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News on Medial
Missed the April 5 PPF deadline? Don’t fret; you won’t lose much
Money Control
·
1y ago
Medial
This article discusses the importance of investing in a Public Provident Fund (PPF) account before the 5th of April. While investing the full limit of Rs 1.5 lakh before this date can maximize returns, the difference in interest earned is not significant. The article advises not to worry too much about the specific date and to focus instead on long-term financial planning and achieving major life goals through proper asset allocation. Additionally, it suggests considering monthly investments as an alternative to lump sum deposits.
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Work on TikTok deal is 'in a good place,' US vice president says
Economic Times
·
5m ago
Medial
The Trump administration is progressing in securing an American buyer for TikTok before the April 5 deadline, according to Vice President JD Vance. With mounting bids, Vance expressed optimism about finalizing a deal for non-Chinese ownership of the short-video social media platform. He conveyed confidence in the process during an interview with Fox News, stating that efforts will continue to ensure completion before the deadline.
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xAI's next-gen AI model didn't arrive on time, adding to a trend | TechCrunch
TechCrunch
·
8m ago
Medial
Elon Musk's AI company, xAI, missed its promised launch window for Grok 3, a major AI model intended to rival OpenAI and Google's offerings. Initially slated for release by the end of 2024, Grok 3 has not yet premiered, suggesting possible challenges with AI scaling or resource constraints within xAI's smaller team. This missed deadline aligns with a growing trend of AI companies, like Anthropic and others, also delaying next-gen model launches.
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Apply to pitch at TechCrunch Early Stage 2024 in Boston
TechCrunch
·
1y ago
Medial
TechCrunch Early Stage 2024 is bringing back "So You Think You Can Pitch," where three founders will have the opportunity to present their pitch decks in front of expert judges. The event, taking place on April 25 in Boston, offers valuable feedback on pitch structure, content, solution, and presentation. The finalists will receive two complimentary tickets to the event and will also be considered for the TechCrunch Disrupt Startup Battlefield 200 cohort. The application deadline is March 22, and there is no cost to apply or participate.
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Amazon bids to buy TikTok as deadline looms, US administration official says
Economic Times
·
5m ago
Medial
Amazon has made a last-minute bid to acquire TikTok before the April 5 deadline for the app to find a non-Chinese buyer or face a U.S. ban. President Trump is reviewing TikTok's future amid a proposal to reduce Chinese ownership below a legal threshold. Other interested parties include Blackstone and Andreessen Horowitz. Amazon’s bid, revealed via a letter, has not been taken seriously by many involved in the negotiations.
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Oracle's role in TikTok's future gets Capitol Hill scrutiny
Economic Times
·
5m ago
Medial
Oracle's potential involvement in TikTok's future is under scrutiny in Washington. With TikTok owned by China's ByteDance, concerns about national security persist. Oracle, already a tech partner for TikTok in the U.S., has met with Capitol Hill aides to discuss compliance with laws demanding TikTok's sale to a non-Chinese owner by April 5. Lawmakers warn against deals that might maintain Chinese influence. The decision ultimately rests with the White House, as the deadline looms.
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OnlyFans founder, crypto foundation submit late-stage bid to buy TikTok
Economic Times
·
5m ago
Medial
OnlyFans founder Tima Stokely and the Hbar Foundation, managing the Hedera cryptocurrency network, have submitted a bid to acquire TikTok from ByteDance. Their company, Zoop, aims to create a platform rewarding creators directly. This bid aligns with US efforts to address national security concerns over TikTok’s Chinese ownership. The outcome hinges on approval from President Trump, with April 5 as a key deadline, amid concerns over freedom of speech and foreign influence.
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AppLovin bids for TikTok in all markets outside of China
Economic Times
·
5m ago
Medial
AppLovin has submitted a bid for TikTok assets outside China before the April 5 deadline set by the US for a non-Chinese buyer. With interest in TikTok's US operations increasing, several companies, including Amazon and a consortium led by OnlyFans' founder, have shown interest. While AppLovin aims to expand its global advertising reach, regulatory and geopolitical challenges remain. TikTok's ties to China have raised US security concerns, impacting the ongoing sale discussions.
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Last call for pitch submissions at TechCrunch Early Stage 2024!
TechCrunch
·
1y ago
Medial
TechCrunch Early Stage 2024 is hosting "So You Think You Can Pitch," where three founders will present their pitch decks for 4 minutes each in front of expert judges. The event aims to provide valuable feedback to refine pitching skills and attract early customers and funding. The submission deadline is March 22, with selected finalists receiving complimentary event tickets. Applicants must have an MVP, and all submissions will be considered for TechCrunch Disrupt Startup Battlefield 200. TechCrunch Early Stage is a one-day event in Boston on April 25, designed to empower early-stage entrepreneurs and offer actionable insights.
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Trump says TikTok sale deal to come before April 5 deadline
Economic Times
·
5m ago
Medial
Former President Donald Trump announced that a deal for TikTok's sale by its Chinese parent company, ByteDance, would be finalized before the April 5 deadline. The U.S. demands a non-Chinese buyer due to national security concerns. Blackstone is considering joining existing investors to bid for TikTok's U.S. operations. Despite China's involvement, the White House has been instrumental in the negotiations. The deal is crucial due to potential data influence operations against the U.S. by China.
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In TikTok sale, the White House is playing an unprecedented role
Economic Times
·
5m ago
Medial
The White House is unusually involved in the TikTok sale, acting like an investment bank with Vice President JD Vance leading the auction, complicating the deal. Among bidders are prominent investors and entrepreneurs, with the sales process being atypical due to undefined assets and valuation. TikTok’s Chinese owner, ByteDance, has a limited involvement while potential buyers face an April 5 deadline. The algorithm’s inclusion could determine TikTok’s final sale price, estimated between $50 billion and $100 billion.
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