100 MILLION USERS
Magicpin reports 100% annual increase in brand onboarding
Magicpin, an offline fashion discovery platform, has seen a 100% year-on-year increase in brand on-boarding, adding 1000 brands across fashion, QSR, and fine dine categories. Over 75,000 local merchants have been added in the last 12 months, with 80% becoming transactional within the first month.
NASA astronaut captures stunning moonrise from ISS, captivating millions
NASA astronaut Matthew Dominick's breathtaking photo of a moonrise from the International Space Station (ISS) has left millions in awe. The image, depicting a crescent moon above Earth's atmosphere, has garnered over 5.4 million views and numerous comments. Dominick, part of NASA’s SpaceX Crew-8 mission, has been aboard the ISS for four months. The photograph showcases the beauty of space, drawing widespread admiration from social media users.
Threads turns one with 175 million users. What’s driving the growth?
Meta’s Threads, launched July 5, 2023, by Mark Zuckerberg, hits 175 million monthly users, challenging Elon Musk’s X. Despite X's growth, Threads steadily climbs. It tested the ActivityPub protocol, launched an API, started a fact-checking program, posts appear on Mastodon. Instagram promotion boosts users amid political content policy criticism.
India among most active countries for Meta's Threads
Meta's Threads boasts 175 million users, with India leading. Mark Zuckerberg highlights its impact. Cricket, like IPL, T20 World Cup, is popular, with 200 creators and players such as Rishabh Pant, Ravindra Jadeja, and Suresh Raina. Launched in July 2023, it gained 100 million sign-ups in a week. Other topics include film, TV, and OTT.
Threads hits 175 million users on first anniversary
Threads, Meta's alternative to X (formerly Twitter), has hit 175 million monthly users a year after its out-of-the-blue launch. Threads, which hit app stores on July 5 last year, is a spin-off of Instagram and is intended to be a rival to X, formerly known as Twitter, after that platform alienated many users and advertisers following Elon Musk's purchase in 2022.
Tariff hikes may slow migration of feature phone users to smartphones: Experts
Recent steep tariff hikes by major Indian telecom companies are set to bolster the base of 4G feature phone users, shielding them from significant cost increases compared to smartphone users. This move is expected to slow down the migration to 5G smartphones. Industry experts suggest that while data consumption among 5G users remains strong, the tariff adjustments may lead smartphone brands to offer bundled data deals to spur sales. Overall, the impact on consumer behavior post-hike is anticipated to be moderated by entrenched data usage patterns.
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Pocket FM's 'Insta Empire' garners Rs 100 crore revenue
Pocket FM derives a majority of its revenue from microtransactions, which allow users to pay for shows that they want to watch. The audio series has already garnered over 250 million plays worldwide and is available in English, Hindi, Telugu, Tamil, Kannada, and Malayalam.
Warburg Pincus may lead $100-150 million funding round in Saas firm Whatfix
Private equity firm Warburg Pincus is set to lead a $100-150 million funding round in SoftBank-backed SaaS firm Whatfix, with participation expected from SoftBank and early investors Helion Venture Partners and Eight Roads Ventures. Whatfix is said to be clocking an annual recurring revenue of $70-75 million.
Trai move to charge for numbers will increase cost for users, telcos say
Industry executives believe that charging telecom companies for numbering resources allocated by the Telecom Regulatory Authority of India will lead to increased costs for users. They argue that SIM cards are a necessity and any additional fees will be passed on to subscribers.
New Base meme coin, Base Dawgz, launches presale and raises $250K. Is this the next 100x crypto?
Base Dawgz, a new meme coin launched on Coinbase's base layer-2 blockchain, attracting over $260,000 in investments for its $DAWGZ token.
G20 Sherpa Amitabh Kant lauds India's digital transformation journey in 9 years
India has made significant strides in digital transformation over the past nine years, with a 96% reduction in data costs and a 1.4 billion people now having a unique digital identity (Aadhar). This has led to greater access and usage of digital services across the country. India's Unified Payments Interface (UPI) has seen exponential growth, contributing 46% of the global share in real-time digital payments.
This meme coin is aiming for the moon – Dogeverse presale ends in three Days amid 100x price predictions
Dogeverse is gearing up for its highly anticipated launch, with analysts predicting a 100x or more increase in value. Investors have a limited time to participate in the presale, offering $DOGEVERSE tokens at a discounted price.
WienerAI price prediction – Next 100x meme coin?
WienerAI, a meme coin featuring a Wiener dog and AI, is gaining popularity with its presale exceeding $3.1 million. The project includes an AI-powered trading bot, offering an edge in the crypto market.
UPI’s rural push; India as software IPO destination
Happy Wednesday! The country’s central bank wants more rural users to log into Unified Payments Interface (UPI). This and more in today’s ETtech Morning Dispatch.
OpenAI unveils new AI model, releases GPT-4o to all users for free
OpenAI researchers showed off ChatGPT's new voice assistant capabilities. In one demonstration, the ChatGPT voice assistant was able to read out a bedtime story in different voices, emotions and tones.
10 Best Barcode Scanners under Rs. 3000 to Streamline your Business Operations (2024)
Discover the perfect blend of efficiency and affordability with this list of the best barcode scanners under 3000. Explore a range of wired and wireless options, each offering reliable 1D and 2D scanning capabilities without compromising on quality. Whether you are managing inventory in a retail store, tracking assets in a warehouse, or simply need to scan items for personal use, these barcode scanners provide accurate and speedy scanning capabilities. With easy setup and user-friendly interfaces, they streamline your workflow and improve efficiency.
MasterChef Australia contestant stuns judges with Pani Puri, video goes viral
A MasterChef Australia contestant impresses judges with a pani puri presentation, sparking a viral sensation online. The video's popularity underscores the widespread love for this iconic Indian street food.
Internet browser Veera says it has crossed 1 million users
Veera, India's browser, achieves 1 million users in a year with tailored content and ad blocking. Founder Arjun Ghose drives continuous innovation and user experience enhancement to revolutionize the internet browsing experience.
Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users
China's Baidu's Ernie Bot with 200 million users competes with Moonshot AI's Kimi chatbot. Despite approval delays, Kimi gains traction, challenging both Ernie Bot and Western giant OpenAI's ChatGPT.
EU's new tech laws are working as small browsers gain market share
The early results come after the EU's sweeping Digital Markets Act, which aims to remove unfair competition, took effect on March 7, forcing big tech companies to offer mobile users the ability to select from a list of available web browsers from a "choice screen."
WhatsApp outage shakes India: Users react with hilarious memes
The recent WhatsApp outage in India left users unable to access the app on both web and mobile platforms for over an hour. Social media platforms buzzed with humorous memes and jokes under the hashtag #WhatsAppdown. WhatsApp promptly responded, assuring users of restoration efforts, and acknowledged the global impact of the outage.
Zepto’s $300 million funding; Meta taps Reliance for data centre
The Mumbai-based Zepto is eyeing a valuation of around $2.5-3 billion, as against the $1.4 billion it was assigned on turning unicorn last year, sources said. This is a huge bump up amid a largely sluggish funding market even for Zepto which has been growing fast.
Jio 5G user base crosses 100 mn, Airtel at 75 mn
Reliance Jio has reportedly exceeded 100 million 5G subscribers by the end of March, with Bharti Airtel close behind at nearly 75 million. Ookla, a network testing and analytics firm, highlighted Jio and Airtel as key drivers of 5G in India, commending their efforts in rapidly expanding coverage nationwide.
IIT-incubated startup SustLabs aims for $100 million ARR in next five years
SustLabs, founded by Kaushik Bose and Soumya Bhattacharya in 2016, provides an AI stack which makes energy meters smart which can sense and prevent potential electrical hazards.
Nazara Technologies sets aside $100 million for acquisitions
Nazara tech managing director and chief executive Nitish Mittersain told ET in an interaction that the firm’s total cash position stands at Rs 1,500 crore, including funds from its various subsidiaries, from which it is earmarking this amount for buyouts.
Meta’s X rival Threads reaches more than 130 million monthly users
Meta CEO Mark Zuckerberg said during the company's fourth-quarter earnings call that Threads is "growing steadily".
Paytm crosses 100 million users at end-December
Paytm is focussed on acquiring new users who can be monetised, founder Vijay Shekhar Sharma said. Sharma added that by using artificial intelligence in code generation, the company is seeing accelerated deployment of technology updates and is also bringing in operational efficiencies.
Baidu's ChatGPT-like Ernie Bot has over 100 million users, says CTO
Baidu's ChatGPT-like Ernie Bot has reached over 100 million users, the chief technology officer of the Chinese internet giant said on Thursday.
5G has reached 738 districts, around 100 million users so far, govt tells Lok Sabha
As per Minister of State for communications Devusinh Chauhan, as on November 24, 2023, 5G networks have been rolled out in 738 districts across the country and a total of 3,94,298 base stations have been installed with around 100 million subscribers using 5G services.
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