translate
Loading...

CURRENT AFFAIRS DAILY DIGEST – 2025-03-19


Trump Shares PM Modi's Podcast With Lex Fridman On His Truth Social Platform

Trump Shares PM Modi's Podcast With Lex Fridman On His Truth Social Platform

Source : The Hindu , Date : 19Mar2025

Former U.S. President Donald Trump's social media platform, Truth Social, is preparing to be listed on the NASDAQ Stock Exchange soon.

Possible Questions:

  1. What is Truth Social?
  2. What is the NASDAQ Stock Exchange?
  3. Popular social media platforms in India and their founders
  4. Major stock exchanges in India and their headquarters
  5. Which companies are referred to as "Big Tech"?

What is Truth Social?

Truth Social is a social media platform launched by former U.S. President Donald Trump. It was launched in October 2021 and is operated by Trump Media & Technology Group (TMTG).

It claims to promote "free speech" and aims to provide a platform for those who feel that big companies like Facebook, Twitter (now X), and Instagram censor their views.

🔎 Key Features of Truth Social:

  • Interface similar to Twitter (Posts are called "Truths" and reposts are "Re-Truths")
  • More popular in the United States
  • Primarily considered a platform for conservative ideology
  • Available on iOS, Android apps, and website
  • Not very popular in India yet

🎯 Why was it created?

Donald Trump's Twitter account was permanently banned in 2021, after which he launched Truth Social as an alternative platform to oppose "Big Tech" censorship.

What is NASDAQ?

NASDAQ (National Association of Securities Dealers Automated Quotations) is a major stock exchange in the United States. It was the world's first electronic stock market, where all trading happens digitally — unlike the New York Stock Exchange (NYSE), where floor trading takes place.

🔎 Key Highlights of NASDAQ:

✅ Mostly technology and innovative companies are listed here.
✅ Entire trading is online and automated.
✅ It is the second-largest stock exchange in the world by market value (after NYSE).
✅ Started in 1971.
✅ Headquarters located in New York City, USA.

💻 Major Companies Listed on NASDAQ:

  • Apple 🍎
  • Microsoft 💻
  • Amazon 🛒
  • Google (Alphabet) 🔎
  • Meta (Facebook) 📱
  • Tesla 🚗
  • Netflix 🎬

For this reason, it is also known as a Tech-heavy index since most tech companies trade here.

📊 What does NASDAQ mean for investors?

When someone says "NASDAQ is up or down", it means tech companies are performing well or poorly.
It is measured by the "NASDAQ Composite Index", which reflects the average performance of around 3000 companies.

Popular Social Media Platforms in India and Their Founders:

Platform

Founder(s)

Country

Facebook (Meta)

Mark Zuckerberg

USA

WhatsApp

Jan Koum and Brian Acton

USA

Instagram

Kevin Systrom and Mike Krieger

USA

YouTube

Steve Chen, Chad Hurley, Jawed Karim

USA

Twitter (now X)

Jack Dorsey, Noah Glass, Biz Stone, Evan Williams

USA

Telegram

Pavel Durov

Russia


Made in India Social Media Platforms and Their Founders:

Platform

Founder(s)

Company/Country

Koo App

Aprameya Radhakrishna and Mayank Bidawatka

India

ShareChat

Ankush Sachdeva, Bhanu Singh, Farid Ahsan

India

Chingari

Sumit Ghosh and Biswatma Nayak

India

Moj

Ankush Sachdeva (developed by ShareChat)

India

Josh

Virendra Gupta and Umang Bedi (under DailyHunt)

India

Bonus Fact:

  • Moj and ShareChat belong to the same company — Mohalla Tech.
  • Josh App was created by DailyHunt.

Major Stock Exchanges in India and Their Headquarters:

Stock Exchange

Headquarters

Year Established

Key Highlights

BSE (Bombay Stock Exchange)

Mumbai, Maharashtra

1875

Asia’s oldest stock exchange

NSE (National Stock Exchange)

Mumbai, Maharashtra

1992

Largest stock exchange in India


🔎 1. BSE - Bombay Stock Exchange

  • Headquarters: Mumbai, Maharashtra
  • Index: Sensex (Top 30 companies)
  • Asia’s oldest and world’s fastest stock exchange
  • 6000+ companies listed

🔎 2. NSE - National Stock Exchange

  • Headquarters: Mumbai, Maharashtra
  • Index: NIFTY 50 (Top 50 companies)
  • Fully electronic and automated trading system
  • Highest trading volume in India

What is "Big Tech" and Which Companies Are Included?

"Big Tech" refers to the world’s largest technology companies that dominate the internet, social media, search, e-commerce, and tech industry.

🌐 Major Companies in "Big Tech":

Company

Core Products/Services

Headquarters

Google (Alphabet)

Search Engine, YouTube, Android, Ads

California, USA

Apple

iPhone, iPad, Mac, iOS

California, USA

Facebook (Meta)

Facebook, Instagram, WhatsApp, Threads

California, USA

Amazon

E-commerce, AWS Cloud, Alexa

Seattle, USA

Microsoft

Windows, Office, Azure, LinkedIn

Washington, USA

These are also known as "GAFAM":

👉 G - Google
👉 A - Apple
👉 F - Facebook (now Meta)
👉 A - Amazon
👉 M - Microsoft


🔥 Why is "Big Tech" Always in the News?

✅ They are multi-billion-dollar companies
✅ Huge control over global data and the internet
✅ Governments question them on issues like privacy, monopoly, and censorship
✅ They lead in emerging technologies like AI, Cloud, Social Media, and Metaverse


🎯 Impact Areas of Big Tech:

  • Social Media (Facebook, Instagram, WhatsApp)
  • Search Engine (Google)
  • Online Shopping (Amazon)
  • Mobile/Laptop (Apple, Microsoft)
  • Cloud Services (Amazon AWS, Microsoft Azure)

Topic Related Videos ⬇️

Video Thumbnail



Recent Current Affairs Videos

Watch Now!

WhatsApp