👀 The Week At A Glance
This week we talked about Zomato and SoftBank's future, how RBI is trying to end loan scams, and much more.
We started this week with a look into Saudi Arabia's dream city and ended it with a look into how Argentina has adapted to inflation. Catch up with all this and more in just 3 minutes.
🤔 Saudi Arabia's Impossible Dream?
To ensure its citizens lead a healthy and sustainable life in the future, Saudi Arabia is creating a dream city that will have climate control and no cars. But billions have already been spent on this futuristic project without any progress. Why have these plans not materialised and why is Saudi Arabia dreaming so big? ReadOn to find out!
🔮 Zomato's Fortune Turning Soon?
Zomato recently made two major announcements that coincided with the ending of the lock-in period for pre-IPO investors. So, all the major institutional investors have sold some of their stake in the company that had been performing badly for about 6 months now. Retail investors bore the brunt of this as usual. But a new organisational model could change this. Here's how.
🎥 Warner Bros. Cancelled Two Fully-Made Films
Bad news for DC fans. Not only did Warner Bros. cancel a fully-made DC film (along with Scoob), it is also planning on not making more DC OTT content. Wondering why the company has taken such a drastic decision that is completely opposite to Marvel's (Disney) strategy? ReadOn!
📉 SoftBank's Record-Breaking Loss Decoded
SoftBank, which is a major investor in startups across the world, recently faced a record-breaking loss. The loss was the biggest a Japanese company has seen in a quarter. Ever! But what led to this? ReadOn to find out!
🚫 RBI Putting An End to Loan Scams
Scammy loan apps are a byproduct of the pandemic, just like temperature checks and mask mandates. These apps have robbed people of their hard-earned money, jobs and even their lives. But the RBI has come up with a set of new rules to make sure this doesn't happen anymore. Here's what they are.
🇦🇷 How Argentina Adapted to Inflation
Argentina has been dealing with inflation probably since before you were born. So, the citizens have developed several ways to deal with inflation so rapid that people don't even know the prices of goods anymore. Here's how they are doing so.
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