A few years ago, Reliance Jio entered the already overpopulated red-ocean of the telecom sector. They obliterated everyone with their ultra-low-cost data plans and free voice calls, resulting in them becoming the country’s largest wireless operator with a subscriber base of 400 million.
With $20 billion raised for the technology venture, Mukesh Ambani and Co. have shifted their focus to Reliance Retail, India’s largest brick-and-mortar retailer, already raising $6 billion from heavyweights like KKR & Co. and Silver Lake. …
If you’re an ardent fan of space, you would probably know how many launches SpaceX has done, and how many Starlink satellites already are in orbit. For others, don’t bother! So, why is Elon Musk putting so many rockets into space?
On October 24, SpaceX, the aerospace brainchild of Elon Musk that aims to reduce space transportation costs, launched yet another set of Starlink satellites.
Since the first launch in February 2018, 14 additional launches have put 895 launches into orbit, with two more with a payload of 60 each scheduled for November 2020. Of 895, 51 have removed from orbit due to various problems. …
A couple of months ago, the Wall Street Journal reported how ex-Facebook (she resigned!) India’s public policy directory Ankhi Das sparked off a political storm after the company and her, allegedly, refused to take down anti-Muslim posts by a Hindu nationalist legislator because it could damage the firm’s business interests.
Even the recent Bangalore riots were triggered by an allegedly blasphemous Facebook post about Prophet Muhammed.
The two examples cited above raise questions about “content moderation” on social media. It raises a couple of questions:
The demand for OTT platforms in India, thanks to everyone being forced indoors due to the pandemic, has increased since the beginning of 2020. According to Statista, there are over 287 MM OTT subscribers in India. Since the lockdown, according to a report by Inc42:
- The average time spent by Indian users on OTT platforms has increased by 30–60% since early March.
- The online content consumption in India grew 35% in April 2020 compared to January 2020
Even though hotels and restaurants have reopened, but remain desolate, social distancing and work from home continue to prevail, demand for OTT will continue to increase. …
Over the past couple of days, the daily count of COVID19 in India has been dwindling. While it may appear things are getting better, and the situation is in control, there is a likelihood of a second wave hitting India, post the festive season that runs for around 20 odd days, between 22 October to 15 November.
People do not fear the virus-like they did. They are out and about, flocking the streets, shopping, socializing, etc. And who can blame them? The past 8–10 months have been the longest the entire world has been confined to their houses!
Most people I speak to about the virus feel that: “If I’ve already got the virus, I have antibodies and I will not get it again.” While it is not scientifically proven that you cannot be reinfected, chances are one in a million. There are 32 known cases of reinfections in the world, from over 40 million known cases worldwide. …
We all know that one of India’s favorite airlines Jet Airways ceased operations on April 17, 2019, last year! Over 18 months, there were many rumors of potential takeovers and discussions between potential owners and the lenders’ committee!
Finally, on October 16, the committee announced that Murari Lal Jalan and Kalrock Capital would be the new owner of Jet Airways.
Before this, rumors had already hit the market on October 8, that Murari Lal Jalan and Kalrock Capital would be the new owners of the airline. …
Let’s step back for a second and think of the term, Artificial Intelligence. What is it? If you Google it, this is what you get:
It refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions.
Simply put, intelligent machines built to work and think like humans!
Today, AI is everywhere in our lives. From Netflix’s recommendation system or detecting cart abandonments on eCommerce websites/apps — it is analyzing everything at every moment, telling us how to make better decisions!
On social media, in particular, everything we do, every second we spend on the top is captured, and what we see when our news feed refreshes is the type of content we usually interact and engage on! …
Everyone I have interacted over the past few days has the same rant: When will COVID-19 get over? We should contract it so that when we have antibodies, at least we can get back to our routine, pre-COVID lives.
They want to go out and party, eat, travel, etc., everything they did pre-COVID.
While a few have become fearless and do not really give a damn if they contract the virus for the umpteenth time, many are still cautious!
Fact check: You can get COVID again, you’re not entirely immune till a vaccine is out!
The restaurant industry has also been severely hit by the ongoing pandemic. Over the past few months, hotels have reopened, but recovery of the business is slow because people are happier ordering in than going to hotels to eat. Reason: fear of contracting COVID-19! …
Let me not bore you with the usual mumbo jumbo about how and what COVID-19 has done to the world. Instead, let me try to be different and get straight to the point!
Aviation has probably been the worst affected by the global pandemic. Within a month, airlines grounded a large part of their fleets, used passenger aircraft for cargo operations, retired aircraft early, got bailout funds, etc. as borders closed.
Air France-KLM group received a bailout package of $11.7 billion. …
During this pandemic, all the aunts and uncles becoming COVID treatment experts aside, we’ve heard a lot of new buzzwords: social distancing, flatten the curve, respirators vs ventilators, quarantine vs isolation, etc.
Here’s another one: Doomscrolling!
It’s when a person spends countless hours scrolling through social media, reading posts about terrible news, pandemics, global catastrophes, etc. that negatively impact mental health. In other words: Before we have our morning coffee, we think the world is going to end!
Some stats. In the first half of the year,