Did you know…
… that today is Gargantua the Gorilla’s Wedding Day? In 1941, Gargantua the Great, “The world’s most terrifying living creature,” was married to Mitoto at the Ringling Brothers’ winter circus headquarters in Sarasota, Florida. And, of course, everybody threw bananas instead of rice at the happy couple. 😉
Today’s Inspirational Quote:
“Now you will feel no rain, for each of you will be shelter for the other. Now you will feel no cold, for each of you will be warmth for the other. Now there is no more loneliness, for each of you will be companion for the other. Now you are two persons, but there is only one life before you. Go now to your dwelling place to begin the days of your life together. May your days together be good and long upon the earth.”
— Apache Blessing
Daily Capsule | 22nd Feb
An invention so good that its creators won’t even release it? This might sound a lot like a sci-fi plot, but this one is as real as real gets. It’s an AI – developed by OpenAI (the non-profit once backed by Elon Musk himself) – capable of generating authentic-looking, well-written text.
Now, it’s fair to question what’s so incredibly awesome about this AI? After all, autocomplete tools function similarly, predicting text and generating responses.
Unlike all these tools, however, OpenAI’s system can produce convincing text across paragraphs; writing fake news articles from just bits and scraps of information. Sounds scary, right? Especially when spread of misinformation is rampant. OpenAI knows this and hence won’t be releasing this AI anytime soon.
But don’t let this clip the flight of your imagination!
Stories you shouldn’t miss
While the government’s gazette notification provided much clarity on Angel Tax, the startup ecosystem is waiting for more clarifications. They are especially looking for clarity on what would happen to the 2,000+ startups who have already received notices from the Income Tax Department. In fact, several investors told YourStory that startups and investors alike were waiting for the DPIIT and the Central Board of Direct Taxes (CBDT) to issue clarifications in this regard and spell out the way forward.
In the battle of innovative smartphone designs and engineering genius, it looks like Samsung has taken a lead with the first foldable device, Galaxy Fold. The device, priced at an eye-watering $1980 (Rs 1,42,000 approx), packs in a host of high-end features, including a 7.3 ich Infinity Flex display, a custom UI, six cameras, App Continuity feature, three-way multitasking option, 12GB RAM, 512GB of storage and more. Phew!
San Francisco and Gurugram-based SilverPush has raised $5 million in Series B from Japan’s marketing company FreakOut Holdings. The fresh funds will be utilised to deploy Artificial Intelligence (AI) and explore the over-the-top (OTT) players in the Asia-Pacific region. SilverPush is an advertising-technology company. Founded by Hitesh Chawla, Mudit Seth and Alex Modon in 2012, it provides cross-device mapping solutions to big brands and helps them understand user behaviour.
Hospitality chain OYO Hotels and Homes has launched operations in the Kingdom of Saudi Arabia. The company has signed deals with 50 hotels in the country for more than 3,000 rooms across seven cities. In addition, OYO has also signed a memorandum of understanding with the Public Investment Fund, Saudi Arabia, to highlight the business potential it sees in the market.
India is in the middle of a smartphone and mobile internet revolution. And yet the women folk in the country are far from embracing this wave of change. According to a GSMA study titled ‘Connected Women 2019 Gender Gap Report’, Indian women are 28 percent less likely than men to own a mobile phone, and 56 percent less likely to use mobile internet. There’s more. The study further indicates that only 59 percent of Indian women own a mobile phone.
AWS in partnership with Omnivore and SatSure is organising AWS AgriTech Day in 3 cities – Mumbai (7th March), Delhi (8th March) and Hyderabad (9th March). This is an opportunity for startup founders, product and technical leaders in the agritech space to collaborate with VCs and enterprises to solve the most critical problems in agriculture in India. Logistics, supply chain and rural focused fintech/banks are also encouraged to participate.
AB InBev has been empowering Indian farmers through its SmartBarley programme since 2013. To further reiterate their commitment, the 4th edition of Barley Growers Day was held on February 20, 2019 at Sri Ganganagar, Rajasthan to celebrate farmers benefiting from the programme. Click here to know the highlights of the event.
Speak less than you know; have more than you show. ~ William Shakespeare
Hey, math lovers! Feeling good about doing a little analysis today? And while we’re there, let’s draw up a few graphs, maybe a nice big Venn diagram for the win. But why stop there when there are algebraic equations that need solving? That’s correct, left-brainers — I’m talking to you!
It’s not just people who love math, but the left-brained zodiac signs in astrology are the ones who aren’t as artistic, but are just as intelligent. The left side of the brain controls analytic thought, logic, language, reasoning, science and math, writing, number skills and right hand control. And while, yes, of course, a human being depends on both sides of his or her brain to function, we do tend to “favor” one side over the other.
For those of us who are left-brain dominant, we tend to be more science- and fact-oriented than we are artistic and imaginative. It’s very easy to spot those who are left-brained; they’re usually more successful than right-brained people, mainly because the uses for the left brain impulses tend to work better in a world that demands cold hard facts over creative, artistic expression.
Art is a fantasy that the left brained have very little tolerance for, just as math is an eternal mystery for the right-brained. Why we tend to be one way over the other is unknown, but I do know that certain zodiac signs show left-brained aspects more than others.
via Under the Sun
|“Whatever title or office we may be privileged to hold, it is what we do that defines who we are … Each of us must decide what kind of person we want to be—what kind of legacy that we want to pass on.”
– Queen Rania Al Abdullah of Jordan
Did you know…
… that today is the birthday of Erma Bombeck (1927)? Erma was an American humorist who achieved great popularity for her newspaper column that described suburban home life humorously from the mid-1960s until the late 1990s. She also published 15 books, most of which became best-sellers. And we still enjoy her writings today! 🙂
Today’s Inspirational Quote:
“Worry is like a rocking chair: it gives you something to do but never gets you anywhere.”
— Erma Bombeck
Maybe she just folds
Under stress, because her strength
Lies in the crease.
Daily Capsule | 21st Feb
Aayega, aayega, tera bhi time aayega!
No, we are not saying this. The message comes straight from the Western Railways and Railway Minister Piyush Goyal, who seem to have caught the ‘Gully Boy’ fever. And why not? Every movie buff is hooked to the foot-tapping playlist from the recent Zoya Akhtar release. And it is about time the government got its groove on as well.
But there’s an interesting twist. Goyal’s version of the rap – ‘Tera Time Aayega’ – doesn’t talk about woke hip-hoppers, but rogue travellers who travel without tickets. Taking a direct potshot at the offenders, the parody video goes on to warn about the ‘Shaana’ (clever) TT, urging people to ‘avoid ticketless travel’.
Speak of a well-timed PSA!
Stories you shouldn’t miss
Sachin Bansal’s investment in Ola made news, but there is more than just that here. From early 2009 to now, Indian startup founders have evolved into seasoned entrepreneurs, and are investing in startups themselves. They have gone from being “startup boys” to venerable names in the global startup ecosystem, and along the way, have created impact, shaping the narrative of the Indian startup ecosystem.
Online wealth management platform Paytm Money announced the appointment of Suresh Vasudevan as its Chief Technology Officer (CTO). In his latest capacity, Suresh will be leading the overall engineering and technology functions at Paytm Money, and will be based out of Bengaluru. Prior to this, he worked at Amazon as the Head of Engineering for Alexa Skills Certification platform.
NASSCOM has revealed that India is the world’s third largest tech startup hub, with over 7,000 product and service startups in operation right now. There’s more. India’s IT-BPM industry is said to have grown by 9.2 percent in 2018-19, during which it created 170,000 new jobs across large and mid-sized enterprises. Most of the job creation is in the field of emerging technologies such as Artificial Intelligence, data analytics, and cybersecurity.
The 2019 general elections are just around the corner, and ahead of the polls, online giants like Facebook and Google have been strengthening rules related to political advertising. The latest one to join this bandwagon is Twitter. Announcing measures to ensure transparency, the micro-blogging site said it will be screening political campaigners before they are allowed to run ads on their services. Furthermore, Twitter will be detailing its users on political ad spends and target demographics.
Until recently, MX Player was just a video playback app, consistently ranking among India’s top 10 downloaded apps on Google Play Store. Things changed when Times Internet acquired the Korean app for Rs 1,000 crore, and announced that MX Player would pivot into the video-streaming space in India. Eight months on, MX Player has now relaunched as an OTT platform and released five web shows under the label ‘MX Original Series’.
Naspers-owned PayU announced the appointment of Anirban Mukherjee as Chief Executive Officer of PayU India. Anirban will be taking over from Amrish Rau, who is moving on to a bigger global role with Naspers’ fintech practice, as its Head of financial technology partnerships and investments. With two decades of experience in global payments, credit, and digital banking, Anirban will be responsible for all the operations and business lines of PayU India.
Alibaba-backed XpressBees has raised Rs 35 crore from venture debt capital firm InnoVen Capital. Founded by Amitava Saha, Co-founder of FirstCry, and Supam Maheshwari in 2012, the startup currently provides logistics services to companies including Paytm, Flipkart, Snapdeal and Reliance. Among its offerings are reverse logistics, real-time tracking and multiple payment collection options.
Technology has transformed the world more dramatically than any other revolution in history and is one of the fastest-growing sectors in the global economy. However, at a time when opportunity has never been greater, women are retreating from the fields of science and technology at alarming rates. The India Skills Forum: Advancing Innovation & Inclusion will focus on upskilling & enabling women in technology. The mission to build a stronger workforce, ready for the challenges of the 21st century digital economy just got a new platform #IndiaSkillsForum.
Are you promoting alternative and new construction technologies to reduce the time and cost of construction? Do you have better livability solutions for communities? If you’re solving this and many other challenges in the housing sector, the ShelterTech Accelerator programme is for you. Apply before March 6, 2019 and get access to a network of 300+ founders, seed funds worth Rs 75 lakh, customised support, and more.
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|“The main reason nerds are unpopular is that they have other things to think about.”
“If you want to make money at some point, remember this, because this is one of the reasons startups win. Big companies want to decrease the standard deviation of design outcomes because they want to avoid disasters. But when you damp oscillations, you lose the high points as well as the low. This is not a problem for big companies, because they don’t win by making great products. Big companies win by sucking less than other big companies.”
– Paul Graham
“Kindness is one of the greatest gifts you can bestow upon another. If someone is in need, lend them a helping hand. Do not wait for a thank you. True kindness lies within the act of giving without the expectation of something in return.”
Did you know…
… that today is African Queen Day? In 1952, John Huston’s classic movie, “The African Queen,” premiered at the Capitol Theater in New York City. Humphrey Bogart and Katharine Hepburn starred. Celebrate today by watching some good ol’ late night television movies!