Tesla CEO Elon Musk should sell around 10% of his shares, according to 57.9% of those who participated in a Twitter poll asking if he should sell the holding. On Saturday, the world’s richest person tweeted that if users supported the idea, he would sell 10% of his stock. More than 3.5 million people voted in the poll. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk said on Saturday, adding that he does not take…
Read MoreAuthor: FutureTech
EdTech startup raised $63 million total funding since its launch
Brightchamps, an edtech startup that offers online courses in programming, artificial intelligence, design thinking, and financial literacy to children aged 6 to 16, has raised $63 million in total funding since its launch last August and is now valued at nearly $500 million, according to founder and CEO Ravi Bhushan. Premji Invest, the investment group of Wipro founder Azim Premji, has led a new $51 million round of fundraising, with participation from edtech investor GSV Ventures, Flipkart cofounder Binny Bansal-backed 021 Capital, and Singapore-based venture fund Beenext. GSV Ventures, located…
Read MoreWhatsApp rolling out multidevice capability
WhatsApp is rolling out multi-device support for Android and iOS users, but many users are complaining that their security codes have changed as a result. According to WhatsApp, the security code change is likely during the early stages of the multi-device feature’s introduction. The capability allows users to connect up to four linked devices without having to connect the phone. In a tweet, Wabetainfo stated that the messaging app intends to deliver warnings regarding security code changes when the user re-registers the account on a new phone. According to the…
Read MoreMicrosoft extends its surface laptop lineup for students
Microsoft seems to be eager to extend its Surface laptop lineup. According to reports, a new Surface Laptop is in the pipeline, with features indicating that Microsoft intends to develop the laptop just for students. The laptop is believed to be smaller than the existing Surface Laptop Go and will be Microsoft’s second effort to compete with mini-Chromebooks. Microsoft has assigned device the codename ‘Tenjin,’ and it has an 11.6-inch display. The tiny display screen will most likely feature a resolution of 1366 x 768 pixels. Microsoft would almost certainly…
Read MoreWhatsApp developing new community feature
WhatsApp, the premier encrypted messaging app, is rumoured to be developing a new feature dubbed the Communities feature. The likelihood of such a functionality was initially mentioned by XDA Developers in October. The Communities feature looks to provide group administrators additional control over their groups. This includes the option to establish groups inside groups, which is similar to how channels are organised within a Discord community. The ‘Community’ feature was discovered in WhatsApp’s most recent beta version, 2.21.21.6. For example, communities should include a system of invites by link or…
Read MorePaytm IPO starts from today: All you need to know
Paytm, India’s own own digital payment system formerly known as One97 Communications, will launch its initial public offering for subscription on November 8, 2021, in what will be India’s largest ever D-St debut since Coal India. Anchor investors for the $2.46 billion (Rs 183 billion) IPO include the world’s largest asset manager, BlackRock, the Canada Pension Plan Investment Board, and sovereign wealth funds from Singapore and Abu Dhabi. Anchor investors will purchase approximately half of the company’s IPO. The issue will be offered on November 8, 2021 and will end…
Read MoreBike Taxi startup Rapido sees its peak time after Covid 19
Rapido, an online bike taxi aggregator, said it has seen a sharp increase in demand since the relaxation of localized lockdowns in numerous areas, and the company has reached pre-covid high in recent weeks. Rapido expects to more than triple the number of transacting users on its network in the next 18 months as additional offices, schools, and colleges open across the country. “There are multiple instances these days of cab drivers and auto-rickshaws refusing customers,” said Arvind Sanka, cofounder at Rapido. “This has been driving up adoption of bike…
Read MoreApple rails against sideloading apps in iPhone
Apple has publicly reprimanded sideloading apps on its ecosystem several times in the past. In yet another indication of the tech giant’s attitude on the issue, a top Apple official has spoken out against any future law that would oblige Apple to expose its app store to sideloading. Apple senior vice president Craig Federighi recently spoke about the issue at the Web Summit 2021 in Lisbon. Federighi mentioned the Digital Markets Act legislation, which was introduced last year and might require Apple to enable the installation of apps from sources…
Read MorePaytm expressed interest in cryptocurrencies
Paytm, an Indian e-commerce company has expressed interest in cryptocurrencies, joining other financial institutions across the world. It appears that the company would contemplate delivering services centered on cryptocurrencies such as Bitcoin via its platforms, but only if regulatory approval is obtained in India. In a recent interview, a top Paytm executive hinted to the possibility. According to a Paytm representative, the uncertainties around cryptocurrencies are a big reason why the company has yet to enter the market. If India’s regulatory bodies can come up with a clear stance on…
Read MoreTelegram rolls out new features
Telegram has launched fresh updates to improve the app’s speed. The messaging app now has hyper-fast scrolling, a calendar view, a date bar, admin approval settings for invite links, chat themes, and other features. “Today’s update brings new ways to find memories in shared media with high-speed scrolling and a calendar view, an admin approval setting for invite links, global chat themes for your entire app, and more,” the Telegram blog read. The features have been rolled out for the iOS version of the app. Telegram has added a new…
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