- India's largest edtech startup, Byju's, and its founder Byju Raveendran, are under investigation by the Enforcement Directorate (ED), the country's crime-fighting agency.According to the ED, the agency conducted searches at three premises of Byju's and seized various "incriminating" documents
- Global smartphone shipments declined by 14.6% YoY to 268.6 million units in Q1 2023, marking the seventh consecutive quarter of decline, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.Although the figure is higher than IDC's…
- Zipline, the drone delivery startup that specializes in medical supplies and blood, is now valued at $4.2 billion after raising $330 million in a Series F funding round. retaThe company, based in South San Francisco, was able to raise the funds despite a lack of higher valuations for
- The Japanese government has announced it is providing subsidies, amounting to as much as $1.8 billion, to fund several storage battery and chip-related projects in the country. This move which is part of the country's efforts to increase supply chain security of battery storage and promote green
- South Korean electronics giant Samsung’s operating profit plunged in the first quarter as prices for its memory chips continued to fall and demand remained weak.The company reported an operating profit of 640 billion Korean won (roughly $478.55 million), down from 14.12 trillion won ($11 billion)
- It might surprise you to know that although Apple's flagship brand – the iPhone – can only boast of a small portion of Nigeria's smartphone market (with less than 10% as of 2021), a large number of people in the country and across Africa own an
- Sun King, an off-grid energy company, has acquired PayGo Energy, a pay-as-you-go technology innovator for clean cooking, to help families in Africa and Asia shift from wood and charcoal cookstoves to cleaner and safer alternatives.Sun King aims to develop a range of clean cooking products that will…
- Have you heard about the latest operating system from Microsoft? It's called Windows 11 and it comes with a modern and sleek user interface, improved performance, and enhanced security features.Windows 11 has a lot of new features that make it a compelling upgrade from its predecessor. It
- Bitcoin, the world's most popular cryptocurrency, is on the rise once again after experiencing a prolonged slump and Kenya wants to tap from this rise.Kenya has just announced new regulations that require cryptocurrency exchanges to pay a 1.5% duty on commissions they receive from the over
- Are you concerned about your children's online safety or looking to reduce your own online distractions? Perhaps you've found yourself spending too much time on a website that you don't feel is appropriate or healthy for you. If so, enabling parental controls and blocking
- Malaysia's sovereign wealth fund Khazanah Nasional has become a part of a group of distinguished investors in e-commerce-focused logistics firm Xpressbees after it picked up about a 3% stake in the company through a secondary purchase from its early investor Elevation Capital.The 3% stake buy-in…
- A Court in Texas has ordered the chief executive of a South African crypto firm Cornelius Johannes Steynberg to pay a record-breaking $3.4 billion in a bitcoin fraud case, the largest-ever such case in the US, according to the Commodity Futures Trading Commission (CFTC).The federal judge ruled that
- Technology is gradually becoming the gateway to exploring the world. Its professions are providing endless possibilities, sustainable means of income and a wide learning experience as it evolves.There are so many in-demand tech careers to choose from but today, we are narrowing it to five in-demand…
- Content marketing is a great tech skill that allows you to productively create and market content ideas and projects to a vast audience around the world.Content marketing has emerged as one of the most effective ways for businesses to engage with their target audience and build brand awareness. It
- Infosys, an Indian IT services company, has entered into a partnership with U.S.- based Walmart Commerce Technologies to help retailers in India enhance their customer and store employee experiences through technology solutions. According to the press release by the company, the partnership will…
- South African fintech incubator, 42Markets has received $10 million in growth funding from Convergence Partners Digital Infrastructure Fund (CPDIF), an investment group that focuses on digital infrastructure in Africa.42Markets provides incubation services to specialist fintech businesses and…
- Facebook parent Meta has posted an unexpected increase in revenue for the first quarter after three straight periods of decline in its first quarter 2023 results. Revenue marked an increase of 3% year-over-year and 6% year-over-year on a constant currency basis to reach $28.65 billion from $27.9…
- WePlay Ventures, a gaming venture capital firm based in Istanbul, has launched what it claims to be the largest game acceleration program in Europe.The three-month program will offer early-stage gaming studios that develop games for mobile, PC, console, and Web3 platforms in Europe, Central Asia,…
- Investing in Innovation Africa (i3), a pan-African initiative backed by the Bill & Melinda Gates Foundation has announced its second call for applications to support early- and growth-stage health tech innovators working in African healthcare supply chains.i3 connects African-led supply chain…
- A Brazilian court has ordered the countrywide suspension of messaging app Telegram after its parent company failed to provide data sought by authorities on neo-Nazis operating on the platform, per Reuters.Telegram which brands itself as a messaging app focused on speed and privacy chat end-to-end…
- Dubai-based Everdome, the hyper-realistic metaverse project, has announced that GEM Digital Limited, a Bahamas-based digital asset investment firm, will increase its investment commitment from $10 million to $60 million.The investment will be used to build on Everdome's foundations, focusing on…
- Silicon Valley-based cloud storage provider Dropbox Inc. has announced a 16% reduction to its global workforce amid slowing cloud growth, and instead, hiring new talent to build its AI offerings as it looks to shift its focus towards AI technology.The job cut will result in up to 500 employees
- Have you ever been in a situation where you need to send an important email, but you're not sure if the recipient is available to read it? Or maybe you want to send a message at a specific time, but you know you'll be busy when
- Tech Nation, the UK government-backed organization that supports the country's tech ecosystem, has been acquired by Founders Group (FF Group), a London-based network of entrepreneurs, accelerators, and investment firms.Tech Nation had been overseeing Global Talent visa applications as the endorsing…
- Clara, a spend management company based in Mexico, has secured $60 million in equity in a round led by GGV Capital. As part of the new investment, GGV Capital managing director Hans Tung will join Clara’s board of directors.The new $60 million investment is an extension of
- Workstation shipments in Europe, the Middle East, and Africa (EMEA) saw a sharp decline in the second half of 2022 amid widespread business uncertainty, according to a report by International Data Corporation (IDC).However, the market is expected to rebound strongly by the end of 2023 as demand…
- Alphabet, Google's parent has reported slowing revenue and profit growth again in its released financial earnings report for the first quarter of 2023.While revenue rose to $69.8 billion, a 3% YoY increase from last year’s $68 billion, it was a QoQ slowdown from $76.
- According to a recent report by the International Data Corporation (IDC), the Middle East and Africa (MEA) region is expected to spend $30.3 billion on IT and business services in 2023, a 5.0% increase from the $28.9 billion spent in 2022. The report reveals that the region&
- Capria Ventures, a venture capital firm focused on early-growth startups in the Global South, has announced the first close of its $100 million Fund II.The fund aims to invest in 20-25 tech startups in regions including Africa, India, Southeast Asia, Latin America, and the Middle East. Investors in…
- Twitter-Verified Organization is a service that allows organizations, including businesses, non-profits, and government institutions, to manage their verification and affiliate-related accounts. Organizations that purchase a subscription to the service will receive a gold or grey checkmark,…
- The next time you hail a taxi in Dubai, you could be hopping into a Tesla Model 3. That's because Arabia Taxi has just added 269 Teslas to its fleet.Thanks to an exclusive agreement with Tesla Motors, the company, which is a subsidiary of the Economic Group,
- South African consumer reward app Maholla has secured $1.5 million in seed funding to continue scaling its platform.The app rewards users for scanning any receipt from any store, enabling them to earn rewards no matter where they shop. Rewards come in various forms, such as instant airtime,…
- Luup, a Japanese shared micro-mobility startup has raised $30 million (4.5 billion yen) in a Series D financing round with 3.8 billion yen in equity and 700 million yen in debt.The funding brings the total raised by the EV startup to date to $68 million in equity,
- If you're concerned about keeping your messages private on your iPhone, there are several methods to conceal messages on an iPhone to ensure privacy. To keep your messages discreet, you can disable message previews, which will still alert you of a text message on the lock screen but
- Global secondary smartphone market expanded by 5% YoY in 2022, driven by the growing demand for refurbished smartphones across various geographies, according to a research report by Counterpoint.The increased trust levels towards refurbished smartphones across markets have been driving this trend.…
- Smile Identity, an African identity verification and KYC compliance company, has acquired Inclusive Innovations, the parent company of Appruve, a Ghanaian developer of identity verification software.Founded in 2017, Smile Identity has become a major player in Africa’s ID verification and KYC…
- Have you ever received an important message, document or image on WhatsApp that you didn't want to get lost among the other messages? I know I have! Well, did you know that the quickest way to save these messages or media is to send them to yourself?If
- Are you looking to switch to a tech role? Of course, not everyone would work in tech, but if you have the desire to get into a tech career, it is a great choice, especially because it is a rapidly growing and in-demand field.This article will focus on the
- Selex Smart Electric Vehicles, an electric vehicle (EV) startup based in Hanoi, Vietnam, has raised $3 million in a convertible note investment round that saw participation from ADB Ventures, Schneider Electric Energy Access Asia, Touchstone Partners, and Sopoong Ventures. Selex Motors, established…
- Spotify has exceeded its guidance and analysts' forecast, reaching over half a billion monthly active users in the first quarter.According to Refinitiv's IBES data, the number of monthly active users rose to 515 million, with premium subscribers – who account for most of the company'
- Africell, the pan-African mobile network operator, has launched its mobile money service 'Afrimoney' in Angola, in partnership with the National Bank of Angola (BNA).This move follows a pilot phase, and Africell believes that the new platform will digitise the country's informal economy and "unlock…
- In India, more than 12 million sellers earn a living by selling or reselling products and services – but, only 0.125% or 15,000 of these sellers, especially those in small towns and rural areas have enabled e-commerce.For this reason, the Open Network for Digital Commerce (ONDC), a
- Indian fintech giant, PhonePe is reportedly building a localised App store for the Indian market in the latest product push by the company to challenge Google’s dominance.The move is coming after the Indian antitrust watchdog Competition Commission of India (CCI) last year October, ordered Google…
- HCLTech, India's third-largest IT services firm after Tata Consultancy Services (TCS) and Infosys, has reported a consolidated profit of Rs 3,983 crore ($478 million) for the quarter ended March 31.While this figure marks a 10.85% YoY increase from the same quarter in the previous year
- The latest report by Canalys has revealed that the Indian smartphone market has experienced a significant decline in Q1 shipments, recording a YoY decrease of 20%. The sluggish consumer demand has been attributed to this unprecedented decline.Despite the challenging market conditions, Samsung has…
- If you're an iPhone user and love to take pictures or record videos, then you might want to use the timer feature on your iPhone camera. The iPhone photo timer lets you choose a delay of either three or ten seconds and It's super easy to
- Netflix has announced plans to invest $2.5 billion in South Korea over the next four years, doubling its investment in the country since 2016.The announcement came after a meeting between South Korean President Yoon Suk Yeol and Netflix co-CEO Ted Sarandos, during the former's six-day state
- Sberbank, Russia's largest bank, has unveiled GigaChat, a new chatbot technology that could rival Microsoft-backed OpenAI's ChatGPT. The new product will be released initially in an invite-only testing mode.The release of OpenAI's ChatGPT last year sparked a frenzy in the tech industry to
- A Malaysian school Sekolah Kebangsaan Port Dickson (SKPD) in the state of Negeri Sembilan has selected GoTechUp's robotic simulation software created by STEM education solutions provider, Tech Up Sdn. Bhd., for its virtual robotic learning program.The GoTechUp robotics simulation software features…
- Ride-hailing company Lyft is set to undergo another round of layoffs that could see over 1,200 jobs cut, per the Wall Street Journal, citing people familiar with the matter.According to the insiders, this restructuring could affect more than 30% of Lyft's 4,000 employees and is
