Wednesday 31 May 2023
Manchu Mohan Babu: రూ.100 కోట్ల బడ్జెట్తో సినిమా తీయబోతున్నాం: మంచు మోహన్ బాబు
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/GKi7lD3
A Stockmarket Interview You Must Read!
from rediff Top Interviews https://ift.tt/HeRto9L
Naresh: పవిత్రా లోకేష్తో దగ్గరుండి పరీక్షలు రాయించిన నరేష్.. గ్రేట్ అంటున్న నెటిజన్స్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/e8O7r9t
Naresh: ఆయన ఆశీస్సులు నాకెప్పుడూ ఉంటాయి.. కృష్ణను గుర్తుచేసుకుంటూ ఫ్యామిలీ ఫొటోలు వదిలిన నరేష్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/2qWDShZ
Ugram OTT Release: అల్లరి నరేష్ ‘ఉగ్రం’ ఓటీటీ రిలీజ్ డేట్.. త్వరగానే వచ్చేస్తుందిగా!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/SvV7yW5
Mokshagna: మోక్షజ్ఞ యాక్టింగ్ స్కిల్స్పై బెల్లంకొండ హీరో కామెంట్స్.. కనుబొమ్మలతో చేయగల సత్తా!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/jQFHDaq
Hathavidi Song: హతవిధీ.. నవీన్ పొలిశెట్టి లవ్ ట్రబుల్స్.. ధనుష్ ఎంత బాగా చెప్పాడో!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/z43ODer
'Anti-national elements will exploit Manipur clashes'
from rediff Top Interviews https://ift.tt/Jd2UHz7
Tuesday 30 May 2023
Mahesh Babu: ఇది నీ కోసమే నాన్న.. తండ్రిని స్మరిస్తూ మహేష్ బాబు SSMB28 పోస్టర్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/P0xot6O
Teja: సురేష్ కొండేటిని భయపెట్టిన తేజ.. మొత్తానికి అసలు నిజం కక్కించాడు!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/eGBhj3S
'Let the PM be a woman!'
from rediff Top Interviews https://ift.tt/dG6aEtf
Akhanda Producer: ఇండస్ట్రీకి మరో PK.. ‘అఖండ’ నిర్మాత మాస్టర్ ప్లాన్!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/kHnsfoA
Sarathkumar - నన్ను సీఎంని చేస్తే ఒక మనిషి 150 ఏళ్లు జీవించే రహస్యం చెప్తా: శరత్కుమార్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/9zUbZ4V
Naatu Naatu: ‘నాటు నాటు’ పాటకు పేరడీ చేసిన ఉక్రెయిన్ ఆర్మీ.. ఇక్కడ విలన్ రష్యన్!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/Hn7GTNx
Monday 29 May 2023
Rajalakshmi Senthil: 32 ఏళ్ల వయసులో హీరోయిన్గా ‘పుష్ప’ సింగర్ తెరంగేట్రం.. ఆమె ఇద్దరి పిల్లల తల్లి!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/wT2yoBU
Koti: ఆస్ట్రేలియాలో కోటికి అరుదైన గౌరవం.. జీవిత సాఫల్య పురస్కారం అందుకున్న సంగీత దర్శకుడు
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/ZOCmUDB
Samantha: సమంత ‘చెన్నై స్టోరీ’.. ఈసారి ఇంగ్లీష్లో స్టార్ట్ చేస్తున్న బ్యూటీ!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/ZRTL509
Balakrishna: ఎప్పుడు టైమ్ ఇస్తే అప్పుడు స్టార్ట్ చేస్తా.. బాలకృష్ణతో సినిమాపై ప్రశాంత్ వర్మ క్లారిటీ
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/dgLz0eH
Sunny Leone Reports From Cannes!
from rediff Top Interviews https://ift.tt/Oo9hNMX
Sunday 28 May 2023
Bro The Avatar: అదిరిపోయే అప్డేట్ 'బ్రో'.. పవర్స్టార్ లుక్ వేరే లెవల్ అంతే!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/f9vaxLQ
BJP MLA: 'How Will Amit Shah's Visit Help Manipur?'
from rediff Top Interviews https://ift.tt/cCdsfRj
NTR: ఫ్యామిలీతో కలిసి వెకేషన్కు వెళ్లిన NTR.. మరి షూటింగ్?
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/nwAImcU
Kamal Haasan: ‘ది కేరళ స్టోరీ’పై కమల్ హాసన్.. నిజం ఎక్కడుందని కామెంట్.. స్పందించిన డైరెక్టర్!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/ID3JgaR
RGV: జూనియర్ ఎన్టీఆరే ఒక్క మగాడు.. అందుకే వాళ్లతో వేదిక పంచుకోలేదు: ఆర్జీవీ
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/RGJYbno
Ram Charan: నిఖిల్తో రామ్ చరణ్ సినిమా.. ఇంట్రెస్టింగ్ టైటిల్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/Qu7Ivhj
NTR - Chiranjeevi: నూటికో కోటికో ఒక్కరు.. చరిత్ర గర్వంగా చెబుతుంది: చిరంజీవి
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/SapP6Ah
Saturday 27 May 2023
Sharwanand: హీరో శర్వానంద్ కారుకి యాక్సిడెంట్.. టెన్షన్లో ఫ్యాన్స్!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/DhZoW4n
Jr NTR: ఎన్టీఆర్ ఘాట్ వద్ద తారక్.. ‘సీఎం సీఎం’ అంటూ నినాదాలు
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/qGdE0oj
Keerthy Suresh: అక్క కోసం తిరుమల వెళ్లిన కీర్తి సురేష్.. ఫొటోల కోసం ఎగబడిన జనం
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/KjbCrow
Bichagadu 2: యాచకులను రెస్టారెంట్కు తీసుకెళ్లిన ‘బిచ్చగాడు’.. స్వయంగా వడ్డించిన విజయ్ ఆంటోని
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/2LOWGVq
Bandla Ganesh: ‘ఏంది బ్రో ఇంత మాట అన్నావ్’.. త్రివిక్రమ్పై ఆగని బండ్ల గణేష్ ట్వీట్స్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/IlBXzgS
Jr NTR: ఎన్టీఆర్ శతజయంతికి పిలిస్తే ఫ్యామిలీ ట్రిప్ అన్నారు.. జూ.ఎన్టీఆర్పై టీడీ జనార్థన్ కీలక వ్యాఖ్యలు
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/3CqTLKv
Friday 26 May 2023
Bellamkonda Ganesh - బాలకృష్ణ కాల్పుల వివాదాన్ని గుర్తు తెచ్చుకోవాల్సిన అవసరం లేదనిపించింది: బెల్లం కొండ గణేష్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/sk8OfU3
SSMB 28: సూపర్ స్టార్ మహేష్ మాస్ స్ట్రైక్ ఫిక్స్.. ఫ్యాన్స్కి పూనకాలే
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/1gm7Ovx
Nandamuri Balakrishna: ‘నరసింహనాయుడు’ రీ రిలీజ్.. డేట్ ఫిక్స్ చేసిన నందమూరి ఫ్యాన్స్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/uwrefpl
Naresh - నరేష్ ఎవరు.. ఆయనెవరో మాకు తెలీదు: కృష్ణ సోదరుడు ఆదిశేషగిరిరావు
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/zuSrWkC
Niharika Konidela: శ్రీవారిని దర్శించుకున్న నాగబాబు అల్లుడు.. నిహారిక ఎక్కడ?
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/xtP9WsA
Dimple Hayathi: డింపుల్ హయాతి ఇంట్లోకి దూరిన ఇద్దరు వ్యక్తులు.. కుక్క తరమడంతో..!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/UCdQqJ1
'Dad said I'm not going to help you'
from rediff Top Interviews https://ift.tt/YDPtvKE
Thursday 25 May 2023
Bandla Ganesh: గురూజీకి కాస్ట్లీ గిఫ్ట్ ఇవ్వు.. భార్యాభర్తలను వేరుచేస్తాడు.. బండ్లన్న ఇలా తగులుకున్నాడేంటి!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/FdMPqyi
Why President, Not PM, Must Inaugurate New Parliament
from rediff Top Interviews https://ift.tt/JsoWI6D
Virupaksha: అసలు విలన్ యాంకర్ శ్యామలే..సుకుమార్ చేసిన మార్పుపై కార్తీక్ దండు ఏమన్నారంటే!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/uN8WlUr
Ram Charan: కొత్త బ్యానర్ స్టార్ చేస్తోన్న రామ్ చరణ్.. కారణమేంటంటే!
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/xAZGbHV
'Congress has tied its future to one family...'
from rediff Top Interviews https://ift.tt/x6KWvMg
Wednesday 24 May 2023
Bichagadu 3: మరో సామాజిక సమస్యతో ‘బిచ్చగాడు 3’.. విజయ్ ఆంటోని క్లారిటీ
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/DAURfPo
Balakrishna: బోయపాటితో బాలయ్య ‘లెజెండ్ 2’.. 2024 ఎలక్షన్ టార్గెట్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/KNFM6Yn
Adah Sharma: ఆదా శర్మకు నెట్టింట వేధింపులు.. కాంటాక్ట్ డీటెయిల్స్ లీక్ కావడంతో..
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/gBD7H8M
Meta Sells Giphy to Shutterstock for $53 Million to Comply With UK Regulator Order
Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.
Britain's competition regulator last year ordered Meta to sell Giphy over fears that it could deny or limit competitors such as Snapchat and Twitter access to the target's content.
Meta had reportedly paid $400 million (roughly Rs. 3,300 crore) for New York-based Giphy in 2020. A year later the deal was challenged by Britain's Competition and Markets Authority and its successful campaign was the first time a regulator had forced a U.S. tech giant to sell an already acquired company.
Shares of Shutterstock, which expects the deal to close next month, rose as much as 4 percent premarket.
The company said Giphy would add "minimal" revenue this year and it would launch efforts to increase revenue from 2024.
"This is an exciting next step in Shutterstock's journey as an end-to-end creative platform," said Shutterstock CEO Paul Hennessy.
Giphy boasts of the world's largest repository of animated images, popularly called GIFs, and web-based stickers which are used on platforms such as Facebook, Instagram, TikTok and Microsoft Teams.
Its content, which also includes official submissions from media firms such as Disney and Netflix, garners 15 billion daily impressions.
The Giphy deal will allow access to about 1.7 billion daily users, Shutterstock said.
© Thomson Reuters 2023
from Gadgets 360 https://ift.tt/D6mZUAk
Tuesday 23 May 2023
ఆ ప్రచారం తప్పు.. కృష్ణ పార్థివదేహాన్ని గచ్చిబౌలి స్టేడియంకు అందుకే తీసుకెళ్లలేదు: ఆదిశేషగిరిరావు
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/ghjPTv7
Netflix Expands Crackdown on Password Sharing; Alerts Users in Over 100 Countries
Netflix on Tuesday expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their accounts cannot be shared for free outside of their households.
The streaming video pioneer has been looking for new ways to make money as it faces signs of market saturation, with efforts including limits on password borrowing and a new ad-supported option.
Netflix on Tuesday said it was sending emails about account sharing to customers in 103 countries and territories, including the United States, Britain, France, Germany, Australia, Singapore, Mexico and Brazil.
The emails state that a Netflix account should only be used in one household. Paying customers can add a member outside of their homes for an additional fee. In the United States, the fee is $8 (roughly Rs. 700) per month.
Members can also transfer a person's profile so the user can keep their viewing history and recommendations.
Netflix last year said it was going to limit account sharing and was testing various approaches in some markets.
The company had estimated that more than 100 million households had supplied their log-in credentials to friends and family outside their homes. As of the end of March, Netflix's paying customers totalled 232.5 million globally.
Under the new policies, people within the same household can continue sharing a Netflix account and can use it on various devices when travelling, the company said.
© Thomson Reuters 2023
from Gadgets 360 https://ift.tt/HFyrA9X
'The story of inflation is not yet over'
from rediff Top Interviews https://ift.tt/7ykfTmV
26/11: 'Rana's extradition is not an easy matter'
from rediff Top Interviews https://ift.tt/INt9AP7
నాన్న ఏడో తరగతి.. అమ్మ టెన్త్.. నన్ను ఎస్ఐని చేద్దామనుకున్నారు: ‘మేమ్ ఫేమస్’ హీరో
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/gvG19ok
Janhvi Kapoor: ఎయిర్పోర్ట్కు దిండు తెచ్చుకున్న జాన్వీ కపూర్.. వీడియో వైరల్!
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Monday 22 May 2023
Judge Dismisses Lawsuit That Alleges Elon Musk Cheated Shareholders Several Times During Twitter Buyout
A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion (roughly Rs. 3,61,687 crore).
In a decision on Monday, US District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he challenged "wrongs associated with" Musk's buyout, not the fairness of the buyout itself.
Breyer said Heresniak did not show harm from Musk's belated disclosure of a 9.2 percent Twitter stake, which the suit said let him buy more shares at lower prices before the buyout was announced, or from the closing's taking place 1 1/2 months later than planned.
The judge also found no proof that Musk helped two friends then on Twitter's board, co-founder Jack Dorsey and Silver Lake private equity firm managing partner Egon Durban, breach their fiduciary duties by favoring their own and Musk's interests.
Breyer said letting Dorsey roll over his approximately $1 billion (roughly Rs. 8,210 crore) of Twitter shares into an equity stake in the new company merely reduced how much Musk had to pay at closing, and did not "improperly divert" money from other shareholders.
Heresniak's lawyers did not immediately respond to requests for comment outside of business hours.
Musk also runs the electric car company Tesla and is the world's second-richest person, according to Forbes magazine.
Lawyers for Musk, two of his holding companies, and Twitter did not immediately respond to requests for comment.
In a March 3 court filing, they called Heresniak's claims "a disjointed laundry list of - often irrelevant - grievances against Elon Musk."
Heresniak sued on May 25, 2022, one month after Twitter accepted Musk's $54.20 (roughly Rs. 4,488) per share buyout offer. The transaction closed on October 27.
Twitter has since struggled to maintain ad revenue, with some advertisers expressing concern that loosened content rules could leave their ads associated with hate speech or other "wrong messages."
On May 12, Musk named former NBCUniversal advertising chief Linda Yaccarino as Twitter's new chief executive.
The case is Heresniak v Musk et al, US District Court, Northern District of California, No. 22-03074.
© Thomson Reuters 2023
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Sarath Babu: చివరి కోరిక తీరకుండానే కన్నుమూసిన శరత్ బాబు
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Dimple Hayathi: వివాదంలో హీరోయిన్ డింపుల్ హయాతి...కేసు నమోదు
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'Hindutva Will Not Get BJP One Extra Vote'
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iQoo Z7s 5G With 64-Megapixel Camera, 44W Fast Charging Launched in India: Price, Specifications
iQoo Z7s 5G was launched in India on Monday. The smartphone is the latest addition to the iQoo Z7 series. The company launched the iQoo Z7 5G model earlier this year, with a MediaTek Dimensity 920 SoC and a 4,500mAh Li-ion battery unit with 44W Flash Charge support. The newly-launched iQoo Z7s 5G also packs a 4,500mAh battery and is equipped with 44W wired fast charging support. However, the phone is powered by Qualcomm's octa-core Snapdragon 695 SoC. The handset comes in two RAM variants and is offered in two colour options.
iQoo Z7s 5G price in India, availability
The newest Z-series smartphone is offered in two RAM variants - 6GB and 8GB, both paired with 128GB of inbuilt storage. The base iQoo Z7s 5G is priced at Rs. 18,999, while the 8GB variant is marked at Rs. 19,999. The handset is available for purchase on the official iQoo website and through Amazon.
The iQoo Z7s 5G is offered in two colour options - Norway Blue and Pacific Night.
iQoo Z7s 5G specifications, features
iQoo states that the newly-launched Z7s 5G smartphone supports dual nano SIMs, with one hybrid slot for a microSD card. The phone features a 6.38-inch full-HD+ (2400 x 1080 pixels) display panel with a refresh rate of 90Hz. It runs Android 13-based Funtouch OS 13 out-of-the-box.
The smartphone is powered by an octa-core Qualcomm Snapdragon 695 5G SoC paired with Adreno 619L GPU, up to 8GB of LPDDR4x RAM and 128GB of UFS 2.2 inbuilt storage, which is expandable up to 1TB with a microSD card.
For optics, a dual rear camera unit on the iQoo Z7s 5G offers a 64-megapixel primary sensor and a 2-megapixel sensor. The front camera is equipped with a 16-megapixel sensor.
Backed by a 4,500mAh battery unit, the iQoo Z7s 5G supports 44W wired Flash Charging. It also includes USB Type-C, Bluetooth v5.1, GPS, and Wi-Fi 6 connectivity. The phone comes with an in-display fingerprint sensor for security and has a 3.5mm audio jack. The handset weighs 172 grams and measures 158.91mm x 73.53mm x 7.80mm in size.
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Sunday 21 May 2023
Rajinikanth: సూపర్ స్టార్ రజినీకాంత్, నందమూరి బాలకృష్ణ, శివ రాజ్కుమార్ మల్టీస్టారర్.. డీటెయిల్స్!
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Instagram Back Up After Global Outage Hits Over 1,80,000 Users; Company Blames ‘Technical Issue’
Meta Platform's Instagram was back up for most users, the company said on Sunday, after a technical issue that disrupted services to thousands of people had been resolved.
"Earlier today, a technical issue caused some people to have trouble accessing Instagram. We resolved the issue as quickly as possible for everyone who was impacted," a Meta spokesperson told Reuters.
The company did not disclose the number of users affected by the disruption. Outage tracking website Downdetector.com showed more than 100,000 incidents in the United States, 24,000 in Canada and over 56,000 in Britain.
More than 180,000 users reported issues with accessing Instagram at the peak of the outage.
Instagram was down for some users on Sunday from around 5:45 p.m. EST (2145 GMT), according to outage tracking website Downdetector.com. The number of outages eased to just over 7,000 reports as of 8:30 p.m. EST.
Downdetector tracks outages by collating status reports from several sources, including users.
According to a recent report, Instagram is planning to release a text-based app that will compete with Twitter and may debut as soon as June, Bloomberg News reported on Friday, citing people familiar with the matter.
The Facebook parent is testing the product with influencers and some creators, according to the report.
The company did not immediately respond to a Reuters request for comment.
Meta has been contacting talent agencies and celebrities to gauge their interest in trying an early version of the app, which will be integrated with Instagram, said Alex Heath in a newsletter.
The report also mentions that the parent company Meta has made the new app secretly available to select creators for months. It is said to be separate from Instagram yet allow people to connect accounts.
© Thomson Reuters 2023
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Thalapathy 68: దళపతి 68 ప్రకటన వచ్చేసింది.. డైరెక్టర్ ఎవరంటే!
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Jr NTR: ఎన్టీఆర్ ఫ్యాన్స్ రచ్చ రచ్చ.. థియేటర్ను తగలెట్టేసిన అత్యుత్సాహం
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'If not PM, Mr Modi Will Be President'
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Music Director Raj: సంగీత దర్శకుడు రాజ్ కన్నుమూత.. కోటితో కలిసి అప్పట్లో సంచలనం
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Devara: గొర్రెపోతు బలి.. రక్తంతో ఎన్టీఆర్కి అభిషేకం.. ఏంటిది, మీరైనా చెప్పండి తారక్!
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Simhadri: రీ-రిలీజ్తోనూ ‘సింహాద్రి’ ఆల్-టైమ్ రికార్డ్.. తొలిరోజు కలెక్షన్ అదుర్స్!
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NTR Centenary: ఎన్టీఆర్గారికి భారతరత్న ఇవ్వకపోవటం దుర్మార్గం, కుట్ర: ఆర్.నారాయణ మూర్తి
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Saturday 20 May 2023
Pavitra Lokesh: పవిత్ర నన్ను నమ్మి వచ్చింది.. ప్రాణం ఉన్నంత వరకు ఆమెను కాపాడుకుంటా: నరేష్
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NTR Centenary: నందమూరి, అక్కినేని వివాదానికి చెక్ పెట్టిన నాగ చైతన్య
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Samantha: సూటబుల్ మ్యాచ్ కోసం వెతుకుతున్న సమంత.. ఇన్స్టా పోస్ట్ వైరల్!
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Friday 19 May 2023
Jr NTR: ఎన్టీఆర్ శత జయంతి వేడుకలకు తారక్ డుమ్మా.. కారణం ఏంటంటే!
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Jr NTR: అణువణువూ నటనే.. నమ్ముకుంటే ‘దేవరే’.. స్టార్లు మెచ్చిన స్టార్ ఎన్టీఆర్!!
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Jr NTR: ‘దేవర’కు సలామ్ కొట్టిన ఎన్టీఆర్ ఫ్యాన్స్.. రామ్ చరణ్ రికార్డ్ బ్రేక్!
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NASA Partners With Blue Origin to Build Spacecraft for Moon Mission
A team led by Jeff Bezos' space company Blue Origin won a coveted NASA contract to build a spacecraft that will send astronauts to and from the moon's surface, NASA's chief announced on Friday, capping a high-stakes contest.
NASA's decision will give the agency a second ride to the moon under its Artemis program, after it awarded Elon Musk's SpaceX $3 billion (nearly Rs. 24,850 crore) in 2021 to land astronauts on the moon for the first time since the final Apollo mission in 1972.
Those initial missions using SpaceX's Starship system are slated for later this decade.
The Blue Origin contract is valued roughly $3.4 billion (nearly Rs. 28,150 crore), NASA's exploration chief Jim Free said, with Blue Origin privately contributing "well north" of that amount, Blue Origin's lunar lander head John Couluris said.
"Honored to be on this journey with @NASA to land astronauts on the Moon — this time to stay," Amazon.com billionaire founder Bezos said in a tweet after the announcement.
Blue Origin plans to build its 52-foot (16-meter) tall Blue Moon lander in a partnership with Lockheed Martin, Boeing, spacecraft software firm Draper, and robotics firm Astrobotic.
SpaceX's Starship lander is poised to conduct the first two astronaut moon landings under NASA's Artemis program, sending a pair of astronauts to the lunar surface for each mission. The Blue Moon landing, planned for 2029, is also expected to ferry two astronauts to the surface.
"Our partnership will only add to this golden age of human spaceflight," NASA administrator Bill Nelson said. He added that having a second moon lander for the agency's Artemis mission promotes commercial competition, echoing a trend in recent years that reduces costs for NASA.
Friday's announcement in Washington was a long-awaited outcome for Blue Origin, which had unsuccessfully had competed for past contracts. The space company overcame a rival bid from Leidos-owned defense contractor Dynetics Inc, the head of a partnership with Northrop Grumman.
Those companies lost out to SpaceX for the 2021 contract, part of an initial moon lander procurement program. NASA under that program said it could pick up to two companies, but blamed budget constraints for only going with SpaceX.
This new contract is a boost for Bezos, who since founding Blue Origin in 2000 has invested billions into the company to compete for high-profile commercial and government space contracts with SpaceX, a dominant force in satellite launches and human spaceflight.
After losing in 2021, Blue Origin unsuccessfully fought to overturn NASA's decision to ignore its Blue Moon lander, first with a watchdog agency and then in court.
Blue Origin and lawmakers had pressured NASA to award a second lunar lander contract to promote commercial competition and ensure the agency has a backup ride to the moon. NASA in early 2022 announced the program for a second lander contract.
Couluris, who will lead Blue Origin's development of the moon lander, said Friday's award was hard fought outcome.
"We've been working for some time, and we're still ready to go," he said.
© Thomson Reuters 2023
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Instagram Could Release Text-Based App to Rival Against Twitter by June 2023: Report
Meta Platforms' Instagram is planning to release a text-based app that will compete with Twitter and may debut as soon as June, Bloomberg News reported on Friday, citing people familiar with the matter.
The Facebook parent is testing the product with influencers and some creators, according to the report.
The company did not immediately respond to a Reuters request for comment.
Meta has been contacting talent agencies and celebrities to gauge their interest in trying an early version of the app, which will be integrated with Instagram, said Alex Heath in a newsletter.
"The decentralized app is built on the back of Instagram but will be compatible with some other apps like Mastodon," according to a newsletter by Lia Haberman, who teaches social and influencer marketing at UCLA in California.
The report also mentions that the parent company Meta has made the new app secretly available to select creators for months. It is said to be separate from Instagram yet allow people to connect accounts.
As per Lia Haberman's screenshot, the app will let people connect with their friends using texts, shared links, photos as well as videos. Moreover, fans will be allowed to join the accounts of the influencers and creators they follow on Instagram with just one tap.
The app is also being update for security measures. To ensure the privacy of accounts, the users blocked on Instagram may soon be carried over to the new app. To add, this new app is also working on compatibility with Twitter's rival Mastodon.
© Thomson Reuters 2023
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Big Tech Gets Support From EU Regulators Against Telcos' Network Fee Push
EU telecoms regulators' group BEREC on Friday warned the European Commission against proposing legislation pushed by the sector to get Big Tech's help to pay for the rollout of 5G and broadband, saying it did not see a competition problem or a market failure.
The comments from The Body of European Regulators for Electronic Communications (BEREC) to the European Commission which is now looking into the issue underscores the high-stakes battle between Big Tech and Europe's major telecoms operators.
"There is no evidence of a competition problem or a market failure to the detriment of end-users regarding IP-interconnection," the group said.
Echoing Big Tech's arguments, BEREC said it has its doubts about a mandatory network fee levied on the companies.
"It is questionable that mandatory payments from CAPs (content and application providers) to ISPs (internet service providers) would lead to member states meeting the connectivity targets," BEREC said.
"On the contrary, it is rather likely that ISPs in already well supplied areas would benefit the most."
It said a mandatory fee may disadvantage smaller telecoms operators with less economies of scale and bargaining power, while other telecoms companies with their own streaming or cloud services may discriminate and unfairly promote these services.
Such a fee may also lead to price hikes for consumers, disincentivise Big Tech from investments and breach EU net neutrality rules, BEREC said.
Deutsche Telekom, Orange, Telefonica and Telecom Italia have been lobbying for Big Tech to shoulder some of the network costs.
Alphabet's Google, Apple, Meta Platforms, Netflix, Amazon.com and Microsoft, which telcos say account for more than half of data internet traffic, have rejected the proposal.
© Thomson Reuters 2023
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Thursday 18 May 2023
Twitter Review: బిచ్చగాడు 2 ట్విట్టర్ రివ్యూ... ఐడియా బాగుంది.. కానీ
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Meta Announces New Details on Data Centers for AI Projects
Meta Platforms on Thursday shared new details on projects it was pursuing to make its data centers better suited to supporting artificial intelligence work, including a custom chip "family" that it said it was developing in-house.
The Facebook and Instagram owner said in a series of blog posts that it designed a first-generation chip in 2020 as part of the Meta Training and Inference Accelerator (MTIA) program, which was aimed at improving efficiency for the recommendations models it uses to serve ads and other content in news feeds.
Reuters previously reported that the company was not planning to deploy its first in-house AI chip widely and was already working on a successor. The blog posts portrayed the first MTIA chip as a learning opportunity.
"From this initial program, we have learned invaluable lessons that we are incorporating into our roadmap," it wrote.
The first MTIA chip was focused exclusively on an AI process called inference, in which algorithms trained on huge amounts of data make judgments about whether to show, say, a dance video or a cat meme as the next post in a user's feed, the posts said.
A Meta spokesperson declined to comment on deployment timelines or elaborate on the company's plans to develop chips that could train the models as well.
Meta has been engaged in a massive project to upgrade its AI infrastructure this past year, after executives realized it lacked the hardware and software needed to support demand from product teams building AI-powered features.
As part of that, the company scrapped plans for a large-scale rollout of an in-house inference chip and started work on a more ambitious chip capable of performing both training and inference, according to the Reuters reporting.
Meta acknowledged in its blog posts that its first MTIA chip stumbled with high-complexity AI models, although it said the chip handled low- and medium-complexity models more efficiently than competitor chips.
The MTIA chip also used only 25 watts of power — a fraction of what market-leading chips from suppliers such as Nvidia consume — and used an open-source chip architecture called RISC-V, Meta said.
In addition to detailing its chip work, Meta provided an update on plans to redesign its data centers around more modern AI-oriented networking and cooling systems, saying it would break ground on its first such facility this year.
The new design would be 31 percent cheaper and could be built twice as quickly as the company's current data centers, an employee said in a video explaining the changes.
© Thomson Reuters 2023
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Eddie Murphy Is in Talks to Play Inspector Clouseau in Pink Panther Reboot Film at MGM
Hollywood star Eddie Murphy (Coming to America) is in negotiations to play the classic character of Inspector Jacques Clouseau in a new Pink Panther movie. According to entertainment news outlet Deadline, Hollywood studio MGM is rebooting the franchise and has roped in Sonic the Hedgehog director Jeff Fowler for the project.
Chris Bremner (Bad Boys for Life) will pen the screenplay for the movie, which will be produced by Dan Lin, Julie Andrews, Larry Mirisch, and Jonathan Eirich.
The new feature project would be a live-action/ CG hybrid and would combine both traditions. The premise takes a buddy cop movie tone to the proceedings with the Inspector and Panther teaming up for the first time ever on the big screen.
The Pink Panther franchise began with the 1963 comedy film, starring Peter Sellers as bumbling Inspector Clouseau.
The Pink Panther refers to the name of a valuable pink diamond at the centre of a heist in the original film. A cartoon panther appeared in the opening credits, and became popular in his own right, starring in several animated projects over the decades.
Sellers later reprised the role in A Shot in the Dark (1964), The Return of the Pink Panther (1975), The Pink Panther Strikes Again (1976), and Revenge of the Pink Panther (1978).
The role has also been inhabited by Alan Arkin and Roger Moore. Actor-comedian Steve Martin played the part in 2006's The Pink Panther and 2009's The Pink Panther 2.
Murphy most recently starred in Netflix's You People, co-starring Jonah Hill, Lauren London, and Julia Louis-Dreyfus.
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HTC U23, HTC U23 Pro With Qualcomm Snapdragon 7 Gen 1 SoC Launched: Price, Specifications
HTC U23, HTC U23 Pro were launched in Taiwan on Thursday. The HTC U23 series was teased earlier by the company. The official teaser also suggested that the phones will be compatible with the company's Viverse VR platform. With the launch of the smartphones, we will soon see how exactly it will work together. The phones are powered by Qualcomm Snapdragon 7 Gen 1 chipsets. Both handsets come with IP67 ratings. The base model sports a triple-rear camera unit, while the pro model features a quad-rear camera system.
HTC U23, HTC U23 Pro price, availability
Offered in Aqua Blue and Roland Violet colour options, the base HTC U23 model is available in a single storage variant of 8GB + 128GB. The company has not yet revealed the price and availability details of the phone.
Meanwhile, the HTC U23 Pro is available for purchase through the online HTC Taiwan store. The 8GB + 256GB is priced at TWD 16,990 (roughly Rs. 45,500) and the 12GB + 256GB variant is marked at TWD 17,990 (roughly Rs. 48,200). The Pro model is offered in Coffee Black and Muxer White colourways. In a limited-period launch offer, customers are being offered a free HTC True Wireless Bluetooth Headset II on their purchase of the smartphone till May 30.
HTC U23, HTC U23 Pro specifications, features
Both HTC U23 and HTC U23 Pro models share certain similar specifications. The dual nano SIM-supported smartphones, running Android 13 out-of-the-box, feature 6.7-inch full-HD+ (2400 x 1080 pixels) OLED display panels with a refresh rate of 120Hz. They are powered by the Qualcomm Snapdragon 7 Gen 1 SoC paired with up to 12GB RAM and up to 256GB inbuilt storage.
A triple rear camera unit on the HTC U23 includes a 64-megapixel primary sensor, an 8-megapixel ultra-wide camera, and a 2-megapixel depth sensor. The quad rear camera unit of the HTC U23 Pro model, on the other hand, includes a 108-megapixel primary sensor, an 8-megapixel ultra-wide camera, a 5-megapixel macro unit, and a 2-megapixel depth camera. Both phones, however, have a 32-megapixel front camera sensor housed in centre-aligned hole-punch slots at the top of the display.
Backed by 4,600mAh battery units, the HTC U23 series phones support 30W wired fast charging alongside 15W wireless charging. For security, both handsets have side-mounted fingerprint sensors. The phones also support WiFi 6, Bluetooth v5.2, GPS, USB Type-C connectivity, and even come equipped with a 3.5mm audio jack.
The HTC U23 Pro weighs 205 grams and measures 166.6mm x 77.09mm x 8.88mm in size. The base HTC U23 weighs 202 grams, but also measures 166.6mm x 77.09mm x 8.88mm in size. Both phones come with an IP67 rating.
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Vijayendra Prasad: వీరగాథతో వస్తున్న విజయేంద్ర ప్రసాద్.. RRR రైటర్ నుంచి ‘బ్రహ్మపుత్ర’
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Wednesday 17 May 2023
Cabinet Approves Rs. 17,000 Crore-PLI Scheme to Boost Local Production of Laptops, Tablets
The Union Cabinet on Wednesday approved a Rs. 17,000 crore incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs. 3.35 lakh crore over a period of six years.
IT and Telecom Minister Ashwini Vaishnaw said that companies having high volume sales are interested, and iPad maker Apple is also seriously evaluating the scheme.
The Production Linked Incentive (PLI) Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices. The scheme was earlier introduced in 2021 but did not get the expected traction.
"For IT PLI, the budgetary outlay is Rs. 17,000 crore. The tenure of the programme is six years... we will accept first set of applications by October," Vaishnaw told reporters after the Cabinet meeting.
The scheme is expected to lead to incremental production of Rs. 3.35 lakh crore, incremental investment of Rs. 2,430 crore and create incremental direct employment for 75,000 people during the six-year period, he said.
Further, Vaishnaw said that investments under various PLI schemes, especially those for telecom and mobile phones, have been higher compared to the government estimates.
Under the new scheme, companies will get an incentive of up to 5 percent and an optional incentive of 4 percent if they use domestically-produced components compared to just 2 percent incentive offered under the old scheme.
To a question about which companies are interested in the scheme, Vaishnaw said, "those who have high volumes. You know their names — HP, Dell, Acer, and Asus have high volumes. Apple is niche. They are also very seriously evaluating it." In February 2021, the government approved the PLI scheme for IT hardware, covering the production of laptops, tablets, All-in-One PCs and servers with an outlay of Rs. 7,350 crore.
However, industry players had requested the government to enhance outlay for the segment.
The global electronics manufacturing ecosystem is coming to India, and it is emerging as a major electronics manufacturing country, the minister said.
When asked about the eligibility of investment from Chinese companies under the scheme, Vaishnaw said there is the well-defined trusted source norms in the country and any company that complies with the rules can invest under PLI Scheme 2.0 for IT hardware.
Minister of State for Electronics and IT Rajeev Chandrasekhar said that after the successes in building a rapidly growing and world's second largest base and a trusted base for smartphone manufacturing, the focus is now on broadening and deepening India's electronics ecosystem.
"Today's Cabinet approval of IT hardware PLI 2.0 is focussed on expanding India's production and presence in global value chains of IT hardware, servers, laptops," he said.
He also said the scheme will play a key role in catalysing India's Techade and in achieving $1 trillion digital economy goal, including $300 billion of electronics manufacturing by 2025-26.
Electronics manufacturing in the country has witnessed a 17 percent Compound Annual Growth Rate (CAGR) in the last eight years to cross $105 billion worth of production this year.
The PLI scheme, launched in April 2020 with a focus on mobile phone production, has given a massive boost to electronics manufacturing in the country.
India has become the world's second-largest manufacturer of mobile phones. Exports of mobile phones crossed $11 billion in March.
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iPhone 15 Pro Max Tipped to Feature Reworked Camera Layout to Accommodate Periscope Lens: Details
iPhone 15 Pro Max is expected to debut in the second half of 2023 as the successor to the iPhone 14 Pro Max. Unlike previous Pro iPhone models, the company is tipped to equip this year's top-of-the-line flagship phone with a periscope camera. A new leak speculates that in order to make room for the periscope lens, which improves the zoom capability of the telephoto camera, the Cupertino company plans to rearrange the rear camera layout on the larger iPhone 15 Pro Max.
Tipster Unknownz21 (Twitter: @URedditor) claims that Apple will change the layout of the triple rear camera setup on the iPhone 15 Pro and iPhone 15 Pro Max, swapping the positions of the ultra-wide angle and telephoto cameras. The camera located between the LiDAR and the LED flash will be a periscope lens on the iPhone 15 Pro Max, and a standard telephoto camera on the iPhone 15 Pro.
The 15 Pro Max's ultrawide camera is swapping positions with the telephoto compared to the 14.
— Vadim Yuryev (@VadimYuryev) May 16, 2023
Why? Because there is no room on the bottom lens for the periscope. Can't go down because of the battery. Can't go right because of the LiDAR scanner.
Has to be the middle lens. https://t.co/OnGyEh5ahp pic.twitter.com/yrnuvykPen
It is worth taking these claims with a pinch of salt as Apple is yet to reveal any plans to upgrade the zoom capabilities of the upcoming iPhone 15 Pro Max. Meanwhile, Max Tech's Vadim Yuryev suggests that the periscope lens on the purported smartphone will have to be located under the ultra-wide angle camera and above the primary camera simply because there would be no place for the periscope lens in the other two positions.
A periscope camera setup allows for a larger distance between the image sensor and the lens compared to a regular telephoto camera, but it takes a considerable amount of space horizontally. As a result, the addition of a periscope lens will require other components to be moved around.
Yuryev claims that the battery below the bottom lens and the LiDAR scanner are two components that prevent the company from equipping the periscope lens at the bottom of the camera module. The middle lens position will allow Apple to change the design of the logic board to accommodate the new lens setup — something that won't be possible on the smaller iPhone 15 Pro due to limited space, he claims.
This is not the first time that Apple has been tipped to equip the iPhone 15 Pro Max with a periscope lens. Last month, it was reported that the upcoming handset is expected to sport a periscope camera lens with support for up 6x optical zoom. The rumoured value is still lower that the 10x optical zoom on the Samsung Galaxy S23 Ultra's periscope camera. As previously mentioned, Apple is yet to announce any details of its plans to equip the iPhone 15 Pro Max with a periscope lens.
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‘అన్నీ మంచి శకునములే’ ట్విట్టర్ రివ్యూ: అందరిదీ ఒక్కటే మాట!
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Rowdy Rohini: సర్జరీకి 10 గంటలు పట్టింది.. చాలా భయపడ్డా.. రౌడీ రోహిణి కంటతడి
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Meta Set to Face Record EU Privacy Fine Related to Data Transfer of Facebook Users
Meta Platforms is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to US servers for failing to comply with a warning by a top EU court, two sources familiar with the matter said.
The penalty will be higher than the previous record EUR 746 million (nearly Rs. 6,660 crore) fine for Amazon.com, according to the sources.
Meta declined to comment, while the Irish Data Protection Commission (DPC) and the European Commission did not immediately respond to Reuters' requests for comment.
EU regulators led by Ireland's Data Protection Commissioner Helen Dixon have been finalising a ban on the legal tool used by Facebook to transfer European user data because of concerns US intelligence agencies could access the information.
In April, they said the Irish DPC had one month to make an order blocking Facebook's transatlantic data flows. The ban could be in place by mid-May.
Europe's highest court ruled in 2020 that an EU-US data transfer agreement was invalid, citing surveillance concerns.
Meta last year warned that an order to ban the mechanism it uses to transfer data from Europe to the United States could force it to suspend Facebook services in Europe.
Meanwhile, Meta Platforms joined the generative AI product race this week, saying it would begin testing artificial intelligence-powered ad tools that can create content like image backgrounds and variations of written text.
A select group of advertisers will be invited to experiment with the tools in a "testing playground" that the company is calling the AI Sandbox, Meta executives said at a press event in New York.
© Thomson Reuters 2023
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Bankrupt Crypto Lender Voyager Digital Hopeful to Provide 35 Percent Customer Payout
Crypto lender Voyager Digital said Wednesday that customers will recover about 35 percent of their cryptocurrency deposits as the company winds down its operations after a failed buyout attempt by crypto exchange Binance.US.
US Bankruptcy Judge Michael Wiles approved Voyager's proposed liquidation plan at a court hearing in Manhattan on Wednesday, allowing the company to return about $1.33 billion (nearly Rs. 11,000 crore) in crypto assets to customers and end its efforts to reorganize under Chapter 11.
Voyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto hedge fund Three Arrows Capital (3AC).
Voyager suffered through two failed sale attempts during its bankruptcy. It initially sought to sell its assets for $1.42 billion (nearly Rs. 11,700 crore) to FTX, a deal that failed when FTX imploded in November. Binance.US stepped in with a $1.3 billion offer, but called off the deal on April 25, citing a "hostile and uncertain regulatory climate."
Voyager customers' recovery hopes are highly dependent on the outcome of litigation with FTX, which is seeking to claw back $445.8 million (nearly Rs. 3,670 crore) in loan repayments made to Voyager before FTX collapsed into bankruptcy.
If Voyager fully prevails in the FTX litigation, customers' expected recovery would be 63.74 percent, according to Voyager's court filings.
Voyager intends to repay customers with the same type of cryptocurrency that they had in their accounts. For deposits held in unsupported cryptocurrencies that cannot be withdrawn from Voyager's platform and for Voyager's proprietary VGX token, Voyager will instead repay customers using the stablecoin USDC.
Voyager was one of several crypto lenders to file for bankruptcy in 2022 after a boom in the COVID-19 pandemic. Others were Celsius Network, BlockFi, and Genesis Global Capital.
© Thomson Reuters 2023
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Google Says in Compliance With CCI Order Regarding Play Store's Payments Policy
Google on Wednesday said its Google Play's payments policy is compliant with the anti-trust watchdog CCI's order and it is pushing ahead with plans to enforce the policy in the country.
"In 2020, we clarified the requirements of our payments policy, and developers in India have had considerable time to make the necessary changes to their apps," it said in a blog post. "We're respectfully following the CCI's October 2022 order, and in compliance with that order, we expanded user choice billing to all developers in India and updated our policy that went into effect starting April 26, 2023." Google said as the deadline of April 26 had now passed, it would be taking "necessary steps" to get developers to implement one of the billing options it offers.
Three routes are available for app developers — using Google Play's billing system, an alternative billing system called the user choice billing system alongside Google Play's billing system for users in India and operating on a consumption-only basis without paying a service fee, even if it is part of a paid service.
Google said it continued to "comply with local laws and cooperate with local proceedings, as applicable". Applying a service fee is a "sensible model as the platform only makes money when a developer makes money, so our success is aligned with theirs", it said.
It said the service fee it accrues from developers allows it to fund the large investments it has made for the growth of India's app ecosystem. The company insisted that its fees — 15 percent of lower for most developers — is the lowest of any major app store and a 4 percent reduction in that fee for those who implement an alternative billing system "fairly reflects that Google Play's billing system has not been used.
Less than 60 of the over 2,00,000 Indian developers on Google Play currently could pay a service fee of above 15 percent, Google said, citing its own estimations.
The Competition Commission of India in October slapped a fine on Google and directed the Android maker to give developers the choice of using third-party billing systems in the country.
"Most developers globally have already elected one of these routes. In India, now that the deadline has passed, we are informing developers in the country who have not yet implemented one of these options that we will be taking necessary steps to ensure our policy is applied fairly. We continue to comply with local laws and cooperate with local proceedings, as applicable," Google said.
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Bitcoin Trades at Over $27,000, Ether Joins Majority Altcoins in Registering Profits
Majority cryptocurrencies managed to record small profits on the crypto charts on Wednesday, May 17. Bitcoin did manage to maintain its value above the mark of $27,180 on Wednesday, after days of trading lowly on both, national as well as international exchanges. With a miniscule gain of 0.50 percent, Bitcoin stepped into the market charts today at the price point of $27,082 (roughly Rs. 22.3 lakh). Industry insiders believe that investors monitoring the debt ceiling negotiations could be the ones pulling away any form of risky investments for now, causing this dip in BTC price.
“Investors are monitoring debt ceiling negotiations. Resolving the issue may bolster Bitcoin as a hedge in the macroeconomic landscape. The rising debt ceiling would benefit risk assets, safeguarding wealth for market participants,” Rajagopal Menon, Vice President, WazirX told Gadgets 360.
Ethereum bagged 0.81 percent in gains to trade at $1,823 (roughly Rs. 1.50 lakh). The second most expensive cryptocurrency after Bitcoin, Ether, rose by $14 (roughly Rs. 1,152) in the last 24 hours.
Speaking to Gadgets 360, the research team of CoinDCX noted that the once strong correlation between BTC and ETH has shown signs of weakening in the current year.
“This indicates at an impending shift in the market dynamics. Recent data reveals that the 30-day rolling correlation between BTC and ETH prices dropped to 77 percent, the lowest since 2021 and significantly weaker than the 96 percent observed just two months ago. This divergence suggests that the relationship between these two are evolving, signalling a potential regime change in the crypto market,” the CoinDCX team said. This decreased correlation is expected to stimulate greater trading activity within Bitcoin and Ethereum pairs going forward.
Stablecoins Tether, USD Coin, Ripple, and Binance USD tagged behind BTC and ETH to record small profits.
Conventionally popular cryptocurrencies like Binance Coin, Cardano, Dogecoin, Solana, Polygon, Litecoin, Polkadot, and Tron among others also managed to see minor price hikes.
The overall crypto market rose by 0.44 percent in the last 24 hours, taking the sector valuation to $1.13 trillion (roughly Rs. 93,23,054 crore) as per CoinMarketCap.
Only a small number of cryptocurrencies settled with losses. These include Leo, Bitcoin Cash, Cronos, Elrond, Bitcoin SV, Braintrust, and Circuits of Value.
In another major update from the crypto world, the European Union states have given the final nod to the world's first comprehensive set of rules to regulate crypto-assets called MiCA. An EU finance minister meeting in Brussels approved rules that were thrashed out with the European Parliament, which gave its approval in April.
The passing of the MiCA legislation in the EU does intensify the pressure on other nations including India, that are still in the process of framing their crypto laws.
Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.
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