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ETtech Bytes on 18 Jan. 2021: Top 5 Tech News Today, in 10 Minutes

by Trading How
January 18, 2021
in Tech
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ETtech Bytes on 18 Jan. 2021: Top 5 Tech News Today, in 10 Minutes
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Good night, ETtech reader.

The Delhi Excessive Courtroom on Monday mentioned WhatsApp’s newest privateness coverage replace is “voluntary” and customers can select to not be part of the “non-public app”. Kavin Bharti Mittal’s Hike has shut down Hike Sticker Chat with the intention to pivot to different social merchandise. Ola Electric is planning to boost $300 million from present and new traders, and extra.

Right here’s a have a look at the highest 5 tech information right this moment:

1. WhatsApp will get reduction from Delhi Excessive Courtroom

whatsapp

WhatsApp’s new privateness coverage is “voluntary” and folks can select to not be part of that platform in the event that they disagree with its phrases and situations,
the Delhi High Court said whereas listening to a petition difficult the Fb-owned app’s up to date privateness coverage.

What occurred? The courtroom additionally mentioned that if the phrases and situations of most cell apps are learn, “you’d be shocked as to what all you’re consenting to”. “Even Google maps captures all of your knowledge and shops it,” the courtroom mentioned.

Why it issues: The world’s largest messaging app
has already deferred the implementation of its new privateness coverage to fifteen Could from 8 February after dealing with backlash from customers who switched to rival messaging apps. On Sunday, WhatsApp
put out a status update for all Indian customers, stating that it might probably’t learn or hear to non-public conversations and that it would not share consumer contacts with Fb.

The messaging app, owned by Mark Zuckerberg’s Fb Inc. hasn’t been capable of allay fears round consumer privateness. Because of this, its rival Sign
beat not only WhatsApp but in addition Fb and Instagram in weekly India downloads.

WhatsApp’s rebuttal: It’s good for folks to grasp the enterprise technique behind apps they’re utilizing, WhatsApp’s World Head
Will Cathcart told ET, even because the social media big remained on the trail to monetise the app.

In associated information, Mukesh Ambani-led Reliance Industries
plans to embed its e-commerce app JioMart into WhatsApp inside six months, the Mint newspaper has reported. This comes months after Fb pumped Rs 43,574 crore into Reliance Industries for a 9.9% stake.

Additionally Learn:
Outcry over WhatsApp privacy policy shows Indians value their privacy: Signal COO

2. ETtech Completed Offers

Ola electric

■
Ola Electrical
is planning to raise $300 million from present and new traders, a number of folks conscious of the event informed ET. The plan is a part of Ola Electrical’s bigger technique to grow to be a full-range electrical automobile maker by including bikes, three-wheelers and different modes of last-mile transport to its product portfolio.

■ Digital well being startup
MFine
has raised $16 million in funding led by
Heritas Capital together with participation from Singapore-based household workplace of Y’S Funding Pte Ltd. The corporate plans to make use of the funds raised to extend its investments in synthetic intelligence, cell engineering and gadget integration, increasing its hospital community throughout the nation.

■
Udayy, a live-learning platform for college students of Grades 1 to five,
has raised $2.5 million in a seed funding spherical led by Alpha Wave Incubation (AWI), which is managed by Falcon Edge Capital and InfoEdge Ventures. The funding spherical additionally noticed participation from VC Higher Capital, Cred founder Kunal Shah and different angel traders.

■
Okinawa Scooters is in talks with a number of traders
to raise Rs 150 crore in equity to gas its growth plans, amid a foray into the business-to-business gross sales phase. The electrical two-wheeler maker, which plans to arrange a brand new manufacturing facility, is in talks with Zomato, Swiggy, Domino’s, Pizza Hut, and many others. to produce its new electrical scooter designed particularly for supply operations.

3. Hike shuts down Hike Sticker Chat

Kavin-Bharti-MittalCompanies

Hike Founder Kavin Bharti Mittal.

Hike, backed by Tiger World, Tencent Holdings Ltd. and SoftBank Group Corp.,
has shut down WhatsApp’s homegrown rival Hike Sticker Chat with the intention to pivot to different social merchandise.

Backstory: The app debuted as Hike Messenger in December 2012 and had notched up about 100 million registered customers as of August 2016. It was rebranded as Hike Sticker Chat with a sticker-centric expertise in April 2019.

Why it issues: The shutdown comes at a time when a number of messaging apps—corresponding to Sign and Telegram— are witnessing important progress in consumer base, in a response to WhatsApp’s controversial privateness coverage and phrases of service. It additionally comes practically a fortnight after Hike’s CEO Kavin Bharti Mittal introduced plans to sundown the service in January 2021.

4. Letterboxd on a roll


After it was launched in 2011, Letterboxd, a social media web site about films, developed a following of cinephiles who wished to trace their movie-watching habits, make lists of favourites, and write and publish opinions.
According to The New York Times, the location’s progress was explosive in 2020. Letterboxd has seen its consumer base practically double because the starting of the pandemic: They now have greater than 3 million member accounts, the report mentioned, up from 1.7 million right now final yr.

Why it issues: This bounce comes at a time when the Covid-19 pandemic shuttered multiplexes and cinema halls. A rise in its youthful consumer base additionally aided this progress. On the app, which the corporate mentioned is how 75% of customers entry Letterboxd, the most important demographic is 18- to 24-year-olds.

5. Trump admin slams Huawei, halts shipments from Intel

Huawei 2

The Trump administration notified Huawei suppliers, together with chipmaker Intel, that it’s revoking sure licenses to promote to the Chinese language firm and intends to reject dozens of different functions to produce the telecommunications agency,
Reuters has reported.

Why it issues: The motion is the newest in a collection of selections taken to weaken the world’s largest telecommunications tools maker, which the US sees as a nationwide safety menace. In its closing days, the Trump administration has gone on an offensive in opposition to Chinese language corporations.





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