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Top News of the Day: 1. Turkey terrorist attack: Social media restricted in response to Ankara explosion 2. Managed office space firm IndiQube to file papers for Rs 800-crore IPO in November 3. Tesla CEO Elon Musk promises driverless ride-hailing services in 2025 amid regulatory hurdles 4. Apple has released the first developer beta for iOS 18.2, offering users a preview of the highly anticipated Apple Intelligence features. 5. Infosys has announced a partnership with open source AI startup Meta to establish a centre of excellence (COE) for enterprise AI integration. 6. Apple CEO Tim Cook has announced that the company will increase its investment in China to contribute to the development of the supply chain. 7. Tesla reported a 17% increase in profit for the third quarter, driven by strong growth in battery storage and other businesses. 8. WiseTech Global announced that CEO Richard White will step down after settling a lawsuit that led to personal allegations against him. 9. Blinkit, a quick commerce major, has introduced an EMI payment option for customers to split transactions over INR 2,999. 10. Sivanandan, the Head of Disney+ Hotstar, has resigned. This follows the recent decision to stream live sports content on the platform. 11. Xโs Indian subsidiary sees 90% plunge in FY24 revenue, profit as ad business falters 12. ixigo Acquires 51% Stake in Train Food Delivery Startup Zoop 13. Swiggy has lowered its valuation target for its upcoming IPO, aiming for a range of $12.5 billion to $13.5 billion. 14. The Union Cabinet has approved a venture capital fund of INR 1,000 Cr under IN-SPACe, as announced by Finance Minister Nirmala Sitharaman. 15. The Irish Data Protection Commission has fined LinkedIn โฌ310 million ($335 million) for violating users' personal data privacy by using targeted advertising without obtaining their consent freely. 16. Rare Rabbit posts 69% jump in FY24 revenue to Rs 637 crore 17. Go Digit General Insurance has received a show-cause notice from the Insurance Regulatory and Development Authority of India (IRDAI) for exceeding regulatory limits on expenses. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.
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Top News of the Day: 1. OTPless, an authentication and access management platform, has raised $3.5 million in a pre-Series A funding round led by SIDBI 2. Education-focused fintech startup Propelld has raised $25m in debt funding for its non-bankin
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Apple Music Turns 10: Celebrating a Decade of Streaming Apple Music is celebrating its 10th anniversary with a spotlight on innovation. It announced the opening of Apple Music Studios in L.A., a creative hub for artists and spatial audio engineers.
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Paytm Cloud Technologies Ltd (PCTL), a subsidiary of fintech major Paytm, has established a wholly owned subsidiary in the United Arab Emirates (UAE). In a regulatory filing, Paytm announced that PCTLโs board has approved an investment of AED 8 mill
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Top News of Today- 1. Praveen Sharma, senior vice president of business at Paytm's parent company One 97 Communications, has resigned after over four years. 2. Apple has acquired Canada's DarwinAI as part of its efforts to bring more generative AI
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Hindustan Unilever Ltd (HUL), a leading player in the FMCG sector, has announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Ltd, the parent company of D2C personal care brand Minimalist. According to a regulatory
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"Apple was 90 Days away from Bankruptcy" Bankruptcy to Billions #5 Steve Jobs Returns To Save Apple Steve Jobs was fired from Apple in 1985 due to a power struggle with CEO John Sculley.The board of directors sided with Sculley,Fired Jobs of his ma
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In the wake of the US-China trade conflict, tech major Apple will source most of the iPhones sold in the North American nation in the June quarter from India. Apple CEO Tim Cook made the announcement in a post-earnings call. The CEOโs confirmation c
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Steve Jobs's resignation letter to Apple On August 24, 2011, Jobs announced his resignation as Appleโs CEO, writing to the board, โI have always said if there ever came a day when I could no longer meet my duties and expectations as Appleโs CEO, I
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