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SoftBank Sells Paytm for $150 Million

In the June quarter (Q1) of the current fiscal year, Japanese tech investor SoftBank reportedly withdrew from the financially troubled fintech major PaytmPaytm Datalabs_in-article-icon at a loss of $150 million.…

BusinessPress
BusinessPress
July 13, 2024

Yoga at Golden Temple: Amritsar Police say an Influencer has Joined the Investigation

The investigation has included fashion designer and lifestyle influencer Archana Makwana, of Vadodara, who was accused of offending Sikh religious sentiments on 21 June by doing yoga at the Golden…

BusinessPress
BusinessPress
July 13, 2024

Elon Musk is Going to Sue the European Commission Over Claims that X Violated the Digital Rulebook

Following the European Commission's preliminary findings, made public on Friday, July 12, accusing social media platform X of violating the Digital Services Act (DSA) due to its policy of verified…

BusinessPress
BusinessPress
July 13, 2024

With Fresh Features and Styles, will Apple Watch Commemorate ten Years

Apple intends to release significant updates to its original smartwatch line, the "Series" models, this autumn as the device approaches its tenth anniversary. According to a Bloomberg report, the upgrades…

BusinessPress
BusinessPress
July 12, 2024

TCS of Indian Reports an 8.7% Increase in Quarterly Profits as Customer Spending Increases

Indian IT behemoth Tata Consultancy Services reported an 8.7% year-over-year increase in net profit for the June quarter on Thursday. This figure matched analyst projections and was driven up by…

BusinessPress
BusinessPress
July 12, 2024

The $4.5 Billion Purchase of Financial Software Rovider Envestnet by Bain Capital

In a $4.5 billion deal, Envestnet will be acquired by private equity firm Bain Capital, the financial software provider announced on Thursday. Based in Berwyn, Pennsylvania, Envestnet provides data for…

BusinessPress
BusinessPress
July 12, 2024

Invesco Lowers Swiggy and Pine Labs’ IPO-bound Valuations

At the end of April 2024, US-based fund manager Invesco reduced the valuations of two portfolio startups on its books: Pine Labs and SwiggySwiggy Datalabs_in-article-icon, which is headed for an…

BusinessPress
BusinessPress
July 11, 2024

Long-term Software Support and Battery Health Engine Technology are Coming to the OnePlus Nord 4

On July 16, the OnePlus Nord 4 is scheduled to debut in India and other international markets. The next Nord phone's design details have been confirmed by the company ahead…

BusinessPress
BusinessPress
July 11, 2024

Livestreamed NATO Summit: Zelenskyy Requests that Allies Remove Restrictions on Strikes in Russia

President of Ukraine Volodymyr Zelenskyy has pleaded with NATO allies to remove the last of the obstacles preventing Ukraine from using force against targets located on Russian soil. With calls…

BusinessPress
BusinessPress
July 11, 2024

On the Eve of the Washington Summit, the Secretary General Joins Allied leaders in Commemorating NATO’s 75th Anniversary

On Tuesday, July 9, 2024, in Washington, D.C., Secretary General Jens Stoltenberg commemorated NATO's 75th anniversary alongside US President Joe Biden and all other Allied Heads of State and Government.…

BusinessPress
BusinessPress
July 10, 2024
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