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US Couple Masterminds $1 Million Shoplifting Scheme Targeting Lululemon Stores Across States
A Connecticut couple is accused of running a large-scale theft ring targeting Lululemon stores across multiple states, causing losses of nearly $1 million.
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Earth's Biodiversity Crisis: 1 Million Species Face Extinction
Over a quarter of plants and animals assessed on the International Union for Conservation of Nature's Red List of threatened species risk extinction.
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India Announces $1 Million Relief Assistance For Landslide-Hit Papua New Guinea
The landslide in Enga Province buried hundreds of people and caused major destruction and loss of life.
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FBI Issues Warning on Surge in Crypto Investment Scams, Reports 53 Percent Increase Over the Past Year
Crypto investment scams rose substantially last year. The FBI said it received 8,80,400 financial scam complaints last year with the amount of loss coming close to $12.5 billion (roughly Rs. 1,03,428 crore).
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Web3 Firm Mixin Network Hacked, $200 Million Stolen in Centralised Exploit: All Details
Mixin Network has lost $200 million (roughly Rs. 1,662 crore) from its account in a mega hack attack. Feng Xiaodong, the founder of Mixin Network, addressed the incident on September 24 in a live stream and assured community members that possible solutions are being discussed.
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Telecom Subscriber Base in India Grew Marginally to 1,173.89 Million at June End: TRAI
Telecom subscriber base in the country grew marginally to 1,173.89 million at the end of June on account of new customer additions led by Reliance Jio, sector regulator TRAI said on Thursday. The subscriber base growth was driven by mobile telephony where Reliance Jio added over 2.27 million new customers and Bharti Airtel added 1.4 million custom...
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Sequoia Capital Downsizes Crypto-Focussed Fund by 65 Percent Amid Market Slump: Report
Sequoia Capital is supposedly reducing its crypto fund by a whopping 65 percent. The US-headquartered venture crypto fund was valued at $585 million (roughly Rs. 4,813 crore) at the time of its launch in February this year. Its decision to cut down on this funding leaves the capital pool with just $200 million (roughly Rs. 1,645 crore).
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Spotify Beats Expectations to Cross 500 Million User Mark as First Quarter Loss Widens
Spotify on Tuesday stated that it had 515 million monthly active users on the platform in March, while the number of paying subscribers rose to 210 million. The music streaming service said it had posted its "strongest" first quarter "since going public in 2018," even as the firm's operating loss widened in the first quarter of 2023.
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Reliance Jio, Airtel Mobile Users Tally Increased in November, While Vodafone Idea Faces Loss: TRAI
Reliance Jio, Bharti Airtel cumulatively gained nearly 25 lakh mobile subscribers in November, while Vodafone Idea lost nearly 18.3 lakh customers, according to TRAI data. Reliance Jio cemented its lead in the market adding 14.26 lakh net subscribers in November, whereas Airtel added 10.56 lakh users. The top five service providers constituted over...
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FTX Bankruptcy Hearing: Sam Bankman-Fried Ran Crypto Firm as 'Personal Fiefdom', Assets Missing, Attorneys Say
FTX CEO Sam Bankman-Fried ran the crypto firm as a "personal fiefdom", argued attorneys for the collapsed crypto exchange said in its first bankruptcy hearing on Tuesday. The firm's lawyers said that the company now intends to sell off healthy business units, but has been the subject of cyberattacks and had "substantial" assets missing.
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Elon Musk’s Tesla Retains $218 Million BTC Holdings for 2022 Third Quarter
Elon Musk’s EV company Tesla has retained its Bitcoin holdings in the third quarter of 2022. In terms of Bitcoin, the EV company is projected to hold around 9,720 Bitcoin units at present. For the third quarter, Tesla said it has clocked $3.3 billion (roughly Rs. 27,306 crore) attaining revenues of $21.45 billion (roughly Rs. 1,77,493 crore).
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Crypto Losses Jumped Nearly 60 Percent in the First 7 Months of the Year: Chainalysis
Losses arising from cryptocurrency hacks jumped nearly 60 percent in the first seven months of the year to $1.9 billion (roughly Rs. 15,070 crore), propelled by a surge in funds stolen from decentralised finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. The firm noted that the trend is...
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Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
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Baidu Exceeds Quarterly Revenue Estimates as Demand for AI, Cloud Products Boosted
China's search engine giant Baidu has surpassed quarterly revenue estimates on Thursday. The resurgence of COVID-19 in China resulted in boosting demand for its cloud, artificial intelligence (AI) products.
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Bridgerton Season 2 Becomes Netflix’s Most-Watched English-Language Series
Bridgerton season 2 — Netflix’s hit period drama series — has surpassed its season one to become the most watched English-language series on the streaming service. The Tinder Swindler, based on Israeli conman Simon Leviev, has become Netflix’s most watched documentary till date. Bridgerton season 2 is still a far cry from the numbers posted...
-
US Couple Masterminds $1 Million Shoplifting Scheme Targeting Lululemon Stores Across States
A Connecticut couple is accused of running a large-scale theft ring targeting Lululemon stores across multiple states, causing losses of nearly $1 million.
-
Earth's Biodiversity Crisis: 1 Million Species Face Extinction
Over a quarter of plants and animals assessed on the International Union for Conservation of Nature's Red List of threatened species risk extinction.
-
India Announces $1 Million Relief Assistance For Landslide-Hit Papua New Guinea
The landslide in Enga Province buried hundreds of people and caused major destruction and loss of life.
-
FBI Issues Warning on Surge in Crypto Investment Scams, Reports 53 Percent Increase Over the Past Year
Crypto investment scams rose substantially last year. The FBI said it received 8,80,400 financial scam complaints last year with the amount of loss coming close to $12.5 billion (roughly Rs. 1,03,428 crore).
-
Web3 Firm Mixin Network Hacked, $200 Million Stolen in Centralised Exploit: All Details
Mixin Network has lost $200 million (roughly Rs. 1,662 crore) from its account in a mega hack attack. Feng Xiaodong, the founder of Mixin Network, addressed the incident on September 24 in a live stream and assured community members that possible solutions are being discussed.
-
Telecom Subscriber Base in India Grew Marginally to 1,173.89 Million at June End: TRAI
Telecom subscriber base in the country grew marginally to 1,173.89 million at the end of June on account of new customer additions led by Reliance Jio, sector regulator TRAI said on Thursday. The subscriber base growth was driven by mobile telephony where Reliance Jio added over 2.27 million new customers and Bharti Airtel added 1.4 million custom...
-
Sequoia Capital Downsizes Crypto-Focussed Fund by 65 Percent Amid Market Slump: Report
Sequoia Capital is supposedly reducing its crypto fund by a whopping 65 percent. The US-headquartered venture crypto fund was valued at $585 million (roughly Rs. 4,813 crore) at the time of its launch in February this year. Its decision to cut down on this funding leaves the capital pool with just $200 million (roughly Rs. 1,645 crore).
-
Spotify Beats Expectations to Cross 500 Million User Mark as First Quarter Loss Widens
Spotify on Tuesday stated that it had 515 million monthly active users on the platform in March, while the number of paying subscribers rose to 210 million. The music streaming service said it had posted its "strongest" first quarter "since going public in 2018," even as the firm's operating loss widened in the first quarter of 2023.
-
Reliance Jio, Airtel Mobile Users Tally Increased in November, While Vodafone Idea Faces Loss: TRAI
Reliance Jio, Bharti Airtel cumulatively gained nearly 25 lakh mobile subscribers in November, while Vodafone Idea lost nearly 18.3 lakh customers, according to TRAI data. Reliance Jio cemented its lead in the market adding 14.26 lakh net subscribers in November, whereas Airtel added 10.56 lakh users. The top five service providers constituted over...
-
FTX Bankruptcy Hearing: Sam Bankman-Fried Ran Crypto Firm as 'Personal Fiefdom', Assets Missing, Attorneys Say
FTX CEO Sam Bankman-Fried ran the crypto firm as a "personal fiefdom", argued attorneys for the collapsed crypto exchange said in its first bankruptcy hearing on Tuesday. The firm's lawyers said that the company now intends to sell off healthy business units, but has been the subject of cyberattacks and had "substantial" assets missing.
-
Elon Musk’s Tesla Retains $218 Million BTC Holdings for 2022 Third Quarter
Elon Musk’s EV company Tesla has retained its Bitcoin holdings in the third quarter of 2022. In terms of Bitcoin, the EV company is projected to hold around 9,720 Bitcoin units at present. For the third quarter, Tesla said it has clocked $3.3 billion (roughly Rs. 27,306 crore) attaining revenues of $21.45 billion (roughly Rs. 1,77,493 crore).
-
Crypto Losses Jumped Nearly 60 Percent in the First 7 Months of the Year: Chainalysis
Losses arising from cryptocurrency hacks jumped nearly 60 percent in the first seven months of the year to $1.9 billion (roughly Rs. 15,070 crore), propelled by a surge in funds stolen from decentralised finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. The firm noted that the trend is...
-
Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
-
Baidu Exceeds Quarterly Revenue Estimates as Demand for AI, Cloud Products Boosted
China's search engine giant Baidu has surpassed quarterly revenue estimates on Thursday. The resurgence of COVID-19 in China resulted in boosting demand for its cloud, artificial intelligence (AI) products.
-
Bridgerton Season 2 Becomes Netflix’s Most-Watched English-Language Series
Bridgerton season 2 — Netflix’s hit period drama series — has surpassed its season one to become the most watched English-language series on the streaming service. The Tinder Swindler, based on Israeli conman Simon Leviev, has become Netflix’s most watched documentary till date. Bridgerton season 2 is still a far cry from the numbers posted...
