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2024 November


Telcos call for prompt notification of guidelines to curb spam calls

Telcos call for prompt notification of guidelines to curb spam calls

The draft guidelines had called for mapping responsibility directly to the source of Unsolicited Business Communication (UBC), that is, “users acting in their individual capacities or as agents of entities such as banks, real-estate companies”.


Shares of drone maker Unusual Machines surge more than 100% after Donald Trump Jr. joins advisory board

Shares of drone maker Unusual Machines surge more than 100% after Donald Trump Jr. joins advisory board

“I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.”


Billionaire Larry Fink could have Trump’s ear no matter who gets Treasury job

Billionaire Larry Fink could have Trump’s ear no matter who gets Treasury job

Fink is often associated with the Democratic Party given his support for progressive Environmental Social Governance investing, but he’s close to Trump; he had managed The Donald’s vast fortune in the past and the two still talk.


SEC Chair Gary Gensler — who clashed with Wall Street and crypto industry — to step down

SEC Chair Gary Gensler — who clashed with Wall Street and crypto industry — to step down

On the enforcement front, Gensler’s SEC broke new ground with a multi-year effort focused on Wall Street’s use of text, WhatsApp and other unauthorized channels to discuss business, levying more than $2 billion in fines against dozens of firms, including JP Morgan and Goldman Sachs.


Exclusive | Amazon shoppers are being duped by manipulated customer reviews as China-based company Vevor rakes in $500M in sales: bombshell whistleblower claims

Exclusive | Amazon shoppers are being duped by manipulated customer reviews as China-based company Vevor rakes in $500M in sales: bombshell whistleblower claims

Shanghai-based Vevor, which sells everything from power tools and toys to camping gear and restaurant equipment, has been systematically creating multiple listings for identical products in a bid to sidestep negative reviews — flouting Amazon’s rules as well as US regulations on consumer protection and unfair competition, rival sellers claim.


AI could create 2.73 million jobs in India by 2028: ServiceNow study

AI could create 2.73 million jobs in India by 2028: ServiceNow study

Similarly, implementation consultants are poised to benefit significantly from the integration of GenAI, saving 1.9 hours per week as AI takes over repetitive tasks, allowing them to focus on more strategic projects, the ServiceNow report says.


No systemic risk in banking sector: Jio Financial Services’ KV Kamath

No systemic risk in banking sector: Jio Financial Services’ KV Kamath

Addressing the health of the NBFC sector, Kamath observed signs of a “pyramid” forming, with many borrowers taking multiple loans—often to repay earlier borrowings—while still seeking additional credit.


Polymarket to return to US after accurately predicting Trump win: founder

Polymarket to return to US after accurately predicting Trump win: founder

“I want to give a lot of credit to the people who fought the battle to go and legalize political prediction markets in America,” Polymarket founder and CEO Shayne Coplan told CNBC “Squawk Box” on Thursday.


Massachusetts becomes first state to allow Uber, Lyft drivers to unionize

Massachusetts becomes first state to allow Uber, Lyft drivers to unionize

Roxana Rivera, assistant to the president of 32BJ SEIU, an affiliate of the Service Employees International Union, that had spearheaded a campaign to pass the proposal, said its approval shows that Massachusetts voters want drivers to have a meaningful check against the growing power of app-based companies.


Fired CBS reporter Catherine Herridge reveals how network killed Hunter Biden story: ‘I felt sick’

Fired CBS reporter Catherine Herridge reveals how network killed Hunter Biden story: ‘I felt sick’

She added that she was surprised that “60 Minutes” — which came under fire last month for allegedly editing comments made by Vice President Kamala Harris to avoid a “word salad” answer about the Middle East conflict — had not been working with the news division to confirm her reporting.


US employers add shockingly small 12K jobs in October — the lowest total since 2020

US employers add shockingly small 12K jobs in October — the lowest total since 2020

“It appears that we are going to have to wait for another month of economic data to better gauge a prescribed path of monetary policy from the Fed.”


India rose as global player in petroleum, sugar exports in last 5 yrs: Govt

India rose as global player in petroleum, sugar exports in last 5 yrs: Govt

India's export competitiveness has witnessed healthy gains in multiple sectors -- particularly petroleum, gemstones, agrochemicals and sugar -- during the last five years, as these segments have increased their share in global trade, according to the commerce ministry data.