Tech Nuggets with the Technology

Wednesday, November 10, 2021

Google Loses Court Challenge Against EU Antitrust Ruling

Google suffered a setback after Europe's second-highest court dismissed its challenge to an EU antitrust ruling and EUR 2.42 billion (roughly Rs. 20,830 crore) fine in a major win for EU competition... https://ift.tt/3F3Idju

Mastercard Plans to Introduce Crypto Payment Cards Across APAC Markets

Mastercard had announced it is joining hands with Hong Kong's digital asset platform Amber Group, Thailand's crypto exchange Bitkub and Australia's trading platform Coinjar. https://ift.tt/309DUo3

Robinhood Says 1.6 Million People Now on Crypto Wallet Waitlist

Robinhood now has 1.6 million people on the waitlist for its cryptocurrency wallet, up from 1 million just a few weeks ago, Christine Brown, chief operating officer of Robinhood Crypto, said on... https://ift.tt/3H1uw6i

API Holdings, the parent company of Indian online pharmacy PharmEasy, files for a Mumbai IPO, seeking to raise as much as $843M (Julia Fioretti/Bloomberg)

Julia Fioretti / Bloomberg:
API Holdings, the parent company of Indian online pharmacy PharmEasy, files for a Mumbai IPO, seeking to raise as much as $843M — - API Holdings seeks 62.5 billion rupees in Mumbai IPO — Indian firm joins flurry of listings amid strong stock rally

Cryptocurrency exchange Huobi says it will shut down operations in Singapore by March 2022, after exiting China in September (Helen Partz/Cointelegraph)

Helen Partz / Cointelegraph:
Cryptocurrency exchange Huobi says it will shut down operations in Singapore by March 2022, after exiting China in September — All Huobi clients in Singapore should close active positions and withdraw their digital assets before March 31, 2022. — 213 Total views — 26 Total shares

UK's Supreme Court dismisses a lawsuit against Google seeking $4B for allegedly tracking iOS Safari users without their consent between 2011 and 2012 (Ellen Milligan/Bloomberg)

Ellen Milligan / Bloomberg:
UK's Supreme Court dismisses a lawsuit against Google seeking $4B for allegedly tracking iOS Safari users without their consent between 2011 and 2012 — - Supreme Court sides with Google in case seeking $4 billion — Tech giant was accused of breaching its data-collection duties

London-based MFS Africa, which claims to be Africa's largest digital payments network, raises a $100M Series C, with $70M equity and $30M debt (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
London-based MFS Africa, which claims to be Africa's largest digital payments network, raises a $100M Series C, with $70M equity and $30M debt — Investor interest in African fintech continues to grab headlines with large fundraises. Today, Africa's largest digital payments network MFS Africa joins the fray.

EU's General Court upholds a €2.42B fine against Google, levied in 2017, for abusing search engine dominance by promoting its own shopping service (Silvia Amaro/CNBC)

Silvia Amaro / CNBC:
EU's General Court upholds a €2.42B fine against Google, levied in 2017, for abusing search engine dominance by promoting its own shopping service — - Wednesday's verdict can be appealed and taken to the EU's highest court. — This is not the first time that the EU's General Court …

How to enable dark mode for Google Maps on iOS

Google announced Dark Mode for the iOS version of Google Maps a couple of months back and it is already available for users running the latest version of the app. https://ift.tt/308HNtn

Facebook user data requests from Indian government increased in 2021: Meta

India with 45,275 requests was once again second to the US in terms of asking Meta (formerly Facebook) to provide user data in the first half of 2021, and social network restricted access in India to 442 items in response to directions from the Ministry of Electronics and Information Technology (MeitY). https://ift.tt/3F0xUwv

China's gaming crackdown pushes Tencent to slowest profit growth in two years

Chinese gaming and social media giant Tencent Holdings posted its slowest quarterly profit growth in two years on Wednesday, hurt by a gaming crackdown, and said the outlook for the advertising sector would remain weak into next year. Net profit for the three months through September rose 3% to 39.5 billion yuan ($6.18 billion), the company said in a statement. This beat analyst expectations who were predicting a decline, according to Refinitiv data. https://ift.tt/3knrWOv

Smartphone maker Xiaomi switches China playbook with eye toward EV showrooms

Chinese smartphone maker Xiaomi Corp is revamping its playbook in its home country by opening thousands of new stores to spur domestic sales growth in a highly competitive market, and provide a channel for its plans to sell electric vehicles. Xiaomi opened its 10,000th store on Oct. 30, capping a promise to double its offline... https://ift.tt/3oewfwC