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April 25, 2023

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Technology

EU threatens to suspend TikTok Lite app's 'addictive' rewards April 23, 2024
The EU on Monday launched a probe into TikTok's spinoff Lite app and threatened to suspend an "addictive" feature on it that rewards users for watching and liking videos, amid child-safety concerns. TikTok Lite users can win rewards if they log in daily for 10 days, if they spend time watching videos (with an upper […]
Combating OTP frauds; Ather’s new funding round April 23, 2024
Happy Tuesday! The government is working with SBI Card and telecom companies to tackle the menace of OTP-based online payment frauds. More on this in today’s ETtech Morning Dispatch.
Ather eyes new round, Nikhil Kamath buys big part of Sachin Bansal’s holding April 23, 2024
Sources told ET Ather Energy is also in the final stages of plans to raise $75-90 million (about Rs 750 crore) in primary funding from existing investors. This underscores increasing investor interest in the company and the mobility segment. The company is also approaching new investors.
Europe emerges as hotspot for Indian IT M&As, tops buy chart April 23, 2024
Indian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North America, has fueled over a dozen acquisitions since the pandemic.
Govt teams up with SBI Cards, telcos to finish off OTP frauds April 23, 2024
The Centre is trying a solution that will allow banks to track the registered address as well as geolocation of a customer and where an OTP is getting delivered. In case of any discrepancy between the two locations, the customer can be alerted of a possible phishing attack.
VC investment in India doubles to $3.2 billion across 354 deals in March quarter: report April 22, 2024
Fintech attracted investor attention in the country though marked by smaller deal sizes with key transactions such as KreditBee ($209 million), SK Finance ($160 million), and Perfios ($80 million).
Cognizant purchases 25K Copilot Seats from Microsoft April 22, 2024
Besides internal usage, Cognizant will work to deploy Microsoft 365 Copilot to a million users within their global 2000 clients and across 11 industries.
Siemens very bullish on India, says global CEO Roland Busch April 22, 2024
Siemens global CEO Roland Busch said that the Indian government is ‘doing the right things’ and improving infrastructure in areas like logistics and communication.
Paytm Payments Bank board is independent, Paytm CEO Sharma says April 22, 2024
The Reserve Bank of India (RBI) in late January had ordered Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March, citing supervisory concerns and persistent non-compliance with rules.
Exclusive: WeWork Inc to sell entire stake in India unit April 22, 2024
US office sharing company WeWork is selling its 27% stake in the India unit via a secondary deal. We have this evening scoop and more in today’s ETtech Top 5.

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
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The next big test for Elon Musk arrives this week September 30, 2018
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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
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Why investors aren't freaking out about inflation September 25, 2018
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CNN MARKETS

Premarket: 7 things to know before the bell October 4, 2018
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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
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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.