Schools Financial News

Facebook owner Meta is considering blocking news content from the platform in Australia if the government makes it pay licensing fees, a company representative told a parliamentary hearing on Friday. Meta's regional policy director Mia Garlick told lawmakers «all options are on the table» when asked if the company would block Australians from sharing news content to avoid paying fees.

Taiwanese at a villa in Bali over alleged cyber fraud, authorities said Friday. The proliferation of cyber fraud groups in Southeast Asia has become a growing concern in recent years, and authorities in countries including China, Indonesia and Malaysia have stepped up efforts to stop them.

Vivek Jain, Head of Investments, Policybazaar.com, says if you are still below 40, you can go for a market-linked retirement plan because your risk appetite is higher and you have a longer horizon. Hopefully, you will get good returns if you stay in the stock market you have for 20-odd years. But if you are closer to retirement, 50-55 years old, then you should put in most of your savings in a guaranteed kind of pension plan. Retirement is a very crucial goal for a lot of us, we have seen that more than planning it in an investment-based way, a lot of people prefer buying retirement products from life insurance. Typically what are those products that we are talking about? We will get into the aspect where we can discuss if it is better than any other investment avenue.

«I would say at this point, wait. I know I think markets will react as they are, markets will just be markets and throw volatility at you just to excite you all the time. But I think at some point, we got to wait to get some reaction from the companies and see some numbers in the results,» says Deepak Shenoy, Founder, Capital Mind. Just wanted to get your views on the IT sector that we are trying to get the conversation going with. What is the view? Deepak Shenoy: So, I think we will wait for results. Basically, because the problem right now that you are seeing in the IT sector is that you are not really sure of the spends that are happening abroad. And a lot of places you are having issues, specifically in Japan and in Europe, you are having a different, more recessionary impulse there. America, you are having a different situation where spending has actually slowed down quite a bit and then they are not actually giving you big deals.

online gaming platforms is acting as a driver of illegal betting and gambling activity in India which is expected to grow at 30% in coming years, according to a new study. According to Delhi-based policy think tank Centre for Knowledge Sovereignty (CKS), in India, despite regulatory restrictions, the illegal better market receives an estimated $100 billion per annum in deposits.

semiconductor design company Synopsys will help Tata Electronics ramp up designing of custom semiconductor products, help in factory automation, data analytics, computer-aided design and supply product design kits, and develop intellectual property for chip fabrication, chief executive Sassine Ghazi told ET. Ghazi met Tata Electronics CEO Randhir Thakur and Tata Sons chairman N Chandrasekaran in Mumbai. He also held talks with Ola Cabs chief Bhavish Aggarwal in Bengaluru.

wax statue of Abraham Lincoln simply melted down due to this heat that somehow made Lincoln slump into his chair, pictures and video of which instantaneously started pouring in on social media, while netizens claiming that this was the perfect visual depiction of the heatwave rampaging across the country, says a USA Today report.

An Arkansas community is trying to fill the void left by the temporary closure of its only grocery store, the site of a mass shooting that killed four

CBI arrested two individuals — Manish Kumar and Ashutosh Kumar — from Patna. The agency has registered six FIRs in the NEET paper leak case. According to people in the know, the two accused allegedly provided safe premises to aspirants before the exam. The aspirants were given leaked papers and answer keys. People quoted above said that Manish allegedly facilitated students' transportation in his car and is suspected of taking them to an empty school, where at least two dozen aspirants were given the leaked paper. Co-accused Ashutosh allegedly provided lodging for students at his residence. The duo was called for questioning on Thursday after which they were arrested.

₹1.12 lakh crore, compared to ₹1.04 lakh crore in FY 2022-23. The budget for FY2023-24 earmarked ₹68,804 crore for school education, ₹44,094.62 crore for higher education, and ₹37,453 crore for the Samagra Shiksha Abhiyan (SSA).

Income Tax Department has recently started providing you with an elaborate annual information statement (AIS). The AIS has widely expanded the scope of data available to you. The AIS contains data about various specified financial transactions carried out by you during the year, like property purchase and sale, transactions in shares and mutual funds, bank fixed deposits, credit card payments, amounts deposited in our bank account, saving bank interest, etc.

A new scientific paper on failure may have succeeded in offering the most depressing opening line in the history of scientific papers: “Is there anything failure does not ruin? It destroys reputations, careers, and families; economic prospects, political prospects, and social ones." That’s perhaps a useful corrective to all the graduation speakers, motivational gurus, and TED-talk-giving experts who glibly recount how they persisted, failure after failure, on the way to success. It’s easy to forget that many more people fail at least as many times and never achieve their goal. There are many more frustrated authors than best-selling ones, failed entrepreneurs than self-made billionaires, and actor-baristas than bona fide movie stars.

SoftBank Group Corp.’s Vision Fund 2 is investing in US artificial intelligence startup Perplexity AI at a $3 billion valuation, Masayoshi Son’s latest bet on a sector he deems crucial to securing his legacy. SoftBank will invest between $10 million and $20 million in the firm, which aims to use AI to compete with Alphabet Inc.’s Google search, according to people familiar with the matter. It’s investing as part of a larger $250 million funding round that triples Perplexity’s valuation and makes it one of the industry’s most highly valued companies.

centre of excellence to work on research and development in digital public infrastructure (DPI) and digital public goods (DPG), people in the know told ET. “There are a lot of applications in the DPI space built on top of the protocols developed by both the public and private sectors. What is needed now is participation from universities and colleges, research institutes and academics on various innovations that can be done in the existing models,” an official said.

Aris Infra, a technology-driven construction material procurement platform, is looking to raise Rs 600-700 crore through an initial public offering (IPO). The Mumbai-based company is backed by high-net-worth individuals (HNIs) and family offices such as PharmEasy CEO Siddharth Shah, San Francisco-based Think Investments, and partners from private equity firms such as TPG Capital, Temasek, and BlackRock.

1mg has secured board approval for a major offline expansion to be financed through debt, while the group’s egrocer, BigBasket, will go for an equity and debt mix of $80-100 million, multiple people aware of the plans said. The two biggest assets at Tata Digital will increase reliance on debt capital to fuel expansion this financial year after parent Tata Sons’ nudge, they said. This is a significant change in stance for the salt-to-software conglomerate that has deployed over $2 billion over the past two years into superapp Neu and the businesses on it.

Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company to surpass that level as optimism around artificial intelligence and potential interest rate cuts this year drove demand for technology-related stocks. The stock rose 3.4% to $192.70, giving the e-commerce giant a market value of over $2 trillion and putting it in the same club as technology heavyweights Microsoft Corp, Apple Inc, Nvidia Corp and Alphabet.

A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations

Charitable giving dropped 2.1% in 2023 after inflation, according to the most recent Giving USA report, the key findings of which were released Tuesday

Creatio, a low-code software platform for customer relationship management that competes with tech giant Salesforce, has secured $200 million in a new funding round that boosts its valuation to $1.2 billion, the company said on Wednesday. The funding, led by Sapphire Ventures, came after Creatio's revenue increased at 50% annually for a few years.

Nikesh Arora, CEO and Chairman of Palo Alto Networks, is the only Indian-American to make it to the list of the top 10 highest-paid CEOs in the United States. According to a report from data analytics firm C-Suite Comp, Arora is ranked 10th on the list of highest-earning CEOs. The report featured two lists based on different metrics: «total compensation granted» in 2023 and «compensation actually paid.» Sundar Pichai of Google and Satya Nadella of Microsoft, despite their prominent positions and successful years, did not appear on either list. Nikesh Arora’s Earnings in 2023