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Facebook Agreed to Pay $725 million to settle Cambridge Analytica Case

27Dec By AnkitaNo Comments

News

Facebook Agreed to Pay $725 million to settle Cambridge Analytica Case

California, 25th Dec, 2022: World's leading social media platform Facebook has agreed to pay $725 million to settle a lawsuit alleging that facebook allowed sharing of millions of its users' personal information to Cambridge Analytica. Terms of the settlement reached by Meta Platforms, the holding company for Facebook and Instagram, were disclosed in court documents filed late Thursday. It will still need to be approved by a judge in a San Francisco federal court hearing set for March. The case sprang from 2018 revelations that Cambridge Analytica, a firm with ties to Trump political strategist Steve Bannon, had paid a Facebook app developer for access to the personal information of about 87 million users of the platform. That data was then used to target U.S. Voters during the 2016...

8Nov By AnkitaNo Comments

INDIA

India made drug 2DG can reduce heart damage caused by Coronavirus

Washington, Nov 8, 2022: 2DG, a drug developed by the Indian defence unit Defence Research and Development Organisation (DRDO) may reverse the heart damage caused by a protein in the SARS-CoV-2 virus, a study conducted in fruit flies and mice has found. Researchers from the University of Maryland identified how a specific protein in SARS-CoV-2, the virus responsible for COVID-19, damages heart tissue. They then used the drug, called 2DG, to reverse the toxic effects of that protein on the heart. Developed by Dr Reddy's Laboratories in collaboration with DRDO, 2DG is an oral drug. The SARS-CoV-2 virus depends upon glycolysis or breakdown of glucose for energy. The drug hinders the process of glycolysis and prevents the growth of the virus. "Our research shows that individual SARS-...

Rising mortgage rates slow down home sales in US

19Oct By AnkitaNo Comments

USA

Rising mortgage rates slow down home sales in US

SEATTLE, Oct. 19, 2022 -- The housing market continued to cool in September, though rebalancing from monumental appreciation is producing vastly different conditions depending on region and metro, according to latest market report. Affordability issues are driving the pullback in activity; steep prices mixed with high and volatile mortgage rates have stunted sales and frozen current owners in their homes, reducing the flow of new inventory. Current homeowners are looking at home prices and the mortgage market and deciding to stay put. Among home sellers, 71% are also buyers. Homeowners who either bought or refinanced at record-low rates over the past two years understand that current rates are going to yield a lot less home than they're currently in unless they seek out a much mo...

2Jun By AnkitaNo Comments

BLOGS

Office Effects of Covid-19

It’s certain that in the past few years, everyone had to adapt to major changes at a rapid pace. One of the biggest changes that happened was the long-running quarantine due to the Coronavirus pandemic outbreak. Companies had to migrate to online platforms, and employees had to get used to remote work. This not only changed the internal operations of companies and the personal lives of the employees but also affected office politics. What is Office Politics? Office politics (also known as workplace politics or organizational politics) is the behavior in human interactions that involves power and authority. It is a tool to assess operational capacity, and also balance diversity in the office. The bigger your company is, the more likely it is that you have to master the murky wa...

Elon Musk and Twitter Closes deal for $44 billion

25Apr By AnkitaNo Comments

News

Elon Musk and Twitter Closes deal for $44 billion

Twitter is in advanced discussions to sell itself to Elon Musk and could finalize a deal today on Monday, people familiar with the matter said. The two sides worked through out the night to get out a deal that would be valued at $54.20 a share, or $44 billion, the people said. Assuming there isn’t a last-minute snag, the deal is expected to be announced after the market closes on Monday. It’s not clear why the total value of the deal has increased slightly from prior expectations, but it could be related to an updated share count. Elon Musk on April 14 offered a bid to buy the company without saying how he would pay for it, calling it his "best and final" offer. Twitter had been expected to rebuff the offer, and put in place a so-called poison pill to block him from increasing hi...

Welo App – A Virtual Workspace Company Backed By Atlassian and Zoom

3Apr By AnkitaNo Comments

FUNDING

Welo App – A Virtual Workspace Company Backed By Atlassian and Zoom

BOSTON, 3rd April, 2022-- Welo App, the shared virtual workspace platform announced that it has received investments from Atlassian Ventures and the Zoom Apps Fund, making it a company to watch in the burgeoning video communications ecosystem. Welo connects geographically distributed colleagues by allowing users to move naturally around a shared virtual space. Colleagues can reach out for a quick 1on1 chat, or engage as a team to collaborate on projects. “As online work becomes a bigger part of our lives, it is crucial to give people the flexibility they need to make video meetings efficient and meaningful,” said Cliff Pollan, Welo’s Co-Founder. “These investments support Welo’s mission to improve productivity and revive culture in the distributed work paradigm.” Video communication...

26Mar By AnkitaNo Comments

ANALYSIS

Performance Enhancing Drugs In Esports

In the ever-growing world of competitive gaming, Esports is starting to face an issue that many would not expect to come out of the gaming world. Performance-enhancing drugs in Esports would not be your first sports betting pick if you had to choose a sport for there to be an issue with performance-enhancing drugs. But it is becoming a bigger concern in Esports and one that needs to be addressed. Effects of Using PEDsNow we already hit on why esports players use these different drugs to enhance their performance, but the true risk lies in the health concerns of prolonged use of these drugs without the physical need of them. Outside of the performance enhancement aspect of PEDs, use can lead to addiction, overdoses, serotonin syndrome, and severe weight loss. These can be very dan...

The Rising Popularity of College Esports

25Feb By AnkitaNo Comments

Story

The Rising Popularity of College Esports

Anyone remotely familiar with modern gaming has heard that the popularity of esports has grown rapidly over the last ten years. Esports isn't gaming like playing in your favorite online casino but is organized gaming between individuals or teams that compete for cash playing popular online video games. Esports is one of the fastest-growing activities on college campuses, with universities across the U.S. launching programs for esports at an ever-increasing rate. Many of these programs started as campus clubs run by students but see increased participation in one of the many organized leagues. As a result, the activity is seeing increased support from colleges and universities. It is set to become a mainstream extracurricular activity like other college sports. Universities ...

Esports Growing In High Schools Everywhere

25Feb By AnkitaNo Comments

USA

Esports Growing In High Schools Everywhere

The numbers surrounding video gaming and Esports are very eye-raising as they become more and more popular. Video games were once just a form of entertainment and they have now evolved into such a worldwide phenomenon that is bringing in billions of dollars of revenue a year, and that’s just off the game playing and Esports alone! And since 2018, the growth of Esports has even found its way into the realm of competitive high school sports. The odds of your local high school having an Esports club or an Esports team is probably much better than your March Madness odds. But how and why did high schools get into Esports? And what does Esports look like at the high school level? Let’s dig in and find out. Roots in Student Interest The growth of Esports in high schools across the ...

A Few Tips on How to be Cyber Smart in 2022

10Feb By AnkitaNo Comments

Tech

A Few Tips on How to be Cyber Smart in 2022

Cyber safety has become one of main priorities in the last couple of years, not only for big companies, but for common people too. Due to COVID-19 pandemics, almost all the work had to be done online which led to many cyber frauds and thefts, as people were not prepared for that. Now, at the beginning of 2022, it is important to be remind ourselves of the importance of reducing cyber risk as much as possible. Choose Long Passwords Although electronic services and social networks usually accept passwords from 6 characters, experts advise using passwords that are at least 10 characters long and that combine upper and lower case letters, numbers and special characters. We can use a phrase as a password (never personal information such as names or dates), but it is important that it...

What Are the Most Common Types of Online Gambling?

6Dec By AnkitaNo Comments

BUSINESS

What Are the Most Common Types of Online Gambling?

As smartphones came into the technological picture of our gadgets, online gambling started growing in popularity. Indeed, there aren’t many differences between games in land-based casinos and online ones, but the way we can access them made a difference. We’ve prepared an easy guide for you to get better acquainted with the different types of online gambling to choose which one suits you best. Also, we’ll point out the main advantages of online casinos that you can’t quite find in land-based ones. The most common types of online gambling People worldwide have gone crazy for online casinos mostly because they can claim bonuses, most of which are no deposit ones. At NetBet, for example, you can claim your bonuses through the NetBet bonus code and enjoy lucrative bonuses...

15Nov By AnkitaNo Comments

ACQUISITION

Uber Freight Completes Acquisition of Transplace

SAN FRANCISCO & FRISCO, Texas-- Uber Freight, a subsidiary of Uber Technologies, Inc. (NYSE: UBER), announced that it has completed the acquisition of Transplace from TPG Capital for approximately $2.25 billion in an all-cash transaction. As partial financing for this transaction, Abu Dhabi Growth Fund (ADG), D1 Capital, and GCM Grosvenor invested $550 million in Uber Freight. The transaction brings together Uber Freight’s vast network of digitally-enabled carriers with Transplace’s trusted shipper technology and operational solutions, ultimately creating one of the world’s leading logistics technology platforms to meet the rapidly evolving needs of shippers and carriers alike. “Logistics is going through a historic transformation. Unprecedented volatility, increasing supply cha...