How to play on market’s reversion to the mean: Tobias Carlisle offers a few tips

Renowned investor Tobias Carlisle says if one wants to ensure the best risk-reward ratio for herself, deep value investing is the way to go, and that would require her to be willing to go against intuition and what is normally accepted in the investment world. The first step to becoming …

Read moreHow to play on market’s reversion to the mean: Tobias Carlisle offers a few tips

Waymo opens driverless robo-taxi service to the public in Phoenix

Waymo chief John Krafcik said during a conference call that the company for now will offer only rides in driverless cars. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Waymo on Thursday will relaunch and expand its …

Read moreWaymo opens driverless robo-taxi service to the public in Phoenix

U.S. Senate panel moves to compel three social media CEOs to testify

U.S. Senate panel moves to compel three social media CEOs to testify

The executives’ testimony is needed “to reveal the extent of influence that their companies have over American speech during a critical time in our democratic process.” a Republican Senator said. A Senate panel voted on Thursday to compel testimony from the CEOs of Facebook, Google and Twitter as lawmakers opened …

Read moreU.S. Senate panel moves to compel three social media CEOs to testify

U.S. judge blocks Trump administration’s TikTok app store ban

TikTok argued the restrictions, amid rising U.S.-China tensions under the Trump administration, “were not motivated by a genuine national security concern, but rather by political considerations relating to the upcoming general election.” A U.S. judge in Washington late on Sunday temporarily blocked a Trump administration order that was set to …

Read moreU.S. judge blocks Trump administration’s TikTok app store ban

Mukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Billionaire Mukesh Ambani‘s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which has picked up 1.75 per cent stake in its retail arm. Earlier, on September 9, RIL had announced that Silver Lake would invest Rs 7,500 …

Read moreMukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Mukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Billionaire Mukesh Ambani‘s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which has picked up 1.75 per cent stake in its retail arm. Earlier, on September 9, RIL had announced that Silver Lake would invest Rs 7,500 …

Read moreMukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Google parent agrees to $310M misconduct lawsuit settlement

A special team will investigate any allegations against executives and report to the board’s audit committee Google’s parent company has reached a $310 million settlement in a shareholder lawsuit over its treatment of allegations of executives’ sexual misconduct. Alphabet Inc. said Friday that it will prohibit severance packages for anyone …

Read moreGoogle parent agrees to $310M misconduct lawsuit settlement

GPay customer data not shared with third party, says Google

Tech giant backtracks on affidavit in Delhi High Court. Google on Friday said its digital payment application Google Pay does not share customer transaction data with any third party outside the payments flow. The clarification comes a day after the company told the Delhi High Court that its Google Pay, …

Read moreGPay customer data not shared with third party, says Google

GPay allowed to share customer’s UPI data under law: Google

Google has further contended that there are other TPAPs like GPay, but the petition has been “selectively filed” against it. Google India Digital Services Limited on Thursday told the Delhi High Court that its GPay App, being a TPAPs (Third Party Application Providers), is allowed under the law to share …

Read moreGPay allowed to share customer’s UPI data under law: Google

Google launches ‘Tables’ for tracking work, automating tasks

With Google integration, users will be able to import data from Sheets, share data using Groups, assign tasks via Google contacts, and ping teammates in Chat. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Google on Tuesday …

Read moreGoogle launches ‘Tables’ for tracking work, automating tasks