Author: Ansh Singh

New Delhi: Google Wallet now has a new feature that lets you create digital passes for almost anything using AI, including IDs, tickets, and other types of passes. If you enjoy storing passes in your phone’s wallet, it can be annoying when you have to use a different app or a saved PDF instead. But now, Android users have a better option with Google Wallet, which uses AI to make a digital pass with all the necessary details, just like any other pass. This feature was announced by Google at its I/O conference in May and replaces the old “Photo”…

New Delhi: Hindenburg Research, the US-based investment research firm known for its earlier report on the Adani Group, has teased a new, major report about India. They posted a message on X saying, “Something big soon India,” suggesting something significant is coming. Last year, Hindenburg released a report accusing the Adani Group of stock market misconduct, including insider trading and manipulating stock prices. This report caused a huge drop in Adani’s stock prices, with losses reported to be over USD 100 billion. The Adani Group has denied these accusations. The timing of the report, just before Adani Enterprises’ USD 2.5…

New Delhi: Former YouTube CEO Susan Wojcicki has passed away at the age of 56 after a two-year battle with cancer. Wojcicki, who was instrumental in Google’s early days by renting out her parent’s garage to co-founders Larry Page and Sergey Brin in 1998, was also the company’s 16th hire. The news of Wojcicki’s death was shared by her husband, Dennis Troper, in a Facebook post. He wrote, “My beloved wife of 26 years and mother to our five children left us today after battling non-small cell lung cancer for two years. Susan was not just my best friend and…

New Delhi: Microsoft recently labeled OpenAI as a competitor in both Artificial Intelligence (AI) and search, signaling a shift in their relationship. This change was highlighted in Microsoft’s latest 10-K SEC filing, where OpenAI was listed among competitors like Anthropic, Amazon, and Meta in the AI space. Additionally, OpenAI was mentioned as a rival in search due to its new SearchGPT feature. Microsoft and OpenAI have had a complex partnership, with Microsoft investing about $13 billion in the company. As part of this partnership, Microsoft uses OpenAI’s models in its products and is OpenAI’s exclusive cloud provider. However, the relationship…

New Delhi: On August 1, Zomato announced the launch of its new app ‘District,’ which will bring together various going-out services like dining, movie, and event ticketing. This is a significant step for Zomato as it moves beyond its core focus on food delivery and into a wider range of lifestyle services. The app will offer a single platform for activities such as dining out, watching movies, booking sports events, attending live performances, shopping, and staycations. CEO Deepinder Goyal shared the news in a letter to shareholders, mentioning that Zomato and Blinkit are currently their two main consumer businesses, both…

New Delhi: Reddit has long relied on search engines like Google to bring visitors to its site, with many people searching for Reddit posts by adding “r/Reddit” to their Google searches. However, Reddit Inc. recently started blocking search engines, including Microsoft’s Bing, from accessing its posts and comments unless they agree to formal deals with Reddit. This change, which began last month, reflects Reddit’s concern about how its data is being used. In an interview, Reddit’s CEO Steve Huffman explained that the platform can no longer allow unrestricted access to its data because they need to control where and how…

New Delhi: The Securities and Exchange Board of India (SEBI) conducted a study on intraday trading patterns and discovered an interesting factor influencing trading success: relationship status. The study, which focused on intraday trading in the equity cash segment, found notable differences in trading behavior and results based on whether traders were married or single, as well as between male and female traders. Married traders tended to do better than single traders in several ways. Over the three years analyzed—FY19, FY22, and FY23—the percentage of loss-makers was consistently lower among married traders compared to single traders. During FY23, male traders…

New Delhi: In the Gen Z era, where fashion is a big deal, Isha Ambani has launched the Azorte brand. The brand was started to offer stylish clothing at affordable prices, similar to what Zudio does. Azorte has quickly gained attention by making luxury fashion more accessible, becoming a strong competitor to Zudio. Isha Ambani’s luxurious legacy helped her position Azorte as a luxurious but affordable fast fashion segment. Its approach is to give a luxury and stylish touch to basic and contemporary wear. This strategy resonates with the demographic of fashion-conscious consumers who need both affordability and style. On…

New Delhi: In India’s cement sector, major competition has grown between Kumar Mangalam Birla’s UltraTech Cement Ltd. and Gautam Adani’s quick growth. Both billionaires are putting a lot of effort into expanding their capabilities and acquiring new assets in order to control the supply of this essential building material, which is necessary for the development of India’s infrastructure. Adani and UltraTech have already made six deals in less than two years. Birla’s cement company recently announced its seventh deal, buying a key regional player. With several smaller competitors still available, the competition is set to grow. Aditya Kondawar, a partner…

New Delhi: Ola Electric’s highly anticipated initial public offering (IPO) is set to begin on August 2, with the listing expected on August 9, according to sources. The anchor investor portion will be available for subscription on August 1. This IPO will be the first by an electric vehicle (EV) startup in India and is expected to be one of the largest new-age public offerings of 2024. The company, based in Bengaluru, filed its draft red herring prospectus with the Securities and Exchange Board of India in December 2023. According to this document, Ola Electric plans to raise up to…