BUSINESS

YouTube hikes price of its TV services to $72.99 per month
IANS -
The company shared the update on Twitter via its YouTube TV account on Thursday: "An update for our members. As content costs have risen and we continue to invest in our quality of service, we'll be adjusting our monthly cost, after 3 years, from $64.99/month to $72.99/month, in order to bring you the best possible TV service.
India's smart home security camera market grows 44%
IANS -
Xiaomi led the market in 2022 with a 33 per cent share. Tapo registered 88 per cent growth and maintained its second position in 2022 with a 17 per cent share, according to Counterpoint Research. The market remains dominated by Chinese players, with the Indian brands accounting for 23 per cent of total.
Delhi HC grants bail to Shakti Bhog Foods' CMD in money laundering case
IANS -
A single-judge bench of Justice Jasmeet Singh while granting him relief in the case said: "I have held applicant is not sick but he is entitled to bail." The Directorate of Enforcement (ED) had arrested Kumar on July 4, 2021. The central agency's money laundering probe stems from a First Information Report registered by the Central Bureau of Investigation against various others including Kumar
US banks launch $30bn rescue of First Republic to stem crisis
IANS -
Bank of America, Goldman Sachs, JP Morgan and others will deposit $30 billion in First Republic, which has seen customers yank their money following the collapse of Silicon Valley Bank (SVB) and fears that First Republic could be next, the Guardian reported. The actions of America's largest banks reflect their confidence in the.
Twitch CEO Emmett Shear quits after 16 years
IANS -
Dan Clancy, current Twitch President, will step fully into the role of CEO, effective immediately. "He cares deeply about the Twitch community, its streamers, and our staff and understands what makes Twitch, Twitch," said Shear in a blog post late on Thursday. He started on Twitch in October 2006. Sixteen years and four months later.
Turkish currency breaks record low threshold against USD
IANS -
After surpassing the resistance level of 19, $1 stood at 19.01 liras at 2 p.m. on Thursday, reports Xinhua news agency. The currency has lost about 70 per cent of its value against the greenback since the beginning of 2022. Turkish people have long been struggling against rising living costs triggered by a high inflation rate, which hit.
European Central Bank again raises interest rates
IANS -
After the rate hike, the interest rates on the main refinancing operations, on the marginal lending facility and on the deposit facility will be increased to 3.5 per cent, 3.75 per cent and 3 per cent, respectively, reports Xinhua news agency. "Inflation is projected to remain too high for too long," the central bank said in a statement on Thursday. The decision reflected the bank's determination to bring inflation down to its 2 per cent target.
PM congratulates RBI Guv for bagging 'Governor of the year' award
IANS -
Das was conferred with the award on March 15. "It is a matter of immense pride for our country that the @RBI Governor, Shri Shaktikanta Das Ji has been conferred with the 'Governor of the year' Award in the Central Banking Awards 2023. Congratulations to him," the Prime Minister tweeted late on Thursday night.
In FY 2021-22, Rs 34,742 crore collected at NH toll plazas
IANS -
Among the states, Uttar Pradesh witnessed the toll collection of Rs 4,183.74 crore while Rajasthan and Gujarat recorded Rs 3,933 and Rs 3,642.40 crore user fee collection on NHs respectively during the year 2021-22, the Union Ministry of Road Transport and Highways said in a written reply to Parliament.
Pornhub owner MindGeek acquired by Canadian private equity firm
IANS -
With the support of ECP, MindGeek said it will further its research and adoption of the latest and best available online safety protocols to ensure that it remains a world-class leader in trust and safety and "its platforms are inclusive, sex-positive spaces for adults". "In MindGeek, we have identified a dynamic tech brand that is built upon a foundation of trust, safety and compliance, and with ECP's resources and broad expertise spanning regulatory, law enforcement, public engagement and finance, we have a unique opportunity to strengthen what already exists," said Fady Mansour, founding partner, ECP.
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