
Sobha Ltd shares in focus as Q1 PAT surges 123% YoY
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Mint
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WhatsApp takes down 6.8 million accounts linked to criminal scam centers, Meta says
AP Updated 6 Aug 2025, 07:58 PM IST NEW YORK (AP) — WhatsApp has taken down 6.8 million accounts that were 'linked to criminal scam centers' targeting people online around that world, its parent company Meta said this week. The account deletions, which Meta said took place over the first six months of the year, arrive as part of wider company efforts to crack down on scams. In a Tuesday announcement, Meta said it was also rolling new tools on WhatsApp to help people spot scams — including a new safety overview that the platform will show when someone who is not in a user's contacts adds them to a group, as well as ongoing test alerts to pause before responding. Scams are becoming all too common and increasingly sophisticated in today's digital world — with too-good-to-be-true offers and unsolicited messages attempting to steal consumers' information or money filling our phones, social media and other corners of the internet each day. Meta noted that 'some of the most prolific' sources of scams are criminal scam centers, which often span from forced labor operated by organized crime — and warned that such efforts often target people on many platforms at once, in attempts to evade detection. That means that a scam campaign may start with messages over text or a dating app, for example, and then move to social media and payment platforms, the California-based company said. Meta, which also owns Facebook and Instagram, pointed to recent scam efforts that it said attempted to use its own apps — as well as TikTok, Telegram and AI-generated messages made using ChatGPT — to offer payments for fake likes, enlist people into a pyramid scheme and/or lure others into cryptocurrency investments. Meta linked these scams to a criminal scam center in Cambodia — and said it disrupted the campaign in partnership with ChatGPT maker OpenAI.


Economic Times
2 hours ago
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Indian bond yields spike 9 bps to 6.42% after RBI policy
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Economic Times
2 hours ago
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Hero MotoCorp reports nominal Q1 PAT growth despite lower sales, beats Street estimates
The country's largest two-wheeler maker Hero MotoCorp Wednesday beat street estimates to report a nominal growth in net profit at Rs 1125.70 crore despite lower sales for the first quarter ended June 30, 2025. ADVERTISEMENT The company had posted net profit of Rs 1122.63 crore in the corresponding period of the last financial year. Brokerage firm Motilal Oswal had expected the company to report 7% decline in net profit for the first quarter ended on back of weak volumes. Motilal Oswal also expected Hero MotoCorp to report 60 bps margin decline to 13.8%, citing a higher EV mix and weak ICE (internal combustion engine) sales. Revenues from operations in the period under review stood at Rs 9578.86 crore, which is a drop of 5.6% over Rs 10143.73 crore in Q1FY25. Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) last quarter stood at Rs 1382 crore. EBITDA margin remained flat at 14.4%. The company sold 13.67 lakh two-wheelers last quarter, which is a decline of 10.9% over 15.35 lakh units sold in the year-ago period. Vivek Anand, Chief Financial Officer, Hero MotoCorp, said, 'Our profitability and margins remained resilient, supported by strong demand for our entry & deluxe motorcycles and 125cc scooter segments. We are witnessing good traction in our electric mobility business (VIDA), and global operations also remained ahead of industry, reflecting the strength of our brand in international markets.' ADVERTISEMENT 'With favourable customer sentiment, upcoming festive season and a robust pipeline of new product launches, we are confident of sustaining and driving growth in the coming quarters', Anand added. Shares of Hero MotoCorp closed at Rs 4,474.50 apiece, down by 1.49% on BSE. The benchmark index fell by 0.21% to 80,543.99 Wednesday. The results were announced after market hours. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)