Category: Technology
consumer demand indian startups: Consumer demand to stay low, tough times ahead for Indian startups
[ad_1] Consumer demand is expected to stay low over the coming quarters, as inflation continues to rise, creating a further slowdown phase for the startups in the country, states a new report by market research firm Redseer Strategy Consultants. There is an ongoing risk of further escalation in the war on Ukraine and the current ...
SoftBank, Ant may sell Paytm shares; Zomato asks for higher commissions, restaurants upset
[ad_1] China’s Ant group and Masayoshi Son-led SoftBank, two of the largest investors in Paytm’s parent One97 Communications, are looking at reducing their holding in the fintech major. Paytm founder and chief executive Vijay Shekhar Sharma, however, is not in favour of a strategic investor coming in via secondary share sale. This and more in ...
tanseed: Tamil Nadu govt to introduce equity model under TANSEED 5.0 to encourage startups
[ad_1] Tamil Nadu would introduce an equity model for startups in the fifth edition of Tamil Nadu Startup Seed Fund (TANSEED 5.0) for the first time, aimed at encouraging the enterprises to scale up their operations, the state government said on Sunday. Since the introduction of TANSEED in 2021, the government has supported 84 startups ...
diksha: NCERT starts DIKSHA security audit after data breach reports
[ad_1] The National Council of Educational Research and Training (NCERT) has initiated a third-party security audit of the Diksha (Digital Infrastructure for Knowledge Sharing) app, following reports of a breach of data belonging to the government-run platform. Diksha is a national platform for school education developed by Bengaluru-based EkStep Foundation. It is an initiative of ...
MWC: Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet
[ad_1] A clash between Big Tech and European Union telecoms firms over who will underwrite network infrastructure is set to dominate discussion at the world’s largest telecoms conference this week. More than 80,000 people, including tech executives, innovators, and regulators, are set to descend on this year’s Mobile World Congress (MWC) in Barcelona. EU industry ...
cryptocurrency: India asks IMF, FSB to prepare technical paper on crypto assets
[ad_1] India, which is currently holding the G20 Presidency, has tasked the International Monetary Fund and the Financial Stability Board (FSB) with jointly preparing a technical paper on crypto assets. The paper could be used to formulate a coordinated and comprehensive policy to regulate crypto assets. The G20 will draw up a universally acceptable international ...
citizen: Sequoia Capital resigns from board of crime app Citizen
[ad_1] Sequoia Capital stepped down from the board of controversial crime-watch app Citizen, telling the company it wouldn’t join its latest funding round, the Financial Times reported. Citizen, which has previously raised about $133 million from backers including Peter Thiel’s Founders Fund, has over 9 million users and operates in 60 cities across the US, ...
imf: G20 recognises risk attached, agrees to discuss IMF-FSB paper on crypto assets in upcoming meetings
[ad_1] Recognizing the risks attached to the private virtual assets, G20 nations moved a step closer to developing a coordinated and comprehensive policy approach to deal with the crypto assets by considering macroeconomic and regulatory perspectives. According to the chair’s summary released at the end of the two-day meeting of the Finance Ministers and Central ...
nokia: Nokia phone maker HMD to set up production in Europe
[ad_1] HMD Global Oy, licensee of Nokia-brand smartphones, said on Saturday it is developing capabilities and processes this year to bring 5G device production to Europe. Europe has no big smartphone manufacturing presence, as all the major companies, including Apple and Samsung , make their phones in Asia to cut costs. Finland-based HMD said in ...