Jack May poised to cede control of Ant Group, WSJ report says

Jack May poised to cede control of Ant Group, WSJ report says

Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a forced restructuring of the financial technology behemoth.

While Ma only owns a 10 percen...


Apple, TikTok-hit Meta reports 1st ever quarterly revenue drop

Apple, TikTok-hit Meta reports 1st ever quarterly revenue drop

Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc. in the near term, Wall Street analysts said.

At least 10 brokerages cut their price targets on Meta after the company reported its first-ever quarterly...


Reliance Industries ties up with IOA for Olympics, Commonwealth, and Asian games

Reliance, IOA in pact to support Indian athletes

Billionaire Mukesh Ambani-led Reliance Industries and Indian Olympic Association (IOA) on Wednesday announced a long-term partnership to support Indian athletes in major multi-sport events, including the Commonwealth Games, Asian Games, and the Olympics Games.

India's most valuable c...


Roadies to launch ‘Roadies Moto’ NFTs for its fans

Roadies to launch ‘Roadies Moto’ NFTs for fans

Gaining immense popularity with its successful first drop of culturally driven digital artwork, Viacom18’s Youth, Music, and English Entertainment cluster’s NFT marketplace www.fullyfaltoonft.com received an overwhelming response and carved out a niche for itself with NFT collectors. Riding on the momentum of its previous success and to furth...