EMPOWERING INNOVATION
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Gunfire Near White House Dinner Sparks Panic; Trump Evacuated, Suspect in Custody

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India Sets Global Benchmark in Esports Governance: Online Gaming Authority to Transform Industry from May 1

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Technoxian Expands to South America: Ecuador Joins Global Robotics Movement Through Landmark WORSO–STEAMUP Partnership

India’s Reliance seen emerging as bigger threat for U.S. firms like Amazon, Walmart !!

A $20 billion fund raising spree may take India’s Reliance closer to its dream of becoming a digital giant, further threatening the ambitious plans U.S. companies like Amazon, Walmart and Zoom have for India. Stake sales in Reliance’s digital unit Jio Platforms attracted is not just private equity and sovereign wealth funds but also Google and Facebook, a strong endorsement for an enterprise that until a few years ago focussed largely on oil refining. Some industry watchers equate Reliance’s digital plans – which extend from online shopping and cloud computing to…

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Freecharge founder Sandeep Tandon sets aside Rs 100 crore for early-stage hardware bets !!

Sandeep Tandon, is the founder of online financial services player Freecharge, has allocated Rs 100 crore from his family office to invest in early-stage companies in the hardware, manufacturing, and Internet of Things (IOT) space. The investment arm will cut average cheque taht  sizes of between Rs 2 crore and Rs 6 crore, Tandon told ET in an exclusive interview. The Rs 100-crore allocation will be managed by Tandon’s venture capital arm, Whiteboard Capital, and will be supplemented by dedicated team members with prior experience in manufacturing technology. Tandon’s family office…

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As e-learning takes hold, creators flock to startups !!

Professionals looking to set up an e-learning businesses quickly are flocking to startups like Knorish and Invanto, and earning big money in the process. Yoga trainers, wine connoisseurs, primary school teachers, digital marketers, cybersecurity experts and business management grads are all looking to the startups to build personalised websites so that they are impart skillsets through paid video content. Software as a Service startup Knorish, launched in 2018, has built e-learning businesses for 4,500 creators in the last four months, after onboarding just 500 customers till March. “These creators upload recorded videos or take live…

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Bengaluru beware: Under the radar town quietly emerges as startup hub !!

Bengaluru : It takes just one startup to change the narrative of an ecosystem. Last week, Chandigarh-based PrepLadder became that startup, when the medical entrance test preparation platform was acquired by Facebook-backed educational technology company Unacademy for $50 million in a cash-and-stock deal. The exit, hailed by founders and investors alike, it is indicative of a fledgling startup ecosystem in Chandigarh, which a clutch of homegrown venture capital-backed companies — in sectors such as ed-tech, agri-tech, content tech, Software as a Services (SaaS) and consumer goods — call home. The founders of these startups, both…

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Reliance launches Jio Glass: What it is and how it works !!

Reliance Industries Limited (RIL) hosted its 43rd annual general meeting (AGM) on Wednesday. At the event, which was held virtually for the first time in wake of the Covid-19 pandemic, the company launched the Jio Glass. Jio Glass is a mixed reality (MR)-based holographic lens system that enables users to perform various tasks such as host conference calls, share and view presentations and hold discussions among other things. Design wise, Jio Glass comes with a plastic frame that has a camera in the front between the two lenses. At the back it…

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Reliance AGM 2020 highlights: Google investment, homegrown 5G and lots more !!

Reliance Industries held its 43rd Annual General Meeting today. The company made some major announcements and developments on different products. Reliance chairman Mukesh Ambani announced a new investment in Jio Platforms from Google. Jio and Google will also work on an entry-level phone for Indian users. Jio Glass, a Mixed Reality-based smart glasses was also unveiled at the event. Here are the highlights from the Reliance AGM : Net carbon-zero by 2035: Reliance aims to become net carbon-zero by 2035. JioMart grocery platform: Jio is currently piloting the beta version of JioMart…

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Apple paid Samsung almost $1 billion penalty, here’s why !!

Apple has reportedly paid Samsung a penalty amount of almost $1 billion for failing to purchase OLED displays as required. Samsung Display is Apple’s biggest OLED supplier for its iPhones. It was earlier reported that Apple paid Samsung around $745 million for not meeting the OLED display purchase requirement. But a new report from Display Supply Chain says that the penalty was actually around $950 million. This payment has also reportedly boosted Samsung’s Q2 revenue with the company estimated to have received a “one-time gain related to its display business”. Samsung didn’t…

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On World Youth Skills Day, PM Modi’s mantra is skill, re-skill and up-skill !!

New Delhi: Prime Minister Narendra Modi on Wednesday delivered an address to mark the World Youth Skills Day 2020. The Skill India Mission was launched 5 years ago on this day, an official statement said on Tuesday. A digital conclave was also being organised by the Ministry of Skill Development and Entrepreneurship to mark the occasion. Here are the Highlights: The biggest strength is skill. It is the ability to skill which is crucial. COVID-19 has changed the nature of our jobs. There is a new work culture today. Due…

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PM Modi to address digital conclave on World Youth Skills Day and all the latest news !!

New Delhi: Prime Minister Narendra Modi will address a digital conclave on Wednesday, on the occasion of World Youth Skills Day (WYSD). His address will begin at 11 am. This day marks the fifth anniversary of the launch of Skill India Mission. That conclave has been organised by the Ministry of Skill Development and Entrepreneurship. WYSD is an event recognised by the United Nations and is celebrated on July 15 every year. It was designated by the General Assembly (UNGA) in 2014. While passing a resolution, the UNGA had expressed…

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Airtel BlueJeans video conferencing app is here, set to take on Reliance’s JioMeet, Zoom  !!

Airtel on Tuesday announced a partnership with US-based telecom giant Verizon. As a part of this partnership Verizon is bringing its BlueJeans video-conferencing solution in India. Airtel BlueJeans, as the newly launched video-conferencing solution is called, it is available only to the enterprises. This is quite similar to video-conferencing platforms such as Cisco WebEx and Microsoft Teams that are available only to businesses. As far as from the features are concerned, Airtel BlueJeans comes with a host of features that make it make an ideal for the enterprises. For starters, it can…

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