Post on Medial

Top News of the Day: 1. Chinese tech company ByteDance has launched a software called Jimeng AI that can generate videos based on text prompts. 2. A US District Judge criticized Google for alleged evidence obscuring and abuse of legal communication protections in relation to a recent antitrust case 3. Dilip Asbe, CEO of the National Payments Corporation of India (NPCI), has set a new target for India's payment vision of achieving 100 billion transactions per month. 4. Healthtech startup Visit Health announces Rs 250 crore fundraise, second Esop buyback 5. The government-supported ecommerce platform, Open Network for Digital Commerce (ONDC), is expanding its spiritual services offerings by partnering with Vama.app. 6. Elon Musk's social media platform X is suing a group of advertisers, claiming that a major advertiser boycott has cost the company billions of dollars in revenue and violated antitrust laws 7. Social media platform Reddit has forecasted higher-than-expected revenue for the third quarter, indicating increased interest from advertisers in the recovering digital ad market. 8. Kindlife.in, a platform for beauty, wellness and health, has raised $8 million in its Series A 9. Google's loss in an antitrust trial is likely to have wide-ranging repercussions for the tech industry. 10. Tesla is recalling more than 1.6 million cars in China for a remote software fix 11. Workers at the first unionized Apple Store in the US, located in Towson, Maryland, have ratified a labor contract with the tech giant. 12. WhatsApp is reportedly working on a new feature that will allow users to have real-time voice conversations with the chatbot, Meta AI 13. Dell cuts 10% workers in sales team reorganisation with new AI-focused unit 14. SoftBank Group, a Japanese technology investor, reported a net profit of 10.4 billion yen ($70.7 million) for the April-June quarter 15. Nvidia, a leader in computer chips for artificial intelligence (AI), is facing increasing government scrutiny. 16. Digital healthcare startup Karma Primary Healthcare has secured Rs 11 crore (nearly $1.3 million) in Series A 17. Fintech startup FINQY has raised $2 million in a new round from Angel Bay India Accelerator, Family Offices and private investors 18. Lab-grown jewellery brand Aukera has raised Rs 26.7 crore (approximately $3.2 million) in its Series A round led by Fireside Ventures. 19. Indian fintech startup Niyo has launched a flight booking platform and a visa booking product on its app. 20. BlueBinaries Secures INR 60 Cr For Mobility Tech Upgrade 21. Microsoft has been ranked as the most attractive employer brand in India, according to the Randstad Employer Brand Research (REBR) 2024. 22. Blitzscale Technology, the parent of company WMall and ShopDeck, has raised Rs 65.2 crore (approximately $7.85 million) in a new round. 23. Zomato customers can now add any remaining cash from cash on delivery orders to their 'Zomato Money' account. 24. Mexican fintech Stori to broaden offerings with fresh $212 million funding 25. According to the minister of state for electronics and information technology, Jitin Prasada, more than 43,000 people are involved in manufacturing Apple's iPhones in Tamil Nadu. 26. Country Delight’s revenue spikes 46% to Rs 1,380 cr Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.