Melvin Capital, hedge fund that bet against GameStop, lost more than 50% in January

Hedge fund Melvin Capital Management lost 53% in January amid a record rally in GameStop and other stocks the fund was betting against, a source familiar with the matter told CNBC.
Read more: https://www.cnbc.com/2021/01/31/melvin-capital-lost-more-than-50percent-after-betting-against-gamestop-wsj.html?source=Snapzu

India proposes social security benefits for gig workers in annual budget

India’s Finance Minister Nirmala Sitharaman proposed a handful of benefits for the startup ecosystem and to accelerate the growth of digital services in the annual budget Monday as the South Asian nation looks to revive the economy that was severely-hit amid the coronavirus pandemic.
Read more: https://techcrunch.com/2021/01/31/india-proposes-social-security-benefits-for-gig-workers-earmarks-205-million-to-drive-digital-payments-adoption-in-annual-budget/?source=Snapzu

Australian prime minister says Bing could replace Google

Australia’s prime minister said on Monday that Microsoft is confident it can fill the void if Google carries out its threat to remove its search engine from Australia. A Google executive told a Senate hearing last month that it would likely make its search engine unavailable in Australia if the government goes ahead with a draft law that would make tech giants pay for news content.
Read more: https://apnews.com/article/business-satya-nadella-australia-scott-morrison-0c73c32ea800ad70658bc77a96962242?source=Snapzu

India cuts Internet near Delhi as hundreds of farmers begin hunger strike

India blocked mobile internet services in several areas around New Delhi on Saturday as protesting farmers began a one-day hunger strike after a week of clashes with authorities that left one dead and hundreds injured.
Read more: https://www.reuters.com/article/us-india-farms-protests-idUSKBN29Z08R?source=Snapzu

EU to rule on Microsoft's $7.5 billion ZeniMax deal by March 5

EU antitrust regulators will decide by March 5 whether to clear Microsoft’s $7.5 billion acquisition of ZeniMax Media, the U.S. tech giant’s biggest gaming acquisition to better compete with Sony Corp’s PlayStation. Microsoft requested European Commission approval for the deal on Jan. 29, a filing on the EU executive’s website showed.
Read more: https://www.reuters.com/article/us-zenimax-m-a-microsoft-eu/eu-to-rule-on-microsofts-7-5-billion-zenimax-deal-by-march-5-idUSKBN2A11YK?source=Snapzu

Hitman 3 recoups project costs in under a week

Hitman 3 is already profitable, IO Interactive has announced. The stealth game launched last week, immediately shot to the top of the UK charts, and it has recouped its development costs in under seven days. "We have been really happy with the Hitman 3 journey," says IO Interactive CEO Hakan Abrak.
Read more: https://www.gamesindustry.biz/articles/2021-01-27-hitman-3-recoups-project-costs-in-under-a-week?source=Snapzu

What went wrong with America’s $44 million vaccine data system?

The CDC ordered software that was meant to manage the vaccine rollout. Instead, it has been plagued by problems and abandoned by most states.
Read more: https://www.technologyreview.com/2021/01/30/1017086/cdc-44-million-vaccine-data-vams-problems/?source=Snapzu