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Tech News of the week (First week of February 2024): RBI has banned Paytm Payments Bank due to persistent non-compliance and material supervisory concerns, and Apple has launched its highly anticipated Vision Pro headset in the US.
Tech News of the week in India: This was an interesting week in the world of tech, where, Apple officially launched the Vision Pro, the company’s first spatial computing device, and RBI also announced that it is banning the Paytm Payments Bank from all the credit or deposit related transactions.
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- 01
Apple launches Vision Pro
Apple Vision Pro headset is now available for purchase in the US with a starting price of $3,499 or around Rs 3,00,000, making it one of the most expensive consumer-grade mixed reality or spatial computing devices, powered by the M2 chip, which also powers the MacBooks and iPad Pro.
- 02
Paytm Payments Bank banned in India
RBI has banned Paytm Payments Bank, which will be effective from March 2024, where, the bank won’t be able to offer any sort of credit or deposit-related transaction due to non-compliance and material supervisory concerns. However, Paytm has confirmed that all the services will continue to work for users, where, the platform will soon partner with other banks to offer products like Paytm Wallet, Paytm linked FASTag, and more.
- 03
X trying to be the next YouTube
X, the Elon Musk-owned microblogging platform is currently focused on attracting more creators to its platform by incentivising them with lucrative payouts for the content that they natively publish on the platform. As a result of this effort, the platform recently paid a whopping $263,655 to Jimmy Donaldson, also known as MrBeast for a video that garnered over 169 million views, and according to the creator, this payout is much bigger than what YouTube pays for a similar number.
- 04
Google might rebrand Bard
Google’s generative AI assistant Bard might soon get a makeover and is expected to be called Gemini, suggests a leaked document on X, previously Twitter. Google already calls some of its large language models Gemini, and with this rebranding, it will be much easier for the company to offer various AI-powered features under one umbrella.
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First uploaded on: 04-02-2024 at 14:04 IST
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