European semiconductor giant ASML forecasts a sales surge for 2023
  Author: Akshay Kedari

Dutch semiconductor company ASML has reportedly forecast a revenue jump for the year 2023 as the global semiconductor industry anticipates a reacceleration of growth during the second half of this year. ...


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Bosch expands security with dashcams designed for rideshare drivers
  Author: Nikita Chaurasia

Bosch, the German technology company, has reportedly expanded its security footprint in the ridesharing market with the launch of its latest security dashcams. At CES 2023, Las Ve...


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Tata Tele Business Services to offer Microsoft Azure to Indian SMBs
  Author: Nikita Chaurasia

Telecommunications service provider, TTBS (Tata Tele Business Services) has reportedly announced that it would help Indian SMBs (small and medium businesses) migrate their workloads to the cloud by providing Microsoft ...


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Booking.com and RateGain collaborate for seamless content distribution
  Author: Nikita Chaurasia

Renowned SaaS solutions provider for travel and hospitality, RateGain Travel Technologies Limited, has recently announced that its Content AI platform has formed a new and enhanced integration with the world's lead...


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U.S., EU to discuss AI road map at the trade and technology council
  Author: Nikita Chaurasia

The new roadmap will ensure that AI deployment is in line with free-market principles and shared democratic values The United States and the European Union are re...


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After Twitter, Meta plans to lay off thousands of employees: Reports
  Author: Akshay Kedari

American multinational technology conglomerate, Meta, the parent company of Facebook, is reportedly expected to lay off thousands of employees, stated some credible reports. At pr...


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Napier and IQ-EQ partner to provide leading AI compliance capabilities
  Author: Nikita Chaurasia

World leading end-to-end intelligent compliance platform, Napier has announced that IQ-EQ, a well-known investor services group, is reportedly updating its screening capabilities to AI-enhanced Client Screening from Na...


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Automakers to invest $1.2T to accelerate EVs & battery developments by 2030
  Author: Nikita Chaurasia

Leading automakers worldwide are reportedly planning to spend around $1.2 trillion through 2030 for developing and manufacturing millions of EVs (electric vehicles), along with raw materials and batteries that will sup...


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FZ Digital to offer automation & robotics tech to F&B industry in Singapore
  Author: Akshay Kedari

FZ Digital, a novel F&B technology solutions firm, is reportedly introducing its groundbreaking automation and robotics technology to Singapore’s F&B (food and beverage) industry. ...


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KIST develops new tech to treat wastewater for producing semiconductors
  Author: Akshay Kedari

Semiconductors or electronics undergo a manufacturing process where alcohol is used to remove impurities from their surfaces. The wastewater containing alcohol is then treated with the help of reverse ozone, osmosis, a...


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Meta struggles to build an interactive world for the metaverse future
  Author: Akshay Kedari

Facebook, now known as Meta, changed its name nearly a year ago to showcase its commitment to the metaverse future, which the social network giant continues to pursue by offering innovative features and virtual reality...


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IMDA unveils new job transformation map to upskill the current workforce
  Author: Akshay Kedari

Minister for Information and Communications in Singapore, Josephine Teo has reportedly unveiled the Job Transformation Map (JTM) for the I&C (Information and Communications) workforce at the 5G Learning Festival, f...


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Kavak invests $130M to expand its footprint in the Middle East
  Author: Nikita Chaurasia

Renowned Mexican firm that operates as an online marketplace for used cars, Kavak, has reportedly expanded its footprint to the UAE (United Arab Emirates), Saudi Arabia and Oman. ...


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Syntiant & Imagimob partner to build production-ready tinyML applications
  Author: Nikita Chaurasia

Imagimob, a leader in real-time artificial intelligence technology, has recently announced a partnership with Syntiant Corp, a well-known AI chip company, to deploy its tinyML platform with the latter’s ultra-low...


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ZeroAvia buys HyPoint to strengthen hydrogen fuel-cell technology offering
  Author: Nikita Chaurasia

British/American hydrogen-electric aircraft developer, ZeroAvia has wholly purchased HyPoint, a hydrogen fuel cell system provider, to strengthen its hydrogen-electric product portfolio. ...


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NLP Logix Partners and Databricks team up for Lakehouse Platform
  Author: Nikita Chaurasia

NLP Logix, a well-known predictive modeling and machine learning leader, has recently announced that it has entered into a partnership with Databricks, an American enterprise software company, to drive business value b...


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Elliptic Labs inks deal with Xiaomi to offer a proximity detection solution
  Author: Nikita Chaurasia

Elliptic Labs, a global AI software company, has reportedly entered into a new agreement with Xiaomi, one of the third-largest smartphone manufacturers across the globe. With this...


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L&T Technology Services partners with Qualcomm to amplify 5G adoption
  Author: Nikita Chaurasia

L&T Technology Services Limited has recently announced that it is teaming up with Qualcomm Technologies, Inc., the world’s leading wireless technology innovator. With th...


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Japan pushes innovations in 'deep tech' sector with solar cell technology
  Author: Nikita Chaurasia

Amid the most promising next-generation solar cell technology innovations, Enecoat Technologies, a provider of materials development services in Japan, is reportedly developing perovskite. ...


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TrueFoundry nabs $2.3M for technology team & product development expansion
  Author: Nikita Chaurasia

Machine learning developer platform, TrueFoundry has reportedly secured $2.3 million in a seed funding round. Apparently, the investment round was headed by Sequoia India and the Southeast Asian Surge programme. ...


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Brimbank Council's innovative 5G research project reaches new milestone
  Author: Nikita Chaurasia

Brimbank Council's groundbreaking research project based on 5G technology has reportedly achieved a new milestone with the AI (artificial intelligence) development to detect dumped rubbish and damaged road signs....


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BaseBS, Uniphore to deliver emerging technology to Vietnam’s CX Industry
  Author: Nikita Chaurasia

Vietnam-based consulting company, Base Business Solutions (BaseBS) has recently announced that it has collaborated with Uniphore, a leading automation company. With this collaboration, BaseBs will be able to strengthen...


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Nvidia chip restriction to not harm Chinese auto manufacturer, Nio
  Author: Nikita Chaurasia

Chinese multinational automobile manufacturer, Nio has recently stated that the U.S. restrictions on selling Nvidia chips to China will not affect its business in any way. Last we...


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Human drivers are not liable for mishaps by autonomous vehicles – UK Govt
  Author: Akshay Kedari

According to the country's new strategy for achieving a wider rollout of self-driving vehicles by 2025, manufacturers running self-driving vehicles in the UK would be liable for a vehicle's behavior when in aut...


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E-comm solutions provider Graas bags USD 40 Mn in Series A funding
  Author: Akshay Kedari

Singapore-based e-commerce enabler Graas has announced having received funding of USD 40 million in the Series A round. The investment was led by an array of South Asian and Indian investors from private equity, r...


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Amazon Inc. to acquire robotic vacuum maker iRobot for USD 1.7 billion
  Author: Nikita Chaurasia

Credible sources have recently cited that Amazon Inc. is steadily gearing up to acquire iRobot Corporation for USD 61 per share in an all-cash deal that would close the deal at a valuation of USD 1.7 billion as per cur...


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Swiggy’s moonlighting policy allows employees to take up external gigs
  Author: Akshay Kedari

Online food delivery behemoth Swiggy has reportedly established a moonlighting policy that enables its staff to work on external projects, although subject to internal clearance. According to the company...


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Robinhood shares surge 13% despite eliminating 23% of its employees
  Author: Nikita Chaurasia

Robinhood Markets, Inc. the trading app that popularized one-click transactions, is reportedly laying off nearly 23% of its employees. The company’s CEO Vlad Tenev claimed that the downsizing would affect staff m...


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Indonesia bans multiple online services for missing regulatory deadline
  Author: Nikita Chaurasia

The Indonesian government has reportedly banned access to a series of digital platforms, including PayPal Holdings Inc., Steam, Epic Games Inc., and Yahoo Inc., for failing to comply with the country's new mandate ...


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Spotify reports 19% increase in monthly active users since last quarter
  Author: Nikita Chaurasia

Music streaming major Spotify's monthly active users (MAU) has reached 433 million while the number of premium customers rose to 188 million in the second quarter. This compared to the 182 million and 422 million f...


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China’s BYD planning to enter South Korea’s electric vehicle market
  Author: Akshay Kedari

The world's largest manufacturer of electric vehicles, BYD Auto. Co. Ltd., is reportedly preparing for EV sales in the South Korean market, competing against the likes of Hyundai Motor Group, the nation's large...


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Samsung planning to launch new foldable phones in August this year
  Author: Nikita Chaurasia

According to recent tech reports, Samsung Electronics Co. Ltd is slated to unveil its range of new foldable phones via an online event that will be held on its official website on August 10. ...


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Sony developing autonomous driving sensors that consume 70% less power
  Author: Akshay Kedari

The company is likely to employ these sensors in the Sony-Honda JV electric vehicles. These sensors incorporate image recognition and radar techn...


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Apple to slow down spending & hiring over possible economic slump
  Author: Nikita Chaurasia

Even Tesla Inc. and Meta Platforms have announced plans in reducing hiring and investment. Apple's iPhones continue to be among the most sold...


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Indian central bank likely to ban cryptocurrencies with global support
  Author: Akshay Kedari

The Reserve Bank of India is reportedly planning to forbid cryptocurrencies from its financial structure due to concerns about the destabilizing effect these virtual assets may have on the nation's economic prosper...


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Telecommunications behemoth SKT to launch air taxi service by 2025
  Author: Nikita Chaurasia

South Korea’s leading telecom company SK Telecom has announced plans to launch an air taxi service by the year 2025, describing Urban Air Mobility (UAM) as a game changer for upcoming advancements in mobility acr...


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Fintech start-up OneCard becomes unicorn post USD 100 Mn fresh funding
  Author: Nikita Chaurasia

Pune-based fintech firm FPL Technologies, a credit card provider that operates under the brand name OneCard, has reportedly raised USD 100 million in a Series D funding round. With the latest fundraising, the firm is n...


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Hyundai Motor Company to build its first South Korean EV factory
  Author: Nikita Chaurasia

Hyundai Motor Company has recently released a statement claiming that it would soon direct its efforts toward building South Korea’s first electric vehicle (EV) factory, marking its first automobile plant in the ...


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Qualcomm, Ericsson, Thales to test 5G networking strength in space
  Author: Nikita Chaurasia

Reliable sources claimed that French multinational aerospace giant Thales Group, Ericsson, and Qualcomm Inc., have joined forces to develop a satellite driven 5G network to improve terrestrial connectivity. ...


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Meta’s AI-based translation tool can interpret around 200 languages
  Author: Akshay Kedari

According to the artificial intelligence researchers at Facebook’s parent company, Meta has taken a step forward towards achieving its science-fiction dream of automated universal translation. ...


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WeWork India rectifies glitch that revealed visitors’ personal data
  Author: Nikita Chaurasia

WeWork Inc., a flexible workspace solutions company, has reportedly corrected a security flaw that gave unrestrained access to the personal details and selfies of several users who visited its coworking spaces. ...


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Instagram users can now delete their accounts on all Apple devices
  Author: Akshay Kedari

To comply with Apple’s App Store guidelines, popular social media platform Instagram has now added account deletion support to iOS devices. The iPhone maker's store policy notably instructs that all apps that...


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Walmart to double down on frictionless optical care with Memomi buyout
  Author: Nikita Chaurasia

Walmart Inc. is reportedly planning to acquire the augmented reality optical tech firm Memomi, reflecting the retailer’s commitment to offering frictionless and omnichannel optical care. The buyout could potentia...


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Around 2,900 Ford Lightning pickups recalled over software-linked issue
  Author: Akshay Kedari

The recall covers 220 units of the electric pickup trucks in Canada and 2,666 units in the US. Ford has refused to accept any more orders and dec...


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Ericsson predicts 5G mobile subscriptions to surpass 1 billion in 2022
  Author: Nikita Chaurasia

Swedish telecom and networking giant Telefonaktiebolaget LM Ericsson has reportedly predicted that by 2022 there will be over 1 billion 5G mobile subscriptions worldwide, primarily ascribed to the mounting adoption of ...


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U.K. seeking USD 935 million in damages from Apple for unfair practices
  Author: Akshay Kedari

Apple Inc. is reportedly facing a class-action lawsuit in the United Kingdom, which is seeking USD 938 million in damages, accusing the tech giant of mishandling its market dominance. ...


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U.K. seeking USD 935 million in damages from Apple for unfair practices
  Author: Akshay Kedari

Apple Inc. is reportedly facing a class-action lawsuit in the United Kingdom, which is seeking USD 938 million in damages, accusing the tech giant of mishandling its market dominance. ...


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Google, Twitter, Facebook compelled to tackle deepfakes or face fines
  Author: Akshay Kedari

Credible sources have claimed that Facebook Inc., Twitter Inc., and Google LLC have been forced to address deepfakes and fake accounts on their platforms or pay heavy fines as per the updated mandate from the European ...


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South Korea’s LG Uplus to unveil conversational AI voice bot this year
  Author: Nikita Chaurasia

In a bid to explore more commercial uses of artificial intelligence, South Korean telecommunication operator LG Uplus Corporation is reportedly planning to introduce a conversational AI voice bot for mom-and-pop stores...


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EU to mandate USB Type-C charging solution for all devices by 2024
  Author: Akshay Kedari

Co-legislators of the European Union have reportedly reached a provisional agreement on common charging solutions for a total of 15 different device categories including laptops, smartphones, tablets, and other medium ...


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eBikeGo partners with Log 9 to launch 10mins super-fast charging tech
  Author: Akshay Kedari

eBikeGo, India's largest electric two-wheeler commuting platform, has teamed with Log9 Materials, a Bengaluru-based advanced battery technology start-up, to develop a 10-minute instant technology for the Velocipedo...


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Amazon Smart Commerce to digitize 10 million small businesses in India
  Author: Akshay Kedari

E-commerce behemoth Amazon Inc. has reportedly launched a “Smart Commerce” initiative in India, aiming to digitalize 10 million small businesses, allow for USD 10 billion worth in exports, and create 2 mill...


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Grocery delivery platform Instacart files for U.S. stock market debut
  Author: Nikita Chaurasia

Instacart, a grocery delivery service, has announced that it has submitted a provisional registration statement with the Securities and Exchange Commission (SEC), clearing the way for the company to list its shares on ...


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Berlin’s GetHenry bags USD 17.4 Mn seed funding for business expansion
  Author: Akshay Kedari

GetHenry, a Berlin-based company that offers couriers and logistics organizations electric last-mile delivery bikes, has reportedly raised USD 17.4 million seed round to grow its operations across Europe. The latest in...


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EU likely to enforce new rules to regulate tech giants in spring 2023
  Author: Nikita Chaurasia

The Executive Vice President of the European Commission Margrethe Vestager reportedly claimed that the union is likely to start enforcing the Digital Markets Act (DMA) in the spring of 2023. The antitrust legislation, ...


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Ferrari to equip the upcoming Purosangue with its trademark V12 engine
  Author: Akshay Kedari

Italian luxury sports car manufacturer Ferrari S.p.A. will equip its much-awaited Purosangue SUV with a 12-cylinder engine, as it focused more on fuel-efficient models. Confirming the news, Ferrari Chief Executive Bene...


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Mercedes-Benz announces price hike to offset costs amidst high demand
  Author: Nikita Chaurasia

Mercedes-Benz Group AG is reportedly expecting high demand for luxury cars to offset transport and raw material costs with elevated prices as well as estimating a pick-up in deliveries once the semiconductor chips shor...


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Rolls-Royce likely to get U.K. approval for its mini nuclear reactor
  Author: Akshay Kedari

Rolls-Royce has reportedly fabricated a mini nuclear reactor for which it is hoping to get complete authorization from the U.K. by 2024. According to the chairman of Rolls-Royce Small Modular Reactors, Paul Stein, this...


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New York Police Department adds Ford Mustang Mach-E GT to its EV fleet
  Author: Akshay Kedari

The NYPD has also ordered over 200 Tesla Model 3 vehicles to add to its EV fleet. The city plans to install 10 high-speed EV chargers in LaGuardia...


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Cruise adds another Walmart store for its self-driving delivery pilot
  Author: Akshay Kedari

General Motors-owned self-driving car company Cruise is reportedly expanding its autonomous driving delivery pilot program with Walmart in Arizona. The firm will be now offering limited deliveries for the Chandler cust...


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Honda to roll out 30 EV models by 2030 for its electrification push
  Author: Nikita Chaurasia

Honda Motor Co. has announced that it will launch 30 electric car models by 2030, with a production volume of over 2 million vehicles annually. Over the next ten years, the Japanese...


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Japanese battery startup 3DOM to use Geely’s products for its EV fleet
  Author: Nikita Chaurasia

3DOM Inc., a Japanese battery start-up, has announced the launch of its B2B fleet service with the help of electric vehicles that would be supplied by China's Geely Holding Group, further helping companies reduce t...


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Google testing its Play Store’s billing options starting with Spotify
  Author: Nikita Chaurasia

Google has announced that it will allow Spotify, a Swedish audio streaming and media services provider, to use its billing method in its Android app, in a new trial program that seeks to alleviate concerns about allege...


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Robinhood launches new debit card to reinforce its financial footprint
  Author: Akshay Kedari

American financial service firm Robinhood Markets Inc. has reportedly launched a new debit card on Tuesday that will allow users to invest any spare change as it seeks to grow beyond trading, into other consumer-centri...


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Google Domains is now available in 26 countries after 7 years in beta
  Author: Nikita Chaurasia

Google has announced that Google Domain is no longer in development and will no longer bear the beta label seven years after its launch. In contrast to the lightning-fast rollouts of its other products, this service wa...


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Ford to sell Explorers without chips as semiconductor crisis continues
  Author: Nikita Chaurasia

Ford Motor Company is reportedly planning to sell some of its Explorer SUVs without the chips that are customarily used for power rear heating and air conditioning controls. The automaker will dispatch the absent chips...


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Automovill planning to establish 500 EV charging stations across India
  Author: Nikita Chaurasia

According to reliable sources, Automovill Technologies Pvt. Ltd. is reportedly planning to establish more than 500 electric vehicle charging stations across 11 cities in India, which will meet the requirements of Level...


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Marriot establishes a research & development lab to promote innovation
  Author: Akshay Kedari

Hospitality behemoth Marriott International Inc. has reportedly established a research and development lab called the “Design Lab” to strengthen and optimize the rollout of its current product offerings....


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AIMMO bags USD 12 million to develop faster data labeling technology
  Author: Akshay Kedari

AIMMO, a Korean firm that labels and categorizes image, video, sound, text, and sensor fusion data with software and humans, recently announced that it bagged USD 12 million in a Series A funding round to enhance its A...


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Tesla under probe from NHTSA for its “Passenger Play” gaming feature
  Author: Akshay Kedari

Tesla Inc.’s choice to offer games feature on the front center touchscreen has compelled the U.S. auto safety regulators to begin an official safety probe into 580,000 company vehicles deployed since 2017. ...


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Gravity brings Ford’s Mustang Mach-E to join New York City’s taxi fleet
  Author: Akshay Kedari

Gravity, a company that specializes in EV fleets and charging infrastructure, has reportedly brought the popular Ford Mustang Mach-E to join New York City’s iconic yellow taxi fleet. This is the first time Ford&r...


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Korean online grocery startup Kurly raises USD 210 Mn in pre-IPO round
  Author: Akshay Kedari

Kurly, a Korea-based online grocery startup has reportedly secured USD 210 million in a pre-IPO round, just six months after its Series F funding. The latest round comprised only a ...


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Self-driving truck company Aurora launches test run with Uber Freight
  Author: Akshay Kedari

Aurora's autonomous trucks are reportedly transporting items for Uber Freight customers in Texas as a part of their multiphase commercial trial aimed at bringing the two firms closer. ...


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Netflix India cuts subscription plan fees by 60% in expansion efforts
  Author: Akshay Kedari

Netflix India has reportedly slashed the rates of all four of its subscription plans in India. The move comes amidst growing competition in the OTT space and to increase the user base in a country where a significant c...


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BMW partners with Global Foundries, Inova for hassle-free chip supply
  Author: Akshay Kedari

BMW has reportedly signed a direct supply assurance agreement with several chip suppliers, including feature-rich semiconductor producer GlobalFoundries, and high-tech chip developer Inova semiconductors. ...


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BYJU’S acquires Austrian EdTech startup GeoGebra for USD 100 million
  Author: Akshay Kedari

World’s most valuable EdTech company BYJU’S has reportedly acquired Austria-based startup GeoGebra for USD 100 million. GeoGebra offers dynamic, interactive, and collabo...


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Foxconn, Stellantis partner to design flexible chips for auto industry
  Author: Akshay Kedari

Multinational automotive giant Stellantis N.V. has reportedly teamed up with iPhone-assembler Foxconn Technology Group to design and sell semiconductors to sustain the needs of the car manufacturer amidst the global ch...


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Vingroup’s automotive arm eyeing to go public in the U.S. by late 2022
  Author: Akshay Kedari

Vinfast intends to secure around USD 3 billion, aiming for a post-IPO valuation of at least USD 60 billion. Vingroup’s automotive arm is now ...


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Qualcomm introduces G3x Gen1 chip for next-gen handheld gaming devices
  Author: Akshay Kedari

Qualcomm Inc. has recently released a new chip that is designed exclusively for gaming-specific handheld devices that provide 5G connectivity. It will be a potential mobile platform for video gamers with extended versa...


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Twitch launches ‘Suspicious User Detection’ tool to track ban evaders
  Author: Akshay Kedari

Twitch is reportedly stepping up its efforts to curtail harassment, with a new tool powered by machine learning to identify people who could be trying to avoid bans. It is the company’s most recent addition for d...


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Samsung to supply new auto chips for Volkswagen’s infotainment system
  Author: Nikita Chaurasia

South Korean electronics major Samsung Electronics Co. Ltd. will supply advanced auto chips to Volkswagen AG. The new chips will be integrated in the German automotive giant’s upcoming infotainment system which i...


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Motorway obtains unicorn status following a USD 190 Mn Series C funding
  Author: Akshay Kedari

U.K-based secondhand car auction platform Motorway has reportedly secured USD 190 million in Series C funding round. This has allowed the startup to acquire a unicorn status, with a total valuation of more than USD 1 b...


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Spotify found testing TikTok-style short vertical video feed in its app
  Author: Akshay Kedari

Spotify is reportedly testing a TikTok-style vertical video feature in its popular music streaming app.  The option will allow users to scroll through the vertical music videos as well as either like them or skip ...


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Pokémon GO creator Niantic raises USD 300 Mn to build its own metaverse
  Author: Akshay Kedari

Niantic, the creator of the popular Pokémon GO, has reportedly raised USD 300 million from global investment manager Caotue at a valuation of USD 9 billion. The San Francisco-based AR game developer will use the...


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Lockheed Martin, STEM Punks partner for future space workforce growth
  Author: Akshay Kedari

Lockheed Martin Australia (LMA) is reportedly partnering with the STEM education provider STEM Punks, to provide the Australian Defense Force with advanced military satellite communication (MILSATCOM) solutions. ...


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Peloton sues rival firms iFit and Echelon for patent infringement
  Author: Nikita Chaurasia

U.S.-based exercise equipment and media company Peloton Interactive Inc. has reportedly filed lawsuits against its rivals Echelon Fitness and iFit, claiming that they violated patents related to its on-demand classes....


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Apple’s digital ID card plan could be funded through states, taxpayers
  Author: Nikita Chaurasia

Apple is reportedly working on allowing users in participating states to digitally store their state IDs  or driver’s licenses on their iPhone wallet. However, the multibillion-dollar company will partially ...


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South Korea demonstrates systems for urban air mobility management
  Author: Nikita Chaurasia

South Korea has reportedly tested methods for operating urban air mobility (UAM) vehicles, which it aims to use for taxis that will fly between downtown Seoul and major airports as early as 2025. ...


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Qualcomm introduces Snapdragon Spaces XR for head-worn AR experiences
  Author: Akshay Kedari

Qualcomm recently introduced the Snapdragon Spaces XR Developer Platform, a head-worn augmented reality developer toolkit, that will aid in expanding the scope of existing apps as well as the development of new ones th...


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Netflix starts testing Tik-Tok style short video feature for kids
  Author: Akshay Kedari

Netflix is reportedly testing its new feature called ‘Kids Clips’ which will play short video clips from existing movies and shows in the kids content library. These videos will be updated automatically as ...


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World Bank's IFC, South African firm partner for digital expansion
  Author: Akshay Kedari

The World Bank’s International Finance Corporation (IFC) has reportedly teamed with South Africa tech company Liquid Intelligent Technologies to enhance data center capacity and lay fiber-optic cable across Afric...


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Over 43 million investors’ data exposed in CVL security breach: Report
  Author: Nikita Chaurasia

CDSL Ventures Ltd. (CVL), a subsidiary of India’s leading Demat services provider Central Depository Services Limited (CDSL), greatly suffered from a vulnerability in its systems that exposed personal and financi...


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Chinese HR tech startup Moka raises USD 100 million in Series C funding
  Author: Akshay Kedari

Chinese Human Resources technology startup Moka has reportedly secured USD 100 million in Series C funding round. The recent fundraising was led by Tiger Global and also saw participation from Blue Lake Capital, GL Ven...


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Apple’s privacy policy cost social media platforms USD 10 Bn: Report
  Author: Akshay Kedari

Apple’s changes to its privacy policy has cost social media platforms like Snapchat, Twitter, Facebook, and YouTube nearly USD 9.85 billion in revenue, according to a report published by the Financial Times. ...


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Facebook to invest heavily in metaverse after its ad business slumped
  Author: Akshay Kedari

Facebook recently announced that it is planning to separate its division that is focused on VR/AR hardware into a new segment, coined as the “metaverse”. The recent development comes after concerns over soc...


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Mark Zuckerberg planning to rebrand Facebook to reflect metaverse focus
  Author: Akshay Kedari

There have been many businesses that have rebranded themselves to alter their identity with time. Following the league, social networking giant Facebook is also reportedly planning to rebrand the firm with a new name....


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Apple unveils 16-inch MacBook Pro with high-performance M1 processors
  Author: Nikita Chaurasia

Tech giant Apple, Inc. has recently unveiled the 16-inch MacBook Pro, which promises extraordinary design and performance. The model can be customized with the all-new M1 Pro and M1 Max processors.   ...


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Apple’s iPhone 13 production may take a hit due to global chip shortage
  Author: Akshay Kedari

Apple Inc. is likely to cut down production of its iPhone 13 model by approximately 10 million units on account of the global chip shortage. The American multinational technology company was previously expected to manu...


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Facebook Pages to reduce focus on Likes and followers for Indian users
  Author: Nikita Chaurasia

Facebook Inc. has reportedly removed Likes from Facebook Pages for its Indian users to make the platform more user-friendly and easier to understand. This redesign of Facebook Pages was launched in January 2021 and has...


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Israel's GoTo Global acquires German e-moped sharing platform emmy
  Author: Akshay Kedari

Israel-based multimodal vehicle sharing services provider GoTo Global Mobility Ltd. has reportedly acquired Germany’s shared e-scooter company emmy. The acquisition will allow GoTo Global to enter the German mark...


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