Oppo F29 5G Series Set to Launch: Design, Specs, and Color Options Revealed

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Oppo is set to launch its latest F29 5G series in India, introducing two models: the Oppo F29 5G and the Oppo F29 Pro 5G. While several leaked specifications had previously surfaced online, the company has now officially confirmed key details about the lineup, including its launch date, features, and colour variants. The upcoming models are designed with durability in mind, continuing the legacy of their predecessor, the Oppo F27 5G, which debuted in India in August 2024.

The Oppo F29 5G series is scheduled to launch in India on March 20 at 12 PM IST, as confirmed by the company in a recent X post. Interested buyers will be able to purchase the phones through major online retailers, including Amazon, Flipkart, and the Oppo India e-store. The standard Oppo F29 5G will be available in two colours—Glacier Blue and Solid Purple—while the Pro model will be offered in Granite Black and Marble White.

Built to withstand tough conditions, the Oppo F29 5G series is being marketed as a “durable champion.” The devices feature a 360-degree Armour Body and boast a military-grade MIL-STD-810H-2022 certification, ensuring their resilience. Furthermore, the series has undergone SGS testing in India and meets high standards for dust and water resistance, carrying IP66, IP68, and IP69 ratings.

In addition to their durability, the Oppo F29 5G and F29 Pro 5G come equipped with innovative protective features, including Sponge Bionic Cushioning, a Raised Corner Design Cover, a Lens Protection Ring, and an Aerospace-grade aluminium alloy internal frame. These enhancements not only safeguard the devices against impacts but also add to their overall longevity, making them a compelling choice for users looking for both performance and durability.

Kyndryl Shares Drop After Gotham City Alleges Financial Manipulation

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Shares of Kyndryl (KD.N) fell nearly 13% on Thursday following allegations from short-seller Gotham City Research that the IT services company manipulated its financial metrics.

Allegations from Gotham City

  • Inflated Financial Metrics: Gotham City claims Kyndryl misrepresented adjusted EBITDA and adjusted free cash flow to appear profitable while actually losing money and burning cash.

  • Declining Revenue: The report argues Kyndryl has never generated free cash flow and has seen yearly revenue declines since its separation from IBM.

  • Hidden IBM Costs: Kyndryl allegedly understates its true costs to IBM, with the firm predicting a $1-2 billion increase in service costs over the coming years.

  • Accounting & Disclosure Irregularities: Gotham City also flagged questionable financial reporting related to IBM payments from 2019 to 2023.

Kyndryl’s Response

  • The company strongly denied the allegations, calling the report inaccurate and designed to manipulate the stock.

  • A Kyndryl spokesperson stated that the firm was never contacted by Gotham City and would have refuted the claims if given the opportunity.

Cleo AI Settles FTC Deception Charges for $17 Million

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Cleo AI has agreed to pay $17 million to settle U.S. Federal Trade Commission (FTC) charges that it misled consumers about cash advance amounts and processing times, the agency announced Thursday.

FTC Allegations

  • Cleo falsely advertised cash advances of $250 to $500, but most users received as little as $20.

  • The company promised “instant” or “same-day” cash transfers but often delayed payments until the next day—while charging extra fees for expedited service.

  • Cleo made subscription cancellations difficult, continuing to charge $5.99 or $14.99 monthly fees even after repeated cancellation requests.

Settlement Terms

  • Cleo must improve transparency, obtain informed consent before charging for services, and make subscription cancellations easier.

  • The $17 million settlement will be used to refund affected consumers.

Company Response

While denying any wrongdoing, Cleo’s general counsel, Colin Jones, said the FTC’s claims were inaccurate and reflected a misunderstanding of the company’s operations. He stated that settling was the best course of action to allow Cleo to focus on helping Americans improve their financial lives.