Racing Financial News
07.08 / 08:19
UPS
Racing
Pool
ANZ
Fantasy sports start-up seeks fresh funds; big-name investors saddle up
A fantasy sports developer and gambling newcomer with a register of high-profile backers has kicked off a search for fresh funding, calling in advisers from Henslow.
07.08 / 05:15
Digital
Booking
Extreme
Racing
Instagram
performer
classical
NOT
Why it’s OK not to be perfect at work
This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. It is the world’s most tired interview question: what is your greatest weakness? And Rishi Sunak, one of the two remaining candidates in the race to become Britain’s prime minister, gave the world’s most tired answer—perfectionism—when he was asked it at an online hustings earlier this month.
07.08 / 01:01
Citi
Racing
Fighting
RIG
show
social
Trump
Donald Trump claims he can’t get a fair trial in ‘filthy’ Washington; seeks new judge in US poll conspiracy case
Former President Donald Trump attacked the nation’s capital as a “filthy and crime-ridden embarrassment" as the leading Republican candidate in the 2024 race seeks to move his federal trial on conspiracy and obstruction charges to a more politically friendly venue. “NO WAY I CAN GET A FAIR TRIAL, OR EVEN CLOSE TO A FAIR TRIAL, IN WASHINGTON, D.C.," Trump wrote in an all-capital-letters post on Truth Social, his social media site. He called for a US takeover of the city — which has limited home-rule powers under congressional supervision — a move he said would be unpopular with potential jurors.
06.08 / 20:33
Racing
Strategy
Mobile
Airtel beats Jio in race for postpaid users in Q1
Airtel is leading in the race with Reliance Jio to capture a larger postpaid subscriber base as Indian telcos seek ways to improve revenue and average revenue per user (ARPU) in the absence of headline tariff hikes, analysts said. This is mainly due to Airtel's premiumisation strategy backed by aggressive on-ground retail strategy, they added, an area where Jio — which launched its new postpaid plans in March — appears to be lacking currently. «Postpaid is a push product and requires telcos to consistently engage with (retail) customers to convince them to upgrade from prepaid.
06.08 / 11:15
UPS
Racing
Kuki MLAs afraid of travelling to Imphal, likely to skip assembly session
Kuki MLAs irrespective of their party affiliations are unlikely to attend the Manipur assembly session slated to be called from August 21 in view of the continued ethnic violence, according to leaders from the community. An apex Meitei organisation COCOMI, which has been spearheading demands for an early session of the assembly to «unanimously» reject demands for separate administrative units for Kukis, however, claimed that it would ensure safety of tribal MLAs if «they really want to come.» «In view of the prevailing law and order situation and the continuing violence in Manipur, it will not be possible on my part to attend the upcoming session,» said LM Khaute, BJP MLA for Churachandpur, one of the worst-hit districts by the ongoing race riots, in a telephonic interview to PTI.
06.08 / 10:27
UPS
Lowe's
Racing
Software
country
social
Artificial vs human intelligence: An existential race is underway
In our joint piece in May 2023 (‘How should humans respond to advancing artificial intelligence?’), we explored the power and reach of AI. Still, we expressed concern about its impact on human creativity, decision-making unregulated by human conscience, and the productive utility of human time saved by AI adoption. We also said that human beings were survivors and would probably outlive the predicted AI-doomsday scenarios.
06.08 / 08:51
UPS
Gap
Racing
Samsung
Micron
China at major risk of losing global memory chip, AI race: report
suggested a report in the South China Morning Post. According to the report, China was recently seen as catching up quickly with global suppliers in the field of advanced 3D NAND flash and DRAM memory chips, but not anymore.
06.08 / 08:19
Provident
Waves
Racing
Remark
National
Indian
Tamil Nadu: 13-Year-old motorcycle racer dies following crash at Indian National Championship in Madras
Also read: Ryan Reynolds Buys Stake in F1 Racing Team, Growing His Business Empire The promoter of the event, Madras Motor Sports Club, decided to cancel the remaining races scheduled for August 5th and 6th in response to the incident. "It is tragic to have lost a rider so young and talented.
06.08 / 03:09
UPS
Waves
Racing
Taxpayers face $83m loss in another potash collapse
More than $83 million of taxpayers’ money was in doubt on Friday after sulphate of potash aspirant Kalium Lakes collapsed into receivership.
05.08 / 20:49
Booking
Action
Racing
Chevrolet
social
NASCAR driver Noah Gragson suspended. See what happened
NASCAR driver Noah Gragson has been indefinitely suspended by Legacy Motor Club due to his recent actions on social media. This decision follows his liking of a meme that mocked the tragic death of George Floyd. Gragson will not participate in the upcoming Cup Series race at Michigan International Speedway, and his spot will be filled by Josh Berry. The Legacy Motor Club released a statement via social media, expressing their immediate suspension of 25-year-old Gragson, citing his actions as inconsistent with their team's values. According to Fox Sports, Gragson's suspension was triggered by his liking of the controversial meme that made light of George Floyd's 2020 murder, a deeply divisive incident that sparked global conversations on racial issues. NASCAR also weighed in on the matter, pointing out that Gragson's conduct violated Section 4.4.D. of the NASCAR Rule Book, which addresses driver behavior. NASCAR's official statement supported the Legacy Motor Club's decision, highlighting Gragson's breach of the Member Conduct section in the 2023 NASCAR Rule Book. This violation led to his indefinite suspension. Gragson, while apologizing on X, said, «I am disappointed in myself for my lack of attention and actions on social media. I understand the severity of this situation. I love and appreciate everyone. I try to treat everyone equally no matter who they are. I messed up plain and simple.» Replacing Gragson, Josh Berry, an experienced 32-year-old driver, will take the wheel of the No. 42 Legacy MC Chevrolet at the FireKeepers Casino 400 event.
05.08 / 20:49
UPS
Racing
Marvell
film
Warner Bros
performer
'Barbie' hits $1 billion, 'TMNT,' 'Meg 2' and 'Oppenheimer' compete at box office
box office is seeing strong competition as 'Barbie' crosses the $1 billion mark globally, while 'Teenage Mutant Ninja Turtles,' 'Meg 2,' and 'Oppenheimer' contend closely. Greta Gerwig's 'Barbie' is set to earn around $54 million in its third weekend, reaching $460.4 million in North America and surpassing $1 billion worldwide. This achievement, anticipated within the next day, makes it the first solo-directed live-action film by a woman to join the billion-dollar club. The movie also holds the title of the highest-grossing live-action film domestically for a female director, surpassing 'Wonder Woman' and 'Captain Marvel.' Maintaining its top spot for the weekend, 'Barbie' faces competition for second place. Early estimates suggest 'Oppenheimer,' 'Teenage Mutant Ninja Turtles: Mutant Mayhem,' and 'Meg 2: The Trench' are closely contending, each projected to earn around $29 million, according to rival studios. Paramount predicts a slightly higher $30 million for the 'TMNT' reboot, which gained $9.3 million on Friday. With positive reviews and an A CinemaScore, the family-friendly film, written by Seth Rogen, could reach a five-day total of approximately $45 million.Warner Bros.' 'Meg 2,' released on Friday, follows up on the 2018 hit 'The Meg,' opening with $12 million on Friday, including $3.2 million from Thursday previews. The sequel, with a B- CinemaScore, is maintaining the horror theme. Meanwhile, Christopher Nolan's 'Oppenheimer' continues its strong performance, surpassing $500 million worldwide and projected to reach $551 million by Sunday. Focusing on the creation of the atomic bomb, the film becomes the highest-grossing World War II picture, outpacing 'Dunkirk' and 'Saving Private Ryan.'
05.08 / 15:47
Provident
Racing
Strategy
Dreams
stage
China's naval base in Cambodia is ‘not a cause of alarm’ for India: Former Navy chief
Chinese assistance, is just another step in Beijing’s unfolding grand strategy for achieving the “China Dream", or attainment of Super Power status by 2047 or earlier. The CPC had realised at an early stage that an essential prerequisite for achieving the China Dream was for China to become a maritime power," Admiral Arun Prakash said.
05.08 / 11:43
Twitter
Manufacturing
Racing
Enterprise
stake
From IT raids to majority stake in prized assets: Congress flags 'chronology' in Adani Group's acquisitions
Sanghi Industries Ltd (SIL) from its existing promoter group - Ravi Sanghi and family. Day after the deal was announced Congress leader Jairam Ramesh alleged that the Prime Minister Narendra Modi led government has been ‘handing over’ prized assets to the beleaguered billionaire, all while unleashing probe agencies on Adani Group's competitors.
05.08 / 10:17
FIVE
Racing
CBI
Companies competing with Adani for 'prized assets' faced CBI, ED, IT raids: Congress
Congress on Saturday cited the takeover of a cement company to allege that probe agencies were being misused by the BJP government to «enrich» a select few crony capitalists. Congress general secretary Jairam Ramesh claimed that in sectors such as airports, ports and cement, companies competing with the Adani Group for prized assets have faced CBI, ED and Income Tax raids «that have dissuaded them from proceeding with their bids, and the assets have ultimately gone to Adani». «In our Hum Adani ke Hain Kaun (HAHK) series of 100 questions for Prime Minister (Narendra) Modi, the Congress party had pointed out how the Adani Group has repeatedly profited from well-timed, Modi-made raids by investigative agencies on its business competitors,» he said in a statement.
05.08 / 04:51
Racing
General strike cripples normal life in Manipur's Imphal Valley
Manipur on Saturday paralysed normal life in Imphal Valley, with markets and business establishments remaining shut in almost all localities. Public transport stayed off the road and only a few private vehicles were seen plying on the streets. Schools also remained closed due to the strike from midnight.
04.08 / 20:29
Citi
CEO
Racing
Strategy
Vodafone
voice
No plans to launch locked feature phone: Airtel CEO Gopal Vittal
Bharti Airtel has no plans to launch a locked feature phone device like the Jio Bharat device by competitor Reliance Jio last month, chief executive Gopal Vittal said, adding that the telco does not see a significant impact on its 2G user base. The country’s second largest telco said the contribution of the feature phone market to its overall revenue is 18%, and Airtel’s focus is to drive premiumisation by upgrading these users to 4G. Speaking at the carrier’s first quarter earnings call Friday, Vittal said that the telco was not in race with rival Reliance Jio for 5G coverage, and is just focusing on quality services. “We will not be launching any such device. Our feature phone user is on (the) 2G network, and our focus will be on upgrading them to a smartphone,” Vittal said, addressing queries on the impact of the Jio Bharat launch. All Jio's customers are 4G network ones and the new feature phone launch, much like the JioPhone in 2016, is seen as a strategy to tap into basic phone users yet to upgrade to 4G, analysts said.
04.08 / 18:15
FIVE
Extreme
Racing
Actor
show
performer
track
Why ChatGPT Is Getting Dumber at Basic Math
Since becoming widely available to the public last year, artificial-intelligence chatbots have dazzled people who experimented with them, kicked off a global development race and even contributed to the strike in Hollywood over their impact on writers and actors. AI tools have also generated fear that they will inexorably improve and threaten humanity. OpenAI’s ChatGPT debuted to the public in November, sparking the current frenzy, followed by Chat GPT-4 in March, meant to be more powerful than its predecessor.
04.08 / 16:03
04.08 / 02:23
UPS
Man
Google
Racing
Celebrity
exclusive
Google Doodle celebrates 109th birth anniversary of trangender cyclist Willy De Bruyn
Search engine giant Google on Friday celebrated the 109th birth anniversary of Belgian cyclist Willy De Bruyn by creating a doodle of him riding a bicycle. Born in 1914 in Erembodegem, Belgium, De Bruyn was an intersexual person, that is with a combination of male and female biological traits. However, due to stricter gender norms at that time, De Bruyn’s parents had to register him as either a boy or a girl.
03.08 / 21:13
Provident
Digital
Racing
Adventure
Inside
Baldur’s Gate 3: Is it possible to change appearance? Here’s details
Baldur’s Gate 3 offers a variety of ways to immerse players. Notably, the game lets you craft and personalize your character in detail before embarking on your adventure. With a line-up of 12 classes, 46 subclasses and 11 unique races like Dragonborns and Half-Orcs, the game provides a broad palette of options. However, what if you grow dissatisfied with your character's initial appearance? Let's delve into whether you can change your Baldur's Gate 3 character's look later in the game.
03.08 / 17:39
UPS
Platform
Racing
Strategy
Pool
Dreams
show
play
The survival play of real-money gaming cos
₹10,000. But from 1 April, after changes were made to the Income Tax Act, a 30% TDS now applies on net winnings from online games in a financial year. Withdrawal of net winnings get taxed at source either when it crosses ₹100 or at the financial year end.
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