Author: Agam Prakash

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A Product Enthusiast

London Court

The London High Court decided on Monday that China’s Lenovo Group must pay US tech company InterDigital $138.7 million (nearly Rs. 1,150 crores) for a license for its collection of telecommunications patents. Interdigital Filed Case Against Lenovo China’s Lenovo Group must pay US tech company InterDigital $138.7 million (nearly Rs. 1,150 crores) for a license for its collection of telecommunications patents, the High Court of London decided on Thursday in the most recent round of a protracted legal battle. For Lenovo to obtain a license for its patents, which are crucial to 3G, 4G, and 5G standards, InterDigital filed a…

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T-Mobile to buy Mint Mobile for $1.35 Billion - Asiana Times

Ryan Reynolds turned Mint Mobile into a low-cost rival in the crowded cellular market by leveraging his notoriety and wit. The Hollywood celebrity and his investors are now cashing in by selling the fledgling company to T-Mobile US Inc. in a transaction worth up to $1.35 billion in cash and stock. Approximately 25% of Mint Mobile is owned by Mr. Reynolds, according to those with knowledge of the situation. That indicates that he will personally earn more than $300 million from the deal in stock and cash. On television and in social media, Mr. Reynolds portrayed the company’s spokesperson. His…

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RBI

India proposed a settlement mechanism for Rupee trade as the domestic currency was under immense pressure following Russia’s invasion of Ukraine. Bhagwat Kishanrao Karad informed that according to information, RBI has permitted domestic and foreign AD banks in 60 cases to open SRVA of banks in 18 countries. Rupee trade extended The Reserve Bank of India (RBI) has given approval for the opening of Special Vostro Rupee Accounts (SVRAs) so that payments can be made in Indian rupees, the government informed the Rajya Sabha on Tuesday. Bhagwat Kishanrao Karad, the Union Minister of State for Finance, said in answer to…

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RBI

According to data gathered by the Reserve Bank of India, home prices have increased in the nation, albeit more slowly than in the past, suggesting that higher interest rates have not yet had a significant effect on the market. Recent updates on House Price Index The All India House Price Index (HPI) published by the Reserve Bank of India (RBI) increased by 2.79 percent (year over year) to 302 in the third quarter (ended in December) of 2022–23 as opposed to 293.8, where it increased by 3.1% despite the increase in interest rates a year earlier. According to the most…

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Island

Manila’s largest and most significant outpost in the South China Sea, an area of water primarily claimed by Beijing and where several nations have competing territorial claims, is Thitu in the Spratly island chain. As territorial tensions in the region rise, the Philippines reported on Saturday that it had seen a Chinese military ship and dozens of militia vessels circling a disputed island that it claims to be Philippine territory. The Chinese naval ship and a coast guard ship were seen “slowly loitering” in the nearby waters, according to the Philippine Coast Guard, which reported the sighting of 42 vessels…

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Minister Rajeev

Intermediaries shouldn’t be permitted to have a different set of compliance for different countries, says NHRC Chairperson Mr. Justice Arun Mishra. The Government is working on a Digital India Act to stop the internet-aided circulation of illegal, criminal, and child sexual abuse material. Rajeev Chandrashekar’s Statement Union Minister Rajeev Chandrashekhar said on Friday that the government is working on a Digital India Act that will include new regulations for halting the internet-aided circulation of unlawful, criminal, and child sex abuse material. The minister of state for electronics and information technology said this will make internet service providers (ISPs) and other…

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Supreme Court

The top court is expected to rule today in the case of Adani Group v. Hindenburg Research regarding the formation of a panel of subject matter experts to reinforce current regulatory measures for stock markets. Today, the Supreme Court (SC) will issue a ruling regarding a group of PILs that ask for an investigation into fraud claims made against the Adani Group by US-based short-seller Hindenburg Research. A major selloff in Adani equities resulted from the damning report from the short-seller, wiping out regular investors to the tune of billions of dollars. The highest court’s decision about the formation of…

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Warmest Feb since 1877: IMD - Asiana Times

According to IMD officer Bhan, who was responding to a question, the monthly average maximum temperature for February was the highest since 1877. He attributed the upward trend to the phenomenon of global warming.”The planet is presently going through a period of global warming. The world is warming up.” Bhan replied when asked if the extreme temps were an indication of climate change. According to the weather service, India had its warmest February since 1877 this year. The absence of winter rain, clear skies, and anticyclones, among other factors, contributed to the increase in temperatures, according to SC Bhan, director…

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Facebook & Instagram will soon provide paid verification - Asiana Times

According to parent company Meta, users of Instagram and Facebook will eventually be able to buy a blue-tick verification. Following the implementation of a comparable system at Twitter under Elon Musk, new references in Instagram’s code indicate the firm may be exploring a paid verification function. Recent code fragments have been uncovered that expressly refer to a “paid blue badge” and the latest subscription service, according to a developer. The identical reference can be seen in the most recent version of the Facebook app, suggesting that paid verification might be made accessible on all of Meta’s platforms in the future. Alessandro Paluzzi, a developer, and reverse engineer made the finding. In the past, Paluzzi has foreseen the release of various new Instagram…

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Cyclone Gabrielle

Authorities started evaluating the effects of floods, landslides, and severe winds as Cyclone Gabrielle moved away from New Zealand on Wednesday. Cyclone Gabrielle: A week after the hurricane hit New Zealand’s North Island, hundreds of people were still unaccounted for, and on Sunday, the death toll rose to 11. Due to massive flooding and landslides, New Zealand issued a “National State of Emergency” on Tuesday. Deaths Due to Cyclone Gabrielle: Six regions—Northland, Auckland, Tairawhiti, Bay of Plenty, Waikato, and Hawkes Bay—have already adopted it. In some locations, the government has already proclaimed a “local state of emergency.” On February 12,…

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