Amazon’s Fire TV search has new AI, but needs improvement
Finding movies to watch with the whole family on today’s huge content store is a challenge. Thanks to suggestions from friends, blog posts, and even TikTok videos about old movies, finding the right content for the whole family including husband, wife, and two teenagers on your own is still a task. impossible. So when Amazon […]
Cloover provides financial support to solar power installers, promoting the adoption of renewable energy
Previously, electricity prices skyrocketed due to the war situation in Europe, causing increased demand for solar panel installation. However, electricity prices have now dropped and solar panel installers are having to spend more on marketing to attract customers. One of the effective ways to win more customers is to provide financial solutions. But small installation […]
Venture capital fund “turn the wheel”: Support rival startups instead of just focusing on profits
Uncork Capital , one of the preeminent seed-stage venture capital funds in the San Francisco Bay area, celebrated its 20th anniversary. The ceremony took place at a renovated church in the SoMa area of San Francisco, with the participation of 420 guests. Attendees reviewed the ups and downs of the venture capital industry, shared experiences, […]
Zypp Electric – Indian electric vehicle startup “landing” in Southeast Asia
Zypp Electric, an Indian startup, has just received a new investment from Japanese energy group ENEOS. This money will be used by Zypp to expand its electric car rental service to Southeast Asia early next year. Zypp’s goal is to be present in 15 markets in the next 2 years. To start, Zypp will select […]
Billionaire Ambani heads to Africa with telecommunications venture
Mukesh Ambani, Asia’s richest man, is entering Africa’s telecommunications market with the ambition of conquering mobile broadband customers in a rapidly growing market. Radisys , part of the Reliance Industries group run by Mr. Ambani, will provide key network infrastructure, applications and smartphones to Next-Gen InfraCo (NGIC), headquartered in Ghana. NGIC is expected to begin […]
Alibaba issues record convertible bonds of 4.5 billion USD to buy back shares
Alibaba, China’s leading e-commerce company, has just raised 4.5 billion USD through convertible bonds – this is the largest amount of USD-denominated bonds ever issued by an Asian company. This money will be used to buy back shares and invest in areas such as artificial intelligence. This bond has an interest rate of 0.5% and […]
Google built the first submarine fiber optic cable connecting Africa and Australia
Google, part of Alphabet Inc., is building the first undersea fiber optic cable connecting directly between Africa and Australia. This will greatly improve the quality of internet access in one of the world’s least connected regions. This cable route is called Umoja, built after Google ‘s Equiano cable (the cable connecting Africa to Europe). According […]
Foursquare downsizes operations, lays off 105 employees
Foursquare, the location-based company once famous for its “check-in” feature on iPhones, laid off 105 employees on Thursday. This is part of their efforts to “tie up” operations and “put the company on a more sustainable financial footing”. Affected employees will no longer have access to the system. CEO Gary Little has not commented further […]
Google poured 350 million USD into Indian e-commerce giant Flipkart
Technology giant Google will invest nearly $350 million in Flipkart, becoming one of the latest big names to support the Indian e-commerce company owned by Walmart. According to Flipkart ‘s brief announcement, in addition to the investment, Google will also provide cloud computing services to the company. This deal is part of a nearly $1 […]
Synapse collapses, 10 million users at risk
The financial technology (Fintech) startup market, which boomed in 2021, is now facing many difficulties, especially in providing banking services to third parties (Banking-as-a-Service, BaaS). . The most notable event was the BaaS company Synapse declaring bankruptcy. This incident shows the fragility of the Fintech ecosystem when an important link has problems. Synapse provides a […]
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