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πŸ”” Vanguard Lowers Ola's Valuation to $2 Billion

Vanguard has cut its valuation of Indian ride-hailing startup Ola to approximately $2 billion as of August, down from $7.3 billion in late 2021, reflecting a significant decrease in its holdings in ANI Technologies, the parent company of Ola, following a series of prior valuation adjustments.

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πŸ”” Vanguard Lowers Ola's Valuation to $2 Billion

Vanguard has cut its valuation of Indian ride-hailing startup Ola to approximately $2 billion as of August, down from $7.3 billion in late 2021, reflecting a significant decrease in its holdings in ANI Technologies, the parent company of Ola, following a series of prior valuation adjustments.

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Recently, Durav wrote on his Telegram channel that users' right to privacy, in light of the war in Ukraine, is "sacred, now more than ever." Official government accounts have also spread fake fact checks. An official Twitter account for the Russia diplomatic mission in Geneva shared a fake debunking video claiming without evidence that "Western and Ukrainian media are creating thousands of fake news on Russia every day." The video, which has amassed almost 30,000 views, offered a "how-to" spot misinformation. Emerson Brooking, a disinformation expert at the Atlantic Council's Digital Forensic Research Lab, said: "Back in the Wild West period of content moderation, like 2014 or 2015, maybe they could have gotten away with it, but it stands in marked contrast with how other companies run themselves today." The news also helped traders look past another report showing decades-high inflation and shake off some of the volatility from recent sessions. The Bureau of Labor Statistics' February Consumer Price Index (CPI) this week showed another surge in prices even before Russia escalated its attacks in Ukraine. The headline CPI β€” soaring 7.9% over last year β€” underscored the sticky inflationary pressures reverberating across the U.S. economy, with everything from groceries to rents and airline fares getting more expensive for everyday consumers. The Security Service of Ukraine said in a tweet that it was able to effectively target Russian convoys near Kyiv because of messages sent to an official Telegram bot account called "STOP Russian War."
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