Manish Singh / TechCrunch:
India says it will set up a Grievance Appellate Committee with the veto power to reverse the content moderation decisions of social media companies — India will set up grievance committees with the veto power to reverse content moderation decisions of social media firms, it said today …
Jasper Ward / Reuters:
Source: Sam Bankman-Fried plans to reverse his decision to contest extradition to the US; legal experts say any trial is likely more than a year away — Former FTX CEO Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition …
Manish Singh / TechCrunch:
India’s market regulator tightens IPO disclosure norms after recent lackluster performance of tech startups; firms must disclose KPIs and past pricing details — India’s market regulator has tightened disclosure norms for firms looking to file for an initial public offering after lackluster performance …
Manish Singh / TechCrunch:
India-based Zopper, which offers insurance infrastructure APIs to banks and other financial institutions, retailers, and mobility firms, raised a $75M Series C — For more than half of a decade, Zopper built a platform for small and medium-sized businesses, helping merchants with invoicing …
Bloomberg:
Source: Elon Musk plans to become Twitter CEO after completing his $44B acquisition and reverse lifetime bans, but may eventually cede the role — Elon Musk plans to assume the role of chief executive officer at Twitter Inc. after completing his $44 billion acquisition …
Berber Jin / Wall Street Journal:
Accel, Lightspeed, Sequoia, a16z, and other firms are increasingly buying public tech stocks, capitalizing on low prices, as the private startup market stalls — Startup investors, known for making risky bets on unproven companies, are taking advantage of lower share prices following a market rout
Manish Singh / TechCrunch:
Apple confirms that a Foxconn plant near Chennai is manufacturing iPhone 14 models; locally assembled phones will be sold in India later in 2022 — Apple has started assembling the iPhone 14 models in India, it said Monday, locally producing the current lineup for the first time in the same calendar year …
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