Steve Jobs revealed the first iPhone to the world more than 15 years ago. Smartphones were uncomfortable devices with a split keypad and screen prior to the release of the iPhone. Due to the inability of entire websites to work on mobile devices, businesses were compelled to develop fragile mobile versions of their websites. The iPhone completely altered everything.

Since its introduction, the phone series has become extremely well-liked, and the first iPhone was named “Invention of the Year” in 2007.

Unbelievably, the first iPhone, commonly known as the iPhone 2G, sold at auction on Sunday for $39,339.60 (Rs 32.3 lakh), or 60 times its original price.

According to a claim that was posted on Moneycontrol, the unopened phone is reported to be in good condition and has 4/8 GB of storage, a 2.0 MP back camera, and a touch screen. The phone is flawless, has never been turned on, and is in like-new condition, claims the specified auction company.

They continued by saying that it would be challenging for buyers and collectors to find a comparable, more valuable collectible.

The cost at the time of its initial release ranged from $499 to $599. (Rs 41,048 – Rs 49,165). Steve Jobs, a co-founder of Apple, unveiled the iPhone to the world in 2007. In September 2022, Apple introduced the newest model in the lineup, the iPhone 14. The cost of the most recent model ranges from $799 to $1,099. It has features including a 128GB capacity with 6GB of RAM, 256GB capacity with 6GB of RAM, and 512GB capacity with 6GB of RAM.

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The mementos presented to Prime Minister Narendra Modi has all eyes and ears right now. The gifts are on display at the exhibition at the National Gallery of Modern Art in New Delhi on Friday. Although, the exhibition was inaugurated today but will be fully open for the public from September 17 to October 2.

Moreover, a model statue of Netaji Subhas Chandra Bose made by sculptor Arun Yogiraj and the sporting memorabilia of the Commonwealth Games medalists gifted to Prime Minister Narendra Modi are among the 1,200 items which will be auctioned starting from Saturday.

Yogiraj, along with a group of artisans, has sculpted the massive 28 feet statue of Netaji, which was recently unveiled by PM Modi at India Gate. Furthermore, he had also gifted the PM a model statue of Bose in April.

The sporting memorabilia gifted to the Prime Minister by numerous sportspersons will also be a part of the auction. A ministry official has claimed that 25 new sporting memorabilia will be part of the auction.

The auction will be taking place through a web portal pmmementos.gov.in and it will be concluded on October 2. However, some of the gifts are on display at the National Gallery of Modern Art.

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India’s auction of 5G spectrum ended today. The auction went on for seven days. At the end of it, spectrum worth Rs 1,50,173 crore was sold as stated by sources. 

Sources also informed that while the provisional figure for the sale proceeds is Rs 1,50,173 crore, the final numbers are still being tallied. 

The bidders in the India’s biggest ever auction included Reliance Jio, Bharti Airtel, Vodafone Idea, and Gautam Adani’s Adani Data Networks. 

Sources asserted that the 1,800 Mhz frequencies saw an intense bidding by Reliance Jio and Bharti Airtel. The intense bidding occurred for the mentioned frequencies, mainly for the UP East Circle. 

The UP East circle comprises of almost 10 crore mobile subscribers. Thus the two rival telecommunication companies fought fiercely for the airwaves in that region. 

The 38th round of bidding for the 5G spectrum happened today. 

The 5G auction emphasizes that India has entered an intense growth phase and the industry is about to experience expansion. The Telecom Minister Ashwini Vaishnaw expressed this earlier. 

5G or the 5th Generation would facilitate many awaiting solutions. Starting from e-health, connected vehicles, immersive AR (augmented reality) to metaverse experiences, an upgrade to 5G is going to revolutionize the Telecom industry as well as communication experience for the mass. 

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In the ongoing 5G spectrum auctions, after 30 rounds of bidding, the government has so far received bids worth Rs 1,49,967 crores. On Saturday, which was day 5 of auctions, seven rounds were conducted, in which the Department of Telecom submitted bids totaling Rs 112 crore (DoT). Monday, August 1st, sees the continuation of the auction. The bid process has already gone through seven rounds.

On Friday, there was heated bidding for the 1800 Mhz band in Uttar Pradesh (East), with the price per unit climbing by 49 percent to Rs 135.60 crore. Analysts estimate that Reliance Jio spent 84,000 crores on the spectrum, compared to Bharti Airtel’s 46,000 crores and Vi’s 18,500 crores.

after a busy opening day on Tuesday, when bids worth Rs. 1.45 lakh crore were made. The estimated value of the 72 GHz accessible spectrum is at least Rs 4.3 lakh crore. There are currently auctions for spectrum in the low frequency 600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, and 2500 MHz, mid-frequency 3300 MHz, and high frequency 26 GHz bands.

Union Telecom Minister Ashwini Vaishnaw said that Rollouts of 5G are anticipated to begin by October 2022, and India will have a sizable amount of 5G coverage in 2 years.

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The IPL broadcast and digital media rights were sold for INR. INR 57.5 Cr per match and INR 48 Cr per match and reportedly, Sony wins the media rights auction.

The highly awaited annual match IPL 2023 had four bidders including Viacom18, Disney Star, Zee and Sony.

However, the auction went online starting from June 12 for media rights, starting from 2023 to 2027.

However the winning entity is yet to be announced besides the netizens are stuck on several reports which says, Song Pictures have won the rights for next 5 years of IPL.

The netizens assumed Sony Pictures would win and started celebrating it while sharing some early IPL matches broadcast by Sony Pictures.

But still, many users aren’t convinced with the rumours as they’re waiting for the official news as because, today is Day 2 of the auction and results are awaited.

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As per the recent news floating around the internet, it claimed that the Michael Jordan’s sneakers, plus an ultra-rare trading card from his career were up for auction by Christie’s in June. This game-worn sneaker was called the “Six Rings Legacy of The GOAT”. This was announced on Monday afternoon by Christie. We can say that this might be the most extraordinary auction event that has ever happened.

As per the sources, this was the first pair when the Jordan adventure began in 1985. This is where it all started for the “Jordan Ones”. So, in a sense, this is the founding father of the sneaker collecting world and society. This pair is in excellent shape and is an authentic pair. On the other hand, Jordan’s trading cards are projected to sell for $2-3 million. What’s fascinating about this card is that it’s practically a unicorn among card collectors. It’s an original 1985-86 [season] Fleer rookie card of Michael Jordan.

Some of the sources suggest that the anticipated selling price of the rookie card, which is the most amazing aspect of the Christie’s event, is the thought of five pairs of Jordan-worn sneakers in the same place. If the Jordan card sells for more than Christie’s estimate, it will be among the most valuable sports cards ever. The auction will last two weeks, from June 1 to 14, and the objects are expected to bring about $4 million.

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