Platform Financial News

30.01 / 13:37

UPS CEO Platform Strategy Meta Ceo reports Relationships Microsoft, Meta talk up their big AI ambitions and spending plans

Subscribe to enjoy similar stories. Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted “exponentially more demand" for AI products. The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the rise of DeepSeek.

30.01 / 10:01

COST DOW Platform NVIDIA Trade reports Microsoft and Meta’s AI splurge still not enough for Nvidia

Subscribe to enjoy similar stories. Money doesn’t solve all problems, but $37.4 billion should solve a few. That was what Microsoft and Meta Platforms have in combined capital spending in the December-ended quarter, according to the companies’ earnings reports Wednesday afternoon.

30.01 / 08:37

Provident Platform Election Columbia Threadneedle's Peter Hewitt elected to the board of the AIC

Hewitt joined Columbia Threadneedle in 2021 after it acquired BMO GAM (EMEA) that year, having previously worked for BMO and its predecessor companies since 1999. After 13 years as a fund manager with Ivory and Sime (later known as ISIS), Hewitt spent two years as head of equities for Murray Johnstone between 1996 and 1998. AIC launches campaign to improve voting practices among investment platforms and providers He has managed the CT Global Managed Portfolio trust since its inception in 2008. Following his appointment, Hewitt said: «As an experienced investor in investment co...

30.01 / 07:25

markets Platform Analysis wellness Trade Experts rights Look for companies succeeding in a tough market; okay to buy Zomato, Swiggy with 6-12 months’ view: Hemang Jani

Hemang Jani, Independent Market Expert, says even as we discuss if the valuations are accurate, companies that are doing well and have a solid business model will eventually benefit investors. It's important to identify companies that are succeeding in tough market conditions, whether they are in banking, automotive, or consumer technology. Jani further says that for some of the platform companies, the story is over. Maybe a bit of a cool-off was required. There is massive selling by the FIIs which were holding some of these stocks. But from a 6 months, 12 months kind of perspective, these remain very interesting themes and particularly Zomato and Swiggy are the names I am pretty comfortable buying into at around current levels.

30.01 / 05:37

markets Digital Platform Strategy Bill PAM Parliamentary panel to review media laws in meeting on January 31

media.

30.01 / 03:15

markets Digital Platform Strategy PAM reports Microsoft rolls out DeepSeek's AI model on Azure

artificial intelligence model available on its Azure cloud computing platform and GitHub tool for developers, the US company said on Wednesday.

30.01 / 01:11

markets Twitter Google Platform President social Meta agrees to pay $25 million to settle lawsuit from Donald Trump after Jan. 6 suspension

Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021, attack on the Capitol, according to three people familiar with the matter.

29.01 / 12:51

Provident Platform wellness information rights AIC launches campaign to improve voting practices among investment platforms and providers

In a letter to business secretary Jonathan Reynolds on Tuesday (28 January), the AIC urged the government to amend Part 9 of the Companies Act 2006 so that platforms are required to pass on company information and voting rights unless their clients opt out. In addition, the association argued that platforms and providers should implement a periodic requirement that would see their customers reconfirm their preferred opt-out choice, as well as enable any customers who already opted out to opt in on demand. The latest push from the AIC comes on the back of a focus on shareholder voting ...

29.01 / 11:09

markets UPS Platform Trade reports Updates AJ Bell Investments AUM rises 38% as platform business hits £89.5bn AUA

In its quarterly trading update today (29 January), the firm reported a 3% increase in AUA, aided by £1.4bn in net inflows over the last three months of 2024, up from £1.3bn in the same period a year prior. Favourable market movements also contributed around 2% of opening AUA, it noted. Additionally, AJ Bell Investments closed the year with a 38% increase in assets under management to £7.2bn, marking a 6% rise for the quarter. AJ Bell launches £30m share buyback scheme as revenue surges 23% Net inflows into the investment division stood at around £400m for the last quarter of 20...

29.01 / 09:35

Provident Digital Platform wellness voice reports Jio’s new voice and SMS-only plans face consumer backlash: Data add-ons not allowed

Mukesh Ambani-led Reliance Jio recently introduced new voice and SMS-only plans, but they haven’t been well received by many users. Consumers have expressed frustration, arguing that in today’s digital age, data is an essential need, and any recharge plan that doesn’t include data feels like a pointless purchase.

29.01 / 07:55

markets IPO Booking Platform Software Enterprise electronic Listings of Capital Numbers, EMA Partners signal a quality shift in SME IPOs

Subscribe to enjoy similar stories. Capital Numbers Infotech Ltd, a Kolkata-based software development company, was listed on 27 January. Its shares debuted at ₹274 on the BSE SME platform, a 4.2% premium over the issue price ₹263.

29.01 / 07:07

markets COST Digital Platform security Sustainability innovations budget 2025 Budget 2025-26: MSMEs’ digital integration is crucial to economic growth

DPI was acknowledged. This includes capacity-building programmes, technical assistance, and adequate funding support. The upcoming Union Budget for 2025-2026 offers a crucial chance to advance the priorities outlined in this agenda.

29.01 / 00:39

markets Digital Platform Fighting Analysis Pool Trade Trump Memecoin likely generated $11 million in fees

Trump’s namesake memecoin has likely generated at least $11.4 million in fees for entities linked to the president since its launch just before his second inauguration, according to an analysis by the crypto risk modeling firm Gauntlet. The crypto world was caught by surprise when the “official” Trump memecoin was released late on Jan. 17 by the former crypto skeptic turned supporter. The ensuing exuberance swelled the market value of the token to more than $14 billion, spurring speculation that it could potentially earn billions for Trump, while also raising concern about conflicts of interest.

28.01 / 20:27

Platform Celebrity show audience exclusive Features diving Armani Privé turns 20. The Italian maestro, 90, celebrates with Paris couture and celebrities

Fashion maestro Giorgio Armani marked 20 years of his haute couture line Armani Privé with an elegant and emotionally charged show in Paris’s chic 8th arrondissement

28.01 / 16:35

markets Citi Digital Platform Strategy PAM inclusion Finvasia partners with Yes Bank to launch AI-enabled super app ‘Jumpp’

Finvasia, has announced the launch of Jumpp, an AI-driven financial super app. Developed in collaboration with YES Bank, Jumpp is designed to simplify personal finance by combining banking, saving, payments, investing, and borrowing into one seamless platform.

28.01 / 15:17

Platform Netflix Boxing film pandemic stars Videos How two American companies are calling the shots in Bollywood

Subscribe to enjoy similar stories. As Eid came around last April, Bollywood was watching closely. It was supposed to be one of the most lucrative periods of the year for the Hindi film industry, as people normally descend on theatres in droves over the holiday weekend.

28.01 / 11:21

markets Google CEO Platform Racing Meta Platforms performer DeepSeek won’t sink US AI titans

Subscribe to enjoy similar stories. Nvidia’s market value surged because of explosive demand for AI chips and services, but the company’s shares fell sharply in a chip-sector selloff on Monday. Necessity might be the mother of all invention, but sparking the mother of all selloffs seemed like a stretch.

28.01 / 10:49

Platform awards WhatsApp wellness prevention Alstom to supply traction components for ICF’s Vande Sleeper trains

Alstom will be supplying traction components and other electrical equipment for Vande Bharat Sleeper trainsets. A company statement said Alstom has been awarded a contract worth €144 million (approximately Rs 1285 crore) for the crucial equipment used in 17 Vande Bharat Sleeper trainsets (408 cars/coaches). These systems will be supplied to Indian Railways’ Integral Coach Factory (ICF) in Chennai.

28.01 / 09:21

markets Citi Platform Strategy Experts hospital patient MedMitra AI raises Rs 3 crore led by All In Capital, WEH Ventures

Healthtech platform MedMitra AI has raised Rs 3 crore in a funding round co-led by venture capital firms All In Capital and WEH Ventures.

28.01 / 08:53

markets COST Platform Research Gartner innovations information Mint Explainer: How DeepSeek’s not-so-hungry AI model can revolutionise India’s AI future

Subscribe to enjoy similar stories. The artificial intelligence (AI) treadmill is moving at a very rapid pace, disrupting even established tech companies in its wake. The latest example is that of DeepSeek AI, a Chinese AI startup that has rattled US tech stocks and global stock markets, even tanking the value of AI posterboy Nvidia Corp.

28.01 / 08:11

markets Digital Platform Strategy ICE PAM Curefoods makes strategic investment in Dras Ice

Cloud kitchen startup Curefoods on Tuesday said it has made a strategic investment in packaged ice solutions provider Dras Ice, but did not disclose the financial details.

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