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China's JD.com to shut ecommerce sites in Indonesia, Thailand

JD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units will stop taking orders on February 15.

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People who posted Sam Bankman-Fried's bail should be named, says US judge

The judge said that while the public had only a "weak" right to know who Bankman-Fried's guarantors were, it outweighed Bankman-Fried's arguments for confidentiality, including that the guarantors' safety could be imperiled.

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FTX sues Voyager Digital to claw back $446 million in 2022 loan payments

FTX and Voyager both filed for bankruptcy amid a 2022 collapse in cryptocurrency markets, but Voyager's bankruptcy preceded FTX's filing by four months.

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Twitter makes first interest payment on Elon Musk buyout debt

The company paid a group of seven banks, led by Morgan Stanley, which became stuck with the debt after they were unable to sell it to outside investors.

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Fintechs, RBI consult over FLDG rules; restaurants explore options as Zomato Gold returns

Following the release of the Reserve Bank of India’s (RBI’s) new digital lending rules, fintechs in India have been in continuous consultation over first loss default guarantee (FLDG) arrangements. Today we have new details of the conversations between the central bank and fintechs on this hot bottom issue. More details in the ETtech Morning Dispatch.

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Byju’s tests at-home one-on-one tuitions in K12

Started as a pilot programme in August 2022, the edtech major has now hosted around 650 demo classes, and has about 100 teachers under this service, people aware of the matter told ET.

from Tech-Economic Times https://economictimes.indiatimes.com/tech/startups/byjus-tests-at-home-one-on-one-tuitions-in-k12/articleshow/97458506.cms

Mark Zuckerberg now puts Meta's middle managers on notice

After sacking 11,000 employees in November last year, Meta Founder and CEO Mark Zuckerberg has now reportedly put middle managers at the company on notice.

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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...