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Under RFK Jr., COVID shots will only be available to people 65+, high-risk groups

Arstechnica

Arstechnica · 1m ago

Under RFK Jr., COVID shots will only be available to people 65+, high-risk groups

Under the leadership of Robert F. Kennedy Jr., the FDA is restricting access to COVID-19 vaccines, limiting them to individuals aged 65 and older and those with high-risk conditions. This decision bypasses usual advisory committee consultations. The new framework demands extensive trials for vaccine approval in healthy individuals under 65, posing challenges for vaccine manufacturers. Critics argue this approach echoes Kennedy's anti-vaccine stance and could impact public trust in vaccinations broadly.

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Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge

Entrackr

Entrackr · 1m ago

Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge

Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge Hyderabad-based microdrama over the top (OTT) platform Chai Shots is raising $5 million in its maiden funding round, two sources aware of the development told Entrackr. “General Catalyst along with Info Edge are in advanced stages of closing a new funding round in Chai Shots,” said a source requesting anonymity. “A few angel investors may also participate.” Chai Shots is a short-video streaming platform with episodes under two minutes, available in several Indian languages. The platform is created by the team behind Chai Bisket, a popular digital media and storytelling company. The Chai Bisket team has built a content ecosystem over nine years, covering reels, podcasts, films, and regional stories through platforms like First Show, Mutiny Talent, Studio Panchatantra, and Chai Shots. The Chai Shots platform is still being developed and is expected to launch soon. “The official launch and funding announcement might take a few weeks,” said another source. The person also mentioned that interest in this space is growing, and a few more startups are likely to raise funds soon. Earlier this week, Flick TV, a similar startup, raised $2.3 million in seed funding led by Stellaris Venture Partners, with participation from Gemba Capital and Titan Capital. Chai Shots will also face competition from Kuku FM’s Kuku TV, ShareChat’s QuickTV, Reel Saga, and Reelies. Queries sent to Chai Shots, General Catalyst, and Info Edge did not elicit a response until publication of the story.

Meta launches new WhatsApp app for Mac users

Economic Times

Economic Times · 1y ago

Meta launches new WhatsApp app for Mac users

Mark Zuckerberg's Meta has launched a new WhatsApp application for Mac users, offering group calling features with up to 8 people on video calls and 32 people on audio calls. The app, also available for Windows, allows sharing files through drag-and-drop and offers a familiar interface for Mac users. The application maintains end-to-end encryption across devices. Additionally, Zuckerberg announced that users can now create unnamed groups on WhatsApp, with dynamic naming based on participants. The Mac app is downloadable from WhatsApp's website and will be available on the App Store soon.

Meta's 'consent or pay' data grab in EU faces fresh charges of privacy coercion

TechCrunch · 1y ago

Meta's 'consent or pay' data grab in EU faces fresh charges of privacy coercion

Consumer rights groups in the European Union have filed complaints against Meta, owner of Facebook and Instagram, over the company's controversial "consent or pay" model. Meta charges regional users €9.99/month for an ad-free option, but the only other choice for EU users is to agree to be tracked. Consumer groups argue that Meta's model does not meet the requirements for valid consent under the bloc's General Data Protection Regulation (GDPR), and the groups accuse the company of violating GDPR principles. This latest action adds to the mounting scrutiny faced by Meta over its privacy practices and ad-targeting methods.

AI will change the quality, accessibility of digital education: Coursera CEO

Economic Times

Economic Times · 1y ago

AI will change the quality, accessibility of digital education: Coursera CEO

According to Jeff Maggioncalda, CEO of Coursera, access to digital education will play a crucial role in unlocking India's economic potential. He believes that generative artificial intelligence (GenAI) can bridge the gap between average and high performers, making the world a more equal place. COVID-19 has paved the way for online education and remote work opportunities, offering a unique advantage to the people of India. Furthermore, AI will not only create the need for upskilling but also improve the quality and affordability of education. Coursera aims to assist businesses in training employees through its GenAI academy and help organizations reskill and redeploy their staff through its career academy.

WhatsApp rolling out new voice chat feature with large groups

Economic Times

Economic Times · 1y ago

WhatsApp rolling out new voice chat feature with large groups

WhatsApp is introducing a new voice chat feature that allows users to connect with large groups in a less disruptive manner. With voice chats, users can talk live with group members while still messaging in the group. Notifications and in-chat bubbles will be sent to members to join the voice chat, and a banner at the bottom of the screen will display who has joined. The feature is limited to groups of 33 to 128 people and will be available on iOS and Android devices in the coming weeks.

Delhi HC Asks Meta, Telegram To Suspend Accounts Using Peak XV, Sequoia’s Name To Cheat People

Inc42 · 1y ago

Delhi HC Asks Meta, Telegram To Suspend Accounts Using Peak XV, Sequoia’s Name To Cheat People

The Delhi High Court has ordered Meta (formerly Facebook) to delete WhatsApp groups and remove or block access to accounts associated with mobile numbers allegedly used to cheat people using the names of private equity firms Peak XV Partners and Sequoia Capital. The court also directed Telegram to delete channels and groups involved in the matter and asked Alibaba to suspend and block access to a fraudulent website. IndusInd Bank was asked to suspend certain UPI (Unified Payments Interface) IDs associated with the fraudulent activities.

WhiteHat Jr founder Karan Bajaj raises $16 Mn for new startup Complement1

Entrackr

Entrackr · 2m ago

WhiteHat Jr founder Karan Bajaj raises $16 Mn for new startup Complement1

WhiteHat Jr founder Karan Bajaj raises $16 Mn for new startup Complement1 WhiteHat Jr was acquired by Byju’s for $300 million three years ago. At the time, its CEO Karan Bajaj went on to lead Byju’s Future School before leaving the company in August 2021. Karan Bajaj, the co-founder of Byju’s-owned WhiteHat Jr, has raised $16 million in seed funding for his new startup Complement1. The round was led by Owl Ventures and Blume Ventures, with participation from other undisclosed investors. Complement1 is a cancer care startup focusing on personalized lifestyle coaching in the United States. According to the company, it is emerging from stealth to launch the first tech-enabled, clinically validated lifestyle modification platform for cancer patients and high-risk individuals—delivering personalized, daily guidance and education through one-on-one dedicated CoActive Coaches. “Lifestyle change is one of the most powerful yet underused tools in cancer care,” said Karan Bajaj, CEO and co-founder of Complement 1. “Every oncologist will tell you patients need more support incorporating clinically recommended physical activity, nutrition and mind-body practices. We’ve cracked the code on daily engagement with personalized, compassionate coaching—helping patients make meaningful, lasting improvements during and beyond treatment.” With this fundraise, Complement 1 plans to scale up its coaching infrastructure and operations across the United States, advance its AI-driven personalization engine, and partner with cancer centers, health plans, and employers to bring the program to their cancer patients, high-risk individuals, and survivors. A part of this funding company will also go towards product development to enhance the digital user experience for both patients and coaches.

Insurance regulator IRDAI abolishes age restriction on health insurance product

Money Control

Money Control · 1y ago

Insurance regulator IRDAI abolishes age restriction on health insurance product

The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age limit of 65 years for individuals purchasing health insurance policies in order to foster a more inclusive healthcare ecosystem. Under the new guidelines, insurers are required to offer health insurance products for all age groups and cannot refuse coverage based on pre-existing medical conditions. Additionally, insurers can offer premium payment in instalments and there is no limit on coverage for AYUSH treatments. The regulation also aims to provide a specialized channel for handling claims and complaints from senior citizens.

Racist, sexist, casteist: Is AI bad news for India?

Economic Times

Economic Times · 1y ago

Racist, sexist, casteist: Is AI bad news for India?

India's increasing use of AI, including facial recognition technology, raises concerns about bias and discrimination. Critics argue that AI systems, trained on biased data, risk marginalizing and criminalizing minority groups, including Muslims, Dalits, and Indigenous people. These concerns extend to areas like healthcare, policing, and generative AI applications, potentially exacerbating inequalities in an already divided society. India lacks an official policy for the ethical use of AI, highlighting the need for a more comprehensive approach to AI regulation and accountability.

Ashwini Agarwal recommends balanced equity allocation amid lofty valuations

Economic Times

Economic Times · 23d ago

Ashwini Agarwal recommends balanced equity allocation amid lofty valuations

Ashwini Agarwal of Demeter Advisors advises a balanced equity allocation amid high valuations, advocating regular market investments over staying in cash to capture growth opportunities. He highlights the potential of chemical and pharmaceutical sectors, noting shifts like brand premium contractions in pharma and normalized trajectories in chemicals post-COVID. Despite possible market fluctuations due to geopolitical or economic changes, Agarwal emphasizes the benefits of "buy the dips" for investors with appropriate risk tolerance.

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