Business
All the latest news from the world of e-commerce, IPOs, acquisitions and latest trends from the world of the tech business.
Apple
Trump made false claims while visiting Mac Pro manufacturing facility in Austin, Texas
In a recent visit to Apple's manufacturing plant, Mr. President made false claims to give shallow justification to his economic policies. Perhaps, Donald Trump is personifying that betrayal is the heart of politics. Trump tweeted, Today, I opened a major Apple Manufacturing plant in Texas that...
Startups
$4 billion cash acquisition deal between PayPal and Honey
Online payments and money transfer platform PayPal Holdings, Inc has made an agreement with Honey Science Corp, a company that owned Chrome extension honey which helps find the best deals, coupons, and rewards while you are doing online shopping and apply the maximum...
Startups
Bunch raises $3.85 million from SuperCell, Tencent, and Riot Games for social gaming
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Bunch, a soical gaming party app, which allows you to play your favorite games with friends in a group with a video chat, has raised $3.85 million in funding from gaming giants like Supercell, Tencent, Miniclip, Riot Games, and Colopl Next. Before the fresh funding,...
Startups
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...
Apple
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
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...
Business
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...
Business
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...
Android
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...
Gadgets
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...
Latest News
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In 2024, several AI systems encountered significant gaffes. Chatbots provided misleading information on sensitive topics, and AI generated racially insensitive images. These incidents demonstrated the potential for serious consequences when...