Byju's Epic acquisition💼

Bharti Airtel 5G Plans Unveiled, 'I might pump, but I don't dump': Elon.

Hi 👋🏻,

Rise and Shine come in your inbox with curated tech and business news snippets to kick-start your day.

Sign up below for free 👇🏻

Let’s get started:

---

Airtel, Intel join hands to accelerate 5G network development🤝🏻

Bharti Airtel is collaborating with Intel for 5G network development by leveraging vRAN/O-RAN technologies. Notably, Airtel is conducting 5G trials in major cities and is the first telecom operator in India to demonstrate 5G over a live network.

Intel’s cutting-edge technologies and experience will contribute immensely to Airtel’s mission of serving India with world-class 5G services, says the telco.

Work by Intel and Airtel will evolve communications networks from fixed-function equipment to virtualized cloud-native deployments and enable edge-to-cloud communications, Intel said in a release.

---

Byju’s pays $500Mn for kids’ reading app📖

Edtech major Byju's has made its second-largest acquisition as it looks to make a big foray into the overseas market.

Byju’s acquired Epic, an online reading platform for kids, for $500 million in a cash-and-stock deal as India’s most valuable internet company takes steps to deepen its presence in the US and expand into other English-speaking markets.

Byju Raveendran

The edtech firm aims to invest around $1 billion in North America over the next couple of years.

In April this year, Byju's had announced a new product called Byju’s Future School that is available in the US, the UK, Brazil, Indonesia, and Mexico.

Since January 2020, Byju’s rival Unacademy has bought Handa Ka Funda, TapChief, NeoStencil, PrepLadder, Mastree, CodeChef, Coursavy, and Kreatryx.

---

Hot Shorts ⚡

• Instagram has started testing a new feature called 'Collab' in India and the United Kingdom that lets users invite another account as a collaborator on a post or a Reel.

• Ola Electric plans to sell its e-scooter directly to buyers, avoiding going down the traditional dealership network path, and that the Ola Series S electric scooter will be delivered straight to buyers’ homes.

---

Elon Musk says Tesla will “Most Likely” resume accepting 💲BTC.

Tesla CEO Elon Musk on Wednesday said he owns Bitcoin, Dogecoin, and Ethereum. Musk added that Tesla and SpaceX also own Bitcoin. 

"I might pump, but I don't dump," Musk said. "Outside of Tesla and SpaceX stock, it's my largest holding," Musk said.

Musk also made it clear he owns "far more" Bitcoin than Dogecoin or Ether. Elon Musk also added, "I am not selling any bitcoin, nor SpaceX or Tesla."

Bitcoin rose more than 8% to about $32,270 as of 12.00 a.m in New Delhi on Thursday. Other cryptos advanced too, including Ether and Dogecoin were also in the green.

---

Tweet of the day🐥

Morgan Housel @morganhousel

My favorite space stat is that NASA's New Horizons spacecraft passed Pluto in 2015 within one minute of what it predicted when it launched in 2006. Three billion miles, 99.99998% accurate.

---

📊Policybazaar parent PB Fintech has approved a resolution to raise Rs 6,500 crore, or $870 million, via an IPO.

🔺Zomato is expected to advance its listing date from July 27 to July 26 or as early as July 23.

---

The longer you keep compounding your good habits, the “luckier” you get in life.

---

Hit 💜, if you enjoyed the article, don’t forget to share it with your friends 🤗