Facebook won’t be “Facebook” anymore: Zuckerberg plans to change the name

Facebook, the social media company that owns Instagram and WhatsApp, appears to be done with its brand name. According to a recent report, Mark Zuckerberg’s Facebook is going to change its name to reflect the company’s ambition to create a sort of metaverse of services. Briefly put, Facebook does not want to be known as a social networking company anymore and changing its name maybe its best option. According to The Verge, which cited sources familiar with the matter, the plans for the name change might be at the center…

The Instagram web got major updates

Instagram for the web has received major updates, allowing users to submit stories from their desktop web browser. Previously, Instagram users could only view stories on their desktop and post stories using their mobile app. However, the Facebook-owned company has now made it easier for users to manage their accounts on desktop computer browsers as well. Instagram users now have a variety of choices available at the top right corner of their tab, including the ability to send messages and publish posts, as well as an explore tab that allows…

ConveGenius raises $6.2 million in a funding round

Edtech startup ConveGenius secured $5 million investment in a funding round led by BAce Capital, Heritas Capital and 3Lines Venture Capital to expand its product range and also to launch conversational AI platform, ConveGenius AI in India and global markets. Founded in 2013 by Jairaj Bhattacharya and Shashank Pandey, the edutainment startup plans to scale its vision beyond education to all knowledge services and expand globally, targeting 1 Bn households globally, with ConveGeniusAI platform. The startup intends to develop its product portfolio on the WhatsApp ecosystem and other conversational AI-…

Bengaluru based startup raised $2.2 million

Onato, a fresh fruit supply chain startup based in Bengaluru, has raised $2.2 million in a seed round headed by Vertex Ventures. Agritech investor omnivore also participated in the round. Onato is a developing a digital platform to address inefficiencies in fresh produce supply networks founded in 2021 by Vedant Katiyar and Ashish Jindal. Jinesh Shah, a managing partner of Omnivore, said, “Onato’s well-crafted digital intervention and robust fulfilment process are easing the burden of credit in the supply chain. The startup is also solving the issue of income instability…

Apple is all set to launch new Beats Fit Pro earbuds

Apple plans to release new Beats Fit Pro earphones next month as per the report from 9to5Mac. According to reports, the Beats Fit Pro will have active noise cancellation as well as Apple’s H1 processor for faster connection speeds and hands-free Siri integration. According to 9to5Mac, pictures of the Beats Fit Pro were found in “internal iOS 15.1 RC files.” The picture shows Beats Fit Pro with a design similar to Apple’s Beats Studio Buds launched earlier this year. They’ll reportedly be available in black, grey, white, and purple. According…

FCC to put an end to illegal robotexts

The Federal Communications Commission wants to remove illegal robotext messages. Acting Chairwoman Jessica Rosenworcel announced on Monday that the agency will explore rules requiring mobile wireless carriers to block illegal text messages. The FCC is already fighting illegal robocalls, which are automated dialers that flood customers’ phones with annoying calls, many of which are scams, such as those selling fake automobile warranties. Robocalls are also used by criminals to obtain personal information, such as calls impersonating official institutions such as the IRS. Earlier this summer, the FCC required that all…

Oppo launched an accelerator program for early-stage startups

OPPO’s India entity has launched an accelerator program named Elevate to promote technology and innovation’ by engaging with early-stage startups in the country. The Chinese consumer electronics giant expects that by launching the initiative, it would be able to drive innovation in India and mentor startups that will bring about significant technological breakthroughs in the sector of consumer electronics. The program is focused on startups in the field of image processing, battery tech, network systems, payments, AI, gaming, etc. It also collaborates with the governments of Kerala and Telangana, as…

Crypto asset startup Mudrex launched a mutual fund like investment plan

Crypto asset startup Mudrex, has introduced ‘Coin Sets,’ a mutual-fund-like crypto investment product aimed at retail investors. Nexus Venture Partners and Y Combinator have invested in the Bengaluru and San Francisco-based venture. Mudrex, which was founded in 2018 by Edul Patel, Rohit Goyal, Alankar Saxena, and Prince Arora, helps to streamline crypto investing for retail investors by packaging crypto tokens in a manner comparable to current investment products such as mutual funds and exchange-traded funds. Coin Sets are ‘baskets’ that include several crypto tokens that all fit under a specific…

Govt may issue regulations to teardown Chinese phones due to data security concerns

The Indian government may issue a regulation requiring the teardown or in-depth testing of phones to guarantee that devices and installed apps are not spying on citizens. To combat suspected cyber snooping, the government is allegedly compiling a list of trusted providers and companies for telecom equipment and networking products. The move is regarded as a response to Chinese aggression at the India-China border. According to sources acquainted with the scenario, Chinese brands would be targeted if the regulation is implemented. The rule aims to keep Chinese companies like Huawei…