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Tech News

  • Posted on May 9, 2023

Zomato shares plunge after Invesco cut rival Swiggy’s valuation

Shares of Indian food delivery firm Zomato ended session on Tuesday at a decline of 6%, hours after it became known that Invesco had cut the valuation of its rival Swiggy. Shares of Zomato ended Tuesday’s trading

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  • Posted on May 9, 2023

Alan Weiss Believes Organizations Need ‘Sentient Strategy’ Because There Is ‘No Normal’

People enjoy the comfort of believing that tomorrow will be more or less like today but, hopefully, better. The Covid-19 pandemic rattled that assumption but it has returned labeled as “the new normal.” Alan Weiss,

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  • Posted on May 9, 2023

UK greenlights $7.3B merger between satellite rivals Viasat and Inmarsat

The U.K.’s Competition and Markets Authority (CMA) has officially greenlighted the proposed $7.3 billion merger between Viasat and Inmarsat. London-based Inmarsat and its U.S. rival Viasat offer various satellite

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  • Posted on May 9, 2023

IBM intros a slew of new AI services, including generative models

IBM, like pretty much every tech giant these days, is betting big on AI. At its annual Think conference, the company announced IBM Watsonx, a new platform that delivers tools to build AI models and provide access to

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  • Posted on May 9, 2023

Niantic’s new game Peridot is Pokémon GO meets Tamagotchi

From the makers of Pokémon GO comes another mobile game that brings cute little creatures to our fingertips: Peridot. Like a ‘90s Tamagotchi toy, Peridot is a pet simulator, but it takes place completely within

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  • Posted on May 9, 2023

Porsche taps Mobileye for automated driving functions in future models

Porsche has partnered with Mobileye, the autonomous driving unit that Intel spun out into a public company last year, to bring hands-free automated assistance and navigation functions to future sports cars, the

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  • Posted on May 9, 2023

TikTok’s parent ByteDance eyes a new chapter, in book publishing

After aggressively promoting its new lifestyle social media platform Lemon8 in the U.S., ByteDance appears to be brewing another content app for its biggest overseas market. Lemon Inc, a subsidiary of ByteDance, has

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  • Posted on May 9, 2023

WhatsApp now allows Singapore-based users to pay businesses within the app

After India and Brazil, WhatsApp is launching the ability to pay businesses within a chat in Singapore. Meta has partnered with Stripe to roll out the feature in the region. WhatsApp has built this payment feature

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  • Posted on May 9, 2023

Prewave pulls in $20M as supply chain tech investments remain on VC radars

Despite the investor caution narrative permeating the startup world throughout the economic downturn, certain startup-types have been a little more impervious to market conditions. The global supply chain was one of

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  • Posted on May 9, 2023

LinkedIn cuts 716 jobs as it phases out its China app

LinkedIn is cutting 716 jobs and will begin phasing out its local jobs app in China. In a letter today, LinkedIn CEO Ryan Roslanky said the decision to shutter the standalone China app, called InCareer, was because

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