Telegram raises $210 million through bond sales
Telegram raised about $210 million through bond sales this week from a number of investors, including its founder and chief executive Pavel Durov. The messaging app, used by over 800 million users each month, raised the capital by issuing bonds worth $270 million. “Because interest rates have gone up significantly
Read moreTesla Q2 2023 earnings expectations: Cybertruck news and price cut effects
Tesla will announce its second-quarter earnings Wednesday after the bell. Investors will be listening out for more details on the much-delayed Cybertruck, as well as how Tesla’s many price cuts have affected automotive gross margins. Wall Street estimates predict Tesla will bring in around $24.9 billion in revenue for the
Read moreCan insurtech recover from the ‘death of insurtech 1.0’?
Many startup sectors came out of 2021’s hype with a massive hangover in the form of valuations that they simply couldn’t justify as the market dipped and dived. Insurtech startups had it the worst, though, as investors started questioning the viability of the entire category. A recent report on the
Read moreMicrosoft brings Bing Chat to the enterprise
Bing Chat, Microsoft’s AI-powered chatbot experience, is heading to the enterprise. At its annual Inspire conference, Microsoft unveiled Bing Chat Enterprise, a version of Bing Chat with business-focused data privacy and governance controls. With Bing Chat Enterprise, chat data isn’t saved, Microsoft can’t view a customer’s employee or business data
Read moreMicrosoft launches vector search in preview, voice cloning in general availability
At its annual Inspire conference, Microsoft announced a number of new AI features headed to Azure, perhaps the most notable of which is Vector Search. Available in preview through Azure Cognitive search, Vector Search uses machine learning to capture the meaning and context of unstructured data, including images and text,
Read moreFNB Fuels Growth with 185 Inverter Giveaway for SMEs
In a significant step towards powering change, FNB is launching the ‘Power Up Local Business Campaign’, which coincides with its 185th anniversary. This initiative is a testament to its commitment to fuel growth among local small businesses by providing them with its commitment to fuel growth among local small businesses.
Read more6 Ways to Make an Android Smartphone User – Friendly for the Elderly
People of all ages use smartphones today, and they are increasingly designed to be accessible and user-friendly, even for those who haven’t grown up with technology. For elderly parents or grandparents, adjusting certain settings on their Android smartphone can greatly enhance their experience. Here are several ways to adjust key
Read moreAfrica Climate Summit 2023 Drives Green Growth and Climate Finance Solutions
The Africa Climate Summit (ACS) and the annual Africa Climate Week 2023, landmark events co-hosted by the Republic of Kenya are scheduled to take place from 4 to 6 September in Kenya, Nairobi. The ACS will convene Heads of State and Government, policymakers, civil society organizations, the private sector, multilateral
Read moreTikTok’s new program aims to identify rising artists in the music industry
TikTok is launching a new program that is designed to identify the next wave of rising artists in the music industry, the company announced on Tuesday. The new program, called Elevate, is meant to help musicians create a lifelong career in the music industry, beyond being a one-hit wonder. The
Read moreDataStax brings vector search to its Astra DB database service
DataStax, the well-funded Apache Cassandra-centric database company, is placing a lot of its current bets on AI and its technology’s ability to provide highly scalable vector search capabilities to provide real-time context to generative AI models. Today, following a short public preview, the company is launching the vector search capabilities
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