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World news
Will Xi Jinping’s rule ever end in China?
November 11, 2021 07:10 AM PST| By Kiara KhannaChina’s Communist Party on Thursday, November 11, passed a resolution cementing President Xi Jinping’s place in history in a landmark event. The uncontested leader has rewritten the past with a third five-year term as China’s suprem...
25 affordable Christmas gifting ideas for everyone on your list
November 11, 2021 12:05 AM PST| By SamtaHighlights This year’s Christmas is expected to record parcel volumes as per analysts. With shopping lists getting longer every year, some budget-friendly options can save you from extra spending. Many unique gift items are available at .....
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‘MUSK’ to Know Tweets that shook markets
November 10, 2021 11:24 PM PST| By Kiara KhannaHow many followers does Elon Musk have on his Twitter account? Sixty-three million and going strong, and almost all his tweets get lakhs of likes, comments, and retweets. Now, that is normal for almos...
PM Morrison’s EV policy: 10 electric cars Aussies can choose!
November 10, 2021 10:01 PM PST| By Sukriti NairOn Tuesday, Australia's prime minister, Scott Morrison, announced plans to encourage electric vehicle buying. The plans came weeks after the Australian Federal Government was accused of lagging in the climate change response. PM Morrison has offere.....
Why has The Sandbox’s gaming platform been incorporated into social metaverse?
November 10, 2021 09:57 PM PST| 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 10, 2021 07:31 PM PST| 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 10, 2021 02:52 PM PST| 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.....
US stocks slip as inflation rises to 30-year high
November 10, 2021 02:21 PM PST| By Versha JainBenchmark US indices closed in the red on Wednesday, Nov 10, after the latest economic data showed inflation rose at an annualized rate of 6.2% last month, the highest increase in 30 years. The S&P 500 was down 0.82% to 4,646.71. The...
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Nano crypto: Will it outpace Shiba Inu?
November 09, 2021 09:45 PM PST| 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 09, 2021 07:37 PM PST| 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 09, 2021 07:26 PM PST| 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. .....
US stocks close in red as tech, financials slump after labor data
November 09, 2021 02:09 PM PST| By Sanjeeb BaruahBenchmark US indices closed in the red on Tuesday, Nov 9, after strong rallies in recent days, dragged down by new economic data that confirmed inflation remained worryingly high. The S&P 500 was down 0.35% to 4,685.25. The Dow Jones fell 0.31%...
GE stock jumps 17% on plans to split into three companies
November 09, 2021 09:33 AM PST| 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 08, 2021 06:28 PM PST| 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.....
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US stocks close higher as tech, material stocks gain
November 08, 2021 01:49 PM PST| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, Nov 8, lifted by gains in basic material and tech stocks and an upbeat economic outlook after lawmakers passed a US$1 trillion infrastructure bill. The S&P 500 was up 0.09% to 4,701.70. The Dow Jones...
Avenue bank raising A$12 million fresh capital
November 08, 2021 02:04 AM PST| 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 02:01 AM PST| 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 07, 2021 09:55 PM PST| 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 07, 2021 09:51 PM PST| 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 06, 2021 06:09 AM PDT| 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.....
