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Tesla surpasses $1 trillion market valuation for the first time
Tesla has surpassed $1 trillion market capitalisation for the first time ever, after its shares surged over 9.5%. The company's shares hit a record high of more than $998 after...
Verizon and Project Kuiper team up to develop connectivity solutions
Today, Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Project Kuiper, an advanced low Earth orbit (LEO) satellite network from Amazon.com, Inc. (NASDAQ: AMZN), announced a strategic collaboration to develop...
Black Box Launches IoT Practice in Asia to Accelerate Industry 4.0
Black Box, a global solutions integrator, today announced that it has established an IoT practice in Asia that will allow the company to embrace abundant IoT opportunities across Asia's manufacturing hubs....
Razorpay introduces tokenization along with Mastercard, RuPay and Visa
Razorpay has announced a new tokenization solution for businesses that will allow their end-customers to have the convenience of saved card transactions with added security and in compliance with the RBI guidelines. ...
Twitter buys chat app Sphere
Twitter has acquired Sphere - a chat app which was co-founded by British serial entrepreneur Nick D’Aloisio....
Grocery chain Tesco suffers 2-day outage following hack
Britain’s biggest supermarket chain Tesco's app and website were down for a second day on Sunday, leaving shoppers unable to order goods and track deliveries. ...
Jio to invest in Dunzo’s $250Mn funding round
Google backed Dunzo is looking to raise as much as $200-250 million at a valuation of close to $800 million. Billionaire Mukesh Ambani-controlled Jio is in talks with Dunzo to finalize the financial investment, alongside with the start-up’s current investors....
PayPal looking for acquiring Pinterest at $39Bn
As per the reports, PayPal has approached Pinterest about a potential deal at a price of around $70 a share, valuing Pinterest at around $39 billion that could herald more financial technology and social media tie-ups in e-commerce....
RBI imposes Rs 1 crore fine on Paytm Payment Bank
The Reserve Bank of India has imposed a penalty of Rs 1 crore on Paytm Payments Bank Ltd. for violating provisions of Payment and Settlement Systems Act 2007 and submitted information that did not reflect the factual position. ...
Vodafone Idea accepts the 4-year spectrum payment moratorium
Vodafone Idea has accepted India's telecom department's four-year spectrum payment moratorium from October 2021 to September 2025, becoming the first telco to accept the deferred payment option provided under the telecom relief package. ...