Author: News Desk
According to Bill Gates, the founder of Microsoft, autonomous cars will bring about the next significant revolution in the transportation industry. Recently, Bill Gates travelled across London in a self-driving vehicle. A British Start-up company named ‘Wayve’ created an autonomous car that Bill Gates travelled in while in London. Alex Kendall, the CEO of Wave, and a safety driver were with him. Calling the travel experience ‘unforgettable and amazing’ in a new blog, Bill Gates said that we have made a lot of progress in autonomous vehicles in recent years. Gates added that autonomous vehicles will change transportation in the same way that personal computers have changed office work over the next decade.…
The world’s top programmers will be granted 100,000 golden visas by the UAE as it aspires to become a magnet for international technology investment. To increase the share of the digital economy in the national GDP, investment in AI and software development will be essential. The Dubai Chamber of Digital Economy sponsored the 10th session of its quarterly digital industry seminars, concentrating this time on software development and the artificial intelligence (AI) business, as part of efforts to improve the sector. UAE golden visa lure for tech professionals Top executives, business leaders, specialists, and entrepreneurs came together at the event…
Kerala has also been involved in the Centre’s process of strengthening the National Startup Ecosystem Network ahead of the G20-DIA Summit in Bengaluru this August. Kerala also participated in the event showcasing innovative solutions aimed at improving the economy and upliftment of communities. The G20-Digital Innovation Alliance National Roadshow at Kalamassery was part of efforts to explore global potential through Kerala’s innovative companies. Incubators, Venture Capital firms, Angel Networks, Start-up Founders, Mentors, Experts and Government officials were part of the roadshow. Kochi was the eighth venue in the G20-DIA roadshow series. Earlier locations were Surat (Gujarat), Indore (Madhya Pradesh), Bhubaneswar (Odisha), Chennai (Tamil Nadu), Bangalore (Karnataka), Imphal (Manipur) and Greater Noida (Uttar Pradesh). Maker…
Expo 2020 Dubai has been called a “triumph” and will boost the UAE economy by more than $42 billion.The World Expo was a major success, drawing more than 24 million visitors and generating 35,000 new employment annually for decades to come. According to an EY research, the best is yet to come. Dubai Expo 2020 victory According to an EY estimate, from 2013 to 2042, Expo 2020 Dubai and its legacy are anticipated to bring AED 154.9 billion ($42.2 billion) in gross value added (GVA) to the UAE’s economy.Throughout the course of its six-month run, the World Expo attracted 24.1…
Honda Motorcycle & Scooter India has launched Activa 125 2023 which meets driving emission (RDE) norms. The new 2023 Honda Activa 125 starts at Rs 78,920 in the market. The Activa 2023 is powered by a 125cc PGM-FI engine with enhanced Smart Power that integrates a Honda ACG starter and start solenoid. Honda Activa 125 2023 comes in five colour options namely Pearl Night Start Black, Heavy Gray Metallic, Rebel Red Metallic, Pearl Precious White and Mid Night Blue Metallic. The scooter has four variants namely Drum, Drum Alloy, Disc and H-Smart. The scooter has a combi-brake system with equaliser,…
BYJU’S looks to be in further danger as US-based asset management company BlackRock is said to have reduced the company’s valuation by over 50% to $11.5 Billion. This is a significant decrease from the $22 Bn the edtech decacorn was last valued at in 2022. BlackRock, which owns less than 1% of BYJU’S, is believed to have reduced the value of its shares in BYJU’S from $4,660 per unit in April 2022 to $2,855 per share in its evaluation. The revelations were initially reported by The Arc and were included in documents that TechCrunch was able to view. It was…
Chief Minister Pinarayi Vijayan will inaugurate the State Inauguration of the ‘Ente Keralam’ exhibition-marketing fair, which presents the achievements and excellence of the State Government on the occasion of it’s second anniversary on April 1 at 7 pm at Kochi Marine Drive Maidan. The fair, with the theme of ‘Youth’s Kerala, Kerala First’, will continue till the eighth of April. Various departments and institutions like MSMEs under Industries Department, Kudumbashree and Government assisted Self Employed Enterprises will be mobilised. There will also be B2B meet, clinics to prepare project reports and guidance for funding, technology exhibition, discussion forum and food…
Nestle SA, the largest food company in the world, is one of the final bidders vying to buy India’s Capital Foods Pvt in order to increase its footprint in the rapidly expanding economy. The people, who asked to remain anonymous because the information is private, said that the Swiss company has been talking about the terms of a potential deal for Mumbai-based Capital Foods. According to the people, any transaction would likely be worth more than $1 billion for the Indian company. Ching’s Secret brand spicy vermicelli and fusion chutneys with purportedly “desi Chinese” tastes are produced by Capital Foods.…
The Women Entrepreneurship Platform (WEP) and BHARATPE GROUP have joined to support female entrepreneurs across India on their paths to Independence and Business expansion. The alliance intends to create an ecosystem that unites female entrepreneurs from around the nation and provides them with the industry expertise, financial resources, and technical know-how they need to achieve their professional objectives. Facilitating the creation of an aggregator platform that provides access to peer assistance, mentoring, networking opportunities, and a variety of learning resources will be the main focal area. This relationship was established as part of the BharatPe Group’s corporate social responsibility (CSR)…
Simpl partners with Klub to offer credit options to D2C merchants in India In order to give Direct-to-Customer (D2C) merchants simple access to credit and help them fulfill their working capital needs, Klub, a leading Revenue Based Finance firm, and Simpl, India’s premier one-tap checkout platform, have partnered. Under this partnership, merchants will have comprehensive digital access to finance at low-interest rates with customizable terms. Simpl includes capital-as-a-service in its booster package for partner merchants in an effort to address a significant difficulty encountered by D2C merchants experiencing hyper-growth. For many Indian enterprises that are digitally native, this program will enable long-term value…