| August 11, 2022 |  | | Hello Reader,
The battle between blue and green continues. And no, this isn’t about any sport. These are the colours iPhones use to denote texting within the iOS ecosystem (the royal, elite blue) and outside, i.e., Android (the common, lowly green).
A Google campaign has now accused Apple of creating a “substandard experience” of texting between iPhone and Android users by refusing to adopt RCS (Rich Communication Services), a cross-platform messaging protocol that was meant to solve ageing SMS and MMS standards.
In other news, Motorola is finally revealing its newest foldable Razr 2022 at the company’s launch event in China. And if the rumours are true, it is going to be cheaper than its first variant.
This comes on the heels of Samsung’s launch of its latest foldables—Galaxy Fold4 and Galaxy Flip3—at the Samsung Galaxy Unpacked event last night. While the South Korean manufacturer does seem to have the edge (and a greater share) in this segment at the moment, it is too soon to rule out the Razr.
After all, who can forget the iconic Motorola Razr, which went on to become the best-selling clamshell phone in the world?
Tell us, what do you think about foldable phones?
In today’s newsletter, we will talk about -
RBI’s guidelines for digital lending platforms -
Inside Bobble AI’s bet on conversational commerce -
Brewing for success: Meet Graduate Chaiwali Here’s your trivia for today: When did Amazon release its first Kindle e-reader? | | | | Digital Lending | | RBI’s guidelines for digital lending platforms
|  | | The Reserve Bank of India came out with a set of guidelines for regulated digital lenders and entities. While loan disbursals can now be executed only between the bank accounts of borrowers and entities such as banks, NBFCs, and microfinance institutions, all fees and charges have to be paid directly by the regulated entity and not by the borrower.
The digital lending guidelines were put together by the RBI's Working Group on Digital Lending, constituted in January 2021, to study issues related to online lending.
Greater transparency: -
If a complaint is not resolved within 30 days, consumers have the option to lodge a complaint. -
All costs pertaining to the loan must be disclosed to the borrower. -
Loan platforms need to provide a cooling-off or look-up period to borrowers. | | Read More | | | | | | | | | | | | | $1M | | Adventures Overland
Undisclosed | | | | | Conversational commerce | | Inside Bobble AI’s bet on conversational commerce |  | | For AI-powered Bobby AI, conversational commerce is the future of online shopping. The startup offers Indic keyboards that allow users to type in Indian languages, supporting over 120 languages and dialects including Hindi, Bangla, Marathi, Malayalam, Tamil, and Punjabi.
“Our idea of commerce is through the keyboard within the same interface. Keyboard as-a-platform suitable in picking up real-time intent, on the basis of what the user is acting on in the smartphone and giving personalised suggestions,” co-founder Ankit Prasad says.
Smart keyboard: -
‘Super Assist’ icon introduces super keyboard that aggregates services such as payments, shopping, or product services. -
It processes user data from 20 million users to generate signals and insights, and earns from it. -
70 billion messages, with 10 billion emojis and 700 million GIFs and stickers, are exchanged on a daily basis. | | Read More | | | | | | Inspiration | | Brewing for success: Meet Graduate Chaiwali |  | | When economics graduate Priyanka Gupta started selling tea outside Patna Women’s College, many questioned why she wasn't finding a job. But she didn't give up, and with Rs 30,000 in hand, she started Graduate Chaiwali.
Now Graduate Chaiwali sells over 300-400 cups of chai daily. The menu is limited for now with four variants of tea, which includes the best-selling pan chai, elaichi chai, rose chai, and chocolate chai.
Chai pe Charcha: -
Priyanka managed to make approx Rs 1.5 lakh profit. -
She scaled her business to open a second outlet. -
Recently, actor Vijay Deverakonda made a visit to Priyanka’s tea stall. | | Read More | | | | | | News & Updates | | | -
Cash is king: SoftBank Group Corp said it would book a gain of $34.1 billion by cutting its stake in Alibaba to 14.6% from 23.7% by settling prepaid forward contracts. Alibaba's U.S.-listed shares were down 1.7% in premarket trade after the announcement. -
On guard: The People’s Bank of China said it will safeguard the economy against inflation threats, pledging to avoid massive stimulus and excessive money printing to spur growth. The central bank will both support economic growth and ensure stable prices, the PBOC said. -
Quite the slump: Cryptocurrency exchange Coinbase’s revenue plummeted 61% in the latest quarter as crypto prices fell and trading volumes slumped. The company reported an after-tax loss of $1.1 billion, compared with its $1.6 billion net profit a year ago. | | | | Upcoming YourStory Event | | |  | | Join us for a virtual event on Aug 26, 2022 for the launch of YourStory’s Health360 Summit, a series of events that aims to delve deep into the roots of India’s healthcare ecosystem- investigating its vulnerabilities to safeguard its future. | | Register Now | | | | | Here's what else we have for you | | | | Converge@Walmart | | In association with Walmart | | #Converge@Walmart is back with its reimagined second edition! Register now and witness never-before-seen innovations in retail tech. This is your chance to discover breakthrough insights and forge connections with in-person networking. | | Register Now | | | | What the Indian startup ecosystem can learn from Silicon Valley | | In association with OneValley | | “I want to democratise entrepreneurship and innovation,” says Nikhil Sinha, CEO, OneValley as he elaborates on OneValley’s mission of accelerating startups and supporting entrepreneurs. Listen to the interview | | Watch Here | | | | AWS Torchbearer Inc - Staying on top under pressure | | In association with Amazon Web Services | | At Torchbearers Inc, watch India’s top entrepreneurs & Olympians discuss their dreams, hustles and winning secrets! The new episode features ace tennis player Mahesh Bhupathi & Urban Company’s Abhiraj Bhal share their nuggets on staying on top under pressure. | | Register now | | | | How leap.club is on its way to becoming a go-to social professional network for women | | In association with leap.club | | “We’ve been dismissed as a non-starter biz at every step. Women don’t invest in their growth, businesses like yours don’t scale, LinkedIn already exists – we’ve heard it all. We will work hard to prove everyone wrong,” leap.club’s founders, Anand Sinha and Ragini Das. | | Read More | | | | What you should watch out for | | | -
Jagdeep Dhankhar to take oath as the 14th Vice President of India. -
The fourth and last of the year is rising tonight, called the Sturgeon Moon. | | | | Did you know? | | | | When did Amazon release its first Kindle e-reader? | | Answer: Amazon released its first Kindle device in November 2007. The device wasn’t sold outside the US and is the only Kindle to have had an SD card slot to date. | | | | We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail editorial@yourstory.com .
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