Soumajit Sinha
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Byju’s faces notice from India’s Enforcement Directorate over alleged foreign exchange violations
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India’s Enforcement Directorate plans to issue a show-cause notice to Byju’s for allegedly violating foreign exchange rules worth $1.08 billion. The notice follows a search of Byju’s premises in April,…
Tesla plans to establish factory in India by 2024, says report
Tesla Inc is reportedly close to finalizing a deal with India, which includes setting up a factory in 2024. The company is considering Maharashtra, Tamil Nadu, and Gujarat for the…
WhatsApp introduces email address verification for account authentication
WhatsApp now allows users to authenticate their accounts with an email address, providing an alternative to phone number verification. The feature, part of version 23.24.70 of WhatsApp for iPhone, is…
Byju’s faces allegations of Rs 9,000 crore FEMA violation by Enforcement Directorate
The Enforcement Directorate (ED) has issued a show-cause notice to Byju’s, accusing it of Foreign Exchange Management Act (FEMA) violations amounting to Rs 9,000 crore. Byju’s has denied receiving any…
Exclusive: Youtube is launching games
You can now play games on Youtube and the beta version of games are available now (only for premium subscribers). These games are available on Android, iOS and Desktop Web.…
Tesla plans to import EVs to India next year and establish a factory within two years
India is close to finalizing a deal with Tesla to allow the import of its electric vehicles from next year and set up a manufacturing plant within two years. Tesla…
Spotify secures unique payment deal with Google, bypassing standard Play Store fees
Spotify has struck an unprecedented deal with Google, paying no commission for in-app purchases made through its own system, as revealed during the Epic v. Google trial. Despite using Google’s…
Elon Musk and Texas AG Ken Paxton take legal action against Media Matters over ad placement allegations
Elon Musk is suing Media Matters following a report alleging his company X placed ads next to pro-Nazi content, leading to an advertiser exodus. Texas Attorney General Ken Paxton has…
Baaz Bikes secures $8 million in Series A funding
Electric vehicle ecosystem, Baaz Bikes, has raised $8 million in a Series A round led by Big Capital, with participation from Rakuten Capital, Kalaari Capital, and 9Unicorns. The funds will…
ICMR denies link between COVID-19 vaccinations and sudden deaths in young Indian adults
The Indian Council of Medical Research (ICMR) refutes claims that COVID-19 vaccinations increase the risk of unexplained sudden deaths among young adults in India. Factors such as past COVID-19 hospitalization,…
Indian government to discuss deepfake prevention with social media platforms
The Indian government plans to meet with social media platforms to discuss measures against deepfakes, according to Union Minister Ashwini Vaishnaw. The Ministry of Electronics and Information Technology has previously…
Meta and Christian Louboutin file lawsuit against counterfeit operation
Meta and Christian Louboutin have jointly filed a lawsuit against a Mexico-based individual for running a counterfeit operation on Facebook and Instagram. Despite Meta’s efforts to disable accounts and remove…
PhysicsWallah dismisses 120 staff following performance reviews, plans to recruit 1100 more
Indian edtech firm PhysicsWallah has let go of approximately 120 employees following a performance review, marking the first layoffs at the profitable company. The company, which plans to hire an…
Apple’s mixed-reality headset, Vision Pro, launch postponed to March 2024
Apple’s Vision Pro launch has been delayed from January to March 2024. The Vision Pro was first unveiled at Apple’s annual developer’s conference in June. The $3,499 mixed-reality headset will…
