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The Verge
4d
146
Image Credit: The Verge
Figma tells AI startup to stop using the term ‘Dev Mode’
- Figma has sent a cease-and-desist warning to Loveable, a Swedish AI coding startup, for using the term 'Dev Mode' in its product features.
- Figma successfully trademarked the term 'Dev Mode' in November 2023 according to the US Patent and Trademark office.
- Figma asked Loveable to stop using 'Dev Mode' and protect their intellectual property since it has been extensively used in connection with Figma's software.
- Lovable's Dev Mode feature is different as it allows users to preview and edit their project code, unlike Figma's Dev Mode tool designed to convert design files into code.
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HinduBusinessLine
4d
275
Image Credit: HinduBusinessLine
Gensol shares in lower circuit; co says to work to maintain operational stability
- Gensol shares closed at ₹123.65 on the BSE, falling from over ₹770-levels seen in January.
- SEBI issued a detailed order describing how Gensol founders diverted loans for personal use.
- Gensol had defaulted on loans from Indian Renewable Energy Development Agency and Power Finance Corporation.
- The company remains focused on maintaining operational stability and performance.
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HinduBusinessLine
4d
283
Image Credit: HinduBusinessLine
Spices trade needs a push
- India, despite being the world's largest spice producer, has a small share in the global seasoning export market, mainly due to the lack of value chain integration.
- China and the US, though not major spice producers, capture a significant portion of the market by importing spices from India, processing them, and exporting high-value products.
- To reclaim its spice glory, India needs to focus on enhancing processing capabilities, ensuring quality consistency, strategic branding, and certification.
- India should shift focus to high-value spice derivatives, such as essential oils and extracts, customize pre-mixed seasonings to international tastes, invest in functional food ingredients, and establish itself in the health and wellness sector.
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HinduBusinessLine
4d
85
Image Credit: HinduBusinessLine
Kairosoft disputes SEBI, BSE’s legislation for imposing GSM Stage 4 in Delhi HC
- Senior Advocate Kapil Sibal argues that restricting trading in Kairosoft's stock based on YouTube videos with low viewership is unfair.
- Kairosoft's promoters only hold a 5% stake, and the videos were taken down following a cyber complaint.
- The constitutionality of exchange circulars and territorial jurisdiction of the Delhi High Court are raised in the case.
- SEBI plans to explain the GSM mechanism in the next hearing, and the outcome could impact regulatory surveillance measures on stocks.
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Guardian
4d
156
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US trade restriction on Nvidia sends markets tumbling again
- US stocks fell after Donald Trump imposed new trade restrictions on Nvidia, causing a sell-off across the semiconductor industry.
- Nvidia's shares dropped about 6% as the company expects a $5.5bn hit due to the new license requirements.
- The trade restriction will also affect rival chip business Advanced Micro Devices (AMD), with their shares down 6.2%.
- The World Trade Organization warned that Trump's tariffs will reverse international trade and depress global economic growth.
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Bloomberg Quint
4d
235
Image Credit: Bloomberg Quint
SJVN Pays Rs 121-Crore Interim Dividend To Himachal Pradesh Government
- SJVN Ltd. has paid an interim dividend of Rs 121.33 crore to the Himachal Pradesh government for the financial year 2024-25.
- For FY25, an interim dividend of Rs 451.93 crore has been declared by SJVN. Rs 248.55 crore has been paid to the Government of India and Rs 82.05 crore has been paid to public shareholders as interim dividend.
- SJVN is engaged in the implementation of 95 power projects across India and Nepal, spanning hydro, solar, wind, pumped storage, and thermal power generation.
- The company's installed capacity is 2,708.27 MW and it has ambitious growth targets of reaching 25,000 MW by 2030 and 50,000 MW by 2040.
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Baystreet
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121
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Image Credit: Baystreet
Oil Prices Jump on Possible U.S.-China Talks
- Oil prices rose about 1% on Wednesday as the market took a bullish view on China's stance on potential trade talks.
- Brent crude futures rose 53 cents, or 0.82%, while U.S. West Texas Intermediate crude rose 52 cents, or 0.85%.
- A Bloomberg report stated that China wants more respect from the Trump administration before agreeing to talks and also wants the U.S. to appoint a new primary contact in future discussions.
- Global oil demand is expected to grow at its slowest for five years in 2025, with concerns over Trump's tariffs and rising output from the OPEC+ group impacting prices.
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HinduBusinessLine
4d
105
Image Credit: HinduBusinessLine
Indian Railways pioneers onboard ATMs in a first for passenger convenience
- Indian Railways introduces onboard ATM facility for passenger convenience.
- The ATM is a joint effort with the Bank of Maharashtra under the Innovative and Non-Fare Revenue Ideas Scheme (INFRIS).
- The trial currently runs on the Panchavati Express and aims to address the need for cash during the journey.
- Indian Railways plans to expand the ATM facility to other major trains if it proves successful.
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HinduBusinessLine
4d
68
Image Credit: HinduBusinessLine
Foster an ecosystem for deep tech start-ups
- Deep tech start-ups are ventures that commercialize products or services based on foundational R&D-based scientific or technological breakthroughs.
- Key characteristics of deep tech start-ups include technology risk, longer gestation period, and higher capital investment cost.
- The commercialization of deep tech products requires patience, interdisciplinarity, and governance mechanisms.
- To foster an ecosystem for deep tech start-ups, there is a need for patient capital, seamless academia-industry engagement, incentive structures, and targeted mentoring.
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Bitcoinsensus
4d
381
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OKX Is Back in US: New CEO Roshan Robert and Updated Strategy
- OKX is back in US market.
- OKX pays $505 million in settlement of US Department of Justice claims.
- New CEO Roshan Robert appointed for US operations.
- OKX updates strategy for the US market.
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Baystreet
4d
283
Image Credit: Baystreet
Renovo Gains on Bringing Forward RenovoCath
- RenovoRx, Inc. is increasing production of its FDA-cleared RenovoCath catheter-based device to meet the growing demand for targeted drug delivery in oncology.
- The initial total addressable market for RenovoCath is estimated to be approximately $400 million in peak annual U.S. sales.
- RenovoRx's first-quarter 2025 revenue from RenovoCath is expected to reach the low six-figure range, with continued quarterly growth throughout the year.
- Members of RenovoRx's management team and Board of Directors have shown confidence in the company's business plan by purchasing an aggregate of 143,145 shares of RenovoRx stock.
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Cryptopotato
4d
235
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Elacity is Live: Web3’s Missing Monetization Layer Has Arrived
- Elacity is a Web3 platform that allows creators to tokenize content, earn direct revenue, and build a community-owned economy.
- The platform offers features such as full ownership of content, smart channels with subscriptions and buy-now access, utility token access and gated communities, programmable royalties and secondary market control, and a user-friendly interface.
- Elacity aims to empower creators and fans by flipping the traditional model, where creators own their platform, fans own the content, and the community owns the economy.
- The platform is built on the Elastos SmartWeb infrastructure, powered by the native currency ELA, and secured by Bitcoin, providing content protection, decentralized identities, encrypted storage, and trustless smart contracts.
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Forbes
4d
109
Image Credit: Forbes
Safest Places To Put Your Money During Economic Uncertainty
- The economy is facing uncertainty with rising prices, stagnant interest rates, and new tariffs causing market volatility.
- Consumer sentiment has dropped significantly, leading people to seek secure investment options.
- High-yield savings accounts (HYSAs) and certificates of deposit (CDs) are recommended as safe choices during turbulent times.
- HYSAs offer over 4% interest and are federally insured up to $250,000 per account.
- CDs provide fixed interest rates over a specific period, offering higher returns compared to traditional savings accounts.
- Tax-advantaged accounts like Roth or traditional IRAs can enhance the effectiveness of CDs for long-term savings.
- For those nearing retirement, maintaining cash reserves in low-risk accounts is advised to cover living expenses and avoid market downturns.
- Diversifying investments beyond U.S. stocks, considering foreign equities and bonds, can help mitigate risk during uncertain market conditions.
- Young investors are encouraged to stay consistent with investment strategies, such as dollar-cost averaging and long-term asset building.
- Overall, staying calm during market fluctuations, focusing on steady investment practices, and seeking professional guidance are key principles for secure financial planning.
- Amid market volatility, choosing stable and time-tested investment options can provide a sense of security and growth potential for the future.
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Baystreet
4d
279
Image Credit: Baystreet
Universal with New Park on Horizon
- Universal is set to open its newest theme park, Epic Universe, in Florida, after 25 years.
- Epic Universe is the largest of all Universal properties and features five themed worlds.
- The new park is expected to boost revenues for Universal and Disney, and bring significant economic benefits to the local economy.
- The opening of Epic Universe marks a major milestone in the US theme park industry.
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Bitcoinmagazine
4d
36
Hashbranch and Merkle Standard Deploy Massive 1.3 Exahash Bitcoin Mining Operation
- Merkle Standard and Hashbranch have successfully deployed a massive 1.3 Exahash Bitcoin mining operation.
- The deployment includes 13,000 Bitcoin mining units across 30MW of capacity.
- The partnership demonstrates a commitment to innovative solutions for institutional mining operations.
- The agreement allows for potential expansion to 23,000 units, indicating confidence in the hosting model.
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