Platform Financial News

Australia's competition watchdog said on Monday new competition laws are required in response to the rapid expansion of digital platforms such as Amazon, Apple, Google, Meta and Microsoft in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour, such as invasive data collection and practices that lock in customers and limit their choices.

The OECD's Crypto-Asset Reporting Framework will require crypto platforms to share taxpayer information with tax authorities.The UK government says that the standard could potentially recoup hundreds of millions of pounds in lost revenue.“Today we are sending out a strong message that we will not allow criminals to use crypto to avoid paying their fair share,” says Financial Secretary to the Treasury, Victoria Atkins.The 48 signatories to the agreement encouraged other countries to join them.

Sebi) decision to create a regulatory framework for the facilitation of small and medium real estate investment trusts (SM REITs) is expected to boost participation of retail investors, institutionalise the segment, and encourage greater capital influx from both domestic and offshore investors. The establishment of regulation is poised to bolster investor confidence, expanding acceptance for the burgeoning asset class. This initiative is anticipated to provide crucial support to realty developers, offering an additional avenue to monetize assets and infuse much-needed liquidity into the sector. «With the approval of Micro-REIT guidelines, finally we will soon have a new asset class available to investors to provide secured and stable returns even in a small real estate asset as low as Rs 50 crore,» said Anuranjan Mohnot, MD, Lumos Alternate Investment Advisors. According to him, the new regulation has provided more clarity on the regulatory framework for raising money from the public at large outside Alternate Investment Fund (AIF) with due accountability and skin of the investment manager in the entire scheme. While the finer details are awaited, checks and balances covered in the draft paper released by the regulator in May is likely to make way in the regulations. «SEBI's move is a strong testament to the trust of the regulator on this new-age investment avenue and it further reinforces our belief in the model.

Elf', "Home Alone", «A Christmas Story». People also love to watch "Rudolph the Red-Nosed Reindeer". «Rudolph the Red-Nosed Reindeer» is a film based on music story on Johnny Marks' iconic eponymous song. The film «Rudolph the Red-Nosed Reindeer» narrates the story of a reserved reindeer whose Christmas joy is dimmed due to his luminous nose, making him the subject of ridicule in Christmasville, as outlined by Paramount. For those eager to catch «Rudolph the Red-Nosed Reindeer» on television or through streaming platforms during this festive season, the movie is scheduled to be broadcast on CBS stations across the nation on Monday, November 27, commencing at 8 pm (ET), as confirmed by Paramount. Embrace the festive spirit with the timeless holiday classic, now accessible for purchase on Amazon Prime Video. Choose between standard definition and high definition, both offered at a reasonable price of $7.99. Additionally, you can acquire the movie at the same cost on Apple TV+, providing another convenient platform for enjoying this cherished seasonal favorite.

By Saurabh Sharma

₹21,395 crore. Around 16 of these aircraft will be acquired in a ready-to-fly condition from the final assembly line at San Pablo Sur site in Seville, Spain. The first aircraft was handed over by Airbus earlier this year in the presence of Air Chief Marshal Vivek Ram Chaudhuri.

MUMBAI : Nodal gold trade body India Bullion and Jewellers Association (IBJA) has locked horns with MCXCCL, the clearing corporation of India’s largest commodity derivatives exchange MCX, over a crucial revision in the platform’s settlement procedure for gold and silver contracts traded on the bourse. The revision puts the onus of collecting goods and services tax (GST) on the seller and buyer, who give and take delivery on the exchange platform. Up until now, MCXCCL would facilitate the payment of GST from buyer to seller through the exchange’s clearing members.

NEW DELHI : The draft Broadcast Services (Regulation) Bill, 2023, floated by the ministry of information and broadcasting earlier this month, has sparked concerns around the creative freedom of streaming platforms. Several provisions appear to border on censorship, which OTT (over-the-top) services have so far been exempted from.

flats worth a total of Rs 1.18 lakh crore are in Uttar Pradesh's Noida and Greater Noida, according to a white paper released on Sunday. Besides, there are at least one lakh individuals who are still waiting to register their flats while nearly 60,000 others are yet to be handed flats long after their possession date, stated the white paper, issued by citizens' platform Noida Dialogue and private body Namo Seva Kendra.

A massive security breach recently occurred on the DeFi platform known as Raft, which resulted in the theft of around $3.3 million worth of Ether (ETH). The fact that the hacker was able to effectively remove 1,577 ETH from the network demonstrates the continued difficulties with security that exist inside the DeFi ecosystem.

U.S. Data Mining Group, Inc., doing business as US Bitcoin Corp (USBTC), today announced two pivotal developments: the progression of its merger with Hut 8 Mining Corp (“Hut 8”) and the court approval of the Celsius bankruptcy restructuring plan.

Uniswap, a leading decentralized exchange (DEX), has reached a significant milestone. The protocol's front-end fees have accumulated over $1 million, a feat achieved within just 24 days. This article delves into the details of this achievement, its implications, and the context surrounding Uniswap's revenue model.

A significant cryptocurrency theft has been reported, involving the loss of 27 million USDT (Tether). The incident was first brought to light by a tweet from ZachXBT, a well-known figure in the cryptocurrency community, known for his investigative work on crypto-related frauds and scams.

The trade of BC Technology Group Limited's shares on The Stock Exchange of Hong Kong Limited will be halted beginning at 9:00 a.m. on Monday, November 13, 2023, according to an announcement made by the company. This decision was taken in advance of a scheduled announcement about a large deal, which is regarded as business inside knowledge.

South Korea's prominent metaverse platform, ZEP, has announced a strategic partnership with the global Layer 1 blockchain platform, NEAR Protocol. This collaboration, revealed on November 13, 2023, aims to facilitate user onboarding and enhance the development of ZEP's Web3 capabilities, marking a pivotal step in the evolution of both entities.

Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla’s China price change; Ford resumes construction; and VW boosts wages.

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

JERUSALEM (Reuters) — Elon Musk, the tech entrepreneur accused by civil rights groups of amplifying anti-Jewish hatred on his X social media platform, will meet Prime Minister Benjamin Netanyahu and President Isaac Herzog in Israel on Monday, Channel 12 TV said on Sunday.

SIS) said in a statement on Sunday that Egypt has received lists of 13 Israelis and 39 Palestinians scheduled for release on Sunday. This will be the third batch in the four-day truce deal brokered by Egypt and Qatar. "The truce is proceeding without roadblocks," the SIS was quoted by Reuters as saying in a statement.

NIA) on Sunday conducted raids across four states in the Pakistan-backed Gazwa-e-Hind module case. The raids were conducted at the premises of suspects in Dewas district of Madhya Pradesh, Gir Somnath district of Gujarat, Azamgarh district of Uttar Pradesh and Kozhikode district of Kerala. The raids revealed links of the suspects, whose premises were searched earlier on the day with Pakistan-based handlers. «These suspects were in contact with the handlers, and were involved in propagating the radical, anti-India idea of Gazwa-e-Hind,» said the agency. The raids led to the seizure of incriminating documents and digital devices like mobile phones, and SIM cards. Several documents were also seized during the NIA crackdown, as part of the ongoing investigations in the case, commonly referred to as the Gazwa-e-Hind case, Patna (Bihar).

The Polar Express. The enchanting journey of belief, based on Chris Van Allsburg's children's book, brings a magical world to life with Tom Hanks embodying a multitude of characters. For those who haven't secured a Blu-ray, DVD, or Digital copy, the question arises—where can one watch this holiday gem? We've got you covered!