Platform Financial News

Meta Platforms will be fined one million crowns ($100,000) per day over privacy breaches unless it takes remedial action, Norway's data protection authority said on Monday, in a move that could have wider European implications. Regulator Datatilsynet said it would charge the fine every day from August 4 until November 3 unless Meta takes action. It said Meta cannot harvest user data in Norway, such as users' physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to Big Tech.

ToolJet has raised funding from M12, the venture arm of Microsoft, and cloud-based software development platform GitHub, the company said on Monday. The amount of investment has not been disclosed.

Sony Playstation platform following the acquisition of Activision Blizzard.  With the agreement, the company seeks to address regulators’ concerns that the merger would make more Activision games — such as the massively popular shooting-game franchise — exclusive to Xbox. The US Federal Trade Commission (FTC) had earlier argued the deal would hurt consumers whether they played video games on consoles or had subscriptions because Microsoft would have an incentive to shut out rivals like Sony Group. The announcement was made by Microsoft gaming chief Phil Spencer via a post on micro blogging site Twitter.

money management, such as fixed deposits or repeated deposits, which provided a stable return rate. Today, everyone, from young to elderly, is investing in the stock market, and this type of investment is growing steadily. The securities exchange may deliver significant gains if you have the necessary skills and trade better than the securities exchange, said Ravi Singhal, CEO, GCL Broking.

Reddit has made a decision to remove old chats from its app. They did this to introduce a new system that makes it easier for users to navigate the app. This change happened on June 30th, but users only recently noticed that their old chats were gone.

Emojipedia, to honor the significant impact of emojis. Emojis have become an integral part of our digital conversations. Whether we're texting, using social media, or sending emails, emojis help us express our emotions, convey messages, and add a touch of playfulness to our text-based interactions.

Think Analytics India Pvt Ltd, also known as Think360 AI, was one of only five Asia-Pacific firms that were named in the 2023 edition of AIFINTECH100 list of 100 of the world's most innovative AI solution providers for the financial services industry. In its third year, the list is compiled by a panel of industry experts and analysts and is published by FinTech Global, an online platform providing information and media services focusing on the fintech industry.

Reliance Brands Ltd is in talks to fully acquire actress Alia Bhatt's children wear brand Ed-a-Mamma for ₹300-350 crore, two industry executives said. Reliance Brands is a subsidiary of Reliance Retail Ventures, the conglomerate's retail business holding company. Ed-a-Mamma is an over ₹150-crore brand, according to media reports, and is primarily sold online.

ET Wealth tells you how to reduce unnecessary expenses that may not be providing any bang for your buck.Extended warranty Several manufacturers of appliances and vehicles offer extended warranties for a price. This is over and above the free, standard warranty that these offer. There is no difference in the service as it is only an extension of your warranty by 2-5 years.THE CATCH: These warranties often come with terms and conditions that make them more problematic than being useful.

mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH 13 JANUARY 2006CATEGORY EQUITYTYPE SMALL CAPAUM* Rs.8,577 croreBENCHMARK NIFTY SMALLCAP 250 TOTAL RETURN INDEX WHAT IT COSTS NAV** GROWTH OPTION Rs.114.46IDCW** Rs.38.44MINIMUM INVESTMENT Rs.5,000MINIMUM SIP AMOUNT Rs.500EXPENSE RATIO* (%) 1.80EXIT LOAD 1% for redemption within 365 days*AS ON 31 MAY 2023 **AS ON 11 JULY 2023FUND MANAGER R. JANAKIRAMAN 15 YEARS, 4 MONTHSRecent portfolio changes New entrantsGHCL Textiles, Hitachi Energy India (April).

The DeFi space continues to evolve rapidly, with various scaling solutions and protocols vying for dominance. In this article, we explore the recent performance of Optimism and Arbitrum, two prominent Layer 2 scaling solutions, and their impact on the total value locked (TVL) in DeFi. Additionally, we highlight the impressive growth of InQubeta's presale, which is attracting significant investor interest and nearing the $1.5 million mark.

In the wake of the TerraUSD collapse in 2022, the cryptocurrency market experienced significant turbulence, resulting in the downfall of various prominent cryptocurrency-based companies including the Celsius Network. Celsius was forced to file for bankruptcy, leaving its customers facing substantial losses.

Netflix popular “Knightfall” is set to bid farewell to Netflix in the United States and several other countries in August 2023. The show, which originally aired on the History Channel, premiered in December 2017 and quickly garnered a dedicated fanbase due to its engaging storyline and high production quality. The series was unfortunately canceled after just two seasons. Set in the 14th century, Knightfall takes viewers into the treacherous world of the Knights Templar, a legendary order of warrior monks. The show brought the medieval era to life with its meticulous attention to detail, including elaborate sets, authentic costumes, and intense battle sequences. A talented ensemble cast, featuring Tom Cullen, Jim Carter, and Mark Hamill, contributed to the show's success.

Netflix continuously adds and removes titles of TV shows, documentaries, movies and games to update its platform. This exercise, which is carried out regularly, is undertaken to keep the interest of the viewers on the streaming platform alive.

National Australia Bank will block payments to high-risk cryptocurrency exchanges, which is understood to include Binance, from Monday in an effort to reduce the instances of fraud and scams at the financial institution.

Criminal Justice and Jhalak Dikhla Ja in India, BBC Studios has recently launched new projects such as The Broken News 2 for ZEE5. “Before the pandemic when the industry had just seen the birth of OTT, there were international formats that were getting picked up, and we could work on existing scripts. Covid allowed us to develop our own slate and start writing for the Indian audiences, instead of just catering to briefs," Sameer Gogate, general manager, production, BBC Studios India, said in an interview.

New Delhi: The draft of the leaders’ declaration to be presented at the G20 heads of state meeting in September in New Delhi has been formulated at the three-day gathering of G20 Sherpas, that concluded on Sunday in Hampi, Karnataka, according to an official statement. Over 120 delegates representing G20 members, international organizations, and other nations collaborated in crafting the ‘Leaders Declaration,’ with Indian G20 Sherpa Amitabh Kant charing the meeting.

₹199 per month, allows users one credit per month that can be used to access one book of their choice. “We’re still in early days of building (the audio listening) category in India but expanding rapidly as we diversify our offerings beyond book adaptations to appeal to non-readers as well and find ways to localize in the regional languages," said Shailesh Sawlani, country manager, India, Audible, in an interview.

Banijay has acquired a 49% stake in Endemol Shine India from media sector-focused venture capital fund CA Media to take complete control of the content studio, solidifying its position as the largest independent content studio in the country. Prior to the acquisition, Banijay held a 51% stake in Endemol Shine India. Banijay has reportedly paid between $90 million and $100 million (Rs 738 crore-Rs 821 crore) to CA Media for the buyout, according to industry sources. The transaction values the company between $180 million to $200 million, said the sources quoted above. In 2012, CA Media had bought a 49% stake in the content studio, which produces shows like Bigg Boss and Khatron Ke Khiladi.

China Pakistan Economic Corridor (CPEC) in the Non-Aligned Movement (NAM) document at a recent ministerial meet of the grouping in Baku (capital of Azerbaijan). India was also successful in nixing efforts by Pakistan (at China's behest) to include reference to South China Sea disputes in the NAM document, ET has reliably learnt. SE Asian states, who are members of NAM and party to the South China Sea dispute, worked closely with India to defeat plans by Pakistan, hinted persons familiar with the development.

The COVID-19 pandemic gave a significant boost to streaming stocks in 2020 and 2021. Just think about it: Netflix (NASDAQ:NFLX) crossed the impressive 200 million subscribers milestone, and Walt Disney's (NYSE:DIS) Disney+ hit 100 million subscribers during those trying times.