29 Apr 2020

1. Investors, startup founders in India pool $13M to fund projects that fight coronavirus The investors said they have contributed 1 billion Indian rupees — or $13 million — of their own money to the ACT Grants initiative, which was unveiled late last month. The group — which includes…

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20 Apr 2020
Uber says Levandowski is on his own for $180 million to Google

1. Uber says Levandowski is on his own for $180 million to Google Uber Technologies Inc. says a guilty plea by its former star engineer is proof that he’s a liar — and supports its decision to make Anthony Levandowski alone shoulder a $180 million legal award Google won…

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20 Mar 2020
WhatsApp for virus info blitz

1. TikTok donates $3 million to Arnold Schwarzenegger’s charity feeding kids affected by school closures The social media giant TikTok said that it would donate $3 million to After–School All-Stars, a charity founded by actor and former California Governor Arnold Schwarzenegger, to feed families whose food security was affected…

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13 Mar 2020
Flipkart asks employees to work from home

1. Airtel acquires stake in fitness startup Spectacom Global Telecom major Bharti Airtel on Thursday said it has acquired a strategic stake in Spectacom Global under its Airtel Startup Accelerator Program that supports early-stage startups in India. The company, however, did not disclose the quantum of stake picked and…

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05 Mar 2020

1. SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally4 Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability. The latest round of job cuts would reduce Oyo’s headcount to…

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29 Feb 2020

1. Newlab and The Boston Globe team up to launch AI tools startup Applied XLabs Applied XLabs is a new startup building tools that can automate data-gathering for journalists — and eventually, for knowledge workers in other industries. The company is emerging from Brooklyn-based Newlab, with The Boston Globe…

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24 Feb 2020

1. Intuit close to buying personal finance firm Credit Karma for $7B Business and financial software company Intuit Inc. is nearing an agreement to acquire personal finance company Credit Karma Inc. for $7 billion, according to a report from The Wall Street Journal Saturday. The deal is said to…

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14 Feb 2020

1. Tesla plans to raise $2B in the stock offering Tesla Inc made an about-turn on Thursday by announcing plans to raise $2 billion in a stock offering as the electric-car maker taps into an astronomical jump in its share price in the past few months. Chief executive Elon…

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08 Feb 2020

1. Over 4.5L card records from India uploaded on Darknet A database containing more than 450,000 payment card details of Indian banks has been uploaded on to the darknet, Singapore-based cybersecurity company Group-IB has revealed. The entire database has 461,976 payment card records, of which 98% belong to large…

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24 Jan 2020
Social Media Analytics

1. SEBI To Use Social Media Analytics, Tools To Track Fraudulent Activities The statement came after SEBI had reportedly said in November 2019 that it will be spending INR 500 Cr to upgrade its IT infrastructure with its own private cloud systems and technology integration. The market regulatory body…

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