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Meta’s Facebook touches 3 billion active users says Meta’s latest report-thumnail

Meta’s Facebook touches 3 billion active users says Meta’s latest report

Meta’s recent quarterly report showcases statistics, for its suite of applications, such as Facebook, WhatsApp, Instagram, Messenger, and Threads. These apps collectively boast 3.88 billion active users representing nearly half of the global population actively engaging with Metas platforms. Moreover, Facebook has witnessed a resurgence, in users now reaching a staggering 2.064 billion individuals.

Business

Jul 27, 2023

Theis Precision is fully acquired by BDK Valves and Gurukrupa Group-thumnail

Theis Precision is fully acquired by BDK Valves and Gurukrupa Group

On Wednesday, the western Indian real estate developer Gurukrupa Group and the producer of industrial valves BDK Valve Private Ltd. announced that they had successfully acquired the whole stock of Theis Precision Steel India Pvt. Ltd. (Theis Precision). The promoter group has now acquired a global company twice.

Business

Jul 26, 2023

Insider trading charges are filed against British billionaire Joe Lewis by US-thumnail

Insider trading charges are filed against British billionaire Joe Lewis by US

The 86-year-old owner of the football team Tottenham Hotspur is accused of disclosing private information to his staff members and love interests, enabling them to negotiate deals worth millions of

Business

Jul 26, 2023

Morgan Stanley and Temasek join $300 million Australian fund-thumnail

Morgan Stanley and Temasek join $300 million Australian fund

In order to support investment in deep technologies deemed essential to the nation’s national interests, Main Sequence, the venture capital firm formed by Australia’s national research agency, raised A$450 million

Business

Jul 26, 2023

Visa partners with Adani Group to offer co-branded cards-thumnail

Visa partners with Adani Group to offer co-branded cards

Visa, the known digital payments company has entered into a partnership, with Indias Adani Group, which is led by the billionaire Gautam Adani.

Business

Jul 26, 2023

QIA planning to put in $1 billion in Reliance Retail at a $100 bn valuation-thumnail

QIA planning to put in $1 billion in Reliance Retail at a $100 bn valuation

It has been reported that the Qatar Investment Authority is currently engaged in discussions, with Reliance Retail regarding an investment that could range from $950 million to $1 billion.

Business

Jul 26, 2023

Transforming Manufacturing Aftermarket Partful Secures £2.4M Funding Boost-thumnail

Transforming Manufacturing Aftermarket Partful Secures £2.4M Funding Boost

Aftermarket selling innovation subject matter experts, Partful, has gotten £2.4M in subsidies to speed up the improvement of its ‘detonating’ 3D parts SaaS stage – which is changing the business’

Business

Jul 26, 2023

Asian Markets Trade Weaker Ahead of Expected Fed Rate Hike and China’s Stimulus Details-thumnail

Asian Markets Trade Weaker Ahead of Expected Fed Rate Hike and China’s Stimulus Details

Asian markets experienced a mostly weaker trading session on Wednesday as investors awaited the U.S. Federal Reserve’s decision on interest rates later in the day and sought clarity on China’s economic stimulus package.

Business

Jul 26, 2023

Intel and Ericsson join hands to manufacture custom 5G chips together-thumnail

Intel and Ericsson join hands to manufacture custom 5G chips together

Intel and Ericsson join hands, the Swedish telecommunications gear maker, to develop a customized 5G networking chip.

Business

Jul 26, 2023

Open AI’s ChatGPT android version goes live; India is amongst the first to get access-thumnail

Open AI’s ChatGPT android version goes live; India is amongst the first to get access

OpenAI’s ChatGPT android version, the AI chatbot has been. Is now available to users in various countries including India, Bangladesh, Brazil, and the United States. Preorders are also open for nations as part of their expansion plans.

Business

Jul 26, 2023

Cognizant and Gilead Sciences agree to a $800 million deal-thumnail

Cognizant and Gilead Sciences agree to a $800 million deal

On Monday, Cognizant made an announcement that it was extending its IT service agreement with Gilead Sciences for an additional $800 million in estimated value over the following five years, continuing the current pattern of software giants landing huge deals.

Business

Jul 25, 2023

Thales, the largest defense electronics provider in Europe acquires U.S. cybersecurity company Imperva for $3.6 billion-thumnail

Thales, the largest defense electronics provider in Europe acquires U.S. cybersecurity company Imperva for $3.6 billion

Thales, the defense electronics provider based in Europe is venturing into the field of cybersecurity through the acquisition of Imperva, a U.S. Company for a $3.6 billion. This strategic decision intends to strengthen their activities in cybersecurity expand their focus beyond defense operations and establish themselves as a global contender, in the realm of cyber warfare. The completion of this deal is expected by 2024.

Business

Jul 25, 2023


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