Tesla boss Elon Musk said the electric car maker will start producing and using humanoid robots next year. Musk said in a social media post that the robots will first be used at Tesla, which will start producing and selling them in 2026. The tech billionaire previously said he expects the robot, called Optimus, to…
Digital marketing has become an essential part of the success of any business in 2024, as it allows companies to promote their business online, talk about their products and services, and reach more customers. This is exactly why you need to adopt a competitive and optimized online marketing strategy for your brand. Digital Marketing: A…
Following a significant fund infusion from the JSW Group, MG Motor India is set to launch five new products over the next 12 months, according to CEO Emeritus Rajeev Chaba. With financial backing from its new joint venture partner, the British brand is rolling out its Vision 2.0, planning to introduce one new product every…
Systematic Investment Plans (SIPs) have rapidly emerged as an entry point for retail investors who want to participate in the stock market by putting aside small fixed deposits. As per industry data, monthly inflows into SIPs recently crossed Rs 13,000 crore, reaching an all-time high. However, unforeseen circumstances may require an investor to suspend contributions…
Singapore startup PEXX has successfully completed a $4.5 million seed funding round aimed at further developing its innovative stablecoin-to-fiat payments platform. The investment was led by venture capital firm TNB Aura, with support from early stage investor Antler and strategic investor EMO Capital, and aims to accelerate the transformation of cross-border transactions, the company announced.…
As the final swing of the 2024 Home Run Derby sent the ball soaring into nighttime Globe Life Field, Bobby Witt Jr.’s eyes narrowed and Teoscar Hernández held his breath. An otherwise ordinary Derby was suddenly headed toward a dramatic conclusion where a few feet mattered. As the ball finally bounced off Witt’s bat and…
The board of Hindustan Unilever (HUL) has sanctioned the sale of its water purification business, Pureit, to A.O. Smith’s India division for an enterprise value of Rs 601 crore, equivalent to $72 million, as revealed in a stock exchange announcement on Monday. HUL, a prominent player in the fast-moving consumer goods (FMCG) sector, stated that…
Statistics show that 21% of startups fail in the first year. Founders usually struggle with a lack of funding, intense competition, and lack of product-market fit. But there’s hope when it comes to startup accelerators. Y Combinator, Techstars, 500 Startups, Plug and Play, and other startup accelerators offer mentorship, resources, and funding opportunities that can…
A year ago, a landmark ruling in the Securities and Exchange Commission (SEC) lawsuit against Ripple Labs ruled that Ripple’s virtual currency, XRP, is not a security. The decision impacted the U.S. virtual currency market and regulatory landscape. The ruling was an important victory for Ripple, a blockchain-based digital payment network, and set an important…
According to news agencies, Telsa is pushing back the introduction of its robotaxi until October. According to Bloomberg, which cites people familiar with the decision, CEO Elon Musk originally announced the date in August. However, it has since been postponed as the design team was instructed to redesign some aspects of the vehicle. Reports state…