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Apple Special Event – September 12, 2017

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Apple Special Event,Apple Event,highlights of apple event,Apple iPhone Event,apple iphone event 2017,#iphonelaunch,apple latest news,Steve Jobs Theatre,iphone 8 launch,apple ceo,Startup Stories,2017 Latest Business News,2017 Technology News


Global technology giant Apple held their annual product keynote in the Steve Jobs Theatre at the new Apple Park Campus in Cupertino, Calif, yesterday. The event was started with an homage to the Apple founder and icon Steve Jobs using an old voice recorded message from the founder.

Chief Executive Officer, Tim Cook then took the stage to begin the event at the company’s new head office. Speaking about the tribute he said, “It’s taken some time, but we can now reflect on him with joy, rather than sadness.” The head office was designed by Jobs before his demise six years ago. Cook also spoke about Apple’s efforts in helping Hurricane Irma and Hurricane Harvey victims in Florida and Texas respectively. The new headquarters Apple Park was built using sustainable materials and will be the first campus to use 100% renewable energy with a solar paneled roof to generate power.

The special event was the launchpad for multiple new products the company has been designing including their rebranded retail stores, now called the Apple Town Houses. The Apple Town Houses will also hold a new program called ‘Today At Apple’ where people can come together to learn different art forms such as coding, designing and photography. The new Watch Series 3 was also launched, which for the first time will allow users access to Apple Music to stream its 40 million songs, podcasts or Beats 1 radio shows. Priced at $399, the new upgraded watch comes with built in cellular connectivity that can be used to make phone calls as well. The Apple watch will be available in stores from 22 September.

The Apple TV was also unveiled at the event and offers a 4K resolution to the users along with standard HDR. Apple’s latest streaming device will be partnering with Netflix and Amazon to offer their programming in super high resolution. The high end TV will also be available from 22 September and will be more tightly integrated with Apple Music in its new iteration.

The real stars of the event were the three new iPhone models. The first iPhone that created ripples in the smartphone industry had up to 16 GB storage space, 1400 mAh battery, 3.5 inch screen and a 2.0 MP camera. The newly launched devices, according to Tim Cook, are far more intelligent, far more capable and far more personal than ever before. The three new models are named iPhone 8, iPhone 8 Plus and the iPhone X, which is pronounced as iPhone ‘ten.’ Along with the color, the camera and software of the iPhone 8 and iPhone 8 Plus have been upgraded while iPhone X packs a whole new arena of features.

The future of the smartphone is here.
The iPhone 8 and 8 Plus will be priced at $699 and $799 for the 64 GB versions respectively, while the iPhone X will cost a whopping $999. Both the iPhone 8’s will be available from 22 September where as the iPhone X will begin shipping from 3 November.

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Uber And Bajaj Partner To Install Safety Partitions In One Lakh Auto Rickshaws

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Uber And Bajaj Partner To Install Safety Partitions In One Lakh Auto Rickshaws

Ride hailing company Uber and automaker Bajaj have partnered with each other to install safety partitions in one lakh auto rickshaws in India.  In what can be termed as a best case practice and healthy collaboration across two industries, this move comes on the back of the COVID-19 pandemic which is spreading across the world.  The installation of the safety partition aims to make Uber auto rides safer for both the driver partner and the passengers.  The safety partition also improves the brand trust and value for both Uber and Bajaj.  The partnership also aims to make travel in the new normal safer for both riders and the driver.

Safety kits consisting of face masks, hand sanitizers and vehicle disinfectants will also be distributed to 1,00,000 auto rickshaw drivers across 20 cities including New Delhi, Gurugram, Mumbai and Pune.  The other cities include Chennai, Hyderabad, Bengaluru, Mysore and Madurai.  Uber has also been using its technology to provide driver partners with training on usage of PPE kits and sanitisation protocols for their vehicles via the Uber app.  

ALSO READ: Uber Rides Are Going To Be Changed Forever In The Foreseeable Future Because Of COVID-19

Uber has resumed 70% of its operations across India since the lockdown rules have been relaxed by the government.  “We are seeing green shoots and most importantly the recovery is strongest in our auto product.  It is because of the price point, reliability and many other factors (sic,)” said Nandini Maheshwari, Director Business Development, Uber APAC, in an interview. “When you take an auto rickshaw we want you to know that you will be hundred percent safe and secure (sic.)”

“As our country opens up, we at Bajaj Auto are keen to assist our driver partners in giving a safe ride to their customers (sic,)” said Samardeep Subandh,President Intra City Business, Bajaj Auto.  Furthermore, Subandh also said “Towards that, we are reaching out to more than 100,000 drivers to install safety partitions and deliver disinfection kits irrespective of the make of the vehicle (sic.)”

 

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Storage For Rent: This Startup Idea Is Seeing A Huge Demand During COVID-19 Pandemic

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Storage For Rent: This Startup Idea Is Seeing A Huge Demand During COVID-19 Pandemic

If you could travel six months back in time and tell yourself how the world would look now, you might have dismissed it as a hoax.  The world changed suddenly when the COVID-19 virus broke out and started spreading across the world.  The virus which manifests in the form of a flu before attacking the respiratory system currently has no vaccine.  This forced governments across the world and India included, to enforce a strict mandatory nationwide lockdown.  

The lockdown was initially announced in India for just three weeks and many businesses and startups never expected it to go beyond a month.  However, the lockdown is still continuing albeit with a few relaxations, but many industries continue to be badly affected by it as they saw zero revenue in the last three months.  Many organisations and businesses have made the shift to remote work as their offices remain to be closed for fear of contracting the COVID-19 virus.  

As software companies continue to declare work from home for the foreseeable future, many employees are looking to return back home from technology hubs like Bengaluru and Hyderabad so as to save money on huge rents in the metropolitan cities considering their offices are not opening anytime soon.

ALSO READ: How The Events Industry Is Impacted By The COVID-19 Pandemic

This is where a unique concept where companies offering storage spaces for long term rent is seeing a huge spurt in demand.  As software employees in Bengaluru are slowly vacating their accommodations to move back home in order to save on rental expenses, they have no place to store their personal belongings.  Firms like SafeStorage, Storagians, StowNest Storage and MyRaksha, which provide the service (storage for rent,) have seen a spike in clients and quotation requests.  Even some gyms and restaurants, both of which are yet to reopen completely, are offering their facilities for storage in order to reduce their own rental expenses.

ALSO READ: How The COVID-19 Pandemic Affected Startup Investments And  IPOs In 2020

These storage firms offer facilities like pickup services, CCTV monitoring and individual locker facilities apart from providing insurance coverage against theft, natural calamities and fire.  Ramesh Madisetty, co founder of SafeStorage, says “We have 13 warehouses with 1.16 lakh sq ft space in Bengaluru.  We have signed up for another 27,000 sq ft facility near Whitefield.  There is a 10x jump in enquiries due to Covid-19 , from 30 to 300 now (sic.)”

Another company named Storagians, which offers storage for rent in Bengaluru has already run out of storage space and are having to turn away customer requests.  Prasanna Kumar, founder of Storagians says “Unfortunately, we are turning down customers’ requests due to the non availability of slots sic.)”

The average monthly rent is based on the volume of goods.  While goods accommodated in 1BHK are charged a monthly rental of Rs. 2,500-3,500 and it will be Rs. 4,500-5,000 for 2BHK.  As more and more enterprising people are embracing this concept, many others are racing against time to get their own facilities up so they can offer storage space for rent.  This concept will continue to see a huge demand as long as companies keep working remotely.

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Mukesh Ambani Overtakes Warren Buffet To Become 7th Richest Man In The World

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Mukesh Ambani Overtakes Warren Buffet To Become 7th Richest Man In The World

Mukesh Ambani is having one of the best years of his life as his net worth is soaring like a rocket is not showing any signs of slowing down.  Mukesh Ambani achieved a major milestone in his career as he broke into the elite and exclusive list of the richest billionaires in the world.  This milestone happened just last month when Mukesh Ambani’s net worth surged to $ 64.5 billion which catapulted him to the exclusive list of the richest billionaires in the world.

When Mukesh Ambani entered the list of the world’s richest billionaires, he was ranked at the ninth position ahead of Google founder Larry Page.  Mukesh Ambani also holds the distinction of the only Asian tycoon in the exclusive list of World’s Top Ten Billionaires.  However, Mukesh Ambani surged one place ahead as he overtook Warren Buffet, the Chief Executive Officer of Berkshire Hathaway.  Mukesh Ambani’s net worth surged to $ 68.3 billion dollars overtaking Warren Buffet’s net worth of $ 67.9 billion.

ALSO READ: Mukesh Ambani Enters Top Ten Billionaires List

Mukesh Ambani is riding on the back of a series of investments into the company’s digital unit, Jio Platforms Ltd., which Reliance claimed made the company net debt free and also proved the COVID-19 pandemic has not affected the fortunes of Reliance Industries.  The latest company to invest in Reliance is the processor chip manufacturer Intel as the invested Rs. 1,894.50 crore in Jio Platforms for a 0.39% stake.  Jio Platforms also raised capital from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubidala, ADIA, TPG, L Catterton and PIF.  While a crash in oil prices caused uncertainty in a stake sale of Reliance’s oil and chemicals division, in just two months Jio managed to attract some $ 15 billion which is more than half the investment into telecom companies worldwide this year.

Here are the latest standings in the list of the World’s Richest Billionare’s list:

  1. Jeff Bezos, net worth: $ 188.5 billion
  2. Bill Gates, net worth: $ 114.9 billion
  3. Bernard Arnault, net worth: $ 92.8 billion
  4. Mark Zuckerberg, net worth: $ 92.7 billion
  5. Steve Ballmer, net worth: $ 77 billion
  6. Larry Page, net worth: $ 71.7 billion
  7. Sergey Brin, net worth: $ 69.5 billion
  8. Mukesh Ambani, net worth: $ 68.3 billion
  9. Warren Buffet, net worth: $ 67.9 billion
  10. Larry Ellison, net worth: $ 65.8 billion

 

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