Byju's Share Sale 💰, Hyderabad Biryani 🍛, Japan Tech Deal 🤝

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include Byju's cofounders selling shares, Hyderabad topping the online biryani orders, and EU seeking advanced tech partnership with Japan. 🤖 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Byju’s cofounders sold shares worth $408.53 million since 2015 🇮🇳 IndiaTech - Since 2015, Byju Raveendran, Divya Gokulnath, and Riju Ravindran, the founders of Byju’s, India’s most valued startup, have collectively sold approximately $408.53 million worth of shares in 40 secondary transactions. - In a recent email to employees, Raveendran further disclosed that he has reinvested all the funds obtained from the sale of these shares. Hyderabad Tops in Online Biryani Orders with Bengaluru Second, Says Swiggy 🇮🇳 IndiaTech - Based on analysis, 760 lakh biryani dishes were ordered nationally last year, 13,140 per hour. - Hyderabad leads online biryani orders, followed by Bengaluru. - ‘Dum biryani’ was the popular choice with 85 variants ordered over 62 lakh times. You 2 [NBW Newsletter Ad]( You 2: A High Velocity Formula for Multiplying Your Personal Effectiveness Short but so sweet. This book feels like you’ve had a highly concentrated dose of motivation for your elevation [Get it]( Twitter to Replace Broken Tweetdeck with Enhanced Version soon becoming a Twitter Blue Exclusive 🌎 GlobalTech - Twitter resolves recent Tweetdeck issues by launching an improved beta version as the main one. - Despite missing Teams functionality, essential options such as list aggregation features, Spaces, and polls were rehabilitated. - Twitter soon could require users to verify for access to Tweetdeck, hinting at possible exclusivity to Twitter Blue subscribers. Google Enhances AI Model Training with New Privacy Policy 🌎 GlobalTech - Google’s updated privacy policy emphasizes the use of public data to train its AI models such as Google Translate, Bard, and Cloud AI. - The new policy, effective from July 1, 2023, allows Google to use user data collected for ‘business purposes’ such as ‘research and development’. - The policy does not suggest the use of private data linked to user accounts for AI model training, only public information. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Google Workspace Launches Duet AI Image Generation in Slides 🌎 GlobalTech - Google’s Duet AI image generation is now available in Google Slides, helping users create visuals for presentations. - Users can input a text prompt and then add a style like Photography, Vector art, or Sketch, among others. - The image generation might take about 20 seconds and users can generate a new set of images without discarding previous creations. Instagram’s Twitter competitor ‘Threads’ set to launch on July 6 🌎 GlobalTech - Instagram announces its anticipated stand-alone app ‘Threads’, set to directly port the user’s Instagram follower base, which is expected to launch on the US iOS App Store on July 6. - Features of the new application include liking, commenting, reposting, and the ability to select audiences for post replies. - Speculated to be compatible with the decentralized network ActivityPub, it remains unclear how this will integrate with Instagram’s centralized structure. Embracing Tech and R&D Critical for National Progress: Jaishankar 🇮🇳 IndiaTech - Union External Affairs Minister S Jaishankar emphasized the importance of technology and research to national development during an interaction with NIT Delhi students. - Referencing impacts of global events like Covid pandemic and Ukraine war, he urged the students to remain aware of global developments. - He underscored the Modi Government’s initiatives aimed at making India a semiconductor manufacturing hub and setting up a national research foundation. IDFC FIRST Bank partners with Plotch.ai to boost ONDC-focused start-ups 🇮🇳 IndiaTech - IDFC FIRST Bank has joined the Plotch.ai ONDC-focused accelerator, offering banking and fintech support for ONDC start-ups. - The bank will provide lending solutions for credit and working capital, as well as create innovative banking products for the ONDC network. - Plotch.ai plans to select around 10 start-ups for its initial cohort and will make the announcement by the end of July. Schwarzenegger Highlights Terminator’s AI Prophecy 🤖 AI - Veteran actor Arnold Schwarzenegger asserts that ‘The Terminator’ franchise, which began his career in 1984, foresaw the advancement of AI. - While praising James Cameron, the franchise’s writer and director, Schwarzenegger commented on current fears surrounding AI expansion. - He highlighted the foresight of the 1984 film’s script that predicted machines becoming self-aware, at a time when AI was barely understood. EU seeks Advanced Tech Partnership with Japan to Diversify from China 🤖 AI - The European Union plans to strengthen cooperation with Japan on artificial intelligence and semiconductor technology to diversify from China. - An EU-Japan Digital Partnership council will be created to discuss topics such as AI, quantum and high-performance computing. - According to EU Commissioner Thierry Breton, the EU and Japan will collaborate on semiconductors, with Japan aiming to bolster its domestic industry and the EU seeking to enhance its in-bloc semiconductor industry. Japan to Adopt Lenient AI Regulations in Aim to Drive Economic Growth 🤖 AI - Japan plans on implementing less stringent AI regulations to stimulate economic growth and progress in advanced chips, similar to the approach of the United States, rather than aligning with stringent EU regulations. - The relaxed stance may disrupt the EU’s goal of setting its regulations as the global standard, particularly in the disclosure of copyrighted materials used for AI systems. - Japan hopes AI utilization can alleviate labor shortages due to declining population and reestablish its technological dominance, though experts note it lags behind the US in computation power, especially in AI training resources. Midjourney Bans User for Creating Fake Images of Politicians Cheating 🤖 AI - Video editor Justin Brown was banned from the Midjourney platform after using it to create and distribute AI-generated images of politicians in infidelity scenarios to highlight potential blackmail risks. - The series included photos of various 2024 presidential candidates and gained attention on Reddit before being removed by moderators and leading to Brown’s platform ban. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](