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Sony announces introduction of PlayStation’s new State of Play videos

Published Date: 2019-03-25         Author: Shikha Sinha

Sony has recently confirmed the official launch of its State of Play videos for PlayStation 4 and PlayStation VR platforms in the market. It is apparently a new video program for the PlayStation 4 and VR which will feature gameplay footage, new trailers as well as announcements and updates for ne... Read More

Facebook admits storing user account passwords in plain text

Published Date: 2019-03-23         Author: Pankaj Singh

The California-based company reaches an estimated 2.7 billion people across the globe with its core social network, messaging applications, and Instagram. Facebook has reportedly admitted that it stored millions of user account passwords in plain text on its internal servers, a faux pas that left... Read More

Chinese GoPro rival Insta360 raises $30M as it moves towards 2020 IPO

Published Date: 2019-03-22         Author: Pankaj Singh

The company’s Series C+ funding round saw participation from a number of Chinese investors including Huajin Capital, Everest Venture Capital & MC Holdings. The move comes as the company is on its way to go public through an IPO scheduled for launch in 2020. Shenzhen Arashi Vision... Read More

Xiaomi confirms the launch of Mi Pay service in India following trials

Published Date: 2019-03-20         Author: Shikha Sinha

Xiaomi has recently confirmed the official launch of its Mi Pay payment service for the Indian market. The company had introduced Mi Pay in China as well in 2016 and followed that with the launch of a beta trial in India. After completing the final testing now, Indian users get the complete access t... Read More

Deutsche Bank to reportedly begin formal merger talks with Commerzbank

Published Date: 2019-03-19         Author: Shikha Sinha

Deutsche Bank, Europe’s prominent financial institution, is apparently set to announce merger talks with Commerzbank. It has been reported that the two largest banks in Germany are gaining pace and the planned formal disclosure of talks between them has increased the probability of a successfu... Read More

Five Point Fours collapse leaves thousands of people in the lurch

Published Date: 2019-03-18         Author: Pankaj Singh

The company recently issued a notice of administration to the ASIC (Australian Securities & Investments Commission). Brisbane-based health food delivery company, Five Point Four, is reportedly going to close down, much to the surprise of its massive customer base and over 230,000 online follo... Read More

Mswipe secures Rs.220 crore in funds in Series E investment round

Published Date: 2019-03-16         Author: Pankaj Singh

Mswipe Technologies Pvt. Ltd., a Mumbai-based PoS (Point-of-Sale) & business payment solutions provider, has grabbed headlines for receiving up to R. 220 crore in the latest Series E financing round. Reportedly, the leading investors participating in the round include the American hedge fund ... Read More

Cymulate’s BAS platform bags $7.5M in Series A financing round

Published Date: 2019-03-15         Author: Pankaj Singh

The investment will be used to expand Cymulate’s U.S. operations and to enhance its platform’s functionality. Israel-based cybersecurity firm, Cymulate Ltd. has recently raised around $7.5 million in a Series A financing round led by Dell Technologies Capital and Vertex Ventures ... Read More

Safaricom & AliExpress to enable M-PESA for online shoppers in Kenya

Published Date: 2019-03-14         Author: Shikha Sinha

Kenya’s biggest mobile operator Safaricom Plc has reportedly agreed to a partnership with a division of the Alibaba Group Holdings Ltd in a bid to advance electronic payments.  As per trusted sources, the deal allows Safaricom’s customers to use its mobile-money service called M-... Read More

Software firm Ebix on the verge of buying Indian travel company Yatra

Published Date: 2019-03-13         Author: Shikha Sinha

The U.S.-based software company Ebix, Inc., has reportedly put forth an offer to purchase the popular Indian travel services firm Yatra Online Inc. As per credible reports, the international on-demand software & e-commerce service supplier plans to acquire the latter for USD 336 million, in a ca... Read More

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