Author: News Desk

The Xtra G Club stands for ‘Leading and consolidating the effort of individuals and groups working towards healthy development and constructive education for the young generations to come.’ On January 4th, 2022, Xtra G club Pvt. Ltd. established. Xtra G Club is committed to compassion and care for the children of today’s generation.  Anian Koshy is the Founder and CEO of Xtra G Club Private Limited. Shani Shajahan is the Co-Founder and Director. “We are committed to using cutting-edge technology to bring about a positive transformation of society towards a child-friendly world. Our main paradigm in our work is learning-…

Tesla’s Budget Offering: The €25,000 Two-Door EV Tesla, the electric vehicle (EV) pioneer, is gearing up to introduce its most affordable model yet, priced at €25,000 (approximately Rs 20 lakh). This eagerly anticipated two-door car is set to make its debut in Germany before venturing into the Indian market. Insights from sources reveal that the electric vehicle, either a two-door SUV or a sedan, is currently under development, positioning itself as the second Tesla model considered for the Indian market, following the Model Y. Tesla’s Strategic Investment: Gigafactory in Germany and the Indian Connection Tesla’s forward-thinking strategy includes a €5…

Rephrase.ai, an AI-powered video creation company based in Bengaluru, is reportedly announced the acquisition of US tech giant Adobe. This is not only Adobe’s first acquisition of a generative AI business, but also its first in the Indian startup scene. The information was shared by Rephrase.ai’s co-founder Shivam Mangla on his official X handle. “Exciting news! Rephrase.ai is getting acquired by a pioneering creative tech company, ushering us into the new era of Generative AI. As we begin this new chapter in a larger org, the possibilities are endless. Excited to see what our teams will create next in the world of GenAI.…

Delhi’s Lieutenant Governor VK Saxena has given approval for the introduction of a premium app-based bus service in the national capital, marking a significant milestone in the efforts to enhance public transport. This initiative, conceptualised by the Arvind Kejriwal government, holds the potential to reshape commuting habits, reducing reliance on private vehicles. The Delhi Motor Vehicles Licensing of Aggregator (Premium Buses) Scheme, 2023 The scheme envisions a premium intra-city bus service, distinguishable by app-based bookings, no standing passengers, and higher fares compared to other buses, including those operated by the state government’s Delhi Transport Corporation (DTC). Key safety features such…

The Resurgence of Sam Altman: A Swift Turnaround Amidst Board Upheaval OpenAI co-founder Sam Altman is set to make a triumphant return as the company’s leader, just days after being ousted by the board in a move that stunned industry observers. This section unravels the rapid developments leading to Altman’s reinstatement, exploring the “in principle” agreement that includes the appointment of new board members. Altman’s own sentiments, expressed on social media, shed light on his dedication to OpenAI’s mission and the challenges faced in keeping the team united during this tumultuous period. Board Dynamics and Microsoft’s Strategic Influence: Navigating OpenAI’s…

OneWeb India has achieved a milestone by securing necessary authorizations from IN-SPACe (Indian National Space Promotion and Authorization Center) for the launch of Eutelsat OneWeb’s commercial satellite broadband services in India. Being the first organisation to obtain this authorization, OneWeb India’s move is a significant step in expanding satellite connectivity services in the country. IN-SPACe: Regulating India’s Space Activities IN-SPACe, the governmental agency overseeing space activities in India, plays a pivotal role in regulating and authorising space endeavours within the country. With this approval, Eutelsat OneWeb, a low Earth orbit (LEO) operator under the Eutelsat Group, can initiate commercial connectivity…

Titan, a watch and jewellery manufacturer, stated on Tuesday that it intends to recruit around 3,000 people over the next five years in order to achieve its goal of being an INR 1 lakh crore enterprise. Titan said that it will be hiring at mid-to senior-level positions with a focus, looking for people with experience in a variety of fields, including digital, e-commerce, sales, design, and engineering. With a particular focus on innovation and technology, Titan intends to expand the proportion of staff members in engineering roles by 50% over the course of the next two to three years. “Our…

The tram depot at Al Sufouh and the Dubai Metro depots in Jebel Ali and Al Qusais are getting solar energy panels installed by the Roads and Transport Authority (RTA). The project is reportedly scheduled to be finished by the first quarter of 2024 and will generate 9.959 megawatts of solar energy in total. It is a component of the Dubai Clean Energy Strategy and the Shams Dubai program of the Dubai government. As per available sources, the project will also help the authority achieve its goal of having all public transportation vehicles have net-zero emissions by 2050. The project…

Technological advances in computational power and deep learning have made mass production of fake media easier and less expensive. What are the ways in which AI-manipulated digital media can impact the lives of individuals as well as influence the public discourse? How is it employed by various groups and how can society overcome the ‘infodemic’? According to startup DeepTrace, there were 14,678 deepfake videos on social media at the start of 2020. 96% of them are porn videos. While deepfake videos and fake news using generative AI will be the challenge of the future, even US President Joe Biden is not…

Changpeng Zhao, the CEO of Binance, has resigned and admitted guilt in violating U.S. anti-money laundering laws as part of a monumental $4.3 billion settlement. This resolution, described by prosecutors as one of the largest corporate penalties in U.S. history, signals a significant blow to the cryptocurrency industry. The move comes in the wake of heightened scrutiny, with FTX founder Sam Bankman-Fried recently facing a fraud conviction. Violation Details The extensive investigation revealed that Binance, the world’s largest crypto exchange, had contravened U.S. anti-money laundering and sanctions laws. The exchange neglected to report over 100,000 suspicious transactions involving groups designated…