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JPMorgan sues Tesla for $162 million over warrants, Elon Musk tweets

According to the complaint filed in Manhattan federal court, Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike price" were below Tesla's share price upon the warrants' expiration in June and July 2021.

from Tech-Economic Times https://ift.tt/3ClG4xV

Dairy-focused neobank DGV gets $3.1 million in first institutional funding

Digivriddhi Technologies (DGV) — a dairy-focused neobanking startup — will use the funding from Info Edge Ventures and Omnivore, for expanding its network from 80 locations at present to 500 by the end of the current fiscal.

from Tech-Economic Times https://ift.tt/30wVbaA

Google commits $740 million to Australia months after threatening pull-out

Google Australia managing director Mel Silva, who earlier this year threatened to block Google's search engine in the country, said the spending plan would bring significant technology resources and investment.

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Twitter expands free data access for app developers

The move is part of Twitter's growing effort over the past year to decentralise the company, a vision that aims to give users more control over what content they see in their Twitter feed, Amir Shevat, Twitter's head of product for the developer platform, said.

from Tech-Economic Times https://ift.tt/3ce9Fyu

Policybazaar, the most valuable insurance bazaar in the world

PB Fintech Ltd, the parent entity of Policybazaar and Paisabazaar, has emerged as the most valuable insurance marketplace in the world upon listing.

from Tech-Economic Times https://ift.tt/3qHUrdp

Twitter Expands Free Data Access for App Developers as It Aims to Decentralise Company

Twitter said it will expand free access to the social networking site's data to help software developers create tools and products that could promote safer online conversations or curate content.

from Gadgets 360 https://ift.tt/3Ht9QUY

Amazon Executives to Be Questioned by India Police in Probe Over Alleged Marijuana Smuggling

Amazon’s local executives have been summoned by the Madhya Pradesh police as it investigates a case where the e-commerce platform was allegedly used for smuggling marijuana, a police official said.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...