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IFTSCA 2022 rewarded some of the best tech startups of India: Heliware wins the best tech startup award

Startups in the country had to overcome a hostile business environment, wary investors and a country under lockdown for the past two years due to cov8id 19 pandemic. however, In the era of innovation, transformation and technology, a tide of budding ventures in India are all set to take on the world and many have even put the country on the global map. A huge number of startups grew stronger by joining hands with technology and providing a positive impact on society. The India first tech startup conclave and awards…

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Donald Trump’s social media app is set to be launched via Apple app store

Trump said in October 2021 that he would start Truth Social, a social media site that would “fight up to the tyranny of Big Tech.” Trump Media & Technology Group, which was founded lately, owns the app. A verified account for the network’s chief product officer, Billy B., responded to queries about the app from users asked to use it during its test period in a series of postings late Friday. One user asked as to when the app, which had been accessible for beta testers this week, will be…

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Jio Platforms picks up 25 percentage stake in US-based tech startup TWO for $15 mn

Jio Platforms, led by RIL promoter Mukesh Ambani, has purchased a 25% stake in TWO Platforms, a deep-tech startup based in the United States, for $15 million. TWO Platforms is an artificial reality company that focuses on building interactive and immersive AI experiences. It was founded by Indian-origin computer scientist Pranav Mistry in July of last year. Its platform enables AI voice and video calls in real time, as well as digital humans, immersive environments, and life-like gaming. “We are impressed with the strong experience and capabilities of the founding…

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Board is yet to receive interim or final governance review report, has followed due process, says BharatPe

BharatPe said in a statement that the board has followed due process in all of its actions in the best interests of the company and that it has yet to receive an interim of the final governance review report, despite the allegations made against board members. The announcement comes after BharatPe Managing Director Ashneer Grover said in an interview with Moneycontrol that the board was pressuring him to leave the company. “We are deeply pained that the integrity of the BharatPe board or individual board members is being questioned time…

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RBI to issue digital rupee based on blockchain technology in 2022-23, fate of Bitcoin unclear

Finance Minister Nirmala Sitharaman confirmed that the Reserve Bank of India will issue a digital rupee soon on Tuesday morning. The RBI’s digital currency will be based on blockchain technology, which is the same technology that powers Bitcoin and other popular cryptocurrencies. The finance minister stated that a digital rupee would be issued by 2022-23, but did not elaborate on the future of Bitcoin and other crypto tokens. “Digital currency will also lead to a more efficient and cheaper currency management system. It is therefore proposed to introduce a digital…

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Donald Trump’s own social media platform TRUTH will be launched in Feb 21st 2022

Former US President Donald Trump is set to launch his own social media platform, Truth Social, on February 21. After being found guilty of inciting violence against the Capitol Hill building, Trump was barred from using any social media platform. Trump will reconnect with his fans on his own social media platform after a hiatus from social media. The Truth Social app is already available on the App Store. The Trump Media & Technology Group (TMTGTruth )’s Social is similar to Twitter. According to the app’s demo photos, the app…

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A new report reveals $275 Mn worth deal between Apple CEO Tim Cook and china

Apple’s Cook signed a deal worth $275 billion in 2016 with the Chinese government. The deal involved investment in tech companies, startups, projects, and more. Apple CEO Tim Cook signed a $275 billion deal with the Chinese government in 2016 as per a new report. Cook met with Chinese government officials in an attempt to ease regulatory actions that were due to be implemented at the time, and he assured the investment. The agreement aimed to boost China’s economy while also increasing the workforce’s technological skill sets. The Information (via…

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Former Nazara CTO Vamsi Talasila joins RESET TECH as co-founder and CTO

He will spearhead the company’s product and technology initiative At RESET TECH, he will work alongside other co-founders Karan Talreja and Luke Coutinho and take part in the leadership and decision making of the startup. Former CTO of Nazara Technologies Ltd, Vamsi Talasila has joined health-tech firm RESET TECH (K&L Wellness Technology Pvt. Ltd) as co-founder and CTO. Talasila’s new responsibilities will include developing the company’s technology platform and expanding its global operations. He will also lead the company’s product and technology initiatives, beginning with product development and progressing to…

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Disney names Susan Arnold as its first woman chair in its 98-year history

Mrs Susan Arnold is the woman to be named to the role in the entertainment company’s 98-year-long history. She has also served in senior roles at some of America’s biggest companies. The Walt Disney Company (DIS.N) named Susan Arnold as its chairman of the board on Wednesday, making her the first woman to hold the position in the company’s 98-year history. Arnold, who has been a member of the board for 14 years, will take over for Bob Iger on December 31. “As I step into this new role as…

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Sundar Pichai reveals Google’s plan for India

Sundar Pichai sees Google’s future in its oldest offering: internet search. Free and open internet has helped connect the world and create opportunities. While many other technology behemoths see the metaverse as the next frontier of growth, Sundar Pichai sees Google’s future in its most traditional offering: internet search. Pichai stated at the HT Leadership Summit 2021 that Google remains committed to playing a strong enabling role in supporting the growth of the Indian market through various efforts across cloud, AI, and Android. “I feel fortunate our mission is timeless,” Pichai,…

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