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Showing posts from May, 2023

Government Set to Deny Funding for Vedanta-Foxconn Chip Venture: Report

The Indian government is poised to deny crucial funding for Anil Agarwal's chip venture, Bloomberg News reported on Tuesday, a setback to the billionaire's ambition to build India's 'own Silicon Valley.' The authorities are likely to inform the venture between Vedanta and Taiwan's Foxconn that it won't get incentives to make 28-nanometer chips, the report said, citing people familiar with the matter. The venture's application seeking billions in government assistance hasn't met the criteria set by the government, the report said. The project is still in search of a technology partner and a manufacturing-grade technology license for the construction of 28nm chips, it added. India's technology ministry, Vedanta and Foxconn did not immediately respond to Reuters requests for comment. The setback comes at a time when Agarwal's metals and mining conglomerate is already grappling with reducing its significant debt load. Last year in Septembe

Government Set to Deny Funding for Vedanta-Foxconn Chip Venture: Report

The Indian government is poised to deny crucial funding for Anil Agarwal's chip venture, Bloomberg News reported on Tuesday, a setback to the billionaire's ambition to build India's 'own Silicon Valley.' The authorities are likely to inform the venture between Vedanta and Taiwan's Foxconn that it won't get incentives to make 28-nanometer chips, the report said, citing people familiar with the matter. The venture's application seeking billions in government assistance hasn't met the criteria set by the government, the report said. The project is still in search of a technology partner and a manufacturing-grade technology license for the construction of 28nm chips, it added. India's technology ministry, Vedanta and Foxconn did not immediately respond to Reuters requests for comment. The setback comes at a time when Agarwal's metals and mining conglomerate is already grappling with reducing its significant debt load. Last year in Septembe

Delhi Metro Launches WhatsApp-Based Ticketing Service for Airport Line Commuters

Delhi Metro commuters will now be able to travel on the Airport Line using a WhatsApp- based ticketing service launched on Tuesday. The system allows commuters to receive a QR code-based ticket directly on WhatsApp, officials said. "Further enhancing the travel experience for its commuters in an easy-to-navigate digital mode, Delhi Metro today introduced a WhatsApp-based ticketing service for travel on its Airport Express Line," the Delhi Metro Rail Corporation (DMRC) said. The service was launched by DMRC Managing Director Vikas Kumar at the Metro Bhawan here in the presence of other senior officials. With the introduction of this facility, commuters on the Airport Line will now be able to use WhatsApp chatbot-generated QR code-based tickets from their smartphones. This facility will make commuting more efficient and seamless for commuters, especially national and international travellers heading to or coming from the airport, using the Airport Line, as they can now pu

Delhi Metro Launches WhatsApp-Based Ticketing Service for Airport Line Commuters

Delhi Metro commuters will now be able to travel on the Airport Line using a WhatsApp- based ticketing service launched on Tuesday. The system allows commuters to receive a QR code-based ticket directly on WhatsApp, officials said. "Further enhancing the travel experience for its commuters in an easy-to-navigate digital mode, Delhi Metro today introduced a WhatsApp-based ticketing service for travel on its Airport Express Line," the Delhi Metro Rail Corporation (DMRC) said. The service was launched by DMRC Managing Director Vikas Kumar at the Metro Bhawan here in the presence of other senior officials. With the introduction of this facility, commuters on the Airport Line will now be able to use WhatsApp chatbot-generated QR code-based tickets from their smartphones. This facility will make commuting more efficient and seamless for commuters, especially national and international travellers heading to or coming from the airport, using the Airport Line, as they can now pu

US Scraps Excise Tax Proposal on Bitcoin Mining After Biden Refuses to Slash Crypto Taxes

The US has come to a decision regarding the imposition of excise taxes on Bitcoin miners operating from within the country. The US will not be adding any new tax layer upon the US' Bitcoin mining sector as the proposal extended earlier this month has officially been scrapped. The development was confirmed to the media by a regulator in the US. It is noteworthy, that this decision comes immediately after US President Joe Biden clearly refused to slash the existing taxes on crypto gains. It seems, not levying an excise tax on Bitcoin miners is the US' way to keep earning from crypto taxes while also not pressurising the industry from all sides. Earlier this month, the US' Council of Economic Advisors (CEA) floated a proposal to have Bitcoin miners pay a tax equal to 30 percent of the total energy cost that they consumed in the crypto mining process. The decision to pull the plug on this proposal could be part of a bunch of tax-related rebates introduced by the US administra

US Scraps Excise Tax Proposal on Bitcoin Mining After Biden Refuses to Slash Crypto Taxes

The US has come to a decision regarding the imposition of excise taxes on Bitcoin miners operating from within the country. The US will not be adding any new tax layer upon the US' Bitcoin mining sector as the proposal extended earlier this month has officially been scrapped. The development was confirmed to the media by a regulator in the US. It is noteworthy, that this decision comes immediately after US President Joe Biden clearly refused to slash the existing taxes on crypto gains. It seems, not levying an excise tax on Bitcoin miners is the US' way to keep earning from crypto taxes while also not pressurising the industry from all sides. Earlier this month, the US' Council of Economic Advisors (CEA) floated a proposal to have Bitcoin miners pay a tax equal to 30 percent of the total energy cost that they consumed in the crypto mining process. The decision to pull the plug on this proposal could be part of a bunch of tax-related rebates introduced by the US administra

Fast X Becomes First Hollywood Movie of the Year to Break the 100-Crore Mark in India

Fast X has become the first Hollywood film in 2023 to break the 100-crore mark at the Indian box office. Universal Pictures has confirmed that the 10th main instalment in the globe-trotting action franchise has collected an impressive Rs. 105 crore (about $1.26 million) during its 11-day run since its theatrical release on May 19. From a global standpoint, Fast X has made $515.6 million (about Rs. 4,266 crore), securing its place as the third-biggest studio release of the year. It currently sits right behind The Super Mario Bros. Movie and Guardians of the Galaxy Vol. 3 , the former of which joined the billion-dollar club in less than a month. The new Fast and Furious movie has made $402 million (about Rs. 3,327 crore) from areas outside the US and Canada, which includes the aforementioned $1.26 million from India. Despite the high numbers, a Deadline report notes that the figures saw a 58 percent drop across 84 markets. Fast X raked in another $113.5 million (about Rs. 939 crore

New Low-Cost Smartphone Attachment, Custom App to Monitor Blood Pressure at User’s Fingertip

Scientists have developed a simple, low-cost clip that uses a smartphone's camera and flash to monitor blood pressure at the user's fingertip. The clip developed by researchers at the University of California (UC) San Diego, US, works with a custom smartphone app and currently costs about 80 cents (Rs. 5.6) to make. The researchers estimate that the cost could be as low as 10 cents (Rs. 0.7) apiece when manufactured at scale. The technology, described in the journal Scientific Reports, could help make regular blood pressure monitoring easy, affordable and accessible to people in resource-poor communities, they said. It could benefit older adults and pregnant women, for example, in managing conditions such as hypertension, according to the researchers. "We have created an inexpensive solution to lower the barrier to blood pressure monitoring,” said study first author Yinan Xuan, a Ph.D. student at UC San Diego. "Because of their low cost, these clips could be han

The Witcher 3: Wild Hunt Has Sold Over 50 Million Copies Worldwide, CD Projekt Red Confirms

The Witcher 3: Wild Hunt has sold over 50 million copies worldwide, publisher CD Projekt Red confirmed. The ridiculous feat, combined with the overall sales of the franchise, which includes 2007's The Witcher and The Witcher 2: Assassins of Kings , makes it one of the most successful series of all time, with over 75 million units sold. The Witcher 3 now ranks ninth on the list of the best-selling titles in history, just short of Red Dead Redemption 2 , which has sold 53 million copies. Those numbers are expected to grow in the coming years, largely bolstered by the newly released next-gen update, which brings ray-tracing support, improved performance on consoles, and a slew of quality-of-life changes. “This shows the tremendous strength of the franchise,” Piotr Nielubowicz, CFO, CD Projekt Red said in a video summarising the company's Q1 financial results. “This makes us even more excited with what the future holds, and with our upcoming projects set in the Witcher univers

New Low-Cost Smartphone Attachment, Custom App to Monitor Blood Pressure at User’s Fingertip

Scientists have developed a simple, low-cost clip that uses a smartphone's camera and flash to monitor blood pressure at the user's fingertip. The clip developed by researchers at the University of California (UC) San Diego, US, works with a custom smartphone app and currently costs about 80 cents (Rs. 5.6) to make. The researchers estimate that the cost could be as low as 10 cents (Rs. 0.7) apiece when manufactured at scale. The technology, described in the journal Scientific Reports, could help make regular blood pressure monitoring easy, affordable and accessible to people in resource-poor communities, they said. It could benefit older adults and pregnant women, for example, in managing conditions such as hypertension, according to the researchers. "We have created an inexpensive solution to lower the barrier to blood pressure monitoring,” said study first author Yinan Xuan, a Ph.D. student at UC San Diego. "Because of their low cost, these clips could be han

BGMI Relaunched in India With Daily Time Limits for iOS and Android, New Nusa Map: Details

BGMI was relaunched in India on Monday, and the popular battle royale game can now be played on iOS and Android smartphones, nearly a year after it was banned in the country. Developer Krafton says it has imposed restrictions on playing Battlegrounds Mobile India , with daily time limits. The latest update to the game — the first to arrive since June last year — brings a new map based on a small resort island located in a tropical zone, along with new in-game events, and updates to classic maps in the game. On Monday, Krafton announced the relaunch of BGMI in India, two days after it allowed Android users to preload the game in advance. Both iOS and Android users can now download BGMI via the App Store and Play Store respectively, but Krafton says that playability will be staggered and users will be able to login in phases within 48 hours.  According to Krafton, BGMI will restrict playtime for users in India based on their age. Minors playing the game will be limited to three hours

BGMI Relaunched in India With Daily Time Limits for iOS and Android, New Nusa Map: Details

BGMI was relaunched in India on Monday, and the popular battle royale game can now be played on iOS and Android smartphones, nearly a year after it was banned in the country. Developer Krafton says it has imposed restrictions on playing Battlegrounds Mobile India , with daily time limits. The latest update to the game — the first to arrive since June last year — brings a new map based on a small resort island located in a tropical zone, along with new in-game events, and updates to classic maps in the game. On Monday, Krafton announced the relaunch of BGMI in India, two days after it allowed Android users to preload the game in advance. Both iOS and Android users can now download BGMI via the App Store and Play Store respectively, but Krafton says that playability will be staggered and users will be able to login in phases within 48 hours.  According to Krafton, BGMI will restrict playtime for users in India based on their age. Minors playing the game will be limited to three hours

Tecno Camon 20, Camon 20 Pro 5G, Camon 20 Premier 5G With MediaTek Chipsets, AMOLED Displays Launched in India

Tecno Camon 20, Camon 20 Pro 5G, and Camon 20 Premier 5G were launched by the company on Saturday. The new series of smartphones is equipped with chipsets from MediaTek and sport AMOLED displays. The Tecno Camon 20 and Tecno Camon 20 Pro feature similar specifications including a 64-megapixel primary camera, while the Tecno Camon 20 Premier 5G packs a 50-megapixel camera. All three handsets are equipped with 5,000mAh batteries. The company is yet to announce pricing and availability details of the more expensive Camon 20 Premier 5G. Tecno Camon 20, Camon 20 Pro 5G, and Camon 20 Premier 5G price in India and availability Tecno Camon 20 price in India is set at Rs. 14,999 and the handset goes on sale today in a single 8GB + 256GB RAM and storage option in Glacier Glow, Predawn Black, and Serenity Blue colour options. The Tecno Camon 20 Pro 5G , on the other hand, is priced at Rs. 19,999 for the 8GB + 128GB model, while the 8GB + 256GB variant is priced at Rs. 21,999. Both handsets wil

Tecno Camon 20, Camon 20 Pro 5G, Camon 20 Premier 5G With MediaTek Chipsets, AMOLED Displays Launched in India

Tecno Camon 20, Camon 20 Pro 5G, and Camon 20 Premier 5G were launched by the company on Saturday. The new series of smartphones is equipped with chipsets from MediaTek and sport AMOLED displays. The Tecno Camon 20 and Tecno Camon 20 Pro feature similar specifications including a 64-megapixel primary camera, while the Tecno Camon 20 Premier 5G packs a 50-megapixel camera. All three handsets are equipped with 5,000mAh batteries. The company is yet to announce pricing and availability details of the more expensive Camon 20 Premier 5G. Tecno Camon 20, Camon 20 Pro 5G, and Camon 20 Premier 5G price in India and availability Tecno Camon 20 price in India is set at Rs. 14,999 and the handset goes on sale today in a single 8GB + 256GB RAM and storage option in Glacier Glow, Predawn Black, and Serenity Blue colour options. The Tecno Camon 20 Pro 5G , on the other hand, is priced at Rs. 19,999 for the 8GB + 128GB model, while the 8GB + 256GB variant is priced at Rs. 21,999. Both handsets wil

China to Send First Civilian Into Space on Tuesday as Part of Crewed Mission to Its Space Station

China will send its first civilian astronaut into space as part of a crewed mission to the Tiangong space station on Tuesday, its Manned Space Agency announced, as Beijing pushes ahead with its extra-terrestrial ambitions. The world's second-largest economy has invested billions of dollars into its military-run space programme, trying to catch up with the United States and Russia after years of belatedly matching their milestones. Until now, all Chinese astronauts sent into space have been part of the People's Liberation Army. "Payload expert Gui Haichao is a professor at Beijing University of Aeronautics and Astronautics," China Manned Space Agency Spokesperson Lin Xiqiang told reporters Monday. Gui will be "mainly responsible for the on-orbit operation of space science experimental payloads", Lin said. The commander is Jing Haipeng -- on his fourth mission into space, according to state media -- and the third crew member is engineer Zhu Yangzhu. The

China to Send First Civilian Into Space on Tuesday as Part of Crewed Mission to Its Space Station

China will send its first civilian astronaut into space as part of a crewed mission to the Tiangong space station on Tuesday, its Manned Space Agency announced, as Beijing pushes ahead with its extra-terrestrial ambitions. The world's second-largest economy has invested billions of dollars into its military-run space programme, trying to catch up with the United States and Russia after years of belatedly matching their milestones. Until now, all Chinese astronauts sent into space have been part of the People's Liberation Army. "Payload expert Gui Haichao is a professor at Beijing University of Aeronautics and Astronautics," China Manned Space Agency Spokesperson Lin Xiqiang told reporters Monday. Gui will be "mainly responsible for the on-orbit operation of space science experimental payloads", Lin said. The commander is Jing Haipeng -- on his fourth mission into space, according to state media -- and the third crew member is engineer Zhu Yangzhu. The

Consumers' Right to Data Protection, Privacy and Safe Internet Can Never Be Compromised, MoS IT Says

The government will ensure that consumers always have their platforms accountable to them in the digital space, and the rights of Indian consumers to have safe Internet will not be allowed to be compromised or diluted, Union Minister Rajeev Chandrasekhar said on Friday. The Minister of State for Electronics and IT — who is spearheading an extensive and in-depth nationwide consultation on the new Digital India Bill that will replace two decades old the Information Technology Act — noted that for years, the big tech platforms masqueraded as innovation and misused market dominance necessitating overhaul of regulatory and legal frameworks. "...it is a commitment that we have to the people of India...1.2 billion Indians who are going to use the Indian Internet, that we will keep the Internet open for them. We will deliver safety and trust on the Internet for them. And we will make sure that regardless of whether you're a big tech or small tech, Indian or foreign that consumers w

BGMI Available to Download via Google Play Store, Will Be Playable Starting May 29: Details

BGMI — or Battlegrounds Mobile India  — is now available to download via the Google Play store in India. The game, which was banned by the government of India last year, can be preloaded on Android smartphones before it is re-launched in India next week. Developer Krafton has confirmed that the game will be playable in India starting on May 29. The popular battle royale game has been granted a three-month "trial approval" in India, MoS IT Rajeev Chandrasekhar said earlier this month. Krafton announced on Saturday that Battlegrounds Mobile India was available to preload via the Google Play store. While the game can be download — or updated, if it was previously installed — it won't playable until May 29, when the game is re--launched. Meanwhile, iOS users do not currently have the option to preload the game on their smartphones. Gadgets 360 was able to confirm that the game was available to download via the Play Store. Earlier this month, Krafton confirmed that BGMI

Consumers' Right to Data Protection, Privacy and Safe Internet Can Never Be Compromised, MoS IT Says

The government will ensure that consumers always have their platforms accountable to them in the digital space, and the rights of Indian consumers to have safe Internet will not be allowed to be compromised or diluted, Union Minister Rajeev Chandrasekhar said on Friday. The Minister of State for Electronics and IT — who is spearheading an extensive and in-depth nationwide consultation on the new Digital India Bill that will replace two decades old the Information Technology Act — noted that for years, the big tech platforms masqueraded as innovation and misused market dominance necessitating overhaul of regulatory and legal frameworks. "...it is a commitment that we have to the people of India...1.2 billion Indians who are going to use the Indian Internet, that we will keep the Internet open for them. We will deliver safety and trust on the Internet for them. And we will make sure that regardless of whether you're a big tech or small tech, Indian or foreign that consumers w