Monday, 4 October 2021

NFT sales surge to $10.7 billion in Q3 as crypto asset frenzy hits new highs

Surging sales and hefty prices on NFTs—items which do not physically exist—have baffled many but the explosive growth shows no sign of abating. The third-quarter figure was up from $1.3 billion in Q2 and $1.2 billion in Q1

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Tesla ordered to pay over $130 million to Black former worker over racism

The jury determined that the company failed to take reasonable steps to prevent Diaz, a contract worker who worked as an elevator operator at Tesla's Fremont factory in 2015 and 2016, from being racially harassed.

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Facebook, Instagram and Whatsapp back after outage, firm cites faulty configuration change as root cause



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Facebook says root cause of outage was faulty configuration change

"Our engineering teams have learned that configuration changes on the backbone routers that coordinate network traffic between our data centers caused issues that interrupted this communication," Facebook said

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Paytm courts Swiss insurer; Info Edge cofounder on startup IPOs

Paytm has been waiting for more than a year for regulators to approve its acquisition of general insurance firm Raheja QBE. Now, it is on the verge of bringing on board a Swiss veteran of the insurance business as a strategic partner.

from Tech-Economic Times https://ift.tt/3AeCdBs

Rishi Navani's Epiq Capital targets $150 million second fund amid frenetic tech dealmaking

After having backed companies like eyewear retailer Lenskart, news aggregation platform Dailyhunt, and health and fitness startup Curefit from its $100 million Fund-I, Epiq is eyeing domestic capital for its new vehicle.

from Tech-Economic Times https://ift.tt/3BdI4rZ

Startups going public will turn profitable in three years, says Sanjeev Bikhchandani

Bikhchandani, who still owns more than 15% in Zomato after its initial public offering (IPO), said his company, Info Edge, will continue to remain a long-term investor in the startups it is backing.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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