EMPOWERING INNOVATION

Browsing author

FutureTech

Cryptocurrencies are serious threat to financial system: RBI Governor

  RBI Governor Shaktikanta Das underlined the challenges posed by cryptocurrencies such as Bitcoin RBI may soon launch India’s own cryptocurrency Governor of the Reserve Bank of India Shaktikanta Das has reiterated his concerns about cryptocurrencies, calling them a threat to any financial system until they are regulated. During an event, the Governor of the Reserve Bank of India shared his thoughts and stated that cryptocurrencies pose major challenges to the country’s macroeconomic and financial stability, and he also questioned the number of investors that trade on them, as well as their…

Share2
Tweet
Share
Pin
2 Shares
FutureTech 0

Wakefit wakes up to new business plans

Home solution startup Wakefit raised $28 million in investment  The new fund will be used for omnichannel expansion goals Wakefit, the startup that provides sleep and home solutions, has secured Rs 200 crore ($28 million) in a fundraising round led by US-based SIG, with participation from existing investors Sequoia Capital India and Verlinvest. Wakefit intends to use the additional capital to finance its omni-channel expansion goals, as well as to strengthen its supply chain, technology development, and marketing. The company also aims to enter the home interiors market. The startup…

Share26
Tweet
Share
Pin
26 Shares
FutureTech 0

Meta removing sensitive ad-targeting options

Meta, formerly Facebook, announced the removal of sensitive ad-targeting options, such as advertisements based on interactions with information on ethnicity, health, religious practises, political views, or sexual orientation. In recent years, the newly renamed Meta, which derives the majority of its revenue from digital advertising, has been chastised for its ad-targeting techniques and rules. The changes would take effect on January 19, 2022. In a blog post, Meta listed several targeted categories that would no longer be permitted on its platforms, including “Lung cancer awareness,” “World Diabetes Day,” “LGBT culture,”…

Share16
Tweet
Share
Pin
16 Shares
FutureTech 0

Youtube will hide Dislike counts from videos

YouTube has introduced a much-needed update that will greatly benefit the website’s creators. The company has stated that it would no longer display hate counts on videos. This does not mean that users will not notice or be able to use the dislike button; it only means that the dislike count will not be visible to visitors. According to the company, this action will shield the creators from targeted harassment. People frequently misuse YouTube to start personal vendettas against celebrities or influencers. People from huge groups purposefully push the hate…

Share8
Tweet
Share
Pin
8 Shares
FutureTech 0

Agritech startup receives $8 million investment

Unnati Agri, a fintech-driven agriculture service platform, has secured Rs 60 crore (about $8 million) in a Series A round-headed by Incofin Investment Management, NabVentures, and Orios.  According to the Noida-based startup, the new funds will be used to expand its uStore network and technological infrastructure. The platform is also considering expanding geographically to Haryana, Andhra Pradesh, Madhya Pradesh, Rajasthan, and future development into Uttar Pradesh, Bihar, and Maharashtra. Unnati, founded by Amit Sinha, former COO of Paytm Mall, brings together everything from pre-harvest advice to post-harvest services to working…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Zomato invests $175 million in various startups

Zomato announced three significant strategic investments on Wednesday. Deepinder Goyal’s company will invest around $175 million in Magicpin, Curefit, and Shiprocket. Magicpin is an offline discovery and reward network and, has received $60 million in its Series D round, with Zomato investing $50 million for a 16 percent stake. Existing investors, including Lightspeed Venture Partners, also participated in the round. Magicpin’s valuation has now increased to a little over $312 million worth of this round. It’s worth noting that Magicpin has previously added Zomato co-founder and CEO Goyal to its board…

Share17
Tweet
Share
Pin
17 Shares
FutureTech 0

Wi-Fi Halow : promises up to 1 km range

The next innovation in Wi-Fi will enable a long-range connection of up to 1 kilometer while using much less power. The advantages are being touted for Wi-Fi HaLow, which has now been certified by the Wi-Fi Alliance, a worldwide network of companies that provides Wi-Fi. Wi-Fi HaLow was developed in response to the significant increase in the use of Internet of Things (IoT) devices. As IoT applications grow in industries and homes, an increasing number of devices must remain constantly linked to the Internet. According to the Wi-Fi Alliance, Wi-Fi…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Google experienced a setback after losing court challenge against EU

Alphabet unit Google suffered a loss on Wednesday when Europe’s second-highest court dismissed its challenge to an EU antitrust ruling and a 2.42 billion euro ($2.8 billion) penalty, a huge victory for EU competition chief Margrethe Vestager. In 2017, Vestager sanctioned the world’s most popular internet search engine for favoring its own price-comparison shopping service, giving it an unfair edge over smaller European rivals. The shopping case was the first of three decisions that have resulted in a total of 8.25 billion euros in EU antitrust fines for Google over…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

WhatsApp working on default message timer : New feature alert

WhatsApp has started working on a slew of new features. However, before the features make it to the stable version of the app, WhatsApp was seen testing them on the beta version. Wabetainfo, a well-known tipster, has discovered a dozen new features in the app. According to the WhatsApp features tracker, WhatsApp is testing the new UI for more beta testers, as well as the default message timer and improvements to the multi-device system. The features are now available in the most recent version of WhatsApp for Android beta. “WhatsApp has…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Motorola to release Moto G power 2022 soon

Motorola may soon release the Moto G Power 2022. Evan Blass, a tipster described the phone as “Tonga.” The Geekbench listing did not reveal much about the Moto G Power 2022’s smartphone specifications, but it did reveal that the smartphone will run Android 11 and have 4GB RAM. The Moto G Power (2022) will be powered by an octa-core Helio G35 processor, according to Geekbench (MT6765H). The processor will be paired with 4GB of RAM and will send with Android 11 pre-installed. In terms of Geekbench scores, the smartphone achieved…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0