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Canada passé la loi sur les nouvelles en ligne a 22 juin 2023 et l’en force depuis 1 aout 2023 pour protecteur les publicitaires en ligne. < Back Au Canada, Facebook bloque le contenu de médias traditionnels Canada passé la loi sur les nouvelles en ligne a 22 juin 2023 et l’en force depuis 1 aout 2023 pour protecteur les publicitaires en ligne. D’ici 2022 au Canada, les recettes publicitaires en ligne atteindront 14 milliards dollars. 80 % de cette somme a été gagné par Google et Meta et plus d’entreprises de nouvelles ferment en raison de la perte de revenus. La loi garantit que les sites web dominant payer équitablement les entreprises nouvelles quand leur contenu est téléchargé sur leurs plateformes. Ça permit les plateformes sociales a signer des accords commerciaux volontaires avec des entreprises d’information. Pour conformer avec la loi, la société mère de Facebook, Meta, a commencer à bloquer les publications des sites nouvelles sur toutes ses plateformes. Les médias locaux ont vu une réduction de leur audience ce qui peut avoir un impact sur leurs recettes. La 16 avril, Pascale St-Onge, la ministre du Patrimoine Canadien, a annoncé un accord avec Google et avoir obtenu un paiement annuel de 100 millions de dollars aux entreprises d’actualités canadienne. Previous Next

< Back Porter turns unicorn after an internal funding round 17 May 2024 Around 20 people, family and friends, bought shares worth ₹25 crore from Porter’s Employee Stock Option Plan (ESOP) at a valuation of $1 billion. Porter became the third unicorn this year after Ola’s AI company, Krutrim, and fintech startup Perfios. Backed by PeakXV, Porter’s primary valuation was $514 million in 2021 after raising $101 million in a Series E round from investors, including Tiger Global, Lightrock India, and Vitruvian Partners. Porter offers on-demand last-mile delivery through light commercial vehicles. This secondary funding round was supposed to be at a discount of 25-30% from the primary valuation, as per the norm. However, its leadership pinned its valuation at $1 billion. Launched in 2014, Porter focuses on the two-wheeler intra-city courier service for revenue generation. Its revenue doubled in FY2023 from ₹848 crore to approximately ₹1,754 crore despite 43% higher losses worth ₹175 crore. Indian startups are facing slowed secondary funding. Up to one-fifth of the big venture capital deals from 2023 to April 2024 saw a steep reduction in valuations, the highest since 2015. Previous Next

< Back DOMS now India’s biggest stationery brand 6 Nov 2025 Between 2010 and 2025, the DOMS market share rose to as high as 35%, while Camlin’s dropped to 8-10%. A strategic growth plan, including combo kits, design innovation, YouTube art tutorials, and promoting itself as an ideal birthday gift, helped DOMS overtake Camlin over the years. In 2012, the Italian art supplies giant, F.I.L.A. Group, acquired a minority stake in DOMS, and in 2015, it gained a 51% majority stake. It helped DOMS expand globally and improve its design. Its combos help parents save time, and now contribute over 40% to Scholastic's sales, ET reported. On the other hand, after the Osaka-based Kokuyo Group acquired a majority stake in Camlin in 2011, product launches were delayed, and packaging and marketing updates were uninspiring. Kokuyo today owns 74.44% stake in Kokuyo Camlin and leads the Japanese market in office stationery and furniture. In December 2023, DOMS went public with an initial offering between ₹750-790 and listed at ₹1,400 per share. Within a year, it reached ₹3,100 per share. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes novel. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back Govt to verify air purifier claims; mandates environmental claims disclosure 16 Oct 2024 The Indian government rolled out new guidelines to control greenwashing and deceptive environmental claims. After Union Food and Consumer Affairs Minister Prahlad Joshi accused air purifier manufacturers of false claims about their products, the Indian government announced its plans to conduct market surveillance to evaluate the performance of these products against the company claims. Bureau of Indian Standards will examine their performance with existing air filter quality control orders. The Centre has introduced fresh guidelines to identify greenwashing and false eco-friendly claims by companies. All claims like ‘100% recyclable’ and ‘net zero emissions’ must be accompanied by verifiable evidence, independent research, and third-party verification. All material details must be accessible to the end user through QR codes and URLs. The guidelines also mandate companies to use consumer-friendly language explaining the sustainability or eco-friendliness of the product and whether the claim is about the product, its manufacturing process, packaging, or disposal. The Consumer Affairs Ministry’s decision will be final in case of ambiguity or dispute. Previous Next

< Back EPFO may allow PF withdrawal via an ATM card from Jan’25 13 Dec 2024 The Employee Provident Fund Organisation (EPFO) is upgrading its IT infrastructure to be at par with banking systems. By January 2025, EPFO plans to upgrade its IT infrastructure to improve service delivery, simplify claim settlements, and streamline PF withdrawals. The new system 2.1 will offer a PF withdrawal card that can be used in ATMs to pull out up to 50% of the PF balance. Under the new system, a beneficiary, claimant, or insured person will be able to withdraw PF money from the ATM. Beneficiaries will be able to use it in case of the member’s death. This may be possible once beneficiaries connect their bank accounts with the deceased member’s PF account. However, the overall PF rules remain unchanged. Employees cannot withdraw PF while employed. 75% of their PF becomes available if someone is unemployed for a month. 100% is available for withdrawal after two months of unemployment. Members can withdraw a part of PF in case of a medical emergency, marriage, house purchase or renovation. Previous Next

< Back Tata JLR, China’s Chery to develop EVs in China 25 Jun 2024 Tata Motor’s subsidiary Jaguar Land Rover (JLR) and Chinese Chery Automobile Company have formed a 50:50 joint venture, Chery-Jaguar Land Rover (CJLR). Chery Jaguar Land Rover will manufacture petrol, diesel, and electric vehicles in China. To date, it has produced five different models: the Land Rover Discovery Sport, Range Rover Evoque L, Jaguar E-PACE, Jaguar XFL, and Jaguar XEL. JLR is ready to license the Freelander brand to CJLR. This brand was produced between 1997 and 2015 and was succeeded by Discovery Sport in 2016. The new model developed by CJLR will be a mainstream electric vehicle (EV) for the Chinese market, slated for global export later. JLR has also announced the production of Range Rover in India. The brand was previously manufactured in the UK. Making it in India is expected to reduce the waiting period and bring the cost down by 18 to 22 per cent. As Chinese brands BYD and NIO entered India, Tata partnered with Chery to comply with the laws regarding foreign companies doing business in China. Previous Next

< Back Market manipulation or negotiation? The reason for Trump’s tariff reversal 10 Apr 2025 Trump announced a 90-day pause on tariffs for 75 nations that reached out to negotiate tariff deals. After the global market crash, several trade allies queued up to negotiate better deals with the US. In return, President Donald Trump paused their tariffs for 90 days for 75 nations. They will now face just the baseline 10% tariffs. On April 9th, Trump asked the global investors to “be cool” and declared that“this is a great time to buy”. Later, he announced the tariff pause, inciting mixed reactions. After the announcement, White House Press Secretary Karoline Leavitt said it was always part of the plan. As global stock markets rebound, Trump hiked tariffs on China to 125% as a punishment for retaliation, but he remains open to a deal. For Canada and Mexico, the Fentanyl and non-USMCA (US- Mexico- Canada Trade Agreement) tariffs remain intact at 25%. India, the only country to pursue negotiations since the beginning of the Trump administration, will face the baseline 10% tariffs. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Google to make Pixel 8 smartphones in India from 2024 Ishita Nigam 2 Nov 2023 The device carries the Tensor chip designed in India by Google and made by Samsung for global production. Google CEO Sundar Pichai announced his plans to start manufacturing Pixel 8 smartphones in India in early 2024. These phones are known to carry 5-nanometer Tensor chips and other crucial components designed in India for the world. Moreover, Ashwini Vaishnaw, the Union Minister for Electronics and Information Technology, has asked Google to start making Tensor chips in India within the next three years. Tensor chips can recognise spoken language more accurately, facilitate proper camera utilisation for better imaging, automatic face recognition, brightness adjustment, and Magic Eraser tool that removes larger distractions by accurately predicting the background. This move will push India closer to becoming a chip manufacturing hub. It’s been two years since the government began facilitating semiconductor manufacturing. Since then, American memory chip maker Micron Technologies partnered with Tata Projects to build an assembly line for its chip packaging plant in Gujarat in September this year. Previous Next

< Back UK, US sending team to investigate AI plane crash 13 Jun 2025 Of the two black boxes aboard AI 171, the rear unit has been retrieved along with a Digital Video Recorder (DVR). India’s Aircraft Accident Investigation Bureau (AAIB) is leading the Air India AI 171 plane crash investigation. The leading and global assisting teams will follow the international protocols of the International Civil Aviation Organisation (ICAO). The UK’s Air Accidents Investigation Branch (AAIB) sent an investigation team. Led by British Foreign Secretary, David Lammy, they will work under the ‘expert status’ following the death of 53 British nationals in the crash. Vishwash Kumar Ramesh, the lone survivor, is a British citizen of Indian origin. The US is sending the National Transportation Safety Board officials to assist with the investigation. The Federal Aviation Administration (FAA) team will offer technical support and review safety data. Boeing and GE Aerospace engineers will analyse the crash wreckage and engine performance. The crash site temperature reached nearly 1,000 degrees, making the rescue attempts difficult. Tata Group has offered the victims' families an ₹1 crore ex-gratia payment. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Govt assessing 3D Scanners' utility for Indian airports 16 Dec 2024 It is evaluatin how useful the 3D computed tomography X-ray (CTX) and Full Body Scanners (FBS) will be for Indian airports. 3D CTX scanners, commonly used in the US and Europe, allow passengers to keep liquids and electronics in their cabin luggage while screening. While earlier these were expected at Indian airports by May 2024, an influential multi-agency committee set up by the government is evaluating whether 3D CTX and FBS scanners can address the nation’s specific security and cultural requirements. Indians often wear religious items like metallic bangles, which are sometimes difficult to remove. The agency is in discussions with the manufacturers about making India-specific scanners and guidelines. Their utility guidelines will also be customised to suit the Indian perspective. The committee is evaluating an FBS especially tailored for India that will promote less intrusive security checks and eliminate the need for physical pat-downs. Indian airports face long queues and a constant supply of plastic trays, which increases during winter when an additional tray is needed to keep the jackets. Previous Next

< Back 45-day Mahakumbh begins today 13 Jan 2025 Over six million devotees took a holy dip at Sangam in Prayagraj, Uttar Pradesh, today. January 13th marked the beginning of the 45-day-long Mahakumbh, organised every twelve years. It will end on February 26th. This year’s Mahakumbh is notable for the rare celestial alignment occurring every 144 years. Visitors from across India and different countries will take a dip in Sangam, the convergence point of the Ganga, Yamuna, and the mystical Saraswati rivers. The Mahakumbh is the largest peaceful gathering of people globally. Around 400 million devotees are expected to attend the festival. In 2017, UNESCO inscribed the Kumbh Mela on its Representative List of the Intangible Cultural Heritage of Humanity, a collection of cultural practices recognised by communities and individuals. A million devotees will observe the Kalpvas ritual by fasting, planting Tulsi, bananas, and barley, and embracing a disciplined lifestyle. Steve Jobs’ widow, Laurene Powell, is attending the Mahakumbh for a month and has been bestowed with a Hindu name, “Kamala”, out of respect. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp, LinkedIn, Facebook, X, and Instagram. Previous Next

< Back AI-created model Kenza Layli becomes the world’s first Miss AI 6 Aug 2024 The robot lady competed against 1500 AI models in the contest organised by Fanvue World AI Creators Awards. In what may come as a surprise, the AI creator platform Fanvue organised a beauty pageant in April, inviting AI creators to register their creations. The participants had to compete in technology, beauty, realism, and social media presence rounds. A panel of human and AI experts picked Kenza Layli from Morocco as the winner. The hijab-wearing AI model Kenza won a $20,000 cash prize for her Moroccan creator, Meriam Bessa, the 40-year-old CEO of Pheonix AI. Kenza has over 2.1 lakh Instagram followers that she connects with 24x7 in seven different languages. She posts to generate awareness about women's empowerment and environmental issues and to bridge the gaps between human beings and AI. French AI Model Lalina Valina, known for her kindness-inspired Instagram content, became the first runner-up. Olivia C, the Portuguese model, won third place for bridging the gap between humans and humanoids via her social media posts. Previous Next