Anson Funds pushes for sale of Twilio, builds $50 million stake: Sources Activist investor Anson Funds has built a stake in Twilio and sent a letter to the enterprise software company’s board pushing for the sale of the entire business, a person familiar with the matter told CNBC. Twilio shares rose around 3% on the…
Generative AI is poised to have a greater impact on white-collar positions than on blue-collar ones in the next decade, according to Pearson, an educational publishing and services firm. It can easily imitate many routine responsibilities in white-collar roles, such as managing calls or scheduling appointments. Pearson’s research indicates that approximately 30% or more of…
Google will begin deleting inactive personal accounts starting December 1. The tech company had announced this new policy in May, stating that it will remove content from inactive accounts on Google Workspace, YouTube, and Google Photos. This means that any account unused for 2 years will be subject to deletion, with the company asserting that…
Pune-based Tata Technologies is set to announce the allotment status of its initial public offering (IPO) on November 29, marking the first IPO from the Tatas in 19 years. The IPO, which was open from November 22 to November 24, saw robust demand, with the shares being subscribed 69.43 times. This indicates strong interest from…
Samsung introduced its latest smartphone in India under the Galaxy A series with the launch of the Galaxy A05. The smartphone comes with a 50MP wide-angle camera and is available in two variants – 6GB+128 GB and 4GB+64GB, priced at Rs 12,499 and Rs 9,999, respectively. It will be available in three different colors. The…
Renowned hedge fund tycoon Ray Dalio expressed his optimism about the investment potential in the Gulf states, particularly the United Arab Emirates, amidst global volatility. Dalio highlighted the UAE’s favorable financial situation and its emergence as a renaissance state, positioning it as an attractive investment destination. Dalio, the founder of Bridgewater Associates, the world’s largest…
“Raymond’s CEO Embroiled in Controversy: IiAS Urges Independent Investigation” Gautam Singhania, the chairman and managing director of Raymond, has found himself at the center of a firestorm as allegations of assault and financial misconduct have surfaced against him. The company’s shares have plummeted by 15% following a public spat with his wife, Nawaz Modi Singhania….
India’s Biggest Automaker, Maruti Suzuki, to Increase Vehicle Prices in January 2024 India’s largest automakers, Maruti Suzuki and Tata Motors, are planning to implement a price increase for their vehicles beginning in January 2024. Audi has also announced a price hike of up to 2%, signaling that other automakers may follow suit. The driving force…
Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that…
ICRA, a leading credit rating agency, is forecasting a slight sequential improvement in the credit metrics of India Inc. for the October-December quarter of 2023-2024. According to ICRA, the interest coverage ratio is expected to increase to 4.5-5.0 times in Q3 FY2024 from 4.5 times in Q2 FY2024. The interest coverage ratio is a measure…
