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iPhone X Sold Out Minutes After Pre Ordering Starts

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iPhone X, the latest smartphone released by technology giant Apple, was reportedly sold out ten minutes after the pre orders were opened. According to Apple, the demand for the latest iPhone was “off the charts” and the device was sold out within a matter of minutes.

The pre orders began at 12:01 A.M., on Friday, 27 October 2017, but, the shipping time for the different models began to slip after the first ten minutes. Consumers in Australia and UK also saw a delivery delay of five to six weeks. However, Apple claims the iPhone X will be available in stores next Friday, on 3 November 2017. Recently, media reports suggested, the company would be shipping close to 2 to 3 million iPhone X devices across the globe to meet demands.

Speaking about the delays in shipping, Apple said, “We’re working hard to get this revolutionary new product into the hands of every customer who wants one, as quickly as possible. We will keep accepting orders online and iPhone X will be available at Apple retail stores on Friday, November 3 starting at 8 a.m., as well as from our carrier and retailer partners around the world.

TechCruch reported, an iPhone X search on eBay showed more than 1,200 listings posted on the site within 45 minutes of the pre sales opening. According to eBay, there were 36,555 searches for iPhone X from midnight until 1 P.M., Eastern Standard Time.

But, Apple news portal 9to5Mac reported, the customers who had delivery estimates between 10 November and 17 November have seen their estimated delivery date preponed to November 3. Therefore, customers whose delivery estimates are 2 to 3 weeks after the launch may also see their estimates preponed soon.

Apple revealed its first all screen smartphone, iPhone X, in September at their annual product keynote event. The iPhone X sports a 5.8 inch super retina display and is equipped with Face ID scanning and wireless charging. The all glass smartphone with a surgical grade stainless steel body is also water and dust resistant. It packs two 12 megapixel cameras with dual optical image stabilization and an image signal processor. The 7 megapixel front camera is powered by the A11 Bionic processor which supports machine learning, augmented reality and 3D gaming. The iPhone 8 and iPhone 8 Plus were also launched at the event along with the Apple Watch 3 and the upgraded Apple TV.

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Deep-Tech Startup EndureAir Raises INR 25 Crore from IAN Alpha Fund to Boost Drone Innovation

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StartupStories

EndureAir, a deep-tech drone startup specializing in UAV (Unmanned Aerial Vehicles) and aerial robotics solutions, has successfully raised INR 25 crore in a funding round led by IAN Alpha Fund, with participation from IAN Angel Fund. The fresh capital infusion will enable EndureAir to enhance its advanced drone technologies for defense applications, broaden its reach in enterprise markets, and accelerate the development of next-generation high-altitude logistics and aerial robotics platforms.

Founded in 2018 by Dr. Abhishek, a professor of Aerospace Engineering at IIT Kanpur, along with his former students Rama Krishna and Chirag Jain, EndureAir stands out in India’s indigenous UAV sector by developing both hardware and software in-house. Backed by over 15 years of rotorcraft research and holding eight patents in flight dynamics and autonomous systems, the company has rapidly established itself as a pioneer in the deep-tech drone ecosystem.

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Venture Catalysts Raises Rs 150 Crore to Boost Multi-Stage VC Platform and AI Capabilities

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Venture Catalysts, a leading Mumbai-based venture capital platform, has secured Rs 150 crore (around $18 million) through a strategic mix of primary and secondary transactions. This fresh round of funding resulted in a company valuation of approximately $200 million and drew participation from high-profile investors such as Ashish Kacholia, the Shah Rukh Khan family office, Aishwarya Rai, as well as several established capital market veterans and renowned business houses. The move not only demonstrates strong investor confidence but also positions Venture Catalysts at the forefront of India’s rapidly evolving startup landscape.

The infusion of capital is earmarked to accelerate key initiatives, including expanding Venture Catalysts’ leadership team, launching new investment funds, and exploring advanced technology solutions with an emphasis on AI-enabled due diligence and reporting tools. Additionally, the firm aims to strengthen its footprint across major Indian startup hubs and grow its suite of Category II alternative investment funds, harnessing this growth to support a new wave of promising startups and founders within the ecosystem.

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U.S. AI Startup Anthropic Expands Global Ban to Tackle Chinese Tech Influence

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U.S. AI leader Anthropic has expanded its restrictions on Chinese entities, taking a firm stance against access to its advanced AI models—including the renowned Claude chatbot—by any company or subsidiary more than 50% owned, directly or indirectly, by Chinese organizations. This updated AI policy is designed to block loopholes that previously allowed access to powerful AI tools via overseas affiliates, joint ventures, or cloud providers, reinforcing Anthropic’s commitment to responsible technology governance and the protection of sensitive data.

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While the immediate business impact is expected to be modest, experts consider this a landmark decision that may set industry-wide precedents, prompting other U.S. tech giants to reevaluate their own AI export and usage policies. This development not only heightens the U.S.–China tech rivalry but also shapes the future landscape of AI governance, data security, and international compliance in a rapidly evolving digital world.

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