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Cryptos Exhaled Over the Weekend After the Steep Price Plunge; Ola Electric Suffering the Biggest Drop in Sales: Tech Market Roundup

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Tech news

Here are some quick tech catch for you so that you stay updated with the latest crypto and tech news

Good morning Tech Fam, here’s a quick tech update for you to catch on:

What’s new today: Bitcoin was recently trading at about US$21,500, up more than 1% over the past 24 hours; Ola Electric has suffered the biggest drop in sales as customers delay purchasing EVs amid battery fire incidents.

Fast-Trach Insights: The Standing Committee on Finance summoned top executives of Amazon, Twitter, Netflix, Google, Apple, and Microsoft on the subject of ‘anti-competitive practices in the digital market.

Bitcoin was recently trading at about US$21,500, up more than 1% over the past 24 hours. The largest cryptocurrency by market capitalization plunged by more than 9% at one point Friday following an unexpectedly disappointing inflation report from Germany, Europe’s largest economy by gross domestic product, and renewed concerns about the pace of interest rate hikes in the U.S. Declines in the U.S. housing market also left already anxious investors further on-edge.

Institutional investors have stopped redeeming stablecoins and the coins’ market cap, an indicator of liquidity in the crypto market, has stopped falling. Even so, there appears to be little demand for positions to be rebuilt, Morgan Stanley (MS) said in a research report Friday.

The Standing Committee on Finance has summoned top executives of Amazon, Twitter, Netflix, Google, Apple, and Microsoft on the subject of ‘anti-competitive practices in the digital market. The panel has already held deliberations with the Competition Commission of India (CCI) and the Ministry of Corporate Affairs. There are many complaints about unfair business practices and the CCI is probing them. The panel has also spoken to the Indian technology firms, food delivery platforms like Zomato and Swiggy, e-commerce firm Flipkart as also the aggregators like Ola and Oyo.

Ather Energy and Ola Electric have suffered the biggest drop in sales as customers delay purchasing EVs amid battery fire incidents. As the government probes multiple fires in electric two-wheelers, only 1% of household consumers plan to buy an e-scooter in the next six months amid safety and performance concerns, a new report showed on Monday.

Microsoft has received numerous complaints about how difficult it is to create a collaborative worksheet, consequently, they have added this new feature “@mentions” to make spreadsheets easier to use. This feature allows users to tag their co-workers so they can edit, view, or clarify a specific section. These tags can both be inside and outside the network.

The post Cryptos Exhaled Over the Weekend After the Steep Price Plunge; Ola Electric Suffering the Biggest Drop in Sales: Tech Market Roundup appeared first on .



Tech news

Tech news

Here are some quick tech catch for you so that you stay updated with the latest crypto and tech news

Good morning Tech Fam, here’s a quick tech update for you to catch on:

What’s new today: Bitcoin was recently trading at about US$21,500, up more than 1% over the past 24 hours; Ola Electric has suffered the biggest drop in sales as customers delay purchasing EVs amid battery fire incidents.

Fast-Trach Insights: The Standing Committee on Finance summoned top executives of Amazon, Twitter, Netflix, Google, Apple, and Microsoft on the subject of ‘anti-competitive practices in the digital market.

Bitcoin was recently trading at about US$21,500, up more than 1% over the past 24 hours. The largest cryptocurrency by market capitalization plunged by more than 9% at one point Friday following an unexpectedly disappointing inflation report from Germany, Europe’s largest economy by gross domestic product, and renewed concerns about the pace of interest rate hikes in the U.S. Declines in the U.S. housing market also left already anxious investors further on-edge.

Institutional investors have stopped redeeming stablecoins and the coins’ market cap, an indicator of liquidity in the crypto market, has stopped falling. Even so, there appears to be little demand for positions to be rebuilt, Morgan Stanley (MS) said in a research report Friday.

The Standing Committee on Finance has summoned top executives of Amazon, Twitter, Netflix, Google, Apple, and Microsoft on the subject of ‘anti-competitive practices in the digital market. The panel has already held deliberations with the Competition Commission of India (CCI) and the Ministry of Corporate Affairs. There are many complaints about unfair business practices and the CCI is probing them. The panel has also spoken to the Indian technology firms, food delivery platforms like Zomato and Swiggy, e-commerce firm Flipkart as also the aggregators like Ola and Oyo.

Ather Energy and Ola Electric have suffered the biggest drop in sales as customers delay purchasing EVs amid battery fire incidents. As the government probes multiple fires in electric two-wheelers, only 1% of household consumers plan to buy an e-scooter in the next six months amid safety and performance concerns, a new report showed on Monday.

Microsoft has received numerous complaints about how difficult it is to create a collaborative worksheet, consequently, they have added this new feature “@mentions” to make spreadsheets easier to use. This feature allows users to tag their co-workers so they can edit, view, or clarify a specific section. These tags can both be inside and outside the network.

The post Cryptos Exhaled Over the Weekend After the Steep Price Plunge; Ola Electric Suffering the Biggest Drop in Sales: Tech Market Roundup appeared first on .

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