Morning Tidings

Tag: additional

  • Elon Musk’s Brain Implant Startup Neuralink Raises Additional USD 43 Million in Venture Capital

    Elon Musk’s Brain Implant Startup Neuralink Raises Additional USD 43 Million in Venture Capital

    San Francisco, November 26: Elon Musk-owned brain-computer interface company Neuralink has raised an additional $43 million in venture capital, according to a filing with the US Securities and Exchange Commission (SEC). The filing showed that the company raised its previous tranche, led by Peter Thiel’s Founders Fund, from $280 million to $323 million in early August, reports TechCrunch. Thirty-two investors participated in the round, as per the filing. Elon Musk-Run X May Lose up to USD 75 Million of Ad Revenue As More Brands Pull Out, Says Report

    Neuralink has not recently disclosed its valuation. However, reports said in June that the company was valued at around $5 billion following privately executed stock trades. Neuralink, which was founded in 2016, has developed a sewing machine-like device capable of implanting ultra-thin threads inside the brain. The threads connect to a custom-designed chip with electrodes that can read data from groups of neurons. SpaceX and Tesla CEO Elon Musk Meets His Father Errol Musk After Seven Years As Family Cried

    In September, Neuralink said that it is recruiting its first test subjects for human trials to help those with paralysis control devices. The company said it has received approval from the reviewing independent institutional review board and the first hospital site to begin recruitment for our first-in-human clinical trial. “The PRIME Study (short for Precise Robotically Implanted Brain-Computer Interface) aims to evaluate the safety of our implant (N1) and surgical robot (R1) and assess the initial functionality of our wireless brain-computer interface for enabling people with paralysis to control external devices with their thoughts,” the company said in a statement.

    (The above story first appeared on Morning Tidings on Nov 26, 2023 10:18 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Apple Announces To Extend Free Access To ‘Emergency SOS via Satellite’ Feature for Additional Year for iPhone 14 Users

    Apple Announces To Extend Free Access To ‘Emergency SOS via Satellite’ Feature for Additional Year for iPhone 14 Users

    San Francisco, November 15: Apple on Wednesday announced it is extending free access to Emergency SOS via satellite feature for an additional year for existing iPhone 14 users. The company launched that groundbreaking safety service one year ago on all iPhone 14 models in the US and Canada. It is now also available on the iPhone 15 lineup in 16 countries and regions.

    This technology enables users to text with emergency services while outside of cellular and Wi-Fi coverage and has already made a significant impact, contributing to many lives being saved. “Emergency SOS via satellite has helped save lives around the world,” Kaiann Drance, Apple’s vice president of Worldwide iPhone Product Marketing, said in a statement. Instagram New Feature Update: Meta-Owned Platform Now Allows Users To Use New ‘Close Friends’ Feature for Posts and Reels.

    “From a man who was rescued after his car plummeted over a 400-foot cliff in Los Angeles, to lost hikers found in the Apennine Mountains in Italy, we continue to hear stories of our customers being able to connect with emergency responders when they otherwise wouldn’t have been able to,” she added. Sam Altman, CEO of OpenAI Says ‘We Are Pausing New ChatGPT Plus Sign-Ups for a Bit’, Advises Users To Sign Up To Get Notified When Subscriptions Re-Open.

    Building on this satellite infrastructure, Apple recently introduced Roadside Assistance via satellite to connect users to AAA if they have car trouble while outside of cellular and Wi-Fi coverage. Roadside Assistance via satellite is available in the US and is included for free for two years, starting at the time of activation of a new iPhone 15, iPhone 15 Plus, iPhone 15 Pro, iPhone 15 Pro Max, iPhone 14, iPhone 14 Plus, iPhone 14 Pro, or iPhone 14 Pro Max. This satellite service requires iOS 17.

    (The above story first appeared on Morning Tidings on Nov 15, 2023 05:58 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Razorpay Abides by RBI Advisory to Pause Onboarding Online Merchants; Company to Give Additional Details

    Razorpay Abides by RBI Advisory to Pause Onboarding Online Merchants; Company to Give Additional Details

    New Delhi, December 16: The Reserve Bank of India has asked fintech services firm Razorpay to temporarily pause onboarding new online merchants and share additional details required to obtain a “final payment aggregator/payment gateway license”.

    Razorpay said in a statement on Friday that it has abided by the RBI’s regulatory requirement. “As part of the process for the final authorisation of our PA/PG license for which we received the in-principle approval from RBI in July, we are now required to share additional details with RBI to aid in the final license process,” a Razorpay spokesperson said in a statement to ANI. Razorpay Allows Merchants To Accept Credit Card Transactions via UPI.

    “As part of this process, RBI has suggested us to temporarily withhold onboarding new online merchants till such details are submitted. As a responsible corporate that operates under the ambit of RBI, Razorpay has abided by the regulatory requirement,” the statement said . The spokesperson said that RBI’s directions will not impact Razorpay’s existing business operation. Razorpay Fraud: Hackers, Fraudulent Customers Steal Rs 7.38 Crore from Payment Gateway Firm.

    “We would like to emphasize that this has no impact on Razorpay’s existing business operations and current merchants. Also, we continue to onboard new businesses on other Razorpay services – RazorpayX, Corporate Card, and Offline payments via Ezetap,” the statement said.

    Razorpay’s operations are “fully compliant with all regulatory guidelines” and the company continues to be in touch with RBI for the next steps, it added.

    Razorpay was founded by IIT Roorkee alumni and aims to revolutionize money management for online businesses.

    It offers services to merchants, schools, ecommerce and other companies to accept and disburse payments online, own a fully-functional current account and avail working capital loans.

    (This is an unedited and auto-generated story from Syndicated News feed, Morning Tidings Staff may not have modified or edited the content body)

  • Twitter Reportedly Adds Paytm As Additional Payment Option for Tips Feature in India

    New Delhi: Micro-blogging site Twitter on Wednesday announced that it has partnered with Paytm Payments Services Limited, a wholly-owned subsidiary of digital payments and financial services platform Paytm, as a payments partner for Tips in India. Through Tips, users can support their favourite creators or small business owners on Twitter by using any Paytm Payment Instrument like Paytm UPI, Paytm Wallet, Paytm Postpaid (buy now-pay later), debit and credit cards and netbanking. Twitter Testing Playback Speed Options for Videos & Voice Tweets.

    “We strive to offer seamless and secure digital payments to businesses and consumers. In India, millions of people already use Paytm for their everyday payments and we are excited to partner with Twitter to enable payments for Tips,” Praveen Sharma, CEO – Paytm Payments Services Limited, said in a statement.

    “This will support the creator community with monetisation capabilities through payment solutions offered by Paytm Payment Gateway and the flexibility of paying through Paytm UPI, Paytm Wallet, Paytm Postpaid (buy now-pay later), debit and credit cards, and netbanking,” Sharma added.

    Back in May 2021, Twitter started experimenting with this feature with a small test group of some influential and diverse voices on the service, including journalists, creators, and more. Since November of last year, Tips is available to all individuals above 18 years of age on iOS and Android in India.

    The company said it is a new way to monetise on Twitter and enables people on the service to send and receive funds as a token of appreciation. Turning on Tips adds an icon to your Twitter Profile, which will now also have the ability to add a link to your Paytm account, for quick and easy person-to-person tipping.

    Tap the icon, and users will see Paytm in the list of payment options. On selecting Paytm, users will be taken off Twitter to the Paytm app to send funds instantly through any convenient payment method. Twitter said it takes no cut. Tips on Twitter are available in multiple Indian languages including Bengali, Gujarati, Hindi, Kannada, Marathi, Tamil.

    (The above story first appeared on Morning Tidings on Feb 16, 2022 02:43 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Apple Brings Spatial, Lossless Audio to India on Apple Music at No Additional Cost

    Apple Brings Spatial, Lossless Audio to India on Apple Music at No Additional Cost

    New Delhi, July 20: In a delight for millions of music aficionados in India, Apple on Tuesday launched the next generation of sound with Spatial Audio and Lossless Audio on Apple Music at no additional cost and the new features will be available on Android “very soon” in the country. Apple Music is also making its catalog of more than 75 million songs available to its subscribers in Lossless Audio in India.

    Apple uses ALAC (Apple Lossless Audio Codec) to preserve every single bit of the original audio file. This means fans will be able to hear their favourite songs exactly the way the artists created them in the studio. To start listening to Lossless Audio, subscribers using the latest version of Apple Music can turn it on in Settings, then Music and Audio Quality. Apple Music TV Expands to the UK and Canada After Making Debut in US Last Year.

    Here, you can choose different resolutions for different connections such as cellular, Wi-Fi, or for download. For the true audiophile, Apple Music also offers Hi-Resolution Lossless all the way up to 24 bit at 192 kHz.

    By default, Apple Music will automatically play Spatial Audio with Dolby Atmos tracks on all AirPods and Beats headphones with an H1 or W1 chip, as well as the built-in speakers in the latest versions of iPhone, iPad and Mac.

    At Rs 99 a month (3-month free trial) for individuals, Rs 49 a month for students and Rs 149 a month for a family, customers will get access to 75 million tracks in Lossless on Apple Music over a period of time, a growing catalog of songs on Spatial, the best in class recommendation engine and more than 30,000 playlists curated by Apple Music editors.

    Spatial Audio with support for Dolby Atmos gives artists the opportunity to create immersive audio experiences for their fans with true multi-dimensional sound and clarity that comes from all around and from above the listener.

    Albums that are available in Spatial Audio will have a badge on the detail page to make them easily discernible. Apple Music is also offering a special set of editorially-curated Spatial Audio playlists to help listeners find the music they love and enable further discovery.

    “The ability to experience music in its purest form is magical, and since live-concerts have taken a back seat in the recent times, Dolby Atmos is an excellent way for my listeners to feel as if they’re listening to me live,” said award-winning music composer AR Rahman.

    “With Apple Music and Spatial Audio, we’ve recreated the songs of ’99 Songs’, ‘Meri Pukar Suno’ and ‘Dil Bechara’ in a newer, richer way, and I hope the audiences are able to experience the music in a manner it should be,” Rahman added.

    Apple Music is working closely with artists and labels to add new releases and the best catalog tracks, as more artists begin to create music specifically for the Spatial Audio experience.

    Apple is also building immersive music-authoring tools directly into Logic Pro. Later this year, the company will release an update to Logic Pro that will empower any musician to create and mix their songs in Spatial Audio compatible with Apple Music.

    (The above story first appeared on Morning Tidings on Jul 20, 2021 03:48 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Twitter Reportedly Adding Razorpay as an Additional Payment Provider To Send & Receive Money

    Twitter Reportedly Adding Razorpay as an Additional Payment Provider To Send & Receive Money

    New Delhi, June 24: After introducing Tip Jar that allows people to send and receive support with cash gifts, Twitter on Thursday said that it is adding an Indian payment gateway, Razorpay, as an additional payment provider to it. With Tip Jar, people can select whichever payment service they prefer and they’ll be taken off Twitter to the selected app where they can show their support in the amount they choose. Twitter Now Lets iOS Users Send Tweets Directly to Instagram Stories.

    Through Razorpay’s interface, people will be able to support individuals and organisations across India via multiple modes of payment including UPI, credit and debit cards, net banking, wallets and more, the company said in a statement.

    To start, only a limited group will see the option to add Tip Jar to their profile. This group includes creators, journalists, public figures, experts and community leaders. It is the first of several upcoming ways for creators to monetise their content and earn money from their biggest supporters.

    Everyone can send tips to applicable accounts on Twitter for iOS and Android via third-party payment services. Turning on Tip Jar adds an icon next to the Follow button on the Twitter profile page, allowing people to link to an existing account with the following payment providers — PayPal, Cash App, Patreon, Bandcamp, Venmo and now Razorpay.

    By integrating Razorpay, the service is hoping to provide people in India with a simple and secure way to send money as a token of appreciation or as a gift, the company said.

    To better serve them, Tip Jar is available in multiple Indian languages including Bengali, Gujarati, Hindi, Kannada, Marathi, Tamil. Twitter is also working to add more payment providers to the feature around the world.

    On iOS and Android, Tip Jar lives as an icon on people’s Twitter profiles. On Android only, it is also accessible within Spaces. It is an easy way and a first step towards creating new ways for people to receive and show support on Twitter — with money. Soon, more people will be able to add it to their profile in India and across the world.

    (The above story first appeared on Morning Tidings on Jun 24, 2021 10:48 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Finmin issues ant 45,000 crore to states, which is in the form of additional deviation on Qoy revenue mop-up

    Finmin issues ant 45,000 crore to states, which is in the form of additional deviation on Qoy revenue mop-up

    The Ministry of Finance said on Thursday that it has released the Ministry 45,000 crore to the states as an additional deviation in 2020-21, following the revenue boom in the March quarter.

    According to the revised estimate for 2020-21, 95 5,49,959 crore, estimated to be 41 percent of the shared pool of taxes and duties, was released to the states.

    The ministry said in a statement that the finance ministry has, however, developed an amount of Rs 5,94,996 crore.

    The 15th Finance Commission recommended that states should be given 41 per cent of the center’s divisible tax pool during the 2020-21 fiscal year.

    The ministry said that an additional amount of ₹ 45,000 crore was ₹ 14,500 crore. 30,500 crores were released in two installments. 14 14,500 crores was released on March 26, 2021 with the 14th regular installment of diversion, while the second installment of ment 30,500 crores was released to the states on March 31, 2021.

    “The Finance Ministry has released these amounts to share the revenue boom seen in Q4 2020-21 and the true spirit of fiscal federalism.”

    Separately, the Department of Expenditure under the Ministry of Finance has released ₹ 11,830 crore to the states under the ‘Special Assistance to States’ for ance capital expenditure.

    The scheme was announced by the Finance Minister on October 12, 2020 as part of the Atmanibhar Bharat package. The scheme aims to increase capital expenditure by the state governments, which were facing a difficult financial environment due to reduction in tax revenue arising out of COVID-19 epidemic in the year 2020-21.

    Under the scheme, expenditure expenditure proposals of 11,912 crores of 27 states were approved by the Department of Expenditure. The ministry said that capital expenditure projects have been approved in various sectors of the economy such as health, rural development, water supply, irrigation, electricity, transport, education, urban development.

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  • Adani Ports to acquire additional 58.1% stake in Gangavaram Port

    Adani Ports to acquire additional 58.1% stake in Gangavaram Port

    Adani Ports and Special Economic Zone (APSEZ) has announced that it will buy a 58.1% stake held by DVS Raju and ₹ 3,604 crore in Gangavaram Port Limited (GPL). The deal is subject to regulatory approval.

    Earlier this month, APSEZ announced the acquisition of a 31.5% stake in Warburg Pincus in the GPL. With this acquisition, APSEZ will hold an 89.6% stake in GPL, which has port operations in Andhra Pradesh.

    Located close to Vizag Port, GPL is the second largest non-major port in Andhra Pradesh with a 64-MMT capacity and has been set up under a concession from the Government of Andhra Pradesh (GoAP), spanning 2059.

    It is an all-weather, deep water, multi-purpose port capable of handling fully laden super cape-sized vessels up to 200 m DWT.

    Currently, GPL operates nine berths and has approximately 1,800 acres of land. APSEZ said in a statement that with a master plan capacity of 250 MMTPA with 31 berths, the GPL has sufficient headroom.

    The GPL handles a diverse mix of dry and bulk commodities, including coal, iron ore, fertilizer, limestone, bauxite, sugar, alumina, and steel. The GPL is a gateway to an interior area spanning eight states in eastern, southern and central India.

    “GPL will benefit from APSEZ’s pan-India footprint, logistics integration, customer-centric philosophy, operational efficiency and a strong balance sheet.

    In FY20, GPL had a cargo volume of 34.5 MMT, revenue of ₹ 1,082 crore, EBITDA of% 634 crore (margin of 59%) and PAT of ₹ 516 crore.

    GPL is debt free, with a cash balance of more than ₹ 500 crore.

    The company has a paid-up share capital of 51.7 crore shares, of which 58.1% is held by Mr. Raju and family (promoter) and 10.4% is with GoAP. The remaining 31.5%, which was held by Warburg Pincus, has been sold to APSEZ.

    ‘Tremendous addition’

    “The acquisition of GPL is another enhancement of our vision to capitalize on an expanding logistics network impact that generates more value as we expand,” said Karan Adani, CEO and full-time director of APSEZ.

    “Every additional node we are able to add to our network allows us to provide a greater level of integrated and enhanced solutions to our customers. In this context, GPL is a tremendous addition to our portfolio.

    “We will now be able to tap on the respective handland, which is the fastest growing eastern region and brings logistic synergy APSEZ to the table, the GPL has the potential to become 250 MMT ports,” he said. This will undoubtedly help accelerate the industrialization of AP, ”said Mr. Adani.

    “Gangavaram’s location north of AP is a strategic complement to our recent acquisition of the Port of Krishnapatnam,” he continued.

    This is the second port acquisition in Andhra Pradesh by the Gujarat-based Adani Group, when it bought a controlling stake of ₹ 12,000 crore in Krishnapatnam Port. It is also developing a transshipment port at Vizhinjam in Kerala.

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  • Why didn’t you produce more children to get additional ration from the CM of Uttarakhand

    Why didn’t you produce more children to get additional ration from the CM of Uttarakhand

    He was referring to the distribution of food grains during the coronavirus epidemic.

    Uttarakhand Chief Minister Tirath Singh Rawat on Sunday made another controversial comment, saying that people should produce more children to get extra ration during the coronovirus epidemic.

    During his speech at an event in Ramnagar, Nainital, he clearly confused Britain with the US, stating that the US ruled India for 200 years.

    Referring to the distribution of food grains during the epidemic, the CM of Uttarakhand said that each affected family is given 5 kg of ration to each member.

    “10 children got 50 kg, while those with 20 got one quintal. People with two children gained 10 kg. People built shops and found buyers.

    “Who is to blame for this,” asked the CM.

    “Now you are jealous of this. When it was time, you only produced two. Why didn’t you produce 20, ”Mr. Rawat said.

    In the program, Mr. Rawat also said that America enslaved India for 200 years.

    Referring to the epidemic, Mr. Rawat said, “America, which enslaved us for 200 years, ruled the entire world … The empire that the sun never sets is struggling today.”

    On the other hand, under the leadership of Prime Minister Narendra Modi, India with a population of 130–135 million people still feels relieved, he said.

    Reacting to the comments, Congress spokesperson Randeep Surjewala taunted the BJP when Mr. Rawat was elected as the CM of Uttarakhand.

    Taking a sarcasm at Prime Minister Narendra Modi, Mr. Surjewala said that he chooses such “learned talent”. He also mocked Mr. Rawat’s statement that America ruled India for 200 years.

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  • Two additional judges for Chhattisgarh HC

    Two additional judges for Chhattisgarh HC

    President Ram Nath Kovind on Friday appointed two additional judges in the Chhattisgarh High Court.

    A notification from the Law Ministry states that Narendra Kumar Vyas and Naresh Kumar Chandravanshi have been appointed as Additional Judges of the Chhattisgarh High Court by the President in exercise of the power conferred by clause (l) of Article 224 of the Constitution of India.

    Mr. Vyas has 23 years of experience and specialized in law and industrial disputes matters.

    Mr. Chandravanshi has been elevated from judicial service as he served as Additional District and Sessions Judge and Additional Registrar in the High Court prior to his current posting as Principal Secretary in the Department of Law and Legislative Affairs, Government of Chhattisgarh.

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