K 2022 06-05-2022-min

Technology

Ola plans $500 million IPO, to appoint banks soon April 19, 2024
SoftBank-backed Ola is India's answer to Uber and plans to file papers for approval with the country's market regulator within three months, said the sources, who declined to be named as the matter is confidential.
Dutch privacy watchdog recommends government organisations stop using Facebook April 19, 2024
"People that visit a government's page need to be able to trust that their personal and sensitive data is in safe hands," AP chairman Aleid Wolfsen said in a statement.
Wipro Q4 results; RBI nod for Cred’s payment aggregator biz April 19, 2024
IT services major Wipro saw an 8% fall in its consolidated net profit in the March quarter. This and more in today’s ETtech Top 5.
Agritech startup Ecozen raises $30 million in funding April 19, 2024
The funding was a mix of equity and debt from existing investors. Ecozen has grown fivefold over the past two years, with a 3x increase in profit, the company said. The maker of solar powered cold storage room and pump controllers aims to double its revenue in 2024-25.
How entrepreneurs can leverage AI to maximise the value of their customer interactions April 19, 2024
Sachin Dev Duggal's Builder.ai's ‘Natasha’ sounds like a game-changer in the realm of AI-powered product management tools. Its ability to leverage previous customer interactions to predict future queries and offer insights for handling them could significantly enhance the efficiency of sales and support teams. Moreover, the capability to engage in automated conversations with customers, providing […]
Wipro headcount falls by 9.5% in FY24 April 19, 2024
IT services company Wipro on Friday reported an 8% year-on-year (YoY) fall in consolidated net profit to Rs 2,835 crore for the quarter ended March 2024. It was Rs 3,074 crore in the last year quarter.
Cred receives in-principle approval from RBI for payment aggregator business April 19, 2024
Fintech firm Cred, supported by Peak XV, secures RBI's approval for PA business. Post final nod, it'll expand merchant payments, focusing on credit card bills. Cred collaborates with payment companies, plans QR payments and offline business, aiming for comprehensive user transactions.
Bitcoin's 'halving': what is it and does it matter? April 19, 2024
Bitcoin's halving reduces new bitcoin creation, maintaining scarcity. Analysts predict price falls post-halving due to reduced mining profitability. Market narratives attribute price surges to various factors, with regulators warning of speculative risks.
Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users April 19, 2024
Meta Platforms introduces advanced AI systems, including the Llama 3 model. Despite limitations, the company aims to develop smarter chatbots and envisions AI as the most useful assistant in the world.
OpenAI begins India hiring in bid to shape regulation early April 19, 2024
OpenAI's Pragya Misra will lead Indian government relations amidst Google competition. Altman advocates AI integration in services, emphasizing the need for regulations to prevent harm from advancing technology.

CNN Economy

Goldman Sachs slants research to help Democrats, top White House adviser says October 2, 2018
Kevin Hassett, President Donald Trump's top economic adviser, suggested Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections.
Land O'Lakes CEO Beth Ford, from the cornfield to the C-suite October 1, 2018
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files.
The next big test for Elon Musk arrives this week September 30, 2018
Read full story for latest details.
The next big test for Elon Musk arrives this week September 30, 2018
Read full story for latest details.
CEOs are cashing in on the market boom September 26, 2018
Corporate insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September in the past decade, according to TrimTabs.
General Electric is in a sharp decline September 26, 2018
Read full story for latest details.
Why investors aren't freaking out about inflation September 25, 2018
Read full story for latest details.

CNN MARKETS

Premarket: 7 things to know before the bell October 4, 2018
Read full story for latest details.
Why it's time for investors to go on defense October 4, 2018
Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.
Barnes & Noble stock soars 20% as it explores a sale October 3, 2018
Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.
Aston Martin falls 5% in London IPO October 3, 2018
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.
Honda teams up with GM on self-driving cars October 3, 2018
Read full story for latest details.
Toys 'R' Us brand may be brought back to life October 3, 2018
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.
Tencent Music plans to go public on US exchange October 3, 2018
It dominates the music streaming market in China through its QQ Music, KuGou and Kuwo platforms.

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