Burn

As hopes of an early resolution to regulatory troubles dimmed, shares of One 97 Communications, which runs Paytm, fell up to 9% to the day's low at Rs 408 on BSE on Friday. Today's decline comes after the stock ended Thursday's session in 10% lower circuit.While talking to reporters at the end of the monetary policy committee meeting on Thursday, RBI officials maintained their tough stance against Paytm saying that the action was taken after persistent non-compliance and that the fintech was given enough time to take…

Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at Brex’s latest round of layoffs, the state of fintech investing in 2023 and more! I may be taking some time off in coming weeks but never fear, TechCrunch Fintech isn’t going away. We’ll be back soon! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here. The big story What goes up must come down. For spend…

Apple is on a roll when it comes to having its hand forced by state entities and governing bodies: Alternative payment methods, stripping features from existing hardware, allowing alternate app stores and genuine browser default competition – everywhere you turn it seems to be satisfying some reversal, owing either to trial judgements not going its way or to lawmakers regulating its preferred way of doing business out of existence. Apple does not enjoy this, which should surprise exactly no one. What should be a tad…

Booker-shortlisted author Jonathan Escoffery and Guardian Ireland correspondent Rory Carroll and are among those shortlisted for this year’s Gordon Burn prize, which aims to champion the year’s “boldest and most innovative” books.Quick GuideThe Gordon Burn prize 2023-24ShowThank you for your feedback.Novels, short stories, memoirs and history books appear on the list, with stories that range from the IRA’s efforts to kill Margaret Thatcher to an Inuk girl growing up in the Arctic.The shortlist features seven titles for…

Whether it’s from reading Patricia Highsmith’s original 1955 novel, or seeing any of the films inspired by it, we’re all familiar with at least some of the beats from The Talented Mr. Ripley. But even if you’ve been a fan of all the past Ripley adaptations, Netflix’s new series from writer / director Steven Zaillian looks like it’s going to be something inspired.Set in 1960s New York City, and cities across Italy, Ripley tells the tale of Tom (Andrew Scott), a talented and cunning man whose relatively ordinary life starts…

If you have a fireplace in Southern California, experts are asking you not to use it. A no-burn alert has been extended at least through Wednesday as much of the region sits beneath an atmospheric soup of haze and pollutants.The alert was issued Monday by the South Coast Air Quality Management District for the non-desert parts of Los Angeles, Orange, Riverside and San Bernardino counties. The alert bans any burning of wood or manufactured fire logs made of wax or paper due to poor air quality in the region.Current…

CAPE CANAVERAL, Fla. (AP) — A U.S. company’s lunar lander will soon burn up in Earth’s atmosphere after a failed moon shot.Astrobotic Technology said its lander is now headed back toward Earth from the vicinity of the moon. Company officials expect the mission to end Thursday. Astrobotic is working with NASA to track the lander’s path and said it should pose no safety risk during its fiery reentry.The lander, named Peregrine, rocketed from Cape Canaveral last Monday. It quickly developed a fuel leak that forced Astrobotic…

The crippled Peregrine Moon Lander is heading back toward Earth, and is expected to burn up in the Earth's atmosphere on January 18, 2024. This is the conclusion of the latest tracking data from Astrobotic’s Mission Control Center.Now 242,000 miles (289,000 km) from Earth, Peregrine Mission 1 continues to be one of the most successful failures in space exploration. The lift off that was also the maiden flight of a new class of heavy rocket went off flawlessly, the onboard systems and the raft of experiments are powered up…

It looks like the Peregrine lunar lander’s final resting place will be back at home where it started. The doomed spacecraft, which experienced an anomaly shortly after launch and has been leaking propellant ever since, is expected to burn up in Earth’s atmosphere, Astrobotic wrote in an update on X this weekend. The company plans to host a press conference with NASA on Thursday January 18 at 12PM ET to discuss the lander’s fate.Peregrine has so far hung on much longer than anyone thought it would after the leak was first…

Lamborghini announced new telemetry features that allow supercar owners to better keep track of their very fast vehicles — and themselves.The automaker unveiled Telemetry X, its new real-time performance and biometric data-tracking system, at CES in Las Vegas. The system consists of several features, including Remote Garage, Biometric Data, and Digital Co-Pilot, aimed at letting wealthy supercar owners keep better track of their laps.Remote Garage is basically a remote coaching feature, enabling a 5G cellular connection…