Indian-origin entrepreneurs turn around fortune of hottest US startups
While Stanford alumni Baiju Bhatt led Robinhood app to a $11.7 billion valuation, Rohan Seth’s Clubhouse app made it big in less than a year as it now boasts of members such as Elon Musk and Mark Zuckerberg. February 15, 2021 / 04:38 PM IST
This photo illustration shows the logo of trading application Robinhood on a mobile phone in Arlington, Virginia on January 28, 2021. (PC-AFP)
In the Silicon Valley, two startups founded by Indian-origin entrepreneurs – financial trading application Robinhood and social media application Clubhouse – have become the talk of the town.
Both the startups are led by Indian-origin Stanford alumni Baiju Bhatt and Rohan Seth – the co-founders of Robinhood and Clubhouse, respectively.
Image sourced from Daily Express
Invitation-only audio-chat platform, Clubhouse has become extremely popular across the world. However, researchers from Stanford Internet Observatory (SIO) have revealed that the app could cause trouble for Chinese users.
This is because the app collects content, communications, and other information that participants provide, including when they sign up for an account, create or share content, and message or communicate with others. And the app temporarily records the audio in a room while the room is live.
In China, the government restricts open discussion of certain topics, “maintaining a ‘Great Firewall‘ to block domestic audiences from accessing many foreign apps and websites”. The SIO believes that “the government could eavesdrop on [users] conversations, leading to reprisals”.
In the last 24 hours, 92 people succumbed to the deadly virus while 11,106 were discharged from hospitals, according to the health ministry.Now, the active number of coronavirus cases stands at 1,37,567 in the country
UN Security Council to debate challenge of global Covid-19 vaccine access
Dr. William Gibson draws the Moderna vaccine into syringes at Central Falls High School in Central Falls, Rhode Island, on February 13, 2021. - The city of Central Falls is currently offering Covid-19 vaccinations to any adult 18 years and older in contrast to the rest of the state which is following state guidelines and offering only to certain groups, frontline workers and people 75 years old and older. According to the US Census bureau, Central Falls is made up of over 66% Hispanic and almost 13% Black residents. Everybody that lives or works here is a priority, if we don t fix the problem, where the problem is. We are just going to continue spreading this disease, said Mayor Maria Rivera. (Photo by Joseph Prezioso / AFP)