Fireside Ventures details future plans, All about Apple's ‘Netflix for games’

Daily Capsule | 30th Jan Hello Do you shake your head in disbelief or smile at innocent ignorance? Perhaps both, but what do you do if those 'ignorant' are your own parents? Scream? Shout? or rant on Twitter? Australian E-sports commentator Nate Patrick chose to take the third route in a hilarious tirade on learning of an encounter his parents had on a train journey. A noisy bunch travelling with Nate’s parents turned out to be the Manchester United squad, and the Patricks, oblivious of the mega-stardom of their co-passengers were unimpressed. So much that Patrick Sr was left wondering on an offer of a picture with Paul Pogba. Yes, he did not recognise Paul Pogba! Well, you surely cannot disown your parents, but rant you can and Nate did, leaving the world in splits. Here's to all our 'parents' stories. Cheers, Team YourStory Stories you shouldn't miss With India’s 2019 general elections around the corner, Facebook has come up with a strategy to fight fake news and launch transparency tools. As part of this initiative, [the social media giant will set up two regional operations centres, in Dublin and Singapore, to track election integrity and monitor Facebook, WhatsApp, Instagram and Messenger.]( teams will add a layer of defence against fake news, hate speech, and voter suppression, the company said in an official blog post. Known for its investments in consumer brands, early-stage venture fund Fireside Ventures unveiled ambitious plans for the years to come. And it[includes taking each of its brands to Rs 1,000 crore in revenues, and building 25 iconic consumer brands over the next 15 years, including a few 'unicorns' in the next decade.]( is an emergence of young brands, and we believe we can set ambitious targets for growth because consumption is on the rise in India,” said Kanwaljit Singh, Managing Partner at Fireside Ventures. If rumours are to be believed, [Apple might be working on a subscription-based gaming service, dubbed ‘Netflix for games’ by media reports.]( If things go as planned, the service would allow subscribers to access a select list of game titles for a certain fee. The iPhone maker is already said to have initiated discussions with game developers in the second half of 2018, but until the company gives an official nod, it’s wise to take this piece of news with a pinch of salt. Founded in 2015, Bellatrix Aerospace is one of the many companies trying to gain a slice of the pie that is space exploration. [The startup’s claim to fame is an indigenous electric propulsion system for satellites, called Microwave Plasma Thrusters (MPT).]( the MPT, Bellatrix offers its customers the ability to take bigger payloads into space at a reasonable cost. What’s even better? It’s an eco-friendly and a cleaner alternative to the existing electric propulsion. With a growing number of consumers turning to eco-friendly, organic and sustainable clothing options, Bengaluru-based NorthMist is carving a niche for itself.[Launched by Smrity Gupta and Arijit Mazumdar in March 2018, the company manufactures organic men’s t-shirts, and sells them across India.]( has already launched two collections, and is preparing to launch its third one this summer. State Bank of India (SBI) recently alleged the misuse of Unique Identification Authority of India (UIDAI) data. According to media reports,[SBI officials are said to have informed the UIDAI that the logins and biometrics of their operators were misused to generate unauthorised Aadhaar cards.]( charges, however, were rubbished by UIDAI, which claimed that the Aadhaar database was completely secured, and no breach had taken place. With capital support of up to Rs. 30 lakh, access to IIM-A’s CIIE’s Founder Network, expert-led field studies, intensive workshops, investment readiness advisory and preparation, cloud credits, legal, marketing and other ancillary services worth an additional Rs 20 lakh, visibility on online, offline, social channels and events, and much more, the [Financial Inclusion Lab accelerator programme is definitely a not-to-be-missed opportunity for startups.]( Applications close on Feb 10. [Apply now!]( Calling all AI, IoT & ML startups! We’re organising an exclusive meetup with ecosystem experts & startups at the Dell Small Business Solution Center to discuss opportunities, collaboration & scaling up. It’s restricted to just 12 attendees. [Sign up here]( Future of Work 2019 promises multiple niche and deep-dive sessions on technology, platforms and its impact on business. [Click here for early bird discounts and more details!]( -- [Click Here]( to unsubscribe from this newsletter.