Platform Financial News

04.11 / 10:21
markets Digital Platform Strategy TikTok Experts social French families sue TikTok over alleged failure to remove harmful content
lawsuit against social media giant TikTok, accusing the platform of exposing their adolescent children to harmful content that led to two of them taking their own lives at 15, their lawyer said on Monday. The lawsuit alleges TikTok's algorithm exposed the seven teenagers to videos promoting suicide, self-harm and eating disorders, lawyer Laure Boutron-Marmion told broadcaster franceinfo. The families are taking joint legal action in the Creteil judicial court. Boutron-Marmion said it was the first such grouped case in Europe.
04.11 / 09:07
markets UPS Platform Nov trends electronic reports China's Singles Day shopping festival is more than halfway over. Here's how consumers are spending
BEIJING — Early indicators of China's biggest shopping event of the year reveal a pickup in select categories amid expectations of relatively modest growth in overall sales.
04.11 / 09:07
markets Digital Platform Strategy Experts European Commission reports Investigations Chinese e-commerce giant giving Zara, H&M, and Amazon a run for their money hits major roadblock
Shein and Temu have transformed the fashion landscape across Europe and the United States. In the U.S., Shein and Temu are challenging Amazon's dominance, while in Europe, they are reshaping the market by competing aggressively with established fashion retailers like Zara and H&M, reported The Times of India (TOI). The appeal lies in their ultra-low prices and vast product ranges, making long-standing retailers seem less competitive in comparison. Zara and H&M are feeling the pressure, as Temu and Shein are often able to undercut their prices and deliver faster, feeding a growing demand for ultra-fast fashion in Europe. Recently, however, Temu has come under scrutiny in Europe. The European Commission, the EU's executive arm, has reportedly launched an investigation into Temu, following suspicions that the company may not be effectively preventing the sale of illegal products. This probe, reported by the Associated Press, follows Temu's addition to the EU’s list of “very large online platforms,” which are subject to stringent oversight under the Digital Services Act (DSA).
04.11 / 06:29
markets Digital Platform Experts PAM performer innovations Mahindra to unveil 2 electric SUVs, XEV 9e and BE 6e, later this month
Mahindra & Mahindra announced on Monday that it will be unveiling two new electric SUVs on November 26, 2024, in Chennai. The new models, named XEV 9e and BE 6e, will make their global debut at the company's «Unlimit India» event. The company noted that these vehicles will be the first models to launch under two new electric sub-brands, XEV and BE, both of which are built on Mahindra's innovative Electric Origin INGLO architecture.
04.11 / 01:17
markets UPS Platform Photos Updates Headlines Profiles Boost your career with LinkedIn: How to optimise your profile to find a job, grow the network and build your brand
Choose your picture The picture is the first thing that people look at on your LinkedIn profile. Choose a high quality recent headshot that shows you as a professional. Dress according to your industry and smile naturally to look approachable. Use good lighting and a neutral background for the image. Do not use selfies or a picture cut out from a group photo. Next, consider the banner or your background photo. Though you can leave the default blue background from LinkedIn, this is an opportunity to build your brand. Customise an image that conveys either your field of work, your interests, or your achievements. You can work with a free, customisable banner template on a platform like Canva. Compelling headline
03.11 / 23:53
markets COST UPS Booking Platform wellness Tying the knot to be a costly affair this year
Subscribe to enjoy similar stories. Wedding planners and venues in India are gearing up for a vital peak wedding season that runs from November to March. This follows a slow first half of the year, which saw just a handful of dates between April and July.
03.11 / 17:49
markets UPS Digital Platform Strategy reports International Banks seek integration with RBI platform to monitor LRS limits
Reserve Bank of India (RBI) seeking integration with its Centralised Information Management System (CIMS) platform, aiming for real-time verification of limit utilisation under the Liberal Remittance Scheme (LRS), said people familiar with the development. Under the LRS, Indian citizens are allowed to remit up to $250,000 per financial year for various permissible transactions. The move can also fast-track the inclusion of international credit card spending under LRS regulations, according to the people.
03.11 / 13:13
markets UPS FIVE Booking Platform Parke wellness Real estate: Deconstructing Shapoorji Pallonji Group’s housing ambitions
Subscribe to enjoy similar stories. Bengaluru: It’s impossible to miss the 60-storeyed skyscraper in south Mumbai’s posh Tardeo locality. Named The Imperial, the iconic blue and white twin towers with conical tops were designed by noted architect Hafeez Contractor.
02.11 / 12:03
Platform Tesla Election President Experts reports Investigations Musk tests the role of money in U.S. politics with multimillion-dollar effort to back Trump
Next week’s presidential election isn’t just a referendum on Donald Trump and Kamala Harris
02.11 / 08:03
markets Man Platform Election Trade show reports The Trump betting whale speaks out: ‘I have absolutely no political agenda’
Subscribe to enjoy similar stories. The man who is betting more than $30 million on a Donald Trump victory wants you to know that he isn’t trying to manipulate the U.S. election.
02.11 / 02:23
Platform shooting isolate Videos Interviews Investigations MrBeast probe ends with some employees fired but finds no proof of sexual misconduct allegations
Online video production company MrBeast says it has fired somewhere between 5 to 10 employees following an investigation into the YouTube empire’s workplace culture
02.11 / 00:49
markets Digital Platform Software pandemic Universities reports Coursera sees spike in GenAI course demand, India leads enrolments
Edtech platform Coursera is banking on the rising demand for generative AI (genAI) courses to drive learner growth as India is at the forefront of enrollments, a senior executive told ET. “If we are comparing it to the pandemic, of course the growth is slower (for online learning platforms). But now genAI courses are driving the growth with over 950,000 enrollments happening for genAI courses and almost 1600% year-on-year growth in genAI content,” Raghav Gupta, managing director of Coursera India and Asia Pacific, said in an interview. “Some of the growth is also happening because it is such a hot topic that people want to learn and there is a bit of a fear of missing out as well,” he added.
01.11 / 18:37
markets MET Platform Election social reports How Elon Musk changed course to go all out for Trump
Elon Musk began to lay out a vision for his ownership of the social network. The company's management had become biased in favour of left-wing values, Musk argued, and he would stamp out political partisanship. «For Twitter to deserve public trust, it must be politically neutral,» tweeted Musk, the world's richest man. More than two years later, the network, now known as X, is anything but. Ahead of this week's presidential election, the platform's algorithmically curated feeds and trending topics have become overtly political, echoing the biases of Musk, the platform's most followed account holder and one of former President Donald Trump's most notable supporters. Musk's posts are a stream of grievances, conspiracy theories and partisan misinformation. The about-face is one of many Musk has undertaken in recent years as he has increasingly embraced Trump and his allies.
01.11 / 17:57
markets COST Target Platform social testing Generative Advertising: Meta's AI goldmine
Generative advertising — which leverages AI to continuously create, test and optimise personalised content at scale that resonates with customers on a personal level — is emerging as the shortest pathway to monetising AI. And it's putting Meta in the pole position. It stands to reason that tech giants pushing the frontiers of generative AI will test the more promising business applications in-house.
01.11 / 15:29
markets Platform security Citigroup Trade CIBC International CIBC hires Mizuho’s Rob Cicchetti in latest U.S. capital-markets push
Canadian Imperial Bank of Commerce hired three bankers, including Mizuho Securities veteran Rob Cicchetti, to build out its U.S. asset-backed securities business.
01.11 / 12:27
COST UPS Target Platform wellness Trade reports Amazon keeps profit margins in Orbit
Subscribe to enjoy similar stories. Like its big tech rivals, Amazon.com is spending a king’s ransom on artificial intelligence. Unlike them, it also has plenty of customers dropping money on toothpaste and razorblades.
01.11 / 12:01
Provident Platform social reports Facebook India's advertisement unit sees FY24 profit grow 43% to Rs 505 crore
Social media major Meta's advertisement unit, Facebook India Online Services, has posted a 43% growth in profit to Rs 504.9 crore in the financial year ended on March 31, 2024, according to documents shared by Tofler. The company had posted a profit of Rs 352.91 crore in FY2023. Facebook India Online Services Private Limited is engaged in the business of selling advertising inventory to customers in India and providing IT-enabled support services and design support services to Meta Platforms Inc. The company reported a 9.33% increase in turnover to Rs 3,034.82 crore in FY24 against Rs 2,775.78 crore in FY23.
01.11 / 11:49
Waters Platform Food wellness hospital travelers Colleges Bartenders shake up the business
Subscribe to enjoy similar stories. One of the key strengths of a good bartender is a razor-sharp memory. It’s useful not only to recall recipes in seconds, but also remember details, like a patron’s name and their preferences.
01.11 / 09:55
Platform security Residential Secure Income lead manager transfers to new firm as part of Gresham House partnership
In a stock exchange notice today (1 November), the trust said Fry will continue to serve in his role as lead fund manager for ReSI under secondment to Gresham House for an initial term of nine months from today. The partnership aims to create a dedicated fund management platform focused on shared ownership and affordable housing in the UK. It will centre around Gresham House's Residential Secure Income LP, a private fund. Listed property woes force Residential Secure Income REIT to table wind-down proposal Additionally, other members of Gresham House's housing team are expected to ...
01.11 / 06:57
Digital Platform War country reports International A surprise new twist in Putin’s currency wars
Subscribe to enjoy similar stories. WHEN THE Bank for International Settlements (BIS) launched mBridge in 2021, a project aimed at revolutionising cross-border payments, it did so with much fanfare and, among some people, high expectations. The new system, which it was developing with China and others, would harness the power of digital currencies and the trustworthiness of central banks to make international financial flows faster, simpler and cheaper, it said.
01.11 / 06:53
Platform Discover Photos RAI social reports Features Gold Rush or Gold Bust? Customer gets the wrong gold coin in Blinkit delivery mix-up, says 'I was scammed'
Blinkit, Zepto, and Swiggy Instamart, which now include gold and silver coins among their offerings. Promising delivery “within minutes,” these platforms appeal to customers seeking last-minute purchases. However, as Delhi-based customer Mohit Jain discovered, the rapid delivery process may not always ensure order accuracy.

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