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Inc42
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Image Credit: Inc42
Eternal To Cap Foreign Ownership At Under 50%
- Zomato and Blinkit parent company Eternal plans to cap foreign ownership at 49.5%.
- The proposal includes capping the ownership of FDI, FPIs, and NRIs.
- At the end of the March quarter, foreign shareholding in Eternal was 44.36%.
- The move is likely driven by the Indian government's preference for higher domestic ownership in quick commerce grocery delivery companies.
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Medium
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Image Credit: Medium
Weekly Recap from NewBits AI — Navigating the AI Frontier
- NewBits AI released three new episodes of their podcast series, AI Basics: The Fundamentals.
- These episodes focus on real-world applications of AI, discovery tools, and the practical limits of AI systems.
- The episodes are hosted by AI-generated avatars, providing insights from the frontier of artificial intelligence.
- NewBits AI can be followed on various social media platforms.
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Mensjournal
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'Bosch: Legacy' Season 4? Here's What To Know About 'Ballard'
- Bosch: Legacy Season 4 will not be happening, but a new spinoff show titled Ballard will continue the continuity of the series.
- Ballard will be the direct follow-up to Bosch: Legacy and will focus on the character Renée Ballard, portrayed by Maggie Q.
- The show will have a different setting, as Ballard lives in Malibu, and it will explore the contrast between the city's dark underbelly and its geographically beautiful surroundings.
- The release date for Ballard has not been confirmed yet, but it is expected to premiere sometime during the summer of 2025.
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Digitaltrends
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Image Credit: Digitaltrends
Nintendo Switch 2 preorders begin next week, but accessories will cost more
- Preorders for the Nintendo Switch 2 will start on April 24 with unchanged prices.
- However, accessories like the Pro Controller and Joy Cons will have increased prices.
- The majority of accessories have increased by around $5, with the dock seeing a $10 increase.
- There are rumors of limited stock availability, so preorders may sell out quickly.
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TronWeekly
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Image Credit: TronWeekly
Cryptocurrency Price Prediction: Coldware $7, Cardano $1.4, Dogecoin $0.3
- Coldware (COLD) is gaining attention for its rapid growth and projected price target of $7.
- Cardano (ADA) faces challenges in the cryptocurrency market but has the potential to reach $1.4.
- Dogecoin (DOGE) may dip to $0.09 due to market pressure and competition from other meme coins.
- Coldware (COLD) is predicted to outperform Cardano (ADA) and Dogecoin (DOGE) in 2025, with a price target of $7.
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Androidauthority
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Image Credit: Androidauthority
A new Android 16 setting makes your Pixel Fold work better with magnetic cases
- Android 16 Beta 4 introduces a new 'robust open/close detection' setting for Pixel Fold and Pixel 9 Pro Fold.
- This setting improves the ability to detect whether the device is folded or unfolded.
- It enhances the reliability of the hinge angle sensor, especially when using magnetic cases.
- The new setting prevents unwanted app transitions or movements caused by magnetic accessories.
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Pymnts
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Image Credit: Pymnts
Toku Raises $48 Million to Expand AR Automation Platform in Latin America
- Toku has raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform targeted at mid-market to enterprise businesses in Mexico, Brazil, and Chile.
- The funding will be used to enhance the go-to-market strategy and accelerate product development.
- Toku's platform aims to streamline payment collection processes in Latin America, reducing delinquency rates and friction for businesses and customers.
- The company provides automated collections, payment orchestration, and customizable payment portals to optimize the payment cycle.
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Salesforce
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Image Credit: Salesforce
Building Trust: Salesforce’s Commitment to Compliance
- Salesforce has expanded its Payment Card Industry (PCI) certifications to include Agentforce, Data Cloud, and Einstein Platform.
- Salesforce has achieved ISO 9001 compliance, demonstrating its commitment to secure transactions and quality management.
- Salesforce joined the PCI Security Standards Council as a Principal Participating Organization (PPO).
- Salesforce aims to build confidence and provide a more secure payment ecosystem through PCI compliance and involvement in industry collaborations.
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Hackaday
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Image Credit: Hackaday
Presence Detection Augments 1930s Home
- Presence detection setup using 24 GHz mmwave radar modules in a 1930s home.
- The sensors can detect human presence even if they are still, unlike infrared sensors.
- The setup utilizes the ESP32-S2 Mini to control the lights and save battery life.
- The project provides a guide to get started with millimeter wave radar technology.
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Pv-Magazine
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Longi achieves 34.85% efficiency for two-terminal tandem perovskite solar cell
- Chinese solar module manufacturer Longi has achieved a world record power conversion efficiency of 34.85% for a two-terminal tandem perovskite solar cell.
- This result was certified by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL).
- Longi's cell design includes a bilayer interface passivation strategy, maximizing electron transport and hole blocking.
- The research work received support from Suzhou University, Huaneng Clean Energy Research Institute, and the Hong Kong Polytechnic University (HKPU).
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Massivelyop
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World of Warcraft’s anniversary Classic servers hit Phase 4 on May 1
- The fourth phase of WoW Classic anniversary servers will be launched on May 1.
- The update includes the return of Zul'Gurub, the Stranglethorn Fishing Extravaganza, and the addition of tier 0.5 dungeon set pieces.
- Players have been instructed to return to Zul'Gurub multiple times, making this the fourth call to return.
- WoW Classic Anniversary servers offer the opportunity to relive classic WoW experiences.
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TronWeekly
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Image Credit: TronWeekly
Trump-Powell Standoff: Why Crypto Could Be the Real Winner
- Tensions rise between US President and Fed Chair Jerome Powell after the latter warned of an impending stagflation due to the tariff policies.
- Trump retaliates against Powell’s criticism, hinting at his removal after Fed rate cut warnings.
- Bitcoin rebounds above $85K as decoupling hopes rise amid traditional market concerns.
- There is a growing belief that crypto could eventually decouple if distrust in traditional monetary policy rises.
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BGR
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Image Credit: BGR
Gemini 2.5 Flash is Google’s cheapest thinking AI: What you need to know
- Gemini 2.5 Flash is a new AI product by Google designed for developers and enterprise customers.
- It aims to bring affordable AI reasoning to tasks that require more thinking.
- Users can specify a budget and turn reasoning on and off based on the task at hand.
- Gemini 2.5 Flash is available in preview via the Gemini API in Google AI Studio and Vertex AI.
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Zycrypto
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Image Credit: Zycrypto
Dogecoin Spot Outflows Soar to $120 Million in April; Are the Bears in Control?
- Spot outflows of Dogecoin (DOGE) have reached $120 million in April, indicating increased selling pressure.
- This trend reflects a decline in demand for DOGE and a weakening of confidence among holders.
- However, long-term investors are buying more than 800 million DOGE in the last 48 hours, indicating their resilience.
- The near-term outlook for DOGE remains positive, with potential for an uptrend if it breaks the $0.17 resistance level.
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Pymnts
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Image Credit: Pymnts
Earnings See Businesses Embrace Working Capital Flexibility as Growth Pauses
- Global trade disruptions due to reciprocal tariffs have led businesses to reevaluate working capital management strategies for increased flexibility and resilience.
- Companies are shifting towards cash-preserving approaches, moving away from just-in-time inventory strategies to navigate market turbulence effectively.
- Earnings reports highlight the importance of flexibility and liquidity in today's uncertain environment, offering a competitive edge for businesses.
- Amidst economic uncertainty, businesses are adopting a wait-and-see approach to investments, focusing on maintaining flexibility in working capital solutions.
- KeyBank and other financial institutions observe businesses maintaining cautious optimism but expressing concerns about the impact of tariffs on their operations and investments.
- Strategic use of working capital for growth is evident in companies like PNC and Wells Fargo, showcasing the importance of managing liquidity and credit underwriting tightly.
- American Express emphasizes the need for forward-looking strategies to support small businesses during economic downturns, while banks maintain a focus on innovation and operational resilience.
- The common theme from first-quarter earnings is to prioritize abundant liquidity, tight credit underwriting, and technology investments that drive efficiency and revenue growth.
- Working capital innovations, such as embedded options and efficient payment solutions, play a crucial role in enhancing businesses' operational efficiency and financial stability.
- In sectors like manufacturing and retail, where delays can lead to significant losses, the speed and reliability of payment systems are vital for ensuring resilience and success.
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