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On 16 June, the Trump Organisation revealed a $499 smartphone that will go on sale in September along with a mobile phone plan. According to its website, Trump Mobile, the new service, will include a $47.45 monthly package that includes unlimited call, text, and data, as well as roadside
The WhatsApp advertising that the Meta-owned messaging firm has formally unveiled won't appear in users' calls or chats, so don't worry. Instead of showing up in users' personal area, these advertisements will show up in the Updates tab. The Updates page, where one may
To reduce spam calls, the Telecom Regulatory Authority of India (TRAI) has started a pilot initiative to develop a digital permission management system. The regulator will verify the technical, operational, and regulatory aspects of a digital consent registration function as part of the project. To test this framework, TRAI has
The financial services company InCred Group's digitally first wealthtech platform, InCred Money, announced that it will buy discount broking platform Stocko to enter the retail broking market. Although the transaction's magnitude was not disclosed, those with knowledge of the situation estimated that it would be an
A media report published on 15 June stated that Allison Kirkby, the chief executive of BT Group, stated that developments in artificial intelligence may intensify the substantial layoffs already occurring at the British telecoms business. BT's goals to eliminate over 40,000 jobs and cut 3 billion pounds
According to regulatory records, Meesho, an e-commerce firm, made progress in its IPO process after the National Company Law Tribunal (NCLT) permitted the business to move its headquarters from Delaware, the United States, back to India. Meesho will now combine with the Indian company and finish the redomiciling procedure in
Intel is getting ready to start laying off a large number of employees at its production facilities in the middle of July. This will be the company's first significant layoff since Lip-Bu Tan became CEO in March. The layoffs, which are anticipated to finish by the end of
According to reports, Goa Chief Minister Pramod Sawant has promised that the state will not allow cab aggregators like Ola and Uber. Despite the state government's notification of the draft Goa Transport Aggregator Guidelines, 2025, asking for comments and objections, this decision was made. A regulatory framework, including
Amid concerns over its long-term viability, the Indian government is presently addressing Vodafone Idea's (Vi) financial difficulties and contemplating relief measures. Vi might not be able to fulfil obligations after 2028–2029 if payment terms are not even extended to adjusted gross revenue (AGR) dues. Although measures like
Several brokerages stated in separate notes that Rapido's entry into the food delivery market through a pilot in Bengaluru is unlikely to significantly upend the established duopoly of Zomato and Swiggy due to the business's intrinsic operational complexity, capital intensity, and customer experience issues. Bengaluru-based Rapido
In response to bank criticism of young recruits accepting offers that were made in the future, Apollo Global Management informed potential investment-banking prospects that it would neither interview nor give offers to the class of 2027 this year. Apollo outlined its reasoning in a letter to applicants on Wednesday, stating
As the Trump administration proposes massive budget cuts for the US space program, NASA issued a new plea this week for its employees to quit the agency with a new offer for job buyouts. NASA officials announced the launch of a new early retirement and deferred resignation programme on June
After considering industry input from consultations and evaluating market participants' preparedness, regulator SEBI announced the "Valid" mechanism on June 11, which will give market intermediaries a unique Unified Payments Interface (UPI) address to collect money from clients. According to Tuhin Kanta Pandey, Chairman of SEBI, the innovative
OpenAI's ChatGPT is now operational after more than 16 hours of non-operation. According to a status report from OpenAI, almost all of ChatGPT's features began functioning correctly for users at 4:00 AM on 11 June. The platform is still experiencing high mistake rates, though. According
Google's Gemini app now offers Scheduled Actions, a new productivity-focused feature. Users with subscriptions to Google AI Pro, Google AI Ultra, and specific Google Workspace business and school accounts can now access the service, which was launched on June 10. The update, which was first revealed at Google&
The government is allegedly considering a plan to reinstate the Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions over INR 3,000 in an effort to relieve financial strain on banks and payment service providers. As per various media reports, the action is intended to address the operational
🔍Insights
Thinking about coffee? Yeah, me too! And when it's about coffee, no one can beat Starbucks! The most delicious American coffeehouse and company. But what keeps this company incredibly successful? So, to bring a better perspective to the business model of Starbucks, we have presented this article for
According to a media source, OpenAI intends to integrate Alphabet's Google Cloud service to accommodate its expanding processing capacity requirements. This is an unexpected partnership between two well-known rivals in the artificial intelligence space. As per the report, the agreement was concluded in May after being discussed for
3.5% of Paramount Global's employees in the US will be let go, the company revealed. According to a media report, the information was distributed to staff members via an internal memo on 10 June. The company's efforts to address declining cable TV viewing as more
Several media outlets have reported that Meta is finalising an agreement to spend $14 billion on Scale AI. Earlier this week, one media site said that an investment might exceed $10 billion, while on June 10, another media publication said that Meta will pay around $15 billion. Various other media
The coding platform Tynker and the children's learning platform Epic, two American assets of the struggling edtech company Byju's, were sold for a small portion of what the company had spent for them. According to a media report, both sales were allowed by a US bankruptcy
The board of the massive D2C e-commerce company Meesho has authorised the company's transformation into a public company in preparation for an IPO. In an extraordinary general meeting on June 5, the board of Meesho passed a special resolution to change the company's name from "
The well-liked Indian Premier League (IPL) team Royal Challengers Bengaluru (RCB) might soon have a new owner. According to a media report, Diageo Plc, the British corporation that controls RCB through United Spirits Ltd., its Indian subsidiary, is looking into selling all or a portion of its franchise. A person
On June 9, Qualcomm Incorporated declared that it had reached a deal with Alphawave IP Group plc about the terms and conditions of a suggested acquisition of all of Alphawave Semi's issued and to be issued ordinary share capital by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary