Apple argues UK competition watchdog had "no power" to launch probe

The Competition and Markets Authority (CMA) opened a full investigation in November into cloud gaming and mobile browsers over concerns about restrictions by iPhone-maker Apple, as well as by Google.

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RummyCircle operator moves Madras HC against crime branch notice

The crime branch is investigating into the suicide of one Manikandan, and has filed an FIR that claims he had killed himself after losing money playing RummyCircle.

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Silicon Valley Bank shut down by California

Silicon Valley Bank had about $209 billion in total assets and about $175.4 billion in total deposits, as of Dec. 31, 2022.

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Tata Technologies files IPO papers with Sebi

The IPO is being launched by way of an offer for sale (OFS) of up to 95,708,984 equity shares, representing approximately 23.60% of its paid-up share capital.

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Is Silicon Valley Bank’s swoon a recession signal?

A bank in Silicon Valley, California, which is the parent company of Silicon Valley Bank, raised money on short notice to avoid having to cut jobs in the technology and startup industries. This has caused the stock prices of other banks to drop, as investors become more cautious.

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AM Scoop: Binny Bansal eyes $100 -150 million stake in PhonePe; Draft Digital India Bill to be ready by July

It’s Friday and we are breaking a big story as we roll into the weekend. Flipkart cofounder Binny Bansal is eyeing an over $100 million stake in online payments major PhonePe. The deal is in the works, per sources.

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Flipkart cofounder Binny Bansal looks to recharge PhonePe with $100-150 million investment

PhonePe deal to be among largest individual investments in a new-age firm; Bansal also finalising $25-30 million funding in Curefoods.

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