Paytm got another big blow after RBI ban, shares fell by 20 percent

Paytm Payments Bank Limited (Paytm) is not allowed to accept deposits or top-ups in any customer account, prepaid device, wallet, Fastag, etc. after February 29, 2024, according to a Wednesday directive from the Reserve Bank of India (RBI). Paytm has been subject to action by RBI due to rule violations.

Paytm has taken yet another significant hit as a result of this RBI intervention. Shares of Paytm dropped 20% on Thursday. On the BSE, the shares dropped 20% to Rs 608.80. In contrast, it dropped 19.99 percent on the NSE and hit the day’s minimum trading limit of Rs 609 there. We would like to inform you that the company’s market capitalization (MCAP) dropped to Rs 38,663.69 crore from Rs 9,646.31 crore in the first trade.

In a statement, the RBI stated that ongoing non-compliance concerns led to the issuance of this directive. The RBI further stated that, in any event, the Paytm Payments Services “Nodal Account” shall be closed by February 29, 2024, at the latest.

Payments firm PayPal to cut about 2,500 jobs or 9% of a global workforce

Layoffs 2024: PayPal Holdings, a payments company, is considering laying off 2,500 employees worldwide in 2024, or 9% of its total workforce. CEO Alex Chriss disclosed the proposal in a letter dated January 30.

“Today, I am writing to share the difficult news that, over the year, we will be eliminating open roles and directly reducing our global workforce by approximately 9%,” Chriss stated in an official statement.

The newly appointed CEO, Chriss, wrote a letter to the staff explaining that the company had decided to “right-size” itself by eliminating unfilled positions and making direct layoffs over the year. By the end of the week, notice is anticipated to be given to the impacted staff members.

PayPal declared last week that it was pursuing features involving artificial intelligence. It was Chriss’s first significant statement since taking over as CEO of Intuit, the financial technology business that makes TurboTax, in September. Faster checkout times, AI-powered merchant recommendations for consumers, and a revamp of consumer apps are just a few of the AI features. Chriss referred to it as the start of PayPal’s “next chapter.”

OnePlus 12 and 12R will have a big launch today, devices will come with these features

Three fresh products from OnePlus will be unveiled to Indian consumers at today’s launch event. The OnePlus is set to unveil the OnePlus 12 and OnePlus 12R during this launch event. With this, the business will introduce to its customers the OnePlus Earbuds 3.

Today at 7:30 p.m., OnePlus will begin its launch event. Let us tell you that the corporation has provided information regarding the specs of all three items even in advance of their launch.

Specifications of OnePlus Buds 3

The OnePlus Buds 3 will come with two dynamic drivers. who has a 4.8-gram weight. There is a 10.4mm woofer and a 6mm tweeter included with the device. To change the volume, the new earphones include improved sliding touch controls. Splendid Blue and Metallic Grey are the two color options available for the OnePlus Buds 3.

Specifications of OnePlus 12

The OnePlus 12 is expected to be powered by Qualcomm’s Snapdragon 8 Gen 3 processor. There will be a 50W Airvooc charging unit in it. The phone can be charged without any form of cord attached. The 4th generation Hassleband camera-equipped OnePlus 12 will be released by the firm. There is a 3x periscope telephoto camera on the phone. The RAM on this phone is 16GB LPDDR5X.

Details of the OnePlus 12R

Qualcomm Snapdragon 8 Gen 2 chipset is being used in the OnePlus 12R smartphone. The 5500mAh battery that powers the OnePlus 12R phone supports 100w rapid charging. It also comes with 16GB of LPDDR5X RAM. There will be a OnePlus 12R smartphone with a Dual Cryo Velocity System from the company. A 120hz display is also included.

Google announced to extend the grace period for pilot real-money gaming

To allow developers to comply with local regulations and the company’s revised policy, Google has stated that it will extend the grace period for testing real-money gaming (RMG), daily fantasy sports (DFS), and rummy apps in India until June.

Google removed 2,500 apps from Play Store, these apps used to scam people in the name of giving loans

Cybercrime, online fraud, and scam cases are on the rise in our technological age. The government is now strictly enforcing laws against internet fraud. The central government is always coming up with new policies to manage this.

The Indian government had appealed to Google to take down fraudulent loan apps from the Google Play Store. In response to a request, Google has taken some 2,500 apps out of the Play Store.

Information regarding the apps that were taken down from the Play Store was provided by Finance Minister Nirmala Sitharaman in the Lok Sabha. The government was planning to remove fraud loan apps for quite some time, she said. In the name of providing loans, the apps that were removed made people victims of fraud.

Let us inform you that Google has modified its loan-giving app policy. Google has updated its policies. All such apps that advertise on the Google Play Store as offering loans to users will have to abide by the guidelines. Approximately 2500 of the approximately 3500 fraudulent lending apps that Google discovered have been taken down.

WhatsApp launches self-destructing voice message feature, will disappear as soon as you listen to the voice note

WhatsApp Update: For all of you, WhatsApp has released yet another new feature. Disappearing audio messages, a feature of WhatsApp owned by Meta, let users record and send voice messages that are only audible once before disappearing. This is comparable to the 2021 release of the “View Once” option for pictures and videos.

Users can send an audio message that will only play once before disappearing using a function called Self-Destructing Audio Messages. According to Meta, this functionality might improve security in talks when you wouldn’t want any digital records of the material.

“We introduced View Once for photos and videos in 2021 to add another layer of privacy to your messages. Today, we’re excited to announce that you can now send a voice message that’s audible. It will disappear after,” WhatsApp wrote in a blog post.

The recipient will be informed that they can only play these messages once before they expire via a “one-time” icon.

WhatsApp cracks down on fraudulent accounts in India, bans over 75 lakh in October

In October, WhatsApp banned a record-breaking 75 lakh fraudulent accounts in India by the new IT Rules 2021. The corporation banned “7,548,000 accounts” between October 1 and October 1.

Before any user reports, WhatsApp proactively banned over 1,919,000 of these accounts, according to its monthly compliance report.

Netflix subscribers will be able to play GTA III, Vice City and San Andreas games for free

The Grand Theft Auto Series features three hugely successful video games that Netflix is bringing to its subscription base in partnership with Rockstar Games. Netflix subscribers will be the only ones able to play GTA III, Vice City, and San Andreas on their Android and iOS smartphones and tablets for free starting on December 14.

Starting today, avid players can pre-register for their favorite game on the Google Play Store and the Apple App Store.

It should be noted that Grand Theft Auto: The Trilogy – The Definitive Edition was previously published by Rockstar Games in November 2021 for PCs and consoles. These games will now be available to Netflix subscribers for free on smartphones and tablets.

Google Registry’s new domain extension type “.meme” is now available for registration

With the recent announcement of a new top-level domain by Google Registry, you may now conclude your website with a big ol’.meme.

As part of an early access period, the new “.meme” domains can be registered right now for an “additional one-time fee.” You can pay only the base annual price if you like to wait until they become publicly accessible on December 5th at 4 PM UTC (12 PM ET).

A few websites have already adopted the.meme domain; these include nyancat.meme, and keyboardcat.meme, which are all devoted to vintage memes. The new domain was even taken up by the meme tracker knowyour.meme. Some of these “.meme” websites, meanwhile, only take you to a different platform or a.com address.

The list of unusual domain names available on Google Registry already includes .dad, .boo, and even the newly launched .ing.

Sam Altman will return as CEO of OpenAI, company informed

On Sam Altman, OpenAI has released a new update. With the most recent post from its official X handle, the company has announced Altman’s return to the company.

The corporation announced that Altman had rejoined as CEO in this update posted on the X handle.

In this post, OpenAI has announced that Sam Altman will be taking over as CEO of the firm with the new board. Bret Taylor (Chair), Larry Summers, and Adam D’Angelo are the newest members of the board.

Sam Altman wrote, “I love OpenAI,” in a post that he shared. Whatever I did in the past was to accomplish the company’s objectives and maintain this team’s unity.

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