Unexpectedly, Apple Inc. has stated that it will be releasing Apple Intelligence—a new line of artificial intelligence features—behind schedule in the EU. Two more eagerly awaited features, iPhone Mirroring and SharePlay Screen Sharing, will now be delayed until at least 2025 as a result of this decision, which was made public today. Innovation and Regulation…
In a recent fundraising round, Zepto, a startup that specialized in lightning-fast deliveries, successfully raised $665 million. This is a significant advancement for India’s fast-commerce sector. Zepto’s valuation has increased to an astounding $3.6 billion, more than doubling, thanks to its most recent fundraising round. Zepto will be able to continue its rapid expansion and…
In a stark reminder of the volatility within the start-up ecosystem, Bengaluru-based ReshaMandi, a promising B2B marketplace for the textiles and fashion industry, has laid off 80% of its workforce following a failed attempt to secure Series B funding. This drastic reduction highlights the severe financial strain the company faces. Financial Struggles and Layoffs The…
June 21, 2024, New Delhi The well-known food delivery service Zomato has unveiled a cutting-edge feature that lets users see how many orders are currently in progress throughout India. Deepinder Goyal, the CEO of Zomato, revealed this new real-time order counter in a post on X (formerly Twitter). As soon as a user completes their…
June 21st, Mumbai: Users were unable to make orders during a vital market session on Friday due to Zerodha, India’s famous online trading site, experiencing yet another technical setback. Domestic benchmark indexes reached new highs on June 3 following exit polls projecting a third term for PM Modi’s government, and this episode comes only weeks…
New Delhi, June 20 According to a recent United Nations Conference on Trade and Development (UNCTAD) study, India’s foreign direct investment (FDI) inflows fell sharply by 43% to $28 billion in 2023. As a result of this significant reduction, India fell from eighth place in 2022 to fifteenth place in worldwide FDI rankings. Despite the…
Meta, the parent company of Facebook and Instagram, has announced a significant restructuring of its hardware division, Reality Labs. This marks the most substantial overhaul since the division was renamed in 2020, reflecting Meta’s strategic pivot towards augmented reality (AR) and the Metaverse. According to reports from The Verge, the restructuring involves consolidating Reality Labs…
Nvidia has surpassed Microsoft to become the most valuable corporation in the world, with a market valuation of $3.335 trillion, causing a seismic upheaval in the tech sector. The chip giant’s rise to the top was highlighted by a 3.5% increase in share price, which brought it to $135.58 per share. Only a few days…
In a bold proclamation, Elon Musk, CEO of Neuralink and renowned entrepreneur behind Tesla and SpaceX, has predicted a future where traditional smartphones will become obsolete, supplanted by Neuralink’s revolutionary brain chip technology. Musk’s visionary statement emerged in response to an AI-generated image circulating on social media, depicting him with a neural network design on…
Amid rising demand for pilots in India’s aviation sector, Air India is making a strategic move by building a cutting-edge pilot training facility in Amravati, Maharashtra. This endeavor, as reported by The Economic Times, represents a substantial departure from the conventional dependence on independent flight schools both in India and abroad. Vision for the Future…
