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Showing posts from March, 2021

Spain’s Glovo picks up $528M as the food deliver market continues to heat up

On the heels of Deliveroo raising more than $2 billion ahead of its debut on the London Stock Exchange this week, another hopeful in the food delivery sector has closed a super-sized round. Glovo , a startup out of Spain with 10 million users that delivers restaurant take-out, groceries and other items in partnership with brick-and-mortar businesses, has picked up a Series F of $528 million (€450 million). Glovo aims to become the market leader in the 20 markets in Europe where it is live today, in part by expanding its “q-commerce” service — the delivery of items to urban consumers in 30 minutes or less — and it will be using the money to double down on that strategy. This is a milestone funding round not just for the company, but its home country: it marks the largest-ever round raised by a Spanish startup. “We started in Spain, where you have access to far less capital than other countries in Europe. We do more with less and that’s made us leaner,” said Sacha Michaud, the co-fo

No April Fools’ jokes this year by Google

Every year on April 1, almost all the tech companies play April Fool's prank. But again this year it appears that Google has dropped the plan of playing April Fool's day prank. This is the second time that the company has taken this decision as last year also Google cancelled April Fool's prank due to the outbreak of COVID-19. from Gadgets Now https://ift.tt/31CCBes

Instagram gets another TikTok-like feature, Remix for Reels

Facebook-owned Instagram introduced its TikTok rival feature Reels last year. Now the photo-sharing app has launched another TikTok inspired feature called Remix for Reels. The new feature works like TikTok Duet and it enables users to remix a Reel by pairing their video with other users. from Gadgets Now https://ift.tt/3ubKIut

Oppo to launch F19 phone with 33watt Flash Charge on April 6 at 12pm

Oppo has announced that it will launch Oppo F19 phone on April 6. In a post on microblogging site Twitter, the company wrote that the handset will be unveiled via an event at 12 pm. It also said that the device will come with the company’s own 33 watt Flash Charge. from Gadgets Now https://ift.tt/39tISNx

US President Joe Biden singles out Amazon for not paying federal taxes

President Joe Biden singled out Amazon.com Inc for not paying federal taxes during his address in Pittsburgh, Pennsylvania, as he spoke about raising the burden of taxes on multinational companies and hiking the corporate tax rate. from Gadgets Now https://ift.tt/3dqvj2G

Microsoft wins $22 billion deal making augmented reality headsets for US Army

Microsoft's head-mounted HoloLens displays let people see virtual imagery superimposed over the physical world in front of them - anything from holograms in virtual game worlds to repair instructions floating over a broken gadget. Users can control what they see using hand gestures or voice commands. from Gadgets Now https://ift.tt/2Po4ggw

US ITC says SK Innovation didn't infringe LG Energy Solution patents

The U.S. trade watchdog cleared South Korean battery company SK Innovation Co Ltd of violating rival LG Energy Solution's patents in a preliminary ruling, sending SK shares surging 15%. from Gadgets Now https://ift.tt/3ftOYkT

Micron outlook beats expectations as memory chip prices rise

Micron said the overall DRAM chip market is in "severe shortage" and will tighten through the year. Micron itself is still working through a production disruption caused by an earthquake and power outage at one of its DRAM plants in Taiwan in December. from Gadgets Now https://ift.tt/3sKhkvg

TSMC says plans to invest $100 billion over next 3 years to meet chip demand

TSMC said it plans to invest $100 billion over the next three to increase capacity at its chipmaking plants, days after Intel Corp announced a $20 billion plan to expand its advanced chip manufacturing capacity. from Gadgets Now https://ift.tt/3ftP3Fd

Redmi Note 10 Pro Max with 108MP quad camera to go on sale today via Amazon

Redmi Note 10 Pro Max is the series’ top-end smartphone which comes with a starting price of Rs 18,999. It is backed by a 5020mAh battery with 33W fast charging support. The handset runs on MIUI 12.5-based on Android 11 out of the box. from Gadgets Now https://ift.tt/3upt3zR

Celonis announces significant partnership with IBM to sell its process mining software

Before you can improve a workflow, you have to understand how work advances through a business, which is more complex than you might imagine inside a large enterprise. That’s where Celonis comes in. It uses software to identify how work moves through an organization and suggests more efficient ways of getting the same work done, also known as process mining Today, the company announced a significant partnership with IBM where IBM Global Services will train 10,000 consultants worldwide on Celonis. The deal gives Celonis, a company with around 1200 employees access to the massive selling and consulting unit, while IBM gets a deep understanding of a piece of technology that is at the front end of the workflow automation trend . Miguel Milano, chief revenue officer at Celonis says that digitizing processes has been a trend for several years. It has sped up due to COVID, and it’s partly why the two companies have decided to work together. “Intelligent workflows, or more broadly spoken w

Amazon app quiz April 1, 2021: Get answers to these five questions to win Rs 15,000 in Amazon Pay balance

Result of today’s quiz will be announced on April 2. from Gadgets Now https://ift.tt/3sL49Ko

A hacker, 10 crore MobiKwik users, over 1 month: Timeline of the largest KYC data breach

A hacker--who goes by the name “ninja_storm”-- had put up 8.2TB data of MobiKwik users for sale at a price of 1.5 Bitcoin which translates to around Rs 65 lakh on March 27, 2021. But now he claims to have deleted all data from his end for free. Here's the chain of events of “largest KYC data breach”. from Gadgets Now https://ift.tt/39wxdxv

Flipkart daily trivia quiz April 1, 2021: Get answers to these questions to win gifts and discount vouchers

Only the first 50,000 participants will be eligible for the quiz prize. from Gadgets Now https://ift.tt/3wrtYBA

Apple Maps get Covid-19 travel advisory at these Indian airports

Travellers with an iPhone, iPad, or Mac can access local airport health requirements — such as health test or screening, quarantine guidelines and others from Gadgets Now https://ift.tt/3cD2jFG

Samsung Galaxy S20 FE 5G vs Galaxy S21 5G: What you get and don’t get by paying Rs 22,000 less

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Capgemini raises medium-term targets on global tech expansion

Shares in the company, offering IT services to industries including telecommunications and aerospace, with clients ranging from the German drugmaker Bayer, Daimler's Mercedes-Benz to the Swedish army, tumbled almost 30% during the first two months of the global coronavirus outbreak last year. from Gadgets Now https://ift.tt/2QZGFDv

Deliveroo debuts on the LSE at £3.31, down 15% on its pricing of £3.90 valuing the company at £7.59B

Update : It seems that the market is volatile indeed. After pricing its shares at the lower end of the range, Deliveroo, trading as “ROO” on the London Stock Exchange, opened at 331 pence (£3.31), down some 15% on its private placement pricing, and it has been continuing to decline in early trading. It’s now at 308 pence and has been as low as 271 pence (and as high as 344.95 pence). We’ll continue to update this story. Original post below. Tech stocks continue to deliver on the public markets, figuratively and literally: Deliveroo , the UK food-delivery giant backed by Amazon that has seen a surge of business during the Covid-19 pandemic, has announced pricing of £3.90 ($5.36) for its shares when goes public on the London Stock Exchange later today, valuing it with a market cap of £7.59 billion ($10.4 billion), and raising £1.50 billion ($2.1 billion). The figure is at the lower end of the reduced range Deliveroo set earlier in the week of £3.90-£4.10. At the time, Deliveroo said

India’s HealthPlix raises $13.5 million to help doctors treat patients more efficiently

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There are fewer than 300,000 doctors in India actively practicing medicine. They serve hundreds of millions of patients who suffer from chronic illness in the world’s second most populous nation. A doctor only has a few minutes to spend on a patient, remember the past diagnosis by glancing at their record, and formulate a plan of management. HealthPlix, a Bangalore-based startup, believes it can help doctors serve these patients more efficiently with the limited time they have. The startup has developed a software for doctors that helps them keep a tab on the symptoms a patient has displayed in the past, the medicine that was prescribed to them, and if they are showing any improvements in a methodical template. But it doesn’t stop there, said Sandeep Gudibanda, co-founder of HealthPlix , in an interview with TechCrunch. The software has a knowledge base that is making determination of all the other factors that a doctor needs to assess as they treat the patient. For instance, if

Sequoia Capital India on its early investment in Appier, the fund’s latest exit

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Chih-Han Yu, chief executive officer and co-founder of Appier Group Inc., right, holds a hammer next to a bell during an event marking the listing of the company on the Tokyo Stock Exchange, at the company’s office in Taipei, Taiwan on Tuesday, March 30, 2021. Photographer: Billy H.C. Kwok/Bloomberg via Getty Images Appier ’s initial public offering on the Tokyo Stock Exchange yesterday was a milestone not only for the company, but also Sequoia Capital India, one of its earliest investors. Founded in Taiwan, Appier was the fund’s first investment outside of India, and is now also the first company in its portfolio outside of India to go public. In an interview with TechCrunch, Sequoia Capital managing director Abheek Anand talked about what drew the firm to Appier , which develops AI-based marketing software. Before shifting its focus to marketing, Appier’s founders—chief executive officer Chih-Han Yu, chief operating officer Winnie Lee and chief technology officer Joe Su— worked

Hitachi to buy US software company GlobalLogic for $9.6 billion

Hitachi Ltd said on Wednesday it will buy U.S. software company GlobalLogic Inc for $9.6 billion, as the Japanese industrial conglomerate aims to expand from electronics hardware to digital services. from Gadgets Now https://ift.tt/3rCxsh0

Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

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Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 million in a Series A extension round . The investment, which, according to the company, was agreed on and structured in 2020, follows the $6.3 million raised in November 2020 and led by Toyota Tsusho investment fund Mobility 54 . This brings Tugende’s total Series A financing to $9.9 million. San Francisco and Paris-based VC firm, Partech led the round. Enza Capital participated, alongside some unnamed angel investors. Michael Wilkerson founded Tugende in 2012. The company uses asset finance, technology and a customer support model to help micro, small and medium-sized enterprises own income-generating assets . While primarily based in East Africa, the company wants to tackle the $331 billion credit gap facing these businesses across Africa. Its core product is for motorcycle riders in Kenya and Uganda, with a lease-to-own or hire-purchase package. These riders get some trai

Samsung Galaxy S20 FE 5G with Qualcomm Snapdragon 865 SoC, 4500mAh battery launched in India: Price, availability and more

South Korean consumer electronics giant Samsung has launched the 5G variant of the Galaxy S20 FE in India. The same device was launched in the US in October 2020. The 4G variant of the same device has been available in India since the same time at Rs 49,999. from Gadgets Now https://ift.tt/3fsXNvf

WhatsApp may soon allow users to change colors in the app

Facebook-owned instant messaging platform WhatsApp is reportedly working on a new feature that will enable users to change colors in the app. As reported by WaBetaInfo- a site that keeps track of upcoming WhatsApp updates, the feature is still under development. from Gadgets Now https://ift.tt/3fpLJep

US lawmakers press Big Tech for internal research on kids' mental health

Four Republican U.S. lawmakers requested that Facebook Inc, Twitter Inc and Alphabet Inc's Google turn over any studies they have done on how their services affect children's mental health. from Gadgets Now https://ift.tt/3whdPP8

Google, US government tangle over pre-trial document production

The Justice Department has been pushing Google to produce documents on a long list of topics related to its lawsuit, which accuses the company of breaking antitrust law in its search and search advertising businesses. from Gadgets Now https://ift.tt/31yok2b

SpaceX starship SN11 rocket fails to land safely after test launch in Texas: SpaceX

An uncrewed SpaceX Starship prototype rocket failed to land safely on Tuesday after a test launch from Boca Chica, Texas, and engineers were investigating, SpaceX said. "We do appear to have lost all the data from the vehicle," SpaceX engineer John Insprucker said in a webcast video of the rocket's flight test. "We're going to have to find out from the team what happened." from Gadgets Now https://ift.tt/3u3s6N6

US FCC commissioner urges tougher steps on China's Huawei, ZTE

The FCC last year adopted rules requiring U.S. telecom carriers to remove and replace equipment produced by Huawei or ZTE if purchased using an $8.3 billion government fund, but carriers could still purchase equipment from the Chinese companies with private funds. from Gadgets Now https://ift.tt/3ddSQDO

BlackBerry misses fourth-quarter revenue estimates despite recovery in software sales

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Otrium raises $120 million for its end-of-season fashion marketplace

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Otrium has raised a $120 million round just a year after raising its $26 million Series B round. BOND and returning investor Index Ventures are leading the round. Existing investor Eight Roads Ventures is also participating. The concept behind Otrium is quite simple. When items reach the end-of-season status, brands can list those items on Otrium and keep selling them. Otrium is currently available in Europe. Right now, many brands have their own end-of-season sales. But there are some limits to this model. Those companies often can’t sell their entire back inventory this way. Moreover, the most luxurious fashion brands don’t necessarily want to put a cheaper price tag on their items in their own stores. That’s why a lot of clothing produced stays unsold — and by unsold, it means that those items often get destroyed. With Otrium, brands can add another sales channel for those specific items. And selling those items online makes a ton of sense as you don’t want to manage small end

Monk’s Hill Ventures and Glints on how Southeast Asian startups can cope with the region’s talent crunch

A lot has changed since Monk’s Hill Ventures released its first report on tech compensation in Southeast Asia five years ago, with base salaries and competition for top talent jumping dramatically. But one thing has remained the same since 2016: startup compensation data, including information about base pay, bonuses and stock options, is still hard to find. To get more data for its latest Southeast Asia Tech Talent Compensation report, which covers startup hiring in Singapore, Indonesia and Vietnam, Monk’s Hill Ventures teamed up with Glints , one of its portfolio companies. Glints is a recruitment platform that claims 4 million users each month and is used by 30,000 organizations. The report analyzed more than 1,000 data points from Glints’ proprietary database, including job advertisements and placements made through 2020, and surveyed 175 employees in both technical and non-technical roles. It also includes interviews with more than 20 founders, including from Bot MD, Carousell,

Cognizant launches programme for tech professionals looking to restart careers

The Cognizant Returnship Programme, an India-first initiative, is a way to get diverse talent in the door, irrespective of when their last professional role was, according to the company. from Gadgets Now https://ift.tt/3dmFCER

Redmi Note 10 Pro with 64MP primary camera to go on flash sale today at 12pm

Redmi Note 10 Pro handset is powered by Qualcomm Snapdragon 732G octa-core chipset. It comes with a starting price of Rs 15,999 for the base model. It packs 6GB RAM with 64GB storage capacity. from Gadgets Now https://ift.tt/3rCiqHZ

Amazon app quiz March 31, 2021: Get answers to these five questions to win Sony Alpha ILCE 6000L 24.3MP mirrorless camera

Result of today’s quiz will be announced on April 1. from Gadgets Now https://ift.tt/3m68qFA

10 things to do before selling your Android smartphone

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Flipkart daily trivia quiz March 31, 2021: Get answers to these five questions to win gifts and discount vouchers

Only the first 50,000 participants will be eligible for the quiz prize. from Gadgets Now https://ift.tt/2O68hFE

YouTube to launch a new feature to make content creators happy

YouTube has said that it is experimenting with a new feature that will stop showing ‘Dislikes’ on videos and the same will only appear inside YouTube Studio. from Gadgets Now https://ift.tt/39sNuUl

Google launches app to help you store important documents

Internet search giant Google has announced a new app — called Stack — that aims to help people to organise their documents. This service has been developed by Google's in-house incubator, Area 120. from Gadgets Now https://ift.tt/3u7Xryj

Google Maps plans to get you an 'eco-friendly' ride, here's how

Google's Maps app will start directing drivers along routes estimated to generate the lowest carbon emissions based on traffic, slopes and other factors, the company announced. from Gadgets Now https://ift.tt/3czDLgL

Amazon partners with Seraphim on AWS accelerator for space startups

Amazon will soon be a big part of the space economy in the form of its Kuiper satellite internet constellation, but here on Earth its ambitions are more commonplace: get an accelerator going . They’ve partnered with space-focused VC outfit Seraphim Capital to create a four-week program with (among other things) a $100,000 AWS credit for a carrot. Applications are open now for the AWS Space Accelerator, with the only requirement that you’re aiming for the space sector and plan to use AWS at some point. Ten applicants will be accepted; you have until April 21 to apply. The program sounds fairly straightforward : a “technical, business, and mentorship” deal where you’ll likely learn how to use AWS properly, get some good tips from the AWS Partner Network and other space-focused experts on tech, regulations and security, then rub shoulders with some VCs to talk about that round you’re putting together. (No doubt Seraphim’s team gets first dibs, but there doesn’t appear to be any strict e

Men’s health startup Manual raises $30M Series A from US and European investors

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Men’s health and wellbeing startup Manual has raised a $30m Series A round from US-based Sonoma Brands and Waldencast, and Manual’s existing European investors Felix Capital and Cherry Ventures. FJ Labs and the GISEV Family Office also participated in the round. The cash will be used for product development and international expansion. Manual provides diagnostics, treatments and ongoing care and plans to expand across Europe, Asia and Latin America. The company has already expanded to Brazil. Manual is competing with Numan (raised $13M), also from the UK (Manual launched a month earlier than them). In the US it is competing with Ro (raised $876.1M) and Hims (listed). All these brands tend to focus on issues like vitamins and erectile dysfunction, with the, often common refrain of, ‘normalizing’ the idea that men should look after themselves better, across a number of fronts and removing stigma’s around sexual health. It performs blood tests and other tests to analyze heart health, gu

African talent recruitment company TalentQL joins Techstars to further global ambition

African-focused talent recruitment and outsourcing company   TalentQL  today announced that it has been accepted into Techstars Toronto . The company will join nine other startups in the accelerator’s class of 2021. This comes two weeks after Nigerian bus-booking platform Plentywaka announced its participation in the program as well . TalentQL was launched last November by serial entrepreneurs Adewale Yusuf , Opeyemi Awoyemi  and Akintunde Sultan. Before TalentQL, Yusuf co-founded Nigeria-based tech media publication Techpoint Africa; Awoyemi co-founded online recruitment site Jobberman; and Sultan founded nonprofit tech accelerator DevCareer . The company has a “talent pool” developers join before passing through different assessments. Once the engineers pass the assessments, they can join the company’s “talent network” to access opportunities .   The pandemic accelerated the need for international companies to seek cheaper and remote talent around the world. TalentQL

This is how Google is celebrating ship getting freed from Suez Canal

If you search for terms like “Suez Canal” or “Ever Given” on Google, you will be able to see an animation of ship emojis sailing by underneath the Google Search bar. The animation appears to be live only on desktop as of now as mobile or web versions of Google are not displaying it yet. from Gadgets Now https://ift.tt/39IJ1x5

Skype rolls out support for up to 100 participants simultaneously

Microsoft-owned video calling platform Skype has added support to call up to 100 users at a time. The company will allow users without an account to invite up to 99 people to a call with one link. Also, the platforms will allow users to run these calls for up to 24 hours. Skype users will be able to see up to 99 other users in the new Large Grid view that shows up to 49 people on-screen simultaneously. from Gadgets Now https://ift.tt/2Pi2IVk

Samsung Galaxy S20 FE 5G launch in India today: Expected specs

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Everli, the European marketplace for online grocery shopping, bags $100M Series C

Everli , the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C funding. The round is led by Verlinvest, with participation from new investors Luxor, DN Capital, C4 Ventures, and Convivialité Ventures. FITEC (part of Fondo Italiano d’Investimento), 360 Capital, Innogest, and DIP also followed on. Everli, formerly called Supermercato24, says it will use the injection of capital to accelerate growth and further expand its international footprint. Founded in 2014, Everli lets customers order from local supermarkets for delivery. The company uses gig economy-styled personal shoppers who go into the store and ‘pick’ the products ordered and then deliver them same-day, or for an added cost within an hour. The company charges a delivery fee to consumers, but also generates revenue from fees charged to partnering merchants, and, notably, through advertising. It has become

Redmi Note 10 with 48MP camera to go on sale today via Amazon

Redmi Note 10 comes with an affordable price tag of Rs 15,999 for the base variant of 6GB RAM and 64GB internal storage. Another model that packs 8GB RAM can be purchased at Rs 16,999. from Gadgets Now https://ift.tt/2PaI49L

Redmi’s upcoming gaming phone may run on Dimensity 1200 chipset: Report

Redmi gaming phone may be powered by Mediatek’s Dimensity 1200 chipset built on 6nm architecture. It is also rumoured that the phone could house a 5,000mAh battery. from Gadgets Now https://ift.tt/39sUErB

Xiaomi Mi Smart Band 6 vs Mi Smart Band 5: How the two compare

The Mi Smart Band 6 is the successor to the Mi Smart Band 5, which was launched in India in September 2020 at Rs 2,499. from Gadgets Now https://ift.tt/39tJO4y

Facebook, Google plan new undersea cables to connect Southeast Asia and America

The cables will be the first to directly connect North America to some of the main parts of Indonesia, and will increase connectivity for the central and eastern provinces of the world's fourth most populous country. from Gadgets Now https://ift.tt/3sARGsJ

US trade regulator will not appeal Qualcomm case to Supreme Court

The Federal Trade Commission said it would not ask the U.S. Supreme Court to review its appeals court loss against Qualcomm Inc , which the agency had accused of breaking antitrust law in selling chips for smartphones. from Gadgets Now https://ift.tt/3cxEoaB

Poco X3 Pro to launch in India today at 12pm: How to watch live stream

Poco X3 Pro is set to launch in India today. The launch event will start at 12 pm. The event will be telecasted live on the company’s social media platforms including YouTube. from Gadgets Now https://ift.tt/3sBmgT4

US House panel probes SpaceX launch activities

The House of Representatives Transportation and Infrastructure Committee said on Monday it is investigating a SpaceX commercial space launch that regulators determined violated U.S. safety requirements and its test license. from Gadgets Now https://ift.tt/3m3f2EQ

Testing platform Tricentis acquires performance testing service Neotys

If you develop software for a large enterprise company, chances are you’ve heard of Tricentis . If you don’t develop software for a large enterprise company, chances are you haven’t. The software testing company with a focus on modern cloud and enterprise applications was founded in Austria in 2007 and grew from a small consulting firm to a major player in this field, with customers like Allianz, BMW, Starbucks, Deutsche Bank, Toyota and UBS. In 2017, the company raised a $165 million Series B round led by Insight Venture Partners. Today, Tricentis announced that it has acquired Neotys , a popular performance testing service with a focus on modern enterprise applications and a tests-as-code philosophy. The two companies did not disclose the price of the acquisition. France-based Neotys launched in 2005 and raised about €3 million before the acquisition. Today, it has about 600 customers for its NeoLoad platform. These include BNP Paribas, Dell, Lufthansa, McKesson and TechCrunch’s ow