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Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
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Spotify Active Monthly Users Grows to 551 Million, Premium Subscriptions Rise 17 Percent in Second Quarter
Spotify Technology on Tuesday reported second-quarter results that comfortably beat expectations for both monthly active users and subscribers, and forecast the number of listeners each month would reach 572 million next quarter.
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Account Abstraction Could Onboard Billions of Asians to Web3, Experts Predict: Here’s What It Means
‘Account abstraction’ or Blockchain-based smart accounts could be the next thing that could onboard billions of Asians onto Web3, industry experts reportedly believe. It is a blockchain technology that lets users use smart contracts as their primary accounts.
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TikTok to Invest Billions of Dollars in Southeast Asia, Says CEO
ByteDance's TikTok is planning to invest billions of dollars in Southeast Asia over the next few years, the company's CEO Shou Zi Chew confirmed on Thursday. Southeast Asia is one of the company's biggest markets in terms of user numbers. But the platform has yet to translate the large user base into a major e-commerce revenue source as it faces fi...
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Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal; Delay Threatens Irreparable Harm, Judge Says
Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...
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Google Announces Startup School India Initiative; Aims to Target 10,000 Startups in Smaller Cities
Google announced an initiative called Startup School India on Wednesday, as part of the search giant’s efforts to help 10,000 startups in Tier 1 and Tier 2 cities in India. The programme will be conducted virtually over nine weeks and feature instructional modules on topics like shaping an effective product strategy, deep dives on product user va...
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Elon Musk Says He Wants One Billion Users On Twitter
Elon Musk pitched a vision Thursday to Twitter staff of a one-billion-user platform, but was hazy on potential layoffs, free speech limits and what's next in his chaotic buyout bid.
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Google Said to Support India's ShareChat in Raising $300 Million Funding at $5 Billion Valuation
India's ShareChat has raised nearly $300 million in fresh funding from Alphabet's Google and other firms, valuing the social media firm at nearly $5 billion. A deal is set to be announced as early as next week, the sources added.
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TikTok Pulse Will Let Creators Earn More With Advertisement Revenue Sharing
TikTok has announced an ad revenue-sharing programme with the social media platform's most prominent creators. The new TikTok Pulse programme allows companies to place their ads next to user content in specific categories, including health, fashion, cooking, gaming and others with creators getting a cut.
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Coinbase CEO Brian Armstrong Predicts Crypto Economy Boom With Over Billion Users in Coming Years
Coinbase CEO Brian Armstrong believes that the crypto sector will explode in-terms of usage and economic contribution in the next two decades. The Coinbase CEO, who is expecting the crypto userbase to cross the one-billion –mark in the times to come, was speaking at the Milken Institute Global Conference with ARK Investment CEO, Cathie Wood.
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Meesho to Integrate Grocery Business in Core App, to Scale to 12 Indian States in 2022
Softbank backed e-commerce firm Meesho will integrate its grocery vertical in the core app, in line with its vision to become a single shopping destination for the next billion users in India, the company said.
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InMobi's Roposo in Discussions for Social Commerce Venture With Reliance Retail
Digital technology firm InMobi's social media arm Roposo is in discussions with Reliance Retail for a social commerce related business deal which is expected to be rolled out in the next two quarters, a top official said on Tuesday.
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Facebook Reports Lesser-Than-Expected 1.93 Billion Daily Active Users in Q4 2021, Meta Profit Slips
Facebook-parent Meta delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its advertisement business that plunged shares some 22 percent in after-hours trading.
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Google VP for Payments and Next Billion Users Caesar Sengupta Exits After 15-Year Stint to Start Entrepreneurial Journey
Sengupta announced his departure from Google in a LinkedIn post that also confirms his last day to be April 30. He looks to indulge in some downtime to chill, talk to interesting people, reconnect with the external world and ride his bike.
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Wikipedia Turns 20, Aims To Reach The Next Billion Users
Wikipedia celebrates its 20th anniversary on Friday and the collaborative, volunteer-produced internet encyclopedia aims to spend the next 20 years further expanding free access to information.
-
Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
-
Spotify Active Monthly Users Grows to 551 Million, Premium Subscriptions Rise 17 Percent in Second Quarter
Spotify Technology on Tuesday reported second-quarter results that comfortably beat expectations for both monthly active users and subscribers, and forecast the number of listeners each month would reach 572 million next quarter.
-
Account Abstraction Could Onboard Billions of Asians to Web3, Experts Predict: Here’s What It Means
‘Account abstraction’ or Blockchain-based smart accounts could be the next thing that could onboard billions of Asians onto Web3, industry experts reportedly believe. It is a blockchain technology that lets users use smart contracts as their primary accounts.
-
TikTok to Invest Billions of Dollars in Southeast Asia, Says CEO
ByteDance's TikTok is planning to invest billions of dollars in Southeast Asia over the next few years, the company's CEO Shou Zi Chew confirmed on Thursday. Southeast Asia is one of the company's biggest markets in terms of user numbers. But the platform has yet to translate the large user base into a major e-commerce revenue source as it faces fi...
-
Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal; Delay Threatens Irreparable Harm, Judge Says
Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...
-
Google Announces Startup School India Initiative; Aims to Target 10,000 Startups in Smaller Cities
Google announced an initiative called Startup School India on Wednesday, as part of the search giant’s efforts to help 10,000 startups in Tier 1 and Tier 2 cities in India. The programme will be conducted virtually over nine weeks and feature instructional modules on topics like shaping an effective product strategy, deep dives on product user va...
-
Elon Musk Says He Wants One Billion Users On Twitter
Elon Musk pitched a vision Thursday to Twitter staff of a one-billion-user platform, but was hazy on potential layoffs, free speech limits and what's next in his chaotic buyout bid.
-
Google Said to Support India's ShareChat in Raising $300 Million Funding at $5 Billion Valuation
India's ShareChat has raised nearly $300 million in fresh funding from Alphabet's Google and other firms, valuing the social media firm at nearly $5 billion. A deal is set to be announced as early as next week, the sources added.
-
TikTok Pulse Will Let Creators Earn More With Advertisement Revenue Sharing
TikTok has announced an ad revenue-sharing programme with the social media platform's most prominent creators. The new TikTok Pulse programme allows companies to place their ads next to user content in specific categories, including health, fashion, cooking, gaming and others with creators getting a cut.
-
Coinbase CEO Brian Armstrong Predicts Crypto Economy Boom With Over Billion Users in Coming Years
Coinbase CEO Brian Armstrong believes that the crypto sector will explode in-terms of usage and economic contribution in the next two decades. The Coinbase CEO, who is expecting the crypto userbase to cross the one-billion –mark in the times to come, was speaking at the Milken Institute Global Conference with ARK Investment CEO, Cathie Wood.
-
Meesho to Integrate Grocery Business in Core App, to Scale to 12 Indian States in 2022
Softbank backed e-commerce firm Meesho will integrate its grocery vertical in the core app, in line with its vision to become a single shopping destination for the next billion users in India, the company said.
-
InMobi's Roposo in Discussions for Social Commerce Venture With Reliance Retail
Digital technology firm InMobi's social media arm Roposo is in discussions with Reliance Retail for a social commerce related business deal which is expected to be rolled out in the next two quarters, a top official said on Tuesday.
-
Facebook Reports Lesser-Than-Expected 1.93 Billion Daily Active Users in Q4 2021, Meta Profit Slips
Facebook-parent Meta delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its advertisement business that plunged shares some 22 percent in after-hours trading.
-
Google VP for Payments and Next Billion Users Caesar Sengupta Exits After 15-Year Stint to Start Entrepreneurial Journey
Sengupta announced his departure from Google in a LinkedIn post that also confirms his last day to be April 30. He looks to indulge in some downtime to chill, talk to interesting people, reconnect with the external world and ride his bike.
-
Wikipedia Turns 20, Aims To Reach The Next Billion Users
Wikipedia celebrates its 20th anniversary on Friday and the collaborative, volunteer-produced internet encyclopedia aims to spend the next 20 years further expanding free access to information.
