WhatsApp: Insurance Biz; Burger King is a Unicorn
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How to create buzz around your launch with “remarkable” strategies
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Important headlines for you:
Facebook is now building a new tool called ‘Super’.
This tool will allow users to pay and interact with celebrities and entrepreneurs hosting live and interactive video events.
Burger King India’s market value has now surpassed $1 billion as its shares jumped 233% from their Initial Public Offering (IPO) when it was first listed on Monday.
Instagram has launched the Instagram Lite app to Android users in India. Instagram says that the Lite app is 2 MB in size and offers a ‘fast, reliable, and responsive’ experience.
Users can now retweet as before as they won’t see the quote tweet prompt automatically coming up as Twitter has ended its ‘Quote Tweet’ feature. Twitter also plans to shut down its live-streaming app, Periscope by March due to a steady decline in users.
WhatsApp Pay has announced plans to tie-up with SBI General Insurance to provide health insurance; this move will enable users to buy health insurance through WhatsApp on their mobiles.
The startup industry is booming in India as the number of government recognized startups see a 60% rise in the past 12 months.
Bharat Biotech has announced that the phase 1 interim trial results of Covaxin, the Covid-19 vaccine it is developing and testing are out; the trial results show robust immune response and no adverse events.
After YouTube and Gmail, Messaging app, Telegram is now facing a global outage. Majority of users have raised complaints about being unable to send messages.
Fiat is planning to invest $150 million to set up a global digital hub in Hyderabad. The company has said that the planned hub will concentrate on niche technologies and create 1,000 jobs by the end of 2021. The company also said that the employees will get to work on products and concepts that will define the future of mobility.
Google One has received a significant price cut. Google changes its unlimited storage policy and is now offering a 50% price cut on its most expensive cloud storage plans.
Mahindra Electric hopes to surpass its last year’s sales as demands for an electric vehicle (EV) sees a surge; Mahindra Electric plans to capitalize on the better-economy that an EV provides for private buyers; Mahindra Electric will also provide a EV portfolio of Rs. 1.5-15 lakhs.