Friday, 3 December 2021

Curefit raises $145 million in funding round led by Zomato

Zomato infused $100 million in Curefit, as part of its broader strategy to invest $1 billion in young firms. Cofounder and Tata Digital President Mukesh Bansal put in $5 million.

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SoftBank biggest foreign investor in India, funding 10% of all unicorns: Masayoshi Son

SoftBank is among the most bullish investors in Indian startups having backed large startups like Paytm, Ola, Grofers, Oyo and others.

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Citigroup applies for China securities license

Citigroup intends to hire around 100 people in mainland China in the next two years to support its expansion onshore, the report said.

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SoftBank Group shares slide 3% after Didi, Arm, Grab triple setback

SoftBank's shares fell to as low as 5,423 yen ($47.89) on Friday, before settling slightly higher but with losses of 23% over three weeks.

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Metaverse won't be turning point in cryptocurrency adoption, investor Frederic Chesnais says

Frederic Chesnais said that the mainstream adoption of cryptocurrencies will be driven by the more than one billion people globally who do not have access to a bank account because they may not have an address or an official identity.

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Thursday, 2 December 2021

Nvidia-Arm deal, worth over $80 billion, faced threat of US FTC lawsuit

The US Federal Trade Commission has sued to block the Nvidia-Arm deal, saying that it would give the US firm control over computing technology and designs that competitors rely on to develop their own competing chips.

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Elon Musk exercises more options, sells Tesla shares worth $1.01 billion

Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.

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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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