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This week in apps; major events you need to know.
Google’s new ‘multi-search’ attributes hint at AR glasses’ future Google introduced a new “multi-search” feature in April that provides a way to search the web with both images and text at the same time. On Monday, during Google’s I/O developer conference, the firm disclosed an expansion to the feature, termed “Multisearch Near Me.” This feature […]
ARIANEE secures $21 million to ownership NFTs using physical luxury goods
Arianee, an NFT company in France, has secured $21 million in funding during a series A round led by Tiger Global. With the amount, the company is set to partner with Sandbox on a project to boost customer relationship management (CRM) on the Metaverse. Arianee’s Ethereum NFTs have gone through testing and acquisition by several […]
Diversity and Inclusion in the Technology Industry: Perception v. Reality
A Harvard Business Review titled “To increase diversity, U.S. Tech companies need to follow the talent,” published on 4th December 2020, addresses the tech industry’s inherent diversity and inclusion problem. It states that tech companies have constantly had similar promises to bridge the gap between minorities, yet little success has been attained in this light. […]
APPLE dethroned by Saudi Aramco as the most valuable company
Saudi Arabian oil company, Aramco, has surpassed Apple by becoming the most valuable company. The development is a result of surging oil prices and increased shares while tech giant’s stocks keep plummeting. Aramco is Saudi Arabia’s national petroleum and natural gas company. Currently, it’s viewed as the largest oil company in the world. At the […]
Legaltech provider Evisort discloses $100 million in funding, led TCV
Evisort, a prominent company in contract management and analysis made a public announcement today over a $100 million capital raised in funding for the year. It also includes equity and ventures debt financing. The company develops AI-powered software for legal firms. And helps companies analyze contract proceedings and documentation. The project’s series C funding was […]
LUNA CRASHES FROM $100 to below $1
Today is a sad and tumultuous day for cryptocurrency investors, and enthusiasts as the price of the LUNA coin hits the slopes. Concurrently, the LUNA cryptocurrency has been losing a greater part of its value this week. On Tuesday, 50% of its value was lost. Today, the second arrow hit deeper. Over 90% has been […]
PocketLaw Secures €14M Deal with Atomico
PocketLaw, a legal Software-as-a-Service startup that focuses on SMEs, has signed a jurisdiction deal with Atomico for a Europe expansion. The €14M deal has bolstered the startup’s annual revenue. The deal also involves Ben Blume, a partner at Atomico joining the board as a part of the enterprise. PocketLaw makes it the 4th investment Atomico […]
How Russia and Ukraine are finding new ways to use tech in the war
From facial recognition to Musk’s use of SpaceX’s Starlink satellites, technology is being used in creative ways in the ongoing Ukraine war. People and companies are using technology to help end the war and save Ukrainian victims. Some big techs like Microsoft and Google have been indirectly involved in the war. While some target Moscow […]
UK’s big tech regulators to boost switching, cut killer acquisition
The regulatory body in the United Kingdom has unanimously decided to impose rights rules on tech giants. Tech giants like Google, Facebook, IOS, and the new giant baby, Meta would have to comply with the newly enacted British rules. After launching a committed component centered on digital marketing a year ago, the UK government will […]
Binance gets the first European Regulatory approval in France.
Binance, a Cryptocurrency exchange, has achieved a prominent milestone as the first trading platform to be registered in France. The company, which is the largest cryptocurrency exchange globally by trading volume, has been approved by the French regulators to operate its digital asset trading platform in the nation. It was officially reported on May 4, […]