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Paytm: Elevation Capital’s massive gamble on Paytm backfires

Elevation Capital, the largest institutional shareholder in One 97 Communications-- owner of digital payments brand Paytm-- is staring at a massive erosion in the worth of its holding, amid a free-fall in the shares of the beleaguered company following the regulatory ban on its payment bank operations that comes into effect on March 15.The Ravi Adusumalli-led fund’s 15% stake in One 97, which was valued at about Rs 6,100 crore when the post-IPO lock-in expired in November 2022, had shrunk by nearly 40% to Rs 3,800 crore…

Woman Confronts Man For “Staring” At Her At The Gym While She’s Working Out, But It Backfires

We all know that person who seems to think the world revolves around them, and nothing is more satisfying than watching them get a reality check. That’s probably why a recent viral post from TikToker Sir Carter has reached over 10 million views and nearly 2 million likes.In the post, the Seattle-based content creator with more than 4 million followers catches a girl at the gym on camera when she asks him to stop staring at her. While filming himself singing, the other gym-goer approaches Sir Carter and can be heard…

Engineer Decides To Nap Instead Of Working, Soon The Plan Backfires And Leaves Him Embarrassed

Time management can be tricky and in situations such as task overload at work, one’s solutions to it may be out of the ordinary and sometimes not acceptable to others.At least this is what this Redditor experienced when he tried to deal with sleep deprivation from working at night by taking half to one-hour-long naps under his office desk until he was discovered by his manager.More info: RedditA civil engineer who was reviewing work reports during the night got caught napping under his deskShareImage credits: cottonbro…

Boss Introduces New Time Tracking Tool To “Avoid Time Manipulation,” It Backfires

There are a handful of situations that can benefit and sometimes even require time tracking. However, the level of meticulousness required to track time can often be beaten by the level of micromanaging that a boss decides to invoke upon their poor employees.This one boss decided that his employees need to avoid manipulating timesheets and has thus decided to implement a time tracking tool with certain rules in place. Little did he know, however, that one of his teams was crafty and cunning, and hence went with…

Woman Tries To Shame Man Who Slammed Her For Wearing “Painted Pants” To The Gym, But It Backfires

In a bold move, influencer Natalie Reynolds faced criticism after donning painted-on pants for a social experiment at the gym, leading to an unexpected clash with a man, ultimately sparking a viral debate on appropriate workout attire.The 25-year-old influencer and Kick streamer has regularly hit the headlines for her controversial behavior. But her latest endeavor may have taken the cake.In a livestream on December 27, Natalie decided she would partake in what she said was a “social experiment” by wearing body paint to…

Viral Tweet Attempting To Mock Pierce Brosnan’s Wife Backfires As People Slam Body-Shaming Troll

A man’s viral X post (formerly known as Twitter) body-shaming Pierce Brosnan’s wife completely backfired.The man who hides behind a picture of a person wearing a mask, as well as the moniker “Rx Redpill” on X, attempted to shame 60-year-old model, journalist, and producer Keely Shaye Smith, who has been married to the 70-year-old James Bond star since 2001.The anonymous troll, based in Austin, Texas, who is a self-described “men’s rights educator”, took to his X profile to share pictures of the couple, who share two…

Copyright claim against Tolkien estate backfires on Lord of the Rings fanfiction author | JRR Tolkien

A Lord of the Rings fanfiction writer has lost a copyright lawsuit over the publication of his own sequel to the much-loved series after opening up a counterproductive legal battle against JRR Tolkien’s estate.The US-based author Demetrious Polychron published what he described as the “pitch-perfect” Lord of the Rings follow-up in 2022, titled The Fellowship of the King. He planned for the book to be the first of a seven-part series inspired by the franchise.But the following April, Polychron attempted to sue the Tolkien…

Joy Ride: Critic’s ‘embarrassing’ review ironically backfires

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeOne critic’s harshly-worded review of Adele Lim’s directorial debut has ironically backfired.Lim’s raunchy new comedy Joy Ride stars an all-Asian lead cast of Oscar-nominee Stephanie Hsu, Ashley Park (Emily in Paris), Sherry Cola and Sabrina Wu, as four friends who embark on an epic, no-holds-barred trip throughout Asia. Although, what’s intended to be a journey of self-discovery, soon…

Netflix axes its basic plan in Canada, IRL shuts down and Shein’s influencer stunt backfires

It’s that time of week again, folks. Welcome to Week in Review (WiR), TechCrunch’s regular digest of the past week in tech. New here? Not to worry — sign up here to get WiR in your inbox every Saturday, then read on for the week’s recap. This week, we’re covering Netflix quietly axing its basic plan in Canada, the IRL social app shutting down after it was discovered that most of its users were fake and the blockbuster sales of the Flipper hacking device. Also in store, TC has reporting on Lenovo’s Yoga Book 9i…

One More ‘Guardians of the Galaxy’ Star Flees the MCU as Sony’s Attempt to Save Its Spider-Man Universe Backfires

Image via Marvel Studios As we prepare for Guardians of the Galaxy Vol. 3 to arrive in a week and a half’s time, James Gunn is getting surprisingly loose-lipped — or whatever the equivalent is for typing… loose-fingertipped? — on Twitter by letting slip a major revelation about a surprising casting shake-up. Although that’s nothing compared to another member of the cast confirming they’re out of the MCU following the threequel. Elsewhere, Marvel fans go right back to the beginning to contemplate the ultimate…