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Tesla Stock Drops After Elon Musk Smokes Weed on a Talk Show

16Sep By AdityaNo Comments

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Tesla Stock Drops After Elon Musk Smokes Weed on a Talk Show

Elon Musk led Tesla's share price drops 8.2% after he took a puff of marijuana during a live YouTube talk show. In The talk show of The Joe Rogan Experience, the anchor host Rogan who lit up a joint more than two hours into the interview and this is how Elon started asking about the joint, Elon asked, “So is that a joint? Or is it a cigar?” Rogan said, it's marijuana inside tobacco, and asked Elon, did you ever tried it? “I think I tried once,” Musk replied with a laugh. “C’mon, man. You probably can’t because of stockholders, right?” Rogan said. “I mean it’s legal, right?” Musk said. “Totally legal,” Rogan said. “OK,” Musk said. Then Elon took a puff of a cigratte and drink whisky. After a while Musk starts receiving the messages from his friends saying, ‘What the he...

Kleiner’s Mary Meeker is Stepping Down to Start her Own Venture Firm

15Sep By Gauri SinghNo Comments

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Kleiner’s Mary Meeker is Stepping Down to Start her Own Venture Firm

Tech analyst Mary Meeker is leaving venture capital firm Kleiner Perkins Caufield & Byers LLC. The move is being taken by her for the purpose of starting her own firm. It has been reported that Meeker was creating a separate firm with her colleagues Mood Rowghani, Noah Knauf and Juliet de Baubigy. However, the final date of her leaving the company has not yet been decided. "The changes in both areas have led to less overlap between venture and growth and creating two separate firms with different people and operations now makes sense," Kleiner spokeswoman Katie Hutchison said. Meeker first became famous as Queen of the Net in the late 1990s, after a report she wrote for Morgan Stanley predicted the power and shape of the then still exotic World Wide Web. She joined Kleiner in 2...

SkyShuttle to Launch Shared Business Jets and Helicopter Flights Soon

15Sep By Gauri SinghNo Comments

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SkyShuttle to Launch Shared Business Jets and Helicopter Flights Soon

SkyShuttle is set to launch shared business Jets and helicopter flights from next week. The company will start scheduled business jet flights between Mumbai and Bengaluru and helicopter services from Juhu airport to industrial towns. The flights on the Mumbai-Bengaluru route will be operated by an aircraft between 6 and 14 seats. “These will essentially be flights with luxuries of a business Jet flight but with a schedule. So, a passenger will not have to be at the airport two hours before the flight and will be saving time in Bengaluru too because our flight will be landing at the old airport in Bengaluru that is within the city,” Kanika Tekriwal, founder of SkyShuttle stated. It is being said that there is a market for flights in this segment but the pricing has to be right. While t...

HP’s Aruba Networks to Set up Manufacturing Plant in India

14Sep By Gauri SinghNo Comments

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HP’s Aruba Networks to Set up Manufacturing Plant in India

An HP Enterprise company Aruba Networks that operates on mobility and Internet of Things (IoT) solutions has been planning to begin the manufacturing of its range of wireless and wired products in India. The IoT solutions company is at present assessing proposals from various states and will decide on the location on the basis of the incentives offered as stated by Keerti Melkote, president of the company. “India was never a large end market for us, but over the last couple of years, there have been a lot of opportunities both in the public and private sectors,” said Melkote. The company currently manufactures and builds its products mostly in China. It has now decided to initially cater to the domestic demand before it is scaled up to also serve global markets. Aruba has a researc...

Google to Shut Down its Mailing App ‘Inbox’ from March 2019

14Sep By Gauri SinghNo Comments

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Google to Shut Down its Mailing App ‘Inbox’ from March 2019

The technology giant Google that has been launching a lot o new apps for a long time, is now set to shut down its alternate mailing app "Inbox". The platform will discontinue from March 2019 and the company is giving users time to shift to the traditional Gmail by the time. Inbox was launched by Google in 2014 as an innovative new email app that lived alongside Gmail. It acted as an experimental platform for the company to try newer mailing features that could be incorporated in Gmail later. But unfortunately, the new platform could not attract a good number of user base and updates to justify its existence and thus, Google has taken a step to shut is down forever."We want to take a more focussed approach to help us bring the best email experience to everyone. As a result, we're planning t...

Xiaomi to Launch a Smartwatch and Fitness Tracker in India

13Sep By Gauri SinghNo Comments

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Xiaomi to Launch a Smartwatch and Fitness Tracker in India

Soon after the launch of a smartphone in the premium segment, Xiaomi is all set to give a tough competition and has launched a smartwatch and a fitness tracker in India with its wearable sub-brand Huami. A new teaser is been discovered which suggests that Huami is planning to start the sale of these new smartwatches this year in September. The particular teaser also highlights that the company has collaborated with Avengers: Infinity War and it might launch a special edition of the smartwatch as well. It is being expected that the company is scheduling the launch of the smartwatch with the China release of the film. Lately, the company introduced Amazfit Pace and Amazfit Cor wearables in India. The Amazfit Pace is basically a smartwatch and is priced at Rs 9,999, on the other hand...

Ather Energy Commences the Delivery of its Electric Scooter

12Sep By Gauri SinghNo Comments

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Ather Energy Commences the Delivery of its Electric Scooter

After a successful launch and five years of being in existence, Ather Energy has officially commenced the deliveries of its flagship electric scooter, the Ather 450, in Bengaluru. The Bengaluru-based startup invited a select few customers to the company's final assembly unit to hand them the keys to their Ather 450 electric scooter. Also, the company had set up private charging stations at the customers’ residences prior to the delivery of its intelligent electric scooters. With this, the owners of the electric two-wheelers will have free charging available both at home and across the city. Tarun Mehta, Co-founder and CEO said, “The past few weeks have been incredible for everyone at Ather Energy. Today marks the real launch of the company as consumers take their ﬁrst scooters home and...

Cure.fit To Launch Quick Service Restaurants in the Coming Weeks

12Sep By Gauri SinghNo Comments

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Cure.fit To Launch Quick Service Restaurants in the Coming Weeks

Health and fitness startup Cure.fit is on the advanced stages to launch two quick service restaurants (QSR) in Bengaluru. The restaurants are expected to be launched in the next 4-6 weeks and will offer healthy food to people who are on-the-go in the city. This move will make the company one of the early firms in the food tech sector to foray into the offline space. For the purpose of setting up each of the food outlets, Cure.fit is investing approximately Rs 40-45 lakh. "Our proposition is that people should find healthier ways to eat wherever they are. This is why having an outdoor presence is important. We are piloting with a couple of outlets and will see how it goes," said Ankit Nagori, Co-founder of Cure.fit. The company offers four fitness and health products, which include gym...

Indian Billionaire Hiring 12 Staff to Help Daughter Study at UK University

11Sep By NitishNo Comments

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Indian Billionaire Hiring 12 Staff to Help Daughter Study at UK University

An unnamed Indian billionaire's daughter has been dubbed the "poshest" student in the UK after it was claimed that her family is hiring 12 staff members to help her during her studies at a Scottish university. The first-year student at the University of St Andrew on the east coast of Scotland will have a house manager, three housekeepers, a gardener, a lady's maid, and a butler on hand to help her, along with three footmen, a private chef, and chauffeur, 'The Sun' newspaper reported. They will be employed at the family's new luxurious mansion, bought so that the daughter won't have to stay in general student accommodation during the four years she spends studying at the leading Scottish university. An advert was placed a few months ago looking for "an outgoing, cheerful" maid with...

Tata Communications Rolls Out Cybersecurity Response Centre in Dubai

10Sep By Gauri SinghNo Comments

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Tata Communications Rolls Out Cybersecurity Response Centre in Dubai

Tata Communications has launched an advanced cyber security response centre in Dubai. The centre will offer 24/7 cyber security services to help customers stay one step ahead of evolving cyber threats in the Middle East region. This move marks Tata Communications' fourth dedicated security centre, after Chennai, Pune and Singapore by debuting in Dubai. "Through the new cyber security response centre in Dubai, Tata Communications aims to offer enterprises and government bodies in the UAE and other GCC countries across the region with cyber-attack protection that helps them meet in country regulation requirements...," the company said. Launching the facility, UAE Minister of State for Artificial Intelligence Omar Sultan Al Olama stated that cybersecurity has become even more paramount ...

Ola Witnesses Resignation from Two Senior Executives

7Sep By Gauri SinghNo Comments

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Ola Witnesses Resignation from Two Senior Executives

With the exit of a lot of senior executives in various top companies, two senior executives of Ola have also stepped down. It has been reported that Saikiran Krishnamurthy and Joy Bandekar have left the company. Saikiran Krishnamurthy was popularly called Saiki among the Ola employees and held the position of a senior vice-president of growth in the company. Prior to this job, Saiki used to work at Flipkart a year ago. He was one of the highest paid executives at Flipkart when he was hired in 2015. Following the resignation, the latter is planning to start his own venture. Talking about Joy Bandekar, he was the corporate president of new initiatives at Ola. Prior to Ola, Bandekar also used to be a former Flipkart executive. He is exiting the ride-hailing company to enter the B2B e-co...

Ratan Tata Gains Double for Investment in Ampere Vehicles

6Sep By Gauri SinghNo Comments

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Ratan Tata Gains Double for Investment in Ampere Vehicles

It was last week that the chairman of Tata Trusts sold his entire equity holding in Ampere Vehicles to an engine manufacturer Greaves Cotton which is based in Mumbai. Following this move, the former Tata Sons Chairman Ratan Tata is believed to have gained more than twice his investment. The investment of Tata amounted to about Rs 3 crore in Coimbatore-based electric vehicle start-up in his personal capacity in mid-2015. This also marked his first ever investment in an auto company. “Tata sold his stake in Ampere, earning more than two times. Most investors made similar returns. Kris (Gopalakrishnan) came into the company later, so his returns could have been lower than Tata’s,” a source said. Greaves Cotton stated that the company will take over Ampere for Rs 77 crore. This will valu...