The FIU has zeroed in on about 200 transactions that were carried out in the Cayman Islands, the British Virgin Islands and Nigeria using digital currencies and routed via exchanges located in India.from Tech-Economic Times https://ift.tt/xIPC7j8
Illicit drug deals: 3 digital asset management cos under radar for transactions worth Rs 28,000 crore
The FIU has zeroed in on about 200 transactions that were carried out in the Cayman Islands, the British Virgin Islands and Nigeria using digital currencies and routed via exchanges located in India.from Tech-Economic Times https://ift.tt/xIPC7j8
Meta's profit slides by more than 50% as challenges mount
This year, Meta's earnings have been hit hard by its spending on the metaverse and its slowing growth in social networking and digital advertising. In July, the Silicon Valley company posted its first sales decline as a public company.from Tech-Economic Times https://ift.tt/0lKZ2zf
Elon Musk visits Twitter office, says 'let that sink in'
Musk is expected to close the deal by October 28 and the company is expected to come under his ownership by 5 p.m. New York time, as lawyers and bankers on both sides race to finalize paperwork.from Tech-Economic Times https://ift.tt/2hfpdB0
A unicorn in the making, Centre writes to Meta over WhatsApp outage, and more
Private equity giant Apis Partners is expected to lead the round and join in as a new investor. Apis is expected to invest roughly $65 million, with the rest of the corpus coming from internal investors and private equity funds.from Tech-Economic Times https://ift.tt/08ON5ki
Online dispute resolution platform Sama raises seed funding from Campus Fund
According to Sama, as of May this year, the Indian judicial system had more than 47 million cases pending in various courts—the subordinate courts had a backlog of almost 41 million cases. There were some 6 million cases in the high courts and more than 70,000 cases in the Supreme Court.from Tech-Economic Times https://ift.tt/Qkubc7z
Elon Musk to address Twitter staff during Friday visit
Twitter is expected to come under Elon Musk’s ownership by 5 p.m. New York time on Oct. 28, as lawyers and bankers on both sides race to finalize paperwork.from Tech-Economic Times https://ift.tt/8jtfcTx
Google-parent Alphabet misses estimates for quarterly revenue
Google's advertising revenue was $54.48 billion in the third quarter, compared with $53.13 billion last year. The company said total revenue was $69.09 billion in the quarter ended Sept. 30, compared with $65.12 billion a year earlier.from Tech-Economic Times https://ift.tt/hznrpfL
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