Walmart Buys Flipkart 🤝, Chandrayaan-3 🚀, Apple Outpacing Samsung 📱

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 Walmart acquiring Flipkart, Chandrayaan-3 rover progress, and Apple set to outpace Samsung. 🤝 🚀 📱 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Walmart Acquires Remaining Stakes in Flipkart for $3.5Bn - Walmart purchases remaining Flipkart stakes from Accel Partners, Tiger Global, and Binny Bansal. - Flipkart paid $700 million to employees due to PhonePe separation. - Walmart now holds around 90% of Flipkart, following a $16 billion majority stake acquisition in 2018. Apple Set to Outpace Samsung as Leading Smartphone Brand by 2023, Says Kuo - Apple projected to become the world’s largest smartphone brand in 2023. - Analyst Ming-Chi Kuo predicts Apple will ship between 220-225 million units in 2023, overcoming Samsung’s reduced 220 million due to chip shortage. - Kuo also forecasts Apple maintaining its lead in 2024 with 250 million iPhone units expected to be shipped. Mistakes Were Made (but Not By Me) | Carol Tavris & Elliot Aronson (Book Summary) [NBW Newsletter Ad]( SAVE TIME. GET KEY IDEAS FROM THE BOOK ON ATOMICIDEAS Social psychologists Carol Tavris and Elliot Aronson take a compelling look into how the brain is wired for self-justification. The summary concludes with a discussion of how we can live with dissonance, learn from it, and perhaps, eventually, forgive ourselves. [Get it]( ISRO’s Chandrayaan-3: Pragyan Rover Progress and Night Preparations - Pragyan rover from Chandrayaan-3 mission has travelled 100 meters on Moon’s surface. - ISRO plans to put the rover and the lander into ‘sleep’ mode to survive lunar night. - The rover has begun analysis of the Moon’s surface, discovering elements like Aluminium, Sulphur, and Calcium, with investigations on Hydrogen presence ongoing. India’s Aditya-L1 Spacecraft Begins Sun Observation Mission - Aditya-L1, India’s first space-based solar observation mission, launched from Satish Dhawan Space Center. - The spacecraft will use its Liquid Apogee Motor to maneuver towards a halo orbit around the first Lagrange point (L1). - This constitutes the 59th mission for PSLV and the 25th using the PSLV-XL configuration, ISRO’s predominant launch vehicle. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Chandigarh Police Streamlines Passport Verification with mPassport App - The mPassport app has allowed the Chandigarh Police to reduce passport verification time to 2-3 days. - The process, which used to take 10-12 days and had a pendency of 800-900, now handles around 150 applications daily and has drastically reduced pendency to 9-10. - The app, launched on June 16, has improved service delivery, with the process now faster than the Tatkal service. Elon Musk’s X plans to utilize public data for AI training - X will leverage user data and publicly available information to enhance machine learning models. - The company stated that only public, not private, data will be collected and used in AI training. - Precise intentions on how data will be used remain unclear, though potential stated uses include a new project, xAI, or an updated version of an employment site. AI Researcher Fights for AI-Created Art Copyright - Stephen Thaler’s AI, DABUS, he argues, is sentient and thus its art should be copyrightable. - US courts reaffirm that copyright requires human authorship, discrediting Thaler’s claim. - Thaler and his legal ally await a UK Supreme Court ruling on patents attributed to DABUS. Tesla Reduces Global Price of Model S and X by up to 20% and Qualifies for US Tax Incentive - The Model S and X prices are cut by 15-19%, with the base price now at $74,990 and $79,990, respectively. - The Model X now qualifies for a tax credit under the Inflation Reduction Act, making it cheaper than Model S for certain income earners. - The price cut has sparked concerns among existing Tesla owners due to a decrease in resale prices. Microsoft Releases New 1TB Xbox Series S in Carbon Black - Microsoft launches a new version of the digital-only Xbox Series S in Carbon Black, doubling the storage capacity to 1TB. - At $350, the new console ships with an Xbox Wireless Controller and boasts an eco-friendly design using post-consumer recycled resins. - The Series S is designed for lower resolutions but is a more affordable alternative to the Series X, which is focused on 4K gaming. Bumble CEO Believes AI Can Enhance Dating and Boost Business - Whitney Wolfe Herd, Bumble CEO, believes AI, particularly chatbots, can revolutionize dating by assisting online daters with improving their flirting. - She also suggests that AI can help dating apps generate more revenue by serving re-engaged users better. - As dating apps, including Bumble, integrate more AI features, Herd emphasizes that real love and human connection cannot be replaced by AI. Google Photos Prepares for Ultra HDR Support for Android 14 - New evidence shows that the latest Google Photos version is preparing for Ultra HDR support on Android 14. - The Ultra HDR will provide users with more vibrant and high-contrast photos. - The stable launch of Android 14 and the widespread availability of Ultra HDR support are still anticipated as Google recently released Android 14 Beta 5.2 for testing. UK Cyber Security Centre Warns of Potential AI Chatbot Risks - Britain’s National Cyber Security Centre (NCSC) warns that AI chatbots could be tricked into malicious actions. - AI chatbots, or large language models (LLMs), are being integrated into businesses, potentially impacting areas like customer care and sales. - Security implications of AI are still emerging, with reports of hackers utilizing the technology in the US and Canada. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](