Friday, April 26

Author: Priyanka

What is Quantum Computing and how it will work
10Jul By PriyankaNo Comments
Tech

What is Quantum Computing and how it will work

Quantum computing is a field of computing that utilizes the principles of quantum mechanics to process and manipulate information. Traditional computers, known as classical computers, use bits to represent and process information, where each bit can be either a 0 or a 1. In contrast, quantum computers use quantum bits, or qubits, which can represent and process information as both 0 and 1 simultaneously, thanks to a property known as superposition. The power of quantum computing lies in its ability to leverage this superposition and another quantum property called entanglement. Entanglement allows qubits to be interconnected in such a way that the state of one qubit can instantaneously affect the state of another, regardless of the physical distance between them. This property enables ...
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Premium Sneaker Brand Mainstreet Marketplace Secures $2 Million
30Jun By PriyankaNo Comments
FUNDING

Premium Sneaker Brand Mainstreet Marketplace Secures $2 Million

Bengaluru, 30th June, 2023: Premium Sneaker Resale platform, The Mainstreet Marketplace raises $2 million in a seed funding round led by zerodha's cofounder Nikhil Kamath, Abhijeet Pai’s fund Gruhas and others.  There was participation from Silverneedle Ventures, Deepinder Goyal, founder of Zomato, Sujeet Kumar, founder of Udaan, Amarjit Batra, managing director of Spotify India, Yogesh Chaudhary, director of Jaipur Rugs, Sujeet Kumar and Arjun Vaidya, founder of Dr. Vaidya. Comedian Tanmay Bhat, actors Mouni Roy and Ashish Chanchlani, musician Nikhil Chinappa also took part in the funding round. The D2C platform will deploy the funds towards hiring an experienced senior management team, expanding their brick-and-mortar into more cities, and building on the quality of their customer...
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US averts default: House Passes debt ceiling bill to avoid default
2Jun By PriyankaNo Comments
USA

US averts default: House Passes debt ceiling bill to avoid default

Washington, Jun 2, 2023: The US Senate on late thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have been a first-ever default. The Senate voted 63-36 in favor's to approve the bill that was passed on Wednesday by the House of Representatives, as lawmakers raced against the clock following months of partisan bickering between Democrats and Republicans. U.S. Senate Republican Leader Mitch McConnell stated, “Four months after Speaker McCarthy invited President Biden to begin negotiating a resolution to the looming debt crisis, an important step toward fiscal sanity will finally become law. “Thanks to House Republicans’ efforts, the Fiscal Responsibility Act avoids the catastrophic ...
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Asian Stock Market are Up, Japan’s Nikkei Strengthens
11Jan By PriyankaNo Comments
Market

Asian Stock Market are Up, Japan’s Nikkei Strengthens

TOKYO, 11th Jan 2023 – Asian shares were mostly higher on Wednesday off a rally on Wall Street that came ahead after the weaker yen also boosted buying sentiment in Japan, as the country’s exporters earn more when foreign profits are converted into yen. Japan’s benchmark Nikkei 225 NIK, +0.99% rose 1% in morning trading. Australia’s S&P/ASX 200 XJO, +0.95% gained about 1% and South Korea’s Kospi 180721, +0.17% gained about 0.2%. Hong Kong’s Hang Seng HSI, +1.02% climbed 1%, while the Shanghai Composite SHCOMP, +0.20% rose 0.2%. Benchmark indices in Taiwan Y9999 fell -0.34%, Malaysia FBMKLCI, +0.10% and Indonesia JAKIDX, -0.48%, while Singapore STI stocks gained +0.30%. Shares of Fast Retailing Co. 9983, +1.23%, which operates popular Japanese clothing retailer Uniqlo, rose 1.4% ...
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Why Am I Getting So Many Emails?
26Jul By PriyankaNo Comments
Tech

Why Am I Getting So Many Emails?

If you are feeling more and more overwhelmed as you check your work or personal inbox, you are not alone! It can be difficult to reach the messages that you need the most when your inbox is filled with promotions and spam messages. The issue is that most people aren’t sure why they are receiving so many emails or where these messages are coming from. To give you a little bit of insight as to why you are receiving so many emails, we are going over a few of the most common types of mass emails sent using mass email software. From there, we’ll guide you through a few strategies to help you manage your inbox so it is slightly less overwhelming each day. Plus, we’ll be showing you how companies use gmail mass emails to reach their audience and how you can curate the promotional messages that l...
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Why People Share Fake News on Social Media
1Jun By PriyankaNo Comments
ANALYSIS

Why People Share Fake News on Social Media

People may feel less unethical about sharing misinformation on social media if they repeatedly encounter the fake news item, even when they don't believe it, according to a study involving more than 2,500 people. The researchers, including one of Indian Origin Medha Raj from the University of Southern California in the US said seeing a fake headline just once leads individuals to temper their disapproval of the misinformation when they see it a second, third, or fourth time. As part of the study, published in the journal Psychological Science, the researchers asked online survey participants to rate how unethical or acceptable they thought it was to publish a fake headline, and the likelihood that they would "like", share, and block or unfollow the person who posted it. ...
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Berkshire Shareholders will keep Warren Buffett as chairman
5May By PriyankaNo Comments
News

Berkshire Shareholders will keep Warren Buffett as chairman

5/5/2022, NY, CALF: In a filling on Wednesday, Berkshire Hathaway Inc. mentioned that shareholders vote to keep Warren Buffett both chairman and chief executive. The proposal, which called for an independent chair, received only 54,425 votes (about 11%) to 448,868 against (89%), according to the filing. In the form 8k, all other 14 Berkshire directors including Buffett; Vice Chairmen Charlie Munger, Greg Abel and Ajit Jain; and lead independent director Susan Decker won reelection with more than 86 per cent of votes cast. The Company has also received a letter from the NYSE that acknowledged that the Company is back in compliance with the continued listing standards establishing a majority of independent directors on its board. Buffett, 91, became CEO of Berkshire in 1965, and ha...
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Now India will produce Semiconductor Chips, Vedanta joins hands with Foxconn
15Feb By PriyankaNo Comments
INDIA

Now India will produce Semiconductor Chips, Vedanta joins hands with Foxconn

New Delhi, 15th Feb 2022: Indian conglomerate Vedanta has signed a pact with electronics manufacturing services giant Foxconn to form a joint venture (JV) for manufacturing semiconductors in India. Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore programme to boost electronic chip and display ecosystem in the country. "According to the MoU (memorandum of understanding) signed between the two companies, Vedanta will hold the majority equity in the JV, while Foxconn will be the minority shareholder," the statement said. It added that Vedanta Chairman Anil Agarwal will be the chairman of the joint venture. The targeted project plans to invest in manufacturing semiconductors. "It will pr...
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Peter Thiel to Retire from Meta Board of Directors
8Feb By PriyankaNo Comments
News

Peter Thiel to Retire from Meta Board of Directors

MENLO PARK, Calif., Feb. 8, 2022-- Meta (NASDAQ: FB) announced today that Peter A. Thiel, Partner at Founders Fund and PayPal co-founder, has decided not to stand for re-election to the Board of Directors of the Company at the Company's 2022 Annual Meeting of Stockholders. Thiel has been a member of the company's board of directors since 2005 and will continue to serve as a director until the date of the Annual Meeting. Mark Zuckerberg, Meta founder and CEO, said: "Peter has been a valuable member of our board and I'm deeply grateful for everything he has done for our company -- from believing in us when few others would, to teaching me so many lessons about business, economics, and the world. Peter is truly an original thinker who you can bring your hardest problems and get unique sug...
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Accenture Survey Says Shopping on Social Media Platforms Expected to Reach $1.2 Trillion Globally by 2025
4Jan By PriyankaNo Comments
ANALYSIS

Accenture Survey Says Shopping on Social Media Platforms Expected to Reach $1.2 Trillion Globally by 2025

NEW YORK, January 04, 2022-- A new study by Accenture (NYSE:ACN) found that the $492 billion global social commerce industry is expected to grow three times as fast as traditional ecommerce to $1.2 trillion by 2025. Growth is predicted to be driven primarily by Gen Z and Millennial social media users, accounting for 62% of global social commerce spend by 2025. According to Accenture’s report, “Why Shopping’s Set for a Social Revolution,” social commerce means a person’s entire shopping experience from product discovery to the check-out process takes place on a social media platform. Just under two thirds (64%) of social media users surveyed said they made a social commerce purchase in the last year, which Accenture estimates to reflect nearly 2 billion social buyers globally. “The p...
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