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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning |Kairavi Lukka
Despite the continuing slowdown in most consumption categories, online commerce — particularly in the food and fashion segments — is estimated to fare better than offline during the June quarter, says a report by ICICI Securities. The brokerage firm analysed signals from its April-June estimates for food and grocery delivery platform Zomato as well as omnichannel beauty and fashion retailer Nykaa to arrive at this conclusion.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
Business News›Tech›Tech & Internet›Ola to roll out premium service Prime Plus to more users SECTIONSOla to roll out premium service Prime Plus to more usersETtechLast Updated: Jul 10, 2023, 02:58 PM ISTSynopsisIn May, Ola launched the pilot programme of Prime Plus to select users in Bengaluru. The new premium service offers top cars and drivers and claims to be free of cancellations.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
Some two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey published on Monday. Central banks around the globe have been studying and working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector amid an accelerating decline of cash.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
Business News›Tech›Trendspotting›Twitter vs Threads: Musk gets personal, punches below the belt in battle with Zuckerberg SECTIONSTwitter vs Threads: Musk gets personal, punches below the belt in battle with ZuckerbergETtechLast Updated: Jul 10, 2023, 02:08 PM ISTSynopsisMusk also warned about the “negative stuff” on Twitter.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
The group representing China's auto manufacturers has retracted a pledge to avoid "abnormal pricing" that it had brokered between 16 automakers, including Tesla, breaking off a truce in a brutal price war over electric vehicles. The China Association of Auto Manufacturers (CAAM) said in a statement on Saturday it recognised the agreement had violated China's antitrust law and would retract it. WHAT'S THE BACKGROUND HERE?
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
British online supermarket and technology group Ocado said on Monday its first robotic warehouse in Asia, built for Japanese partner Aeon, has gone live. The warehouse, or customer fulfillment centre (CFC) as Ocado calls them, has begun taking orders from customers across the Kanto region for Aeon's "Green Beans" brand.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
When Costa Rican lawmakers wanted to draw attention to the need to regulate artificial intelligence, they asked ChatGPT to write a new law to do it for them. The members of Congress told the chatbot to "think like a lawyer" and draft a bill according to the Constitution. They then sent the resulting text verbatim to the legislature.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
A new social media trend has recently emerged in response to the materialistic nature of influencer culture: deinfluencing. This trend involves influencers discouraging their followers from buying overpriced or ineffective products. Influencing is a highly profitable form of marketing, reaching a market value of $16.4 billion in 2022. But by its nature, influencing can also be disingenuous.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning |Tenzin Pema
Business News›Tech›Startups›ET Soonicorns Summit 2023: ET’s premier startup-tech event returns for its second edition SECTIONSET Soonicorns Summit 2023: ET’s premier startup-tech event returns for its second editionBy , ET SpecialLast Updated: Jul 10, 2023, 11:08 AM ISTSynopsisET is set to host its startup-tech initiative, ET Soonicorns Summit 2023, on 26 August 2023 as a hybrid event, starting with an on-ground event in Bengaluru, with the theme ‘Resilience. Reset.
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Jul 10, 2023 | 
economictimes.indiatimes.com | Byju's Earning
Meta's Twitter rival, Threads, is set to cross 100 million user sign-ups as Twitter is experiencing a decline in traffic. Meta launched Threads last week for iOS and Android users in 100 countries, and it is currently the top free app on the App Store. There are currently over 97 million accounts on the Threads app, based on the number badges that appear on Instagram profiles and indicate when someone joined the new app, reports Search Engine Journal.
