The Parent Company

PhonePe Receives US$200 Million Investment from Walmart

Source Node: https://zephyrnet.com/walmart-invests-us200-million-in-phonepe/
Time Stamp: March 19, 2023 9:54 PM - Modified On: March 19, 2023 - Published By:
Source Cluster:
Published by Plato

PhonePe, the digital payments platform owned by Flipkart, has received a massive investment of US$200 million from Walmart, the American retail giant. This investment is part of PhonePe's ongoing fundraising round, which aims to raise US$1 billion in total.The investment from Walmart is significant for PhonePe as it not only provides the company with a substantial amount of capital but also strengthens its ties with Walmart. Flipkart, the parent company of PhonePe, was acquired by Walmart in 2018 for US$16 billion, making it one of the largest e-commerce deals in

Silicon Valley Bank Parent Company SVB Financial Group Files for Bankruptcy

Source Node: https://zephyrnet.com/svb-financial-group-the-parent-company-of-silicon-valley-bank-files-for-bankruptcy/
Time Stamp: March 17, 2023 10:46 AM - Modified On: March 17, 2023 - Published By:
Source Cluster:
Published by Plato

Silicon Valley Bank (SVB) is a major financial institution that has recently filed for bankruptcy. The parent company, SVB Financial Group, announced the filing on April 15th, 2021. This news has sent shockwaves throughout the financial world, as SVB has been a major player in the banking industry for decades. SVB has been a major player in the technology and venture capital industry, providing financing to startups and venture capital firms. It has also been a major lender to tech companies, providing them with the capital they need to grow

MindGeek’s $32 Million Piracy Takedowns: 90 Million DMCA Requests in 90 Days

Source Node: https://zephyrnet.com/90-million-dmca-takedowns-in-90-days-mindgeeks-32m-piracy-win-meets-reality/
Time Stamp: March 5, 2023 12:30 PM - Modified On: March 5, 2023 - Published By:
Source Cluster:
Published by Plato

In recent news, MindGeek, the parent company of some of the world’s largest adult entertainment websites, has made headlines for its massive takedown of pirated content. The company has issued over 90 million DMCA (Digital Millennium Copyright Act) requests in the past 90 days, resulting in the removal of over 32 million pieces of pirated content.The Digital Millennium Copyright Act is a 1998 United States copyright law that provides a safe harbor from copyright infringement liability for online service providers. The DMCA allows copyright holders to issue takedown requests to

MindGeek’s $32 Million Investment in Piracy Takedowns Leads to 90 Million DMCA Notices in 90 Days

Source Node: https://zephyrnet.com/90-million-dmca-takedowns-in-90-days-mindgeeks-32m-piracy-win-meets-reality/
Time Stamp: March 5, 2023 12:30 PM - Modified On: March 5, 2023 - Published By:
Source Cluster:
Published by Plato

In recent news, MindGeek, the parent company of Pornhub, has made a major investment in piracy takedowns. The company has committed $32 million to a new initiative that will help protect copyright holders and their content from piracy. The initiative includes a new system that will allow copyright holders to quickly and easily submit DMCA (Digital Millennium Copyright Act) notices to MindGeek. In turn, MindGeek will take action to remove infringing content from its websites.The new system has already proven to be effective. In the first 90 days of the