Business

African fintech startup Opera’s OPay received $120 million in funding from Chinese investors

Incubated by Opera, famous for its web browser, Africa-based startup OperaPay, widely known as OPay, has gained $120M from the Chinese investors in series B round. Along with PalmPay, OPay is now one of the most funded fintech startups in Africa. Series B investors included Chinese local life...

Donald Trump to visit Apple’s manufacturing plant in Texas on November 20

President Trump will be visiting Apple's Mac Pro factory in Austin on Wednesday, 20th November. Apple announced in September that the latest Mac Pro dubbed as cheese grater will be manufactured in Texas, the same facility where Mac Pro had been made since 2013. The Trump...

Huawei all set to reveal its MatePad Pro

Huawei executive director and CEO of business group Richard Yu shared on the Chinese social microblogging network Weibo that they would be unveiling new Mate series products on Nov 25. He announced the news by sharing the poster from his Weibo account.  Mr. Yu didn’t reveal...

D1 Capital Partners making big bets on FAANG Stocks

Dan Sundheim's D1 Capital Partners strengthened its position in Amazon by injecting $588 million during the third quarter, according to regulatory filings released Thursday. The hedge fund, which is investing heavily in FAANG (Facebook, Amazon, Apple, Netflix, and Google), also increased its stake in...

Uber to pay $650 million employment tax bill to New Jersey

Uber considers its drivers as contractors and not as employees because it does not pay the drivers. Instead, they receive 20% from each trip. New Jersey Department of Labor and Workforce Development, however, is not convinced with that argument. The department has levied...

Motorola made users nostalgic with foldable Android RAZR

The Lenovo-owned company Motorola is going to release a new foldable RAZR Android smartphone in January 2020. Remember Hello, Moto!? Motorola aims to keep its ionic flip phone RAZR alive by integrating the popular Android OS and flexible display in it. This project went...

China’s DJI has come up with the app to track nearby drones

World’s largest drone manufacturing company DJI, has been working on technology that would allow smartphone users to keep track of nearby drones. To detect the presence of a drone, it should be within the range of 0.62 miles, i.e., 1 km.  The company has...

Google acquired medical data of millions under secret project ‘Nightingale’

Google has covertly acquired health care records of millions of patients, without their approval. It has been revealed that Google and Ascension, a Non-profit Catholic health care provider, were jointly involved in a secret data-gathering project called "Nightingale". The report was also quoted that neither the...

Regulators investigate Apple Card for gender discrimination

Apple's new credit card is under an investigation from financial regulators after a husband complained that the card's inbuilt algorithms discriminated against her wife. This incident happened when software developer "David Heinemeier Hansson" complained on the social media platform, Twitter, that the credit line...

Uber CEO termed Jamal Khashoggi murder ‘a mistake’

Dara Khosrowshahi, the Iranian born entrepreneur who became CEO of Uber in August 2017 succeeding founder Travis Kalanick, told the audience at the show that he believes the Saudi government made a mistake, which many see as being behind the heinous murder. He said...

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Building brand awareness through social media is the easiest way to get your brand name out there. And why shouldn’t they? Modern technology has put a great tool at their...