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Showing posts from May, 2021

Amazon announces Youth Offer on Amazon Prime, offers membership at effective price of Rs 164

E-commerce giant Amazon has announced a new offer — Youth Offer on Amazon Prime — to bring more Prime members. However, with this offer the company is targeting those between the age of 18-24. Through this offer, Amazon is offering both annual and quarterly Prime membership at an effective price of Rs 499 and Rs 164 respectively. from Gadgets Now https://ift.tt/3yPQdST

European insurtech startup Wefox grabs $650 million at $3 billion valuation

German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox is a digital insurer focused on personal insurance products, such as household insurance, motor insurance and personal liability insurance. “It’s much more than we wanted to raise initially. It was a very fast process and essentially we were oversubscribed by 4x or so,” co-founder and CEO Julian Teicke (pictured left) told me. In December 2019, the company reported a $1.65 billion valuation. And the company says today’s funding round is one of the largest Series C rounds of all time — and likely the largest Series C round for an insurtech company more specifically. “Almost all of the big existing investors are participating,” Teicke said. OMERS Ventures, G Squared, Mountain Partners, Merian, Horizons Ventures, Eurazeo, Mubadala Capital, Salesforce Ventures, Speedinvest, CE Innovation Capital,

Polish trial begins in Huawei-linked China espionage case

Poland arrested the two men in January 2019 on suspicion of spying for China, in a move that has ramped up international debate over the potential security risks of using Huawei equipment in communications networks. from Gadgets Now https://ift.tt/3c7lruY

How to stop Google Photos backups so that it doesn’t exhaust your 15GB free Gmail storage

From June 1, 2021, all images that get backed up on Google Photos will automatically consume your limited free 15GB Google account space that is shared by Gmail, Docs and Drive. from Gadgets Now https://ift.tt/3wL1yBN

Twitter working on more ‘fake news’ warning labels

Twitter is working on three levels of misinformation warning labels. The three warning labels would be “Get the latest”, “Stay informed”, and “Misleading”. from Gadgets Now https://ift.tt/3yLGzRf

WhatsApp names Paresh B Lal as grievance officer for India on website

As per WhatsApp's website, users can contact Paresh B Lal - who is the 'Grievance Officer' - through a post box in Banjara Hills in Hyderabad, Telangana from Gadgets Now https://ift.tt/3fDjaK3

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

Results of today’s quiz will be announced on June 2. from Gadgets Now https://ift.tt/3yQhcxy

Flipkart daily trivia quiz June 1, 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/3yQfT1C

Here's another 'proof' of iPhone 12 series’ popularity

A recent report by Counterpoint Research had claimed that iPhone 12 series had captured one-third of smartphone industry revenues during the first quarter of 2021 and the top three sold handsets were iPhone 12, iPhone 12 Pro Max and iPhone 12 Pro. from Gadgets Now https://ift.tt/3fAXPkn

10 biggest shareholders of India's largest IT company TCS

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Twitter halts profile verification process, here’s why

Just over a week after relaunching verification, Twitter has announced that it has paused the process of verification of profiles on its platform. The company announced this in a tweet, where it said, “We’re rolling in verification requests. So we gotta hit pause on accepting any more for now while we review the ones that have been submitted. We’ll reopen requests soon! (we pinky swear)” from Gadgets Now https://ift.tt/3wG70Wu

Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors

Zenyum , a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused on consumer brands. The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program ), RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. L Catteron Asia’s head of growth investments, Anjana Sasidharan, will join Zenyum’s board. This brings Zenyum’s total raised so far to $56 million, including a $13.6 million Series A announced in November 2019 . In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” Other dental-related investments in L Catteron’s portfolio include Ideal Image, ClearChoice, dentalcorp, OdontoCompany, Espaçolaser and 98point6. Sequoia re

Sri Lanka questions burning cargo ship crew as ecological devastation assessed

Sri Lanka's criminal investigators began questioning the crew of a burning cargo ship Monday, as the Singapore-registered carrier smouldered for a 12th straight day in one of the island's worst-ever marine ecological disasters. from Phys.org - latest science and technology news stories https://ift.tt/3vBYyr3

Video e-learning platform for MENA, Almentor, closes $6.5M Series B led by Partech

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There are more than 400 million Arabic speakers globally and that number isn’t slowing down anytime soon . Arabic, to most people, is a tough language even to those who speak it. According to Duolingo , someone fluent in Egyptian Arabic might not fully understand Yemeni Arabic speakers because of the vast difference in dialect . While individuals can easily navigate dialects , it can be relatively hard for them to find tailored Arabic content essential for everyday life . Dr Ihab Fikry and Ibrahim Kame founded Almentor.net in 2016 as an online video learning platform to compensate for this lack of online learning content for Arabic speakers . In collaboration with hundreds of leaders, educators, and experts, the platform offers courses and talks in various fields like health, humanities, technology, entrepreneurship, business management, lifestyle, drama, sports, corporate communication, and digital media . In 2016, Almentor closed a $3.5 million seed round and two years ag

Google to be sued by over 10,000 women over gender pay inequality

The lawsuit was initially filed by four women -- Kelly Ellis, Holly Pease, Kelli Wisuri and Heidi Lamar. They allege that Google violated the California Equal Pay Act by paying them less than their male counterparts. With the class-action status, the suit can now apply to 10,800 women who have held various positions at Google since 2013. from Gadgets Now https://ift.tt/3p5rR2R

Louisiana coast still hurting from storms, bracing for more

Scores of people in coastal Louisiana are still living in campers on dirt mounds or next to cement slabs where their houses once stood. Unresolved insurance claims and a shortage of supply and labor are stymieing building efforts. And weather forecasters are warning of more possible devastation to come. from Phys.org - latest science and technology news stories https://ift.tt/3gcvpwv

Climate talks resume online as pressure to act grows

For the first time since 2019 and following a flurry of net-zero pledges from the world's largest emitters, UN climate negotiations resume Monday in a virtual format just six months before the crunch COP26 summit. from Phys.org - latest science and technology news stories https://ift.tt/3fVtyvR

Beer byproduct mixed with manure proves an excellent pesticide

The use of many chemical fumigants in agriculture have been demonstrated to be harmful to human health and the environment and therefore banned from use. from Phys.org - latest science and technology news stories https://ift.tt/2R8YcJK

Young Arabic speakers offered kid-friendly route into scientific discovery

Arabic speakers worldwide can now access a library of kid-friendly scientific articles thanks to a newly launched educational resource. Penned by leading scientists and published in Arabic by scholarly publisher Frontiers, the online learning resource includes a collection of fascinating scientific articles designed to inspire the next generation of young scientists. Ranging from galactic astronomy to treating human diseases to environmental sciences, this is the first free resource of its kind to be available in Arabic. from Phys.org - latest science and technology news stories https://ift.tt/3i40QeM

By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens

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Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. This means the responsibility falls on cloud kitchen operators to make sure they have enough locations to meet demand from F&B clients, while ensuring fast deliveries to end customers. Indonesian network DishServe has figured out a way to make running cloud kitchen networks even more asset-light. Launched by budget hotel startup RedDoorz’s former chief operating officer, DishServe partners with home kitchens instead of renting or buying its own facilities. It currently works with almost 100 home kitchens in Jakarta, and focuses on small- to medium-sized F&B brands, serving as their last-mile delivery network. Launched in fall 2020, DishServe has raised an undisclosed amount of pre-seed funding from Insignia Ventures Partners. RedDoorz raises $70M to expand its budget hotel network in Southeast Asia

iQoo Z3 5G with Qualcomm Snapdragon 7685G set to launch in India soon, reveals Amazon

Vivo’s former sub-brand iQoo’s upcoming smartphone, iQoo Z3 5G, will be sold via Amazon in India. A new microsite of the soon to be launched handset has been spotted on Amazon, confirming some of its specs that it will offer. As per the Amazon listing, the iQoo Z3 5G comes powered by the Qualcomm Snapdragon 7685G processor, which was only recently launched. iQoo is touting it to be the first smartphone in the country to be powered by this SoC. from Gadgets Now https://ift.tt/3fCvb2g

Xiaomi claims to charge a phone from 0 to 100% in just 8 minutes

Chinese consumer technology brand Xiaomi has announced its new charging technology — which it claims is a new world record in both wired and wireless charging. When it comes to wired charging, the company has announced its 200W HyperCharge fast charging technology and to demonstrate it showed a video of a phone with a 4000mAh battery that hits 50% charging status in just 3 minutes and a 100% charging status in 8 minutes. from Gadgets Now https://ift.tt/2RPNybi

Europe’s cookie consent reckoning is coming

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Cookie pop-ups getting you down? Complaints that the web is ‘unusable’ in Europe because of frustrating and confusing ‘data choices’ notifications that get in the way of what you’re trying to do online certainly aren’t hard to find. What is hard to find is the ‘reject all’ button that lets you opt out of non-essential cookies which power unpopular stuff like creepy ads. Yet the law says there should be an opt-out clearly offered. So people who complain that EU ‘regulatory bureaucracy’ is the problem are taking aim at the wrong target. EU law on cookie consent is clear: Web users should be offered a simple, free choice — to accept or reject. The problem is that most websites simply aren’t compliant. They choose to make a mockery of the law by offering a skewed choice: Typically a super simple opt- in (to hand them all your data) vs a highly confusing, frustrating, tedious opt-out (and sometimes even no reject option at all ). Make no mistake: This is ignoring the law by design. Si

Africa has another unicorn as Chipper Cash raises $100M Series C led by SVB Capital

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Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks, remittances and cross-border transfers, and rightfully so .  Each of these services solves unique sets of challenges. For cross-border payments, it’s the outrageous rates and regulatory hassles involved with completing transactions from one African country to another . Chipper Cash , a three-year-old startup that facilitates cross-border payment across Africa, has closed a $100 million Series C round to introduce more products and grow its team . It hasn’t been too long ago since Chipper Cash was last in the news. In November 2020, the African cross-border fintech startup raised $30 million Series B led by Ribbit Capital and Jeff Bezos fund Bezos Expeditions . This was after closing a $13.8 million Series A round from Deciens Capital and other investors in June 2020. Hence, Chipper Cash has gone through three rounds totalling $143.8 milli

Intel announces two new 11th-gen chips and a 5G M.2 laptop module at Computex

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Intel kicked off this year’s virtual Computex by announcing two new 11th Gen U-Series chips for use in thin, lightweight laptops. It also unveiled its first 5G M.2 module for laptops, designed in a partnership with MediaTek (Intel sold its smartphone modem business to Apple in 2019 ). Both of Intel’s new chips have Intel Irix Xe graphics. The flagship model is the Core i7-1195G7, which has base clock speed is 2.9 GHz, but can reach up to 5.0 GHz on a single core using Intel’s Turbo Boost Max 3.0 tech. The other chip, called the Core i5-1155G7, has a base clock speed of 2.5GHzm and a maximum of 4.5GHz. Both chips have four cores and eight threads. A comparison chart of Intel’s new 11th-gen chips The 5G M.2 module, called the “5G Solution 5000,” supports 5G NR midband, sub-6GHz frequencies and eSIM tech. Intel has partnerships with telecoms in North America, EMEA, APAC, Japan and Australia. The module is expected to be in laptops produced by Acer, ASUS, HP and other manufacturers

Indian health insurance startup Plum raises $15.6 million in Tiger Global-led investment

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The vast majority of people in India, the world’s second most populous nation, don’t have health insurance coverage. A significant portion of the population that does have coverage get it from their employers. Plum , a young startup that is making it easier and more affordable for more firms in the nation to provide insurance coverage to their employees, said on Monday it has raised $15.6 million in its Series A funding to accelerate its growth. Tiger Global led the funding round. Existing investors Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund, Gemba Capital, also participated in the new round, which brings the one-a-half-year-old startup’s to-date raise to $20.6 million. TechCrunch reported earlier this year that Plum was in talks with Tiger Global for the new financing round. Kunal Shah (founder of Cred), Gaurav Munjal, Roman Saini and Hemesh Singh (founders of Unacademy), Lalit Keshre, Harsh Jain and Ishan Bansal (founders of Groww), Ramakant Sharma an

Paytm board grants in-principle approval for around Rs 22,000 crore IPO

Paytm shareholders include Alibaba's Ant Group (29.71 per cent), Softbank Vision Fund (19.63 per cent), Saif Partners (18.56 per cent), Vijay Shekhar Sharma (14.67 per cent). from Gadgets Now https://ift.tt/3uzvFur

Apple sued over false accusations in Apple Store thefts

The lawsuit, filed on May 28 in the US District Court for the District of Massachusetts, is suing Apple and Security Industry Specialists, a contractor working for Apple on store security. from Gadgets Now https://ift.tt/3fAgv3X

How Samsung and LG’s ‘manufacturing’ may have confirmed this iPhone 13 component

Samsung Display and LG Display are returning as display panel producers for the "iPhone 13," and have started production of the needed OLED panels, Apple Insider citing The Elec reported. from Gadgets Now https://ift.tt/3uCEQuf

Amazon app quiz May 31, 2021: Get answers to these five questions and win Rs 50,000 in Amazon Pay balance

Results of today’s quiz will be announced on June 1. from Gadgets Now https://ift.tt/3pd5lp2

6 alternatives to Google Photos: Pricing, storage and all other details

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

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

Realme X7 Max 5G and Realme Smart TV 4K launch in India today at 12:30 pm

Realme is set to expand its product portfolio in the country. The company will unveil Realme X7 Max 5G phone and Realme Smart TV 4K today. The devices will be unveiled via an online event at 12:30 pm. from Gadgets Now https://ift.tt/3vE3VWK

How MagSafe helped a man fish out iPhone 12 Pro Max from canal

The incident came to light when app developer Frederik Riedell posted about it on Twitter. As per the post, Riedell’s friend dropped his iPhone 12 Pro in the canal in Berlin, which disappeared in the mud and despite wading through 3 feet deep water was not able to find it. from Gadgets Now https://ift.tt/2SId7L8

Jai Kisan, a fintech startup aimed at rural India, raises $30 million

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Jai Kisan, an Indian startup that is attempting to bring financial services to rural India, where commercial banks have a single-digit penetration, said on Monday it has raised $30 million in a new financing round as it looks to scale its business. Hundreds of millions of people in India today live in rural areas. Most of them don’t have a credit score. The professions they work on — largely farming — aren’t considered a business by most lenders in India. These farmers and other professionals also don’t have a documented credit history, which puts them in a risky category for banks to grant them a loan. Much of the credit these people do raise ends up getting invested in unproductive usage, which leads to higher interest and default rates. Three-year-old Mumbai-headquartered Jai Kisan is attempting to address this by treating farmers and other similar professionals as businesses instead of consumers. The startup has developed its own system — which it calls Bharat Khata — that is

Former marathon champion Loroupe calls for ban on high-tech shoes

Athletes using new running shoe technology to set records are "cheating", Kenya's former marathon world record holder Tegla Loroupe said as debate continues to rage over whether high-tech footwear give runners an unfair advantage. from Gadgets Now https://ift.tt/2SGL3rE

Amazon pressed for racial equity review after strong vote tally

The call for the racial equity audit received the highest level of support among 11 shareholder proposals at Amazon's annual meeting on Wednesday. from Gadgets Now https://ift.tt/3p4r0iV

Egypt bets on ancient finds to pull tourism out of pandemic

Workers dig and ferry wheelbarrows laden with sand to open a new shaft at a bustling archaeological site outside of Cairo, while a handful of Egyptian archaeologists supervise from garden chairs. The dig is at the foot of the Step Pyramid of Djoser, arguably the world's oldest pyramid, and is one of many recent excavations that are yielding troves of ancient artifacts from the country's largest archaeological site. from Phys.org - latest science and technology news stories https://ift.tt/3fELVq1

Official: Chinese astronauts go to space station next month

A three-member crew of male astronauts will blast off next month for a three-month mission on China's new space station, according to a space official who was the country's first astronaut in orbit. from Phys.org - latest science and technology news stories https://ift.tt/3vB6iK6

Indian logistics giant Delhivery raises $277 million ahead of IPO

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Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. In a regulatory filing, the Gurgaon-headquartered startup disclosed it had raised $277 million in a round led by Boston-headquartered investment firm Fidelity. Singapore’s sovereign wealth fund GIC, Abu Dhabi’s Chimera, and UK’s Baillie Gifford also participated in the new round, a name of which the startup didn’t specify. The new round valued the 10-year-old startup at about $3 billion. Delhivery — which also counts SoftBank Vision Fund, Tiger Global Management, Times Internet, The Carlyle Group, and Steadview Capital among its investors — has raised about $1.23 billion to date. The startup didn’t comment on Sunday. Delhivery began its life as a food delivery firm , but has since shifted to a full suite of logistics services in over 2,300 Indian cities and more than 17,500 zip codes. It is

For startups, trustworthy security means going above and beyond compliance standards

Oren Yunger Contributor Share on Twitter Oren Yunger is an investor at GGV Capital , where he leads the cybersecurity vertical and drives investments in enterprise IT, data infrastructure, and developer tools. He was previously chief information security officer at a SaaS company and a public financial institution. More posts by this contributor 6 CISOs share their game plans for a post-pandemic world Cybersecurity is a bubble, but it’s not ready to burst When it comes to meeting compliance standards, many startups are dominating the alphabet. From GDPR and CCPA to SOC 2, ISO27001, PCI DSS and HIPAA, companies have been charging toward meeting the compliance standards required to operate their businesses. Today, every healthcare founder knows their product must meet HIPAA compliance, and any company working in the consumer space would be well aware of GDPR, for example. But a mistake many high-growth companies make is that they treat compliance as a catchall phrase