DST Global invests in Indian super-fast grocery delivery unicorn Zepto, Google decides to remove infinite scroll feature in search results and other news on June 26.

DST Global invested in the Indian “unicorn” Zepto, Google abandoned endless scrolling: the main thing on June 26
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Investments

  • DST Global has invested in Zepto, India’s ultra-fast grocery delivery unicorn. Nexus Venture Partners, StepStone Group and others participated in the $665 million Series F.

Russia

  • In January-May 2024, the Russian federal budget received more than 57 billion from the so-called tax on the rich, those who pay 15% on income over 5 million a year. This is one and a half times more than in the same period last year.
  • ANO Digital Economy filed lawsuits against its former founders, Rusnano JSC and Tsifra LLC, for non-payment of fees. The organization, overseen by Deputy Prime Minister Dmitry Grigorenko, told RB.RU that it “has exhausted measures for pre-trial dispute settlement.” In total, the nanocompany and the developer of solutions for the digitalization of industry owed ANO 35 million rubles.

Services and technologies

  • Google has decided to abandon the infinite scroll feature in search results. It was released for mobile devices in 2021 and for PC in late 2022.

Author:

Team RB

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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