UBS just recorded its highest annual profit since the global financial crisis, allowing it to increase share buybacks and set more ambitious profit targets as it bets on more digital products resulting in significant cost reductions. In early trading, shares of Switzerland’s largest bank rose 6.5 percent to a four-year high. UBS said in its…

Is Koo, an Indian microblogging app, capable of defeating Twitter? According to Mayank Bidawatka, co-founder of Koo, the company intends to surpass Twitter’s 25 million-strong user base in India this year. By the end of 2021, it has surpassed 20 million downloads in the country. “We are now available in 10 languages, including English. This…