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Star Citizen confirms a one-day, digital-only ‘CitizenCon Direct’ for this October
- Star Citizen's annual CitizenCon event will be a one-day, digital-only 'CitizenCon Direct' this year.
- The event will be shorter but will contain exciting content and reveals.
- In-person Bar Citizen watch parties will be arranged, and the event will be broadcasted on Twitch and YouTube.
- The move to a single-day livestream is to focus on pushing Squadron 42 development and improving Star Citizen's stability and playability.
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Livebitcoinnews
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Can XRP Really Spark a Wave of Early Retirements?
- XRP's future growth could potentially lead to early retirements, according to media personality John Squire.
- Despite recent price drops, long-term XRP investors remain confident in its potential.
- Retirement plans with XRP depend on the initial investment size and XRP's future price rise.
- While there are diverse opinions, XRP's historical returns and high-profile support contribute to the anticipation of a brighter future for investors.
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Medium
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Should The Dollar Be Strong Or Weak? Why It Matters For Global Business
- The debate over whether the U.S. dollar should be strong or weak is complex, with pros and cons on both sides.
- A strong dollar benefits U.S. tourists and buyers of foreign goods, but harms U.S. exporters by making American products more expensive.
- Demand for the dollar in foreign exchange markets depends on various factors, including interest rates and bond yields.
- If the U.S. wants its manufacturers to dominate globally, a weaker dollar is favorable for exporting goods.
- The strength of the dollar is also influenced by global supply chains and trade relationships.
- Factors like interest rates and Central Bank policies impact the value of the dollar in relation to other currencies.
- Market dynamics determine the value of the dollar based on supply and demand factors at any given time.
- U.S. companies may need to reconsider their reliance on foreign goods and services amidst fluctuations in the dollar's strength.
- Businesses that import parts but also export products will have to adjust their financial strategies based on currency fluctuations.
- The complexity of global markets highlights the importance of adapting to changing currency dynamics for businesses.
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Medium
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The Entrepreneurial Edge: Mastering Skills for Tomorrow's Success
- The business world is evolving rapidly, with AI and automation redefining roles.
- To lead in this new era, modern entrepreneurs need to embrace a growth mindset, sharpen critical thinking, lead in the digital realm, commit to lifelong learning, build resilience, and cultivate a strong network.
- Pitfalls to avoid include ignoring emerging trends, over-relying on automation, and resisting change.
- Entrepreneurs who proactively develop these skills position themselves miles ahead of the competition.
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Bloomberg Quint
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Startup India Desk To Be Set Up In DPIIT To Serve As Helpline: Piyush Goyal
- Commerce and Industry Minister Piyush Goyal announced the setting up of a dedicated Startup India desk within the ministry to serve as a helpline for entrepreneurs accessible through a toll-free number.
- The second Fund of Funds for Startups with a corpus of Rs 10,000 crore has been approved, with Rs 2,000 crore to be disbursed to SIDBI as the first installment.
- The fund will focus on seed funding for small startups and deep-tech innovation startups in domains such as AI, robotics, quantum computing, and biotech.
- Piyush Goyal urged SIDBI to establish support centers in every state to provide infrastructure and facilities for early-stage entrepreneurs.
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Bloomberg Quint
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Zomato COO Rinshul Chandra Steps Down
- Rinshul Chandra has resigned as the COO of Zomato.
- Chandra's last working day with Zomato will be April 7.
- Zomato is changing its name to 'Eternal' on April 9, marking its expanding business portfolio.
- Zomato's stock has seen a 10.51% rise in the last 12 months and fallen 24.8% year-to-date.
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Bloomberg Quint
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Trump Proposes Tariff Relief For China In Exchange For TikTok's US Stake Sale
- US President Donald Trump suggested offering tariff relief to China in exchange for the sale of TikTok's US stakes to an American buyer.
- Trump linked the potential relief on high levies with Beijing's cooperation regarding TikTok, extending the ban deadline by 75 days.
- Trump emphasized the importance of tariffs for national security and economic tools, aiming to keep TikTok operational and finalize a deal.
- China expressed readiness to engage in discussions with the US government regarding a potential solution for TikTok US, subject to Chinese approval.
- Amid growing concerns over US tariffs, China condemned the US for imposing tariffs that violate WTO rules and disrupt the global economic order.
- Trump's proposal arises as US farmers express unrest over the impact of tariffs on agricultural exports to China, leading to concerns in various sectors.
- China also announced export control measures on rare earth-related items, affecting US defense industries, showcasing the escalating trade tensions.
- The countermeasures from China against US tariffs are seen as an unprecedented response to protect its interests and stabilize the global trading system.
- Experts highlight China's resistance to trade protectionism and assert that countermeasures aim to make the US 'feel the real pain' of unilateral tariffs.
- The situation reflects the intensifying trade disputes between the US and China, impacting various sectors and global trade dynamics.
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Bloomberg Quint
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India's Exports Cross $800 Billion In 2024-25, Say Sources
- The country's goods and services exports are estimated to have crossed $800 billion in 2024-25.
- The 2024-25 figures for exports and imports will be released by the commerce ministry on April 15.
- In 2025-26, the country's merchandise exports will record a positive growth.
- India's merchandise exports stood at $395.63 billion during April-February 2024-25.
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Bloomberg Quint
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Trump Promised A Manufacturing Boom, Industries Are Not So Sure
- President Donald Trump promised a manufacturing revival through historic tariff blitz, but industries express doubts on its success and impact.
- Trump's optimistic vision of a ‘golden age’ for American manufacturing faces skepticism from advocates and economists due to supply chain issues, high costs, and workforce challenges.
- Concerns persist over the feasibility of moving entire production processes back to the US, given global interdependencies in the manufacturing sector.
- Economists remain doubtful that tariffs alone will drive significant reshoring, citing labor cost discrepancies and uncertainty about the longevity of protectionist policies.
- The White House justifies the tariff strategy, asserting that advancements in manufacturing technologies make US production more economically viable.
- Trump’s tariff gamble aims to restructure the US economy, but the short-term repercussions and voter perceptions could influence Republican party prospects in future elections.
- Challenges include uncertainties surrounding tariff impacts on businesses, potential disruptions in supply chains, and concerns over workforce availability for expanded manufacturing in the US.
- Despite some companies seeking to boost US investments before the tariff announcement, concerns persist regarding the impact of Trump's tariffs on manufacturing processes.
- Industry voices express worries about fulfilling the workforce needs for increased manufacturing facilities, especially amidst immigration policies that could limit labor force growth.
- Future economic growth strategies, like an upcoming tax bill, are being considered by Trump, with debates surrounding the balance between individual tax cuts and corporate reductions.
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Bloomberg Quint
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Jubilant FoodWorks Q4 Business Update: Revenue Rises 44%, 56 New Stores
- Jubilant FoodWorks Ltd.'s consolidated revenue from operations grew to Rs 8,145.5 crore for the financial year 2025, a 44% rise year-on-year.
- Jubilant FoodWorks Group added up to 56 new stores during the January-March quarter of fiscal 2025, taking the total to 3,316 stores.
- Domino's India reported a like-for-like growth of 12.1% in the fourth quarter of fiscal 2025.
- Shares of Jubilant FoodWorks closed down 1.69% to Rs 681 apiece on the NSE on Friday.
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Bloomberg Quint
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Indian Exporters Navigate US Tariffs With Competitive Edge, Eye EU Markets For Growth, Says Sources
- Indian exporters are better positioned to deal with the additional US tariffs as compared to their competitors.
- Sectors like shrimp could explore new markets such as the European Union to push their shipments.
- India has the first mover advantage in the US due to ongoing bilateral trade agreement negotiations.
- While the US has imposed an additional 26% import duty on India, its competitors face higher import duties.
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Bloomberg Quint
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IPL 2025: Delhi Crushes Chennai By 25 Runs To Break 15-Year Jinx At Chepauk
- Delhi Capitals defeated Chennai Super Kings by 25 runs in IPL 2025 at Chepauk, breaking a 15-year jinx at the venue.
- Batting first, DC scored 183/6 with KL Rahul's brilliant 77 runs off 51 balls, supported by Tristan Stubbs and Matheesha Pathirana's contributions.
- Chennai Super Kings managed 158/5 in reply, with Vijay Shankar top-scoring with 69 runs and MS Dhoni remaining not out on 30.
- CSK struggled early on, losing wickets in the powerplay, and could not chase down the target set by DC.
- Mitchell Starc and Mukesh Kumar bowled well for DC, putting pressure on CSK's batting lineup.
- KL Rahul's impressive batting, supported by solid bowling, led Delhi Capitals to their third consecutive victory in IPL 2025.
- Chennai's home crowd was left disappointed as DC secured their first win at Chepauk in 15 years.
- The match saw ups and downs, with key performances from both teams, making it an exciting contest for fans.
- Overall, DC's strong batting display and disciplined bowling proved crucial in their win over CSK.
- The victory showcased DC's form and determination in IPL 2025, setting the tone for their campaign in the tournament.
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Bloomberg Quint
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Collectors Feel Relief As Classic Cars Evade Trump’s Auto Tariffs
- President Trump's auto tariff plan has negatively impacted global markets, but vintage cars have received an exemption from the new tariffs, bringing relief to collectors and industry professionals.
- The exemption applies to passenger vehicles and light trucks manufactured at least 25 years prior to the current year, allowing for the continued import of classic cars at existing rates.
- Industry experts like Martin Button and Dmitriy Shibarshin view the exemption as a positive development for the classic car market globally.
- Concerns were raised about potential devastation to the classic car industry in the US, which includes over 43 million cars valued at over $1 trillion, if no exemption was granted.
- Legal efforts were made to secure the exemption for certain used automobiles, race cars, and parts, highlighting the significant tax revenue implications for the US government and states.
- Industry professionals, such as Jay Bullock and Steve Serio, were relieved by the exemption, as it prevented significant financial burdens on their businesses and purchases.
- While the exemption benefits classic cars, later-model used vehicles will still be subjected to the new tariffs, impacting cars like 2010 Nissan GT-Rs and 2020 Mercedes-AMG C63s.
- The exemption has led to increased value for similar vehicles already in the US, as the new tariffs make importing cars from Europe more expensive, boosting domestic car values.
- Despite the challenges posed by the evolving tariff policies, the new fees have inadvertently led to a potential increase in the value of existing vehicles in the market.
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Bloomberg Quint
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Image Credit: Bloomberg Quint
India To Not Join Any Unified Response To US Tariffs
- India will not be part of any coordinated global response or retaliation against the latest round of tariffs imposed by the United States.
- The government will adopt a measured, independent approach by choosing dialogue and strategic trade realignment over immediate retaliation.
- India is exploring Free Trade Agreements with countries like Bahrain and Qatar to expand its trade footprint and offset potential disruptions.
- Officials expect India's exports to surpass the previous year's levels across merchandise and services, and believe India is well-positioned compared to economies directly affected by US tariffs.
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Hackernoon
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Image Credit: Hackernoon
Hackathons Are Broken. Here’s How We Fix Them.
- Hackathons have been instrumental in launching successful tech projects like Uniswap and Polygon, but most projects fail to progress beyond the weekend due to flaws in the hackathon system.
- The current hackathon landscape lacks a global standard for quality, leading to an overflow of events and wasted efforts by developers building for non-impactful competitions.
- Projects often die post-hackathon due to a lack of structured follow-up, funding, and ongoing support, hindering long-term execution and success.
- VCs overlook hackathon projects, missing out on potential investment opportunities, as hackathons primarily reward creative demos over sustainable business ideas.
- Proposed solutions include a global hackathon repository for tracking projects, post-hackathon acceleration programs, and increased involvement from Web3 companies to foster innovation pipelines.
- Implementing changes such as maintaining project updates, connecting winners with investors, and providing mentorship can help hackathons evolve into true innovation hubs.
- Kalp Studio's BUILD Bharat Tour exemplifies a proactive approach to nurturing hackathon projects by ensuring their continued evolution beyond the event and fostering real-world adoption.
- To transform hackathons into effective launchpads, the industry needs to emphasize a repository for project tracking, establish investment pipelines, offer post-hackathon support, and garner more support from blockchain companies.
- The article stresses the need to revamp hackathons to unlock their potential as catalysts for industry-changing innovations, highlighting the urgency to address the existing shortcomings in the hackathon ecosystem.
- Ultimately, the call is made for a collective effort to enhance hackathons and ensure they serve as enduring platforms for driving impactful innovation in the tech industry.
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