Top News of the Day: 1. Govt blocked 1,700 Skype IDs and 59,000 Whatsapp accounts used for digital arrest fraud, says minister 2. Phillip’s machine manufacturing arm will bring Titanium and other hi-tech materials to India 3. Swiggy, the Indian food delivery platform, is focusing on expanding its quick-commerce service, Swiggy Instamart. 4. Policybazaar parent PB Fintech enters healthcare with new subsidiary 5. Allen Institute held talks to acquire Unacademy valuing edtech firm at $800 million in a cut-price deal 6. Microsoft is facing a £1 billion ($1.27 billion) dispute in the U.K. over allegations of unfair charging practices related to its cloud software services. 7. Byju's chief content officer, Vinay Ravindra, and company ally, Rajendran Vellapalath, could face financial sanctions in the US for their involvement in stripping software, cash, and other assets from business 8. According to a report by cyber security firm Lisianthus, at least 20% of cybercrimes in India involve the usage of the dark web. 9. Salesforce beat expectations with its third-quarter revenue, leading to an 8% increase in its shares. 10. The CEO of Zepto, Aadit Palicha, has commented on the debate surrounding work-life balance on Indian social media. 11. Swiggy's 10-minute food delivery service, Bolt, accounts for 5% of its total food delivery orders within two months of its launch. 12. Amazon has unveiled Nova, a suite of AI models that can generate text, images, and videos. 13. A devastating fire at Shiprocket's warehouse in Bhiwandi, Maharashtra, caused significant damage last Thursday, affecting at least 61 brands including Sugar, mCaffeine, and Beastlive. 14. CarDekho Group, which operates platforms like CarDekho, InsuranceDekho, BikeDekho, PriceDekho, Rupyy.com, has posted a modest 3.5% drop in its revenue FY24. 15. Shilpa Shetty-backed WickedGud, direct-to-consumer (D2C) food products brand, has raised Rs 20 crore led by Orios Venture Partners 16. Amagi, a cloud media SaaS technology firm, has announced the acquisition of Argoid AI, an AI company specializing in recommendation engines and programming automation for OTT platforms. 17. Start-up Glow has secured $30m in funding from venture capital firms Framework and Union Square Ventures. 18. Enterpret, a customer feedback analytics platform, has secured $20.8 million in Series A funding led by Canaan Partners. 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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