Two new IPL teams, Lucknow & Ahmedabad, fetch BCCI $ 1.7 bn.

Two new IPL teams, Lucknow & Ahmedabad, fetch BCCI $ 1.7 bn.

Business tycoon Sanjiv Goenka and international equity investment firm Irelia Company Pte Limited (CVC Capital) shelled out a combined Rs 12,715 crore (approximately USD 1.7 billion) to win the bids for two new IPL teams, a windfall that far exceeded BCCI's expectations, on Monday.

T...


Australia mulls forcing tech cos to give misinformation data

Australia proposes parental consent on SM users below16

In what could further complicate matters between Big Tech and governments globally, Australia unveiled plans on Monday to make social media companies obtain parental consent for users under the age of 16, with multimillion dollar fines for failing to comply.

Draft legislation to enha...