China’s Vivo is eyeing smartphone users in Africa and Middle East

Africa’s mobile phone industry has in recent times been dominated by Transsion, a Shenzhen-based company that is little known outside the African continent and is gearing up for an initial public offering in China. Now, its Chinese peer Vivo is following its shadow to this burgeoning part of the world with low-cost offerings. Vivo, the […]

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Visa invests in India-based B2B payments platform PayMate’s $25M round

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of PayMate, said the startup has already raised a substantial […]

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Mozilla blocks spy firm DarkMatter from Firefox citing ‘significant risk’ to users

Firefox maker Mozilla said it will not trust certificates from surveillance maker DarkMatter, ending a months-long effort to be whitelisted by the popular browser. Months earlier, the United Arab Emirates-based DarkMatter had asked Mozilla to formally trust its root certificates in the Firefox certificate store, a place in the browser reserved for certificate authorities that […]

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Pavegen, which harvests energy and data from footsteps, secures crowd and Hinduja Group funding

Pavegen, a UK startup which harvests energy from people’s footsteps and also tracks that data, has raised £2.6m on its crowdfunding push having doubled its initial £950k target. The campaign secured funds from over 1,400 investors, including partnership and anchor investment from major global engineering conglomerate Hinduja Group and family investment firm Tamar Capital. The […]

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Microsoft’s first data center regions in the Middle East are now generally available

Microsoft today announced that is first data center regions in the Middle East are now online. The data centers are located in Abu Dhabi and Dubai and will offer local access to the usual suite of services, including Azure’s cloud computing services and Office 365. Support for Dynamics 365 and Microsoft’s Power Platform will arrive […]

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GuestReady raises $6M to help hosts on Airbnb and other services manage their property

GuestReady, a three-year-old service that lets shared-economy hosts manage their business on Airbnb and other rental sites, has announced a $6 million Series A round. The investment was led by existing backer Impulse VC — the Russian fund that is backed by billionaire Chelsea FC owner Roman Abramovich — and new addition VentureSouq from Dubai. Other […]

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Vuzix smart glasses get automatic facial recognition designed for law enforcement

This is one of those ‘I’m not surprised but I am slightly terrified’ moments in tech development: Enterprise smart glasses company Vuzix announced Monday that it has developed new “fully autonomous” face recognition software in partnership with software developer NNTC. The new solution will work with Vuzix’s Blade smart glasses, which debuted at CES earlier […]

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Amazon leads $575M investment in Deliveroo

Amazon is taking a slice of Europe’s food delivery market after the U.S. e-commerce giant led a $575 million investment in Deliveroo . First reported by Sky yesterday, the Series G round was confirmed in an early UK morning announcement from Deliveroo, which confirmed that existing backers including T. Rowe Price, Fidelity Management and Research […]

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GuestReady, a service for Airbnb hosts, doubles down on Europe with another acquisition

GuestReady, a service that helps shared economy hosts manage their business on Airbnb and other rental sites, is getting into expansion mode again after it completed its fourth acquisition. The company, which has raised $3.7 million from investors to date, just announced that it has acquired France-based rival BnbLord, a startup that it claims is […]

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