Paytm completes share buyback worth Rs 850 crore

The Paytm board had approved buyback of shares worth Rs 850 crore on December 13, representing 6.67% of the total paid-up share capital between December 21, 2022 to February 13.

from Tech-Economic Times https://ift.tt/ZW1Xf4A

Meta Oversight Board to begin reviewing cases more quickly

The Oversight Board was created in late 2020 to review Facebook and Instagram's decisions on taking down or leaving up certain content and make rulings on whether to uphold or overturn the social media company's actions.

from Tech-Economic Times https://ift.tt/nbZcCxO

Walmart to close three tech hubs, relocate staff

Nearly all technology employees across the company would be expected to work in their offices for at least two days a week, added Robert Munroe, Walmart's director of global communications.

from Tech-Economic Times https://ift.tt/OsaHLuT

US judge puts SEC, CFTC cases against FTX's Sam Bankman-Fried on hold

U.S. District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities and Exchange Commission and the Commodity Futures Trading Commission.

from Tech-Economic Times https://ift.tt/mJqOYfN

Binance stablecoin backer says US SEC has labeled token an unregistered security

The firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security and is considering taking action against the platform.

from Tech-Economic Times https://ift.tt/JI0Csu1

Insuretech startup InsuranceDekho raises $150 million in latest funding round

InsuranceDekho's funding comes at a time when digital insurer Acko is in talks to raise over $100 million, as a part of its latest raise.

from Tech-Economic Times https://ift.tt/sQabXBA

RBI cancels registration of two entities for regulatory lapses

The Reserve Bank of India on Monday said it has cancelled registration of Pune-based Kudos Finance and Investments and Mumbai-based Credit Gate for regulatory lapses in lending practices.

from Tech-Economic Times https://ift.tt/71AMwm6