Here is the top trending news from the world of technology and Business. News that we feel every tech and business enthusiasts should keep a tab on.
China is secretly building a blockchain platform
According to media speculations, China is quietly building a blockchain platform. This platform aims to make the Asian giant a global leader in blockchain technology. China’s secret blockchain platform is called BSN. The primary aim of BSN is to help big Chinese cloud companies in adopting and applying blockchain technology in their projects. Media reports claim that China even aims to take the BSN platform to international markets in the coming years.
UberEats will be experimenting with self-driving cars for its delivery
According to Techcrunch, UberEats will be running a pilot project wherein it will be using Self-driving or autonomous cars for making deliveries. Currently, the company will be running this pilot project only in selected areas in Los Angeles. This will probably be for the first time that UberEats will be experimenting with autonomous cars for making deliveries. However, it should be noted that self-driving cars are quite notorious for causing accidents on the road.
Elon Musk puts Twitter deal on Hold…all bcoz of fake accounts
In yet another interesting development in Elon Musk – Twitter Deal, Musk has put on hold the high-profile deal. The Tesla boss has used a higher moral ground for blocking the $44Bn deal. The world’s richest man said that he wants Twitter to confirm that fake accounts indeed constitute less than 5% of its total accounts. The microblogging platform has always maintained that fake accounts accounted for not more than 5%. But it seems that Musk still doubts this claim. Analysts, on other hand, are arguing that the Tesla boss may be using this strategy for forcing Twitter to lower its acquisition price.
Gautam Adani makes one of the biggest acquisitions in India’s infrastructure industry
Gautam Adani, the famous business tycoon who is known for his close ties with Prime Minister Modi, has made one of the biggest acquisition deals in India. This after his company Adani Cement managed to acquire two of India’s biggest cement manufacturers – Ambuja cement & ACC cement. Both these deals were worth whopping $10.5 Bn. Adani Cement defeated big players like UltraTech Cement and JSW Steel in a race to acquire these companies. Interestingly, Adani had formed Adani Cement only last and he still managed to defeat these big players in the acquisition race.
Netflix may soon add live streaming feature to its platform
Worried by the slow growth in its subscription numbers, Netflix may soon introduce a live streaming option to its platform. According to media reports, the streaming giant may initially introduce live comedy shows and stand-up special programs as part of its live streaming feature. Apparently, Netflix is deploying several strategies in order to stay competitive amid growing competition. It is already planning to introduce ad supported plans to its platform by the end of this year.