👀 The Week At A Glance
This week we talked about two exciting new startups, tax-free movies and a lot more.
We began the week by discussing a common household problem, foot pain, and ended it with a look at the fall of Revlon. Catch up with all this and more in just 4 minutes.
👣 Your Feet Could Be Costing the World $300bn!
Most of us ignore foot pain or believe that it is a normal part of life. However, this foot pain could be due to a host of diseases. It could cause more problems that could decrease your productivity and cost the world $300bn! But Shark Tank-featured brand, Your Foot Doctor, is trying to change this. Here's how.
Want to invest in Your Foot Doctor?
✊🏻 How Alibaba Defeated eBay
Back in the 2000s, eBay was one of the biggest e-commerce companies and was ready to take on China. But Alibaba, a small local company at the time, managed to oust this giant from its territory. Here's how.
🧐Can We Replace EVs?
EVs have become the go-to green vehicle option now. But EVs have a lot of issues: they're not completely green, they're dependent on semiconductors (which are facing a supply chain crisis), and many are exploding. So, here's our look at a few other green transportation tech.
🎥 Do Tax-Free Movies Make Sense?
Tax-free movies are all the rage right now. And though the intention behind making movies tax-free is to decrease costs for viewers, this is often not what actually happens. ReadOn to know more.
🍇Can Tech Prevent Food Wastage?
Food waste is a major problem plaguing the world. The amount of waste we generate could feed 871 million people and save millions of lives. But preventing food waste is difficult. However, one startup, Fresh From Farm, a smart fruit and veggies vendor, has found a way to reduce retail food wastage using tech. Here's how.
Fresh From Farm be like:
Want to invest in Fresh From Farm?
📉 The Fall of Revlon
Revlon was one of the world's earliest and biggest beauty brands. It had managed to make its way onto shelves in 150 countries. However, it is now filing for bankruptcy protection. But what led to this giant's downfall? ReadOn to find out!
🗞️ Here’s What Else Made the News And Moved the Markets
👉🏻 The BCCI has finally sold the digital and TV rights for the next 5 IPLs. These rights have earned the agency Rs. 48,390 crores, a 3x hike from the last auction. Who are the winners? Disney Star managed to retain the TV rights but lost the IPL broadcasting monopoly by losing the digital rights auction to Viacom18. This could cause Disney+ Hotstar to lose millions of subscribers. However, the real winners of this entire auction were the BCCI and the IPL teams that now have a huge pile of cash.
👉🏻 The government has finally scheduled 5G auctions for the end of July. The auctions will be held at TRAI prices (which telecos thought were too high). But telecom companies can pay for spectrum over 20 years, which is a major relief. However, with only three companies competing for the spectrum, the auction may not be very heated. Also, as the government is allowing companies to set up private 5G networks, the demand for enterprise 5G will go down. So, telecos have further lost interest in the auction.
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With love,
Team ReadOn ❤️
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