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Chinese tech giant Huawei has announced that it generated 455.8 billion yuan (about $71.3 billion) in sales revenue in the first three quarters of 2021 with the net profit margin at 10.2 per cent. from Gadgets Now https://ift.tt/317WRaz

Amazon India said it has seen the highest number of customers shopping on its platform "than ever before", with 79 per cent of new customers coming from tier II and III towns like Ernakulam and Guntur. from Gadgets Now https://ift.tt/3BrAMQQ

Australian cyberbullies could have their online accounts banned under strict world-first laws. from Gadgets Now https://ift.tt/3Ev0RjZ

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Roblox, the gaming platform that is immensely popular amongst young players, said on Twitter Sunday evening that it is back online worldwide. Roblox is back online everywhere! Thank you for your continued patience as we get back to normal. — Roblox (@Roblox) October 31, 2021 The recovery came after an outage that lasted three days , a somewhat rare streak of blackout for a tech firm of Roblox’s colossal size. The company said earlier that the cause was an “ internal system issue .” “A core system in our infrastructure became overwhelmed, prompted by a subtle bug in our backend service communications while under heavy load,” David Baszucki, Roblox’s founder and CEO explained in a post after operations were restored. “This was not due to any peak in external traffic or any particular experience. Rather the failure was caused by the growth in the number of servers in our datacenters. The result was that most services at Roblox were unable to effectively communicate and deplo...

On the last Gang recording session in early October before the birth of our first grandchild, I tried to stir the pot by attacking Democratic Progressives for capsizing the second of two Infrastructure bills. The moderates, led by the recalcitrant Joe Manchin and his silent sidekick Kyrsten Sinema, were successfully gumming up the Democrats’ best chance for holding control of the House and perhaps Senate. What else is new, you say? In tech news, Facebook was busily exploiting the tone deaf policy of getting slightly irritated with growing pressure from whistleblowers, former venture capital critics who built their careers on the company’s early success, and a two-fisted teamup from a Congress in over its head and the media looking for a good story to replace Donald Trump’s devolution as credible threat. Today, Facebook ads talk of reforming Section 230 and otherwise providing rules for the company to follow. Infrastructure bingo has whittled down the cost by 60%; the plan is to get i...

The years from 2015 to 2021 are on track to be the seven hottest on record, the World Meteorological Organization said on Sunday, warning that the planet was heading into "uncharted territory". from Phys.org - latest science and technology news stories https://ift.tt/3CzbYYD

Global COP26 climate negotiations are the "last, best hope" to keep the goal of limiting global warming to 1.5C alive, said summit president Alok Sharma as he opened the meeting on Sunday. from Phys.org - latest science and technology news stories https://ift.tt/3EzxyN0

The G20 major economies committed on Sunday to the key goal of limiting global warming to 1.5 degrees Celsius, but disappointed leaders warned more was needed to make a success of UN climate talks beginning in Glasgow. from Phys.org - latest science and technology news stories https://ift.tt/2Y5Tpwa

A volcano on the Spanish island of La Palma that has been erupting for six weeks spewed greater quantities of ash from its main mouth Sunday, a day after producing its strongest earthquake to date. from Phys.org - latest science and technology news stories https://ift.tt/3brvpq6

Taiwan's ProLogium Technology Co has raised a total of $326 million in its latest funding round from Primavera Capital Group, SoftBank China Venture Capital and others, that likely valued the solid-state lithium battery maker at $2-$3 billion. from Gadgets Now https://ift.tt/3mti9rx

Two 19-year-old entrepreneurs, who have previously collaborated on a number of projects including a ride-hailing commute app for school kids and last year left Stanford to pursue a new startup, said on Sunday they have raised $60 million to disrupt India’s overcrowded and highly-competitive grocery delivery market. Glade Brook Capital led the six-month-old app Zepto’s first institutional financing round, the startup’s founder and chief executive Aadit Palicha told TechCrunch in an interview. Nexus and Y Combinator as well as angel investors Lachy Groom, Neeraj Arora, and Manik Gupta participated in the round — which according to two people familiar with the matter values Zepto between $200 million and $300 million. Zepto , which has largely operated in stealth mode until today, has been the talk of the town for the past four months. The startup, whose name playfully uses a mathematical term to describe the business, offers a 10-minute grocery delivery service, beating many of it...

Kathryn Kosmides Contributor Share on Twitter Kathryn Kosmides is a survivor of gender-based violence and the founder of nonprofit background check Garbo . Facebook whistleblower Frances Haugen’s message about Instagram’s impact on teenage girls was unequivocal: Facebook’s studies found that 13% of British teens said Instagram prompted thoughts of suicide, and 17% of teen girls say Instagram makes eating disorders worse. These statistics, however, are only one part of the bigger picture when it comes to the general safety of teenagers online. It’s estimated that there are over 500,000 sexual predators active on the internet each day. In 2020, there were over 21.7 million reports of suspected child sexual exploitation made to the National Center for Missing & Exploited Children’s CyberTipline. Online enticement reports — which detail when someone is communicating with a child via the internet with the intent to exploit them — increased by more than 97% from the yea...

Angel investing has traditionally been mostly open to men, who travel in certain circles and have access to certain networks, but Amanda Robson, a principal at Cowboy Ventures, is attempting to change that by building an informal network of women and non-binary folks who have the means to write checks, but for whatever reason have not been able to easily move into this type of investing. Robson says that when it comes to angel investing, women and non-binary people have been left out. “I had a number of friends who had recently within the past couple of years become VP-level at different companies, and they had an interest in angel investing, and they had the means to at that point, but they didn’t have access,” she said. That was in contrast to males in a similar position. “They found that a lot of their male counterparts who were also execs or male founders were getting pinged by their VC friends to join in on deals, and they weren’t getting the same treatment,” she said. Robson ...

African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. Summer batch graduate ShipBlu is the latest on that list and confirmed to TechCrunch that it has raised $2.4 million in seed funding . The company, founded by Ali Nasser , Ahmed ElKawass , Abdelrahman Hosny in 2020, operates a delivery and fulfilment model. It delivers packages of all kinds for merchants and retailers — ranging from mom and pop stores and social media to fashion retailers who make thousands of shipments and international brands — to customers in Egypt. On the fulfilment side, ShipBlu stores merchants’ products in warehouses it leases. Then it connects with merchants’ online stores and monitors orders via a dashboard, so when they come in, ShipBlu picks and packs the orders from the warehouse and sends them to the customers. ShipBlu charges its customers per package, depending on two standard sizes, destination and shi...

A fireworks show that has nothing to do with the Fourth of July and everything to do with the cosmos is poised to be visible across the northern United States and Europe just in time for Halloween. from Phys.org - latest science and technology news stories https://ift.tt/2ZzS01a

SpaceX has bumped its next astronaut flight for NASA until Wednesday because of rough wind and waves hundreds of miles away. from Phys.org - latest science and technology news stories https://ift.tt/3bwjZBq

Google account gives you that added bit of privacy that could go a long way in keeping your Google account hidden from the eyes of hackers. The lesser your Google account associations with third-party applications, the better your chances at getting less exploited by hackers via third-party apps on the Google platform. You could check for and remove third-party app access to your account in three ways- from Gadgets Now https://ift.tt/3eOHmHW

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China's market regulator on Friday proposed a long list of responsibilities it said it wanted the country's internet platforms to uphold, in the latest effort by Beijing to establish an oversight framework for its technology sector. from Gadgets Now https://ift.tt/3nG0Brz

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There’s a new venture studio in the world that looks rather different from earlier venture studios from a structural standpoint. Unlike renowned outfits like Atomic or Science or Expa that create companies that then sell equity to VCs who expect that equity to rise in value, this new studio, SuperLayer , plans to spin up consumer projects then instead of sell equity to VCs, it will invite the communities that use these products that invest in them by acquiring tokens, which can then be bought or sold or used to participate in other projects. Indeed, in the case of SuperLayer, the tokens might all look a bit different, but they will all be tied to a blockchain network called Rally that SuperLayer’s founders created earlier and want to help popularize by creating more interesting apps atop it. It’s part of what early crypto adherents have labeled Web3 and describe as the internet owned by the builders and users and orchestrated with tokens . It’s also a world that many venture firms co...

from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

Jonathan Greechan Contributor Share on Twitter Jonathan Greechan is CEO and co-founder of the world's largest pre-seed accelerator, Founder Institute . More posts by this contributor Do you fit the mold for the next generation of values-driven VCs? These best practices maximize the value of your online events Earlier this year, a report from the EU showed that 42% of companies exaggerate their level of sustainability. This “greenwashing” is now so prevalent that one organization has launched a platform to calculate businesses’ true environmental impact and avoid misleading marketing. Today’s global impact investment market is valued at $715 billion and growing. But as VCs, angels and celebrities rush to put their dollars in businesses that do good, they’re not doing sufficient due diligence. For some founders, tying themselves to impact is a way to play into trends and get noticed by investors. It’s why some people identify themselves as an “impactpreneur.” ...

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Is Southeast Asia about to hit an inflection point for tech startups? Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the population over the age of 15 in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam will be digital consumers. “As per Jungle Ventures’ calculations, the total value of the region’s digital companies is around $340 billion today and is estimated to grow to $1 trillion by 2025,” says founding partner Amit Anand . Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. E-commerce, fintechs and the rapid digitization of the region’s SME workforce are a few of the factors reshaping the landscape for Southeast Asia’s startups, but supply chain technology is also a major opportunity, Anand says. “With new deals and intentions to list in the U.S. being announced more frequently, the region sh...

from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here . Hello and welcome to Daily Crunch for October 29, 2021. If you feel a little snowed-under after all the news from the week, we understand. This week saw Facebook change its name, new hardware from Google and Samsung, Apple laptops reviews, Sequoia revamping its entire structure, Big Tech earnings, issues at Ro, and eighty-eleven startup funding rounds and product launches. But we made it through, so let’s go back over today’s biggest news and then get right into this weekend! — Alex The TechCrunch Top 3 Public cloud revenues reach $45B:   In the third quarter, the value of public cloud revenues from Google, Microsoft and Amazon hit $45 billion, a figure good for a $180 billion run rate. That figure underscores how far the cloud has come in recent years and represents spend from a host of companies big and small, tech and otherwise. TechCrunch d...