Amazon's 2019 investment in Future Group that got approval from India’s antitrust regulator has now been suspended. The Competition Commission of India said in a fresh order that Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approval for the $200 million (roughly Rs. 1,500 crore) investment. Amazon had b...
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Tesla faces investor lawsuit over Elon Musk tweets on 10% stock sales
The lawsuit seeks to obtain records and books related to Elon Musk's tweets, including documents to identify whether the stock sales tweets were reviewed or pre-approved in advance.from Tech-Economic Times https://ift.tt/3sgBAar
Twelve times Elon Musk moved markets in 2021
Elon Musk, the world’s richest person, has managed to move markets at least once every month this year. Here’s a recap.from Tech-Economic Times https://ift.tt/33GoE3i
Stocktwits raises $30 million, plans to enter the Indian market
New York-based Stocktwits, which brings together traders of stocks, crypto and other emerging asset classes, has partnered with Times Bridge to expand its offerings to the Indian market.from Tech-Economic Times https://ift.tt/3E3srUW
CoinSwitch Kuber, Telangana and Lumos Lab launch Web3 accelerator
The Government of Telangana, CoinSwitch Kuber and Lumos Labs have announced the launch of India Blockchain Accelerator to support blockchain entrepreneurs.from Tech-Economic Times https://ift.tt/3GQhw2v
Adda247 acquires UPSC prep platform StudyIQ Education for Rs 150 crore
"The acquisition of StudyIQ adds strategic value to Adda247's offering in the UPSC and state PSC segment. We will get a huge leverage of their strength in the segment and the brand they have created over the years," Adda247 founder and CEO Anil Nagar said.from Tech-Economic Times https://ift.tt/3q61ryR
Boeing wants to build its next airplane in the 'metaverse'
It is a snapshot of an ambitious new Boeing strategy to unify sprawling design, production and airline services operations under a single digital ecosystem - in as little as two years.from Tech-Economic Times https://ift.tt/3H7e04b
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