Two of China’s very popular mobile apps, Tencent’s WeChat and Ant’s Alipay have blocked the light-version app of Didi Global Inc’s ride hailing services in China for new users, said a source familiar with the matter at hand. Didi’s service continues to be available to users who have used them on the platforms earlier, said the…
On Tuesday, Pleo, a Danish fintech platform which offers expense management tool and smart company cards, said it had raised $150 million from U.S. investment firms Bain Capital Ventures and Thrive Capital in its latest funding round which valued it around $1.7 billion. The company has more than 17,000 customers across Denmark, Sweden, Germany, the…
Marketplace data shows, the non-fungible tokens (NFTs) market has surged to new highs during the second quarter clocking $2.5 billion in sales, up from just $13.7 million in the first half of 2020. An NFT is a crypto asset, representing an intangible digital item such as an image, video, or in-game item. Owners of NFTs…
In a statement the CEO of Kaseya. The US IT company that has been at the center of a massive ransomware attack saud, between 800 to 1,500 businesses around the globe have been affected by the ransomware attack. In an interview, the CEO of the Florida-based company said, it was hard to estimate the precise…
On Friday, in a report Nikkei Asia said, Apple Inc and Intel Corp have emerged as the first adopters of Taiwan Semiconductor Manufacturing Co’s next-generation chip production technology ahead of its deployment in 2022. Both tech companies are testing their chip designs with TSMC’s 3-nanometer production technology, said sources briefed on the matter. These chips will be available…
US Financial services firm Robinhood, which is at the center of Wall Street’s recent retail trading frenzy, disclosed that it plans on listing itself on Nasdaq in a regulatory filing. The notification sets the stage for one of the most hotly anticipated initial public offerings of the year.
Billionaire Elon Musk claimed that by August, an internet connection from anywhere except the poles should be provided by his Starlink satellite-internet system. His comments coincided with the announcement of Starlink’s rival OneWeb securing the funding that it deems would be required for completion of its first-generation constellation of 648 satellites. Small satellite receivers called…
A standalone newsletter product platform for free and paid articles and podcasts called “Bulletin” was launched by the social media giant Facebook Inc on Tuesday which is slated to compete with Substack. In a live audio room on Facebook, the launch of the new platform was announced by Facebook CEO Mark Zuckerberg. The new product…
Despite the Covid-19 pandemic has dealt a severe blow to the overall vehicles sales in Europe last year, there was a surge in sales of low-emission car sales and one in every nine new cars sold in in the region was an electric or plug-in hybrid vehicle, showed data released by the European Environment Agency…
A list of its products that users should keep at a “safe distance” away from medical devices such as pacemakers and implanted defibrillators was issued by the iPhone maker Apple. The list includes Apple’s models of iPhone 12 models, Apple Watch and MacBook Pro. Components such as magnets can be found inside many of the…
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