The FinTech Hub
Source: Live Mint NCD issue: TVS Holdings on Wednesday, October 16 announced that its board will meet on October 23, 2024, to consider raising funds through the issuance of non-convertible debentures (NCDs) on a private placement basis. The fundraising will be conducted in one or more tranches over time, aligning with the company’s strategic financial…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25263314/STK169_Zuckerberg_A_CVirginia.jpg?w=600&resize=600,400&ssl=1 "Meta is laying off employees at WhatsApp, Instagram, and more")
Source: The Verge Meta has begun laying off employees across various departments, including WhatsApp, Instagram, and Reality Labs, according to people familiar with the matter. Rather than a mass, companywide layoff, these smaller cuts seem to coincide with reorganizations of specific teams. Some Meta employees have started posting that they’ve been laid off. Among them…
Source: Coin Tegraph According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme. Read Full Article
Source: Live Mint IPO buzz: 18 out of the top 30 initial public offerings (IPOs) by size did not yield excess returns compared to the returns from the Nifty 500 index, said Bengaluru-based Capitalmind Financial Services’s in its recent report. A study on IPOs was carried out by the Bengaluru-based wealth management firm, which is…
Source: Bitcoinist Less than three weeks before the US elections, former President Donald Trump is holding steady, at least according to the betting markets. According to Polymarket, users bet on a nearly 59% chance that Trump will win over his Democratic Party rival, Kamala Harris, this November. Trump now boasts an 18-point lead, his biggest…
Source: Coin Tegraph Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said. Read Full Article
Source: Venture Beat SynthBee, started by Magic Leap founder Rony Abovitz, has raised $20 million in funding to create a new kind of “computing intelligence.” Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/23932740/acastro_STK070__02.jpg?w=600&resize=600,400&ssl=1 "Instagram’s ‘social library’ could keep track of that funny video someone sent you")
Source: The Verge Instagram appears to be working on a new “Social Library” section in the app where you can easily access things shared in chat threads, your collections, and posts you’ve liked, according to an image shared by developer and leaker Alessandro Paluzzi. Judging from the looks of the screenshot from Paluzzi, the section…
Source: Venture Beat A simple change to the attention mechanism can make LLMs much more effective at finding relevant information in their context window. Read Full Article
Source: Bitcoinist The ongoing legal battle between crypto payments company, Ripple ,and the United States Securities and Exchange Commission (SEC) is taking another significant step forward this week. Both parties are preparing to take the next move forward with their appeal process. This development could have far-reaching implications on not just Ripple, but the XRP…
