Popular video conferencing application Zoom has revealed the availability of auto-generated captions, often known as live transcription. During a Zoom video conversation, the auto-generated captions or live transcription tool enables automatic captioning. Previously, the feature was only available to premium Zoom Meetings and Zoom Video Webinars accounts. Zoom said that the feature has been rolled out to all users to help people with disabilities. “It’s important to us that everyone can successfully connect, communicate, and participate using Zoom. Without the proper accessibility tools, people with disabilities face tremendous barriers when…
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AI Based startup E42 raises $5.4 Mn
Light Information Systems, a Natural Language Processing AI-workforce startup, has raised $5.4 million in a Series A round headed by Pavestone Ventures. The startup’s no-code AI platform E42 enables companies to automate otherwise time-consuming and resource-intensive activities. Enterprise clients of Light Information Systems can create and customize “AI Co-workers” to handle a wide range of tasks ranging from customer service and human resources to corporate analytics and intelligence gathering. Clients of the startup vary in industries and sizes, from SMEs to Fortune 500 companies. Animesh Samuel and Sanjeev Menon founded…
Read MoreBollywood’s growing interest towards startups
Bollywood actress, producer, social worker Diya Mirza has joined Indian wooden toy startup Shumee as an investor and brand ambassador. Meeta Sharma Gupta’s Bengaluru-based D2C brand creates “development-friendly child-safe toys for kids up to the age of eight.” Shumee’s toys are designed in-house by their designers and handcrafted by local artisans out of wood, cotton, and other child-safe materials. Since its inception in 2016, the startup has sold over 200,000 toys in six countries. It sells directly through its website as well as through platforms such as Amazon. Speaking on…
Read MoreApple released iOS 15 with Shareplay feature on Monday
Apple released iOS 15.1 on Monday, the first major software update since September’s release of iOS 15. The latest iOS update comes with the release of macOS Monterey, Apple’s updated operating system for the Mac series. The iOS 15.1 update includes a variety of new features, including SharePlay support and a ProRes recording option for the iPhone 13 Pro and iPhone 13 Pro Max. Apple is finally releasing FaceTime’s brand new SharePlay feature with iOS 15.1. The new SharePlay feature is similar to co-watching TV shows or listening to music…
Read MoreFacebook made huge investment for building Metaverse
Facebook announced on Monday that it will begin breaking out the financials for its virtual and augmented reality unit, a move that comes as its core advertising operations face “significant uncertainty.” After reporting quarterly revenue that fell short of market estimates, Facebook cautioned that Apple Inc’s new privacy guidelines would have an impact on its digital business in the current quarter. Facebook’s Chief Financial Officer, David Wehner, reportedly noted that the company expects investment in its hardware division, Facebook Reality Labs, will cut overall operating profit by $10 billion in…
Read MoreVi won the Ookla award for being the fastest mobile network in India
Vodafone Idea has recorded as the fastest mobile network speed in India in the first quarter of 2021 and won Ookla’s Speedtest Awards. According to Ookla statistics, Vi India had a speed score of 16.10 Mbps, Jio had a score of 13.98 Mbps, and Airtel had a score of 13.86 Mbps. Ookla said that during the assessing, it compared 19,718,623 user-initiated tests taken on the Speedtest iOS and Android mobile apps from all of India’s major mobile carriers to determine who has had the best mobile network speeds. Ookla prioritize…
Read MoreIndia’s most valuable startup Byju’s and their upcoming plans
Byju’s has hired investment banks to raise at least $500 million in Term Loan B (TLB) borrowings in the United States, as India’s most valuable startup seeks to replenish its war chest with debt after spending billions of dollars on acquisitions this year, according to three people familiar with the development. The EdTech unicorn will mostly use the funds for acquisitions, with a part of the funds also being used for working capital. “Byju’s is working with American investment banks JP Morgan and Morgan Stanley to structure the TLB financing….
Read MoreAgritech startup Gramophone raises INR 75Cr funding
Gramophone, an Indore-based Agritech startup, has raised INR 75 Cr (about $10 Mn) in its Series B funding round. The round was led by Z3 Partners, with existing investors Infoedge, Asha Impact, and Siana Capital also participating. Amit Sharma of Sunrise Group, Sumeet Kanwar of Verity, and Chona Family Office are among the new investors in the round (Havmor Group). The funding will be used to expand the startup’s technology platform. It intends to grow geographically while also exploring inorganic growth possibilities like mergers and acquisitions. “With this investment, we…
Read MoreApple to introduce a stretch band in its smart watch to detect blood pressure
Apple may release a stretchy band for the Apple Watch in order to detect blood pressure accurately. While the Apple Watch is widely regarded as the most powerful smartwatch available today, it lacks blood pressure sensors. While the Watch Series 7 monitors heart rate, SPO2 and a variety of fitness-related parameters, it does not measure blood pressure like some other smartwatches. This is quite likely to change in the future. However, unlike many smartwatches that enable BP monitoring via sensors buried in the dial, the Apple Watch may offer the…
Read MorePhonePe decided to charge processing fees for transactions above 50 Rs
PhonePe will now collect processing fees for each transaction. This means you will no longer be able to transfer money or recharge your phone without paying a small fee for each transaction. The company has said that it would levy fees ranging from Rs 1 to Rs 2 per transaction for mobile recharges worth more than Rs 50. PhonePe was the first payment app to begin charging for transactions. “On recharges, we are running a very small-scale experiment where a few users are paying for mobile recharges. Recharges below Rs…
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