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Sebi approves Awfis Space Solutions IPO to raise Rs 160 crore. Peak XV, Bisque, and ChrysCapital to sell shares. Amit Ramani holds 18.2% stake. FY21 revenue impacted by Covid19. 2022 valuation at $110 million.
The Centre is trying a solution that will allow banks to track the registered address as well as geolocation of a customer and where an OTP is getting delivered. In case of any discrepancy between the two locations, the customer can be alerted of a possible phishing attack.
Meta Platforms partners with Microsoft to share Meta Horizon OS for customized headsets. Zuckerberg aims to dominate VR and MR industry. Google and Apple pose competition in the space, with Meta Horizon OS based on Android.
Indian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North America, has fueled over a dozen acquisitions since the pandemic.
The EU on Monday launched a probe into TikTok's spinoff Lite app and threatened to suspend an "addictive" feature on it that rewards users for watching and liking videos, amid child-safety concerns. TikTok Lite users can win rewards if they log in daily for 10 days, if they spend time watching videos (with an upper limit of 60 to 85 minutes per day) and if they undertake certain actions, such as liking videos and following content creators.