Wednesday, October 13, 2021

Smart cards with QR codes for DL, RC in Delhi soon

The Delhi Transport Department will soon issue QR code-based smart cards for driving licenses and registration certificates, a statement from the Delhi government said on Tuesday. The move, it said, was aimed at making Delhi a "hub of innovation in governance". https://ift.tt/3mSzGs0

Flying taxis to take to the sky in mid-2020s, says UK's Vertical Aerospace

Fed up with traffic jams? Imagine a world where your taxi takes to the skies and lands on top of your office building, recharges and sets off afresh. https://ift.tt/3vfDMOU

Jack Ma, Away From Public View Since Last Year, Said to Be Spotted Again

Jack Ma is said to currently be in Hong Kong where he has met business associates in recent days. The billionaire founder of Alibaba has been keeping a low profile since delivering a speech in October... https://ift.tt/3AwzO5q

Venezuela's Main Airport Is Lining Up a Cryptocurrency Payment Service

Venezuela has announced that it is opening up its largest airport to allow travellers to purchase airline tickets using cryptocurrency. https://ift.tt/2YIBGeD

London-based Global Processing Services, which offers APIs for payments and other financial services, raises $300M from Advent International and Viking Global (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
London-based Global Processing Services, which offers APIs for payments and other financial services, raises $300M from Advent International and Viking Global  —  Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built …



Sources: TSMC and Sony are planning a semiconductor factory in Japan, opening in 2024 and costing ~$7B, half of which will come from the Japanese government (Nikkei Asia)

Nikkei Asia:
Sources: TSMC and Sony are planning a semiconductor factory in Japan, opening in 2024 and costing ~$7B, half of which will come from the Japanese government  —  Toyota group parts maker Denso considers signing up  —  TOKYO — Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker …



Research: China's bitcoin hashrate share fell from 44% to 0% between May and July, as the US rose from 17% in April to 35% in August and Kazakhstan rose to 18% (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Research: China's bitcoin hashrate share fell from 44% to 0% between May and July, as the US rose from 17% in April to 35% in August and Kazakhstan rose to 18%  —  Crackdown on digital currencies knocks country's share of crypto production to zero  —  The US overtook China as the world's biggest source …



Realme partners Khy Electronics for local production of smartwatches, TWS in India

Smartphone major Realme on Tuesday said it has partnered with Khy electronics to manufacture a diverse range of AIOT products and accessories in India. The products that will be made locally include Realme Watch 2 Pro, Realme Buds Wireless, and Realme 4K Smart TV Google Stick. https://ift.tt/3oWAL4G

Volvo Trucks says launches world's first fossil-free steel vehicle

Truck maker AB Volvo said on Wednesday it had produced a prototype of what it said would be the world's first vehicles made of fossil-free steel. https://ift.tt/3mSqsvS

Deals of the day in Amazon sale: Samsung smartphone, Lenovo laptop, OnePlus smart TV and more

https://ift.tt/3v5kWK0

Amazon Great Indian Festival: Best Deals, Discounts on Vacuum Cleaners

Here are some of the best vacuum cleaners that you can find on Amazon at unbeatable prices during Amazon Great Indian Festival Sale. https://ift.tt/3DDL95s

'Space Run': Watch Astronaut Run on Treadmill in Zero Gravity

European Space Agency (ESA) has shared a video clip on Instagram of an astronaut aboard ISS running on a treadmill in zero gravity. He used bungee ropes for keeping himself from flying away from the... https://ift.tt/3iSyrYP

Analysis: payments processing and automation company AvidXchange raised $660M in its IPO, selling shares for $25, giving an implied $4.9B valuation (Bloomberg)

Bloomberg:
Analysis: payments processing and automation company AvidXchange raised $660M in its IPO, selling shares for $25, giving an implied $4.9B valuation  —  Financial technology company AvidXchange Holdings Inc. raised $660 million in an initial public offering, pricing its shares at the top of a marketed range …



Carl Pei's Nothing, which launched Ear (1) earlier this year, raises a $50M "Series A Extension", bringing total funding to $74M (Brian Heater/TechCrunch)

Brian Heater / TechCrunch:
Carl Pei's Nothing, which launched Ear (1) earlier this year, raises a $50M “Series A Extension”, bringing total funding to $74M  —  In the wake of the July 31 launch of its first product, the Ear (1), Nothing today announced a “Series A Extension” of $50 million, bringing its total funding to $74 million to date.



Tech innovations with 5G set to redefine future of telecom: Report

Technological innovations with 5G will redefine future of telecom in India and open a slew of opportunities across industries such as healthcare, education, fintech, e-commerce and entertainment, according to a CII−Deloitte report. Private networks are expected to see a huge demand from enterprises in near future, led by the requirement of security and high-speed connectivity within operating environment, it said. https://ift.tt/3awZTqe

Profiles of Teresa Ribera, Henna Virkkunen, and Ekaterina Zaharieva, the three incoming EU commissioners in charge of key tech policy areas into 2029 (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch : Profiles of Teresa Ribera, Henna Virkkunen, and Ekaterina Zaharieva, the three incoming EU commissioners in ...