Platform Financial News
10.12 / 11:19
markets
Google
Platform
Reddit
Research
social
reports
How years of Reddit posts have made the company an AI darling
Subscribe to enjoy similar stories. Artificial-intelligence companies were one of Reddit’s biggest frustrations last year. Now they are a key source of growth for the social-media platform.
10.12 / 11:11
Digital
Platform
community
trends
social
inequality
Profiles
AI bots talking to bots may mark the start of the internet’s mid-life crisis
Subscribe to enjoy similar stories. Till recently, the digital frontier looked boundless, a perfect virtual world where human interaction and the exchange of ideas were encouraged and democratized. With the rise of AI tools, the internet is witnessing several disconcerting trends.
10.12 / 11:11
markets
Provident
Digital
Platform
Software
Experts
country
Gaining customers’ trust vital for ecommerce: Pralhad Joshi
Pralhad Joshi said on Tuesday, while cautioning that its rapid expansion is accompanied by various risks. “The future of ecommerce in India is bright, inclusive and transformative. While this digital revolution offers incredible opportunities, our government believes it is equally important for consumers to feel confident and make informed choices. Gaining the trust and confidence of consumers is crucial for ecommerce platforms,” Joshi said at Amazon's flagship annual summit, Amazon Smbhav. “Online platforms are now required to provide accurate product details, transparent pricing, disclose the country of origin, and ensure clear return and refund policies while maintaining product quality,” he said, emphasising that platforms often attempt to promote a particular brand.
10.12 / 11:11
markets
Digital
Platform
Strategy
Software
Enterprise
Fiserv
Poonawalla Fincorp appoints Fiserv's Salil Hajarnis as CTO
Poonawalla Fincorp, a Cyrus Poonawalla Group-promoted non-banking finance company, has announced the appointment of Salil Hajarnis as chief technology officer (CTO), said a statement issued today. His appointment was approved by the board of directors on September 11, 2024, and will take effect on December 10, 2024. He will lead the company's technology strategy, focusing on digital transformation and AI-driven customer solutions. With over two decades of experience in technology leadership, he has worked in roles spanning enterprise architecture, software engineering, and AI integration. At Fiserv, as head of technology for India, he led major initiatives including AI and API-enabled solutions, real-time integrations, and platform modernisation across key markets in India, ASEAN, and Australia.
10.12 / 09:21
Platform
wellness
Actor
Experts
Celebrity
social
Courts
Celebrities hit back at social media trolls with defamation suits to safeguard their reputations
Subscribe to enjoy similar stories. Celebrities are increasingly considering filing suits against media platforms that carry defamatory content by trolls, having become more cognisant of the damage that can be caused as the dissemination and consumption of content on the Internet surges.
10.12 / 03:43
Platform
Action
ByteDance
TikTok
Justice
social
Courts
TikTok asks federal appeals court to bar enforcement of potential ban until Supreme Court review
TikTok on Monday asked a federal appeals court to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews the case
10.12 / 01:15
markets
COST
UPS
Digital
Platform
Inside
reports
Digital lenders struggle to grow profit amid high expenses
Bengaluru-based Kreditbee reported a 20% fall in net profit to Rs 20.7 crore for the quarter ended September 30 from Rs 25 crore a year back. Its operational revenue jumped 73% to Rs 518 crore, but its expenses shot up 84% as well, driven by increasing cost of borrowing and impairment on financial instruments. Fintechs that typically cater to the riskiest segment of the country’s consumer base have seen their cost of borrowing go up. Industry insiders peg the increase to be anywhere between 125 basis points and 300 basis points, depending on the spectrum of operations.
10.12 / 01:15
markets
UPS
Digital
Booking
Platform
Mobile
Uber's loyalty programme in India may give it a leg up amid increasing competition
Namma Yatri, mobility industry executives and investors said. OnNovember 27, the company launched its loyalty programme, Uber One, in India, offering monthly and annual plans to users. As part of the programme, Uber is offering up to 10% of the fare as credits to users hailing four-wheelers, three-wheelers and two-wheelers and booking parcel services on its platform. These credits are akin to cashbacks and can be redeemed on future rides. Globally, as of September 30, Uber One had 25 million subscribers, and according to the company, they spend more than three times compared with non-members.
09.12 / 23:01
BTC
Booking
Platform
MicroStrategy
Trade
Bitcoin
rowing
MicroStrategy Buys Another $2.1 Billion Worth of Bitcoin
MicroStrategy (MSTR) bought more bitcoin (BTCUSD) last week, for the fifth week in a row.
09.12 / 21:31
09.12 / 17:57
markets
Digital
Platform
Strategy
Research
Experts
You thought China was behind? Researchers develop record-breaking 504-qubit quantum computer that can challenge the best
China has achieved a huge and significant milestone in the field of quantum computing with the introduction of the Tianyan-504 which is actually a powerful 504-qubit quantum computer, reported Interesting Engineering. According to Interesting Engineering, the record breaking computer has been eventually developed through collaboration between the China Telecom Quantum Group (CTQG), the Chinese Academy of Sciences and QuantumCTek while at the same time this advancement includes the Xiaohong superconducting chip which eventually sets a domestic record for qubit count. Also Read: Is Kevin Costner the hottest bachelor in town? Women are desperate to date him and have this to say
09.12 / 17:57
Waves
Ball
Platform
wellness
Instagram
Photos
Videos
Shilpa Shetty sets the internet ablaze with toned abs at 49. Check her latest gym photos
In her Instagram post, Shilpa shared a motivational caption, “It’s Monday, I’m Happy, I’m Blessed, and I’m going to do Amazing this week,” inspiring her followers to prioritize fitness. This post, along with her stunning workout look, has gone viral, with fans praising her dedication and discipline.
09.12 / 16:17
markets
UPS
FIVE
EBAY
Platform
How an app selling secondhand clothes went from near collapse to worth $5 bn
Subscribe to enjoy similar stories. VILNIUS, Lithuania—Thomas Plantenga was working as a consultant in New York when he was summoned to this Baltic capital more known for its medieval architecture than its tech scene. The 2016 assignment was to spend five weeks with a startup called Vinted that was growing fast but struggling to reach profitability as a platform for selling secondhand clothes.
09.12 / 14:41
markets
FIVE
Digital
Platform
Software
Death
show
Yellowstone fans in utter disbelief as creator Taylor Sheridan casts supermodel as his girlfriend. Here's how you can watch it
Bella Hadid in the latest episode of Yellowstone which aired on December 8, Sunday. The episode, just before the season five finale, marked the 28-year-old model's second scripted acting role. Bella Hadid played a character named 'Sadie', the girlfriend of Travis Wheatley, portrayed by the show's creator Taylor Sheridan. ALSO READ: Yellowstone Season 5 Part 2: Final episodes to be out on this date. Here's where you can watch them.
09.12 / 11:47
UPS
Booking
Manufacturing
Platform
Action
Bill
Why banks flag business expenses paid on personal credit cards
Credit cards come in two broad categories – personal and business. The fine print of personal credit cards clearly says that they cannot be used for business spending, and hence separate cards are issued for business expenses. However, the majority of self-employed or business owners bill some of their business expenses to their personal cards. This begs the question: How do banks allow this?
09.12 / 11:03
markets
Digital
CEO
Platform
Healthcare
Experts
travelers
Startups positioning India for exponential economic growth: Zupee founder Dilsher Malhi
economic growth, Dilsher Malhi, founder and CEO of online gaming platform Zupee, said on Monday. Speaking at the India Internet Governance Forum (IIGF) 2024, Malhi said startups are adding value to society's experiences and redefining how people experience education, healthcare, travel, and entertainment. «India has become the world's third-largest startup ecosystem and we believe this has happened mainly because of the endless possibilities that arise from a credible digital public infrastructure consisting of UPI and Aadhaar, and the penetration of mobile phones across the country. Now with the Bharat 6G vision, the semiconductor mission and the AI mission, startups are positioning India for an exponential economic growth,» he said. Speaking on the concept of «gamification» in addressing real-world challenges, Malhi described how startups are evolving from merely providing solutions for immediate problems--what he referred to as «painkillers»--to offering enriching experiences that enhance well-being, termed «vitamins.»
09.12 / 10:53
UPS
Provident
Digital
Platform
Strategy
Software
economy
UAE's AI Office partners with UiPath to further key National AI Strategy objectives
UAE government announced a partnership with UiPath, a leading enterprise automation and AI company, to advance Agentic Automation — a transformative approach to automation powered by AI. This collaboration will focus on developing AI-powered automation solutions across government entities while equipping UAE talent with critical AI skills. The Memorandum of Understanding, aligned with the UAE National Strategy for AI and supporting the UAE's vision to become a global leader in AI by 2031, was signed by Omar Sultan Al Olama, minister of state for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Daniel Dines, founder and CEO of UiPath, along with the UiPath team
09.12 / 10:29
markets
Digital
Platform
Software
Experts
information
Features
Kinetic Green partners with JioThings to launch digital display platforms, analytics suite
Kinetic Green Energy and Power Solutions on Monday said it has forged a technical collaboration with Jio Platforms Limited's subsidiary JioThings to launch a suite of digital display platforms and analytics. As part of this collaboration, Kinetic Green is unveiling an innovative Smart TFT-based digital and connected display platform to revolutionise the riding experience for its consumers on its E2W platforms, the company said. This advanced display integrates essential features, including real-time navigation, notifications for incoming calls, and information on nearby charging stations, Kinetic Green Energy added. The collaboration will also introduce key features like a built-in Bluetooth and telematics-enabled device to ensure seamless connectivity.
09.12 / 06:19
09.12 / 02:21
markets
IPO
Platform
Analysis
Trade
Experts
Features
Property Share Investment REIT IPO: Shares to debut today. Here's what GMP indicates
shares of Property Share Investment REIT IPO will debut on the BSE platform on Monday. Ahead of the listing, the company's shares had no GMP in the grey market. The REIT IPO of Property Share Investment Trust was fully subscribed on the final day of bidding at 1.19 times at close.
09.12 / 01:43
markets
Provident
Digital
Platform
Software
PAM
Updates
E-insurance account (eIA) opening: Documents needed, other key details to know
An e-insurance account is a digital platform introduced by Irdai to store and manage all insurance policies in one place electronically. It eliminates the need for physical copies, simplifying renewals, claims and updates. Opening and maintaining an eIA is free. Here’s how to get started. Insurance repositories The first step is selecting an authorised insurance repository. Currently, Irdai has approved the following:
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