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Here’s what’s trending

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Inc42

10h
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Image Credit: Inc42

Flush With Fresh Funds, Rapido Seeks To Ride The Quick Commerce Wave

  • Ride-hailing unicorn Rapido is reportedly planning to enter the quick commerce sector.
  • Rapido has begun discussions with Zepto and grocers like Pincode and KPN to expand into quick commerce.
  • The talks are preliminary but make sense due to common investor Nexus Venture Partners and supply synergies.
  • Rapido recently raised $200 million in its Series E funding round, becoming a unicorn with a valuation of $1.1 billion.

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Inc42

10h

ideaForge Allots Additional Equity Shares Under ESOP 2018

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  • Drone manufacturing startup ideaForge has allotted additional equity shares under its ESOP 2018.
  • The company has approved the allotment of 3,936 equity shares for the exercise of vested options.
  • The exercise price has been set at INR 10 per share, with a total value of INR 27.41 lakh.
  • ideaForge's paid-up capital saw a marginal increase to INR 43,02,88,360 after the allotment.

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HinduBusinessLine

10h

DHL Express commits €100 million in fourth quarter to boost transport and handling capacity

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  • DHL Express is committing €100 million in the fourth quarter to enhance transport and handling capacity.
  • The company expects volume growth driven by worldwide e-commerce and gradual recovery of B2B shipments.
  • Investments include additional aircraft, extra flights, and handling/sorting capacity in key locations.
  • DHL Express anticipates high volume on intercontinental routes, especially in China outbound lane.

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9

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Digitaltrends

10h

How to set an ‘Out of Office’ message in Microsoft Teams

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  • Microsoft Teams allows users to set up an 'Out of Office' status to inform colleagues of their unavailability.
  • The 'Out of Office' status in Microsoft Teams is synced with Outlook calendars.
  • To set up the 'Out of Office' status, users need to go to their profile settings in Teams and toggle on automatic replies.
  • Users can also set a status message that will appear in chats to notify colleagues of their unavailability.

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Changelly

10h

What Went Wrong with the 2024 Bitcoin Halving?

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  • Bitcoin's price has not followed the typical post-halving surge seen in previous years. Despite the April 2024 halving reducing block rewards, the cryptocurrency's value has fallen below $60,000.
  • Contributing factors include speculative trading, global economic uncertainty, and regulatory pressures. Additionally, increased mining difficulty and reduced profitability have impacted market sentiment.
  • While some indicators, like rising hash rates, suggest potential recovery, the broader crypto market remains volatile. TON Network has defied this trend, with TONcoin seeing a 10% rebound and ongoing community support, offering a glimmer of hope in an otherwise uncertain market.

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18

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Livebitcoinnews

10h

India Leads Global Crypto Adoption Despite Ban on Offshore Exchanges

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  • India remains the leader in global cryptocurrency adoption despite regulatory challenges.
  • The ban on offshore exchanges has not significantly reduced their usage in India, and regulatory adjustments are ongoing.
  • India ranks first in Chainalysis’s Global Crypto Adoption Index for the second year in a row, outperforming other nations.
  • Despite the ban, restricted offshore exchanges still account for nearly 40% of total centralized exchange (CEX) value in India.

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HinduBusinessLine

10h
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Image Credit: HinduBusinessLine

Adani Group to invest over $48 billion in green energy push

  • Adani Group plans to invest over $48 billion in its green energy push, according to sources.
  • The investment will be made in Adani Green Energy and Adani New Industries, as per the company's pledge shared with the Ministry of New & Renewable Energy.
  • Adani Green Energy aims to increase its renewable energy capacity to 50 GW by the end of the decade, up from 11.2 GW.
  • The group also plans to expand solar and wind turbine manufacturing capacity.

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Insider

10h

United inks deal with Elon Musk's SpaceX to offer free WiFi on flights

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  • United Airlines has signed a deal with SpaceX to offer free WiFi on all its flights.
  • The airline plans to test the service in early 2025, with the first connected passenger flights expected later that year.
  • United is the latest airline to adopt SpaceX's Starlink satellite service for in-flight WiFi, following Hawaiian Airlines and JSX.
  • The Starlink-powered internet connection will allow passengers to stream movies and work while on the move.

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Nasa

10h

NASA Johnson Honors Hispanic Heritage: Meet Manuel Retana 

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  • Manuel Retana, an immigrant from Mexico, has become a crucial player in implementing life support systems on spacecraft for NASA.
  • He works as a project manager for NASA's Johnson Space Center Life Support Systems Branch, ensuring astronaut safety on the International Space Station and future Artemis missions.
  • Retana's notable achievements include his work on the Orion Smoke Eater Filter, which removes harmful gases in case of a fire inside the spacecraft.
  • He emphasizes the importance of diversity and collaboration in solving complex challenges and believes in the democratization of space exploration.

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Insider

10h

A 27-year-old who quit her job to resell sneakers online explains how she got her start and sourced profitable products

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  • Val Zapata, founder of The Shoe Game Co., turned her sneaker hobby into a multimillion-dollar business, selling shoes and streetwear through live shows on Whatnot.
  • Her journey began by flipping sneakers with her dad and later sourcing deals on platforms like Facebook Marketplace. Zapata built a network of trusted buyers and sellers, learning to negotiate and score deals.
  • A key moment was purchasing 450 pairs of shoes at a Boston event, nearly quadrupling her investment. 
  • She attributes her success to knowing her niche, staying current on trends, and educating her buyers, which maximizes sales and value.

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1.3k reads

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19

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Livescience

10h

What is the dead internet conspiracy?

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  • The "dead internet theory" suggests that most online activity is generated by bots rather than humans.
  • Originating from a 2021 forum post, it claims bots create social media posts, interact with each other, and even manipulate opinions for advertising revenue. Research shows bots make up around half of internet traffic, with AI-generated content rising. However, there's no compelling evidence the internet is "dead."
  • While AI may produce low-quality content and inflate engagement, search engines like Google prioritize human-made content. As AI advances, caution is needed, but humans and bots continue to coexist online.

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HRKatha

10h

Viacom18 reimagines employee perks with Perks Against Mundanity’ programme

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  • Viacom18 unveils 'Perks Against Mundanity' programme, offering over 40 unique perks to employees.
  • Programme turns traditional benefits experience into an interactive journey through a game-inspired approach.
  • Perks include comprehensive wellness support, diversity and inclusion benefits, parenting perks, and more.
  • Viacom18's innovative benefits programme enhances employee satisfaction and fosters a strong, collaborative culture.

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Medium

10h

The Most Common Coding Mistake Every Programmer Keeps Overlooking

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  • The length of a function should be decided pragmatically based on the needs of the project.
  • Poorly named functions can make code less readable and relevant.
  • Consistency in function naming within a team is important for code clarity.
  • To simplify code, manage parameters effectively and avoid deep nesting of IF statements.

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15

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Bloomberg Quint

10h
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Image Credit: Bloomberg Quint

Nine Of 10 Indian Financial Institutions Focusing On AI, Gen AI For Innovation: PwC India

  • Ninety per cent of Indian financial institutions are focusing on artificial intelligence and generative AI as primary technology enablers of innovation.
  • Around 74% of respondents cited data analytics as a key technology driving insights and decision-making in the financial services sector.
  • 84% of respondents stated that customer experience and engagement were the key focus areas for innovation initiatives.
  • The primary challenges faced by companies running innovation initiatives were resource constraints, talent acquisition, and technological complexity.

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7.2k reads

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5

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Inc42

10h

Delhivery Partners Teamglobal To Ace Ocean Freight Offerings

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  • Logistics major Delhivery has partnered with Teamglobal Logistics to offer ocean freight services.
  • The partnership will extend Delhivery's Less than Container Load (LCL) service to over 120 countries.
  • In return, Delhivery will offer its in-land Part Truckload (PTL) shipping solution to Teamglobal within India, covering more than 18,700 pin codes.
  • The partnership aims to provide an integrated solution for Indian businesses, solving the challenge of coordinating with multiple service providers for cargo transportation.

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