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TLDR: Reliance, Twitter, Ola Electric, Crypto payments in UPI, Google Play Store, Apple, Starlink

Reliance's $3.4 billion deal to buy Future Group is not happening Reliance Industries has decided to call off its $3.4 billion deal to acquire a steak in Future Group after the latter’s secured creditors rejected the offer, TechCrunch reported. Future Group has been at the centre of a two-year-long battle between Reliance and e-commerce giant Amazon, which had sought to block the deal, TechCrunch added. Twitter is seriously considering Elon Musk’s proposal to take it private Twitter is nearing a deal to sell itself to Elon Musk, The New York Times reported. Twitter’s board was negotiating with Mr. Musk into the early hours of Monday over his unsolicited bid to buy the company, after he began lining up $46.5 billion in financing for the offer last week, the report added. Ola Electric recalls 1,441 units of its electric scooters Ola Electric has recalled 1,441 electric scooters for inspection after an incident last month in Pune where one of its vehicles caught fire, Economic Times said in its report. THe company has termed the move as a pre-emptive measure to conduct a detailed diagnostics and health check of the scooters in that specific batch, the report explained. Twitter pilots cryptocurrency payments for creators Twitter and Stripe— a digital payments processor— will pilot cryptocurrency payouts for select users of the social media site's content monetisation products, as per a Reuters report. The companies announced that eligible users of Twitter's Ticketed Spaces and Super Follows programs will be able to receive their earnings from…

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I cover several beats such as Crypto, Telecom, and OTT at MediaNama. I can be found loitering at my local theatre when I am off work consuming movies by the dozen.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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