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Tech: NFT Cryptocurrency Marketplace Ban, Meta Shutting Its Crypto Wallet Novi, Hero Electric’s First Batch of Electric Scooters and More

Let us brush up on our knowledge about the latest technology news the world saw this week.

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Photo by Luke Chesser on Unsplash

With the world running with tremendous speed, those living in it need to catch up with the developments to excel in it. In lieu of that, let us brush up on our knowledge about the latest technology news the world saw this week.

1. Android users may pay to remove the spaces button on Twitter:

Android users may now customise the Twitter Blue app’s navigation bar. You may use this functionality to remove the Spaces symbol from the centre of your navigation bar, which was previously only available on iOS (and of course, remove some of the other tabs if you want, too)

2. Chinese tech giants Tencent and Ant Group to ban NFTs, cryptocurrency marketplaces:

On Monday, the biggest names in Chinese internet and technology signed a proposal to outlaw cryptocurrencies and digital collectibles (NFTs), as well as a pledge not to launch secondary markets. According to the agreement signed by the largest tech companies in China, digital collectibles platforms “must require real-name identification of individuals who issue, sell, and acquire” the assets and “only support legal tender as the denomination and settlement currency.”

3. PM Narendra Modi Launches Several Digital Portals in Gandhinagar, Gujarat:

At the current Digital India Week 2022, Prime Minister Narendra Modi unveiled a number of digital platforms, among them Meri Pehchaan, IndiaStack.Global, and MyScheme on Monday. The event took place in Gandhinagar during the current Digital India Week 2022. A service discovery portal called MyScheme makes it easier to access government programmes. It seeks to provide a one-stop search and discovery site where users may locate programmes for which they qualify.

4. Researchers at IIT Guwahati Create a Non-Electric Alternative to ACs Using Radiative Cooling:

An affordable “radiative cooler” coating material has been developed by researchers at the Indian Institute of Technology, Guwahati, as a non-electric replacement for air conditioning. Officials claim that this material is an electricity-free cooling system since it can be sprayed on rooftops and operates both during the day and at night as a substitute for traditional air conditioners. Their novel idea has been published by IOP Publishing in the UK’s Journal of Physics D: Applied Physics.

5. Hero Electric releases its first batch of electric scooters from a Mahindra facility in Madhya Pradesh:

Hero Electric, a manufacturer of electric vehicles, said on Monday that the Mahindra Group’s Pithampur manufacturing facility in Madhya Pradesh has begun shipping its first batch of e-scooters. In order to meet the rising demand for electric two-wheelers in the nation, the firm had already agreed to 5-year cooperation with Mahindra. As part of the strategic partnership, Mahindra’s Pithampur factory will serve as the manufacturing location for Hero Electric’s Optima and NYX e-bikes.

6. By September, Meta’s Novi Digital Wallet will be discontinued:

The contentious Meta cryptocurrency project will come to an end on September 1, 2022, with the closure of the Novi digital wallet. In November 2021, a pilot programme for the Novi digital wallet with custodial support from Coinbase was started. Novi started with just support for USDP, a stablecoin provided by Paxos, and did not support Meta’s projected Diem cryptocurrency. In December, WhatsApp enhanced its support for Diem, enabling certain users to send and receive bitcoin using Novi inside a WhatsApp chat. The social networking site has recommended all users withdraw money as soon as possible and said that from July 21st, no deposits into the wallet would be permitted.

7. Hindi and 27 other languages live captions and custom backgrounds are now available for Microsoft Teams on the web:

Microsoft is adding backdrop effects for Teams on the Web with this latest version, enabling users to apply unique backgrounds like a blur. Additionally, Teams on Web users no longer need to open a separate window in order to read captions from a CART provider within the conference window. With the most recent version, Teams on Web will now offer live captioning in 27 more languages, including Hindi. The live captions with speaker attribution functionality will also be added to the online version of the video conferencing platform, allowing users to see who is speaking and what they are saying.

What do you think?

Written by Marya

Loves reading, critiquing and writing. Philosophical and poetic with a charm of sarcasm adds to my approach. Dance, cinema and music make to my list of hobbies. Explore and express are the key elements of my life.

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