Alibaba’s rival JD. Com’s founder steps down as CEO as China’s Crackdown Continues  

Here are the top trending stories from the world of technology. News that dominated the world of technology during last 24 hours.

1)

Alibaba’s rival JD. Com’s founder steps down as CEO as China’s Crackdown Continues  

Alibaba’s rival and Chinese e-commerce giant JD. Com’s founder Richard Liu has stepped down as the company’s CEO. Liu’s resignation has come at a time when Chinese tech companies are facing increasing scrutiny, leading to resignation of several hi-tech bosses. Last year, TikTok’s parent company ByteDance’s founder Zhang Yiming also had to step down. Alibaba and its legendary founder Jack Ma have also been facing crackdown since last year. As part of this crackdown, last year Chinese government had stopped Jack Ma’s fintech company Ant Group’s $34 Bn IPO, which was supposed to be the world’s biggest IPO.

2)

Twitter may let you ‘unmention’ yourself in the tweet

Few days back, Twitter created ripples across the world when it revealed that it is working on the much awaited ‘edit’ button. But according to media reports, the microblogging platform is also testing another feature that will allow users to ‘unmention’ themselves from their own tweets. What this means is that once you activate the ‘unmention’ feature for a particular tweet you’ll stop receiving the notifications and people won’t be able to tag you while replying to your tweet.  In other words, you can simply choose to leave the ‘conversation’ that you don’t want to be part of. Twitter users have often complained that they have to deal with ‘unwanted mentions’ by their followers and even spammers.  But Twitter’s upcoming ‘unmention’ might be able to solve this problem.

3)

Google now lets you search using an image & text at the same time    

Google, the world’s biggest search engine, has rolled out a new feature called ‘multisearch.’ Thanks to this new feature, users can now search by using image & text at the same time – something that was never available on Google before. Google has rolled out this new feature for both IOS and android app. The search giant believes that new feature will especially help its users in searching online shopping products. To activate multisearch, users have to snap a photo of something (coffee table, sofa etc) and then add a text query to narrow down the search. However, it is still not clear whether Google’s multisearch feature will be available across all markets including India.

4)

Jack Dorsey’s fintech company Block is working on a physical crypto wallet

Jack Dorsey’s fintech company Block, previously known as Square, is working on a crypto wallet. Now many people may ask what is so special about it. Well, this crypto wallet won’t be a virtual wallet but a physical wallet. Block’s hardware chief Jesse Dorogusker recently tweeted a photo of rock looking object that apparently comes inclusive with U.S.B port. These rocky objects are actually physical crypto wallets that Block is apparently working on since many years. This photo was also tweeted by Jack Dorsey. It is still not known when exactly Block plans to launch this physical crypto wallet in the market.

5)

Coinbase plan to launch Crypto trading on UPI hit by regulatory hurdle  

Global crypto trading giant Coinbase’s ambitious plan to launch crypto trading using UPI payment support has been apparently dashed by UPI’s regulatory body NPCI. NPCI has said in a statement that it is so far not aware about any crypto exchange using the UPI payment system. The statement appears to suggest that as of now UPI platform won’t allow crypto trading. Although crypto trading in India is no longer illegal, RBI has repeatedly said that cryptocurrency trading requires increased scrutiny. It must be noted that Coinbase has already invested in india’s local crypto exchanges CoinSwitch Kuber and COINDCX.