Insurtech companies in India raised $1.33 billion in 2021 and $304.8 million a year earlier, becoming one of the three biggest insurtech fundraisers in Asia, according to a new report. Mainland China-based insurtechs raised $673.7 million in 2021 and $1.42 billion in 2020. While insurtech… Read More »India, China lead Asia’s insurtech industry rise: Report
Meta, formerly known as Facebook, is adding a new Slack-like “@everyone” functionality that will notify all participants in a chat about a new message. When you start a message with @everyone, all participants in the chat will be notified. @everyone is perfect for group reminders,… Read More »Meta brings Slack-like shortcuts to Messenger
Leading merchant commerce platform Pine Labs on Wednesday said it has raised $50 million from Vitruvian Partners, a London-headquartered international investment firm. Pine Labs serves large, mid-sized, and small merchants across India and Southeast Asia, and is expanding its Buy Now Pay Later (BNPL) offering… Read More »Pine Labs raises $50 mn, to expand BNPL offering in Southeast Asia
Motorola has emerged as the third-largest smartphone brand in the US for 2021 for the first time, as it gained from LGs decline. According to Counterpoint Research, this is the first time ever that Motorola, with over 10 percent market share, has become the third… Read More »Motorola becomes the third-largest smartphone brand in the US for 1st time
Girls and boys might be more vulnerable to the negative effects of social media use at different times during their adolescence, according to a study. In a study published in the journal Nature Communications, the researchers show that girls experience a negative link between social… Read More »When are girls and boys most vulnerable to social media?
Tesla CEO Elon Musk has announced that the electric vehicle company’s head of AI, Andrej Karpathy, is on a four-month sabbatical, and people are worried since other Tesla executives have left after going on sabbatical. The news comes as Tesla expands its Full Self-Driving (FSD)… Read More »Tesla’s head of AI has left for a four-month sabbatical
As we just discovered via a Twitter leak, it seems the Chinese smartphone giant, Xiaomi is gearing up to unveil the most powerful Redmi Note device – the Redmi Note 11 series. The smartphone giant teased the arrival of the gadget under the Redmi Note… Read More »Xiaomi to unveil the most powerful Redmi Note 11 series by March-end
Twitter, which has seen its tech team in India grow over 150 percent last year from 2020, is further expanding the teams under new CEO Parag Agrawal — in order to build more products locally and take those to the world, top company executives said… Read More »Twitter doubles its India tech team to create products for the world
Tech giant Google is reportedly working on a Face Unlock feature for Pixel 6 and Pixel 6 Pro smartphones. According to a noted XDA Forum contributor, the new Android 12 Quarterly Platform Release Beta 1.1 build contains a new change that references the face unlock… Read More »Google Pixel 6 series could get face to unlock support in future updates
Reports have revealed today that the British multinational investment bank and financial services, HSBC, and the American multinational technology corporation, IBM are currently working together on exploring applications for quantum computing in financial services. The new three-year partnership aims to strengthen HSBC’s quantum computing capabilities… Read More »HSBC partners IBM to accelerate quantum computing readiness
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