Top 10 American Unicorn In 2024 By Market Capitalization
The growing trend of startups has changed the business landscape of countries worldwide, and the USA is no different. Currently, there are more than 80k startups in the USA, and most of these startups have emerged from Silicon Valley. However, the survival rate of these startups is quite scarce. According to various sources, 80% of…
X Factor of Tweets
On 21st March 2006, Jack Dorsey, the Co-founder and former CEO of Twitter, Inc.(in April 2023 Twitter was officially rebranded as X), made the first tweet on the microblogging site of Twitter. The innocuous tweet of Dorsy, who is also the Co-founder, Principal Executive Officer and Chairperson of Block, Inc. and Co-Founder and CEO of CashApp, reads: “just…
India’s Import Tax Cuts Present An Opportunity For Tesla
Last Friday, the Indian government announced that it would cut the import tax on vehicles, which is exactly what electric car manufacturers like Tesla and other competitors are looking for to get their foot set in the third-largest car market in the world. For years now, the import tax in India has been very hefty….
How to Calculate Net Worth! What’s Your Financial Status?
The world’s richest person, Elon Musk, has a net worth of $215.6 billion. But do you know how to calculate net worth? While “Net Worth” is mostly used with big influential people, businessmen, and celebrities, understanding this concept is important for everyone. It helps you determine where you stand financially and provides a road map…
Reshaping Reality With Deepfake Technology
Deepfake technology, artificial but hyper-realistic media created by algorithms, is one of the recent technological advancements in artificial intelligence that presents a larger risk for organisations. This new advancement is amplified by lightning speed and the broader reach of social media, which can reach millions of people in no time and create market deceptions. A…
Tesla To Source Automobile Parts Worth $1.9 Billion This Year
On Wednesday, Commerce Minister Piyush Goyal revealed that the Tesla Inc has planned to source automobile parts worth up to $1.9 billion this year from India. Basically, this move of the electric vehicle giant is set to boost the country’s automobile industry and reflects the growing interest of the global industries in India as a…
Ukraine Satellite Services Contract Awarded To SpaceX’s Starlink
It was getting expensive to fuel Starlink in Ukraine, an endeavour that was burning more than 20 million dollars per month on average. The CEO, Elon Musk, had clearly stated that he couldn’t continue to fund Starlink if things followed a similar trend. However, Starlink’s operation in Ukraine will not come to a halt because…
ChatGPT Sets New Record: 100 Million Users Registered
Within two months of its launch, the chatbot by OpenAI became the fastest-growing internet application ever to exist. According to research by Similarweb, the chatbot had 590 million visits by 100 million users in the month of January. AI Chatbot was made available for free in the public domain in the month of November last…