Here are the top trending stories from the world of technology. Stories that we feel every tech enthusiast should keep a tab on.
1)
TikTok Outlawed on all American Govt Issued Smartphones
U.S. lawmakers and Congress members can no longer use TikTok on their devices. This after the U.S. Congress passed a bill to include TikTok on Government Devices Act. This basically implies that henceforth the popular short video app will be banned on all official devices issued by the American government. The ban also extends to the organizations and agencies that are affiliated to the U.S. government. TikTok’s alleged breach of data privacy has been one of the hot topics in the U.S. in recent months and many believed that it was only a matter of time that the American government would impose some kind of ban on the popular short video app.
2)
Amazon planning a Dedicated app for Sports Content
E commerce giant Amazon is reportedly planning to dabble into sports content for catering to the live sports market in the U.S. According to unconfirmed reports in the US media, the Jeff Bezos led company is currently working on creating a standalone app for viewing live sports content. This news comes exactly a week after Google owned YouTube announced that it has signed a multi-year deal to exclusively stream NFL’s Sunday games. However, there is still no clarity as to when Amazon might launch this app. Sports remain one of the biggest attraction for the OTT players especially with American audiences increasingly switching from pay TV subscription to streaming apps.
3)
Twitter Experiences First Ever Global Outage Under Elon Musk Leadership
Twitter suffered a major outage on Wednesday and then meant that tens of thousands of users spread across the world were finding it difficult to access the social media platforms. According to Downdetector, Twitter’s downtime lasted for several hours and was sharply experienced in several countries including the U.S., Japan, UK and India. Just hours after the global outage was reported, Twitter’s new owner Elon Musk reported that “significant backend server architecture changes rolled out. Twitter should feel safer.” However, he did not mention anything about the outage in his tweet. Notably, this is the major outage that Twitter has experienced under the leadership of Elon Musk.
4)
Binance now offers Apple and Google Pay Payment Options
The crypto exchange platform Binance has announced that the users can now purchase cryptocurrencies using both Apple Pay and Google Pay options. Adding popular payment options on its platform will help in increasing the relevancy and popularity of cryptocurrency. The development comes at a time when cryptos are suffering from credibility crisis in the after of recent crash in crypto prices and the FTX scandal saga. Binance’s founder and CEO Changpeng Zhao has said that despite tough times Binance remains strong as ever before and will continue to grow stronger in the coming years.
5)
Personal & Beauty Care Startup ‘Mamaearth’ Files for IPO
Mamaearth, which was the first official unicorn of 2022, has filed for a IPO to raise nearly Rs 400 crore from the capital market. If Mamaearth’s IPO goes through then it will become the first new age D2C company to file for a public issue in India. Mamaearth’s sells personal and cosmetic products, which the company claims are 100% organic. Several high profile individual investors including Snapdeal’s Rohit Bhansal and Kunal Bhansal as well as Bollywood actress Shilpa Shetty will sell their stake during the IPO proceedings. Barring few startups, most startups that have gone public during the span of last one year are currently trading below their IPO price.
