Jack Dorsey's Block to build an open bitcoin mining system

In October, Dorsey said that Block, formerly Square, was considering building a bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide.

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Twitter, Meta among tech giants subpoenaed by January 6 panel

The committee chairman, Rep. Bennie Thompson, demanded records on Thursday from the companies relating to their role in allegedly spreading misinformation about the 2020 election and promoting domestic violent extremism on their platforms

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Exclusive: Thrasio’s $500M India bet; Pepperfry assembling IPO

Thrasio, which pioneered the house of brands model of ecommerce, plans to invest $500 million in India, and that’s just for starters. Pepperfry plans to file for a $250-300 million IPO in Q1 FY23.

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Swiggy, Zomato discounts dry up as restaurants shut, orders surge

New curbs to curtail the third wave of the Covid-19 pandemic in India, as well as GST costs and surging retail inflation, are seen as reasons for the lack of discounts on Swiggy and Zomato.

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Exclusive: Thrasio CEO calls India a big long-term bet, to invest $500 million

Thrasio has made its first acquisition in India by purchasing a majority stake in consumer durables brand Lifelong. Lifelong cofounder Bharat Kalia will lead the operations for Thrasio in India.

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MX Player scripting regional winners with 280 million MAUs: Report

The CII-BCG report ‘Blockbuster Script for the New Decade’ said that with over 280 million monthly active users, MX Player was at the forefront of creating regional content to best cater to the demands of its users.

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Microsoft hires key Apple engineer to design server chips

The software giant hired chip industry veteran Mike Filippo, who worked for Apple for over two years. The move to hire Filippo implies that Microsoft is accelerating a push to create homegrown chips for its servers powering Azure cloud computing services.

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