• 28
    May

    Google and Microsoft reportedly considering stakes in telecom firms in India after Facebook deal

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    Weeks after Facebook acquired a 9.9% stake in India’s Reliance Jio Platforms, two more American firms are reportedly interested in the Indian telecom market. Google is considering buying a stake of about 5% in Vodafone  Idea, the second largest telecom operator in India, according to Financial Times. Separately, Microsoft is in talks to invest up to $2 billion in Reliance Jio Platforms, Indian newspaper Mint ...
  • 28
    May

    Italy’s Commerce Layer raises $6M led by Benchmark for its headless e-commerce platform

    In the world of commerce, the last few months have underscored the fact that every retailer, brand and entity that sells or distributes something needs to have a digital strategy. Today, one of the startups that’s built a platform aimed at giving them more control in that process is announcing a Series A to continue expanding its business. Commerce Layer, ...
  • 28
    May

    Video news startup Stringr raises $5.75M from Thomson Reuters and others

    Stringr, a video-focused startup that says it can help news organizations adapt to the challenges of COVID-19, is announcing that it’s raised $5.75 million in new funding. When I wrote about the the company at the end of 2015, it was creating a marketplace that connected news organizations with videographers who could provide them with news footage. Since then, co-founder and CEO ...
  • 27
    May

    Google removes millions of negative TikTok reviews amid backlash in India

    ByteDance’s  TikTok app, which has gained hundreds of millions of users in India with its short-form videos, is facing criticism in its biggest overseas market after disturbing videos surfaced on the platform. Phrases such as BanTikTok, DeleteTikTok, and BlockTikTok have trended on Twitter in India in the past three weeks after numerous users expressed disgust over some videos that were circulating ...
  • 27
    May

    Apple begins offering Macs with custom configurations in India

    Apple is finally giving customers in India the ability to order customized versions of iMac, MacBook Air, Mac Mini and other Mac computers. The Cupertino-giant has started to offer a full-range of the Mac portfolio with configure-to-order (CTO) or build-to-order (BTO) option in India, allowing customers in the country to request specific custom needs such as additional memory or storage ...
  • 27
    May

    Coinbase to acquire Tagomi to improve institutional trading offering

    Cryptocurrency exchange company Coinbase has announced plans to acquire Tagomi, an advanced cryptocurrency brokerage platform specifically targeted at professionals and institutional investors. Terms of the deal are undisclosed and the acquisition is still pending regulatory approval. While Coinbase is a well-known name for retail investors who are just getting started in the cryptocurrency space and want to buy some bitcoins, the company has been ...
  • 26
    May

    Jabra’s Elite Active 75t earbuds offer great value and sound for both workouts and workdays

    Technology improvements over the past few years mean that most fully wireless earbuds are a lot better than they used to be. That has led to something of a narrowing of the field among competitors in this arena, but some of the players still stand out – and Jabra have definitely delivered a standout performer with its newest Elite Active 75t fully ...
  • 26
    May

    Bolt, the European on-demand transport company, raises $109M on a $1.9B valuation

    Bolt, a rival to Uber and others providing on-demand ridesharing, scooters and other transportation services across some 150 cities in Europe and Africa, is today announcing another capital raise as it weathers a difficult market climate where, because of COVID-19, many are staying in place and avoiding modes of transport that put them into contact with others. The Estonia-based company ...
  • 26
    May

    India’s contact tracing app is going open source

    India said it will publicly release the source code of its contact tracing app, Aarogya Setu, in a relief to privacy and security experts who have been advocating for this ever since the app launched in early April.  Ajay Prakash Sawhney, secretary in the ministry of electronics and information technology, made the announcement on Tuesday, slating it as “opening the heart” of ...
  • 20
    May

    Indian ride-hailing firm Ola cuts 1,400 jobs

    Ola said on Wednesday it is cutting 1,400 jobs in India, or 35% of its workforce in the home market, as the ride-hailing firm works to reduce its expense to steer through the coronavirus pandemic that has severely impacted mobility companies in the country. Bhavish Aggarwal, co-founder and chief executive of Ola, shared the job elimination update with the team ...