Cybersecurity co Wiz to move money out of Israel

Another Israeli tech company is transferring money overseas from its bank accounts in Israel due to concern about the government’s planned judicial reform, Channel 12 News has reported. Cybersecurity company Wiz has announced that it will transfer its money in Israel to bank accounts around the world. Wiz was cofounded by CEO Assaf Rappaport, … Read more

Paytm Expects To Sustain Operational Profit Performance, Completes Rs 796 Crore Share Buyback

“UPI incentive will be one-off and we will explicitly call out as one-off. Rs 130 crore, that we are quoting, is for three quarters. The fourth quarter number will be topped on top of it. Because we are calling it one-time item, we are not calling it free cash flow generative. We would rather say … Read more

Digital lending apps LazyPay, Kissht blocked after MeitY order

Non-Chinese lending services LazyPay and Kissht have become unavailable to users after the Ministry of Electronics and Information Technology’s (MeitY’s) February 5 order which blocked 232 apps involved in unauthorised loan services, betting and gambling.  While both apps continue to be available on Play Store, their websites were not reachable since Monday morning. This created lot … Read more

LIC Housing Finance Q3 net profit drops 37% to Rs 480 crore, home loan portfolio up by 13%

LIC Housing Finance Q3 results: The company’s revenue from operations in the third quarter of 2022-23 stood at Rs 5,871 crore, witnessing an increase of 16 per cent compared to Rs 5,054 crore in the same period a year ago.

C3.ai, BigBearAI, and SoundHound Stock Are Soaring in an AI Feeding Frenzy

Investors are in a feeding frenzy over artificial-intelligence software plays, and you have to think this isn’t going to end well. You can date the start of the AI stock craze to the Nov. 30 launch of ChatGPT, the generative AI chatbot created by the start up OpenAI. Recent data show that ChatGPT reached more … Read more

Bed Bath & Beyond stock pops on sky-high volume

Michael M. Santiago/Getty Images News Bed Bath & Beyond (NASDAQ:BBBY) ripped an 80% gain in Monday afternoon trading even with the retailer indicating recently that it has missed payments to debtholders and could file for bankruptcy at some point. Bloomberg has also reported that former employees have not been paid severance payments owed to them. … Read more

Google releases new AI ‘Bard’ to testers ahead of public release By Investing.com

© Reuters. Google releases new AI ‘Bard’ to testers ahead of public release By Michael Elkins Google’s parent company, Alphabet (NASDAQ:) (NASDAQ:) announced in a blog post on Monday that the company is planning to launch a chatbot service called “Bard”. Bard is powered by LaMDA, Google’s AI that can generate human-like prose. The technology company … Read more

Meta’s Mark Zuckerberg finally gets to buy a VR startup Within Unlimited

A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural. Federal antitrust regulators had sought to block the acquisition on the grounds that it would hurt competition in the emerging virtual reality market. But U.S. District … Read more

Trump appeals sanctions for ‘frivolous’ suit against Hillary Clinton

presidential candidates Donald Trump and Hillary Clinton attend campaign rallies in Ambridge, Pennsylvania, October 10, 2016 and Manchester, New Hampshire U.S., October 24, 2016 in a combination of file photos. Mike Segar | Carlos Barria | Reuters Former President Donald Trump and one of his lawyers said Monday they are appealing nearly $1 million in … Read more