Category: Technology
letsshave: Wipro venture arm raises stake in personal care startup LetsShave
[ad_1] Wipro Consumer Care Ventures has picked up an additional stake in Chandigarh-based personal care company LetsShave for an undisclosed amount. Following the latest funding round, Wipro and South Korea-based Dorco, one of the largest razor manufacturers globally, together own a 25% stake in LetsShave. With this investment, the startup has now raised a total ...
Apple seeks ‘concrete reason’ to take down banned betting apps; Silicon Valley’s Tribe Capital eyes $250 million India fund
[ad_1] Apple has told the Indian officials that it needs “concrete reason or a legal requirement” to fully comply with its directive to disable betting apps from its App Store. This and more exclusives in today’s ETtech Morning Dispatch. Also in the letter:■ Slowdown hits used car startups■ A bunch of startups buck trend to ...
binance: Binance names Richard Teng as head of regional markets outside US
[ad_1] Binance has appointed Richard Teng to head its regional markets outside the United States, at a time when the world’s largest cryptocurrency exchange has been facing scrutiny from U.S. regulators over compliance issues. Teng, who revealed his promotion on his LinkedIn profile, is already heading regions like Asia, Europe and the Middle East. He ...
laundrymate: Bigbasket cofounder’s LaundryMate raises $6.25 million in funding from Blume Founders Fund, others
[ad_1] LaundryMate, an online laundry services startup founded by Bigbasket co-founder Abhinay Choudhary, said on Monday that it raised Rs 50 crore ($6.25 million) in a pre-series-A funding from the Blume Founders Fund and multiple angel investors. These included Ola cofounder Ankit Bhati, Boston Consulting Group managing partner Deepak Goyal, Trilegal cofounder Karan Singh and ...
Nvidia Revenue: AI boom, data centres and ChatGPT take chipmaker Nvidia’s market cap close to $1 trillion
[ad_1] Last week, US chipmaker Nvidia became $184 billion more valuable – bringing it to the verge of a $1-trillion market capitalisation (mcap) – after blowing past Wall Street’s quarterly sales expectations largely due to a surge in demand for artificial intelligence (AI) Nvidia projected quarterly revenue more than 50% above the average Wall Street ...
China urges Japan to stop imposing chip export controls
[ad_1] Chinese commerce minister Wang Wentao was quoted as saying that Japan had ignored China’s strong opposition and opinion within the industry and that its actions “seriously violated” international economic and trade rules. [ad_2] Source link
china social media post crackdown: China deletes 1.4 million social media posts in crackdown on ‘self-media’ accounts
[ad_1] China’s cyberspace regulator said 1.4 million social media posts have been deleted following a two-month probe into alleged misinformation, illegal profiteering, and impersonation of state officials, among other “pronounced problems”. The Cyberspace Administration of China (CAC) said it had closed 67,000 social media accounts and deleted hundreds of thousands of posts between March 10 ...
neuralink: Key facts about Neuralink, Elon Musk’s cyborg gamble
[ad_1] Neuralink, Elon Musk‘s brain-implant company, has won US approval to test on humans. Here is what to know about the multi-billionaire’s dream project to enable the human brain to communicate directly with computers. Cyborg future? Neuralink is a neurotechnology company co-founded by Musk along with a team of scientists and engineers in 2016 to ...
breton: Twitter cannot hide from EU rules after exit from code, EU’s Breton says
[ad_1] Twitter cannot run away from its obligations even after quitting a voluntary EU code of practice to tackle disinformation, EU industry chief Thierry Breton warned the company late on Friday. Companies which signed up to the code are required to provide regular progress reports with data on how much advertising revenue they had averted ...