India’s Central Board of Indirect Taxes and Customs (CBIC) has reached out to a bunch of crypto exchanges operating in the country. The body is seeking lists of all the cryptocurrencies that are being traded on the exchanges in India. The tax authority of India is reportedly evaluating if the…
Elon Musk bought Twitter last week for $44 billion with the help of Wall Street bank loans and shareholders who agreed to roll over their interest in the social media service in exchange for a stake of the new private company. That means Twitter, whose shares were delisted last week…
Apple supplier Foxconn has increased wages and is handing bonuses to workers at its Zhengzhou plant in central China, Chinese government-backed media reported, as it works to quell employee discontent at the site over COVID curbs. Daily wages for employees, who are part of a Foxconn unit responsible for making…
Google announced this via its Play Support help page. Google has temporarily paused its in-house Play Store billing service for app developers in India following a recent CCI ruling. The search giant had set a deadline of October 31 for developers to comply with its policies. Google announced this via…
Billionaire Elon Musk is already floating major changes for Twitter — and faces major hurdles as he begins his first week as owner of the social-media platform. Twitter‘s new owner fired the company’s board of directors and made himself the board’s sole member, according to a company filing Monday with the…
SpaceX is targeting early December to launch its giant Starship rocket system into orbit for the first time, a pivotal demonstration flight as it aims to fly NASA astronauts to the moon in the next few years, a US official said on Monday. Billionaire Elon Musk‘s SpaceX has sought for…
Microsoft’s has not offered any remedies to EU antitrust regulators reviewing its proposed $69 billion (nearly Rs. 5,71,400 crore) bid for Call of Duty maker Activision Blizzard ahead of an expected full-scale EU probe, a person familiar with the matter said on Monday. The US software company is betting on the acquisition to…
The aftermath of a large star’s explosive death is seen in an image released on Monday by the European Southern Observatory, showing immense filaments of brightly shining gas that was blasted into space during the supernova. Before exploding at the end of its life cycle, the star is believed to…
Byju’s founder and chief executive Byju Raveendran has apologised to the firm’s employees for the clumsy layoffs in India’s largest education technology company, saying 2,500 job cuts were necessitated to avoid role duplication and reduce redundancies. In a message to employees, Raveendran said Byju‘s has been compelled to focus on…
Ethereum co-founder Vitalik Buterin, in sharing his opinion on crypto regulation, declared that he is “kinda happy” that exchange-traded funds (ETFs) are being delayed. In a lengthy thread on Twitter, Vitalik Buterin discussed how regulations would impact crypto. According to Buterin, all regulations focus on either consumer protection or making…
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