It is necessary to understand the impacts of AR/VR on psychological wellbeing and addiction
Category: Business
How big is Apple?
Apple is 20 times bigger than the net worth of the two wealthiest narcotic dealers combined
Emerging Agritech Revolution in India
The agritech revolution has empowered farmers to get better quality inputs, timely information ,
access to markets and thereby the potential to yield higher income levels.
India’s Media & Entertainment report 2020 by KPMG
Gaming was the fastest-growing segment with a rapid increase in consumption translating partially into monetization, although from a lower revenue base
Market value of big fintech rises to $1 trillion, more than the largest banks
Square, Visa, PayPal and MasterCard are collectively worth $1.07 trillion, while the “big six” banks, which include JPMorgan, Bank of America, Wells Fargo, Citigroup, Morgan Stanley and Goldman Sachs are worth less than $900 billion in total
State Of Retail Tech (H1’20)
Covid-19 has reeled in retail tech funding in 2020. Investors particularly scaled back funding in Q2’20 as the impact of the pandemic set in.
Principles of App Design
UX work happens “behind the scenes”. You are not bothered by it unless it is deficient.
Google’s Kormo Jobs to help job seekers in India
In addition to helping users identify open calls for entry-level roles, the Kormo Jobs app is also designed to help them learn new skills, and easily create a CV.
10/20/30 Rule of Presenting
A presentation should have ten slides, last no more than twenty minutes, and contain no font smaller than thirty points.
US Bankruptcies at 10-year high
As the coronavirus pandemic continues to wreak havoc on the U.S. economy, bankruptcies are on track to hit the highest level in at least 10 years
Did Fortnite just kill the App Store as we know it?
Epic Games’ Fortnite offered a direct in-app payment system bypassing apple’s (with 30% cut) & google’s; violating their rules and got itself removed. Fortnite has now charged them for being anti-competitive, claiming that app stores are monopolies. The gaming giant’s move is ‘revolutionary’ because it may disrupt the app-store business of Google and Apple. •… Continue reading Did Fortnite just kill the App Store as we know it?
India’s online food delivery sector update
After about a decade since online food ordering through aggregators began in India, the space today is at an interesting juncture.
Megatrends 2020 and beyond
Primary forces are the root causes of disruption: technology, globalization, demographics and
environment
China has the highest mobile payment adoption
Average Chinese consumer is projected to spend around US$1,600 with payment apps in 2020
Mukesh Ambani now world’s 4th richest person
The Bloomberg Billionaires Index is a daily ranking of the world’s richest people
Video Game sales shine amid pandemic
Aside from watching Netflix, playing video games is one of the few activities perfectly suited for life in a pandemic
India FinTech Report
India has the highest FinTech adoption rate globally of 87% which is significantly higher than the global average rate of 64%
Google Music begins shutdown
Google is making these big moves now that its YouTube Music service is in full swing as its replacement
586 startup unicorns in the world
E-commerce, Fintech, AI and SaaS are top 4 core competence sectors of world’s unicorns, making up 45.9% of the sectoral universe of these unicorns
Alphabet revenue dropped in Q2 2020, the first decline since going public
Google parent Alphabet’s quarterly sales fell for the first time in its 16 years as a public company, but the decline was less than expected as many advertisers stuck with the most popular online search engine during the pandemic. Shares of Alphabet fell 1.2% to $1,518.85 after it released the second-quarter results.
Apple tops Saudi Aramco as the most valuable public company
Last up 6.2% at $408.78 in midday trading, Apple’s market capitalization stood at $1.748 trillion. After Apple bought back $16 billion worth of shares in the June quarter, it had 4,275,634,000 outstanding shares, as of July 17
UPI payments at record high in July
United Payments Interface (UPI) transactions in July surged to highest ever tally of 1.49 billion, with the total value of transactions carried out also touching a lifetime high of Rs 2.9 lakh crore
Apple buys startup to turn iPhones into payment terminals
Apple has acquired Mobeewave, a startup with technology that could transform iPhones into mobile payment terminals, according to people familiar with the matter.
eToro Plans to Launch Debit Card in UK Ahead of Robinhood
Investment app eToro is to launch a debit card, following its acquisition of Marq Millions Ltd, the U.K. based e-money business. Marq Millions will now trade as eToro Money and will be the issuer for eToro’s card. The acquisition was for an undisclosed amount, and the Marq Millions management team stays on.
Iran Permits Power Plants To Mine Bitcoin
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government.
Ethereum futures open interest reaches an all-time high of $1 billion
The open interest, or total value of contracts that have not yet been settled, on Ethereum futures has passed the $1 billion mark, according to market analytics firm Skew.
Highlights of the PLI Scheme by Department of Pharmaceuticals
The Department of Pharmaceuticals launched a ‘Production Linked Incentive Scheme’ on 21st July 2020, to address the constraints in the manufacturing of medical devices in India.
Instagram Reels in India
• Instagram Reels is currently being tested in India that lets users record 15-second videos with music and audio clips. • Facebook had recently shut down its TikTok clone app Lasso and was concentrating on ‘Reels’. • Facebook recently partnered with Indian music label Saregama to give access to music library for Instagram music. Source:… Continue reading Instagram Reels in India
TagHive announced pre-seriesA investment
Edtech startup TagHive has announced a pre-seriesA round of investment that takes its valuation to $10 million.
Progressive Web App (PWA)
A middle ground between a mobile-friendly website and a mobile app, PWAs deliver a mobile app-like experience.
Contribution of Smartphones to Digital Governance in India
Key highlights of Contribution of Smartphones to Digital Governance in India by ICEA and KPMG (July 2020): • India is expected to get 829 million smartphone users by 2022. • India is the fastest growing app market in the world; the top country in terms of app downloads as of 2019. • Data usage has… Continue reading Contribution of Smartphones to Digital Governance in India
Global Landscape of Data Centres
• 463 exabytes (1 Quintillion bytes) of data will be created each day globally by 2025 • Global data centers market is expected to grow with a CAGR of 15.1% over the forecast period from 2019-2025 • Americas lead with 40% of market share or $68 billion in investments followed by Europe and Russia together… Continue reading Global Landscape of Data Centres
Key highlights of the report on ‘How India Shops Online’
• A visitor spends less than 9 minutes per visit on an e-retail platform. • 1 in 2 visitors browse the image gallery and only 1 in 15 click the detailed product description. • Google India saw 270% year on year growth in voice search. • 500M Indian language internet users expected by 2021 (vs.… Continue reading Key highlights of the report on ‘How India Shops Online’