Platform Financial News
10.08 / 03:25
Citi
Digital
Citizens
Platform
Rise in Chinese Citizens, Firms Using Digital Yuan to Pay Taxes
More Chinese citizens and firms are using the digital yuan, China’s central bank digital currency (CBDC), to pay their taxes, state organs, and government-owned banks have claimed.
10.08 / 03:15
Twitter
Platform
Reddit
TikTok
show
voice
controversy
Rahul Gandhi's flying kiss in Parliament sparks controversy; Check out how internet reacted
MPs, voiced their strong objections following an alleged flying kiss gesture made by Congress MP Rahul Gandhi towards BJP MPs in the Lok Sabha. Although the incident was not captured on camera, it reportedly occurred as Rahul Gandhi was leaving the Lok Sabha premises after delivering a speech concerning the no-confidence motion on Manipur. Smriti Irani, without directly mentioning Rahul Gandhi's name, denounced the act by stating, “Only a misogynistic man can exhibit the gesture of a flying kiss towards female parliamentarians.
10.08 / 03:09
Facebook
Provident
Platform
country
cover
social
Contrary to popular belief, UK study says there's 'no evidence' Facebook harms mental well-being
Facebook across the globe, a University of Oxford study claims on Wednesday that it found no evidence that the social media platform's worldwide penetration is linked to adverse mental health impact. The study by the Oxford Internet Institute (OII) used wellbeing data from nearly a million people across 72 countries over 12 years and harnessed actual individual usage data from millions of Facebook users worldwide to investigate the impact on wellbeing of the platform, now branded as Meta.
10.08 / 02:39
Amazon
Platform
Strategy
Eicher Partners and Amazon to introduce electric trucks for middle and last-mile deliveries
electric vehicle platform already in operation in bus applications. The trucks, ranging from 8 to 24 feet in deck length, will feature tailored cargo stacking arrangements.
10.08 / 02:25
Provident
Extreme
Platform
Action
Align
‘Gas corps should be sweating’: CBA’s new fossil fuel lending rules
Commonwealth Bank is lifting the bar on oil and gas producers’ access to financing, requiring fossil fuel producers to provide detailed plans that disclose carbon emissions through the supply chain.
10.08 / 00:53
UPS
BLOCK
Platform
Entertainment
country
star
Indian
Gaming major Krafton to invest another $150 million in Indian startups
Krafton Inc said it will make investments of $150 million into Indian startups over the next two to three years. Over the last three years, the firm has invested about $140 million in 11 Indian gaming and content-driven ventures including Nazara Technologies’ unit Nodwin Gaming, Pratilipi, KukuFM and Loco.
10.08 / 00:53
Provident
Digital
Platform
social
electronic
Data Bill to make social media companies accountable, fortify IT industry: IT Minister Ashwini Vaishnaw
DPDP) Bill that the Rajya Sabha cleared on Wednesday will make social media companies operating in India more accountable, boost the business of the IT industry and change the way organisations process data of Indians, minister for electronics and IT Ashwini Vaishnaw said. The exemptions that are given to the government under the proposed law are far fewer than what the European privacy law provides, he told Aashish Aryan & Surabhi Agarwal in an interview. Edited excerpts.How will having a privacy law further cement India’s position as tech powerhouse of the world? It will mean a lot for the Indian IT industry, which will find better traction all over the world.
10.08 / 00:53
COST
CEO
Platform
Exodus
track
exit
safe
Senior executives exit startups to the safe shores of big local business groups
startups to traditional Indian business groups, with four out of ten top professionals exiting in the past ten months joining large traditional groups, as unicorns, soonicorns, and other new-age companies seek to clamber out of a grim and protracted funding winter. Since September 2022, about 750 senior executives (CXOs and CXO-1) out of about 5,000 top professionals (with more than Rs 1 crore salary) exited unicorns and soonicorns.
09.08 / 22:57
Landmark
Platform
Simulation
show
stage
fun
If you've ever wanted to be in 'Hamilton,' you can now do so — on Roblox
The landmark Broadway musical “Hamilton” has landed on Roblox, turning the innovative stage show into an immersive online environment for a new generation
09.08 / 21:33
09.08 / 21:33
Career
Platform
Entertainment
awards
Actor
show
performer
Mantle
Doreen Mantle dies at age of 97. See actor’s contributions to entertainment industry
Doreen Mantle, renowned for her captivating roles in iconic shows, such as One Foot In The Grave, has passed away at the age of 97. Her agent confirmed that she peacefully departed in the comfort of her home. Mantle gained widespread recognition for her portrayal of Jean Warboys, the endearingly vexing friend of Victor Meldrew's wife, in the beloved BBC comedy series. Her talent graced other prominent productions as well, including appearances in the BBC detective series Father Brown, the medical drama Doctors, and a notable role as Joy Fishwick in ITV's Coronation Street. Her versatile career encompassed an array of credits, with standout performances in My Family, Dirk Gently, Jam And Jerusalem, Doc Martin, Jonathan Creek and Yentl. In a testament to her skill, Mantle earned an esteemed Olivier Award in 1979 for her compelling contribution to Death Of A Salesman at the National Theatre. Additionally, Mantle's theatrical achievements extended to her one-woman show, My Truth and Reconciliation, and notable appearances in plays, such as 84 Charing Cross Road and Billy Liar. Her legacy lives on through her two sons, four grandchildren, and a cherished brother.
09.08 / 20:49
Fox
Platform
Entertainment
CAT
Adventure
film
What movies to watch with kids on streaming platforms in August? See list of 10 family films
The Super Mario Bros. Movie: Join Mario, Luigi and the gang in this action-packed animated blockbuster that introduces new twists to the beloved video game world.Nimona: Follow the rebellious shapeshifting teen Nimona and knight Ballister Boldheart on an empowering quest to clear their names in this subversive coming-of-age story.The Slumber Party: Experience a wild ride as three teens embark on a hilarious mission to find a missing friend, leading to unexpected chaos and adventure.The Boy, the Mole, the Fox and the Horse: Immerse your young ones in a visually stunning animated short film that conveys powerful messages of kindness, friendship and empathy.The Amazing Maurice: Join the charismatic feline Maurice and his friends as they tackle food thievery and villainy in this whimsical animated comedy.World’s Best: Witness the heartwarming journey of a math genius as he discovers his father's hidden talents, blending hip-hop fantasies and musical comedy.Mummies: Embark on a fish-out-of-water adventure with a chariot racer and his companions as they navigate modern-day London to retrieve a stolen royal wedding ring.Miraculous: Ladybug & Cat Noir, the Movie: Enter the world of French superheroes Ladybug and Cat Noir as they join forces to defeat a mysterious supervillain and his malevolent creatures.Snoopy Presents: One-of-a-Kind Marcie: Enjoy classic Charlie Brown charm as bespectacled Marcie faces unexpected challenges, proving her problem-solving skills as class president.The Monkey King: Join the confident Monkey King on a thrilling quest filled with action, self-discovery, and a battle against 100 demons in this animated adventure. FAQs Do these movies have
09.08 / 19:53
Waves
Lowe's
Platform
performer
stage
VC funding
July's VC funding wave breathes new life into startup ecosystem
BENGALURU : Angel and venture capital investments rebounded in July from the trough seen in April, highlighting a steady recovery in the startup ecosystem amid the prevailing funding winter. Even though the number of deals fell marginally last month from June, the quantum of investment rose, indicating that the worst may be over. Investors struck 71 deals during the month, slightly lower than 73 recorded in June but considerably higher than the 58 deals seen in April when investment activity sank to a nine-year low.
09.08 / 19:43
Provident
FIVE
Digital
CEO
Platform
country
White-label ATM leader India1 eyes a slice of fintech
India1 is set to transform itself into a fintech company from being the top white-label ATM services provider. While the fintech businesses could take time to deliver profits, the ATM business keeps ringing in the cash. “We are looking at revenue streams beyond white-label ATMs,” said K Srinivas, managing director and CEO of India1 Payments. “Besides providing switching services to smaller banks to connect their ATM network, we are also working as a digital loan facilitator by connecting our 54 million customers who are already on our digital platform to potential lenders,” he added. India1 Payments, in which ICICI Ventures has about 49% stake, is promoted by Australia’s Banktech group. The company plans to leverage its customer base using its white-label ATM platform by being an account aggregator and connecting those interested in small-ticket loans with the potential lender. This could earn the company a fee-based income for the concluded transactions. The company will also continue to expand its mainstream business of providing white-label ATMs in semi-urban and rural areas where it is already having a strong presence and increase its ATM network and expand its regional spread. India1 Payments currently manages 12,200 white-label ATMs throughout the country and plans to double the count by rolling out another 12,000 more ATMs over the next five years.
09.08 / 19:27
MET
Reuters
Digital
PayPal
Platform
Meta Platforms
Congresswoman Waters 'deeply concerned' about PayPal's stablecoin launch
(Reuters) — Democrat Congresswoman Maxine Waters (NYSE:WAT) said on Wednesday she was «deeply concerned» about payment giant PayPal (NASDAQ:PYPL) launching its own stablecoin in the absence of a federal framework to regulate digital assets.
09.08 / 19:27
09.08 / 18:51
UPS
BLOCK
Platform
Racing
Cabinet okays GST changes to betting on online games
GST Council’s decision to ensure that 28% GST is paid on the full value of amounts deposited by players for betting on online games, casinos and horse races, three people familiar with the development said. The cabinet clearance to the bill enables the government to place amendments to Central GST laws in Parliament in the ongoing session, which is on till Friday. This is required to enable even state governments and two Union territories with Assemblies to clear amendments to SGST law in time for the new taxation to be enforced from 1 October.
09.08 / 18:51
Citi
Digital
CEO
Platform
beautiful
electronic
E-comm order volumes jump 26% in FY23, tier-1 cities lead
Tier-1 cities led the growth in e-commerce volumes in fiscal 2023 as work from office resumed after two years of pandemic-led restrictions, e-commerce enablement SaaS platform Unicommerce said in its annual trends report released Wednesday. “As offices return to regular operations, there has been a notable shift of consumers shifting back to tier I and metropolitan cities for work, resulting in tier I cities exhibiting fast growth in order volumes relative to tier II and tier III cities.
09.08 / 18:51
Booking
Platform
Remark
film
show
performer
star
Weekend
Theatres get ready for an action-packed holiday weekend
PVR Inox Ltd. According to Bijli, around 20 films across languages have been screening concurrently across theatres, with a minimal impact on the box office performance of one over another. Ashish Saksena, chief operating officer, cinemas, BookMyShow said so far Jailer has seen around 900,000 bookings on the platform, leading with the original Tamil version in south India including Chennai, Bengaluru, and Hyderabad.
09.08 / 18:31
Booking
Platform
Entertainment
Software
Enterprise
Akamai
Stocks making the biggest moves midday: Roblox, Penn Entertainment, Upstart and more
Check out the companies making headlines in midday trading.
09.08 / 18:23
Digital
Citizens
Platform
Software
voice
cover
Govt expects to implement new data protection law within 10 months
Personal Data Protection law within 10 months, Union IT Minister Ashwini Vaishnaw said on Wednesday. The Rajya Sabha on Wednesday passed the Digital Personal Data Protection Bill 2023 with a voice vote amid a walkout by opposition members over the Manipur issue. The Bill, which comes after six years of the Supreme Court declaring 'Right to Privacy' as a fundamental right, has provisions to curb the misuse of individuals' data by online platforms.
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