Apple lost its title as the world’s most valuable public company to Microsoft on friday, as the iPhone maker’s shares slid around 2%. Apple’s sales were affected by a $6 billion (approximately Rs. 44,940 crore) hit during the fiscal fourth quarter owing to continuous worldwide supply chain issues, resulting in a shortfall on Wall Street expectations. Tim Cook, Apple’s CEO, stated that the impact will be considerably greater in the current Holiday sales quarter. Apple’s stock fell 1.8 percent to close at $149.80 (about Rs. 11,200), giving the company a…
Read MoreMonth: October 2021
Twitter blue labs to offer early feature access to premium users
Twitter, which often tests new features prior to their official deployment, has established a new option for select users to test these new features ahead of everyone else. Twitter has announced that members to its premium Twitter Blue service will get early access to new features under the new Labs label. It appears to be a similar strategy to those familiar with YouTube’s Labs features for Premium users. Pinned discussions on iOS, which allows users to pin DM talks to the top of the list, and the option to publish…
Read MoreDelhi Government launched paryavaran sathi chatbot to fight against pollution
Delhi Environment Minister Gopal Rai launched a chatbot and website to encourage people to participate in the battle against pollution on Thursday. Regarding the “Paryavaran Saathi” chatbot, Rai said that people may discuss the steps they are taking to combat pollution on WhatsApp number 9650414141 and be rewarded with points. He added that the top 100 performers will be honored. The Chatbot is a collaborative initiative with UNICEF’s YuWaah, with over 10 lakh youth now linked, 50 thousand of them are from Delhi. “One can simply text ”Hi” on WhatsApp…
Read MoreFinally, The JioPhone Next is here
The much-anticipated entry-level smartphone from Jio, the jioPhone Next, is now available for pre-order in India and will be available in stores on the occassion of diwali. Jio has already shared details about the smartphone, and here is what you can expect from the next smartphone that is likely to revolutionise the affordable pricing category. For those who are unaware, Reliance Industries chairman Mukesh Ambani initially unveiled JioPhone Next during the company’s earnings conference in June. The phone was supposed to be released in September at the time. After repeated…
Read MoreFacebook rebranding: All you need to know
Mark Zuckerberg revealed on Thursday that Facebook’s corporate name will henceforth be Meta. As a result, when CEO Mark Zuckerberg revealed “one more thing” late Thursday during the Facebook Connect 2021 event, many guessed right that the rebranding was set to be announced. However, as multiple viral social media posts indicate, this does not imply that Facebook social media will become Meta. However, the rebranding doesn’t seem to go well, since Facebook lost out on the @meta Instagram handle since a motorcycling magazine had already taken it. Interestingly, Facebook obtained…
Read MoreWhatsApp will stop working on Older iOS and android phone from November 1st
WhatsApp will stop working on older iOS and Android smartphones from November 1. Such rumours circulate every year, but this time WhatsApp has revised its FAQ page to clarify that some older smartphones will no longer support the messaging service, and the company has also advised users to update their apps or move to a compatible device. WhatsApp’s FAQ page has been revised to state that the messaging application will only operate on Android phones running OS 4.1 or later. From November 1, 2021, WhatsApp will no longer support Android…
Read MoreRealme to launch its electric scooter soon
Popular smartphone brand Realme plans to launch its electric scooter in India. It’s not surprising given that Realme’s biggest opponent, Xiaomi, already offers electric scooters in China, and Realme’s parent company, Oppo, recently launched its Carlink smart vehicle solution. According to RushLane, Realme registered a trademark with the Indian regulator for “vehicles, apparatus for locomotion by land, air, or water” just a few months after launching its first smartphone in India. Realme entered the Indian smartphone market in 2018, indicating that the business has long had intentions for an EV….
Read MoreB Capital leads $50 Mn round in neobank Fi
Neobanking startup Fi has secured roughly $50 million in what looks to be a Series B round lead by B Capital. This is the Bengaluru-based startup’s second round in 2021. It raised a $12 million Series A round in June. According to regulatory filings with RoC, Fi has approved the allotment of 1 equity and 3,90,531 Series B CCPS with a face value of Rs 10 and a premium of Rs 9,485.25 per share to raise Rs 370.81 crore, or close to $50 million. B Capital led the round with…
Read MoreNew Delhi based startup raised huge investments
Vanity Wagon, a clean beauty startup based in New Delhi, announced today that it has raised Rs 5.5 crore in a pre-Series A fundraising round headed by Inflection Point Ventures. Venture Catalysts, Lotus Herbals, and the existing investors – Agility Ventures (headed by Mr. Dhianu Das) and a consortium of HNIs – also participated in the investment round. Vanity Wagon was founded in September 2018 by Prateek Ruhail, Naina Ruhail, and Sahil Shrestha, promises to be India’s first true information-oriented clean beauty marketplace with an emphasis on non-toxic products and…
Read MoreSocial commerce startup Meesho set to buy back ESOPs worth $5.5 Mn
Social commerce platform Meesho has launched a $5.5 million employee stock ownership plan (ESOP) liquidity programme for all qualifying current and past employees holding vested stock. The ESOP buyback scheme is scheduled to begin in November. According to two people familiar with the details of the liquidity strategy, Meesho employees who are currently on roll and have vested ESOPs as of November 30 would be eligible for the buyback, along with former employees. This is Meesho’s second ESOP buyback in less than a year, and its third since 2020. It…
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