Chinese smartphone giant Xiaomi faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its business practices.Read More
Facebook-owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday.Read More
A severe drop in crypto prices this year has also impacted several crypto exchanges with stringent job cuts being announced. But some exchanges have managed to buck the trend, and are expanding operations even as markets tumble.Read More
India’s financial crime fighting agency, the Enforcement Directorate, has reportedly asked a court to re-instate a freeze on $725 million in the Indian bank accounts of Xiaomi as it investigates fund transfers by the Chinese smartphone giant.Read More
The Central government on Sunday banned 35 WhatsApp groups for allegedly spreading fake news on the Agnipath Scheme and the Agniveers, government sources said. The action was taken by the Ministry of Home Affairs (MHA).Read More
Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.Read More
ED froze Xiaomi’s $478 million (roughly Rs. 3,699 crore) worth of deposits in local bank accounts as part of an investigation into alleged tax evasion, according to sources. The freeze by the income tax department was cited by Xiaomi in a May 4 court filing in southern Karnataka state.Read More
Telegram Premium has been started rolling out to users. The paid subscription brings additional features including access to up to 4GB file uploads, faster downloads, and new stickers. Telegram also announced that its active monthly user base has been increased to 700 million users — from 500 million users in January 2021.Read More
The overall crypto market has dropped dramatically in value now that individual assets are failing to rope-in investments. Along with BTC and ETH, Binance Coin, Solana, and Cardano saw losses on Friday, June 17. DOGE and SHIB also continued to be impacted by losses.Read More
Redmi Note 11T and the Redmi Note 11T Pro are all set to launch in China this month. Besides, Poco is reportedly gearing up to launch new smartphones along with Poco M4 5G globally. Ahead of any official announcement, the purported Poco smartphones were spotted on the FCC website. The model numbers suggest that these…