The FinTech Hub
Source: Live Mint The success of India’s biggest-ever initial public offering from Hyundai Motor India Ltd came down to one key factor: a strong response from qualified institutional buyers (QIBs). But the portion set aside for retail investors, who have been driving demand in the primary market this year, wasn’t even fully subscribed. QIBs, or…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25684421/New_Ferrari_Supercar_media__4_b7f91c44_3027_4126_89ac_c75ee48fc346.jpg?w=600&resize=600,400&ssl=1 "Ferrari’s F80 uses ‘Boost optimization’ to give drivers more power where they need it")
Source: The Verge Ferrari’s new F80 hypercar can record the track it is driving on and will boost the driver at the right time during the next lap. The “Boost Optimization” feature reads the straights and curves of the circuit and, with no further action from the driver, delivers more power to its hybrid system…
Source: Bitcoinist Italian Deputy Economy Minister Maurizio Leo announced today that Italy is considering raising the capital gains tax on Bitcoin (BTC) and other crypto assets from 26% to 42%. Italy Weighs Higher Bitcoin Capital Gains Tax At a news conference on October 16, 2024, Leo stated that the Giorgia Meloni administration is contemplating a significant…
Source: Coin Tegraph Dtravel’s AI agents will bring peer-to-peer rentals to Fetch.AI’s blockchain. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25683843/philipshue1.jpg?w=600&resize=600,400&ssl=1 "Philips’ Hue app now lets you edit lighting effects")
Source: The Verge Philips is introducing four new lighting effects through its Hue app including an underwater option simulating the glimmer of light beneath the waves. The added effects are part of a new app update, spotted by Hueblog, that also introduces the ability to customize the lighting effects already available through the app, as…
Source: Venture Beat The risk of a data breach today has expanded by many magnitudes, in part due to the boom of generative AI tools. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/23932741/acastro_STK070__03.jpg?w=600&resize=600,400&ssl=1 "Instagram adds more guardrails to protect teens against sextortion")
Source: The Verge Instagram is launching several new features designed to protect teens from sextortion scams, which occur when scammers threaten to share intimate images of victims unless they receive a payment or more photos. One guardrail that’s rolling out soon will prevent people from screenshotting or screen recording disappearing images or videos sent in…
Source: Venture Beat Fighting words? Salesforce co-founder and CEO Marc Benioff took to his personal X account last night to criticize Microsoft’s AI assistant. Read Full Article
Source: Live Mint Food delivery giant Zomato on Thursday, October 17 announced that a meeting of its board of directors is slated for next week to consider raising funds via qualified institutional placement (QIP). The said meeting is slated to take place on Tuesday, October 22. “… a meeting of board of directors of the…
Source: Live Mint Instant personal loan is a type of unsecured loan which gives quick access to money with minimal documentation and fast approval, sometimes within minutes or a few hours. Instant personal loans are generally offered by banks, non-banking financial companies (NBFCs), or fintech lenders and are quite handy to address short-term financial needs,…
