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...


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...


Google opens door for Android apps

Google search ads beat targets despite global ‘uncertainty’

Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world's biggest seller of online advertising may withstand a global recession better than smaller rivals. A trio of Alphabet executives sounded caution on a call with investment analysts, using "uncertain" or "...


Spotify introduces new Apple Watch app

Spotify beats expectations, shuts down Car Thing

Spotify reported second-quarter revenue above analysts' estimates on Wednesday helped by a 14 percent jump in paying subscribers, and forecast an upbeat current quarter although it will stop production of its dashboard accessory, Car Thing.
The company's shares ...