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PLASTIC EVENTS 2022

Polyestertime

Solvay and Carbios demonstrate enzymatic depolymerization in PET-PVDC barrier film 30-04-2022-min

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Crypto exchange FTX in discussion to acquire stake in BlockFi: report June 25, 2022
The companies had previously announced on Tuesday that BlockFi had signed a term sheet with FTX for a $250 million revolving credit facility, which will give BlockFi crucial access to capital amid a rout in the digital currency market.
Senators seek update on US security review of TikTok June 25, 2022
The senators want to know "will TikTok be locally managed in the United States?" and "Will the U.S. government have the ability to routinely access and inspect the algorithm's source code?" It also asks "what assurances does the U.S. government have that TikTok will store U.S. data and adopt privacy policies with adequate protections?"
PhonePe's loss drops marginally to Rs 1,728 crore in FY21 June 25, 2022
Digital payments firm PhonePe’s revenue from operations was Rs 690 crore in FY21, from Rs 371.7 crore in the previous fiscal year.
Is crypto at the end of its tether? June 25, 2022
Crypto is having a nightmare in 2022, it’s safe to say, but things could get even worse. That’s because a tether, a lynchpin of crypto trading, has come under increasing scrutiny and shown signs of weakness in recent months.
Metaverse crimes challenging, say legal experts June 25, 2022
Goldman Sachs predicts the Metaverse market size will be worth $1-12 trillion, while not specifying a time period for the same.
Ola shuts down used cars business, food delivery service to focus on EVs June 24, 2022
In an official response, the company spokesperson confirmed the development and said, Ola has reassessed its priorities and decided to shut down the quick commerce business. The Ola Cars infrastructure, technology and capabilities will now “be repurposed towards growing our Ola Electric sales and service network,” the spokesperson said.
Edtech unicorn Unacademy’s consolidated loss widens to Rs 1,474 crore in FY21 June 24, 2022
Unacademy's revenue from operations rose to Rs 337 crore in FY21 from Rs 65 crore in the previous fiscal year.
Blinkit acquisition to add significant addressable market for Zomato: CEO Deepinder Goyal June 24, 2022
Blinkit’s proprietary tech platform, the scale of business, and relationships with third-party brands and sellers are key to Zomato.
Vedantu’s consolidated net loss widens to Rs 604.28 crore in FY21 June 24, 2022
The Tiger Global-backed startup’s employee benefit expenses increased by 4.6 times to Rs 407.4 crore in FY21 against Rs 88.3 crore in FY20, , according to filings sourced from business intelligence platform Tofler.
Private 5G networks will enable 'hero' uses of the technology, says Intel India head June 24, 2022
The remarks have come at a time when telecom operators and technology companies are at loggerheads over the government’s approval for a policy that enables non-telecom companies to purchase non-public captive or private 5G networks.

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