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Global Rice Prices Surge Amidst Multiple Factors-thumnail

Global Rice Prices Surge Amidst Multiple Factors

The global rice market is currently witnessing a substantial upsurge in prices, reaching its highest point in the past 11 years. This escalation can primarily be attributed to India’s decision

Economy

Jul 6, 2023

Brinc introduces a new program for climate-tech businesses-thumnail

Brinc introduces a new program for climate-tech businesses

Brinc, a Hong Kong-based accelerator funded by investors such as Animoca Brands, has launched a new programme for early-stage climate tech firms. The three-month programme is designed for entrepreneurs interested

Industry

Jul 6, 2023

ChatGPT downloads see a fall of 9.7% in June ‘23 for the first time since the launch-thumnail

ChatGPT downloads see a fall of 9.7% in June ‘23 for the first time since the launch

ChatGPT, the AI chatbot that captivate­d the world’s attention, expe­rienced a decline­ in website traffic and unique visitors for the­ first time in June. This data implies a possible­ saturation of interest and an increasing de­mand for real-time gene­rative AI. Furthermore, Ope­nAI’s revenue proje­ctions and market competition are also inve­stigated.

Business

Jul 6, 2023

Samsung’s benefit is likely most minimal in over 14 years as chip excess continues-thumnail

Samsung’s benefit is likely most minimal in over 14 years as chip excess continues

Samsung Hardware’s June-quarter benefit is supposed to plunge 96% on-year to the most minimal for any quarter in over 14 years, as a chip excess keeps on driving huge misfortunes

Economy

Jul 6, 2023

Despite the AI frenzy, venture capital funding falls sharply in the first half of the year-thumnail

Despite the AI frenzy, venture capital funding falls sharply in the first half of the year

According to research firm PitchBook’s data, venture capital funding nearly fell in half globally in the first half of 2023, indicating a lack of interest on the part of investors

Investment & Funding

Jul 6, 2023

Battery Smart has raised $33 million in funding from Tiger Global, Blume Ventures, and others-thumnail

Battery Smart has raised $33 million in funding from Tiger Global, Blume Ventures, and others

In a pre-Series B investment round, Battery Smart has secured $33 million. The startup’s existing backers Tiger Global and Blume Ventures, as well as new investors The Ecosystem Integrity Fund (EIF) and British International Investment (BII), participated in the round.

Investment & Funding

Jul 6, 2023

JetBlue says it will end its alliance with America to save the Soul consolidation bargain-thumnail

JetBlue says it will end its alliance with America to save the Soul consolidation bargain

JetBlue Aviation routes, trying to safeguard an arranged $3.8 billion acquisition of Soul Carriers (NYSE: SAVE), said on Wednesday it would follow a U.S. judge’s order that it end a

Finance

Jul 6, 2023

The Indian Institute of Technology will open its first overseas campus in Tanzania-thumnail

The Indian Institute of Technology will open its first overseas campus in Tanzania

Tanzania’s Zanzibar will be home to the first Indian Institute of Technology campus to be established outside of India. In the presence of Dr Hussein Ali Mwinyi, President of Zanzibar, and Dr S. Jaishankar, Minister of External Affairs, a Memorandum of Understanding (MoU) for the establishment of an IIT Madras campus in Zanzibar, Tanzania, was signed on Thursday between the Ministry of Education (MoE), IIT Madras, and the Ministry of Education and Vocational Training (MoEVT), Zanzibar, Tanzania.

News

Jul 6, 2023

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe-thumnail

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe

Since 2022, the fintech business BharatPe has been embroiled in a series of issues. Several C-suite executives have left the organization. Pankaj Goel has been appointed as the company’s new Chief Technology Officer by fintech upstart BharatPe.

Business

Jul 6, 2023

Haier; Appliance and TV manufacturer to invest 1000 cr on India expansion plans-thumnail

Haier; Appliance and TV manufacturer to invest 1000 cr on India expansion plans

Appliance manufacturer Haier has announced its plan to invest ₹1,000 crore in the next three years for manufacturing expansion and backward integration.

Investment & Funding

Jul 6, 2023

Reliance Jio to sign a $1.7 billion contract with Nokia for 5G network equipment-thumnail

Reliance Jio to sign a $1.7 billion contract with Nokia for 5G network equipment

Reliance Jio Infocomm, a prominent telecom operator in India is on the verge of finalizing a significant contract worth $1.7 billion with Nokia for 5G network equipment. Alongside this deal, Jio is also set to strike a $2.1 billion agreement with Ericsson.

Business

Jul 6, 2023

Meta launches Threads; 2 million signups within 2 hours-thumnail

Meta launches Threads; 2 million signups within 2 hours

Mark Zuckerbergs’ company Meta has recently introduced Threads, a new service that can be seen as a rival to Elon Musks’ Twitter. Just like Twitter. Threads permit users to share

Business

Jul 6, 2023


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