Tuesday, August 31, 2021

Tata Tigor EV Launched in India: All You Need to Know

Tata Tigor EV has been launched in India. The electric vehicle (EV) is touted to be the cheapest EV in the country. It is available in the three trims - XE, XM, and XZ+ - with a dual-tone colour... https://ift.tt/2YgOybj

South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores (Jiyoung Sohn/Wall Street Journal)

Jiyoung Sohn / Wall Street Journal:
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores  —  Seoul requires the companies to allow competing payment systems, threatening their 30% cut of most in-app digital sales  —  SEOUL—Google and Apple Inc …



Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October (Bloomberg)

Bloomberg:
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October  —  - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing  — Startup to seek valuation of more than $8 billion in the IPO



New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged (Dave Lee/Financial Times)

Dave Lee / Financial Times:
New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged  —  Grubhub vows to fight legislation as shares in European parent Just Eat Takeaway fall  —  Shares in Just Eat Takeaway …



A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain (Kartikay Mehrotra/Bloomberg)

Kartikay Mehrotra / Bloomberg:
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain  —  - Ethereum blockchain was divided by mistake in client software  — Network patch swiftly stabilized the blockchain system



Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal (Reuters)

Reuters:
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal  —  Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses …



Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...