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US Woman Gets 12 Years In Prison For $31 Million Coupon Fraud Scheme

May 24, 2022May 24, 2022 Loknath Das FESTIVAL

An American woman who elevated counterfeiting coupons to an art was sentenced this week to 12 years in prison for causing losses of $31 million to several companies, officials said Friday. Lori Ann Talens, 41, […]

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Adidas Originals sold $23 million in its first NFT drop

December 30, 2021December 30, 2021 Loknath Das MONEY

Sportswear giant Adidas Originals earned $23.5 million by selling 30,000 of Adidas’ “Into the Metaverse” non fungible tokens (NFTs) within a matter of hours of going on sale Friday. According to the Block, the company earned […]

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E.L.F. Beauty says it’s putting the $13.7 million it used to spend on stores to better use

November 8, 2019November 8, 2019 Loknath Das BEAUTY

E.L.F. Beauty Inc. says it’s putting the $13.7 million it used to spend annually to run its stores to better use in other parts of the company. E.L.F. ELF, -3.35%   announced in February that it would shutter all of […]

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iPhone XR to Account for Over Half of New Model Shipments in 2018, Apple Watch Series 4 Shipments to Reach 18 Million: Ming-Chi Kuo

September 17, 2018 Loknath Das GADGETS

HIGHLIGHTS Apple Watch Series 4 to reach 18 million shipments by 2018 end iPhone XS Max popular in China due to dual-SIM, large screen iPhone XR to account for 55-60% of total new iPhone shipments […]

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Swiggy Announces $210 Million in Funding From Naspers and DST Global

June 21, 2018 Loknath Das APP

HIGHLIGHTS Swiggy announced $210 million in Series G funding The round was led by Naspers, and sees a new investor DST Global Swiggy plans to “further augment on-demand delivery technology” Swiggy on Thursday announced Series G […]

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2.5 Million Deaths In India From Lifestyle Diseases Linked To Pollution: Study

January 4, 2018 Loknath Das LIFESTYLE

In 2015, 2.5 million of 10.3 million deaths in India due to non-communicable diseases (NCDs) are linked to pollution, according to a global study.   Pollution caused nine million deaths or 16% of global mortality–three times […]

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Android Instant Apps Now Accessible by 500 Million Devices, Says Google

August 18, 2017 Loknath Das APP

HIGHLIGHTS Google says 500 million Android users have access to instant apps Google made it open to all Android developers earlier this year It was initially announced Google I/O 2016 Google’s Android Instant Apps lets […]

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Google Assistant on Over 100 Million Devices, as DeepMind AI Develops an Imagination

July 31, 2017 Loknath Das NEWS

HIGHLIGHTS Google Assistant now on over 100 million devices DeepMind AI can use imagination to make informed decisions AI in TensorFlow can analyse food ingredients Google Assistant is a little over a year old now […]

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Russia Detains Nine ‘Hackers’ Over $17 Million Bank Thefts

February 13, 2017 sristy APP

Russia Detains Nine ‘Hackers’ Over $17 Million Bank Thefts Russia has detained nine people alleged to be part of a cybercrime ring accused of stealing some $17 million dollars from bank accounts, the interior ministry […]

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SoftBank Loses $350 Million on India Investments Including Ola, Snapdeal

February 13, 2017 sristy APP

SoftBank Loses $350 Million on India Investments Including Ola, Snapdeal HIGHLIGHTS SoftBank wrote off JPY 39.28 billion in the value of shares in its India The new set of numbers are lower than the loss […]

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