Lyft’s Long-Due Safety Report Records Over 4,000 Sexual Assault Cases

Lyft received reports of more than 4,000 instances of sexual assault on its ride-hailing platform between 2017 and 2019, it said, detailing the data in a safety report it had promised to publish about two years ago. The company report, issued late on Thursday, showed sexual assault reports on its platform had increased from around […]

Samsung Galaxy A51, Galaxy A31 Getting Latest Security Patch: Report

Samsung Galaxy A51 and Galaxy A31 have reportedly started receiving the October 2021 Android security patch. The update is said to have stability improvements and bug fixes. Eligible Samsung Galaxy A51 smartphones in some Asian markets including India are receiving the update now, while the update for Galaxy A31 is said to be rolling out […]

Paytm May Scrap Pre-IPO Sale Plan Over Valuation Differences: Report

Paytm was last valued at $16 billion, according to unicorn tracker CB Insights. New Delhi: Paytm, the Indian digital payments pioneer backed by Jack Ma’s Ant Group Co., is considering scrapping the proposed Rs 2,000 crore ($268 million) share sale ahead of its initial public offering over valuation differences, according to people familiar with the […]

Reliance Industries To Add Aramco Chairman As Independent Director: Report

Saudi Aramco Chairman Yasir Al-Rumayyan Reliance Industries Ltd said on Thursday that a required majority of its shareholders have passed a resolution to appoint Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to the conglomerate’s board. A little over 98 per cent of the total votes polled on the resolution were in favour of […]

PayPal Looking To Buy Pinterest In $45 Billion Deal: Report

PayPal made an offer to buy digital pinboard site Pinterest Inc PayPal Holdings Inc has made an offer to buy digital pinboard site Pinterest Inc for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more tie-ups between financial technology and social media companies in e-ecommerce. The per share […]

Facebook Plans to Rebrand With a New Name Next Week: Report

Facebook is planning to rebrand itself with a new name next week to reflect its focus on building the metaverse, the Verge reported on Tuesday, citing a source with direct knowledge of the matter. Facebook Chief Executive Officer Mark Zuckerberg plans to talk about the name change at the company’s annual Connect conference on October […]

Thermal Plants Coal Stock Back To Normal Levels: Report

Coal supply situation with power plants has improved in India Days after several states reported depleting coal supplies at power stations leading to a crisis-like situation, the government has stated that dry fuel stock situation at thermal projects has improved. According to the Central Electricity Authority (CEA) data, the number of projects having less than […]

First Fund Linked To Bitcoin Futures Debuts On New York Stock Exchange: Report

ProShares, leader in exchange-traded funds, rang the opening bell of New York Stock Exchange Bitcoin took another step closer to mainstream investing Tuesday with the launch of a new security on Wall Street tied to futures of the cryptocurrency. To mark the occasion, ProShares, leader in exchange-traded funds, a type of investment linked to an […]

Google Bullish on Pixel 6 Series, Orders Twice as Many: Report

Google Pixel 6 and Google Pixel 6 Pro are launching today at 10:30pm IST. As per a report, Google has ordered more than 7 million units of the Pixel 6 series — twice from its entire shipments last year — from its suppliers. Additionally, Google is also reportedly working on developing a new Pixelbook laptop. […]

CRED Valued At $4 Billion In New Funding Round: Report

CRED raised $251 million in a new funding round CRED said on Tuesday it had raised $251 million in a new funding round led by existing investors and private equity firms Tiger Global and Falconedge, valuing the fintech company at $4.01 billion. “Two new investors – Marshall Wace and Steadfast – joined the cap table. […]

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