Javier Olivan Taking Over As The Meta New Chief Operating Officer
Javier Olivan, the current chief growth officer at Meta Platforms, will take over as the company’s chief operating officer after Sheryl Sandberg stepped down from the post. Olivan has been with Meta, formerly known as Facebook, for several years, contributing to its explosive expansion.
World Bicycle Day 2022 observed on 3rd June
World Bicycle Day is marked on 3rd June every year to recognise bicycling as a way to get a sustainable form of travelling that also ensures one’s physical well being. The day celebrates the tradition of cycling and its significant role in keeping our health fit. Cycling is a multidimensional exercise with numerous health benefits.
US Frontier Overtakes Japan’s Fugaku As World’s Most Powerful Supercomputer
According to the 59th edition of the Top500 list of the world’s most powerful supercomputers unveiled by Germany, ORNL’s Supercomputer Frontier from the US, a supercomputer built using Hewlett Packard Enterprise (HPE) architecture and equipped with Advanced Micro Devices (AMD) processors, outperformed Japan’s Supercomputer Fugaku to become the world’s fastest supercomputer.
One Belt One Road: Purpose and Importance of OBOR
One Belt One Road or OBOR is an initiative of global infrastructure development strategy by the Chinese government in 2013. This initiative was also included in the constitution of China in 2017. The ‘Belt’ refers to the ‘Silk Road Economic Belt, which is a series of routes of the silk roads of the late middle ages. The ‘Road’ refers to the sea routes and the 21st-century Maritime silk road.
Former SBI MD Ashwani Bhatia takes charge as whole-time member at SEBI
Ashwani Bhatia has taken charge as a whole-time member (WTM) at the market regulator Securities and Exchange Board of India (Sebi). Bhatia was previously the managing director of the state-owned State Bank of India (SBI). After Bhatia’s joining, Sebi now has three WTMs. The government is yet to appoint the fourth member. The market regulator functioned with just two WTMs for the past seven months after Sebi’s current chairperson Madhabi Puri Buch’s tenure as WTM ended on October 4, 2021, and G. Mahalingam demitted office on November 8, 2021
Punjab Government To Start e-Stamp Instead Of Paper Stamp
The Punjab government has decided to abolish the physical stamp papers in an attempt to bring efficiency and check the pilferage of State revenue. Punjab Revenue Minister Bram Shanker Jimpa launched the ‘e-stamp facility’ here. Following this, stamp paper of any denomination can now be obtained via ‘e-stamp’, which includes computerised print-out from any stamp vendor or from banks authorised by the State government.
Sachin Tendulkar to continue as UNICEF’s Goodwill Ambassador for 20th year
Sachin Tendulkar will continue as United Nations Children’s Fund (UNICEF) ‘Goodwill Ambassador’ for a record 20th year, working for the welfare of underprivileged children. The iconic cricketer has been associated with UNICEF for a long for various causes. In his almost two-decade-long partnership with UNICEF, he has been vital in furthering the campaigns, especially the ones aimed at providing a better future for underprivileged children.