Category: Technology
T.R.B. Rajaa: Tamil Nadu committed to $6 billion in investment for electric vehicles sector: TN minister T.R.B. Rajaa
[ad_1] Tamil Nadu is committed to securing $6 billion in investments and creating 1.5 lakh new employment opportunities within the Electric Vehicles sector over the next five years, said T.R.B. Rajaa, Tamil Nadu Minister for Industries, Investment Promotion, and Commerce. He added that the state government had launched the revised “Tamil Nadu Electric Vehicles Policy ...
binance: Binance under investigation in France for illegal canvassing: report
[ad_1] Binance, the largest cryptocurrency exchange, is under preliminary investigation by the Paris prosecutors office for both illegal canvassing of clients and aggravated money-laundering, French daily Le Monde reported on Friday. “In France, on-site visits by regulators and inspectors are part of regulatory obligations to which all financial institutions must adhere. We had an on-site ...
xi jinping bill gates meeting: I hope US-China friendship will continue: China’s Xi Jinping tells Bill Gates
[ad_1] Xi Jinping called Bill Gates “an old friend” and said he hoped they could carry out activities together beneficial to both China and the United States, in the Chinese president’s first meeting with a foreign entrepreneur in years. In a meeting at Beijing’s Diaoyutai state guesthouse, where China’s leaders have historically received senior foreign ...
oracle layoffs: Oracle cuts hundreds of jobs, rescinds job offers in its health unit: report
[ad_1] Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar with the matter. The layoffs follow thousands of cuts in corporate America as companies wrestle with elevated levels of inflation and rising interest rates. Oracle’s ...
new york: CoinEx accepts New York ban, to pay $1.8 million to resolve attorney general lawsuit
[ad_1] CoinEx agreed to pay $1.8 million and be banned from operating in New York to settle state Attorney General Letitia James‘ lawsuit accusing the cryptocurrency exchange of operating illegally because it failed to register with the state. A proposed settlement was filed on Wednesday in a New York state court in Manhattan, and requires ...
anil goteti: Ex-Flipkart senior executive Goteti starts up again with travel fintech Scapia
[ad_1] Flipkart veteran Anil Goteti has embarked on a fintech venture. Scapia, which features a credit card and an app, allows customers to earn points earned on card spends to be redeemed for flights and hotel stays worldwide. The card, introduced in partnership with Federal Bank and based on the VISA network, can be used ...
bain capital: Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
[ad_1] Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management company at 2.9 billion Swiss francs ($3.21 billion), Bain said on Thursday. In its response, SoftwareOne board, said the offer “materially undervalues” the company and was not in its best interest or that of the majority of its ...
tiktok southeast asia investment: TikTok to invest billions of dollars in Southeast Asia: CEO Shou Zi Chew
[ad_1] Short video app TikTok plans to invest billions of dollars in Southeast Asia over the next few years, its chief executive officer Shou Zi Chew said on Thursday. Chew said at an event held in Indonesia that TikTok’s content is becoming more diversified as it adds more users and expands into ecommerce. TikTok is ...
microsoft: Microsoft, Activision ask judge for speedy schedule in FTC challenge
[ad_1] Microsoft and Activision Blizzard asked a US judge on Wednesday to quickly schedule a case management conference in the Federal Trade Commission‘s legal bid to block the companies from completing a $69 billion tie-up. US District Judge Edward Davila on Tuesday set a June 22-23 evidentiary hearing and temporarily blocked the parties from completing ...
tech mahindra: Tech Mahindra US subsidiary must face claims of bias against non-South Asian workers
[ad_1] A US appeals court on Wednesday revived a lawsuit by a white former employee of IT services company Tech Mahindra Ltd‘s US subsidiary, alleging that the company discriminates against non-South Asian workers. A unanimous three-judge panel of the 3rd US Circuit Court of Appeals said the judge who dismissed Lee Williams’ 2020 proposed class ...