Platform Financial News

KeyBanc reiterated an Outperform rating on Intuit Inc (NASDAQ:INTU) and raised their 12-month price target on the stock to $600.00 (From $535.00) after the American software company held a 45-minute virtual «Innovation Day».

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The Chainlink price has risen by 1.5% in the past 24 hours, with its jump to $6.22 coming as the cryptocurrency market as a whole declines a little.

(Reuters) -Microsoft researchers said on Thursday they found what they believe is a network of fake, Chinese-controlled social media accounts seeking to influence U.S. voters by using artificial intelligence.

Microsoft researchers said on Thursday they found what they believe is a network of fake, Chinese-controlled social media accounts seeking to influence US voters by using artificial intelligence. A Chinese embassy spokesperson in Washington said that accusations of China using AI to create fake social media accounts were «full of prejudice and malicious speculation» and that China advocates for the safe use of AI.

1) Company overviewJiwanram Sheoduttrai Industries initially started manufacturing industrial safety gloves and gradually expanded its presence in the industrial garment sector. Its business is classified under three product verticals — manufacturing and export of industrial leather gloves, industrial garments and work and casual wear.2) Industry overviewThe global personal protective equipment market (PPE Market) was $68.5 billion in 2022 and is projected to reach $64.2 billion by 2027, at a CAGR of -1.3% from 2022 to 2027.3) Issue sizeThe IPO is entirely a fresh issue of up to 74.2 lakh equity shares aggregating to Rs 17.07 crore.4) Price bandThe company will offer its shares at a price band of Rs 23 apiece, and investors can bid for 6,000 shares in 1 lot.5) Financial performanceFor the period ended March 2023, the company has recorded revenues of Rs 42.23 crore and net profit of Rs 4.02 crore.6) Objects of the offerThe net proceeds from the public offer will be used to fund working capital requirements, repayment of debt, and other general corporate purposes.7) Lead managers and RegistrarAffinity Global Capital is acting as the lead manager to the issue, while Cameo Corporate Services is the registrar.8) Issue structureAbout 50% of the offer is reserved for retail investors, and the rest for other investors.9) Important datesThe IPO opens on September 8 and closes on September 12.

A World Bank eport says online gig work is growing globally and is creating an important source of employment for women and young people in poorer countries where jobs are scarce

As crypto continues to cement itself into our financial system, the question of custody, or how individuals and entities should hold their assets, is becoming increasingly important. This is especially true following the fallout of multiple centralized platforms last year, such as FTX and Gemini, which caused many investors to lose their crypto holdings.

Validus Financial Associates, which oversaw approximately $800 million in assets at Lincoln Financial Group, has found a new home at LPL Financial, the firm announced Wednesday.

capital market regulator Securities Exchange Board of India (SEBI)published a consultation paper on regulating finfluencers. The SEBI published a consultation paper in August on the affiliation of registered intermediaries with "finfluencers," or digital and social media influencers who primarily operate in the fields of business and financial literacy.

G20 summit on 9 and 10 September, Gurugram District Administration on Thursday issued an advisory directing all offices to to ask their employees to work from home on September 8. The advisory said, "All corporate offices and private institutions in the district are advised to guide their employees to Work from Home tomorrow, on 8th September 2023." All private and government offices in Delhi will remain closed on September 8-10, while banks and commercial establishments, including markets, in the New Delhi district will be shut during these three days.

Top Boy Season 3 has been released on Netflix. Viewers are getting chance to return to the Summerhouse Estate in East London for one last thrilling chapter as the beloved crime series unveils its final season. Now available for streaming on Netflix, the final installment is referred to as «Top Boy: The Final Chapter» by the platform. However, devoted fans recognize it as technically the fifth season of the show, considering its origins as a two-series drama on Channel 4 in 2011, which was regrettably canceled prematurely. In 2017, Netflix resurrected Top Boy with the involvement of rapper Drake, also known as Aubrey Graham, who continues to serve as the show's Executive Producer. The original two series can also be found on the streaming platform under the title Top Boy: Summerhouse. Similar to those initial two seasons, the three Netflix episodes continue to revolve around the lives of drug dealers Dushane and Sully. Their tumultuous on-and-off partnership has led them through intense trials, including confrontations with rival gangs, harrowing prison experiences, turf wars, violent encounters, and a plethora of family drama and tragedy. «Top Boy» Season 3 has new characters such as Barry Keoghan as Jonny, and Brian Gleeson as Tadgh. There are a few familiar faces likes of Ashley Walters and Kane Robinson as Dushane and Sully, Simbiatu Ajikawo as Shelley, Jasmine Jobson as Jaq and Saffron Hocking as Lauryn, Araloyin Oshunremi as Stefan and Savanah Graham as Erin, Joshua Blissett as Kieron.

In a market defying display, new GHOSTDAG protocol Kaspa (KAS) has exploded +16% in a huge bounce from the lower trading channel, leaving traders asking is it too late to buy Kaspa? 

Stocks that traded heavily or had substantial price changes on Wednesday: Photronics, Dominion Energy fall; Roku, Express rise

The European Union is targeting six Big Tech companies including Amazon, Apple and Microsoft under new digital rules aimed at reining in the market power of online companies

Donald’s Trump’s Truth Social got a lifeline this week after a blank-check company that could infuse the social media platform with cash agreed to extend a critical deadline for a year

Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses

New Delhi: The government has sought public feedback on draft guidelines aimed at preventing and regulating "dark patterns" - digital design interfaces used to manipulate customer behaviour. These draft rules have been developed after consultations with stakeholders including e-commerce platforms, law firms, and consumer organizations, the ministry of consumer affairs said in a statement on Thursday.

New ads from Meta Platforms replace earlier campaigns’ visions of a futuristic metaverse with scenes depicting virtual reality as a real, present-day and even prosaic technology. In one video from the campaign, which is dubbed “The Impact Is Real," welders practice welding with virtual metals, doctors rehearse surgeries on virtual eyeballs, and the English soccer player Marcus Rashford uses VR to stay connected to the pitch when recovering from an injury.

Search engine behemoth Google has revised its advertisement policy on cryptos, allowing blockchain-based non-fungible token (NFT) ads, as long as they adhere to ad requirements and do not advocate gambling-related content.

Ethereum (ETH) co-founder Vitalik Buterin has collaborated on a research paper that explores the development of a privacy protocol called Privacy Pools.