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Apple’s WWDC 2018: Everything You Need To Know About The iOS 12 Updates

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Apple WWDC 2018,Everything Know About iOS 12 Updates,Startup Stories,Startup News India,Best Tech News,Iphone News India,2018 Apple Worldwide Developers Conference,Best iOS 12 Updates,Apple WWDC 2018 Keynote,Apple Update 2018,WWDC 2018 Conference

If you tuned into Apple’s Worldwide Developer’s Conference for major game changing software updates, then the new features might be a tad bit disappointing. With that being said, the features introduced for the new iOS updates are a class act. Here are all the updates announced at the WWDC 2018 Conference!

1. Screen Time 

Similar to Google and Android phones, Apple is working at increasing the balance between gadgets and life. The new Screen Time feature details about how much time is spent on the screen and individual devices. The new feature breaks down how much time is spent on individual apps, including games and texting apps! Screen Time will provide you with a weekly summary of how you use your phone. Furthermore, you can set time limits on each individual and once the time is up, a time’s up” message will display when the counter runs out. Apple is also introducing a parental control feature, giving parents the ability to reduce their kid’s screen time.

2. Memoji: Custom Emojis 

The new Animoji features were first introduced to the Apple X. Starting with the iOS, Animoji will be able to detect your expression when you stick your tongue out at the camera. Apple terms the new emoji update feature as Memoji. With the new updates, users will not only be able to personalize the emoticons, they will also be able to change the face colour and customise as per requirement. The new updates are a cross between Bitmoji and Nintendo’s Mil characters.

3. Group Facetime

Taking Apple’s coveted Facetime feature a notch higher, iOS 12 has introduced an update called group Facetime sessions. According to the new update, almost 32 people will be able to Facetime at the same time. When multiple people are on a call, their video windows will get larger when they’re speaking and shrink when they’re not. For conversations where your face feels a little boring, you’ll be able to use Animoji and Memoji characters during calls.

4. Improved Augmented Reality Experience

The new iOS software promises improved augmented reality experiences. The Apple team is introducing a new file format called USDZ, a feature similar to the software being used by Adobe, Autodesk, and Sketchfab.

5. Measure APP 

The Measure APP is Apple’s coolest new feature. As the name suggests, the app lets you accurately measure surfaces around you. Place the frame around the object needed measuring and the app accurately gives you the measurements you are after.

6. Pictures 

The Photos App in iOS 12 will automatically offer search suggestions. With the “For You” tab, the new update offers suggestions based on earlier filters used. Furthermore, friends with pictures from similar events and places will be prompted to share their images as well.

7. Shortcuts App 

The new Shortcuts App comes as a blessing in disguise for i Phone users. The app lets you string together multiple actions which can be prompted by a customised Siri request.

8. iBooks Become Apple Books 

Apple is rebranding its ebook app from iBooks to Apple Books. Along with the name change comes a refreshed design that focuses on discoverability. A new Book Store tab “makes it easy to explore new titles and browse the top charts, curated collections, and special offers,” according to Apple.

The new features promise an improvement in the performance as opposed to improving the apps already available. The new iOS software is expected to roll out in November this year!

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Bhavish Aggarwal Sells ₹325 Crore Ola Electric Stake, Retains Control

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Startup Stories

Bhavish Aggarwal has sold Ola Electric shares worth about ₹325 crore over three consecutive trading sessions, primarily to fully repay a promoter-level loan of ₹260 crore and release all pledged promoter shares. Despite the stake sale, he continues to hold a significant shareholding of over 34 percent in Ola Electric, and the company has clearly stated that there is no change in promoter control or his long-term commitment to the business. This one-time, limited monetisation at the promoter’s personal level is positioned as a structural clean-up rather than a signal of reduced confidence in the company.

The transactions, executed through open-market bulk deals, included an initial sale of about 2.6 crore shares worth roughly ₹92 crore at an average price of ₹34.99 per share, followed by additional trades of around ₹142 crore and ₹90 crore, taking the total sale value to approximately ₹324–325 crore. As a result, Aggarwal’s stake has fallen by a little over 2 percent, while all previously pledged promoter shares about 3.93 percent of Ola Electric’s equity are being released, removing the overhang and risk typically associated with pledged stock. The company has also clarified that these deals do not involve any capital raise or dilution by Ola Electric itself, which is important for investors tracking promoter stake and governance.

The share sale came at a time when Ola Electric’s stock had been under pressure, even hitting an all-time closing low amid concerns around growth, competition and heavy promoter selling. However, once the company confirmed that the stake sale was complete and all promoter-level pledges would be cleared, the stock rebounded sharply, gaining around 9–10 percent as markets welcomed the removal of this technical overhang. For investors, the focus is now expected to shift back to Ola Electric’s core fundamentals EV sales growth, margins, and market-share performance in India’s two-wheeler EV segment while the reduced promoter debt risk and continued high promoter holding offer some comfort on long-term alignment.

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Kuku FM’s $200 Million IPO: Mebigo Labs Hires Top Bankers to Lead Public Listing

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Kuku FM

Kuku FM’s parent company, Mebigo Labs, has hired leading investment banks to prepare for a 200 million dollar IPO in India, marking a major milestone for the country’s digital audio ecosystem. The Mumbai-based company has reportedly appointed Kotak Mahindra Capital, Axis Bank and Morgan Stanley’s India unit to manage the proposed share sale, which is likely to be launched on Indian stock exchanges once key regulatory steps are completed. This move signals strong intent to tap public markets and test investor appetite for subscription-led regional audio platforms in India.​

The planned IPO proceeds are expected to help Kuku FM expand its content library, strengthen its regional language offerings and invest in technology to enhance user experience. With a focus on Hindi, Marathi, Tamil and other Indian languages, Kuku FM aims to capture the fast-growing audience in Tier 2 and Tier 3 cities seeking affordable audiobooks, courses and storytelling content. The funds could also provide additional firepower for marketing, partnerships and product innovation, helping the platform compete more aggressively in India’s crowded digital entertainment and creator economy landscape.​

Founded in 2018, Kuku FM has built a subscription-driven business model and has reportedly scaled to millions of paying users, backed by multiple funding rounds from prominent investors. Its decision to pursue a 200 million dollar IPO positions it as one of the first major Indian audio platforms to attempt a public listing, potentially paving the way for other podcast and niche content startups to follow. As the IPO process moves forward, Kuku FM’s performance in the public markets will be closely watched as a key indicator of how investors value regional, knowledge-first audio platforms in India’s booming digital economy.

 

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Zerodha Reports 23% Profit Decline in FY25 as Revenues Miss Target

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Zerodha FY25

Zerodha experienced a challenging FY25, as its revenue fell 11.5% to ₹8,847 crore and net profit dropped 22.9% to ₹4,237 crore. This decline reflects tougher regulatory conditions, lower trading volumes, and increased operational costs in the brokerage market, all of which impacted core earning segments for the company.​

Despite these headwinds, Zerodha improved its operating margin to 63.78% and built up significant cash reserves, reporting ₹22,679 crore in bank balances. Salary expenses and director remuneration increased, but disciplined cost controls helped the company maintain profitability and a debt-free balance sheet. The drop in active clients and increased compliance costs further contributed to the profit contraction.​

Looking ahead, Zerodha’s resilience is supported by its robust cash position and operational efficiency. Maintaining steady margins, diversifying product offerings, and investing in technology positions the company to withstand future regulatory fluctuations and changing market sentiment reinforcing its status as one of India’s leading brokerage firms.

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