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Elon Musk appoints five core team members in Twitter

Amid mass layoffs in Twitter, owner Elon Musk has appointed a core team of his trusted lieutenants, including the head of his family office, an Indian-origin ex-Twitter executive and the business tycoon’s laywer....

Kerala govt officials to meet Byju’s over laying off employees

The Kerala government will meet with officials from Byju's on November 2 to discuss the ‘forced resignation’ of 170 employees. The Kerala labour department officials had previously scheduled a meeting for October 25. However, Byju's chose not to take part, citing short notice. The company is laying off 2,500 employees or 5% of the staff strength. ...

Musk changed his Twitter bio from

Soon after becoming the owner of Twitter, Elon Musk has been advocating for a number of changes on the platform. Elon Musk has now changed his Twitter bio to "Twitter complaint hotline operator". Ahead of closing the $44 billion Twitter acquisition deal, the billionaire had changed his bio to "Chief Twit"....

Google halts its payment policy in India

After the Competition Commission of India’s recent ruling, Google has paused the enforcement of its policy that mandated app developers to use its Google Play billing system for in-app purchases. The company is reviewing its legal options and ensuring it can continue to invest in Android and Play....

Icertis raises $150 Mn from Silicon Valley Bank

SaaS startup Icertis has secured $150 million in funding consisting of a revolving credit facility and convertible financing from Silicon Valley Bank. After the latest funding round, the company’s total capital has reached $520 million. ...

Twitter bans about 54,000 Indian accounts

Twitter has banned 52,141 accounts in India for promoting child sexual exploitation, non-consensual nudity and allied content between August and September. The Elon Musk-owned micro-blogging platform also took down 1,982 accounts for promoting terrorism on its platform in the country. ...

Norway’s sovereign wealth fund reports loss of over $43 billion in third quarter

Norway’s sovereign wealth fund said that in the third quarter it had lost over $43 billion as stock markets plunged and interest rates rose. ...

Govt approves 42 global firms for telecom products under PLI scheme

The Ministry of Communication has authorised 42 companies, including 28 MSMEs, for telecom and networking products under the production-linked incentive scheme (PLI). International firms including Samsung, Nokia, Jabil, Rising Star, Flextronics and local players such as HFCL, ITI, VVDN and Tejas Networks were approved under the scheme. ...

Drinik malware risking SBI and other bank customers’ data

An upgraded version of Drinik malware has been discovered that puts data of 18 bank customers at risk. According to analysts at Cyble, the malware has evolved into an Android trojan that can steal important personal details and banking credentials....

New Microsoft Security feature to block Spam Attacks

Microsoft has rolled out a new feature to its multi-factor authentication (MFA) app, Microsoft Authenticator, to prevent spam attacks. The feature is expected to be available for all Authenticator users from next year....