- Back in the day, people often had the pain of not having the technical knowledge or expertise required to build a website from scratch. They found it challenging to create a professional-looking website that could compete with others in their industry. Additionally, they struggled with the time and…
- Adobe has announced the launch of an artificial intelligence tool called Firefly that will let users type commands to quickly generate text and images, according to a blog post published Tuesday.Developed using hundreds of millions of photos, the first Firefly model is designed to generate images…
- Sorted, India-based fresh fruit and vegetable tech platform, founded by ex-Milkbasket cofounder Anant Goel, has raised $5 million as a part of its ongoing seed funding round to grow its business.The tech-driven F&V (fruits and vegetables) platform enables access to straight-from-the-farmers,…
- Saudi Venture Capital Company (SVC) has launched an $80 million investment to back up the fintech industry. The venture capital fund was in partnership with the Capital Market Authority (CMA) and the Financial Sector Development Programme (FSDP).SVC is a government investment company established in…
- The rise of digitalization has changed how internet retailers run their businesses. While this has simplified the process of purchasing items for customers, it has also presented certain challenges for e-commerce businesses, such as website optimization and servicing across many digital touchpoints…
- African venture funding platform, Verod-Kepple Africa Ventures (VKAV) has raised $43 million as part of its fundraising for its pan-African venture fund.The fund invests in scalable, tech-enabled, post-revenue businesses addressing difficult challenges across various industries on the continent.…
- Leading IT services and consulting company Accenture has agreed to acquire industrial artificial intelligence (AI) company Flutura, headquartered in Bangalore, India.Accenture is a leading global IT professional services company that helps the world’s leading businesses, governments and other…
- Short video-sharing platform TikTok says it has reached 150 million monthly active users in the United States, nearly half the country's population, and up from 100 million users in 2020.TikTok is currently faced with growing pressure in the US following the call by senators for a nationwide
- Since laptops and PCs automatically connect to a WiFi network, it's common for you to forget your WiFi password.However, if you find yourself in need of your WiFi password and you didn't write it down or save it on Keeper, don't worry! There
- Entertainment giant Disney is set to sack at least 4,000 current employees in April as it directs managers to submit a list of employees who will be laid off over the next few weeks in a bid to cut costs, per a Business Insider report.According to the report,
- BikeWo, a multi-brand Hyderabad-headquartered electric two-wheeler showroom, launched ‘BikeWo Shield’, a 5-year warranty scheme, with an aim to increase the adoption of electric vehicles (EVs) by giving confidence to the customers regarding the safety and reliability of the vehicle.This scheme…
- Laptops are devices that are very important for both personal and office use. The electronic device with the characteristics of portability, specification, weight and dimensions is used for multiple purposes and this is why it is important to put a few things into consideration before choosing a…
- Amazon is set to lay off another round of 9,000 employees in the upcoming weeks. This was announced by Amazon's CEO Andy Jassy in a blog post sent to employees on Monday.According to the CEO Jassy, the decision to streamline its costs and headcount comes amidst
- According to the latest research from Counterpoint, India's smart home security camera market shipments experienced 44% year-over-year growth in 2022.In the first three quarters of the year, the market saw a surge in demand, resulting in strong YoY growth. However, the market slowed down in Q4 2022
- Content creation is one of the expanding areas of tech, lifestyle, entertainment, creativity, and culture in today's society. Whether it is a video (skit or vlog) on YouTube a podcast on Spotify or a picture story on Instagram down to a space on a topic issue on Twitter
- Credable, an embedded finance platform that provides technology stacks, scoring capabilities, and banking partners to businesses such as e-commerce platforms, mobile operators, and logistics companies, has raised $2.5 million in a seed round led by Ventures Platform.Credable aims to offer banking…
- Elon Musk, Twitter CEO has said that the social media platform has surpassed a staggering 8 billion user minutes per day. To put that in perspective, users cumulatively spend about 5.5 million (in days' worth) on the platform every day.As Musk shared in his tweet on Sunday,
- Indian company electric two-wheelers maker Kabira Mobility has secured $50 million (around Rs 412 crore) in funding from Qatar-based Al-Abdulla Group in a Series A round to facilitate the expansion of its production capacity.The homegrown electric two-wheeler maker plans to ramp up the production…
- Google Docs is a popular word-processing application that allows you to create and edit documents online. One of its many features is the ability to use a dark mode interface, which can be easier on the eyes and reduce eye strain, especially when working for extended periods. The Google Docs
- The Thailand smartphone market experienced a decline of 21% in 2022, resulting in the lowest number of units sold in a year since 2014, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The entry-level smartphone segment (<US$200) shrank to 59% of…
- GIF, which stands for Graphics Interchange Format, is a type of digital image file that is popularly used on the internet. Unlike static images, GIFs can be animated and are commonly used to create short, looping clips of video or animation.GIFs have become a popular form of online communication,
- Roku is a streaming video player, which means it streams video material in real-time from the Internet to your home. The device streams movies from various streaming platforms such as Netflix, Hulu, Disney+, Amazon Prime Video and many more.If you own a Roku device, it's in your
- Saudi Arabia-based healthcare technology startup Aumet has raised $7 million in a Pre-Series A funding round from global venture capital and private equity firms. Aumet is an artificial intelligence-enabled business-to-business healthcare platform that offers tailored solutions to healthcare…
- German carmaker Mercedes has said it plans to invest billions of dollars towards the modernisation of its electric vehicle plants in China, Germany and Hungary over the coming years, according to Reuters, citing the magazine Automobilwoch.This move underlines the automaker's aim to cut emissions,…
- According to the data from International Data Corporation (IDC), worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022.Investments in hardware, software, and services related to cybersecurity are expected to reach nearly…
- Almentor, the leading online video learning platform in Arabic, has secured $10 million in a pre-Series C round led by e& capital, the tech investment arm of e&. The proceeds will be used to accelerate the company's growth towards its goal of serving ten million learners
- Nigeria-based fintech startup OnePipe has reportedly laid off at least 10 employees, according to sources close to the situation.The company, which enables organizations to integrate financial services, lists 48 employees on LinkedIn, suggesting that its team is now down to 38 people.OnePipe was…
- According to a report by market research group, Counterpoint, China’s passenger electric vehicle (EV) sales almost doubled in 2022, growing 87% YoY, and accounting for nearly 59% of the global EV sales volume.In the year, the country was the second fastest-growing market among the world’s
- Chinese search engine giant Baidu has announced the launch of its new chatbot, Ernie, in response to the buzz surrounding OpenAI's GPT-4 and Microsoft 365's AI makeover.Following Baidu CEO Robin Li's one-hour presentation on Ernie, which offered only a brief glimpse into the
- A week ago today, Silicon Valley Bank, the 16th biggest bank in the U.S. and a long-time prominent lender in the startup ecosystem collapsed, in what is the largest financial institution collapse in the United States since Washington Mutual went under in 2008.For decades, SVB took deposits from
- Venture capitalist firm Latin Leap has arrived in Latin America with a $25 million fund targeted at early-stage companies.Launched in 2019 in Singapore, Latin Leap is a Venture Capital Studio (VC Studio) established to create a unique investment platform to soft-land purpose-driven tech companies…
- LinkedIn has announced that it will now offer GPT-powered writing suggestions and job descriptions to its users, in a move that demonstrates the company’s commitment to integrating AI into its services.The new “enhance” tool is designed to simplify the process of filling out profile fields
- Nigeria has approved ₦2.8 billion ($6.8 million) for a digital census, originally scheduled for March 29 but postponed to May 2023 due to the rescheduled gubernatorial and state House of Assembly elections to be held on Saturday, March 18th 2023.The Nigerian government said the fund will
- A week ago today, Silicon Valley Bank, the 16th biggest bank in the U.S. and a long-time prominent lender in the startup ecosystem collapsed, in what is the largest financial institution collapse in the United States since Washington Mutual went under in 2008.For decades, SVB took deposits from
- Walmart, a US-based e-commerce company that owns a majority stake in Bengaluru-headquartered PhonePe, has invested $200 million in the Indian startup. This investment is the third tranche of an ongoing funding round that has allowed PhonePe to raise a total of $650 million in recent weeks, despite…
- It can really be annoying when you go into your phone's gallery to find out that you have strange images or videos that you don't remember downloading.Most likely, those images were downloaded into your phone through WhatsApp.By default, WhatsApp automatically downloads and saves videos
- Microsoft has unveiled a new AI-powered Copilot for its Microsoft 365 apps and services that will assist users with generating documents, emails, presentations and more.Powered by GPT-4 from OpenAI, the Copilot sits alongside Microsoft 365 apps as a chatbot that appears in the sidebar and can be…
- The UK government has reportedly pledged to invest £900 million ($1.1 billion) towards developing acutting-edge supercomputer, to create its own GPT (Generative Pre-trained Transformer) AI model, as part of a broader artificial intelligence strategy that aims to establish a new AI…
- Facebook is the most populous social media app in the world.With over 2.91 billion monthly active users, the potential reach of Facebook ads is 2.11 billion users, that is 72.5% of its total monthly active users, according to Hootsuite.The platform is mainly used for communication,
- According to several media reports, the U.S. government has demanded that TikTok's Chinese owners sell shares or face a potential nationwide ban.This development is the latest move by the Biden administration to potentially block the video-sharing app in the US amid fears of its user data
- Payments processing giant Stripe says it has raised $6.5 billion in a Series I funding round at a $50 billion valuation – down nearly 50% from two years ago.According to a company statement, the funding "will be used to provide liquidity to current and former employees and
- The UK government is set to ban Chinese-owned video app, TikTok on government-issued phones, amid security concerns, according to Cabinet Office minister Oliver Dowden.Speaking on the development, Dowden said that there "could" be a risk to how government data and information is used by the app.The
- Flutterwave, the African fintech unicorn, has acquired two licenses from the National Bank of Rwanda, allowing it to provide remittance services and operate as an electronic money issuer in the country.The move is part of the company's expansion strategy in East Africa, where it already operates in
- YouTube, a video streaming platform has recently proven to be a useful means of sharing and generating content in today’s world.With over 122 million users daily, and more than 2.6 billion monthly active users, over 1 billion hours of content are watched on the platform across
- India-based online eyewear brand Lenskart has announced signing a definitive agreement for a $500 million investment from the Abu Dhabi Investment Authority (ADIA).Founded in 2010, Lenskart has emerged as one of the top omnichannel retailers and manufacturers of eyewear in India. In addition to its…
- Colombia’s smartphone shipments fell 3% YoY in 2022 affected by macroeconomic headwinds, nevertheless much less compared to the overall LATAM’s 5.5% YoY drop, according to Counterpoint latest research.Samsung, Apple and ZTE grew in double digits in 2022, recording 14%, 26% and 50% respectively
- Saudi Arabian shopping and payments platform, Tamara, has secured a receivables warehouse facility of up to $150 million from Goldman Sachs, bringing the firm's total funding in equity and debt to $366 million since its launch in September 2020.The company, which aims to transform how people shop,
- India recorded 700 million or more active internet users aged two years and older as of December 2022, according to Nielsen's India Internet Report 2023.Despite Rural India reaching 425 million registered internet users, almost 44% higher than urban areas, which had 295 million active internet…
- If you have always wanted to share your thoughts and reactions to status updates with voice, this new WhatsApp feature has got your back.WhatsApp Voice Status is an app feature that enables users to share short audio snippets as status updates. This feature is identical to the conventional text
- Oikocredit, a social impact investor, has granted a loan facility worth $2.6 million to MyCredit Limited, a non-bank financial institution in Nairobi, Kenya, with over 10,000 customers.This new partnership will help MyCredit improve access to capital for SMEs in a fast, convenient, and affordable…
