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PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
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Analysis-'ChatGPT, what stocks should I buy?' AI fuels boom in robo-advisory market  
Analysis-'ChatGPT, what stocks should I buy?' AI fuels boom in robo-advisory market  
Sep 24, 2025
LONDON (Reuters) -As ChatGPT nears its third birthday, at least one in 10 retail investors is using a chatbot to pick stocks, fuelling a boom in the robo-advisory market, but even fans say it is a high-risk strategy that cannot replace traditional advisors just yet.  Thanks to artificial intelligence, anyone can select stocks, monitor them and obtain investment analysis that...
Crude Oil Prices Fall on Expected Weak Winter Demand, Bearish Supply Outlook
Crude Oil Prices Fall on Expected Weak Winter Demand, Bearish Supply Outlook
Sep 25, 2025
05:01 AM EDT, 09/25/2025 (MT Newswires) -- Crude oil prices dropped on Thursday ahead of expected weakness in winter demand and a bearish outlook on supply fundamentals. Brent crude at last look fell 0.7% to US$68.80/barrel and West Texas Intermediate crude lost 0.8% to US$64.47/b. This comes after prices surged to reach their highest since Aug. 1 due to a...
Relentless US stocks rally could teeter on inflation, earnings, valuation risks
Relentless US stocks rally could teeter on inflation, earnings, valuation risks
Sep 25, 2025
NEW YORK (Reuters) -U.S. stocks have hit a string of record highs with minimal turbulence over the past few months, but investors say the rally could be undermined by persistently high inflation, possible earnings disappointments and elevated valuations. The S&P 500 has posted 25 record closing highs over the past three months and the benchmark index is approaching a third...
Wall Street futures flat as caution builds ahead of inflation data
Wall Street futures flat as caution builds ahead of inflation data
Sep 25, 2025
(Reuters) -U.S. stock index futures were little changed on Thursday, pointing to a pause after a record-breaking rally this week as investors awaited fresh catalysts to keep up the momentum in what has been an unusually strong September for markets. The tentative moves reflect a broader sense of caution ahead of Friday's release of the Personal Consumption Expenditures index, the...
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Why DePIN Is Taking Off Now
Why DePIN Is Taking Off Now
Aug 19, 2024
The first wave of DePIN initiatives, around 2019, focused on digital infrastructure, but now we're seeing other types of networks emerging (DePIN stands for decentralized physical infrastructure networks). Projects centered on data or service networks are becoming more common. Ultimately, I classify DePINs as those that 1) use blockchain-based, decentralized coordination to operate infrastructure and 2) rely on or impact...
Fabric, Startup Building 'VPU' Chips for Cryptography, Raises $33M
Fabric, Startup Building 'VPU' Chips for Cryptography, Raises $33M
Aug 19, 2024
Fabric Cryptography, a startup focused on hardware, has raised $33 million in a Series A fundraising round co-led by Blockchain Capital and 1kx. Other participating investors included Offchain Labs, Polygon and Matter Labs. The project previously had raised $6 million in a seed round led by Metaplanet ( FNTZF ). Fabric was founded by MIT and Stanford dropouts Michael Gao...
Understanding Microsoft's Position In Software Industry Compared To Competitors
Understanding Microsoft's Position In Software Industry Compared To Competitors
Aug 19, 2024
In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Microsoft ( MSFT ) in comparison to its major competitors within the Software industry. By analyzing crucial financial metrics, market position, and growth potential, our objective is to provide valuable...
In-Depth Analysis: Taiwan Semiconductor Versus Competitors In Semiconductors & Semiconductor Equipment Industry
In-Depth Analysis: Taiwan Semiconductor Versus Competitors In Semiconductors & Semiconductor Equipment Industry
Aug 19, 2024
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Taiwan Semiconductor against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim to...
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Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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BBC threatens legal action against AI start-up Perplexity over content scraping, FT reports
BBC threatens legal action against AI start-up Perplexity over content scraping, FT reports
Jun 19, 2025
(Reuters) -UK broadcaster BBC is threatening legal action against AI search engine Perplexity, as it seeks to crack down on tech companies scraping its vast content archives to train artificial intelligence models, the Financial Times reported on Friday. Reuters could not immediately verify the report. ...
Fire erupts near Microsoft office in Israel's Beer Sheva, CNN reports
Fire erupts near Microsoft office in Israel's Beer Sheva, CNN reports
Jun 19, 2025
June 20 (Reuters) - Several fires were burning in a street in Israel's southern city of Beer Sheva, close to a tech park that houses a Microsoft ( MSFT ) office, CNN reported on Friday. ...
Australia social media teen ban software trial organisers say the tech works
Australia social media teen ban software trial organisers say the tech works
Jun 19, 2025
SYDNEY (Reuters) -Some age-checking applications collect too much data and no product works 100% of the time, but using software to enforce a teenage social media ban can work in Australia, the head of the world's biggest trial of the technology said on Friday. The view from the government-commissioned Age Assurance Technology Trial of more than 1,000 Australian school students...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
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