Archive for April 2022
How French AI tech startup Mindsay was acquired by Chinese intelligent automation firm, Laiye
Laiye, also called robotic process automation and AI (artificial intelligence) provider, has bought French AI tech startup company, Mindsay. It was acquired to head the market shift to intelligent automation. The acquisition comes following Laiye’s $50 million investment in Africa, Europe, and the Middle East. The Laiye CEO, Ronen Lamdan, revealed that the acquisition would […]
The Metaverse is coming and the world is not ready for it
On October 28, 2018, Facebook’s Chief Executive Officer, Mark Zuckerberg announced the coming of Facebook’s Meta, or what we know as the Metaverse during the virtual Facebook Connect event. In this event, he regarded this latest development as the internet of the internet that would bring ultra reality to the doorstep of users. Of course, […]
North Korean hackers stole over $600 million in Crypto in a single hack- FBI.
On Thursday, the FBI said North Korean hackers stole over $600 million in Crypto in a single hack. The FBI blamed hackers linked with the North Korean government for stealing over $600 million in Crypto in March from a video gaming firm. For the FBI, this is the latest in a series of audacious hacks and cyber heists associated […]
Mercedes-Benz EQXX EV demo: The latest flex against Tesla
It seems that the Mercedes-Benz EQXX EV demo is set to flex muscle with Tesla, the Electric car giant. On Wednesday, Mercedes-Benz VISION EQXX brought on the International Auto Show in New York its Vision EQXX concept in a somewhat indirect and theoretical challenge to Tesla. The EQXX concept is newly returned from a European trip where […]
Umba raises $15M, aims to expand into 3 new African markets
Umba, a digital bank functioning in Africa, has raised $15 million in a bid to expand into 3 new African markets. This is coming after two years since the banking platform actualized a seed round of $2 million. The fintech company said it’ll bring accessible and transparent products to people underserved by legacy banks in […]
The transfer deal of EU-US data might be finalized by the end of 2022
The EU-US privacy shield was coined on 12th July 2016. The platform was aimed at enhancing the free flow of EU users’ data to companies within the US. EU-US privacy shield is a transatlantic platform for monitoring data transfers between the EU and the US. The EU issued some complaints about cross-border data protection. The […]
French tech scene: expectation and prediction in 2022
There has been a rapid growth of the French tech ecosystem in recent years. This is mostly due to an influx of top-notch young professionals, rising VC investments, and an ecosystem that promotes growth. La French Tech is one of the supporting movements attempting to promote the French tech scene. It has been working since its […]
Is artificial intelligence the future of writing?
It’s not new that the emerging artificial intelligence technology aims to take over the writing space. High-end and intermediate writers have expressed cynical views and even fears over the AI writing software introduction. For proponents of the AI writing application, it’s not so! According to them, the concept behind the creation is to help lessen […]
GoTo raises $1.5 billion in IPO to become Indonesia’s 4th most-valuable firm.
GoTo Group is an Indonesian tech startup and holding company formed in 2021 in a joint venture between Indonesia’s biggest tech companies, Gojek, an e-commerce company, and Tokopedia. In 2015, the two companies signed a deal that involved Gojek delivering Tokopedia’s products through its services. The merger between the two companies has raised $1.1 billion […]
US will build a case for Russia war crimes in ICC- Jake Sullivan
On Monday, the US national security adviser Jake Sullivan said that president Joe Biden would meet allies to ensure President Vladimir Putin and Russia pay the price for war crimes in Ukraine. Sullivan said this when speaking to reporters at the White House. According to him, he had yet to see any evidence that Russian […]