Author: News Desk

Pekka Lundmark, the president and CEO of Nokia, has predicted that 6G networks will reach the market around 2030. This will happen alongside the expansion of the “industrial metaverse.” He made the comments during a Davos panel discussion on “Strategic Outlook on the Digital Economy.” Lundmark also said that by 2030, the smartphone we use now won’t be sufficient. It won’t be the most common interface. 6G would require more expansive computational resources, including networks that are faster than 5G. It will bring about technological advancement in quantum mechanics and artificial intelligence. In his opinion, that time will see physical…

Hackers have developed a new way to steal people’s information. According to researchers from Trustwave SpiderLabs, they use fake DHL chatbots to trick people. What is the consequence? Those who fall for it will provide their personal information. The fraud process begins when a person clicks on the mail that comes with the subject ‘failed DHL delivery.’ If the person clicks on the mail, he or she will be directed to a fake DHL customer support page. There, the user will get an option to click ‘fix delivery’ or ‘the link given.’ Both will redirect to the same website. Once…

According to The Atlas of Affluence (AOA), 2022, created by The Voice of Fashion, a digital magazine by Reliance Brands, India’s fashion scenario is changing. The study has been conducted across six Indian cities to understand metro and non-metro differences. As per the findings, the concept of influence has changed during and after the pandemic. For instance, 57 per cent of men claimed that they started spending more on fashion. Compared to 2019, the men’s brand portfolio grew 46 per cent. For women, it is 14 per cent. In another finding, it has been reported that 65 per cent of…

At a time when investors are reluctant to spend more money on startups, General Atlantic, a global private equity firm, said it plans to invest $2 billion into India and Southeast Asia over the next two years. According to Sandeep Naik, head of General Atlantic’s business in India, the firm is in early-stage investment talks with about 15 companies from various sectors such as technology, financial services, and retail and consumer. General Atlantic is yet to reveal the names of the companies it considers. The news comes as a relief to the Indian Startup Ecosystem which is currently on a…

Reports say that Metropolis Healthcare is looking for a $300 mn funding through the issuance of fresh shares and selling of shares of some of its existing investors. Now, e-commerce giants, Flipkart and Amazon are in talks to acquire a minority stake in this Mumbai-based diagnostic chain. Amazon has organised preliminary talks with the chain while Flipkart and Apollo Hospitals have signed a non-disclosure agreement with it. This is part of both Flipkart and Amazon’s attempts to expand their healthcare segment in India. As part of it, Flipkart launched a health tech app called ‘Flipkart Health+ last month. It helps…

Researchers at Tesla have unveiled a design for a new electric vehicle battery that could last up to 100 years before needing to be replaced The Tesla Advanced Battery Research division partnered with Dalhousie University in Canada to come up with a nickel-based battery It offers far greater longevity compared to batteries currently used in electric vehicles Tesla currently manufactures and uses a type of lithium-ion battery called lithium iron phosphate (LFP) LFP offers high energy density that allows a longer range between charges The mission to build an ultra-long lasting battery could ultimately reduce manufacturing costs Significantly reduce the…

https://youtu.be/lRsgfTPmzjU The third edition of the She Power Summit discussed the changes and possibilities the Covid-19 pandemic brought into women’s lives. The theme of the summit was ‘She Speaks Power.’ Sujata Madhav Chandran of Tata Consultancy, Jyothi Ramaswamy, India’s Padwoman Anju Bisht, celebrity stylist Ambika Pillai, and social entrepreneur Lakshmi Menon spoke on the occasion. Sujatha Madhav Chandran shared that technology is never gender-centric and that the lack of hygiene facilities in the workplace and the need to use technology for safety, including when traveling. Anju Bisht, who made reusable sanitary pads for women, and Lakshmi Menon, who actualised the…

https://youtu.be/mv_p0oTFq3oChennai-based tech firm Zoho invests Rs 20 cr in GenroboticsGenrobotics builds robotics and AI-driven solutions for social issuesIt offers ‘Bandicoot’ robot, the world’s first robotic scavengerIt helps clean confined spaces like sewers, manholes, oily water sewersThis eliminates the need for human entry into manholesCurrently, Bandicoot is employed in 14 statesSmart cities, Urban Local Bodies, refineries, multinational companies, and townships use thisZoho said the investment will assist Genrobotics in eradicating manual scavengingIt will also provide safety and dignity to workers in sanitation, oil and gas industries 

Freelancing has become the new norm now. The COVID-19 pandemic endorsed the gig industry that offers flexible working hours for highly-skilled workers. As per the statistics, India has the world’s seventh-largest freelance workforce after the United States and Bangladesh. Over five lakh people freelancers work across various sectors. The global freelance platforms market is expected to hit $9192.9 million by 2027, up from $3393.5 million in 2020, at a CAGR of 15.3 per cent. Although it is a growing industry, one of the challenges freelancers face is connecting with the right job providers. There exists a huge gap between skilled…

Minus Zero has raised $1.7 million in seed round led by Chiratae Venture It is India’s first startup building affordable fully self-driving cars in India Minus Zero plans to use this capital to build extensive autonomous vehicle research and development (R&D) infrastructure And also expand the team to get its first vehicle out on the roads by late 2022 to early 2023 The Bengaluru-based startup is founded by Gagandeep Reehal and Gursimran Kalra in 2021 It uses a combination of camera-based vision and algorithms to drive its self-driving technology