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TWITTER LOANS LOSSES
Got a Rs 7 Lakh PM Mudra loan approval asking for Rs 860? You are being scammedScammers are using fake approval letters on social media, claiming eligibility for PM Mudra loans and demanding a fee for release. The Pres...- Elon Musk’s X debt: Bank consortium sells $5.5 billion of loans amid rising investor demandPimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing influence in the US...
- User growth is stagnant, we’re barely breaking even: Elon Musk tells X employeesElon Musk has revealed that X, formerly Twitter, is struggling financially since his $44 billion acquisition. Banks are attempting to sell ...
- Elon Musk assured bankers they won't lose money on loans for Twitter acquisition: ReportAccording to a report in the Financial Times, despite Musk's assurances, seven banks that lent money to Musk - Morgan Stanley, Bank of Amer...
- Akshay Kumar pays tribute to 'production design stalwart' Nitin Desai, postpones trailer launch of 'OMG 2' by a dayDesai was found dead in his apartment at his studio in Raigad, Maharashtra. He was undergoing some financial problems and had defaulted on ...
- Karnataka HC dismisses Twitter plea on takedown orders; startup funding drops over 70% this yearTwitter faced disappointment in the Karnataka High Court today when its plea challenging the Central government’s orders to block certain a...
- Hacks, exploits cause over $100 mn in crypto losses in April: ReportThe total value of cryptocurrency lost due to hacks, scams and exploits in April 2021 was $103.7m, according to blockchain security firm Ce...
- Elon Musk faces difficult choices on Twitter payments: reportAccording to a Financial Times report, The first instalment of interest payments on $13 billion of debt he used to fund the takeover could ...
- Elon Musk's banks to book Twitter loan losses, avoid big hits: sourcesTwitter's lenders, led by Morgan Stanley, could face billions of dollars in losses if they tried to do so now, as investors shy away from b...
- Oaktree's Howard Marks sees 'great bargains' coming as recession loomsCredit markets have seized up as the Federal Reserve hikes rates at the fastest pace since the early 1980s. Banks that agreed to backstop l...
- Indian crypto investors want more transparency; Twitter sacks thousands of contractorsThere have been widespread calls for more transparency in crypto since FTX, one of the world’s biggest crypto exchanges, collapsed last wee...
- Here’s why Elon Musk’s talk of a Twitter bankruptcy is prematureIt may be nothing more than a scare tactic as he moves aggressively to reshape the company by slashing staff, shaking up its operations and...
- Elon Musk warns Twitter bankruptcy possible if cash burn doesn’t stopThe warning came amid a tumultuous start to Musk’s reign at the social media company -- a two-week period in which he has fired half of Twi...
- Amazon to close seller firm Appario; ‘Chief Twit’ wastes no time in revamping TwitterIn April, Amazon shut down Cloudtail – once the largest seller on its India marketplace – after the Indian government introduced tighter fo...
- Banks forced to hold on to Twitter deal debtMusk agreed to pay $44 billion for Twitter in April, before the Federal Reserve started raising interest rates in a bid to fight inflation....
- Elon Musk's banks may have a way to cut losses from Twitter dealAfter engaging in a weeks-long court battle trying to get out of it, Musk abruptly decided he would close on his deal on the original terms.
- Byju’s FY21 losses balloon to Rs 4,588 crore; ED searches Paytm, PayU officesLast month, the ministry of corporate affairs (MCA) sent a communication to edtech giant Byju’s, asking it to explain the more than 18-mont...
- Billionaire Elon Musk shares long-term investment adviceMusk advised people to buy stocks in companies that make products and services they believe in.
- Can Elon Musk make Twitter more profitable?Even if Twitter's business prospects may not be his top concern, the world's richest man will be looking to at least not lose money, especi...
- Radical Sikh outfits, Pakistan-based Twitter handles fomenting trouble: Rawat on farmers' stir"I am sure those agitating against the new farm laws will be at a loss if challenged to prove how they are harmful to farmers," Rawat said ...
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