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TikTok plans second billion-dollar data centre in Finland in move to store European user data locally
The move follows parent company ByteDance successfully averting a US ban in January regarding data security, while European regulators simultaneously intensify scrutiny on social media platforms concerning child safety and addictive algorithmic designs.
Big tobacco whistleblower says Meta, YouTube knowingly designed addictive products for children — ‘They expected to…’
Wigand said his first thought when he learned about the trial in California was that social media companies were using their advertisements to try to get children addicted, much like the big tobacco companies he exposed.
PhonePe delays IPO plans amid market volatility: Report
According to media reports, the company has temporarily deferred its public market listing amid rising uncertainty in global markets following the conflict in West Asia. The report said PhonePe may restart the IPO process once conditions in capital markets stabilise.
Motilal Oswal top picks: VA Tech order strength, RIL refining upside, Eternal valuations attractive
Investors are not showing panic despite geopolitical tensions, though many are reviewing portfolios and seeking safer sector exposure, according to Siddhartha Khemka of Motilal Oswal. The brokerage remains positive on VA Tech Wabag citing a ₹16,000-crore order book and strong West Asia demand. It also sees opportunity in quick commerce stocks like Eternal and Swiggy after valuation corrections, while Reliance Industries’ O2C business could benefit from higher refining margins. Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
The two defence stocks this portfolio manager likes
Conrad Saldanha, MD & Portfolio Manager of Neuberger Berman, says market uncertainty due to Middle East tensions has created selective long-term opportunities. He sees attractive valuations emerging in global IT services after a sharp correction, while tech fundamentals remain strong. In India, he is selectively adding large caps like Reliance Industries and Bharti Airtel and likes IT midcaps such as Coforge and Persistent Systems as well as defence play Data Patterns, on weakness. Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
India's tier 3–5 towns overtake metros in retail spending growth: Report
Small Indian markets are leading physical retail spending in 2025. This growth surpasses metros and tier-1 and 2 cities. This marks a shift from 2023-24 trends. Aspirational demand from these micro markets is growing. Quick-commerce and social media are driving this expansion. This trend highlights a decentralisation of demand across India.
Times Group MD Vineet Jain receives 'Lifetime Contribution to Media' award
Vineet Jain, managing director of The Times Group, received the 'Lifetime Contribution to Media' award from the All India Management Association. Union education minister Dharmendra Pradhan presented the honour in New Delhi. The award recognizes Jain's significant impact on the media industry.
Turning point is here as AI can help Indian media's share in global pie to explode, Uday Shankar says
Despite India's massive media industry, it hasn't achieved global content dominance due to capital constraints, Uday Shankar said. However, he believes AI offers a "once-in-a-generation opportunity" for India to become a content leader by reducing production costs, enhancing consumer interaction, and enabling dynamic commerce, urging the industry to embrace disruption.
Closing Bell: Day 2 of gains pushes Nifty above 23,550, Sensex up 568 pts led by auto, metal, realty
Nifty midcap index rose 1 percent, while smallcap index added 0.65 percent. Eternal, Tata Steel, M&M, HDFC Life and Bharat Electronics were among top gainers on the Nifty, while losers were Wipro, Tata Consumer, Infosys, Cipla, ITC. Among sectors, except FMCG ( down 0.7%) and IT (down 1%), all other indices ended in the green with capital goods, telecom, auto, infra, media, metal, realty, private bank up 1-2 percent.
Taking Stock: Nifty manages to close above 23,900 amid volatility; power, metal, media shine
Hindalco Industries, Power Grid Corp, Tata Motors Passenger Vehicle, Eternal, NTPC were among major gainers on the Nifty, while losers were ONGC, ITC, HDFC Life, HDFC Bank, Wipro.
Nifty recovers 200 points from intra-day lows; IT continues outperformance | Closing Bell
Indian equities erased all the intraday losses with Nifty back above 23,500. TCS, Infosys, HCL Tech, Tech Mahindra, Trent are among top gainers on the Nifty, while losers are NTPC, Power Grid Corp, Cipla, Dr Reddy's Labs and L&T. Among sectors IT index up 4%, while auto, metal, Consumer Durables, realty up 0.5% each. However, pharma, healthcare, power, media, energy down 0.5-1%. Nifty Midcap and Smallcap indices down marginally. Catch Lovish Darad in conversation with Market Experts.
Closing Bell: Nifty crosses 24,200, Sensex surges 1,264 pts on renewed hopes of US-Iran peace talks
Interglobe Aviation, Max Healthcare, Power Grid Corp, Wipro, Eternal were among biggest gainers on the Nifty, while losers were Dr Reddy's Laboratories, Bharti Airtel, ICICI Bank. All the sectoral indices ended in the green with Capital Goods, Oil & Gas, Power, Infra, Media, Realty, Consumer Durables, IT rise 2% each. Nifty Midcap and Smallcap indices up more than 2 percent each.