 "Top headlines: GST council meets today; Gates foundation set for change")
Top headlines at this hour: from how one of world's most powerful philanthropic organisations is considering changes to why messaging app Telegram could gain in India.
Gates’s splits signals change in Gates foundation
When Bill Gates and Melind French Gates announced their split after 27 years of marriage, the couple said there would be no change to their $50 billion Gates Foundation. Nearly three weeks later, and the revelation of Melinda considering divorce earlier due to Bill’s ties to Jeffrey Epstein, and reports amid Bill’s dubious behaviour at Microsoft, there are signs that change is coming to one of the Gates Foundation. Read here.
Telegram gets a booster due to WhatsApp’s legal tussle
WhatsApp’s rival messaging platform Telegram has become the top most communication application downloaded from Google Play in India according to App Annie data, pushing WhatsApp to the fourth position. WhatsApp has challenged the Indian government’s IT rules on grounds that they violate freedom of speech and break-end-to-end encryption.Read here.
GST council may exempt govt depts, authorities from e-invoicing
The GST council on Friday may exempt government departments and local authorities from e-invoicing even though the government is planning to expand its scope to all entities. This exemption was proposed by the government of West Bengal and has been approved by the law committee. Read here.
Tata Steel market capitalisation slips below Titan
Tata Steel’s market capitalisation has once again fallen below that of Titan Company. On Thursday, Tata Steel closed with a market capitalisation of around Rs 1.32 trillion against Titan’s m-cap of Rs 1.41 trillion. Tata Steel has lost nearly 11 per cent of its m-cap after hitting an all-time high of Rs 1.48 trillion on May 11. Read here.
Fantasy sports platforms boom despite IPL suspension
Online gaming platforms are booming despite the cancellation of IPL games. Online gaming platform PlayerzPot saw user registrations grow three times per day in April and revenue by 2x over March. engagement. Reports suggest that big names such as Dream Sport, whose brand Dream11 is also the IPL title sponsor, and Bengaluru-based e-sports tournament platform Mobile Premier League, and others were spending over Rs 200 crore collectively on advertisements to stay top-of-the mind with viewers. Read here.
Gates’s splits signals change in Gates foundation
When Bill Gates and Melind French Gates announced their split after 27 years of marriage, the couple said there would be no change to their $50 billion Gates Foundation. Nearly three weeks later, and the revelation of Melinda considering divorce earlier due to Bill’s ties to Jeffrey Epstein, and reports amid Bill’s dubious behaviour at Microsoft, there are signs that change is coming to one of the Gates Foundation. Read here.
Telegram gets a booster due to WhatsApp’s legal tussle
WhatsApp’s rival messaging platform Telegram has become the top most communication application downloaded from Google Play in India according to App Annie data, pushing WhatsApp to the fourth position. WhatsApp has challenged the Indian government’s IT rules on grounds that they violate freedom of speech and break-end-to-end encryption.Read here.
GST council may exempt govt depts, authorities from e-invoicing
The GST council on Friday may exempt government departments and local authorities from e-invoicing even though the government is planning to expand its scope to all entities. This exemption was proposed by the government of West Bengal and has been approved by the law committee. Read here.
Tata Steel market capitalisation slips below Titan
Tata Steel’s market capitalisation has once again fallen below that of Titan Company. On Thursday, Tata Steel closed with a market capitalisation of around Rs 1.32 trillion against Titan’s m-cap of Rs 1.41 trillion. Tata Steel has lost nearly 11 per cent of its m-cap after hitting an all-time high of Rs 1.48 trillion on May 11. Read here.
Fantasy sports platforms boom despite IPL suspension
Online gaming platforms are booming despite the cancellation of IPL games. Online gaming platform PlayerzPot saw user registrations grow three times per day in April and revenue by 2x over March. engagement. Reports suggest that big names such as Dream Sport, whose brand Dream11 is also the IPL title sponsor, and Bengaluru-based e-sports tournament platform Mobile Premier League, and others were spending over Rs 200 crore collectively on advertisements to stay top-of-the mind with viewers. Read here.
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