World news

Why has The Sandbox’s gaming platform been incorporated into social metaverse?
November 11, 2021 04:57 PM AEDT| By Jasmine AnandA piece of good news for all the tech-savvy gaming enthusiasts is making rounds. The Sandbox, which is one of the leading blockchain-based metaverse games, has announced its partnership with the Metaverse, the world-famous social community. Before.....

How Netflix became top player among other OTTs
November 11, 2021 02:31 PM AEDT| By SamtaOver-the-top (OTT) platforms have increased drastically with Netflix becoming one of the most popular OTT platforms in recent years. With over 182 million subscribers worldwide, Netflix is home to amazing original programs that include TV Series, W.....

Elon Musk loses US$50 bn this week but retains ‘richest person’ title
November 11, 2021 09:52 AM AEDT| By Ipsita SarkarHighlights Tesla Inc (NASDAQ: TSLA) lost about US$200 billion after a huge stock selloff in recent sessions. The Tesla stock price is up more than 40% YTD. The electric vehicle maker’s revenue jumped 57% YoY in Q3, FY21. Electric ve.....
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Nano crypto: Will it outpace Shiba Inu?
November 10, 2021 04:45 PM AEDT| By Jasmine AnandUltra-popular meme coin Shiba Inu’s popularity has reached unprecedented levels. Its historic price gains have turned its ardent followers into millionaires. On 23 October, it gained about 21% when it was priced at US$0.00003385. It rose.....

Tesla (TSLA) stock slide continues amid groundswell of adverse headlines
November 10, 2021 02:37 PM AEDT| By Sanjeeb BaruahHighlights However, despite its latest two-day rout, the stock is still up about 46% this year. Tesla Inc. hit the US$1-trillion mark in market cap in late October as stocks continue to rise. Most gains were accrued after its third-quarter re.....

No delivery address to send gifts? Don’t worry, Amazon has a solution
November 10, 2021 02:26 PM AEDT| By AshishHighlights Amazon recently launched a new shopping feature, which allows its Prime members to purchase gifts for others without having their home delivery address. The feature just requires the recipient's email address or mobile phone number. .....

GE stock jumps 17% on plans to split into three companies
November 10, 2021 04:33 AM AEDT| By Versha JainHighlights GE Electric Company (NYSE: GE) announced plans to split into three public companies, with the spin-off starting in early 2023. The Boston-based company was founded in 1892 before it became a massive business conglomerate. The stock .....

H20.ai raises US$100 million in Series E funding; key things to know
November 09, 2021 01:28 PM AEDT| By AshishHighlights ai has raised US$100 million in a funding round led by the Commonwealth Bank of Australia (CBA). ai’s platform, the H2O AI Cloud, works with an aim to simplify the work related with machine learning projects. The.....

Avenue bank raising A$12 million fresh capital
November 08, 2021 09:04 PM AEDT| By Sonal GoyalHighlights Avenue Bank to raise fresh capital of AU$12 million as it aims at targeting small businesses that are not satisfied with large banks. In order to attract additional investors, the company is undertaking a B2 round of AU$12 mill.....

Una Brands secures US$20 million in Series A funding
November 08, 2021 09:01 PM AEDT| By SamtaHighlights The e-commerce acquirer – Una Brands, has completed a US$20 million Series A. Since the launch, the brand has acquired over 15 brands and owns seven offices worldwide. Una buys those retailers who are primarily selling a.....
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US administration sanctions NSO Group over Pegasus spyware
November 08, 2021 04:55 PM AEDT| By Toshiva JainIn a world driven by technological advancements, several opportunities and challenges come along the way. Technology has both pros and cons; and sometimes the cons overpower. Thus, stringent policies are needed to safeguard the running syst.....

What is Pi Network all about?
November 08, 2021 04:51 PM AEDT| By Jasmine AnandA digital currency project which is quickly catching the attention of crypto investors is the Pi Network. Founded in 2018 by a group of Stanford graduates, the Pi Network provides solutions to mint profits by mining crypto coins just by using a mo.....

From gaming to enterprise, what’s Big Tech's approach for metaverse?
November 07, 2021 12:09 AM AEDT| By Mohammad ZaidThe metaverse, a concept recently promoted by Facebook co-founder Mark Zuckerberg, has been the talk of the town since the Company announced its name change. Facebook might seem to have used the first mover’s advantage in bringing the virtual.....
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Why are tech titans pulling out of China?
November 06, 2021 12:35 AM AEDT| By Manisha“Free and open internet” – all of us use it every single day. But it surely doesn’t go well with the Chinese government. Internet is not so free and open in China, neither for users nor for tech companies providing services .....

Border reopening and rise in vaccination rate breathe new life into Aussies
November 05, 2021 02:07 PM AEDT| By SamtaHighlights Australia welcomed travellers after 20 months of closed borders on Monday. A total of 88.9% population over the age of 16 have had at least one dose of recognised COVID-19 vaccines in Australia. Australia welcomed travellers aft.....

Countries To Travel As Australian Border Reopens
November 04, 2021 07:27 PM AEDT| By SamtaHighlights On Monday, Sydney’s international airport came alive as Australia’s borders opened for the first time in the last 20 months. The fully vaccinated Aussies can travel abroad without restrictions with reduced quarantine requ.....

Goodbye, Facebook's facial ID system!
November 03, 2021 11:01 PM AEDT| By Aditi SahaHighlights Facebook’s first strategic action on rebranding to Meta is to remove its 10-year-old facial recognition system. Facebook's controversial face recognition feature has been turned off, so the social media platform will no l.....

Tether: Is it one of the low-cost and less volatile cryptocurrencies?
November 03, 2021 05:05 PM AEDT| By Jasmine AnandBroadly speaking, fiat currencies are nothing but dollars, yen, etc., which are issued by the government. When talking about stablecoins, these are the electronic version of fiat currencies in the blockchain world. In this article, we discuss Teth.....

Facebook is banking heavily on metaverse; what are others up to?
November 03, 2021 04:47 PM AEDT| By AshishHighlights Facebook’s latest move of changing its corporate name to Meta has sent shockwaves through the global tech sector. Metaverse refers to a shared virtual environment and is expected to be a successor to the mobile internet. Besid.....

Microsoft now joins the Metaverse craze, to launch Mesh for Teams
November 03, 2021 10:26 AM AEDT| By Team Kalkine MediaMicrosoft Corp. is the latest to join the metaverse craze after announcing plans on Tuesday to launch the Mesh for Teams, which will offer a virtual reality capability on its videoconferencing platform. Bloomberg reported that the technology compa.....