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Apple has taken action by removing TikTok and ByteDance apps from the U.S. App Store.

Apple has taken action by removing TikTok and ByteDance apps from the U.S. App Store.

In a notable development, Apple has reportedly taken the step of removing TikTok and several other apps from ByteDance, the Chinese tech giant behind TikTok, from the U.S. App Store. This action is a response to rising concerns regarding user privacy and data security, particularly as scrutiny of Chinese-owned apps in the United States intensifies. This decision follows a series of government investigations and an increase in public discourse about the safety of personal data collected by apps like TikTok, which boasts billions of users globally. Authorities have expressed concerns…

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JioCoin: Is Reliance Jio About to Step into the Crypto Space?

JioCoin: Is Reliance Jio About to Step into the Crypto Space?

Reliance Jio is reportedly looking into the cryptocurrency market with plans to launch its own blockchain-based token, JioCoin. This token is believed to be part of the company’s larger digital strategy and could signify Jio’s official entry into the expanding realm of cryptocurrencies. Industry insiders suggest that JioCoin will utilize blockchain technology to facilitate secure and transparent financial transactions, as well as other functionalities within the Jio ecosystem. Although specific details are limited, the announcement has sparked considerable excitement, especially given Jio’s strong foothold in the telecom industry and its…

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Jio is set to move its Rs 199 postpaid users to the Rs 299 plan due to the recent price increase.

Telecom giant Jio has announced a notable price increase for its postpaid users, with subscribers currently on the Rs 199 plan being upgraded to the Rs 299 plan. This change will take effect in the coming weeks, affecting many customers who have chosen the Rs 199 plan for its affordability and basic postpaid features. With this adjustment, Jio aims to streamline its postpaid offerings while adding more services and features to the upgraded Rs 299 plan. The new plan will provide a higher data limit, improved voice benefits, and extra…

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Wipro’s profit for the third quarter has increased by 24.5%, driven by growth in its consulting services.

Wipro announced a 24.5% increase in net profit for the third quarter, fueled by significant growth in its consulting services and efficient cost management. The IT giant’s strategic emphasis on high-margin consulting projects and operational efficiencies played a key role in this strong performance. Revenue also experienced steady growth, bolstered by strong client demand in essential sectors. Wipro highlighted that these results reflect its dedication to providing value-driven solutions while managing expenses effectively. Analysts see these results as a positive indicator of the company’s ability to adapt in a competitive…

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Amazon has acquired Axio to enhance its fintech services.

Amazon has officially acquired fintech company Axio, a strategic decision aimed at strengthening its foothold in the financial services industry. Axio, recognized for its expertise in credit solutions and payment technologies, is set to enhance Amazon’s capacity to provide innovative financial products to its extensive customer base. Although the financial specifics of the deal have not been disclosed, this acquisition fits into Amazon’s larger strategy to incorporate advanced financial tools into its ecosystem, which includes e-commerce and cloud services. Analysts suggest that this move could lead to new consumer lending…

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Indian space startups have been selected for a collaborative Indo-US defense program.

For the first time, seven Indian space startups have been chosen to take part in a significant Indo-US defense collaboration program, representing a major achievement for India’s private space industry. Companies such as KaleidEO, EtherealX, and Aadyah Space will have the opportunity to tap into the extensive U.S. defense and space markets, along with receiving guidance from industry leaders like Lockheed Martin and Northrop Grumman. This initiative, which is part of the India-U.S. Defense Acceleration Ecosystem launched in 2023, seeks to promote innovation in satellite technology, space observation, and advanced…

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Hindenburg Research has officially shut down, with Nate Anderson disbanding the firm.

In a surprising turn of events, Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that the well-known U.S.-based financial research firm is closing its doors. Hindenburg gained international recognition for its explosive short-selling reports, which exposed alleged corporate fraud and financial misconduct in companies like Nikola, Adani Group, and Lordstown Motors. The firm’s investigations frequently triggered market turmoil and highlighted issues in corporate governance, establishing its reputation as a bold watchdog in the financial sector. However, Anderson’s decision to dissolve the firm has left analysts and investors pondering…

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SpaceX has successfully launched satellites for three Indian startups.

In a major achievement for India’s private space sector, three Indian space-tech startups—Pixxel, Digantara, and XDLINX Space Labs—successfully launched their advanced satellites on SpaceX’s Transporter-12 rideshare mission. The launch occurred on Wednesday at 1915 GMT (just after midnight in India) from the Vandenberg Space Force Base in California, USA. These satellites, designed to monitor Earth and track space objects, showcase India’s expanding role in the global space-tech landscape. Pixxel, recognized for its innovations in hyperspectral imaging, sent up another of its state-of-the-art satellites aimed at delivering detailed insights into environmental…

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“Apple Employees, Including Indians, Fired Over Charity Matching Fraud Scheme”

Apple has terminated several employees, including a number of Indians, following an internal investigation into a salary fraud scheme involving its charity matching program. The employees were found to have exploited the program by falsifying donation receipts and inflating charitable contributions to receive matching funds from the company. The company’s charity matching program, which encourages employees to donate to eligible charitable organizations by matching their contributions, was meant to support philanthropic efforts. However, an internal audit revealed that some employees had manipulated the system for personal gain by submitting fraudulent…

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GCCs Set to Offer Higher Pay Hikes Than IT Companies in FY26

Global Capability Centers (GCCs) are projected to offer higher pay hikes than IT companies in FY26, driven by their rapid expansion and the growing demand for skilled professionals. As businesses increasingly rely on GCCs for critical services, the sector’s growth is pushing these centres to offer competitive compensation to attract and retain top talent. With the IT industry already facing challenges in meeting the demand for specialized skills, GCCs are stepping up to the plate. These centres are becoming key players in the job market, offering more attractive financial incentives…

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