Senior developer | b... • 1y
is this the ending? 😭 Delaware court restricts Byju’s from use of $533 mn parked overseas Riju Ravindran, co-founder of edtech company Byju's, has been penalized by a US court for contempt of court. The court found Ravindran in contempt for refusing to disclose the location of $533 million in term loan proceeds that he transferred from Byju's Alpha Inc. The court has also prohibited further transfer or use of the loan proceeds. The financial penalties imposed on Ravindran will be announced in a future hearing. Byju's has faced multiple legal cases from investors, vendors, and bondholders, adding to its existing challenges.
Passionate about Pos... • 8m
Russian court has fined Google an unbelievably large amount, more than all the money on Earth combined This record fine stems from Google’s restrictions on Russian media outlets like Tsargrad and RIA FAN The initial fine was only 100,000 rubles (
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