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flipkart: Walmart spent $3.5 billion to buy Flipkart shares from Tiger Global, Accel, Binny Bansal, others: Filing

Tiger Global and Accel Partners held about 5% collectively in the Bengaluru-based etailer. Tiger registered a $3.5-billion in profits on its Flipkart investment, as per a communication sent by the New York-based fund to its limited partners (sponsors in funds) on June 28. The retailer also bought the residual stake of Flipkart cofounder Binny Bansal along with other minority shareholders.
Sachin Bansal Flipkart Esop Northwestern University Offering College Indian School Of Business Tech Process

genesis: Crypto exchange Gemini tries to line up other creditors in new Genesis bankruptcy plan: report

The new proposal would involve some creditors fronting funds to help pay others back quickly in exchange for a bigger share of any money won by suing DCG, and maps out a range of options for creditors, estimating they could recoup up to $2.8 billion from Genesis.
Uttar Pradesh Indian School Of Business Offering College Digital Currency Group Programme In Data Science Northwestern University

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meta: Meta may allow Instagram, Facebook users in Europe to pay and avoid ads

Those who pay for Facebook and Instagram subscriptions would not see ads in the apps, said the people, who spoke on the condition of anonymity because the plans are confidential. That may help Meta fend off privacy concerns and other scrutiny from EU regulators by giving users an alternative to the companys ad-based services, which rely on analyzing peoples data, the people said.
Uttar Pradesh United States Susan Li Mark Zuckerberg Indian School Of Business Programme In Data Science

Artificial Intelligence: Ban or embrace? Colleges wrestle with AI-generated admissions essays

The easy availability of AI chatbots like ChatGPT, which can manufacture humanlike text in response to short prompts, is poised to upend the traditional undergraduate application process at selective colleges - ushering in an era of automated plagiarism or of democratized student access to essay-writing help. Or maybe both.
Georgia Institute Of Technology United States New York Rick Clark Ritika Vakharia Kevin Jacob

aakash: Byju's forms executive committee for new leadership at Aakash after exit of CEO, CFO

Byju Raveendran– chief executive officer at Byjus, Ajay Goel–group chief financial officer of Byjus, Anup Kumar Agrawal, chief business officer of AESL and Sachin Saxena, chief human resources officer (CHRO) of AESL are part of the executive council, as per an internal note sent by Raveendran.
Uttar Pradesh Anup Kumar Agrawal Ajay Goel Abhishek Maheshwari Sachin Saxena Davidson Kempner

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