 The National Aeronautics and Space Administration (NASA) signed a space act agreement with Uber Technologies to explore concepts and technologies related to Urban Air Mobility (UAM) for future air transportation such as flying cars in populated areas. Under the agreement, Uber will share its plans with NASA for implementing the urban aviation rideshare network. |
| Source- The Guardian |
 Facebook has announced that the company's Vice President of Product Chris Daniels will be taking over Whatsapp after Co-founder Jan Koum announced his departure, recently. In his new role, former Internet.org VP Daniels will report to Facebook's Chief Product Officer. Daniels has been working with Facebook for more than seven years and previously worked for Microsoft in product management. |
| Source- Recode.net |
 US-based retail giant Walmart has confirmed that it will buy 77% stake in India's largest e-commerce startup Flipkart for $16 billion. Walmart bought the stake in Flipkart for 16 billion dollars The acquisition, which is the largest e-commerce deal in the world, will value the homegrown startup at a reported amount of $20.8 billion. |
| Source- The Livemint |
 Prime Minister Narendra Modi has been ranked ninth on Forbes' 2018 list of 'the world's most powerful people'. Chinese President Xi Jinping ranked first, followed by Russian President Vladimir Putin and US President Donald Trump at the second and third rank, respectively. The only other Indian to feature on the list is Reliance Industries Chairman Mukesh Ambani at 32. The PM Modi ranks ahead of Facebook CEO Mark Zuckerberg (who is at 13th spot). |
| Source- The Forbes |
 Armenia’s parliament elected Nikol Pashinyan as a new prime minister in a 59-42 vote. His election comes after Serzh Sargsyan’s resignation as Prime minister of Armenia. Nikol Pashinyan is the leader of Civil Contract party. He is a former newspaper editor. |
| Source- The Guardian |
 Google had appointed Nitin Bawankule as the country head for its cloud business in India, as the search giant looks at taking a larger share of the booming demand for those services in the country. Bawankule has been with Google for six years and was previously head of sales for its e-commerce, retail and classifieds and education business. Bawankule will report to Rick Harshman, managing director of Asia Pacific for Google Cloud. |
| Source- DD News |
 UN Secretary-General Antonio Guterres announced to hold a climate summit in September 2019 in New York to review the commitments of the 2015 Paris Agreement on Climate Change. The announcement was made at the opening ceremony of the 37th session of the UN Economic Commission for Latin America and the Caribbean. In March 2018, Guterres appointed former New York Mayor Michael Bloomberg as his Special Envoy for Climate Action who was tasked to support the United Nations (UN) in its climate strategy and in organising the 2019 summit. |
| Source- Business Standard |
 Carlos Alvarado was sworn in as the new President of Costa Rica. Alvarado swept to victory against conservative Protestant singer Fabricio Alvarado Munoz. At 39, Alvarado is the country's youngest president in modern history. |
| Source- DD News |
 Israel withdrew from a race against Germany and Belgium for two seats on the United Nations Security Council in 2019-20. Israel, Germany and Belgium were competing for two seats allocated to the Western European and Others Group. Germany and Belgium are now running uncontested, but they still need to win more than two-thirds of the overall General Assembly vote to be elected. |
| Source- The Guardian |
 The National Small Industries Corporation Limited (NSIC) signed an MoU with Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2018-19. The MoU envisages provision of enhanced services by NSIC under its marketing, financial, technology and other support services schemes, for MSMEs in the country. The corporation projects to increase its total business by 21.30% from Rs. 22,258 crore in the year 2017-18 to Rs. 27,000 crore in the year 2018-19. |
| Source- ANI News |
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