BLOOMBERG GoTo Group cut its 2023 loss projection after staunching some of the bleeding in the second quarter, taking the Indonesian internet leader closer to its goal of getting into the black after an era of costly expansion. Its shares rose 6.6% in Jakarta, the biggest gain since June. Indonesia’s largest tech company reported second-quarter adjusted loss before interest, taxes, …

SHARJAH / GULF TIME The leading regional children’s youth film festival, Sharjah International Film Festival for Children and Youth (SIFF) has announced the “Junior Jurors” for 2023. The festival is dedicated to enhancing the media literacy of children and youth, fostering children’s and youth’s creativity and showcasing the very best in filmmaking for, by and about children and young people. …

BLOOMBERG A period of unusual calm in crypto markets ended abruptly  as the notion of higher-for-longer interest rates sparked a selloff in risk assets like Bitcoin, leading to mass liquidations of bullish bets. The rout pushed Bitcoin from near $29,000 to as low as $25,314 in a 24-hour span before the biggest token recovered slightly in early European trading on …