Iron Pillar to raise $400 million to empower Indian tech startups, claims report

Leading investment company Iron Pillar, which backs tech startups in India, is reportedly raising nearly $400 million to further help boost the country's startup ecosystem, the media reported on Monday. https://ift.tt/F2aOzBe

Amazon launches a "micromobility" hub in Hackney, London with a fleet of e-cargo bikes and on-foot delivery staff to replace thousands of van deliveries (Sarah Butler/The Guardian)

Sarah Butler / The Guardian:
Amazon launches a “micromobility” hub in Hackney, London with a fleet of e-cargo bikes and on-foot delivery staff to replace thousands of van deliveries  —  Online retailer opening ‘micromobility’ hub in Hackney as part of efforts to cut carbon emissions

Secular shift to digital has gone to next level in India, says Adobe

India outranks every other country in the world in terms of preference on dealing with brands and the secular shift to digital has gone to the next level in the country in the post-Covid world, a top Adobe executive said on Monday. https://ift.tt/aZfOUkq

Chainalysis: NFT sales totaled just over $1B in June 2022, a 12-month low since June 2021 when sales were $648M; sales reached a peak of $12.6B in January 2022 (Dan Milmo/The Guardian)

Dan Milmo / The Guardian:
Chainalysis: NFT sales totaled just over $1B in June 2022, a 12-month low since June 2021 when sales were $648M; sales reached a peak of $12.6B in January 2022  —  Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in January

A look at national security concerns around modern cars filled with cameras and sensors, as a Chinese town bans Teslas during a communist party conclave (Justin Ling/Wired)

Justin Ling / Wired:
A look at national security concerns around modern cars filled with cameras and sensors, as a Chinese town bans Teslas during a communist party conclave  —  Putting sensor-packed Chinese cars on Western roads could be a privacy issue.  Just ask Tesla. China's Electric Dream

10 popular ‘family-tracking’ Android apps that can be ‘dangerous’

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Survey: experts split on the likely evolution of an immersive metaverse by 2040, worry about the dominant platforms building it, and expect more useful AR/MR (Pew Research Center)

Pew Research Center:
Survey: experts split on the likely evolution of an immersive metaverse by 2040, worry about the dominant platforms building it, and expect more useful AR/MR  —  Hype?  Hope?  Hell?  Maybe all three.  Experts are split about the likely evolution of a truly immersive ‘metaverse.’ They expect …

As Apple ramped up investment in Mac chips, the progress of its other chips slowed down; sources: Apple Watch Series 8 may be able to tell if users have a fever (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
As Apple ramped up investment in Mac chips, the progress of its other chips slowed down; sources: Apple Watch Series 8 may be able to tell if users have a fever  —  When it comes to Apple's chip advancements, the company's iPhone and watch are taking a back seat to the Mac.

ML-powered surveillance systems will never eliminate the risk of school shootings in the US, no matter how expansive and intricate those systems become (Chris Gilliard/Wired)

Chris Gilliard / Wired:
ML-powered surveillance systems will never eliminate the risk of school shootings in the US, no matter how expansive and intricate those systems become  —  The failure is not only in the spurious systems, but in the belief that more data can improve them.  —  If we are to believe the purveyors …

RadioShack, which was bought by a PE firm in 2020, has become an online cryptocurrency company trying to attract users with a stream of often-profane tweets (Yiwen Lu/Washington Post)

Yiwen Lu / Washington Post:
RadioShack, which was bought by a PE firm in 2020, has become an online cryptocurrency company trying to attract users with a stream of often-profane tweets  —  Gen Z may not be familiar with the RadioShack of their grandparents, but they're getting to know its replacement.

Ola Electric suffers decline as EV registrations fall amidst fire fears

As customers delay purchasing electric two-wheelers amid fire incidents, Ola Electric again saw its registration dipping in the month of June, taking the company to fourth place in the overall category. https://ift.tt/uELHYDi

Software Freedom Conservancy to developers: Stay away from Microsoft GitHub

Software Freedom Conservancy, a US-based nonprofit organisation, has called on the developer community to shun Microsoft-owned open source repository GitHub that now aims to make money with its commercial, for-profit product called "Copilot". https://ift.tt/DGqsItc

Reddit acquires natural language processing company MeaningCloud

Popular online discussion forum Reddit has announced that it is acquiring MeaningCloud, a natural language processing (NLP) company specialising in extracting meaning from unstructured content. https://ift.tt/wXCFRZA

This Android malware can empty your mobile balance

Microsoft has alerted users of "toll fraud" malware on Android that can drain your mobile wallet by switching off Wi-Fi connection. https://ift.tt/u8NRy4r

Microsoft may soon bring a new version of Outlook app for these smartphone users

With an aim to make it lighter and faster, tech giant Microsoft is working to launch a new 'Outlook Lite' app, which might be available soon to Android users. https://ift.tt/Eg2Scw0