Top News of the Day: 1. Aakash Chaudhry, the successful education entrepreneur, has secured backing from Deepinder Goyal and Nithin Kamath for his new venture, Sparkl Edventure. 2. Singapore Post Ltd. (SingPost) has fired its CEO, Vincent Phang, and other senior executives following allegations of misconduct in its e-commerce logistics operations. 3. South Korean researchers from the Exoskeleton Laboratory at KAIST have developed a lightweight wearable robot called the WalkON Suit F1. The robot is designed to help paraplegic individuals walk 4. Albanian Prime Minister Edi Rama defended the country's ban on TikTok, stating that it was not a hasty decision made in response to a single incident. 5. President-elect Donald Trump expressed his support for allowing TikTok to continue operating in the United States, citing the billions of views he received on the platform during his campaign. 6. President-elect Donald Trump expressed his support for allowing TikTok to continue operating in the United States, citing the billions of views he received on the platform during his campaign. 7. Elon Musk and Jeff Bezos, two of the world's wealthiest individuals due to their technology companies, are engaged in a space race. Bezos' company, Blue Origin, is set to launch the New Glenn rocket. 8. Elon Musk’s X hikes subscription prices in India by 35 percent 9. After achieving two-fold growth in FY22 and FY23, electric vehicle maker Ampere experienced a 46% decline in revenue in FY24, with scooter sales plummeting by nearly 60% 10. Mintifi reports Rs 92 Cr PAT on Rs 384 Cr revenue in FY24 11. Indian fabless semiconductor design startup, Mindgrove Technologies, has raised $8 million in a Series A funding round led by Rocketship.vc and Speciale Invest. 12. Full-stack online travel aggregator (OTA) Ixigo has launched a travel guarantee feature for train travelers, positioning itself as a direct competitor to its arch-rival, MakeMyTrip. 13. Apple working on smart door bell with iPhone like Face ID, tipped for 2025 launch. 14. Mumbai-based Sardar Patel Institute of Technology (SPIT) celebrated its Annual Alumni Reunion on December 21, 2024, where PhonePe co-founders Sameer Nigam and Rahul Chari announced a $1 million grant 15. Sustainable investment platform SustVest has raised $1.7 million in its pre-Series A round in mix of equity and debt led by Inflection Point Ventures and Antler along with participation from WEH ventures 16. Elon Musk, who will be leading the Department of Government Efficiency under President-elect Donald Trump, has criticized the Federal Reserve for being "absurdly overstaffed." 17. Retail advisory platform Univest has raised $10 million in a Series A funding round led by Bertelsmann India Investments (BII). 18. The Karnataka government has approved nine projects, including the state's first semiconductor project near Mysuru. Silectric Semiconductor will invest Rs 3,426 crore in the project, creating around 460 jobs. 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.
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