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Velocity: Peter Thiel's Valar Ventures backed revenue-based financing startup Velocity lays off about 14% of staff

Revenue-based financing startup Velocity has laid off around 14% of its workforce, the Bengaluru-based company s cofounder and chief executive Abhiroop Medhekar wrote in a blogpost on Friday. ....

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meta: Facebook failed to control Covid misinformation due to its design, reveals study

The Covid-19 vaccine misinformation policies of Facebook, the world s largest social media platform, were not effective in combating misinformation and its overall design is more to blame for this rather than just algorithms, a new study has revealed. ....

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artificial intelligence: Gen X, Millennials eager to leverage artificial intelligence at work: Report

Meanwhile, 70 per cent of Gen Z are also eager and curious to adapt to the world of AI, the report added. ....

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fantasy sports: Gameskraft to discontinue super app Gamezy amid Rs 21,000 crore tax demand

The company was building Gamezy Fantasy as a super app for online games which hosted multiple products. In addition to fantasy sports, Gamezy also hosts rummy and is in the process of migrating its rummy users to separate apps. ....

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arm ipo: Short sellers must wait to take a stab at SoftBank's Arm Holdings soaring shares

Investors who want to short the shares of Arm Holdings may have to wait before the stock becomes available for shorting. Short sellers may have to wait until the newly-minted shares are available to borrow for shorting. Brokers typically wait at least a day after an IPO to give a locate on the shares. ....

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