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The bankruptcy regulator on Wednesday amended technical standards guidelines for key services extended by information utilities (IUs), which typically store
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Digital River, a Minnetonka-based e-commerce pioneer with a global client roster, is shuttering its headquarters and laying off 122 employees after more than 30 years in business.
The permanent layoffs, which include remote workers across the country, should start March 28, according to a WARN notice Digital River filed Monday with the Minnesota Department of Employment and Economic Development. The company is permanently closing its offices, the notice said.
In a Monday message to employees which the Minnesota Star Tribune obtained, owner and CEO Barry Kasoff described mounting financial pressures including “the rapid contraction of key customers, combined with the headwinds presented by new deals with shorter payment terms and U.S….
Once a shining beacon of India’s booming edtech industry, Byju’s is now making headlines for all the wrong reasons. The company that once symbolized the aspirations of millions of students and parents is now caught in a legal and financial whirlwind, struggling to survive under an insolvency resolution process.
In a dramatic turn of events, the National Company Law Tribunal (NCLT) has ordered the removal of Byju’s Resolution Professional (RP) Pankaj Srivastava, accusing him of misleading the tribunal and acting against the interests of stakeholders. This development adds another layer of complexity to the ongoing insolvency proceedings and raises serious questions about the…
The bankruptcy regulator on Wednesday amended technical standards guidelines for key services extended by information utilities (IUs), which typically store financial information about stressed firms in electronic databases, to streamline their operations and help speed up insolvency resolution.As per the latest Insolvency and Bankruptcy Board of India (IBBI) rules, an IU will use demographic authentication from the Unique Identification Authority of India (UIDAI) database to establish the identity of users, including creditors, during their registration with the utility.
For this purpose, the IU will have to obtain the so-called “sub-authentication user agency license” from the UIDAI.
This time around, the Mars joke comes amid such chatter following his new “Fat Juicy & Wet” track with Sexyy Red, fittingly billed ahead of its release last Friday as a full-fledged “strip club anthem.” Taking to his Instagram Stories, the 15-time Grammy winner urged fans to “keep streaming” in light of a recent Spotify milestone.
“I’ll be out of debt in no time,” he joked.
This aligns with Mars’s approach in August in connection with his and Lady Gaga’s “Die With a Smile,” currently in the top spot on the Billboard Hot 100 songs chart. Gaga, alongside fellow Mars…
Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded in California, has filed for liquidation bankruptcy under Chapter 7 of the U.S. Bankruptcy Code. In its recent announcement, the company said it was ceasing operations immediately.
It was reported early last year that the Locked Out of Heaven star had racked up over $50 million in gambling debt at the Park MGM Las Vegas, where he has a long-running residency. On Tuesday, Bruno joked about the rumour to celebrate the fact that he was the first artist to reach 150 million monthly listeners in Spotify history. Sharing the announcement on his Instagram Stories, he joked, “KEEP STREAMING! I’ll be out of debt in no time,” adding a dancing emoji.
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Healthcare professionals are being urged to incorporate questions about gambling habits into routine health assessments, much like inquiries about drug, alcohol, and tobacco use.
This new guidance from the National Institute for Health and Care Excellence (NICE) aims to detect gambling problems early and facilitate timely intervention.
NICE recommends leveraging opportunities like GP appointments and health check-ups to broach the subject, particularly with individuals who have recently…
Bruno Mars became the first artist in history to hit 150 million monthly listeners on Spotify, as confirmed by the audio streaming giant on January 27, 2025. Now, that’s not the only interesting thing. What has stirred the hornet’s nest aka the internet, is how did Mr. 24K Magic himself react?
Taking to his Instagram handle, Bruno Mars reposted Spotify’s post on his story, writing:
“KEEP STREAMING! I’ll be out of debt in no time”.
Bruno Mars (Image via Instagram story/ brunomars)
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