X will allow blocked users to see your posts, Elon Musk says ‘high time this happened’
X, owned by Elon Musk, will permit blocked users to view posts from their blockers without engaging. Musk has long opposed the block feature, advocating for a mute option instead, while maintaining that users can still block accounts for peace of mind. Key Points
mintMajor Sites Are Saying No to Apple’s AI Scraping
This summer, Apple gave websites more control over whether the company could train its AI models on their data. Major publishers and platforms like The New York Times and Facebook have already opted out. Key Points
WIREDIndia's IndiGo co-founder Gangwal to sell airline's shares worth $450 million, report says
BENGALURU (Reuters) - Rakesh Gangwal, co-founder of Indian carrier IndiGo, will sell a stake of up to 3.3%, worth 37.3 billion rupees ($451 million), in operator Interglobe Aviation through a block Key Points
ThePrintblock shares soar as Street lauds strong 2024 forecast, buyback plans
Block's (SQ.N) shares jumped nearly 18% before the bell on Friday and were set to open at their highest since mid-September, rallying on the payments firm's better-than-expected earnings forecast for 2024 and a $1 billion stock buyback plan. Key Points
Reutersblock shares surge 19% on better-than-expected Q3 revenue amid resilient spending
Payments company block (SQ.N) beat estimates for third-quarter revenue on Thursday, helped by resilient spending from consumers who brushed off fears of an economic downturn, sending shares up 19% in aftermarket trading. Key Points
Reuters
Elon Musk believes, “There are no great social networks.” Aims to build the greatest!
Elon Musk says that there are no great social networks in a recent tweet. He aims to build the best platform amid rows over removing the block feature. Key Points
mintOVL gets 3 more years for exploring Vietnamese oil block in South China Sea
OVL had signed a production sharing contract with PetroVietnam for a deepwater exploratory block in offshore PhuKhanh Basin, Vietnam, in May 2006. Vietnam's ministry of petroleum & industries had issued the investment licence in June 2016. Key Points
mintOVL seeks another 3-yr extension for Vietnamese oil block in South China Sea
India's flagship overseas firm ONGC Videsh Ltd has sought another three-year extension to explore for oil and gas in a Vietnamese block in the contested waters of the South China Sea, officials said. If granted, this will be the eighth extension for OVL, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC). Key Points
Economic TimesHindenburg shorts Jack Dorsey’s payments firm Block, shares plunge
Hindenburg Research on Thursday disclosed short positions in block Inc and alleged that the Jack Dorsey-led payments firm overstated its user numbers and understated its customer acquisition costs. Shares of block slid 20% to $57.85 in premarket Key Points
FinancialexpressHow to block spam calls and enable DND on Jio, Airtel and Vodafone-idea in simple steps
Telecom operators including Jio, Airtel, Vodafone-idea and BSNL allow users to block spam calls and messages from select sectors. Here’s how you can activate Do Not Disturb (DND) on your mobile number. Key Points
India Today
'A friend was dropping us back home when a cement block..': Bengaluru man’s harrowing experience while driving at wee hours
The cement block hit the windshield of his car, causing it to shatter. The man was not injured in the incident, but he was very shaken up. Key Points
Business TodayJSW Steel announces selection as ‘preferred bidder’ of mining lease for iron ore in Goa
The two blocks are VI- Cudnem-Cormolem Mineral Block, and IX-Surla-Sonshi Mineral block in North Goa, with projected iron ore resources of 9.77 MMT and 65.73 MMT. Key Points
FinancialexpressData crucial for success of Aspirational block Programme: Niti CEO
Addressing an event here, Subrahmanyam further said through the implementation of the Aspirational block Programme, the goal of the government is to saturate the 500 blocks, with every development initiative that the government of India is implementing. Data is very very crucial for the success of the Aspirational block Programme. There is a need to make data visually available to aid decision-making, he said. Key Points
Economic TimesHow will the proposed ASBA-like facility change stock trading?
Under the proposed settlement mechanism for stock trades, investors' funds will effectively leave their bank accounts only after trades are completed. This will eliminate the need to transfer funds to the stockbroker. Also, investors will do direct settlement with the clearing corporation of the stock exchanges. Key Points
Economic TimesAdani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?
Star Health Insurance was the top loser and the stock fell 8.8% over the week. Overall 12 block deals were executed worth Rs 668 crore, according to a Nuvama report. Over 1.21 crore shares changed hands at an average price of Rs 551, this report said. Key Points
Economic Times
No plans to sell SUUTI stake in ITC, says DIPAM Secy
As on December 31, 2023, Specified Undertaking of Unit Trust of India (SUUTI) held around 7.82 per cent stake in the diversified conglomerate ITC. Key Points
mintBig block deal in Vedanta. Is GQG buying stake from promoter?
US-based GQG Partners is in talks to buy a stake in Vedanta. A big block deal worth over Rs 2,600 crore took place in Vedanta. The stake sale could be part of the Anil Agarwal-led mining companys efforts to raise capital to repay debt. Key Points
Economic TimesGovernment to build foodgrain godowns in every block
The scheme will utilise funds already allocated for other schemes, Thakur said. Under this scheme, a godown of a capacity of 2000 tonnes will be constructed in every block, or district subdivision. An inter-ministerial committee will be formed for this. The initiative will help reduce damage of foodgrains due to a lack of storage, check distress sales by farmers, reduce import dependence, and create employment opportunities in rural India, the minister said. Key Points
Economic TimesJack Dorsey’s wealth tumbles $526 million after Hindenburg short
International Business News: Dorsey’s fortune plunged by $526 million on Thursday, his worst single-day decline since May. He’s now worth $4.4 billion after the 11% drop, accordin Key Points
Times Of IndiaDorsey-led block reports rise in second-quarter revenue
Block Inc (SQ.N) reported a rise in second-quarter revenue on Thursday as payment volumes at the fintech giant led by Jack Dorsey held up against a tough economic backdrop. Key Points
Reuters
Today’s Cache | E.U. regulators target Google’s ad-tech business; FTC looks to block Microsoft-Activision deal; Centre denies CoWIN data breach
News snippets for E.U. regulators planning to demand Google sell part of its ad-tech business, U.S. FTC looking to block Microsoft’s Activision deal, and the Health Ministry in India denying CoWIN data breach. Key Points
The HinduStocks in news: Sona BLW Precision, GAIL, Nalco, Apollo Pipes
Mahindra & Mahindra has offloaded 6.05% equity representing 2,28,80,000 shares in its associate company Mahindra CIE Automotive through a block deal on Monday. Key Points
Economic TimesHow to track and block your lost smartphone online: A step-by-step guide
Users who have lost their phones can block their device temporarily using the IMEI number on the platform. Once blocked, the handset will not work on any network. Key Points
mintIndiGo Co-founder Rakesh Gangwal sells stake worth over Rs 7,000 crore in block deal: Report
Rakesh Gangwal, co-founder of IndiGo, likely sold 6.7% equity worth over Rs 7,000 crore in a block deal. IndiGo reported Q3 net profit of Rs 2,998 crore with revenue of Rs 19,452 crore. Passenger numbers grew 23% YoY with a load factor of 85.8%. Key Points
Economic TimesDelhi HC dismisses govt appeal accusing Reliance of 'fraud, unjust enrichment of over $1.729 billion' for
The Delhi High Court dismissed the Indian government's petition that accused Reliance Industries and its partners of insidious fraud and a unjust enrichment of $1.729bn by siphoning gas from deposits they did not have the right to exploit. The government had demanded $1.47bn from RIL in 2014 for draining and selling gas that migrated from neighbouring ONGC blocks that share borders with RIL's block. However, the RIL-led consortium including UK-based BP and Canada's Niko Resources was cleared by the International arbitration award on July 24, 2018. Key Points
Economic Times
Most Top News Sites block AI Bots. Right-Wing Media Welcomes Them
Nearly 90 percent of top news outlets like 'The New York Times' now block AI data collection bots from OpenAI and others. Leading right-wing outlets like NewsMax and Breitbart mostly permit them. Key Points
WIREDOver the top by Meraj Shah: Michael block learns to rock
A club pro lives the dream. A Major Champion wakes up. Key Points
FinancialexpressDog bites 14 people over 16 hours in Jalaun
The dog bit eight people on Thursday night in a residential colony of block development. Among its victims were the block secretary, his driver, and his assistant. Key Points
Hindustan TimesU.S. judge temporarily blocks Microsoft acquisition of Activision
A U.S. judge granted the FTC’s request to temporarily block Microsoft’s acquisition of Activision Blizzard. Key Points
The HinduStocks in news: Patanjali Foods, Samvardhana Motherson, Indian Oil, Vedanta
Japanese promoter company Sumitomo Wiring Systems will likely sell 3.4% stake in Samvardhana Motherson International Ltd through a block deal on Thursday, according to reports. Key Points
Economic Times
Bulk and block deals worth over Rs 8,400 crore this week. Piramal Enterprises, Airtel top charts
Investors Shah Rakesh and Satpal Khattar sold shares worth Rs 697 crore and Rs 510 crore, respectively in Eric Lifesciences and IIFL Finance. Meanwhile, HDFC Mutual Fund and BNP Paribas Arbitrage bought shares worth Rs 94 crore and Rs 51 crore in Eric Lifesciences and CEAT. Key Points
Economic TimesHere is how you can find out if someone has blocked you on WhatsApp
Here is how you can find out if someone has blocked you on WhatsApp. To learn more, read the full story on The Hindu. Key Points
The HinduStocks in news: Inox Wind, Coal India, 360 One Wam, SBI Life, IRCTC
Promoters Inox Wind Energy and Devansh Trademart have sold 4.5% and 2.8% stake each in Inox Wind through block deals at a weighted average price of Rs 208 a piece. Key Points
Economic TimesSome Mumbai residents risk safety for affordable, central housing
*Photo essay: https://reut.rs/45ggGsd Key Points
Reuters'Bee-pocalypse': New York City block buzzes with bees
A viral video shows a swarm of bees taking over a block in New York City. Watch the video inside. | Trending Key Points
Hindustan Times
Who is Amrita Ahuja of block Inc named in Hindenburg report
The daughter of Indian immigrants, Amrita Ahuja is the CFO of Jack Dorsey-led block Inc. Hindenburg Research in its report on Thursday alleged that Amrita Ahuja dumped millions of dollars in stocks during the pandemic. Know more about Amrita Ahuja. Key Points
India TodayCabinet decisions: Fresh metro rail boost to Delhi-NCR, petro MoU with Bhutan get nod
Under the new plan, two corridors will link Lajpat Nagar to G block in Saket and Inderlok to Indraprastha. The combined length of the project will be approximately 20 km. Key Points
Economic TimesIndian government blocks 100 websites for offering fake jobs, here are the details
In a robust response to the escalating threat of cybercrime, the Ministry of Electronics and Information Technology (MeitY) in India has implemented stringent measures to block more than 100 websites involved in task-based part-time job scams. Here are the details. Key Points
India TodayX to get rid of ability to block accounts: Elon Musk
Twitter, now called X, will remove the ability to block accounts, according to owner Elon Musk. Blocking will still be possible for direct messages. Key Points
Hindustan TimesNykaa surges 8% on reports of block deal worth Rs 75 crore
Shares of Nykaa jumped 7.86% on reports of 5.54 million shares changing hands in block deals worth Rs 75 crore. Key Points
Financialexpress
Zomato shares fall over 4% on large block deal, down 10% from record high
Shares of Zomato, a leading food delivery major, tumbled 4.6% in early trade on Wednesday, reaching ₹158.25 apiece. This downturn came after 19 crore shares, or 2.2% of the total equity of the company, changed hands in a block deal window. Key Points
mintVedanta in talks to sell partial stake to Rajiv Jain’s GQG Partners for $1 billion: Report
The final talks for the potential stake sale have reportedly already taken place. The transaction too might take place in a few days in the form of a block deal. Key Points
Business Today'Operating illegally': India's Financial Intelligence Unit asks IT Ministry to block URLs of Binance, 8 others
Besides Binance, notice has been issued to Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex. Key Points
Business TodayIndiGo share price dips over 4% as Gangwal family sells stake via block deal
IndiGo block deal was said to happen at a floor price of ₹2,400 each, a 5.8% discount to Monday’s close of ₹2,549. Key Points
mint