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Saturday, November 22, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Stigma of fake news is locking WhatsApp out of India’s lucrative digital payments market

While Facebook Inc. deserves scrutiny for being a platform for hate speech and fake news, cashless transfers is one area where it can be a force for good.

US private equity firm Silver Lake invests another $602 million in Mukesh Ambani’s Jio

Jio Platforms has now raised about $12 billion from a lineup of buyers including Facebook and US buyout firm KKR & Co.

Surgisphere, the Indian-American founded tiny data firm at the centre of HCQ-Lancet storm

Sapan Desai, a 41-year-old surgeon, is the founder of the analytics company that prompted the retraction of two scientific articles, including one that spurred WHO to pause its drug trial.

With a 6% growth forecast, Bangladesh is set to be world’s fastest growing economy

Bangladesh’s 6% growth forecast is lower than previously targeted 8.2% & down from 8.15% a year ago, but it’ll be an outlier in a world set to contract.

Silence on race no longer an option, US brands struggle to market themselves

Unlike syrupy messages in support of nurses fighting the pandemic or a call for unity after 9/11, there is no happy medium for a position on white privilege.

Drop in pollution might have cleared the air, but carbon dioxide levels are still soaring

Geological evidence suggests concentrations haven’t been as high as they are today in at least 3 million years.

Bill Gates invests in mass production of Covid vaccine so poor countries will get a shot

Gates is focusing on the most promising vaccine candidates, committing funds to help ensure production capacity is ready even before any have proven to work.

UK lawmakers put Facebook, Twitter, Google under scrutiny over Covid misinformation

Executives from the tech companies were interviewed on how their companies handled the spread of medical misinformation during the pandemic.

Covid has shown US is underprepared for major health threats, says national health agency

CDC chief Robert Redfield said significant new preparedness investments are needed, in addition to basic efforts to respond to the coronavirus pandemic.

Hong Kong’s protest movement is running out of cash

Many young protesters rely on funds from sympathizers to help pay their legal bills. But the pandemic and the Chinese govt are restricting the cash flow.

On Camera

Trump’s 28 points for Ukraine add up to a no-go at peace

Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Tejas fighter aircraft crashes at Dubai Air Show, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.