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Thursday, October 27, 2022

Telegram groups become beacons of hope in a war-torn Ukraine

War is a catastrophe with absolutely no silver linings. No number of victories and badges could justify the toll it takes on human life. Ukraine had been struggling to break loose from the sharp claws of war ever since Russia took over the country. Even after the Russian troops retreated, the scars left by the war are still as fresh as in the beginning. There are people who lost their lives, and there are several others about whom their families have no information. In the haze of the war, these people vanished without a trace, and their loved ones are trying their best to locate them, or at least know if they are dead or living. For these people, social media platforms are becoming beacons of hope. They post messages every single day in the hope that someone somewhere might have a clue about their dear ones. Read along to know more.

Do Not Try to Interrupt a Ukrainian Woman”: Explaining the War to Europe's Skeptics | Vanity Fair

Source: Vanity Fair

Telegram Groups

Residents of Lyman, Ukraine post messages on Telegram every single day in an attempt to find their loved ones who disappeared over the last five months. During the time of the Russian occupation, obtaining information about anyone or anything was entirely out of question. Lyman was at the receiving end of Russia’s brutal attack that greatly affected the population. Following the attacks, Lyman which had a population of over 20,000 decreased to just 5,000.

War ends, but the memory of it has the power to seep through generations. Lyman is liberated now, and yet people are tormented by the uncertainty surrounding people who went missing during the time of the conflict. The telegram groups do their bit in alleviating this uncertainty to some extent as they come with a tinge of hope.

Channels Of Hope

Hope comes in different forms. In war-torn Ukraine, hope is synonymous with Telegram groups. A woman named Catherine started ‘Lyman Online’ in the month of May. This Telegram channel was created in the hopes that it would become a resource for her hometown. At the moment, the channel has over 3,200 members. Every single day, Catherine religiously posts pleas for any information about people who went missing.

“At first, I was only helping people I knew, and then I started helping everyone. People wrote in personal messages. There were too many. So I created a group where people write text messages, and there I send information,” said Catherine.

It was during the periods of intense fighting in Lyman that the platform was crowded with the most number of messages. During these times, communication channels will be cut off, adding to the anxiety of worried relatives who write in the group.

 

 

The post Telegram groups become beacons of hope in a war-torn Ukraine appeared first on TechStory.


Wednesday, October 26, 2022

Why Crypto Is So Popular in Turkey

It has been a harsh year for crypto. Costs have plunged, projects have fallen and organizations are laying off representatives. In the U.S., bitcoin doesn’t seem, by all accounts, to be going about as the expansion support it should be. A nation like Turkey gives a few responses. After discussions with almost two dozen individuals in the Turkish crypto local area, I got a brief look at a world wherein crypto is definitely not a game, however a need.

Nor has it been a place of refuge from the disturbance of the securities exchange. In any case, one could inquire: Why bother with crypto?

Crypto fever is tangible in Istanbul. The region around the Fabulous Marketplace has a few private ventures where you can simply stroll in and trade cash for bitcoin (BTC) or tie (USDT). My partner said the main thing she saw at Istanbul air terminal was a colossal crypto promotion. There are no less than 8 million individuals in Turkey participating in crypto, as per a gauge in a 2022 examination report by the Turkish crypto trade Paribu, one of the biggest crypto trades in Turkey. Simply last week, President Recep Tayyip ErdoÄŸan featured the advantages of blockchain innovation, while encouraging youngsters to avoid betting with digital money. He likewise said that Turkey needed to be a maker, not a customer, in the computerized resources world.

 

Obviously, Turkey isn’t resistant to the worldwide crypto slump. Paribu’s 2022 exploration reports the trade’s everyday exchange volume at $145 million, down from $850 million out of 2021. Yet, nearby excitement stays solid. Turkey’s crypto local area is supporting Devcon, Ethereum’s greatest designer occasion, to be held in Istanbul.

 

There have been different traditional press articles that depict crypto as a shelter from Turkey’s high as can be expansion and the precarious depreciation of the lira. The falling lira is a major piece of this story, yet it doesn’t completely make sense of crypto’s nearby allure. In Turkey, crypto addresses a sort of opportunity: from the public money, from the public authority’s financial strategies and even from the limitations of corporate life.

 

“Crypto is fundamentally a rescuer for some people here both according to a monetary viewpoint, and furthermore according to a psychological viewpoint,” said Vidal Arditi, the Istanbul-based organizer behind Layka DAO and Lunapark Web3 Center point.

 

The post Why Crypto Is So Popular in Turkey appeared first on TechStory.


ARK’s Cathie Wood Bought $100K Worth of Bitcoin Years Ago at $250 and Has Never Sold It

Showing up on Peter McCormack’s “What Bitcoin Podcasted,” ARK Venture The board Chief Cathie Wood said she bought $100,000 worth of bitcoin (BTC) when it was exchanging around $250 (which would propose at some point in 2015). She said she hasn’t sold any of that underlying speculation, meaning her ongoing benefit on that $100,000 bet would be around $7.6 million.

 

Cathie Wood, whose firm she helped to establish is centered around creative and troublesome ventures, expressed that while she had the option to make that individual bet on bitcoin, she was unable to do likewise in the ARK supports themselves as they were and are simply permitted to put resources into protections.

 

ARK in the long run had the option to get bitcoin openness through the Grayscale Bitcoin Trust (GBTC). The ARK Cutting edge Web Asset (ARKW) right now holds around 5.9 million portions of GBTC esteemed at generally $67.4 million.

 

Cathie Wood keeps on being bullish on bitcoin, and sees the Grayscale Trust – as of now selling at about a 35% markdown to net resource esteem – as exchanging at a “fire deal” cost given the opportunity that sooner or later it will be cleared to change over into a spot trade exchanged reserve (assuming controllers permit).

 

Grayscale is claimed by CoinDesk parent organization Computerized Money Gathering.

The post ARK’s Cathie Wood Bought $100K Worth of Bitcoin Years Ago at $250 and Has Never Sold It appeared first on TechStory.


A Thai businesswoman pays $20 million to purchase the Miss Universe Pageant.

The Miss Universe Organization has been acquired by a transgender rights activist and celebrity media entrepreneur from Thailand for $20 million, according to her firm. This is the first time a woman has owned the organisation that organises beauty pageants.

The CEO and largest shareholder of JKN Global Group Pcl (JKN), Jakapong “Anne” Jakrajutatip, is well-known in Thailand for appearing on the country’s local adaptations of Project Runway and Shark Tank.
She founded the Life Inspired For Thailand Foundation to promote the rights to dignity and opportunities for transgender persons, and she has been outspoken about her experience as a transgender woman.

According to Jakapong, the acquisition is “a significant, strategic addition to our portfolio,” and Miss Universe hopes to grow in Asia with its content, licencing, and merchandising potential.

Documentaries and Bollywood dramas are among the international programmes that JKN distributes in Thailand in addition to its own original programming. In early Wednesday trading, its shares increased by about 10%.

According to Jakapong, the purchase is “a significant, strategic addition to our portfolio,” and Miss Universe hopes to use the acquisition to expand its content, licencing, and merchandise offerings.

The Miss Universe Organisation, which Donald Trump co-owned between 1996 and 2002, holds an annual beauty pageant that has been aired in 165 nations for 71 years.

 

The post A Thai businesswoman pays $20 million to purchase the Miss Universe Pageant. appeared first on TechStory.


Is Twitter crashing? Twitter lost its membership count since the pandemic

Twitter has been occupied with the ongoing trial with Elon Musk which will be closed this Friday. Billionaire Elon Musk along with its co-investors are all set to buy Twitter at $44 billion.

 

Although it is good news, Twitter is already paying its price as many heavy tweeters are declining from the platform with no sign of coming back.

 

Who are “heavy tweeters”?

 

Twitter users who use Twitter six to seven times per week and tweet at least 3 to 4 times a week are defined as heavy tweeters by Twitter Inc. According to reports, they have been declining in huge numbers since the COVID-19 pandemic.

 

Heavy tweets are about only 10% but it generates half of the global revenue and 90% of the tweets are shared by them. It includes celebrities, politicians, industrialists, and sports personalities, etc. like Rihana, Katy Perry, Taylor Swift, Elon Musk, Barack Obama, Ronaldo, etc.

 

 

Why is Twitter losing its active users?

 

Twitter’s internal research found that there are heavy users who are interested in content like NSFW cryptocurrency which is growing constantly. Among the popular social media platforms, Twitter is one of the few platforms that allows nudity. Research declared that adult content contributes to 13% of Twitter alone, according to a report by Reuters.

 

Most advertisers stay away from controversy or nudity because it can damage their reputation as well as their brand. Major advertisers like Forbes, PBS, and Dyson suspended advertising on Twitter due to some accounts demanding child pornography on Twitter, reported in September by Reuters.

 

English-speaking users who are most active on Twitter have also seen an increase in interest in cryptocurrencies, reaching an all-time high in late 2021, internal documents showed. But interest in cryptocurrencies has decreased since the crypto market crashed in June. The study showed that growth in this field is hopeless in the future.

 

Since the number of English-speaking users is more, the interest in topics clashes among Twitter users. Topics such as sports, and entertainment have seen a drastic decline among those users which has ultimately affected the other users and advertisers.

 

Most of its revenue from Twitter is earned in the United States alone as compared to half of its market. The ads may have targeted the US-based Twitter user, Jasmine Enberg, who is an analyst at Insider Intelligence.

 

Several investigations were carried out to find out the exact reason why there has been a decline in users. Sadly, no perfect conclusions turned up.

 

The post Is Twitter crashing? Twitter lost its membership count since the pandemic appeared first on TechStory.


Tuesday, October 25, 2022

Google Lands in Trouble as India Fines the Company $113 Million for Abusing Play Store’s Dominance

According to recent reports, Google has landed in trouble again as India has fined the company $113 Million for abusing Play Store’s dominance. Read the entire article to learn more about this interesting piece of news.

About the fine

After a long investigation, the Competition Commission of India said Google’s requirement for Play Store developers to use its billing system “constitutes an imposition of unfair condition,” as TechCrunch reports.

The regulator found that Google didn’t use the billing system for its own apps, which it said constituted an “imposition of discriminatory conditions.” The probe into Google has been going on since the year 2020 by the Competition Commission of India. According to them, the need to for Play Store developers to use its billing system is extremely wrong and unfair. Therefore, the agency has given Google a period of three months to open the Play Store to third-party payments as well.

The Competition Commission also stated that Google must be fully transparent with Play Store developers and that it can’t impose any condition on them “which is unfair, unreasonable, discriminatory or disproportionate to the services provided to the app developers.”Furthermore, Google will need to have a clear and transparent data collection policy, and it will not be allowed to use “competitively relevant transaction/consumer data of apps generated and acquired” through the Google Play Billing System to its competitive advantage.

About Google

It is safe to say that majority of people know what Google is and what work it does. The company has managed to make its mark in every country and also in everyone’s hearts and minds. In today’s time, the answer to everything is Google. Whether it’s a silly maths problem or a messy breakup, Google provides you with all the information you need to deal with problems in the real world. Since it came into existence, the company has managed to exceed everyone’s expectations and in today’s time, it is one of the most successful companies in the whole world. Sundar Pichai is currently the CEO of Google.

About Sundar Pichai

Sundar Pichai continues to be a source of inspiration for many people who have a lot of struggles ahead of them before they make it big in the world. Sundar Pichai was an ordinary man with no one to back him, it is his hard work and dedication that paid off and got him where he is today. Since his inception as the CEO of Google, he has done nothing but lead the company onto the pathway to success.

The post Google Lands in Trouble as India Fines the Company $113 Million for Abusing Play Store’s Dominance appeared first on TechStory.


Rishi Sunak’s Wife , Akshata earned Rs 126.6 Dividend Income From Infosys in the Year 2022

According to recent reports, the new British PM’s wife, Akshata Murty earned Rs 126.6 crore dividend income from Infosys in the year 2022. Read the entire article to learn more about this news piece.

About the earnings

The daughter of Narayan Murthy, Akshata Murty earned a large amount of Rs 126.6 crore due to shareholding in one of the largest firms in India, Infosys. She has been in the news since her husband stood in the race for UK’s new prime minister. At that time, her spokesperson had stated that as a citizen of India, she was unable to hold citizenship of another country and that “she has always and will continue to pay UK taxes on all her UK income.”As the controversy spread she at that time announced that she would pay UK tax on all of her worldwide earnings out of a “British sense of fairness”.

About Infosys

For people who do not know much about the company, this article is here to give you an idea about the firm. It is one of the largest firms in India and its work revolves around providing digital services and consultancy. It came into existence in the year 1891 and since then it has done nothing but exceed people’s expectations and made its way to the top. The company has been quite successful and is known to a majority of people in the world. It is one of the leading companies in digital services and consultancy. The company also has a foundation that gives importance to the upliftment of the underprivileged section the society. The foundation plans on providing them with equal opportunities so that they can make it big in the real world.

About Akshata Murty

She is known to be the daughter of Narayan Murthy who is the co-founder of Infosys and the wife of the newly elected UK Prime Minister Rishi Sunak. She was recently in news due to a controversy regarding her non-domiciled tax status in the UK.  As per British Law, this means that she doesn’t have to pay anything from the dividend that she receives from overseas companies. There were several questions raised about her income as well as due to the Ukraine-Russia war, their economies haven’t been doing that well and some parts of Infosys operate in Russia. Right after this, Infosys decided to move out of Russia seeing the situation getting worse before the war with Ukraine.

 

 

 

The post Rishi Sunak’s Wife , Akshata earned Rs 126.6 Dividend Income From Infosys in the Year 2022 appeared first on TechStory.