{"id":876277,"date":"2024-11-13T08:41:40","date_gmt":"2024-11-13T03:11:40","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=876277"},"modified":"2024-11-13T09:01:04","modified_gmt":"2024-11-13T03:31:04","slug":"us-judge-orders-byjus-to-restore-ownership-of-1-million-per-month-education-apps-transferred-away-from-lenders","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/13\/us-judge-orders-byjus-to-restore-ownership-of-1-million-per-month-education-apps-transferred-away-from-lenders\/","title":{"rendered":"US judge orders Byju\u2019s to restore ownership of $1 million-per-month education apps transferred away from lenders"},"content":{"rendered":"<p>Two money-making education apps that are part of the troubled Byju\u2019s software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday. <\/p>\n<p>A \u201crogue officer\u201d manipulated Apple Inc. into changing the ownership \u2014 and the revenue stream \u2014 of two apps that bring in about $1 million a month, according to the trustee, who controls three of Byju\u2019s US units.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two money-making education apps that are part of the troubled Byju\u2019s software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday. A \u201crogue officer\u201d manipulated Apple Inc. into changing the ownership \u2014 and the revenue stream \u2014 of two apps that bring in about $1 million a month, according to the trustee, who controls three of Byju\u2019s US units.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-876277","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/876277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=876277"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/876277\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=876277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=876277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=876277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}