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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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Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
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LG Electronics Targets $77 Billion Sales by 2030, Aims to Enter List of Top 10 Global Vehicle Component Firms
LG Electronics said on Wednesday it is targeting $77 billion (roughly Rs. 6,33,791 crore) in sales by 2030 and plans some KRW 50 trillion (roughly Rs. 3,19,007 crore) of investment as the South Korean company announced its future strategy. It plans to become a global top 10 company in vehicle components by more than doubling revenue to KRW 20 trill...
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Elon Musk's Twitter Puts Temporary Limit on Number of Tweets: Here's What It Means
Elon Musk's Twitter has put a temporary limit on the number of tweets that users can see each day, a move that has sparked some backlash and could undermine the social network's efforts to attract advertisers. The limit, imposed to "address extreme levels of data scraping and system manipulation", is the latest change by Twitter, which was last yea...
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Binance Faces Weeks of Challenges After Collapse of Rival Crypto Exchange FTX : All Details
Binance, the world's largest crypto exchange, has faced weeks of challenges after its rival FTX collapsed last month, eroding trust in the crypto sector. From customers withdrawing a total of over $6 billion (roughly Rs. 48,000 crore) to the possibility of CEO Changpeng Zhao facing money-laundering and sanctions-busting charges, Binance has had a b...
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UPI Daily Transactions Expected to Cross 1 Billion-Mark in Next 5 Years: Nirmala Sitharaman
The Unified Payments Interface-based transaction is expected to reach one billion per day in the next five years, stated Union Finance Minister Nirmala Sitharaman on Tuesday while addressing an event. She stated that the data released by NPCI shows that UPI reported 6.28 billion transactions worth Rs. 10.62 trillion (nearly Rs. 11,00,000 crore) in ...
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US To Announce $3 Billion In Military Aid To Ukraine As War Hits 6 Months
The United States will announce $3 billion in fresh military aid to Kyiv on Wednesday as Ukraine marks its independence day as well as the six-month anniversary of the Russian invasion.
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UPI Clocks Over 6 Billion Transactions in July, Highest Ever Since 2016
Unified Payments Interface (UPI) has clocked over 6 billion transactions in July, the highest ever since its inception in 2016. PM Narendra Modi lauded the outstanding accomplishment. Month-on-month, the volume of transactions was up 7.16 per cent and the value increased by 4.76 percent. Over the past four years, digital payment transactions have g...
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Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk
Twitter's shares rose about 6 percent to $35.90 (nearly Rs. 2,900) after Hindenburg Research took a long position in Twitter shares, a day after the company sued Elon Musk for violating his $44 billion deal (roughly Rs. 3,50,290 crore) and asked a Delaware court to order him to complete the merger at the agreed $54.20 (roughly Rs. 4,300) per Twitte...
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Twitter Shares Slide About 6 Percent as Elon Musk’s Suspended Deal Reaches Legal Tussle
Twitter shares fell about 6 percent on Monday as a legal tussle between Elon Musk and the social media company is expected to take place soon. Musk, CEO of Tesla and SpaceX, walked away from the $44 billion (roughly Rs. 3,49,400 crore) deal on Friday. Twitter is said to be planning to sue Musk by this week and force him to complete the acquisitio...
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Sequoia Capital Launches Two New Funds With Web 3 Investments Part of Its Focus
Sequoia India and Sequoia Southeast Asia raised $2.85 billion (roughly Rs. 22,140 crore) across three funds to continue financing entrepreneurs in the region. Sequoia is introducing a specific Southeast Asian fund worth $850 million (roughly Rs. 6,603 crore) for the first time, while the Indian venture and growth funds will receive $2 billion (roug...
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IPL Media Rights Auction Spills Over To Day 3
The media rights auction for the world's richest cricket league, which has media giants like Disney and Sony Corp vying for broadcast rights that could fetch India's cricket board upwards of $6 billion, has spilled over into the third day.
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Disney+ Hotstar April 2022: Kaun Pravin Tambe?, Death on the Nile, IPL, and More
Kaun Pravin Tambe?, Death on the Nile, IPL 2022, Snowdrop, Moon Knight, MasterChef Australia season 14, Grey’s Anatomy season 18, Taanakkaran, This Is Us season 6, Billions season 6, The Simpsons season 33, The King’s Man, Nightmare Alley, Women’s Cricket World Cup Final — the biggest movies, TV series, and sports on Disney+ Hotstar in Apri...
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Pak PM, His Wife Received Bribes Over $3 Billion: Nawaz Sharif's Daughter
Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz on Saturday accused Prime Minister Imran Khan and his wife Bushra Bibi of receiving bribes to the tune of PKR 6 billion, terming it as a "mother of all scandals."
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NASA's Hubble Space Telescope Finds 6 Early, 'Dead' Galaxies That Ran Out of Cold Hydrogen
NASA's Hubble Space Telescope has discovered six early galaxies that were "dead" when the universe was about 3 billion years old.
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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).
-
Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
-
LG Electronics Targets $77 Billion Sales by 2030, Aims to Enter List of Top 10 Global Vehicle Component Firms
LG Electronics said on Wednesday it is targeting $77 billion (roughly Rs. 6,33,791 crore) in sales by 2030 and plans some KRW 50 trillion (roughly Rs. 3,19,007 crore) of investment as the South Korean company announced its future strategy. It plans to become a global top 10 company in vehicle components by more than doubling revenue to KRW 20 trill...
-
Elon Musk's Twitter Puts Temporary Limit on Number of Tweets: Here's What It Means
Elon Musk's Twitter has put a temporary limit on the number of tweets that users can see each day, a move that has sparked some backlash and could undermine the social network's efforts to attract advertisers. The limit, imposed to "address extreme levels of data scraping and system manipulation", is the latest change by Twitter, which was last yea...
-
Binance Faces Weeks of Challenges After Collapse of Rival Crypto Exchange FTX : All Details
Binance, the world's largest crypto exchange, has faced weeks of challenges after its rival FTX collapsed last month, eroding trust in the crypto sector. From customers withdrawing a total of over $6 billion (roughly Rs. 48,000 crore) to the possibility of CEO Changpeng Zhao facing money-laundering and sanctions-busting charges, Binance has had a b...
-
UPI Daily Transactions Expected to Cross 1 Billion-Mark in Next 5 Years: Nirmala Sitharaman
The Unified Payments Interface-based transaction is expected to reach one billion per day in the next five years, stated Union Finance Minister Nirmala Sitharaman on Tuesday while addressing an event. She stated that the data released by NPCI shows that UPI reported 6.28 billion transactions worth Rs. 10.62 trillion (nearly Rs. 11,00,000 crore) in ...
-
US To Announce $3 Billion In Military Aid To Ukraine As War Hits 6 Months
The United States will announce $3 billion in fresh military aid to Kyiv on Wednesday as Ukraine marks its independence day as well as the six-month anniversary of the Russian invasion.
-
UPI Clocks Over 6 Billion Transactions in July, Highest Ever Since 2016
Unified Payments Interface (UPI) has clocked over 6 billion transactions in July, the highest ever since its inception in 2016. PM Narendra Modi lauded the outstanding accomplishment. Month-on-month, the volume of transactions was up 7.16 per cent and the value increased by 4.76 percent. Over the past four years, digital payment transactions have g...
-
Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk
Twitter's shares rose about 6 percent to $35.90 (nearly Rs. 2,900) after Hindenburg Research took a long position in Twitter shares, a day after the company sued Elon Musk for violating his $44 billion deal (roughly Rs. 3,50,290 crore) and asked a Delaware court to order him to complete the merger at the agreed $54.20 (roughly Rs. 4,300) per Twitte...
-
Twitter Shares Slide About 6 Percent as Elon Musk’s Suspended Deal Reaches Legal Tussle
Twitter shares fell about 6 percent on Monday as a legal tussle between Elon Musk and the social media company is expected to take place soon. Musk, CEO of Tesla and SpaceX, walked away from the $44 billion (roughly Rs. 3,49,400 crore) deal on Friday. Twitter is said to be planning to sue Musk by this week and force him to complete the acquisitio...
-
Sequoia Capital Launches Two New Funds With Web 3 Investments Part of Its Focus
Sequoia India and Sequoia Southeast Asia raised $2.85 billion (roughly Rs. 22,140 crore) across three funds to continue financing entrepreneurs in the region. Sequoia is introducing a specific Southeast Asian fund worth $850 million (roughly Rs. 6,603 crore) for the first time, while the Indian venture and growth funds will receive $2 billion (roug...
-
IPL Media Rights Auction Spills Over To Day 3
The media rights auction for the world's richest cricket league, which has media giants like Disney and Sony Corp vying for broadcast rights that could fetch India's cricket board upwards of $6 billion, has spilled over into the third day.
-
Disney+ Hotstar April 2022: Kaun Pravin Tambe?, Death on the Nile, IPL, and More
Kaun Pravin Tambe?, Death on the Nile, IPL 2022, Snowdrop, Moon Knight, MasterChef Australia season 14, Grey’s Anatomy season 18, Taanakkaran, This Is Us season 6, Billions season 6, The Simpsons season 33, The King’s Man, Nightmare Alley, Women’s Cricket World Cup Final — the biggest movies, TV series, and sports on Disney+ Hotstar in Apri...
-
Pak PM, His Wife Received Bribes Over $3 Billion: Nawaz Sharif's Daughter
Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz on Saturday accused Prime Minister Imran Khan and his wife Bushra Bibi of receiving bribes to the tune of PKR 6 billion, terming it as a "mother of all scandals."
-
NASA's Hubble Space Telescope Finds 6 Early, 'Dead' Galaxies That Ran Out of Cold Hydrogen
NASA's Hubble Space Telescope has discovered six early galaxies that were "dead" when the universe was about 3 billion years old.
