Indian music label giant Saregama acquires Pocket Aces
Saregama has acquired a 51.82% stake in the digital entertainment startup Pocket Aces as the oldest Indian music label makes deeper push into videos. Saregama is paying about $20 million for the 51.82% stake in Pocket Aces and plans to invest an additional $1.8 million into the startup, the Kolkata-headquartered
Read moreCassava Technologies Partners with Atlas AI to Boost Africa’s Digital Transformation
Cassava Technologies, a pan-African technology group announced a strategic partnership with Atlas AI, an Artificial Intelligence (AI) analytics platform. The collaboration aims to maximize the positive impact of connectivity and digital services across Africa, leveraging data-driven insights to expedite digital transformation and foster economic growth. This partnership empowers Cassava to
Read moreScan to Pay Partners with Xion Global to Enable Crypto Payments in South Africa
Scan to Pay, powered by Ukheshe, has teamed up with Xion Global to integrate cryptocurrency payments into the Scan to Pay app, South Africa’s largest QR ecosystem. With over 600,000 vendors, 14 banks, fintech firms, and 94 payment service providers, Scan to Pay aims to introduce more crypto payment options
Read moreHashtag Trending Sep. 28-Amazon hit with sweeping antitrust lawsuit; OpenAI eyeing hardware?; Hackers fight over who’s responsible for attacking Sony
Amazon hit with sweeping antitrust lawsuit, Open AI reportedly in talks with Apple’s former product designer for a hardware project and two hacker groups fight over who’s responsible for attacking Sony’s systems. These stories and a lot more as we bring you the top tech news on today’s Hashtag
Read moreAdobe launches Photoshop’s web version with Firefly-powered AI tools
Adobe officially launched Photoshop for the web on Wednesday for all users with paid plans. The web version, which was in beta for almost two years, is now available with Firefly-powered AI tools such as generative fill and generative expand. The company said that the tools in the toolbar on
Read moreA Decade of Innovation: HUAWEI’s Impact on Wearable Health Technology
In 2014, HUAWEI entered the wearables market with the HUAWEI TalkBand B1. Over a decade, they expanded their smart wearables with innovative technology, design, and materials. The Development of HUAWEI’s Wearable Health Technology Throughout the past decade, HUAWEI made significant advancements in wearable technology: – 2016: Introduced HUAWEI TruSeen 1.0
Read moreCyborgIntell Unveils Powerful Enhancements to Zero-Code AI Platform
CyborgIntell, a pioneer in AI focused on converting end-data into value, introduces two significant additions to its zero-code AI platform for the finance and insurance sectors. The new suite features a Feature Store and Model Risk Management (MRM). Automated Features The Feature Store automates the generation of thousands of new
Read moreTelecom Egypt Launches WeConnect
Telecom Egypt launches WeConnect, an innovative ecosystem, as a leading integrated telecom and major subsea cable operator in the region. Enabling Agile Access to Egypt’s Subsea Cable Infrastructure with Globally Competitive Pricing and User-Friendly Digital Management This platform offers agile access to Egypt’s extensive subsea cable infrastructure, allowing users to
Read moreInvestors taking 30% of a startup in a round are short-sighted
Over the last couple of months I’ve spoken to a number of early-stage investors — both angels and VCs — who seem to be proud of having been able to take 25-30% of a startup’s equity in an early-stage funding round. In one case, an angel investor patted themselves on
Read moreAfrican VC firm Enza Capital launches founder partner program as it closes $58M across funds
Enza Capital, a venture capital firm that backs startups “organizing the offline online” and “digitizing key African industries,” has closed $58 million across two funds. In 2019, the company launched an early-stage fund to “find, back, and help build category-defining startups” in the pre-seed and seed stages. The fund is
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