The Vision Fund's investment loss stood at 730.36 billion yen ($5.52 billion) in the latest quarter, on top of the combined loss of 7.3 trillion yen during the first nine months of 2022.from Tech-Economic Times https://ift.tt/t6MYXGl
SoftBank posts loss as Vision Fund stays in the red for fourth straight quarter
The Vision Fund's investment loss stood at 730.36 billion yen ($5.52 billion) in the latest quarter, on top of the combined loss of 7.3 trillion yen during the first nine months of 2022.from Tech-Economic Times https://ift.tt/t6MYXGl
Big Tech not doing enough to remove fake news, says activist NGO Avaaz
The companies are due to present reports this week on the measures they have taken to comply with the updated EU code of practice on disinformation.from Tech-Economic Times https://ift.tt/UBPWmZK
Panel to weigh competition law for digital companies
The move follows a recommendation by the parliamentary standing committee on finance on acting against anti-competitive behaviour in digital markets to prevent the formation of monopolies. The panel had also suggested digital competition legislation to ensure a fair, transparent and contestable digital ecosystem in the country and identification of systemically important digital intermediaries (SIDIs).from Tech-Economic Times https://ift.tt/cG2ZbXF
Paytm says operating level profitability ‘sustainable’
The company’s operating revenue grew 42% year on year to Rs 2,062 crore, while net losses narrowed to Rs 392.1 crore in the third quarter.from Tech-Economic Times https://ift.tt/iTyEmo9
Light-touch balanced regulatory framework best suited for growth of online gaming: report
Recently, the Ministry of Electronics and Information Technology came out with the draft rules which have provided much-needed clarity and legitimacy to the online skill gaming sector.from Tech-Economic Times https://ift.tt/WkwVLIf
Swiggy appoints Sahil Barua, Mallika Srinivasan, Shailesh Haribhakti as independent board directors
“We’re very excited about bringing on Mallika Srinivasan, Shailesh Haribhakti, and Sahil Barua to Swiggy’s board of directors,” said CEO Sriharsha Majety.from Tech-Economic Times https://ift.tt/oNfkWym
Paytm shares climbs over 6% after firm narrows loss
Digital financial services firm One97 Communications on Friday said it has narrowed its consolidated net loss to Rs 392 crore in the third quarter ended December 2022.from Tech-Economic Times https://ift.tt/ZQIs4Ge
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