Suryansh GIZWIZ

After maintaining a distance from the social networking space, Binance founder and former CEO Changpeng Zhao seems to be on track for a comeback. In a post on X, Zhao said he is going to be launching a new project called Giggle Academy. This is a free-for-all education project that aims to provide basic education for grades 1-12 through engaging, interactive games. As per Zhao, no crypto token – existing or new – is part of this project. Source: Reuters Zhao stepped down from the position of Binance's CEO last year, after he pleaded guilty for violating anti-money laundering and sanctions laws in the US. He is now facing potential jailtime, a decision on which will be finalised around April 30 when Zhao is slated to appear on court for this verdict. “Building a high-quality and sticky education platform that is entirely free and accessible to all is the most impactful thing I could do for the next chapter of my life,” Zhao said on the official website of this virtual academy. In...

X  (formerly known as Twitter) has revealed its overall year-on-year growth numbers for video consumption and time spent watching videos, claiming that the social media platform is showing strong video-centric content consumption behaviour. The company CEO Linda Yaccarino also acknowledged the platform's rise in the video domain. Notably, X owner  Elon Musk  has emphasised the importance of becoming video-first and released several new video-centric features ever since he took over the company. Last month, X introduced audio and video calling features for all users. Source: Pimp My Type The information was shared by X Data, the official data-sharing account of the platform. As per the  post , the social media giant has grown by 35 percent year-on-year in terms of video views. This indicates that the overall views of videos on the platform have grown more than one-third since the previous financial year. In addition, the post also added that the total time spent on vi...

Image: Shutterstock Under pressure from European regulators,  Apple  took a step back in its feud with  Epic Games  on Friday, clearing the way for Epic to put its own game store on iPhones and iPads in Europe. Earlier this week, Apple had taken steps to  block  Epic from starting up a store and bringing back the popular game  Fortnite , which Apple removed from its App Store in 2020 after Epic broke the iPhone maker's in-app payment rules in protest. Apple's decision to open its door to Epic follows the European Union's Thursday deadline for Big Tech companies to comply with the Digital Markets Act ( DMA ), a set of rules that bans Apple and Google from controlling which apps are distributed on devices with the  iOS  and Android operating systems. Thierry Breton, the EU's industry chief, said regulators had warned Apple about the iPhone maker's move earlier this week to block Epic's potential return. "I take note with satisfaction that follo...

India, despite its sceptic stance towards cryptocurrencies, is all in favour of conducting research and development around blockchain – the underlaying technology that powers cryptocurrencies. In a fresh development, the National Payments Corporation of India (NPCI) has joined forces with the Indian Institute of Science (IISc), Bengaluru. The aim of this partnership is to conduct research around emerging technologies like  blockchain  and  Artificial Intelligence (AI) . Both the parties signed a Memorandum of Understanding (MoU) officiating this collaboration. The NPCI, as its name suggests, is an  RBI  initiative focussed on bringing innovations in the retail payment systems through technologies. The IISc, on the other hand, is among India's premier institutes for advanced scientific and technological research – established in 1909. Both these parties together, will work on developing scalable blockchain platforms. A multi-modal analytics platform to oversee fi...