
Energy-Efficient & Sustainable Smartphone
Design and Screen
The phone has a big 6.8-inch screen and a green color.
Performance and Battery
It has a strong processor and a big battery that charges fast.
Cameras
The phone has two cameras on the back and one front camera for selfies.
Durability and Software
It can resist dust and water splashes. The phone is made to last and runs the latest Android system.
Memory and Storage
It has enough memory and storage for apps and files.
Good for the Environment
Honor uses smart technology to make the phone energy-efficient. This helps save battery and reduce power use, which is better for the planet.
Price and Launch
The price and launch date will be shared soon.

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NDTV
an hour ago
- NDTV
AI Startup Perplexity Makes $34.5 Billion Offer To Buy Google Chrome
Washington: Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which the internet giant could potentially be forced to sell as part of antitrust proceedings. The whopping sum proposed in a letter of intent by Perplexity is nearly double the value of the startup, which was reportedly $18 billion in a recent funding round. "This proposal is designed to satisfy an antitrust remedy in highest public interest by placing Chrome with a capable, independent operator focused on continuity, openness, and consumer protection," Perplexity chief executive Aravind Srinivas said in the letter, a copy of which was seen by AFP. Google is awaiting US District Court Judge Amit Mehta's ruling on what "remedies" to impose, following a landmark decision last year that said the tech titan maintained an illegal monopoly in online search. US government attorneys have called for Google to divest itself of the Chrome browser, contending that artificial intelligence is poised to ramp up the tech giant's dominance as the go-to window into the internet. Google has urged Mehta to reject the divestment, and his decision is expected by the end of the month. Google did not immediately respond to a request for comment. Perplexity's offer vastly undervalues Chrome and "should not be taken seriously," Baird Equity Research analysts said in a note to investors. Given that Perplexity already has a browser that competes with Chrome, the San Francisco-based startup could be trying to spark others to bid or "influence the pending decision" in the antitrust case, Baird analysts theorized. "Either way, we believe Perplexity would view an independent Chrome -- or one no longer affiliated with Google -- as an advantage as it attempts to take browser share," Baird analysts told investors. Google contends that the United States has gone way beyond the scope of the suit by recommending a spinoff of Chrome, and holding open the option to force a sale of its Android mobile operating system. "Forcing the sale of Chrome or banning default agreements wouldn't foster competition," said Cato Institute senior fellow in technology policy Jennifer Huddleston. "It would hobble innovation, hurt smaller players, and leave users with worse products." Google attorney John Schmidtlein noted in court that more than 80 percent of Chrome users are outside the United States, meaning divestiture would have global ramifications. "Any divested Chrome would be a shadow of the current Chrome," he contended. "And once we are in that world, I don't see how you can say anybody is better off." The potential of Chrome being weakened or spun off comes as rivals such as Microsoft, ChatGPT and Perplexity put generative artificial intelligence (AI) to work fetching information from the internet in response to user queries. Google is among the tech companies investing heavily to be a leader in AI, and is weaving the technology into search and other online offerings.
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First Post
9 hours ago
- First Post
Perplexity offers $34.5bn for Google's Chrome in bid to challenge search dominance
San Francisco-based Perplexity, valued at about $18bn, said large venture capital funds had agreed to fully finance the deal. The offer falls within analysts' estimates of Chrome's enterprise value, which range between $20bn and $50bn A Google logo is seen at a company research facility in Mountain View, California, U.S. Reuters Artificial intelligence start-up Perplexity has made an audacious $34.5 billion offer to buy Google's Chrome browser, positioning itself as a willing acquirer should a US court order its sale to curb Google's grip on the search market. The proposal, disclosed to The Wall Street Journal, comes as US District Judge Amit Mehta weighs remedies after ruling last year that Google illegally monopolised search. Mehta is expected to decide this month whether to force structural changes, including the possible divestiture of Chrome, which has 3.5bn users and controls over 60 per cent of the global browser market. STORY CONTINUES BELOW THIS AD Offer well above Perplexity's own valuation San Francisco-based Perplexity, valued at about $18bn, said large venture capital funds had agreed to fully finance the deal. The offer falls within analysts' estimates of Chrome's enterprise value, which range between $20bn and $50bn. In a letter to Google chief executive Sundar Pichai, Perplexity said the bid was 'designed to satisfy an antitrust remedy in highest public interest by placing Chrome with a capable, independent operator.' It added it would continue to maintain Chromium, the open-source platform underpinning Chrome, and keep Google as the default search engine, though users could change settings. Google resists forced sale Pichai has argued that selling Chrome or sharing user data would harm Google's business, undermine investment in new technology and create security risks. During testimony earlier this year, he said such measures could weaken the browser's development. The Justice Department's 2020 antitrust lawsuit against Google has also raised other potential remedies, including limits on default search deals with device makers and requirements to share data with rivals. Google has proposed less sweeping changes, such as modifying its exclusive agreements with Apple, Mozilla and Android partners. A signal to the court Analysts suggest Perplexity's offer may be intended to show Judge Mehta there is a credible buyer for Chrome, strengthening the case for a divestiture. While legal experts say a forced sale remains unlikely, Mehta has described it as potentially 'cleaner and more elegant' than behavioural remedies. Founded in 2022, Perplexity recently launched its own browser, Comet, to a subset of users. The company is already entangled in legal disputes with two subsidiaries of News Corp, which have sued over alleged copyright infringement. The ruling, expected within weeks, could shape the future of both the search and browser markets— and determine whether Perplexity's multibillion-dollar offer ever moves beyond the proposal stage.


Mint
12 hours ago
- Mint
Companies plan stablecoins under new law, but experts say hurdles remain
(Refiles to fix typo in paragraph 22) (Reuters) -Financial companies from Bank of America to Fiserv are preparing to launch their own dollar-backed crypto tokens now that a new U.S. law has established the first-ever rules for stablecoins, but experts warn the path forward could be anything but simple. U.S. President Donald Trump on July 18 signed the GENIUS Act into law, setting federal rules and guidelines for cryptocurrency tokens pegged to the U.S. dollar known as stablecoins. This U.S. law, the first designed to facilitate crypto usage, could pave the way for the digital assets to become an everyday way to make payments and move money, experts said. The use of stablecoins, designed to maintain a constant value, usually a 1:1 U.S. dollar peg, has exploded in recent years, notably among crypto traders moving funds to and from other tokens, such as bitcoin and ether. Now, a slate of companies are entertaining their own stablecoin strategies to capitalize on the promise of instant payments and settlement that stablecoins offer. Payments on traditional banking rails can take several days to arrive, or take even longer across international borders. Among the companies considering stablecoins are Walmart and Amazon, the Wall Street Journal reported in June. Walmart and Amazon did not immediately respond to requests for comment. However, the new law will not immediately open the floodgates, experts said. The newfound opportunity to dabble in stablecoins can lead to numerous tricky considerations for firms, both strategic and technical. Companies have to embark on a lengthy process to deploy their own stablecoins, or decide whether it makes more sense to integrate existing stablecoins, like issuer Circle's USDC, into their business. Companies first have to decide the purpose of their stablecoins. For example, a retail platform could make a stablecoin available to customers to buy goods, which could appeal to crypto-savvy users. Some companies could use them internally for cross-border payments, given that stablecoins can enable near-instant payments, often with lower fees. How a company plans to use a stablecoin could affect whether it creates a stablecoin or works with a partner. "The intended use is going to matter a lot," said Stephen Aschettino, a partner at Steptoe. "Is this something really designed to drive customers to engage with the issuer, or is the issuer's primary motivation to have a stablecoin that is more ubiquitous?" For nonbanks, stablecoins will bring new compliance costs and oversight requirements, given that the GENIUS Act requires issuers to comply with anti-money laundering and "know your customer" (KYC) requirements. "Those that already have robust KYC risk management and regulatory change management programs or working towards implementing these program elements may have a competitive advantage," said Jill DeWitt, senior director of compliance and third-party risk management solutions at Moody's. One group likely to enjoy that advantage is banks, which are no strangers to screening for sanctions-related risks and verifying the identities of their customers. Bank of America and Citigroup are actively considering issuing their own stablecoins, the CEOs of both banks said in earnings calls last month. Others like Morgan Stanley are closely monitoring stablecoin developments. JPMorgan Chase CEO Jamie Dimon said the bank will be involved in stablecoins, without giving details. Banks need to weigh several factors before going live with stablecoins, including how holding the tokens might affect liquidity requirements, said Julia Demidova, head of digital currencies product and strategy at FIS. Banks holding assets like stablecoins on their balance sheets might be required to hold more capital under current U.S. bank rules. "The GENIUS Act is great, but if the bank is treating their stablecoin on the balance sheet under prudential banking regulation, you still need to look at the risk weight of the asset," she said. Another crucial question is how to issue stablecoins. Like other cryptocurrencies, stablecoins are created on a blockchain, a digital ledger that records transactions. Hundreds of blockchain networks exist today, two of the most popular being ethereum and solana. Both are considered public or "permissionless" blockchains because all transactions on those networks are available for anyone to see. Still, it is unclear which attribute companies issuing stablecoins would prioritize. Banks, in particular, could opt for their own private, or "permissioned," blockchains instead, Demidova said. "The banks would desire and demand that very clear governance and structure," she said. "In that permissionless environment, you don't have the governance and controls in place." Others like Nassim Eddequiouaq, CEO of Bastion, a provider of infrastructure for companies to issue their own stablecoins, see merits to permissionless blockchains. "We've seen a tremendous amount of interest for existing blockchains that have seen user adoption, that have been battle tested at scale, including during activity spikes," he said. Although the GENIUS Act has been signed into law, its effective date is potentially several years off, with federal banking regulators expected to issue rules in the meantime to fill in certain gaps. The Office of the Comptroller of the Currency, for instance, is expected to issue rules to outline several risk management and compliance requirements. Under the new U.S. framework, the Treasury Department will have to issue a rule on foreign stablecoin regulatory regimes and their compatibility with the new U.S. framework. "These things are going to have to phase in," said Aschettino.