On their approach to Qatar for the FIFA World Cup 2022, the Polish national football team was escorted to the nation’s border. On social media, the same video has become very popular.
The FIFA World Cup in Qatar has drawn the attention of the athletic world, but despite this, tensions along the Russia-Ukraine border remain due to the ongoing conflict between the two nations. Poland, which borders both Russia and Ukraine, has also been experiencing tension as a result of the recent missile that is said to have fallen close to the Poland-Ukraine border and killed two people. Due to the current scenario, F-16 fighter planes escorted the Polish national football team as they traveled to the Middle Eastern nation of Qatar to compete in the World Cup.
The identical video was posted on the Poland national team’s official Twitter account. According to reports, F-16 aircraft escorted the plane taking the Polish players to the country’s border.
“F-16 aircraft escorted us to Poland’s southern border! Regards and thanks to the pilots! “, along with a few images of fighter jets, was posted on Twitter by the Poland national football team.
In terms of the FIFA World Cup, Poland’s campaign gets underway on Tuesday against Mexico in Group C. The team captained by Robert Lewandowski then plays Saudi Arabia on November 26 before facing Argentina in the most eagerly anticipated matchup of the group on November 30.
For the first time since 1986, Poland will want to lead the team into the knockout rounds of the FIFA World Cup.
Watch: F-16 Jets Accompany the Polish National Team As They Travel to Qatar for the FIFA World Cup.
Is Twitter out of control over Elon Musk’s ‘extremely hardcore’ ultimatum?
Twitter may experience a global outage. Many employees have resigned and users are facing issues since Elon Musk acquired the micro-blogging site.
Twitter employees are leaving in droves after allegedly receiving an ultimatum from Elon Musk to either commit to working in a “very intense” approach at the firm or quit.
Another staff exodus appears to be taking place at Twitter, with many employees rejecting Elon Musk’s criteria for remaining with the firm and opting to quit. As the deadline for replying to Elon Musk’s ultimatum approached, some Twitter workers seemed to openly proclaim their intention to leave the firm.
Twitter employees began using the salute emoji, which has come to symbolise someone departing the company, on Thursday afternoon. In a tweet, one Twitter employee stated that working there was “one of the simplest decisions ever made. Choosing to leave now was the polar opposite.”
Following the deadline of 5 p.m. Eastern Time, an internal Slack channel at the firm was swamped with staff employees sending the salute emoji to signal they had opted not to sign Musk’s promise and would be leaving the company.
According to an email Musk sent to colleagues on Wednesday, surviving Twitter workers had until 5 p.m. ET on Thursday to determine if they wanted to be a part of the culture Musk plans to impose at the social media company or essentially leave.
A recent Twitter ex-executive dubbed the personnel departures on Thursday a “mass exodus.”
As a result of the employees’ departures, Twitter’s headquarters will be temporarily shuttered on Thursday evening, and credential access will be prohibited until Monday. During the mass layoffs earlier this month, Musk’s team shuttered off offices out of concern for employee safety and a reported fear that leaving employees might try to hurt the firm on their way out.
As he put it, “This will entail working long hours at a high level of intensity. Only outstanding achievement will result in a passing grade.”
The ultimatum comes after Musk reportedly directed senior Twitter employees to scour internal Slack conversations for disloyal colleagues to sack. Musk appears to be haunted by the fear that disloyal staff may harm the platform.
As a result, staff at Twitter are scurrying to erase Slack communications and emoji replies that may be perceived as disparaging of Musk, giving him an excuse to dismiss them.
According to a Twitter employee, employees who were dismissed likely wrote unfavorable remarks and postings in the internal Slack channel ‘Social Watercooler,’ where staff members routinely convened to speak online and spread rumors about the company.
Musk dismissed up to 20 Twitter software engineers and developers when it was discovered that they had questioned management. Twitter has dismissed nearly 3,700 individuals in the last two weeks under Musk’s leadership, and a wave of high-ranking executives have quit.
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Fundraising platform VentureBlick looks worldwide for healthcare startups
VentureBlick, a fundraising platform, has launched a global hunt for healthcare entrepreneurs that have received the highest support from the medical community. The Healthcare Startup Search is available at www.ventureblick.com through January 4, 2023.
VentureBlick, a funding platform that connects healthcare entrepreneurs with medical investors, has begun a global search to find potential healthcare businesses for the medical community to review, advise, and support. Only companies with the support of a significant group of medical experts with appropriate subject expertise will be able to raise financing through the platform.
Many of the final clients for healthcare businesses are medical professionals – doctors, clinicians, and healthcare industry experts – who may also be investors and advisors.
The platform enables the worldwide medical community to conduct systematic, large-scale, and cross-border medical investment evaluations. The fundraising process also functions as a market validation process, providing businesses with cash, market information, and consumer validation all at the same time.
The Healthcare Startup Search is available at www.ventureblick.com through January 4, 2023. It is accessible to early-stage entrepreneurs aiming to attract up to $5 million in funding for innovative solutions in all areas of healthcare.
Shortlisted firms will be presented on VentureBlick’s funding platform when it debuts in early 2023, following screening and due diligence. Once the companies have received a particular amount of investment from medical investors, general investors – accredited investors who want to engage in healthcare but do not have a medical background – will be able to participate.
VentureBlick’s innovative methodology expands access while improving the quality and volume of investment in the healthcare business.
Chris Lee, Founder & CEO of VentureBlick, said, “After months of preparation, we are now ready to start off this worldwide search. We want to bring the most promising businesses to light and connect them with healthcare professionals interested in investing in and growing them. Our mission is to connect companies with the proper people and resources so that they can get things right the first time. This is especially vital before they embark on their lengthy path of growth.”
The first ten firms selected from this search will receive a marketing package worth $10,000, which will include assistance in optimizing their pitch deck, creating a video, and polishing their pitch narratives before they are given to investors.
This is in addition to any money they may obtain as a result of being featured on the VentureBlick platform.
Through its fundraising platform and professional network, VentureBlick promises to change healthcare fundraising. It connects early-stage healthcare entrepreneurs with medical investors who can verify ideas, support, and fund them without diluting startup ownership. Its professional community also offers startup consulting services, networking opportunities, and need-based operational services.
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This holiday season, Jeff Bezos recommends people not purchase a refrigerator or car.
As he issues a recessionary warning, Jeff Bezos, the founder of Amazon, has offered some “spending” advice to consumers.
The billionaire has given people advice on how to spend less during the holidays and how to keep their money safe.
According to Bezos in an interview, American households should refrain from buying expensive products like refrigerators or brand-new automobiles since there is a chance that the economy will get worse.
Bezos said, “If you’re a single person considering purchasing a big screen TV, you might want to wait, save up the money, and see what happens.” Similar principles apply to new cars, refrigerators, and other items. “Just remove some risk from the equation.”
In addition, the former CEO of Amazon advised small business owners to put off buying new equipment and focus on increasing their financial reserves.
He urged the listener to minimize risk as much as possible. Bezos said in this week’s broadcast interview, “Hope for the best, but prepare for the worse.”
Bezos stated separately that the majority of his $124 billion net worth will be donated over his lifetime.The founder of e-commerce told the television network that he would use the majority of his riches to fight climate change and promote those who could bring mankind together in the face of severe social and political differences.
Bezos assumed the position last year when Andy Jassy took over as CEO of Amazon. He is currently the executive chair of the company.
As a result of rising interest rates, slow consumer spending in the US, a strong dollar abroad, and other factors, the e-commerce giant has started making layoffs after other digital companies like Twitter, Meta, Lyft, and others did.
Salt Bae’s restaurant bills a customer Rs. 1.3 crore and boasts, “Quality is never expensive
Nusr-Et Gokce, a.k.a. “Salt Bae,” a Turkish chef, enjoys stirring up controversy. A customer at his restaurant in The Galleria on Al Maryah Island in Abu Dhabi received a bill for AED 615,065 (about Rs 1.3 crore), which he just posted on Instagram. To prove a point, Salt Bae was criticized for charging exorbitant pricing.
The well-known “Salt Bae” chef from Turkey, Nusret Gokce, likes a good debate.
The pricing at the Nusr-Et restaurant in Abu Dhabi have gone up a notch since last year, when his London-based business caused controversy due to being too pricey.
AED 615,065 (more than Rs 1.3 crore) was delivered to a patron at the restaurant in The Galleria on Al Maryah Island in Abu Dhabi, according to a photo that the chef recently posted on social media.
A number of alcoholic beverages were ordered by the customer, including two cases of the priciest wine in the world, the Petrus 2009, and five quantities of Petrus, according to a check dated November 17, 2022.
They were above Rs 1 crore in cost just on their own, and the Value Added Tax (VAT) came to almost Rs 6.5 lakh.
Salt Bae claimed in an Instagram post about the cost that “quality never expensive,” but the statement received criticism for not living up to its boastful nature.
French fries costing $45 per order? Is the moon where the potatoes are grown? Heineken for $55? One user commented, “Hahaha, a 12 pack?
Since the majority of the things requested were simply alcohol, some people questioned the claim regarding quality.
Not only was Salt Bae universally rejected on social media, but many of his disgruntled fans even unfollowed him because of the tweet.
I started following you because I thought you’d be a terrific role model for young people. I came across a self-made, prosperous individual who, although having been impoverished in the past, is now an inspiration to others.
The cost of your mediocre burgers, Nusret, is not this. Guess what? This is the price you pay for living a lavish lifestyle and putting up a show of privilege. The comment stated, “You’re so CHEAP.
Most people will recognize the chef from a meme-making viral video in which he is shown “suavely” salting a steak. The butcher gained the moniker “Salt Bae” when its virality peaked in January 2017.
International Men’s Day is observed for six reasons
On this day, men everywhere celebrate men. Most men will joke that the day is too short because “the rest of the year belongs to women anyway” and that it is one day too few.
On November 19, the day designated as International Men’s Day (IMD), no special events are held. This is in contrast to Women’s Day. In fact, many individuals are unaware that there is a day specifically set aside for men.
History
Despite the fact that International Women’s Day was first observed in 1909, men have been calling for an International Men’s Day since 1969. Dr. Jerome Teelucksingh, a medical professional from Trinidad and Tobago, reinstituted International Men’s Day in 1999. In observance of his father’s birthday, he selected November 19 as the date.
On November 19, 2007, the leading men’s rights group in India, Indian Family, hosted the IMD’s first celebration in that country. The November 19 date was chosen because Australia and the West Indies (Jamaica, Trinidad, and Tobago) were already observing IMD on that day. In 2008, India celebrated the occasion once more, and it was decided to continue doing so every year.
The following six factors illustrate why IMD is celebrated:
- It is a time to commemorate the lives, accomplishments, and contributions of boys and men, especially those who have made significant contributions to the nation, the union, society, the community, the family, marriage, and childcare.
- Spreading fundamental awareness of issues affecting men is the event’s overarching goal. As a result, this day is commemorated annually to raise awareness of all the global problems that men suffer in silence.
- According to Dr. Teelucksingh, the goal of observing International Men’s Day was not only to discuss issues that affect men and boys but also to explore and start conversations about taboo subjects like men’s mental health and male suicide.
- Men who positively impact their gender and serve as role models are also recognized on International Men’s Day to honor their contributions.
- Men are encouraged to impart the virtues, traits, and obligations of manhood to the young boys in their lives as part of International Men’s Day. We must “become the change we seek,” according to Mahatma Gandhi. We won’t be able to build a just and secure society where everyone has the chance to thrive until both men and women, individually and collectively, set the example.
- In conclusion, it is a day for and about men and is intended to recognize the contribution that men make to families, communities, society, and the global community. Better health for men and boys serves as this year’s theme, which aims to actually improve the health and general wellbeing of the male population.
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Will this Bangalore startup recreate WeChat’s success with its super app?
Bangalore-based startup, MYn, is developing a super app that seeks to bring the various requirements of a consumer under a single roof. By doing so the company aims to replicate the success of WeChat.
WeChat and Alipay in China, Gojek and Grab in Southeast Asia, and Line in Japan have all figured out how to make a profitable super app, which is something that firms all around the world are attempting to figure out.
Despite having a comparable mobile app ecosystem—most users in India, like the rest of Asia, access the internet through mobile devices rather than PCs—the country has yet to discover its own super app. Tata Group’s mega app Tata Neu has also failed to get into the market.
AS Rajgopal, Founder of MYn, and Nanjunda Prasad Ramesh, CEO of MYn, wish to alter this. MYn is a super app that promises to unite all of the diverse user requirements under one roof, such as ride-hailing, delivery, hyperlocal, and social networking. To accomplish this aim, the creators want to begin by enrolling users from the supply side.
But why create a super app?
While hundreds of applications are created each year (about 500,000 are uploaded to the Play Store and App Store each year), the app boom, which began in 2008, has been decreasing since 2016.
Step 1: Arrange for cabs
MYn, founded in Bengaluru, aspires to eliminate pain points in urban transportation, similar to its Asian mega app counterparts Grab and Gojek, which began as mobility services.
According to the co-founders, MYn stands out as an app that does not use surge pricing. For starters, it makes use of infrastructure developed by other participants.
Nanjunda explains, “It’s just that they lacked a business concept. And they had to sell user data to make money.”
The MYn team opted to design the platform such that the app is more than just a moderator. Most ride-hailing applications link a consumer to a supplier while charging a large fee. Currently, such platforms take between 25 and 30% of the revenue, which is considerable from a provider standpoint. This is passed on to the user, making the service more expensive.
According to Nanjunda, MYn operates on a listing fee approach, which removes commission.
“User data is never sold.” Using the cab as an example, instead of charging them a 30% profit.
If you ask any cab driver in Bengaluru, they would tell you that they pay anything from 25 to 30,000 rupees as commission to Ola and Uber today. Instead, they pay 149 each day, or $2,999 per month, which is less than one-tenth of what they are already spending, Nanjunda states
However, creating a ride-hailing business is not easy. While the matching process seems wonderful on paper, it might be difficult to match in practice.
Nanjunda argues, “This is related to the demand-supply paradox. A market price has already been set by the government. We just wish to adhere to the government-approved pricing. We intend to classify all of these taxis as microbusinesses. They have to make money and they have a lot of bills, they took out a loan for the automobile, they have to think about upkeep, and a lot of other things. They must be financially sustainable as a microbusiness “
Because of the vast number of people in need of a robust public transportation system today, we require a variety of ride hailing services. This is especially true in cities such as Bengaluru, where travel times appear to be growing.
Vidhya Shankar, Executive Director at Grant Thornton, says, “Just in terms of mobility, there is a demand for cleaner, more economical, and on-time public transportation. However, if regressive circumstances exist, the market is certainly present.”
The team began by focusing on the supply side, articulating the benefit to cab drivers and convincing them of the idea. In Bengaluru, MYn now has around 28,000 taxis.
The firm competes not just with cab-hailing behemoths Ola and Uber, but also with delivery service providers like Dunzo and Zepto.
Nanjunda says, “Another major problem is that we entered the market as a mega app. Users may come into super applications and address numerous use cases on a single app. So we embarked on the super app adventure. There is a lot of background noise. However, the market is gradually warming up.”
According to the co-founder, the app evolves dependent on the consumer. MYn, for example, displays profits on the driver’s side.
Nanjunda notes that after the team has achieved widespread acceptance with cab aggregation, it will extend into other verticals such as delivery and social media.
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Meet Bhagirath Sorathiya whose Rs151cr business chain rivals foreign brands
Bhagirath Sorathiya, a serial entrepreneur from Surat, has carved out a market niche for his business. His company, Dolphy India, offers hygienic devices for three-star hotels such as smart automated washrooms, sensor taps, and automatic hand sanitizer dispensers.
Bhagirath Sorathiya, like many business scions, could have taken it easy by joining his father’s firm in Surat, but he opted to go out on his own and start a pharmaceutical business with his cousin while still in college.
Later, at the age of 24, he quit the firm and founded Dolphin E-Commerce, a company that offers a variety of items on ecommerce platforms like as Flipkart, Amazon, and Snapdeal, including home and kitchen appliances, treadmills, and gym cycles.
In 2017, he took a risk and founded another firm, Dolphy India Pvt. Ltd., in an area dominated by international brands.
The Surat-based serial entrepreneur. explains, “Top Indian hotels always employed international brands to preserve quality, whether it was the washrooms or equipment like the electric kettle and hair dryers.”
Bhagirath emphasizes that the items were both pricey and unavailable on the local market when the hotels need them.
He says, “This inspired me to enter this industry and build an Indian brand.”
Dolphy produces hygiene solutions such smart automated washrooms, sensor taps, automatic hand sanitizer dispensers, automatic urinal flushers, and ULV Fogger Sanitizing Machines. The brand has grown at an annual rate of 80-120% and had a revenue of Rs 96 crore in the previous fiscal year, while Dolphin had a turnover of Rs 55 crore in the same time, for a total sales of Rs 151 crore.
With Dolphy, Bhagirath has met the challenge provided by global companies and developed a market niche for his brand.
The firm, which initially targeted three-star hotels, was launched in 2017 at the Goa Food and Hospitality World Expo in Goa. He had put in roughly Rs 5 crore into the company.
“We concentrated on creating high-quality items. We imported the materials from Hong Kong and the United Kingdom and constructed them in India, with the necessary certification for top quality. To address this, we established our first sales office in Bengaluru in 2018 to bypass wholesalers and engage directly with retailers.”
Within a year, we opened ten more offices in Pune, Hyderabad, Mumbai, Delhi, Chandigarh, Lucknow, Goa, and Gurugram.”
Their headquarters are in Surat, where they also maintain a 50,000-square-foot warehouse. The firm made Rs 17 crore in sales in its first year.
“We realized there is room for innovation in this sector,” Bhagirath adds, recalling the techniques he used to boost the brand’s market share.
He says, “We began with basic products such as soap dispensers and hair dryers, but after conducting market research, we launched approximately 200 products (which included washroom layouts, kettles, hand dryers, soap dispensers, paper dispensers, magnifying mirrors, toilet roll dispensers, and automatic sensor taps). Parallel to that, we formed a staff of 20 employees solely dedicated to exhibits and exploring new possibilities. We broke into the Australian market and are now steadily expanding into New Zealand.”
Bhagirath, never one to rest on his laurels, sought for fresh chances.
He realized that airports, shopping malls, and corporate offices might all be fantastic places to start a new business. To specialize on commercial restrooms, we developed a distinct team.
Bhagirath says, “We concentrated on R&D and product development. Our team developed new goods and concentrated on this (new) market,”, following Dolphy’s market expansion.
He continues, “By 2019, we had signed a two-year deal with the INOX chain for restroom maintenance in its theaters, which we just extended.”
Vimala Ben Sorathiya, his mother, is a homemaker, while Vipul Sorathiya, his younger brother, runs the family business.
In 2006, Bhagirath finished Class 10 at Sanskar Vidya Bhavan and Class 12 at Kasturba Vidya Bhavan. He then earned his BBA from J Z Shah Arts & HP Desai Commerce College and went on to do his MBA at R V Patel College in 2011.
Dolphin Pharmaceutical was founded in 2008 by him and his cousin Haresh Sorathiya when he was still an undergraduate student.
The firm first sold antibacterial drugs in Gujarat before expanding into exports. He departed the firm in 2014 after realizing he lacked competence in the pharmaceutical industry. He also intended to put his MBA expertise to good use.
Dolphin E-Commerce was founded in 2014 with a Rs 5 crore investment, and there has been no looking back since. Today, Bhagirath employs over 200 people and is continuously searching for new ways to innovate, such as the ‘hand dryer plus air purifier’ they produced recently to combat germs in restrooms and the ‘hand wash cum dryer’ they invented lately.
He says, “Hand dryers are our strongest product, because they enabled us get into the market.”
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India has become one of the world’s most cost-effective healthcare destination
The Indian healthcare sector is expected to grow to $50 billion by 2025. Meanwhile, the global medical tourism industry is worth $72 billion.
With the newest technological tools implemented across care delivery, India has become one of the world’s most cost-effective healthcare destinations. This was announced on Thursday by Union Minister of State for Science and Technology Jitendra Singh during the Healthcare Leaders’ Summit 2022. The minister also said that over 10 lakh medical visas were given between 2019 and 2022.
He stated, “This is a notable figure because foreign travel was almost prohibited throughout the Covid-19 pandemic. India is quickly developing as the world’s media tourist hotspot. The country has around 600 globally and domestically certified hospitals that give world-class care at a low cost.”
Singh went on to say that the Indian healthcare industry is predicted to rise to $50 billion by 2025, while the worldwide medical tourism business is estimated to be worth $72 billion.
“By the next year, India’s share of medical tourism is expected to be about $10 billion. In addition, the nation is the world’s largest provider of generic pharmaceuticals.”
He stated that the government’s goal and policies are perfectly aligned in terms of providing cheap healthcare to everybody.
“The Modi administration is guiding scientists in channeling their excitement, tackling the most important healthcare concerns of the present generation, and being future-ready.”
The minister stated that huge efforts are being made via science and research to develop a vibrant life sciences ecosystem.
“This, in turn, will minimize health disparities and lay out a clear path for the continued success of vaccinations, treatments, and diagnostics. The government’s action plan to assist healthcare stakeholders in creating a thriving healthcare ecosystem in the country is being implemented through funding, incentives, government and industry-academia collaboration, and incubation.”
Singh went on to say that the whole world applauded India’s leadership role during COVID-19, when it accomplished the uncommon accomplishment of giving over 220 crore vaccines using a totally digital platform – Cowin, and the process is still ongoing.
“During the epidemic, India was critical in the quick production and global distribution of vaccinations. What are the emerging methods for supporting the end-to-end research and testing pipeline for vaccines by enhancing interaction among business, academia, and government in the future?”
Singh said, “As the Summit’s title suggests, Modi’s aggressive government initiatives are best shown by his launch of Startup India from the ramparts of Red Fort in 2015. And we currently have over 80,000 start-ups, up from around 400 in 2014. The Prime Minister’s special emphasis on Science, Technology, and Innovation has sparked the imagination of the country’s youth to innovate and solve problems with new ideas, and startups are rapidly emerging in fields such as IT, agriculture, aviation, education, energy, health, and space “
He went on to say that there are currently over 4,000 healthtech startups in India, ranging from platforms that help monitor health conditions to apps that use AI to detect illnesses and diseases, platforms that connect patients with doctors, and much more, and that he hoped that this ecosystem would grow even more and become the world’s leading sector.
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The Data Protection Bill proposes Rs 500 crore in penalties for data breaches
For violating the rules set forth in the draft Digital Personal Data Protection Bill 2022, which was released on Friday, the government increased the fine amount to up to Rs 500 crore.
An organization might be fined Rs 15 crore, which is equal to 4% of its annual global revenue, according to the 2019 draft personal data protection bill.
In line with the requirements of the bill, the draft calls for the creation of an Indian Data Protection Board.
The draft read, “If the Board deems at the completion of an inquiry that noncompliance by a person is serious, it may, after providing the individual a sufficient opportunity to be heard, impose such a financial penalty as provided in Schedule 1, not exceeding Rs.”
A system of graduated penalties has been proposed in the draft for data fiduciaries who handle data owners’ personal information solely in line with the Act’s rules.
The Data Fiduciary’s agent who processes data will be known as the Data Fiduciary, and the same set of sanctions will apply to that agent.
The draft suggests a fine of up to Rs 250 crore for any data fiduciary or data processor who neglects to take reasonable precautions to prevent the unauthorized access to or disclosure of any personal data in their possession or under their control.
Until December 17, public comments on the draft are welcome.
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