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One Thing Today in Tech

One Thing Today in Tech

Every week day, Forbes India"s Hari Arakali, Editor - Tech & Innovation, brings you his take on one piece of tech news that caught his attention, covering everything from big tech to India"s growing tech startup ecosystem.

technology

All Episodes

00:03:43

Apple to make AirPods in India too; After TCS, Wipro...

One Thing Today in Tech ·

2022/10/06

Apple is asking suppliers to move some AirPods and Beats headphone production to India for the first time, as it attempts to step up the diversification of its global supply chain that is currently almost entirely dependent on China, Nikkei reports. Wipro has asked staff to turn up for work at the office at least three times a week, Business Standard reports. NetSPI, with $410 million from KKR, plans to set up a base in India. Notes: Apple is asking suppliers to move some AirPods and Beats headphone

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00:04:29

Prosus terminates $4.7 bln BillDesk deal; Google...

One Thing Today in Tech ·

2022/10/04

Prosus, the Dutch-listed global consumer and technology investor, has terminated its agreement to buy India’s BillDesk, ending a deal worth $4.7 billion. Google yesterday announced a list of 20 startups with women founders or co-founders for the first batch of an accelerator programme in India, specifically aimed at encouraging women entrepreneurs. And Svante Pääbo, a Swedish geneticist is this year’s winner of the Nobel Prize for medicine. Notes: Prosus, the Dutch-listed global consumer and

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00:04:55

Reliance Jio to launch affordable laptop – report;...

One Thing Today in Tech ·

2022/10/03

Reliance Jio will launch a budget laptop, called JioBook, priced at Rs. 15,000 (about $184) with an embedded 4G sim card, Reuters reports. The Indian conglomerate has partnered with Qualcomm and Microsoft for this project. Tesla CEO Elon Musk showed off the latest version of the company’s humanoid robot, named Optimus, last week. And Tulsi Tanti, an Indian entrepreneur best known for his wind energy company Suzlon Energy, passed away on Saturday, Business Standard reports. Notes: Reliance Jio will

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00:04:20

Apple plans 25 pct iPhones from India – report; Wipro...

One Thing Today in Tech ·

2022/09/22

Apple is gearing up to make India and Vietnam global manufacturing hubs for its products, with India contributing 25 percent of all iPhones by 2025, according to analysts at JP Morgan, TechCrunch reports. Wipro terminated the services of 300 staff members who were found to be working for its competitors while still being on the company’s payroll, Economic Times reports. And KPIT Technologies takes a big stride in software-defined vehicles with a German acquisition. Apple is gearing up to make India

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00:04:17

KKR, Hero Group to invest $450 mln in Hero Future...

One Thing Today in Tech ·

2022/09/21

KKR, a global investment firm, and Hero Future Energies, the renewable energy arm of the Hero Group, yesterday announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. OneWeb, the Bharti Enterprises-backed UK company building a LEO satellite constellation, yesterday announced the arrival of 36 satellites at an ISRO launch facility. And Nandan Nilekani says offline UPI can touch half a billion people

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00:03:47

IT services deals taking longer in Europe – report;...

One Thing Today in Tech ·

2022/09/20

European customers of India’s IT services providers in multiple sectors are taking longer to finalise outsourcing contracts because of the energy crisis in the region and the global economic slowdown, Economic Times reports. Starlink now covers every continent, billionaire Elon Musk, who is building the LEO satellite constellation-based internet service, said in a tweet yesterday. And Ola has fired another 200 staff, ET reports

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00:04:24

Adobe shares plunge on $20 bln Figma deal; A...

One Thing Today in Tech ·

2022/09/16

Adobe shares fell 17 percent yesterday, its biggest fall in 12 years, after it said it will buy design software rival Figma for $20 billion in cash and stock, CNBC reports. Investors are concerned that Adobe is paying too much, according to CNBC. DotPe, a payments service provider and commerce platform backed by Google, has raised about $54.5 million in a new funding round led by Temasek, Inc42 reports. Notes: Adobe shares fell 17 percent yesterday, its biggest fall in 12 years, after it said it

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00:05:31

Apple iPhones: 12 percent could be made in India by...

One Thing Today in Tech ·

2022/09/15

By fiscal year 2026, at least 12 percent of the free-on-board value of Apple’s global iPhone shipments could be made in India, Inc42 reports, citing a report by Business Standard that is behind a paywall. Byju’s, India’s most-valued startup, yesterday, reported losses of Rs. 4,589 crore for the fiscal year that ended March 31, 2021, which is close to a 20-fold increase over the Rs. 231.69 crore adjusted loss for the previous fiscal year, Moneycontrol reports. And SoftBank Group could be planning

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00:04:48

M Damodaran named to lead a panel to boost VC, PE...

One Thing Today in Tech ·

2022/09/14

India’s finance ministry has formed an expert panel, led by former SEBI boss M Damodaran, to suggest ways to increase the inflow of venture capital and private equity investments into the country. Apple plans to sell more ads. And data analytics cloud company Thoughtspot plans to invest $150 million in expanding its Indian operations over the next five years. Notes: India’s finance ministry has formed an expert panel to suggest ways to increase the inflow of venture capital and private equity

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00:04:26

Google to move some Pixel production to India –...

One Thing Today in Tech ·

2022/09/13

Google is looking to move some Pixel phone production out of China and into India, The Information reports. The company is seeking bids from contract manufacturers for production in India. Apple has already stepped up its efforts to make more of its iPhones in India as geopolitical tensions between the US and China rise. Sachin Bansal’s Navi Technologies gets its IPO go-ahead. And Peer Robotics, a Delhi startup, raises $2.3 milllion

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00:04:30

India to mandate ‘whitelist’ of loan apps; Bessemer...

One Thing Today in Tech ·

2022/09/12

India’s finance ministry has decided that loan apps need to get government approval to be listed on online app stores, predominantly those operated by Google and Apple. The ministry’s officials and Finance Minister Nirmala Sitharaman met last week to discuss rising concerns over loan apps running rampant and the illegal practices adopted by some of the outfits providing loans. Central banker Reserve Bank of India will now make a list of legal apps that are permitted on the stores. Notes: India’s

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00:04:57

Apple iPhone 14 Pro arrives with an interactive...

One Thing Today in Tech ·

2022/09/08

Apple yesterday announced the iPhone 14 Pro and iPhone 14 Pro Max smartphones, featuring a pill-shaped cutout that shows useful information and can be used to bring up apps quickly. Apple calls the cutout, Dynamic Island. It can show important alerts, notifications, and activities. It maintains an active state to allow users easier access to controls with a simple tap-and-hold. Apple also released the iPhone 14 and 14 Max, which retain the older notch for the selfie camera. Notes: Apple yesterday

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00:04:14

India and China clear separate needle-free Covid-19...

One Thing Today in Tech ·

2022/09/07

India and China have cleared separate needle-free Covid vaccines, one a spray in the nose and the other inhaled through the mouth, Associated Press reported yesterday. Regulators in India have authorized Bharat Biotech’s nasal version as an option for people who haven’t yet been vaccinated. Apple’s September iPhone event is later today and its priciest smartphone yet is expected. Notes: India and China have cleared separate needle-free Covid vaccines, one a spray in the nose and the other inhaled

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00:03:29

Google piloting alternative payments; CCI approves...

One Thing Today in Tech ·

2022/09/06

Google has started a “user choice billing” pilot of alternative payment systems in its Play store, in some markets, including India, as pressure mounts on the search giant over the fees it takes for in-app sales by developers. India’s Competition Commission has approved PayU’s proposed acquisition of payments gateway BillDesk, paving the way for the Prosus-controlled fintech operator to become one of the country’s biggest payments processors. Notes: Instagram is being slapped with a fine of €405

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00:04:38

Apple overtakes Android phones in the US, and could...

One Thing Today in Tech ·

2022/09/05

For the first time, there are more iPhones in use in the US than Android-based smartphones. Apple has overtaken Android devices to account for more than half of smartphones used in the US. And Amazon is lagging rival Flipkart in India on several important metrics, according to investment firm Sanford C. Bernstein. Notes: For the first time, there are more iPhones in use in the US than Android-based smartphones. Apple has overtaken Android devices to account for more than half of smartphones used in

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00:04:20

Paytm names new independent director, expects...

One Thing Today in Tech ·

2022/08/29

One 97 Communications, one of India’s biggest digital payments companies, which operates under the brand name Paytm, has appointed GS Sundararajan, former group director of Shriram group as an independent director on its board, the company told the stock exchanges on Aug.27. Byju’s, after 17-month delay is set to report FY21 financials on Sep. 6. And some details may have emerged about Apple’s long-rumoured mixed reality headset. Notes: One 97 Communications, one of India’s biggest digital payments

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00:03:47

Tinder takes Apple to India’s Competition Commission...

One Thing Today in Tech ·

2022/08/25

Tinder-owner Match Group has filed an antitrust case against Apple with the competition regulator in India, accusing the iPhone maker of "monopolistic conduct" that forces developers to pay high commissions for in-app purchases. And OmniX Bio, an initiative from VC firm Omnivore to fund early-stage agri-science startups has picked its second venture in Loopworm. Notes: Tinder-owner Match Group has filed an antitrust case against Apple with the competition regulator in India, accusing the iPhone

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00:04:15

Apple aiming for faster release of new iPhone in...

One Thing Today in Tech ·

2022/08/24

Apple will make and release its latest smartphone, the iPhone 14, in India two months after it comes out in China, narrowing the gap between its main production facility and the small but growing one in India. Meta is rolling out its metaverse accounts and profiles. And Fidelity International has picked up a 5 percent stake in Zomato, the global investment firm told stock exchanges in Mumbai. Notes: Apple will make and release its latest smartphone, the iPhone 14, in India two months after it comes

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00:04:04

Sequoia picks 37 founders, 15 startups for Surge 7;...

One Thing Today in Tech ·

2022/08/23

Sequoia Capital, yesterday, named the next batch of its accelerator programme Surge, in India and Southeast Asia, picking entrepreneurs who are finding opportunities in tackling a range of problems from climate change and agritech to Web3. Many of the founders are women, and several have rich prior experience in their sectors – from finance to aerospace. Some have started straight out of college as well. Notes: Sequoia Capital, yesterday, named 37 entrepreneurs from 15 startups for the seventh batch

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00:04:31

Paytm shareholders near unanimous in voting to...

One Thing Today in Tech ·

2022/08/22

Shareholders of One97 Communications, which operates the fintech platform Paytm, voted almost unanimously for founder Vijay Shekhar Sharma’s reappointment as managing director and CEO for another five years, at the company’s annual general meeting last week. Nandan Nilekani’s VC firm Fundamentum has raised $227 million for its second fund. And some Tesla drivers tested the ‘self-driving’ feature on their own children. Notes: Shareholders of One97 Communications, which operates the fintech platform

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