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Bitcoin hits $100,000
short by Pragya Swastik / on 05 Dec 2024,Thursday
Bitcoin rose above $100,000 for the first time on Thursday following optimism that US President-elect Donald Trump's government will create a friendly regulatory environment for cryptocurrencies. Bitcoin has more than doubled in value this year. It has been up about 45% in the four weeks since Trump's victory in the US Presidential Elections.
short by Pragya Swastik / 08:22 am on 05 Dec
What was the world's first text message?
short by Pragya Swastik / on 03 Dec 2024,Tuesday
The first-ever text message was sent 32 years ago on December 3, 1992. Neil Papworth, then 22-year-old software programmer from the UK, sent the first-ever text message from a computer to his colleague Richard Jarvis. Neil had been working as a developer and test engineer to create a Short Message Service (SMS) for Vodafone. The first-ever text said "Merry Christmas".
short by Pragya Swastik / 10:51 am on 03 Dec
How cloud computing drives efficiency and innovation in healthcare
short by System User / on 02 Dec 2024,Monday
Cloud technology enables the centralisation of patient data, ensuring healthcare professionals across various departments and locations to access vital information seamlessly. This centralised approach fosters improved coordination and collaboration, which are essential for delivering comprehensive patient care.
short by System User / 04:47 pm on 02 Dec
Bitcoin, which hit $100,000 today, hit a low of $38,505 this year
short by Pragya Swastik / on 05 Dec 2024,Thursday
Bitcoin, which rose above $100,000 in value on Thursday for the first time, has more than doubled from this year's low of $38,505 it hit on January 23. Bitcoin is up about 45% in the four weeks since Donald Trump's victory in the US Presidential Elections. With Bitcoin hitting $100,000, its gains for the year stand at over 140%.
short by Pragya Swastik / 10:07 am on 05 Dec
Three friends build AI startup tackling sustainability challenges
short by System User / on 04 Dec 2024,Wednesday
Three friends, Aditi Balbir, Shruti Anand, and Aqeel Ahmed from India, identified a growing need to simplify sustainability for businesses and corporations. They spent almost one whole year cracking the right tech for it. Finally, in April 2023, the trio launched EcoRatings.
short by System User / 07:43 pm on 04 Dec
Game developer IllFonic announces layoffs
short by System User / on 05 Dec 2024,Thursday
IllFonic, a US-based game developer known for its games including 'Friday the 13th: The Game', 'Killer Klowns from Outer Space: The Game' and others, has announced its latest layoffs round. The IllFonic layoffs will affect unspecified employees as the company would re-aligned its 'refined strategy'.
short by System User / 04:06 pm on 05 Dec
Telegram joins forces with IWF to tackle CSAM after resistance
short by System User / on 05 Dec 2024,Thursday
After years of rejecting child protection efforts, Telegram has committed to collaborating with the Internet Watch Foundation (IWF) to combat CSAM. This shift follows the arrest of Telegram's founder, Pavel Durov, over the platform's failure to address harmful content. The IWF hailed the decision as transformative, though they stress this is only the beginning.
short by System User / 04:15 pm on 05 Dec
Bill Gates calls India 'laboratory to try things'; sparks outrage
short by Pragya Swastik / on 04 Dec 2024,Wednesday
Microsoft Co-founder Bill Gates is facing backlash from Indians on social media after he called India a "laboratory to try things". "Once you prove things out in India, then you can take it to other places," Gates said in a podcast. "Indians are Guinea Pigs for Gates," an X user said, while another said, "Bill Gates, stay out of India."
short by Pragya Swastik / 12:39 pm on 04 Dec
Hyderabad woman loses ₹2 lakh in SEO poisoning car rental scam
short by System User / on 05 Dec 2024,Thursday
A Hyderabad woman lost ₹2 lakh to an SEO poisoning scam while searching for a rental car. Cyber criminals manipulated Google rankings to direct her to a fraudulent website, exploiting vulnerabilities with APK files and OTPs. Frantically, Prerna contacted her bank, but after a 20-day investigation, the bank concluded that the transactions were 'secure' because the OTPs were shared.
short by System User / 03:56 pm on 05 Dec
Chancellor Kathaleen McCormick again rejected Tesla's 2018 CEO pay package for Elon Musk, which consists of stock options which were worth $56 billion when plan was approved. McCormick had rejected the package, now worth $101.5 billion, in January, calling its approval process "deeply flawed". She's also ordered Musk to pay $345 million to attorneys who sued him over the package.
short by Ashley Paul / 08:49 am on 03 Dec
Intent founder Vinayak Sarawagi shared a screenshot of his conversation with an intern from a Tier-1 college who rejected his ₹10,000/month stipend offer, saying, "I thought this mindset was going away, but sadly it's not." The post sparked a debate, with one X user calling Sarawagi a "zamindar". Sarawagi responded, saying that he's paying internship salaries from his own savings.
short by Medhaa Gupta / 04:10 pm on 02 Dec
US-based AI startup Greptile's 23-year-old CEO Daksh Gupta defended 84-hour work week by comparing work to a "rocket launch". "When you have two groups of smart people trying to solve the same problem, one that works harder and is luckier wins," he said. "You can't control luck, but you can control how much time you put in," he added.
short by Pragya Swastik / 10:41 am on 04 Dec
Airbus to lay off 2,000 employees to save costs
short by System User / on 05 Dec 2024,Thursday
Global aircraft giant Airbus announced layoffs of 2,000 employees from its global workforce. The Airbus layoffs will take place soon as a part of company's cost-cutting measures and issues like delayed demand from the supplier. The job cuts are aimed to reduce 5% of the Airbus's employees from various countries.
short by System User / 05:57 pm on 05 Dec
So impressed: Indian man as Apple Watch helps him after car crash in US
short by Pragya Swastik / on 03 Dec 2024,Tuesday
An Indian entrepreneur named Kuldeep Dhankar thanked Apple Watch for helping him following a car crash in the US. "Got rear-ended by a car while in traffic...the car behind was probably a total loss," he posted on X. "Apple Watch detected we were in a crash and auto-called 911...there was an officer on the scene within minutes...So impressed," he added.
short by Pragya Swastik / 02:22 pm on 03 Dec
Trump picks billionaire astronaut & Musk's associate Isaacman as NASA chief
short by Sakshita Khosla / on 05 Dec 2024,Thursday
US President-elect Donald Trump has nominated Jared Isaacman, billionaire CEO of Shift4 Payments, to lead NASA. Isaacman is a business associate of SpaceX owner and Trump ally Elon Musk, having flown to space twice on SpaceX capsules in private missions. Isaacman was the first private citizen to perform a spacewalk and he also co-founded defence aerospace company Draken International.
short by Sakshita Khosla / 10:16 am on 05 Dec
Pat Gelsinger retires as CEO of Intel after nearly 4 years
short by Medhaa Gupta / on 02 Dec 2024,Monday
Pat Gelsinger has retired as the CEO of Intel after nearly four years, the US chipmaker announced on Monday. The company also stated that two senior leaders, David Zinsner and Michelle Johnston Holthaus have been appointed as co-CEOs as it searches for a new CEO. "Leading Intel has been the honour of my lifetime," Gelsinger said.
short by Medhaa Gupta / 10:05 pm on 02 Dec
Daksh Gupta, the 23-year-old CEO of US-based startup Greptile, gave a single-word response "Real" to Zepto CEO Aadit Palicha's post on X in which Gupta was quoted. "I have nothing against work-life balance...In fact, I recommend it to all our competitors...Not my quote - read it from an interview of Daksh Gupta," Palicha had posted amid "toxic work culture" allegations.
short by Pragya Swastik / 08:51 am on 05 Dec
Shocked by how normalized Indians are to poor air quality: Bryan
short by Debaroti Adhikary / on 04 Dec 2024,Wednesday
US millionaire Bryan Johnson, who spends ₹16 crore each year to reverse his age, said he loved being in India for the first time. "I'm shocked by how normalised Indians are to poor air quality. Breathing air is like smoking multiple cigarettes a day. Yet no one wears mask or has air filters in indoor environments," he wrote on X.
short by Debaroti Adhikary / 03:40 pm on 04 Dec
Mark Zuckerberg meets Trump, seeks role in tech policy: Report
short by Debaroti Adhikary / on 04 Dec 2024,Wednesday
Meta CEO Mark Zuckerberg met with US President-elect Donald Trump at his Mar-a-Lago resort last week, Fox News reported. Zuckerberg is reportedly seeking an "active role" in the tech policy, just like his rival Elon Musk. Notably, Zuckerberg earlier had banned Trump from both Instagram and Facebook, claiming he used it to incite political violence on January 6, 2021.
short by Debaroti Adhikary / 11:24 am on 04 Dec
LinkedIn's Hoffman considering leaving US post Trump's win: Report
short by Debaroti Adhikary / on 04 Dec 2024,Wednesday
LinkedIn's billionaire Co-founder Reid Hoffman is considering leaving US after Republican candidate Donald Trump's victory in the US Presidential elections, New York Times reported. Hoffman, who was vocal in his support for Democratic candidate Kamala Harris, reportedly told his friends that he fears Trump would use his power in the White House to seek retribution against his political enemies.
short by Debaroti Adhikary / 09:06 am on 04 Dec
Will remain Apple CEO until a voice in me says, 'It's time': Cook
short by Debaroti Adhikary / on 05 Dec 2024,Thursday
On being asked how long he plans to remain Apple CEO, Tim Cook said he will do it until a voice in his head says "It's time". "Then I'll go and focus on what next chapter looks like," he told Wired. "It's hard to imagine life without Apple, because my life has been wrapped [around it] since 1998," he added.
short by Debaroti Adhikary / 11:50 am on 05 Dec
India needs more electricians, nurses; not Economics degree: Vembu
short by Debaroti Adhikary / on 05 Dec 2024,Thursday
Zoho CEO Sridhar Vembu said India needs to value people who do hands-on work, including electricians, plumbers, welders and nurses. "We need people who build things. We don't need more Economics or Political Science or History majors," he said in a post on X. Vembu was commenting on Musk's old statement advocating for hands-on jobs over college degrees.
short by Debaroti Adhikary / 02:09 pm on 05 Dec
Delhi HC restores Samsung's plea against ₹1,200-crore tax demand
short by Debaroti Adhikary / on 03 Dec 2024,Tuesday
Delhi High Court on Monday overturned Income Tax Appellate Tribunal's (ITAT) order that had dismissed Samsung's plea to pause proceedings on ₹1,213-crore tax demand. ITAT had rejected Samsung's plea on November 22, calling it "premature" as the tax authorities had not initiated any immediate recovery action then. The tax demand was issued for assessment year 2021-22.
short by Debaroti Adhikary / 10:03 am on 03 Dec
Intel CEO Pat forced to retire, was threatened to be fired: Report
short by Debaroti Adhikary / on 03 Dec 2024,Tuesday
Intel CEO Pat Gelsinger was forced to retire after the board was dissatisfied with his plans to revive the growth of the company, reports said. The board gave Gelsinger two choices- to either retire or be removed, and he chose the former, the reports added. Gelsinger resigned as Intel CEO on December 1 after nearly four years.
short by Debaroti Adhikary / 01:38 pm on 03 Dec
Apple accused of spying on employees in new US lawsuit
short by Debaroti Adhikary / on 03 Dec 2024,Tuesday
A new lawsuit in US has accused Apple of illegally monitoring its workers' personal devices and iCloud accounts while also stopping them from discussing their pay and working conditions. Amar Bhakta, who works for Apple, claimed the company requires employees to install software on personal devices, allowing access to their email, photo libraries, health and 'smart home' data.
short by Debaroti Adhikary / 09:22 am on 03 Dec
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