ETtech Morning Dispatch on Feb. 2, 2021: Top tech news to start your day

Here's a lowdown on Union Budget 2020-21, from an upstart's perspective.

from Tech-Economic Times https://ift.tt/2YDD0LU

A directionally strategic budget, focused on fueling growth, job creation

It is an encouraging budget for India's startup ecosystem, with the extended tax holiday and the steps allowing one-person companies to grow providing them with some much-required relief, writes Flipkart CEO Kalyan Krishnamurthy.

from Tech-Economic Times https://ift.tt/3rgxGdA

Ex-Googler Turns Virtual Gifts Into a $61 Billion Business With Chinese Video App Kuaishou

Kuaishou, the Chinse video app, has become the biggest live-streaming platform for virtual gifts beating rival and TikTok parent ByteDance. The company raised $5.4 billion in Hong Kong in the biggest internet initial public offering since Uber in 2019.

from Gadgets 360 https://ift.tt/3cxXIoH

Global Chip Sales Rose 6.5 Percent in 2020 After Year-End Rush: Report

Semiconductor sales rose 6.5 percent globally to $439 billion in 2020, with the major recovery occurring in the last three months of the 2020, according to data from the Semiconductor Industry Association (SIA).

from Gadgets 360 https://ift.tt/2MMbrgH

Nokia 2.4 Successor Possibly Spotted on Bluetooth SIG Database

A Nokia phone that could possibly succeed the Nokia 2.4 has been spotted on the Bluetooth SIG website. The listing shows that the phone will come with Bluetooth 5.0 and LTE support.

from Gadgets 360 https://ift.tt/3j66FXN

Chromebook Shipments Almost Quadrupled in Q4 2020 With Over 11 Million Units: Canalys

Chromebook shipments for Q4 2020 saw a 287 per cent increase over Q4 2019’s figures, with 11.2 million units. The market almost quadrupled in this quarter, as per an analysis. The full year Chromebook shipments are 30.6 million units. The demand for Chromebooks has been ‘through the roof’ due to the coronavirus-induced lockdowns.

from Gadgets 360 https://ift.tt/3j6T1mV

Startups get tax breaks for one more year in Budget 2021

The government also proposed to incentivise incorporation of one-person companies, a move which will benefit startups and innovators.

from Tech-Economic Times https://ift.tt/3cuhcur