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World news
H20.ai raises US$100 million in Series E funding; key things to know
November 09, 2021 02:28 AM GMT| By AshishHighlights ai has raised US$100 million in a funding round led by the Commonwealth Bank of Australia (CBA). ai’s platform, the H2O AI Cloud, works with an aim to simplify the work related with machine learning projects. The.....
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US stocks close higher as tech, material stocks gain
November 08, 2021 09:49 PM GMT| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, Nov 8, lifted by gains in basic material and tech stocks and an upbeat economic outlook after lawmakers passed a US$1 trillion infrastructure bill. The S&P 500 was up 0.09% to 4,701.70. The Dow Jones...
Avenue bank raising A$12 million fresh capital
November 08, 2021 10:04 AM GMT| By Sonal GoyalHighlights Avenue Bank to raise fresh capital of AU$12 million as it aims at targeting small businesses that are not satisfied with large banks. In order to attract additional investors, the company is undertaking a B2 round of AU$12 mill.....
Una Brands secures US$20 million in Series A funding
November 08, 2021 10:01 AM GMT| By SamtaHighlights The e-commerce acquirer – Una Brands, has completed a US$20 million Series A. Since the launch, the brand has acquired over 15 brands and owns seven offices worldwide. Una buys those retailers who are primarily selling a.....
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US administration sanctions NSO Group over Pegasus spyware
November 08, 2021 05:55 AM GMT| By Toshiva JainIn a world driven by technological advancements, several opportunities and challenges come along the way. Technology has both pros and cons; and sometimes the cons overpower. Thus, stringent policies are needed to safeguard the running syst.....
What is Pi Network all about?
November 08, 2021 05:51 AM GMT| By Jasmine AnandA digital currency project which is quickly catching the attention of crypto investors is the Pi Network. Founded in 2018 by a group of Stanford graduates, the Pi Network provides solutions to mint profits by mining crypto coins just by using a mo.....
From gaming to enterprise, what’s Big Tech's approach for metaverse?
November 06, 2021 01:09 PM GMT| By Mohammad ZaidThe metaverse, a concept recently promoted by Facebook co-founder Mark Zuckerberg, has been the talk of the town since the Company announced its name change. Facebook might seem to have used the first mover’s advantage in bringing the virtual.....
Rivian IPO: Things you should know about this EV maker’s listing plan
November 06, 2021 03:44 AM GMT| By Suhita PoddarHighlights EV start-up Rivian is planning a market float of size of US$ 8.4 billion. The start-up is expecting to have a market valuation of about US$ 53 billion. The company’s IPO price range is set between US$ 57 and US$ 62. US-ba.....
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Why are tech titans pulling out of China?
November 05, 2021 01:35 PM GMT| By Manisha“Free and open internet” – all of us use it every single day. But it surely doesn’t go well with the Chinese government. Internet is not so free and open in China, neither for users nor for tech companies providing services .....
Border reopening and rise in vaccination rate breathe new life into Aussies
November 05, 2021 03:07 AM GMT| By SamtaHighlights Australia welcomed travellers after 20 months of closed borders on Monday. A total of 88.9% population over the age of 16 have had at least one dose of recognised COVID-19 vaccines in Australia. Australia welcomed travellers aft.....
Countries To Travel As Australian Border Reopens
November 04, 2021 08:27 AM GMT| By SamtaHighlights On Monday, Sydney’s international airport came alive as Australia’s borders opened for the first time in the last 20 months. The fully vaccinated Aussies can travel abroad without restrictions with reduced quarantine requ.....
Goodbye, Facebook's facial ID system!
November 03, 2021 12:01 PM GMT| By Aditi SahaHighlights Facebook’s first strategic action on rebranding to Meta is to remove its 10-year-old facial recognition system. Facebook's controversial face recognition feature has been turned off, so the social media platform will no l.....
Tether: Is it one of the low-cost and less volatile cryptocurrencies?
November 03, 2021 06:05 AM GMT| By Jasmine AnandBroadly speaking, fiat currencies are nothing but dollars, yen, etc., which are issued by the government. When talking about stablecoins, these are the electronic version of fiat currencies in the blockchain world. In this article, we discuss Teth.....
Facebook is banking heavily on metaverse; what are others up to?
November 03, 2021 05:47 AM GMT| By AshishHighlights Facebook’s latest move of changing its corporate name to Meta has sent shockwaves through the global tech sector. Metaverse refers to a shared virtual environment and is expected to be a successor to the mobile internet. Besid.....
Wall Street closes at record high as earnings lift mood
November 02, 2021 10:15 PM GMT| By Sanjeeb BaruahBenchmark US indices continued their rally on Tuesday, November 2, bolstered by gains across stock segments as strong quarterly earnings of companies lifted the market sentiments. The S&P 500 was up 0.37% to 4,630.65. The Dow Jones rose 0.39% to...
Would Bitcoin Cash (BCH) see a turnaround anytime soon?
November 02, 2021 05:04 AM GMT| By Jasmine AnandCreated in 2017, Bitcoin Cash is a famous altcoin or a spin-off of the world's largest cryptocurrency, Bitcoin. Of late, the crypto has not been performing well, and is now looking at bullish forces for its revival. Though at times, it tends to sh.....
US indices gain on upbeat quarterly earnings, economic outlook
November 01, 2021 09:53 PM GMT| By Sanjeeb BaruahBenchmark US indices closed the first day of the month on Monday, Nov 1, with a buoyant note as stocks saw gains across all industry groups on upbeat quarterly earnings and economic outlook. The S&P 500 was up 0.18% to 4,613.67. The Dow Jones ro...
Do crypto wallets like BitPrime work in NZ?
November 01, 2021 06:11 AM GMT| By Jasmine AnandCryptocurrencies continue to sell like hotcakes and are not just about Bitcoin alone. Hundreds of other cryptos with distinct features have emerged and crypto investors are now investing their money in newer currencies like Doge, Ripple, Litecoin, .....
Where to travel as COVID-19 continues
November 01, 2021 04:36 AM GMT| By Sukriti NairHighlights International tourism is seeing signs of a rebound. The uptick in new COVID-19 variant infections is worrisome. Vaccines and economic resilience are dividing the world into best and worst. The pandemic is far from over, and new.....
Businesses post better-than-expected growth in Britain
October 31, 2021 07:02 AM GMT| By Ankit SethiBusinesses in Britain showed signs of growth in the three months ending October, the Confederation of British Industry (CBI) confirmed on Sunday, October 31, 2021. Better recovery, better GDP growth Though supply chain disruptions and a resurgenc.....
