When Sandy Carter quit her position as a vice president of Amazon’s cloud computing unit this month, she stated in a LinkedIn post that she was joining a crypto technology startup. She included a link for open positions at the startup. Within two days, she claimed, more than 350 people – many from the world’s largest internet companies – had clicked the link to apply for jobs at Unstoppable Domains. The company provides internet addresses that are stored on the blockchain, a distributed ledger system. “It’s the perfect storm,” Carter…
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Business
Meta, CBSE partnership to enable 10 mn students embrace immersive tech
Meta (formerly Facebook) will expand its partnership with the Central Board of Secondary Education (CBSE) to provide a curriculum on digital safety and online well-being, as well as augmented reality (AR), to over 10 million students and 1 million educators in the country over the next three years. Furthermore, in accordance with the government’s vision of universalizing education, Meta and CBSE will democratise the high school curriculum by providing students with online access to quality educational content via modules that will be made available on CBSE’s website. Meta founder and…
Read MoreRansomware attack on Kronos impacts paychecks of several companies
Ultimate Kronos Group (UKG), a major technology firm that provides human resource management solutions to other companies, was hit by a critical ransomware attack. The cyber attack has rendered several of the firm’s clients unable to access their payroll systems, and the situation could last for weeks. In a blog post, the company informed its clients and communities that the cyber attack had disrupted the Kronos Private Cloud. Kronos Private Cloud houses a number of the company’s solutions, such as UKG Workforce Central, UKGTeleStaff, Healthcare Extensions, and Banking Scheduling Solutions….
Read MoreTesla supported Starlink to provide internet services in India soon
Elon Musk’s satellite internet company Starlink will soon start providing Internet services in India. Tesla will apply for a commercial licence in India to provide broadband internet services to the users in India. Starlink, Elon Musk’s satellite internet company, will begin providing Internet services in India soon. The Tesla-backed company will apply for a commercial licence in India to provide users with high-speed internet access. The statement comes only days after the Indian government’s Department of Telecommunications, Ministry of Communications, told Starlink that it needed to secure the necessary approval…
Read MoreKapil Dev invested in Harmonizer India’s AI & ML focused technology solutions
Dev has been investing in the startups’ space since 2015. His bets include grocer peopleeasy.com, Samco Ventures, online market network Wizcounsel. Former cricketer Kapil Dev has invested an unknown amount in power sector-focused technology business Harmonizer India. The former pacer and World Cup-winning captain would be holding an undisclosed stake in the company’s artificial intelligence, machine learning and internet of things (IoT)-focused energy saving solutions technology, as per a statement. According to sources, Dev has been investing in startups since 2015, and his investments include grocer peopleeasy.com, Samco Ventures, online…
Read MoreRoku and Google reach a long term deal for YouTube and YouTube TV
The companies reached the agreement just days before their previous deal covering YouTube on Roku was set to expire on Dec. 9. Roku has previously said it does not earn any kind of revenue from the YouTube app. Roku and Google have sealed the deal, announcing a multiyear extension for both the YouTube and YouTube TV apps on the Roku streaming platform. The agreement was reached just days before their previous deal covering YouTube on Roku was set to expire on December 9. Roku’s distribution agreement with YouTube TV expired in…
Read MoreCustomer analytics startup MoEngage raised $30 Mn in a new funding round
MoEngage helps companies measure customer engagement and analyse metrics Its customers include Future Retail, Byju’s, Sharechat, Dominos Pizza MoEngage, a customer analytics startup, announced on December 7 that it had raised $30 million in funding led by Steadview Capital, its valuation to around $500 million in six months. Despite the fact that MoEngage’s valuation has more than doubled, the company has declined to comment on the matter. Existing investors include Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners India. MoEngage, which was founded in 2014, helps…
Read MoreEdtech major Byju’s announced the acquisition of GeoGebra
Edtech company Byju’s acquired Austria-headquartered GeoGebra. GeoGebra will continue to operate as an independent unit within the Byju’s Edtech major Byju’s announced the acquisition of Austria-based GeoGebra on Wednesday. According to people briefed on the matter, the acquisition will be a cash-and-stock transaction worth around $100 million. Byju’s made no comment on the size of the deal. “This acquisition complements Byju’s overall product strategy and integrates GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio,” the company said in a statement….
Read MoreA new report reveals $275 Mn worth deal between Apple CEO Tim Cook and china
Apple’s Cook signed a deal worth $275 billion in 2016 with the Chinese government. The deal involved investment in tech companies, startups, projects, and more. Apple CEO Tim Cook signed a $275 billion deal with the Chinese government in 2016 as per a new report. Cook met with Chinese government officials in an attempt to ease regulatory actions that were due to be implemented at the time, and he assured the investment. The agreement aimed to boost China’s economy while also increasing the workforce’s technological skill sets. The Information (via…
Read MorePaytm partners with AWS to provide its startup toolkit to entrepreneurs
Paytm startup toolkit offers solutions in the domain of payments, payouts, banking and distribution Paytm, India’s leading digital ecosystem for consumers and merchants, has teamed with Amazon Web Services (AWS) to provide its startup toolkit to startups onboarded on AWS Activate, a scheme that gives free tools, resources, and more to help startups get started on AWS efficiently. Paytm will provide payment, distribution, and growth options to entrepreneurs in India participating in the AWS Activate initiative. The Paytm startup toolkit is a one-stop shop for solutions in the areas of…
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