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29.05 / 10:43
Provident Ripple Progressive Action Election innovations donates Ripple Pours $25M More into Crypto Super PAC Fairshake
Ripple announced a second $25m donation to the crypto super Political Action Committee (PAC) Fairshake on Wednesday. This contribution supplements the $25m it provided to Fairshake last year.
29.05 / 04:31
CEO Apple Software innovations reports Features Updates Apple WWDC 2024: Keynote event date, time, what to expect; anticipated launches including iOS 18, AI innovations
Apple WWDC 2024: Apple's WWDC 2024 is just a few weeks away, and the company has confirmed the date and timing for the keynote event. This year's WWDC is expected to be one of the biggest yet, offering developers and attendees a closer look at new software upgrades and AI advancements that Apple has been developing over the past few years.Also Read | Apple after Tim Cook? A look at the likely next CEO John TernusThe company has not officially hinted at any specific AI news, but Tim Cook, Apple's CEO, has been vocal about its plans recently, which is hardly surprising now that the Worldwide Developers Conference (WWDC) 2024 is just around the corner.Also Read | Is Apple planning a self-healing foldable screen? Here's what the report suggestsAlso Read | Apple iOS 18 to introduce AI-powered ‘Emoji Customization,’ suggests Mark GurmanApple WWDC 2024 will start on June 10 and continue until June 14.
29.05 / 02:15
UPS CEO security Software Universities innovations GaiaNet Secures $10M to Build a Decentralized Network for Open Source LLM and AI Agent, Challenging Centralized AI Giants
The project stands to revolutionize how data is accessed, utilized, and secured, boldly challenging the centralized industry giants that have dominated the AI lifecycle
28.05 / 21:41
Twitter Polygon Software wellness innovations zk Polygon Executive Pivots Roles To Developing ZK Proof Tech
Polygon Labs has undergone a key structural change to improve its focus on building zero-knowledge (ZK) technology solutions. On Tuesday, the software company announced that it had expanded the co-founder and executive chairman Sandeep Nailwal’s role to chief business officer (CBO).
28.05 / 13:25
Target Food pandemic trends beautiful social innovations Target's chief food, essentials and beauty officer on innovation in the grocery aisle
Target has revamped its grocery aisles since the COVID-19 pandemic with items ranging from Korean foods and mocktails to barbecue-flavored trail mix as the discount retailer caters to shoppers who want to experiment while sticking to a budget
28.05 / 09:09
Provident Healthcare Uncharted Experts Diversity stage innovations India Accelerator launches vertical to focus on robotics, unmanned aerial systems
India Accelerator has announced the launch of RUMS (Robotics, Unmanned & Space), a new vertical aimed at fostering innovation and growth in the robotics and unmanned industry. Recognised as India’s only dedicated accelerator vertical to propel the Robotics and Unmanned ecosystem growth, IA will be focused on providing strategic support to Unmanned Aerial Systems (UAS), Counterdrone System, Ground Robots and Space Startups. In the initial stage of inception, the accelerator projects to inject a 10-15 Mn capital in early-stage startups exhibiting potential in this space through its partner entity Finvolve. IA will lean on a number of experts to help select and grow the startups, with Lt. Gen Anil Chait, a former Indian Army veteran, who will be leading RUMS with his strategic guidance and support. His 40 years of experience encompassing armoured corps operations, counter-insurgency warfare, and disaster relief missions makes him an invaluable asset for defence startups.
28.05 / 08:41
markets Blockchain Provident Platform security Pool innovations Retik Finance’s (RETIK) Launch Shakes the Crypto Market, Token Skyrockets 2000% in Hours
The launch of Retik Finance (RETIK) has become a significant talking point. Retik Finance, a new decentralized finance (DeFi) platform, has managed to disrupt the market with an unprecedented 2000% increase in its token value within hours of its launch. This extraordinary surge has caught the attention of investors, analysts, and crypto enthusiasts worldwide. Here’s a detailed look at what Retik Finance is, the reasons behind its explosive growth, and what it means for the future of the cryptocurrency market.
28.05 / 06:23
COST Digital Waters Airlines Sustainability innovations Why there is an urgent need for data centres to go green
environmental impact of data centres, which consume vast amounts of power and water, makes it imperative for companies operating these facilities to prioritise sustainability efforts. Data centres are significant consumers of electricity. According to estimates, they use approximately 2% of the world’s power and emit CO2 that is equivalent to the airline industry’s emissions; the airline industry is a highly carbon-intensive business. Moreover, data centres’ energy use is known to double every four years, resulting in one of the fastest-growing carbon footprints. By adopting sustainable practices and technologies, data storage solution companies can play a significant role in mitigating such impact. To fulfil such goals, storage solutions company Western Digital is looking to tackle power consumption challenges, including cooling — a critical aspect to data centre design — operational cost and hardware reliability.
28.05 / 06:23
UPS Provident Research innovations prevention Schools Wipro teams up with Centre for Brain Research at IISc on AI-driven health behaviour innovations
Wipro on Tuesday announced a partnership with the Centre for Brain Research (CBR) to leverage the power of Artificial Intelligence (AI), Machine Learning (ML), and big data analytics for health behaviour innovations. CBR is an autonomous, non-profit research organisation, hosted at the Indian Institute of Science (IISc). A release announcing the collaboration between Wipro and Centre for Brain Research said the partnership will «focus on harnessing the power of AI, ML and big data analytics to develop new technologies that will provide precision support towards the prevention and management of long-term health disorders».
28.05 / 05:29
markets ETF Google Apple NVIDIA innovations Schools How much is Indian MFs' exposure to US tech stocks & how have they performed? Prasad Sawant explains
Prasad Sawant, Advisory Head, IIFL Securities, says Mirae Asset, this NYSE FAANG Plus ETF and also Edelweiss US Technology Scheme has also given more than 80% return. Others, like Motilal Oswal Nasdaq 100 ETF have given 20-25% return in the three-year range. Active schemes like DSP US Flexi Cap have given returns in the range of 18%. If I talk about a three-year return, it is in the range of 15% to 20-25% return. Last week, Nvidia was in news due to the good results and after that the overall return, almost in a year, has gone beyond 170%. But having said that, can we understand the kind of exposure Indian mutual funds have towards US stocks and specifically tech stocks? Prasad Sawant: We have somewhere around 70 mutual fund schemes in the market as of now which has exposure to US listed stocks. And out of that, few are having direct exposure to these technology stocks. Like if we know Motilal Oswal Nasdaq 100 ETF, then we have Mirae Asset NYSE Fang plus ETF Mutual Fund is there and Edelweiss technology related scheme is there, which is specifically into US technology stocks.
28.05 / 05:23
markets wellness President beautiful innovations reports rights 'Mamaearth parent has appetite and funds for new brands'
₹4 crore.As part of the transaction, Honasa will acquire, apart from formulation expertise, the R&D labs as well as CosmoGenesis’ nano-manufacturing facility. “This is something that further strengthens our ability to innovate and bring the right kind of products to the consumers. Rohini Manoj (founder) will be joining us as vice president of research and development.
28.05 / 05:03
UPS Citi Digital Platform wellness electronic innovations The rise of quick commerce has left us with a bagful of questions
₹201.4 on 10 May. The recent fall notwithstanding, a major reason for the rise lies in the very fast growth of the company’s quick commerce business, which delivers vegetables, groceries and other products—from lipsticks and pen drives to floral bouquets and branded kurtas—in a matter of minutes. In 2023-24, the adjusted revenue of the company’s quick commerce business grew by 186% to ₹2,302 crore.
28.05 / 03:15
Blockchain Provident Waves security Dreams innovations Features Own Luxury Cars, Earn Daily Rewards from Rentals – Dreamcars (DCARS) is the Top Crypto to Watch this Month
The cryptocurrency space keeps growing, with new and innovative projects continually being developed. One innovation currently making waves is Dreamcars (DCARS), a crypto project set to revolutionize the way we perceive and experience luxury car ownership. By leveraging blockchain technology, Dreamcars has introduced the concept of fractional ownership, allowing individuals to invest in their dream cars and earn daily rewards from rentals.
28.05 / 00:55
Digital Booking Interface community performer innovations Schools ChatGPT meets Beckn in FIDE’s AI agent BecknGPT
Interoperability in Digital Economy (FIDE), which powers ecommerce networks like the government-backed Open Network for Digital Commerce (ONDC), has unveiled a multi-network AI agent that can carry out commercial transactions on the user's behalf. The AI agent, Beckn Generative Pre-trained Transformer or BecknGPT, is an open-source demonstration app over Open AI’s ChatGPT.
27.05 / 18:23
WhatsApp Research trends beautiful innovations acquires Honasa Consumer acquires cosmetic formulation brand CosmoGenesis
Honasa Consumer, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it has acquired cosmetic formulation maker CosmoGenesis Labs for an undisclosed amount. This acquisition will help the company, which was listed in November last year, to have a significant leap in research-driven innovation, the company said. CosmoGenesis boasts of extensive expertise in various facets of cosmetics, coupled with rich experience in natural & organic formulations, it said. Commenting over the development, Honasa Consumer CIO and Co-Founder Ghazal Alagh said this alliance with CosmoGenesis will exponentially increase Honasa's ability to research new trends with greater efficiencies and help craft best-in-class products.
27.05 / 16:49
Digital Action innovations Features Videos cricket Sporting ICC, FanCraze extend multi-year partnership
FanCraze have signed a multi-year partnership extension, marking a significant milestone in digital fan engagement during the ICC Men's T20 World Cup 2024. As part of the partnership, ICC Crictos SuperTeam, a Web3 fantasy game featuring officially licensed ICC digital video collectibles, will be launched, allowing fans to build fantasy teams using their ICC Crictos and compete in contests for daily rewards. ICC Crictos has brought supporters closer to the action than ever before, with unique activations such as gifting customised ICC Crictos to fans who attended the ICC Men's T20 World Cup 2022 and rare behind-the-scenes experiences, the two partners said in a statement
27.05 / 12:51
Provident Manufacturing Software President performer innovations Schools HCLTech, Arm collaborate to work on custom silicon chips for AI-led biz
HCLTech on Monday said it has partnered with British semiconductor and software design company Arm to work on custom silicon chips that support AI-driven business operations. A semiconductor designed for a specific task is referred as custom silicon chip. The partnership will enable semiconductor manufacturers, system OEMs (original equipment manufacturers) and cloud services providers to enhance the computing efficiency of their data centre environments, HCLTech said in a statement.
27.05 / 09:15
markets Healthcare CMI performer hospital innovations Aster to invest Rs 250 crore in CMI Hospital, to upscale to 850 beds
Aster DM Healthcare on Monday announced its expansion plan for Aster CMI Hospital, a multispecialty hospital in Bengaluru. The unit will have an additional infrastructure expansion of 300,000 sq feet thereby increasing its bed capacity from the existing 500 beds to 850 beds. With this development, the company is further strengthening its presence in Bengaluru, reaching a cumulative bed strength of 1602 beds, thereby becoming one of the largest healthcare providers in the city. The Company will invest around Rs. 250 crore to upgrade the existing facility which is expected to be commissioned by the fiscal year 2027. Spread across an area of 4.45 lakh square feet in Hebbal, Bangalore, Aster CMI Hospital, is one of the leading super-specialty hospitals with contemporary state-of-the-art facilities offering comprehensive primary care to quaternary care services, the hospital said in a press statement.
27.05 / 01:01
Target Strategy Food stage innovations reports Schools Sauce VC launches third fund eyeing a corpus of Rs 250 crore
Sauce VC, which has backed new-age luggage brand Mokobara, healthy foods startup The Whole Truth and petcare firm Supertails, has launched its third fund with a target to raise Rs 250 crore, founder and managing partner Manu Chandra told ET. The New Delhi-based investment firm received clearance from the Securities and Exchange Board of India (Sebi) a few weeks ago for the new fund, Chandra said, adding that it aims to back 15-16 consumer brands in their early stages.
27.05 / 01:01
UPS Google Mobile social inclusion innovations Schools Bengaluru's Incluzza helps Google bring accessible gaming closer home
Project Gameface, an open source, hands-free, on-device, AI-powered ‘mouse’ developed by Google, was designed through feedback from Incluzza, a social enterprise in Bengaluru that supports people with disabilities. Gameface allows users to control a cursor on a phone, computer or tablet with head movements and facial expressions via a webcam. Users can for example raise their eyebrows to click and drag or open their mouth to move the cursor. “We collaborated with Incluzza to learn how Project Gameface can be expanded to educational, work, and other settings, like being able to type messages to family or searching for new jobs,” said Avneet Singh, product manager, Google Partner Innovation, at an international press briefing and demo on May 14 on the sidelines of Google I/O in Mountain View, California.
26.05 / 19:09
Interface Research community country innovations biodiversity International WIPO treaty a big win for India & global south: Commerce ministry
genetic resources and associated traditional knowledge at the World Intellectual Property Organization (WIPO) is a «significant win» for India and the global South ,comprising mainly low-income and developing countries, the commerce and industry ministry said on Sunday. The treaty will establish in international law a new disclosure requirement for patent applicants whose inventions are based on genetic resources and associated traditional knowledge. This will also offer added protection to Indian generic resources and traditional knowledge in countries that don't currently have disclosure obligations. The signing of the treaty on Friday capped two decades of negotiations. It was adopted at the multilateral fora with a consensus among more than 150 countries, the ministry said in a statement.

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