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<keyword id="20143333" type="General" weightage="20" keywordseo="social-media-platform" source="keywords">Social media platform</keyword> <keyword id="20639239" type="General" weightage="100" keywordseo="Koo" source="keywords">Koo</keyword>, which had pitched itself as a rival and viable alternative to <keyword id="19959118" type="General" weightage="20" keywordseo="Twitter" source="keywords">Twitter</keyword> (now X), is shutting down with co-founders on Wednesday penning a heartfelt note about tough decisions and little yellow bird bidding "final goodbye". In a post on <keyword id="19951562" type="General" weightage="20" keywordseo="LinkedIn" source="keywords" meta.keywordsubtype="org" meta.entityname="LinkedIn" meta.hostid="261" meta.entityid="LinkedIn">LinkedIn</keyword>, co-founders <keyword id="20760806" type="General" weightage="20" keywordseo="aprameya-radhakrishna" source="keywords">Aprameya Radhakrishna</keyword> and Mayank Bidawatka announced that the platform will be discontinuing its services to the public, as talks for a <keyword id="19900447" type="General" weightage="20" keywordseo="partnership" source="keywords">partnership</keyword> with multiple larger internet companies, conglomerates and media houses did not yield the desired outcomes. "We explored partnership with multiple larger internet companies, conglomerates and media houses but these talks didn't yield the outcome we wanted," the note said. The duo said that although they would have liked to keep the app running, "the cost of technology services to keep social media app running is high and we've had to take this tough decision". Koo at its peak grossed about 2.1 million daily active users, about 10 million monthly active users, and over 9,000 VIPs that included some of the most prominent personalities from various fields. "We were just months away from beating Twitter in <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> in 2022, and could have doubled down on that short term goal with capital behind us," they said. A <keyword id="20041080" type="General" weightage="20" keywordseo="funding-winter" source="keywords">funding winter</keyword>, however hit the company at its peak, hurting plans and forcing the platform to "tone down" its growth trajectory. "Unfortunately for us, the mood of the market and the funding winter got better of us," the note mentioned as the founders signed off saying, "the little yellow bird says its final goodbye" in a reference to Koo's yellow bird logo. It may be recalled that Koo's popularity in India peaked around 2021 amid the Indian government's spat with Twitter (now X) and growing calls for expanding the ecosystem of homegrown digital platforms. At its peak, Koo had experienced heady growth in its user metrics as union ministers and government departments at that time heavily endorsed the homegrown microblogging platform.

Curtains down for Koo; founders say little yellow bird bids final goodbye

<ul><li>Koo, an Indian alternative to Twitter, is reportedly exposing personal data of users.</li><li>A French security researcher, Robert Baptiste (@fs0c131y), has posted his findings on Twitter.</li><li>Koo has found support from India’s Hindu right wing, railway minister Piyush Goyal, and PM Modi.</li><li>Baptiste has, in the past, exposed security flaws in the Aarogya Setu app.</li></ul><keyword id="9550495" type="UNKNOWN" weightage="20" keywordseo="Koo-App">Koo app</keyword> is reportedly exposing personal data of users, according to a French security researcher. Koo is a desi alternative to Twitter and allows its users to post short messages just like Twitter. According to Robert Baptiste who goes by the pseudonym Elliot Alderson (@fs0c131y), Koo is exposing sensitive user information like email address, date of birth, gender and marital status. Baptiste has, in the past, exposed flaws in various government apps and websites, including the government-mandated <a href="https://www.businessinsider.in/tech/apps/news/these-are-the-privacy-issues-in-aarogya-setu-indias-covid-19-tracker-app-alleged-by-french-hacker-elliot-alderson/articleshow/75592800.cms">Aarogya Setu app</a>, which the Indian authorities have <a href="https://www.businessinsider.in/tech/apps/news/aarogya-setu-claims-its-app-is-secure-denies-privacy-breach/articleshow/75569270.cms">vehemently refuted.</a> He posted his findings on Twitter, including screenshots of the code he analyzed. <div type="twitter" handle="fs0c131y" handlename="Elliot Alderson" image="http://pbs.twimg.com/profile_images/991657715192750081/tQymlTdJ_normal.jpg" favoritecount="7385" retweetcount="3592" status="You asked so I did it. I spent 30 min on this new Koo app. The app is leaking of the personal data of his users: em… https://t.co/bwYznLDlv5" createdat="1612982634000" id="1359573825579548674"></div> According to him, Koo has a domain registered in the US, but the registrant of the domain is based in China. The founders recently admitted to having a Chinese investor who, they <a href="https://twitter.com/aprameya/status/1359501894779953158">said</a>, would be bought out. We have reached out to Koo for a comment on the matter and will update the story with their statement when we receive it. Koo’s co-founder Aprameya Radhakrishna took to Twitter to downplay the ‘leak’. <div type="twitter" handle="aprameya" handlename="Aprameya R" image="http://pbs.twimg.com/profile_images/772832843982475265/NX-Wj-Mo_normal.jpg" favoritecount="1258" retweetcount="309" status="Some news about data leaking being spoken about unnecessarily. Please read this:The data visible is something tha… https://t.co/UgDtCnvNUH" createdat="1613026723000" id="1359758747405438977"></div> Koo is being backed by Indian ministers as an alternative to Twitter Koo has gained popularity of late after India’s ministers and pro-government activists started a #BanTwitter campaign on Twitter. They also started promoting Koo, which also saw Indian ministers like Piyush Goyal chip in with a tweet nudging his followers to join him on the app. <div type="twitter" handle="PiyushGoyal" handlename="Piyush Goyal" image="http://pbs.twimg.com/profile_images/1242114357682515971/x6zWYqzZ_normal.jpg" favoritecount="13495" retweetcount="3693" status="I am now on Koo. Connect with me on this Indian micro-blogging platform for real-time, exciting and exclusive upd… https://t.co/L09sLRtzDM" createdat="1612859791000" id="1359058583934013442"></div> Prime Minister Narendra Modi also promoted Koo in one of his monthly addresses to the people. The app also won the government’s Digital India AtmaNirbhar Bharat Innovate Challenge in 2020. The 10-month-old app has over <a href="https://www.businessinsider.in/tech/news/twitter-indian-rival-koo-has-crossed-3-million-downloads-as-ministers-and-actors-got-down-to-promoting-it-the-founders-are-ecstatic/articleshow/80788087.cms">3 million downloads</a> now, registering 10x growth since December, 2020. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/twitter-indian-rival-koo-has-crossed-3-million-downloads-as-ministers-and-actors-got-down-to-promoting-it-the-founders-are-ecstatic/articleshow/80788087.cms">Twitter’s Indian rival Koo has crossed 3 million downloads as ministers and actors got down to promoting it⁠— the founders are ecstatic</a> <a href="https://www.businessinsider.in/stock-market/news/what-happens-if-the-government-bans-cryptocurrencies-should-i-sell-bitcoin-checkout-experts-views/articleshow/80782941.cms">“Should I sell my cryptocurrencies?” and other questions answered on India’s proposed Crypto Ban bill</a> <a href="https://www.businessinsider.in/india/news/india-is-considering-four-day-work-weeks-but-with-longer-hours/articleshow/80763247.cms">India is considering four-day work weeks but with longer shifts</a>

French security researcher claims Twitter's desi rival Koo is 'leaking' personal data of users

<ul><li><keyword id="3518161" type="General" weightage="20" keywordseo="koo" source="Orion">Koo</keyword> has spent 65% of its total Facebook ad spends transactions in the last 90 days.</li><li>The company aims to close 2021 with 100 million users registered to the platform, Koo co-founder said.</li><li>Koo currently has over 14 million app downloads, a 10x increase since September last year.</li></ul>Social media app Koo started with a big bang, garnering interest from users, investors and in some cases even government officials. The company sprung up in March 2020 as Twitter’s Indian alternative and started gaining momentum in June last year, as relations between Twitter and the Indian government started straining. After 18 months, 14 million downloads and $34 million (₹255 crore) in fundraising, Koo is now splurging on Facebook ads to get more users on board and take on Twitter that has <a href="https://www.statista.com/statistics/242606/number-of-active-twitter-users-in-selected-countries/">22 million</a> users in India. The company has spent a little over ₹2.4 crore on Facebook ads in the last 90 days, according to <a href="https://www.facebook.com/ads/library/?active_status=all&amp;ad_type=political_and_issue_ads&amp;country=IN&amp;view_all_page_id=101044114877636&amp;search_type=page&amp;media_type=all">Facebook Ad Library</a>. That’s ₹80 lakh a month and ₹2.6 lakh a day, making Koo the top spender on Facebook in the last three months. These ads were run across Facebook-owned platforms like Facebook, Instagram, Messenger and its audience network. Interestingly, this is 65% of the total marketing expense (₹3.7 crore) Koo has made on the Facebook app since its inception in March 2020. It seems to be working because the Koo app was downloaded over 3.3 million times between July 8 to October 5, as per App Annie report accessed by Business Insider. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Timeline </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ad spent </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">App Downloads </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 2020-October 5, 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹3.78 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">14.3 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Last 90 days (July 8-October 5, 2021) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹2.4 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3.3 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Last 30 days (September 6 - October 5, 2021) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹78 lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Last 7 days (September 29 - October 5, 2021) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹12.7 lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">230,000 </td></tr></tbody><tbody></tbody><tbody></tbody></table> The app was downloaded 3.5 million times between July 1 to October 5, which is 5 lakh lower than April to June quarter. Please note that not all these downloads were generated through ads, some of them maybe organic as well. <div type="image" title="Koo is spending ₹2.6 lakh a day on Facebook to beat Twitter" msid="86868782" hostid="261"></div> Koo was co-founded by Aprameya Radhakrishna and Mayank Bidawatka, who previously founded a Q&amp;A platform Vokal. The company wa founded to enable Indian users to converse freely in their local languages, which is not that widespread on Twitter. Koo currently has over 1.43 crore (or 14 million) downloads on its app, as per the App Annie analysis. This represents over 10 times increase from 17 lakh (1.7 million) downloads in September last year. The company, however, has set up higher targets for itself. “Our objective is to be extremely inclusive as a product and as a philosophy, so that every Indian is comfortable voicing their opinions. We want to get to 250 million users a month. We want to reach 100 million users by the end of the year, and I am as confident as an entrepreneur can be that we will reach there,”<a href="https://www.businessinsider.in/advertising/ad-tech/article/i-am-confident-we-will-get-to-100-million-users-by-the-end-of-this-year-mayank-bidawatka-koo/articleshow/81210997.cms"> Bidawatka told</a> Business Insider earlier in February this year. As a part of its strategy, Koo is available in 10 local languages — Hindi, English, Assamese, Gujarati, Kannada, Tamil and Telugu, among others. It plans to add 15 more languages to its platform to attract more customers. The company is backed by the who's who of the tech world including Tiger Global, Mirae Asset Capital, Coinbase’s former chief technology officer (CTO) Balaji S. Srinivasan, Ashish Hemrajani of BookMyShow, Vivekananda Hallekere of Bounce and Zerodha’s Nikhil Kamath. Koo is currently available in India as well as Nigeria, which banned Twitter earlier this year. Some prominent Indian personalities using Koo app are Bollywood actor Kangana Ranaut and Uttar Pradesh Chief Minister Yogi Adityanath. SEE ALSO <a href="https://www.businessinsider.in/business/corporates/news/tata-sons-buy-air-india-for-2-39-billion-from-the-indian-government/articleshow/86867529.cms">Tata Sons buys ‘Maharaja’ for $2.39 billion from the Indian government</a> <a href="https://www.businessinsider.in/business/telecom/news/airtel-announces-cashback-of-6000-free-one-time-screen-replacement-on-purchase-of-new-devices/articleshow/86865821.cms">Airtel announces cashback of ₹6,000, free one-time screen replacement on purchase of new devices</a> <a href="https://www.businessinsider.in/stock-market/news/tata-motors-titan-ongc-bandhan-bank-and-bosch-stand-out-this-week-with-over-10-rallies/slidelist/86866914.cms">Tata Motors, Titan, ONGC, Bandhan Bank and Bosch stand out this week with over 10% rallies</a>

Koo is spending ₹2.6 lakh a day on Facebook to beat Twitter

<ul><li>Indian government has banned over 250 <keyword id="6022999" type="UNKNOWN" weightage="20" keywordseo="chinese-apps">Chinese apps</keyword> over the last year, due to the geopolitical crisis with the neighbouring country.</li><li>The ban on Chinese apps impacted the short video segment the most, as it found itself in a void with the absence of top two players in the segment.</li><li>While many alternatives have emerged to give a tough competition to <keyword id="6762469" type="UNKNOWN" weightage="20" keywordseo="TikTok">TikTok</keyword>, any real competition to PUBG still does not exist.</li></ul>You can now find Vassundhara Pandita, a former TikTok creator, entertaining about 4.5 million users on <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>’s Sharechat-owned Moj app. Just like her, thousands of Indian creators have set their camps on different short video apps that came into existence in the past one year, after the government of India decided to ban <a href="https://www.businessinsider.in/tech/apps/news/checkout-the-name-of-the-chinese-banned-apps-in-india/articleshow/76696132.cms">59 Chinese apps</a> on this day (June 29). The banned apps not only included TikTok, the biggest short video platform in the world with a user base of 200+ million in India alone, but its alternatives Likee and Vigo as well. Vigo was owned by TikTok’s Chinese parent ByteDance that was supposed to be <a href="https://www.businessinsider.in/advertising/ad-tech/news/bytedance-shuts-down-vigo-video-in-india-to-focus-on-other-businesses/articleshow/76382018.cms">shut by October 2020</a> to direct users towards TikTok, but all these efforts were futile. This is how TikTok creators’ hunt began to find the perfect Indian alternative that would help them continue entertaining millions of users and keep the flow of income running. But the first priority on the list was to redirect their followers to other social media platforms, most popularly <keyword id="819905" type="LOCATION" weightage="20" keywordseo="Instagram">Instagram</keyword>. “I had to make short videos on my TikTok and YouTube [channels] to direct my followers to my Instagram handle,” says Vassundhara, who had more than five million followers on TikTok and goes by the username ‘@__vassundhara__’ on Instagram. As expected, Vassundhara and many other creators did lose their followers in this reshuffle, but thankfully finding the next stage turned out to be a little simpler. <h2 style="line-height:1.38;margin-top:18pt;margin-bottom:6pt;">Indian digital businesses fill up TikTok void</h2> Well established digital businesses were already on to finding their way to dominate the Indian short video platform, which was suddenly left with a void with the exit of <a href="https://www.businessinsider.in/slideshows/top-ten-most-downloaded-apps-in-india/slidelist/72977234.cms">top two players </a>-- TikTok and Likee From Sharechat to Dailyhunt, MXPlayer, Gaana, Zee5, you name it and they were already set to launch their Made-In-India offering. A few months later, even YouTube and Instagram decided to grab on to this opportunity and launch their respective hypershots entertainment offering in India. So, the competition was on and it was a pretty hot one. But Indian platforms did fairly well for themselves in this highly competitive market. Just like TikTok, many of these Indian alternatives have set a monetisation practice in place for these creators. Each creator on these platforms, with a specific number of followers and reach, is paid a certain undisclosed amount. Besides this, they are also allowed to take any paid promotional partnerships in their personal capacity without having to share their income with the platforms. There are only three shortcomings to the Indian alternatives at the moment. First, the limited market compared to TikTok that had its presence across the globe. Second, the limited market is further divided among the rival brands. Third, the not-so-great technological innovation and user-experience. While Instagram may have these problems figured out by integrating Reels into their image and video app. However, it is not a great offering in terms of the monetisation aspect. It was much easier for a content to blow up on TikTok, given its artificial intelligence and machine learning algorithms. It also offered more in-depth insights into the audience. On the other hand, it is much more difficult to blow up content on Instagram. “Instagram has its plus points, but it's not offering much payout to influencers at the moment… Also Instagram, I think, is focusing on a more lavish life and a glamorous one with money. Unlike TikTok, we see only one or two videos from the rural parts of India on Instagram. Moj and other Indian apps, and even TikTok for instance, push such contents as well,” Vassundhara added. However, the Indian alternatives have replaced TikTok in the eyes of content creators at least. “If TikTok comes back to India, creators will still take some time to move to the platform. As you know, a lot of controversies have happened around TikTok in India like the <a href="https://indianexpress.com/article/entertainment/entertainment-others/carryminati-amir-siddiqui-youtube-vs-tiktok-6411239/">YouTube roast </a>or questions over its Chinese origin. People will take some time to understand this. By the time, creators will start going back to Moj or any other platform that may establish dominance,” Vassundhara said, adding the platform offers fair income to the creators from their end. Notably, TikTok may to make a comeback to the Indian market soon, as it has <a href="https://theprint.in/tech/tiktok-definitely-hopeful-india-ban-will-be-lifted-in-talks-with-govt-to-resume-operations/683916/">reportedly</a> started discussions with the government once again. <h2 style="line-height:1.38;margin-top:18pt;margin-bottom:6pt;">India Yet To Find PUBG’s Alternative</h2>The Indian government’s attack on Chinese apps took down close to over 250 apps in the last one year. This also includes South Korean online multiplayer battle royale game PlayerUnknown's Battlegrounds (PUBG). PUBG had more than 175 million installations from India alone which accounted for 24% of the total installations worldwide. The ban on the online multiplayer battle royale game came due to its partnership with China-based Tencent Games. Tencent was PUBG Mobile’s licensed publisher in India. The duo ended their partnership in September 2020, and PUBG is now set to make a<a href="https://www.businessinsider.in/tech/apps/news/battlegrounds-mobile-india-is-now-official-check-out-launch-date-downloads-and-more/articleshow/82427206.cms"> comeback</a> in India in a new avatar ‘BattleGrounds Mobile India’. The launch of BattleGrounds Mobile India may be subject to scrutiny as well, after a <a href="https://in.ign.com/battlegrounds-mobile-india/161110/news/battlegrounds-mobile-india-china-server-data-sharing-meity-government-meenakashi-lekhi">IGN India</a> report highlighted that the app was sending user data to China. Despite the spike in India’s e-sports segment over the last one year due to PUBG ban and Covid-19, there haven't been any direct replacements to PUBG Mobile India. Many users simply switched to the web version of the app, which was not banned. For PUBG Mobile India, Bengaluru-based nCore Games did come up with the one alternative -- Fearless And United Guards (FAUG) in September 2020. The company launched the beta version of the app earlier this week (June 27), but is yet to <a href="https://in.ign.com/fau-g-android/161446/feature/faug-team-deathmatch-map-gameplay-story-weapons-future-ncore-games">impress the Indian audience</a>. <h2 style="line-height:1.38;margin-top:18pt;margin-bottom:6pt;">What other segments were disrupted due to the ban of Chinese apps?</h2> The ban on Chinese apps also promoted the Made-In-India sentiment that pushed users towards many Indian alternatives. For instance <keyword id="3518161" type="PERSON" weightage="20" keywordseo="koo">Koo</keyword> and Tooter were the first to arrive as the alternatives to US-based microblogging website Twitter. While Tooter was lost in the crowd, Koo has managed to set itself to a better start, at least. The one-year-old app already has about a third (<a href="https://www.business-standard.com/article/companies/will-double-headcount-lot-of-headroom-for-growing-user-base-koo-121050900174_1.html#:~:text=Koo%20has%20about%2060%20lakh,base%20and%20burgeoning%20Internet%20adoption.">6 million</a>) of Twitter's 17 million users in India. It has also raised about<a href="https://www.businessinsider.in/business/news/indias-micro-blogging-app-koo-raises-30-million-by-tiger-global/articleshow/82965589.cms"> $34 million</a> to date from marquee investors like Tiger Global Management, Accel, Kalaari Capital, and more. The platform is set to accelerate even further amidst Indian government’s ongoing tussle with Twitter. It has also made an<a href="https://qz.com/africa/2024107/nigerian-government-moves-to-indian-app-koo-after-twitter-ban/"> entry</a> into Nigeria after the Nigerian government banned Twitter last week. Even Indian ministers have<a href="https://www.deccanherald.com/national/it-minister-ravi-shankar-prasad-praises-koo-indias-alternative-to-twitter-950088.html"> praised</a> the app on many occasions. China-based document scanning and file storage app CamScanner, which found its biggest market in India with 100 million users, was also banned on June 29, last year. Since then, the app has been shadowed by another new popular option, Gurugram-based alternative Kaagaz Scanner. Launched in March 2020, the platform has over 5 million downloads and 1.7 million plus monthly active users. The platform has raised $575,000 last year from former <keyword id="6354512" type="COMPANY" weightage="20" keywordseo="Infosys">Infosys</keyword> vice-chairman Kris Gopalakrishnan’s Axilor Ventures, Better Capital and Pravega Ventures. SEE ALSO <a href="https://www.businessinsider.in/policy/news/china-will-not-buy-iron-copper-aluminum-zinc-and-some-other-commodities-from-foreign-countries/articleshow/83565216.cms" data-type="tilCustomLink">China has decided to take global commodity bulls by their horns ⁠— to protect the profit margins of its small businesses</a> <a href="https://www.businessinsider.in/sports/news/soccers-most-expensive-young-player-missed-a-decisive-penalty-that-saw-reigning-world-champion-france-crash-out-of-euro-2020/articleshow/83940298.cms" data-type="tilCustomLink">Soccer's most expensive young player missed a decisive penalty that saw reigning world champion France crash out of Euro 2020</a> <a href="https://www.businessinsider.in/cryptocurrency/news/coinbase-ceo-brian-armstrong-says-the-goal-is-for-the-crypto-exchange-to-list-every-asset-that-is-legally-possible/articleshow/83937379.cms" data-type="tilCustomLink">Coinbase CEO Brian Armstrong says the goal is for the crypto exchange to list every asset that is legally possible</a>

One year of Chinese apps ban — Indian alternatives take over TikTok

<ul><li><keyword id="3518161" type="PERSON" weightage="20" keywordseo="koo">Koo</keyword> is a microblogging platform and is available in English, Hindi, Kannada, Telugu, Marathi, Tamil, Gujarati, Bengali and Malayalam.</li><li>The barely 10-month old app Koo has now crossed over 3 million downloads, registering a 10X growth since December, 2020.</li><li><keyword id="6354616" type="UNKNOWN" weightage="20" keywordseo="Twitter">Twitter</keyword> users are jumping on to the Made in India app Koo, as they dismiss the Jack Dorsey-led global social media giant over its recent controversies with the Indian government.</li></ul>The one app that everyone’s talking about on Twitter today is its Indian alternative Koo. India’s Hindu right wing upped its ante against Twitter, with #BanTwitter, they promoted the homegrown alternative, Koo, which led to a windfall. The barely 10-month old app Koo has now crossed over 3 million downloads, registering a 10X growth since December, 2020. Enjoying their moment in the sun are founders Aprameya Radhakrishna and Mayank Bidawatka, co-founders of Koo, which is a microblogging platform and is available in English, Hindi, Kannada, Telugu, Marathi, Tamil, Gujarati, Bengali and Malayalam. <div type="image" title="koo" msid="80788103" hostid="261"></div> It’s hockey stick for both Twitter and Koo The recent standoff between Twitter and the Indian government, which wanted the social media giant to ban <a href="https://indianexpress.com/article/india/twitter-accounts-block-govt-notice-khalistan-sympathiser-pakistan-7179728/">certain handles</a>, has become a bane for Jack Dorsey and a boon for Koo. Twitter declined the Indian government’s request to ban certain handles of journalists, activists as doing so “"would violate their fundamental right to free expression under Indian law". Soon after, country’s top ministers like Piyush Goyal to bollywood actors like Anupam Kher and Kangana Ranaut, hundreds of verified profiles on Twitter are jumping on to the Made in India app Koo. “Last few days we have seen a hockey stick growth, we have got more users than we expected. It was unplanned, sudden and it’s very overwhelming but we are happy that people are willing to try out this Indian product,” said Bidawatka in an interview to Business Insider in the middle of what he describes a crazy day. <div type="twitter" handle="PiyushGoyal" handlename="Piyush Goyal" image="http://pbs.twimg.com/profile_images/1242114357682515971/x6zWYqzZ_normal.jpg" favoritecount="13089" retweetcount="3572" status="I am now on Koo. Connect with me on this Indian micro-blogging platform for real-time, exciting and exclusive upd… https://t.co/L09sLRtzDM" createdat="1612859791000" id="1359058583934013442"></div> <div type="twitter" handle="KanganaTeam" handlename="Kangana Ranaut" image="http://pbs.twimg.com/profile_images/1328363769848709120/RYB3_4Fd_normal.jpg" favoritecount="6829" retweetcount="1526" status="Your time is up @Twitter time to shift to #kooapp will inform everyone soon about my account details there. Absolu… https://t.co/lJNwf0zWh8" createdat="1612953243000" id="1359450551126269952"></div> And the <keyword id="10739078" type="UNKNOWN" weightage="20" keywordseo="Koo-founders">Koo founders</keyword>, who admire Twitter’s product, found their app as one of the top trends on Twitter. “It's unfortunate that certain events have unfolded and you know, that things are being questioned. The fact that we can trend on that platform shows how democratic that platform is,” said Bidawatka. Both Bidawatka and Radhakrishna ⁠— are serial entrepreneurs, the latter having previously founded TaxiForSure and sold it to the unicorn Ola⁠— were always working on an Indian alternative to Twitter. But they didn’t think the opportunity would emerge out of a controversy. <div type="image" title="Koo2" msid="80788255" hostid="261"></div> A few months ago, Prime Minister Narendra Modi himself had mentioned Koo in his monthly address to the people. That brought the first big wave of users to the platform. Listen to this podcast with the founders of Koo, recorded after they won the Atmanirbhar app challenge by the Indian government in August, 2020. <div type="javascript" title="Custom" contenttype="Video"><cdata><![CDATA[]]></cdata></div> While they admired Twitter for the product that it was, the founders saw an opportunity. “Indians that don't speak in English were not well represented there, for example, there were very few Kannada, Tamil, tweets. Nothing close to the potential of our internet using population. We wanted to build an immersive experience on the product,” he said. The two men also run Vokal, a vernacular question and answer knowledge sharing app, they understood the languages space and found experts on their platform still missing a place to express their thoughts. “We know the vernacular story and power of Indian languages. The microblogging format is very all encompassing, it's easy to create and consume,” said Bidawatka. And that’s how Koo was formed. Koo also raised $4.1 million as part of its Series A funding recently from 3one4 Capital, Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator. While the valuation of the company, remains undisclosed, Bidawatka said they found the right set of investors who believe in their product, even if it's just 10-month old. And as users keep pouring into Koo, the 40-member team is on overdrive to keep things running. Even while there are teething issues, like every small company has. “We are dealing with the scale that has been thrown at us,” he said. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/what-happens-if-the-government-bans-cryptocurrencies-should-i-sell-bitcoin-checkout-experts-views/articleshow/80782941.cms">“Should I sell my cryptocurrencies?” and other questions answered on India’s proposed Crypto Ban bill</a> <a href="https://www.businessinsider.in/india/news/india-is-considering-four-day-work-weeks-but-with-longer-hours/articleshow/80763247.cms">India is considering four-day work weeks but with longer shifts</a> <a href="https://www.businessinsider.in/tech/news/what-is-facial-recognition-technology-and-how-india-is-using-it-to-track-down-protestors-and-individuals/articleshow/80782606.cms">India is ramping up the use of facial recognition to track down individuals without any laws to keep track of how this technology is being used</a>

Twitter’s Indian rival Koo has crossed 3 million downloads as ministers and actors got down to promoting it⁠— the founders are ecstatic

<ul><li>Following incidents of showdown against <keyword id="3225532" type="ORGANIZATION" weightage="20" keywordseo="Social-media-companies">social media companies</keyword>, the Indian government could be gearing up to bring amendments in its laws.</li><li>These proposed amendments to <keyword id="6363148" type="COMPANY" weightage="20" keywordseo="information-technology">Information Technology</keyword> (<keyword id="7206149" type="UNKNOWN" weightage="20" keywordseo="Intermediary-Guidelines">Intermediary Guidelines</keyword>) Rules, 2011 could reportedly obligate social media companies to remove ‘unlawful’ content within 36 hours of an order of a court or the government.</li><li>The government could also seek these companies to set up automated tools to remove ‘unlawful’ content.</li></ul>India is reportedly gearing up to announce new policies to require <keyword id="6354616" type="UNKNOWN" weightage="20" keywordseo="Twitter">Twitter</keyword>, <keyword id="6354576" type="UNKNOWN" weightage="20" keywordseo="facebook">Facebook</keyword> and other social media companies to remove ‘unlawful’ content within 36 hours of orders issued by a court or the government. According to a report by <a href="https://timesofindia.indiatimes.com/business/india-business/social-media-companies-may-get-just-36-hours-to-junk-unlawful-posts/articleshow/81100874.cms">The Times of India</a>, the proposed amendments bring down the time limit to remove content from 72 hours to 36 hours. This is aimed at being more responsive when it comes to requests made by users. The amendments are being made to the Information Technology (Intermediary Guidelines) Rules, 2011. A summary of the existing guidelines can be read on <a href="https://www.prsindia.org/billtrack/draft-information-technology-intermediaries-guidelines-amendment-rules-2018">PRS Legislative Research</a>. “36 hours is adequate time and in line with global standards to initiate a takedown on the part of intermediaries,” Simranjeet Singh, Partner, Athena Legal, told Business Insider. “It has consistently been argued by the intermediaries that they can immediately take down content post receiving actual knowledge of any illegal acts being perpetrated on their platforms,” he further added. “<keyword id="3518161" type="PERSON" weightage="20" keywordseo="koo">Koo</keyword> will respect the laws of the land. We understand the importance of freedom of speech and at the same time we also understand the need to operate within the legal boundaries of our country of operation. Policies around social media are welcome because they make some of the nebulous things around what's acceptable and what's not, legally known and enforced. This reduces the vagueness around clear actions that need to be taken by platforms,” said Mayank Bidawatka, Co founder, Koo, the new <a href="https://www.businessinsider.in/tech/news/as-twitter-engages-in-a-firefight-with-the-indian-government-homegrown-rival-koo-crosses-4-million-users-within-10-months-of-launch/articleshow/81090246.cms">upcoming Indian alternative to Twitter</a>. <cmsannotation type="cmsannotation" annotationid="Who are these intermediaries?" comment="subhead" text="Who are these intermediaries?">Who are these intermediaries?</cmsannotation> Intermediaries here refers to social media companies like Twitter, Facebook, Instagram, WhatsApp among others. The report states that the government may require companies with over 50 lakh users to have an office in India and appoint an officer to coordinate with the law enforcement agencies when required. <cmsannotation type="cmsannotation" annotationid="What is ‘unlawful’ content?" comment="subhead" text="What is ‘unlawful’ content?">What is ‘unlawful’ content?</cmsannotation> Unlawful content, as defined under Rule 3(2) of the Information Technology (Intermediary Guidelines) Rules, 2011, includes content that is harmful, harassing, blasphemous, defamatory, obscene, infringes on copyright or patent, or violates any law for the time being in force. A detailed reading can be obtained <a href="https://www.meity.gov.in/writereaddata/files/GSR314E_10511%281%29_0.pdf">here</a>. <cmsannotation type="cmsannotation" annotationid="Obligating intermediaries to remove unlawful content" comment="subhead" text="Obligating intermediaries to remove unlawful content">Obligating intermediaries to remove unlawful content</cmsannotation> According to the report, the government may push social media companies to identify the source of unlawful content to allow the law enforcement agencies to take action against them. The proposed amendments in intermediary guidelines come at a time when Twitter has been caught in the middle of a battle between activists and protestors, and the Indian government. It is <a href="https://www.businessinsider.in/international/news/twitter-faces-a-political-disaster-in-india-where-its-taking-heat-from-both-the-government-and-protesters-over-the-suspension-of-accounts/articleshow/80790166.cms">facing heat from both protestors as well as the government</a> due to how it has dealt with content on its platform around topics related to the farmer protests. The proposed guidelines will obligate social media companies to create automated tools for “proactively identifying and removing or disabling public access to such information or content”, the report added. <cmsannotation type="cmsannotation" annotationid="Setting up a grievance redressal portal to address user complaints" comment="subhead" text="Setting up a grievance redressal portal to address user complaints">Setting up a grievance redressal portal to address user complaints</cmsannotation> According to another report by <a href="https://www.hindustantimes.com/india-news/social-media-moderation-government-plans-new-platform-to-flag-online-posts-101613680077473.html">Hindustan Times</a> quoting anonymous sources, the government could set up a dedicated grievance redressal portal. This would allow social media users to lodge their complaints, which would then have to be addressed by the social media companies. This could be along the lines of <a href="https://pgportal.gov.in/">PG Portal</a>, a dedicated grievance redressal mechanism that covers services provided by the government or public sector undertakings like the India Post, BSNL, and others. According to <a href="https://www.pib.gov.in/PressReleasePage.aspx?PRID=1694783">data</a> released by the Ministry of Home Affairs, over 93,000 cases of cybercrime were registered from 2017 to 2019. The government already has a portal for reporting cybercrime and fraud at cybercrime.gov.in. However, a revamp that would make it easier for victims to get these complaints addressed could prove to be helpful. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/supreme-court-tells-indian-government-and-twitter-to-find-a-way-to-curb-hate-speech-online-and-shut-down-fake-accounts/articleshow/80876338.cms">Supreme Court tells Indian government and Twitter to find a way to curb hate speech online and shut down fake accounts</a> <a href="https://www.businessinsider.in/international/news/twitter-faces-a-political-disaster-in-india-where-its-taking-heat-from-both-the-government-and-protesters-over-the-suspension-of-accounts/articleshow/80790166.cms">Twitter faces a political disaster in India, where it's taking heat from both the government and protesters over the suspension of accounts</a> <a href="https://www.businessinsider.in/tech/news/twitter-suspends-90-95-of-accounts-listed-by-indian-government/articleshow/80892372.cms">Twitter suspends 90-95% of accounts listed by Indian government</a>

India may require Twitter, Facebook and others to remove unlawful content within 36 hours

<ul><li><keyword id="15681942" type="General" weightage="100" keywordseo="chatgpt" source="Orion">ChatGPT</keyword> is now being used by businesses to improve customer experience.</li><li>Companies like <keyword id="155484" type="General" weightage="80" keywordseo="salesforce" source="Orion">Salesforce</keyword>, Air India, Duolingo, and others use ChatGP- powered tools in their businesses.</li><li>Here are some of the top companies that are using ChatGPT.</li></ul>ChatGPT, the <keyword id="6171891" type="General" weightage="20" keywordseo="ai-chatbot" source="Orion">AI chatbot</keyword> developed by OpenAI, has recently become one of the most popular tools for its ability to solve problems and quickly answer users' queries. Some of the companies were initially hesitant to use tools such as<a href="https://www.businessinsider.in/tech/news/chatgpt-plus-subscription-price-benefits-and-more-other-information/articleshow/98803997.cms"> ChatGPT</a>, but it is now being seen as an important tool to boost productivity and consumer experience. Companies have now started to use and integrate ChatGPT into their businesses. Here are some of the companies that are using ChatGPT – <cmsannotation type="cmsannotation" annotationid="Companies using ChatGPT" comment="subhead" text="Companies using ChatGPT"><keyword id="16902419" type="General" weightage="20" keywordseo="companies-using-chatgpt" source="Orion">Companies using ChatGPT</keyword></cmsannotation> <cmsannotation type="cmsannotation" annotationid="Salesforce" comment="subhead2" text="Salesforce">Salesforce</cmsannotation> Cloud-based software giant Salesforce announced its partnership with ChatGPT and introduced its own Einstein GPT, a tool based on OpenAI’s chatbot to create the first generative AI for its customer relation management (CRM) tools. The tool is used to compose emails, schedule meetings, auto-generate personalised agent chat replies to customers, provide customer insights, and more. <cmsannotation type="cmsannotation" annotationid="Air India" comment="subhead2" text="Air India">Air India</cmsannotation> Air India has become the first aviation company in India to announce that it will use ChatGPT to improve the customer experience on its website. The airline will reportedly use the latest version of ChatGPT, GPT4, to improve the FAQ section, pilot briefings, and more. <cmsannotation type="cmsannotation" annotationid="Microsoft" comment="subhead2" text="Microsoft">Microsoft</cmsannotation> Microsoft was one of the first companies to integrate ChatGPT. The search giant has used the latest version of ChatGPT, GPT4, for its Bing Chat service, which is available with the latest version of Microsoft Edge. Bing Chat works just like ChatGPT and quickly answers user queries. <cmsannotation type="cmsannotation" annotationid="Snapchat" comment="subhead2" text="Snapchat">Snapchat</cmsannotation> Popular messaging app Snapchat is also jumping on the AI bandwagon. The company has introduced a ChatGPT-powered AI chatbot named “My AI.” My AI is currently available only to Snapchat Plus subscribers and is a toned-down version of ChatGPT. <cmsannotation type="cmsannotation" annotationid="Duolingo" comment="subhead2" text="Duolingo">Duolingo</cmsannotation> Popular language learning app Duolingo has announced Duolingo Max, a subscription service that offers tailored lessons to users to help them learn easily. Duolingo Max uses GPT-4 to allow users to ask questions such as “Explain my answer” and “Roleplay.” <cmsannotation type="cmsannotation" annotationid="Slack" comment="subhead2" text="Slack">Slack</cmsannotation> In addition to using ChatGPT for its CRM, Salesforce also integrates ChatGPT with Slack. Slack users will soon get access to a new assistant dubbed as “Einstein” that will help users to draft replies, summarise threads, research on a particular topic and more. <cmsannotation type="cmsannotation" annotationid="Koo" comment="subhead2" text="Koo">Koo</cmsannotation> Indian microblogging platform Koo developed as an alternative to Twitter, has also integrated ChatGPT into its platform. It will help creators compose and draft posts using ChatGPT. Currently, the feature is available only to verified users and will roll out to all users soon. <cmsannotation type="cmsannotation" annotationid="Bain &amp; Company" comment="subhead2" text="Bain &amp; Company">Bain &amp; Company</cmsannotation> Global management consulting giant Bain &amp; Company has partnered with OpenAI to integrate its AI chatbot into its management systems. Beverage giant Coca Cola is reportedly the first major consumer product company that will use the management tool. <cmsannotation type="cmsannotation" annotationid="Shop" comment="subhead2" text="Shop">Shop</cmsannotation> Shop, a popular e-commerce app, has used ChatGPT to develop a shopping assistant that will help users quickly purchase products by asking questions to them, including their budget, preferences and more. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/chatgpt-plus-subscription-price-benefits-and-more-other-information/articleshow/98803997.cms">ChatGPT Plus subscription launched in India – price, benefits, and more</a> <a href="https://www.businessinsider.in/tech/mobile/news/three-out-of-four-premium-smartphones-sold-in-2022-were-an-iphone/articleshow/98855033.cms">Three out of four premium smartphones sold in 2022 were an iPhone</a> <a href="https://www.businessinsider.in/india/news/from-ro-systems-to-boiling-heres-how-indians-are-dealing-with-impure-drinking-water/slidelist/98898477.cms">From RO systems to boiling: Here’s how Indians are dealing with impure drinking water</a>

From Salesforce to Air India, here are the companies that are using ChatGPT

Good morning and welcome to <keyword id="11420569" type="UNKNOWN" weightage="60" keywordseo="insider-finance">Insider Finance</keyword>. I'm Dan DeFrancesco, and here's what's on the agenda today:<ul><li>Everything you need to know if you want to get hired as a junior investor at <a href="https://www.businessinsider.com/how-to-get-hired-kkr-careers-interview-questions-analyst-recruiting-2021-7">private-equity giant KKR</a>. </li><li>New, smaller hedge funds are thriving this year. <a href="https://www.businessinsider.com/new-hedge-fund-launches-surge-2021-7">Here's why</a>. </li><li>We've got an update on <a href="https://www.businessinsider.com/merrill-lynch-wealth-management-financial-advisor-training-program-updates-2021-7">Merrill Lynch's advisor training program</a>. </li></ul><a href="http://insider.com/" target="_blank" rel="noopener noreferrer">Insider.com</a> update: Newsletters are now coming from our new domain, @<a href="http://insider.com/" target="_blank" rel="noopener noreferrer">insider.com</a>. Also, a friendly reminder to add <a href="mailto:newsletter@insider.com" target="_blank" rel="noopener noreferrer">newsletter@insider.com</a> to your address book.<a style="font-weight: bold;" href="http://newsletter.businessinsider.com/join/4np/insider-finance">If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.</a>Like the <keyword id="621414" type="PERSON" weightage="60" keywordseo="Newsletter">newsletter</keyword>? Hate the newsletter? Feel free to drop me a line at <a href="mailto:ddefrancesco@businessinsider.com">ddefrancesco@businessinsider.com</a> or on Twitter <a href="https://twitter.com/dandefrancesco">@DanDeFrancesco</a>. <h3><a href="https://www.businessinsider.com/new-hedge-fund-launches-surge-2021-7">Small hedge fund managers are feeling optimistic as launches surge and investors seek alternatives to the industry's biggest names</a></h3><a href="https://www.businessinsider.com/new-hedge-fund-launches-surge-2021-7"><div type="image" title="apollo 12 launch" height="899" width="1199" msid="84470779" hostid="261"></div></a>Starting in July 2020, there have been three consecutive quarters where more funds were launched than were liquidated - an impressive stat since fundraising meetings and conferences ground to a halt during the throes of the pandemic.<a href="https://www.businessinsider.com/new-hedge-fund-launches-surge-2021-7">Click here to read the entire story.</a><h3><a href="https://www.businessinsider.com/how-to-get-hired-kkr-careers-interview-questions-analyst-recruiting-2021-7">How to land a job at KKR, according to one of the private-equity giant's top HR execs</a></h3><a href="https://www.businessinsider.com/how-to-get-hired-kkr-careers-interview-questions-analyst-recruiting-2021-7"><div type="image" title="Grace Koo is KKR's head of talent acquisition." height="450" width="600" msid="84470782" hostid="261"></div></a>In 2020, KKR accepted less than 2% of 1,678 collegiate applicants to its analyst program. We spoke with Grace Koo, KKR's head of talent acquisition, who told us they're looking for two attributes in applicants: exceptional intellect and strong cultural alignment. <a href="https://www.businessinsider.com/how-to-get-hired-kkr-careers-interview-questions-analyst-recruiting-2021-7">Here are the other tips she gave for landing a job.</a><h3><a href="https://www.businessinsider.com/bnpl-affirm-afterpay-klarna-face-competition-apple-paypal-banks-2021-7">Affirm, Klarna, and Afterpay are in the midst of a 'difficult moment' as big players like Apple and PayPal push into BNPL</a></h3><a href="https://www.businessinsider.com/bnpl-affirm-afterpay-klarna-face-competition-apple-paypal-banks-2021-7"><div type="image" title="LONDON, ENGLAND - JUNE 04: Chloe Lewis and Laura Anderson attend the official launch of the Klarna Pop-Up on June 04, 2019 in London, England." height="2949" width="3943" msid="84470792" hostid="261"></div></a>Fintechs like Affirm, Afterpay, and Klarna are fighting for consumer loyalty as incumbents step in. <a href="https://www.businessinsider.com/bnpl-affirm-afterpay-klarna-face-competition-apple-paypal-banks-2021-7">Here's where the competition is.</a><h3><a href="https://www.businessinsider.com/eric-khrom-blockbuster-performance-khrom-capital-investor-letter-2021-7">College dropout turned hedge fund manager Eric Khrom is up 47% this year. His latest investor letter lays out the drivers of his blockbuster performance.</a></h3><a href="https://www.businessinsider.com/eric-khrom-blockbuster-performance-khrom-capital-investor-letter-2021-7"><div type="image" title="Eric Khrom" height="2505" width="3333" msid="84470800" hostid="261"></div></a>Several hedge funds have struggled to replicate their 2020 success so far this year - but Eric Khrom's fund is not one of them. <a href="https://www.businessinsider.com/eric-khrom-blockbuster-performance-khrom-capital-investor-letter-2021-7">Here are some of the firm's biggest winners this year.</a><h3><a href="https://www.businessinsider.com/merrill-lynch-wealth-management-financial-advisor-training-program-updates-2021-7">Merrill Lynch's talent pipeline is showing early signs of getting back on track after months of uncertainty</a></h3><a href="https://www.businessinsider.com/merrill-lynch-wealth-management-financial-advisor-training-program-updates-2021-7"><div type="image" title="Andy Sieg Merrill Lynch" height="1401" width="1869" msid="84470804" hostid="261"></div></a>After months of turmoil within the advisor training program, a higher number of advisors-in-training than Merrill expected are now electing to continue with the newly shortened program. <a href="https://www.businessinsider.com/merrill-lynch-wealth-management-financial-advisor-training-program-updates-2021-7">Here's what that means for the storied wealth management firm.</a><h3><a href="https://www.businessinsider.com/credit-suisse-hires-dave-stolzar-fig-banking-speciality-finance-memo-2021-7">Credit Suisse just rehired a specialty-finance dealmaker who's a double boomerang at the bank to rebuild its FIG team</a></h3><a href="https://www.businessinsider.com/credit-suisse-hires-dave-stolzar-fig-banking-speciality-finance-memo-2021-7"><div type="image" title="Credit Suisse New York" height="2897" width="3863" msid="84470811" hostid="261"></div></a>Credit Suisse is adding people back to its financial institutions group by rehiring a banker who previously spent 15 years at the firm, per an internal memo. <a href="https://www.businessinsider.com/credit-suisse-hires-dave-stolzar-fig-banking-speciality-finance-memo-2021-7">A look at what we know about his new role.</a><h2>Odd lots:</h2><a href="https://www.bloomberg.com/news/articles/2021-07-15/marc-rowan-plans-to-be-the-ceo-who-keeps-apollo-above-the-fray?sref=5xrDvJna">Marc Rowan Plans to Be the CEO Who Keeps Apollo Above the Fray (Bloomberg)</a><a href="https://www.wsj.com/articles/m-b-a-programs-from-stanford-to-columbia-and-nyu-pass-on-hybrid-learning-11626346800?mod=hp_featst_pos3">M.B.A. Programs From Stanford to Columbia and NYU Pass on Hybrid Learning (WSJ)</a><a href="https://www.businessinsider.com/kirkland-ellis-how-to-get-hired-law-summer-associate-recruiting-2021-1">Kirkland &amp; Ellis recruiting chairs and industry insiders lay out how to get hired at the top-ranking law firm (Insider)</a><a href="https://www.businessinsider.com/top-private-equity-investors-in-hollywood-entertainment-2021-7">Private equity investment in Hollywood is booming. Meet 13 players who backed hits from 'Knives Out' to 'Mare of Easttown.' (Insider)</a><a href="https://www.ft.com/content/4da3060c-8e1a-439f-a1d7-a6a4688ad6ca">Tether: the former plastic surgeon behind the crypto reserve currency (FT)</a><a href="https://www.nytimes.com/2021/07/15/nyregion/co-working-New-York.html">Co-Working Spaces Are Back. And There Are Many, Many Options. (NYT)</a><a href="https://cheddar.com/media/bitcoins-volatility-isnt-slowing-down-crypto-hiring-spree">Bitcoin's Volatility Isn't Slowing Down Crypto Hiring Spree (Cheddar)</a>

You Searched For "twitter alternative koo" and got 8 results

Curtains down for Koo; founders say little yellow bird bids final goodbye

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