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Reddit Launches $1 Million Community Fund to Support Creators and Projects

Reddit is giving new wings to the dreams of several projects and creators with the introduction of a community fund. In an official announcement on Monday, Reddit said that it's setting up a new initiative called Community Funds with an initial investment of $1 million (roughly Rs. 7.6 crore) to support a range of projects. The new fund is a result of experiments and efforts over the last six months. The social news aggregation, Web content rating, and discussion website will begin accepting projects, events, and contest…

EU Launches WTO Dispute Against China Over Telecom Patents

The European Union launched a legal challenge against China at the World Trade Organization on Friday, arguing that Chinese courts were preventing European companies from protecting their telecom technology patents.The European Commission, which filed the challenge on behalf of the EU's 27 members, said EU companies were being deterred from going to a foreign court to safeguard their standard-essential patents (SEPs).The Commission has also consulted the United States and Japan, whose standard-essential patent holders…

Airtel Launches Credit Card in Partnership With Axis Bank

Bharti Airtel and Axis Bank on Monday announced a collaboration for offering financial services, starting with a co-branded credit card for subscribers of the telecom services company. Under the partnership, the companies will provide pre-approved instant loans, 'buy now pay later' offerings, and other services. The collaboration will provide Axis Bank support to penetrate deeper into tier 2 and 3 markets, a statement said.Bharti Airtel MD and CEO for India and South Asia, Gopal Vittal said Airtel is building a financial…

Jio-Subsidiary Asteria Aerospace Launches Drone Software Platform SkyDeck

Jio Platforms' subsidiary Asteria Aerospace, a drone manufacturer and solution provider in India, has launched its drone operations platform SkyDeck. SkyDeck is a cloud-based software platform to deliver a Drone-as-a-Service (DaaS) solution for various industry verticals, such as agriculture, surveying, industrial inspections, and surveillance and security, according to a company release.SkyDeck provides a unified dashboard and services for drone fleet management, scheduling, and executing drone flights, data processing,…

Fiture launches a new fitness mirror to compete with Mirror

When Mirror debuted its fitness mirror in 2018, it was a unique, space-efficient take on at-home fitness. Since then, several competitors including NordicTrack and Echelon have launched their own versions. Today, another challenger has appeared in the form of the Fiture — a $1,495 interactive connected mirror that offers real-time form feedback, gestures, voice control, and the ability to build custom workouts. I got the chance to check out the Fiture in person recently, and the device looks, well, like a mirror. It…

Wyze launches a smart garage door opener that integrates with its Wyze Cam

Hot on the heels of its latest smart door lock release, Wyze is launching a garage door controller to manage access for that other way into your home. The Wyze Garage Door Controller launches today and costs $39.99 plus shipping. This gadget lets you control and view your garage door from anywhere using a Wyze Cam v3 and a controller box, so you can see the door while you open or close it remotely using the Wyze app. Instead of using a contact sensor to monitor the state of your door as similar products do, Wyze is…

Diablo Immortal launches in June, and it’s coming to PC

Diablo Immortal, which spawned the infamous “Do you guys not have phones?” moment, has been a contentious game for years due to its focus on mobile. Now, it seems that Blizzard is looking to turn that around, as today it announced that Diablo Immortal will not only launch on Android and iOS on June 2, but on PC in open beta as well. On June 2, Hell is everywhere. 📱 iOS & Android💻 PC Open Beta Pre-register: https://t.co/hKUMmROvQI pic.twitter.com/BoC4tDL7Kq — Diablo Immortal (@DiabloImmortal) April…

Microsoft Launches Founders Hub Platform in India to Empower Startups’ Vision, Drive Innovation

Microsoft on Thursday launched its 'Microsoft for Startups Founders Hub' in India — a platform that will support founders here at every stage of their startup journey, with access to over $300,000 (roughly Rs. 2.2 crore) in benefits including technology and tools from the tech giant and partners.'Microsoft for Startups Founders Hub' is a new digital and inclusive platform for startup founders in India, the company said.Announcing the initiative at a virtual briefing, the company said that the platform offers over $300,000…

Intel Launches New Blockchain Chip to Tap Crypto Boom

Intel on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip will ship later this year and the first customers include Block, the Jack Dorsey-led firm that recently changed its name from Square to highlight its growing focus on the blockchain.Blockchains serve as public ledgers that keep records of transactions on a network of computers and have grown in prominence in recent years. Their rise has also triggered a buzz…

Intel Launches Blockscale ASIC Second-Gen Bitcoin Mining Chip: Here’s All You Need to Know

Intel today announced details about its new bitcoin mining chip, the Intel Blockscale ASIC, which is designed to improve the energy efficiency of proof-of-work (PoW) mining. The Blockscale ASIC device will handle up to 256 integrated circuits per chain and offer a hash rate of up to 580 gigahashes per second (GH/s), a power efficiency of up to 26 joules per terahash (J/TH), an on-chip temperature, and voltage monitoring. Intel will provide its clients with only the ASIC chip itself, rather than supplying a complete ASIC…