Tech Updates: Top 5 News and Events from 31st August 2021
Introduction In the current day and age, you can miss out on important tech updates in a blink of an eye. As technology moves forward at a rapid pace, it is impossible to keep up with everything that is happening. Do not worry, we have...
TikTok-owner company ByteDance acquires VR startup Pico
ByteDance, the owner of TikTok, has finally taken a big step into the world of virtual reality (VR) by acquiring a VR headset maker startup Pico. Rumours regarding the ByteDance acquiring Pico were already floating around and this news was confirmed by Pico. The amount...
Technology’s Impact on HR Roles and Processes: A Deep Dive
“The secret of change is to focus all of your energy not on fighting the old, but on building the new.” These famous words by Socrates are resonating with businesses that have had to deal with the arrival of the COVID-19 pandemic. Businesses from all...
Top Tech Events & Conferences in Q4 2021: A Comprehensive Guide
Introduction Tech conferences, events and expos are a great way for technology enthusiasts to stay not just updated but ahead of others. Every year, some of the established organizations and tech giants organize some amazing tech events for such enthusiasts and industry professionals. If you...
Blockchain company XREX bags $17 million to accelerate cross-border trade
Taiwan-based XREX announced that it has closed $17 million in a pre-A funding round. The company that aims at boosting financial inclusion through blockchain, XREX will be using the capital for expanding its fiat currency portfolio, get into more partnerships with digital wallets and financial...
Buy Now Pay Later (BNPL) and Gen Z – A Match Made in Heaven?
Consumer habits and preferences are evolving at a rapid pace around the globe. Technological advancements coupled with increasing awareness of different products and services are the main drivers of this change. In this article, we will focus on how consumers are becoming increasingly comfortable with...
6 Biggest Startup Fails from Across the World: Lessons Learned
Introduction Did you know – less than 1% of startups end up becoming unicorns like Airbnb, Uber and Slack? Recent research by Mr Shikhar Gosh (Senior Lecturer at Harvard Business School) found that 3 in 4 VC-backed firms in the United States fail. Moreover, Data...
Roblox announces acquisition of Discord rival Guilded
Developer of online game creation system, Roblox Corporation has announced that it will be acquiring a privately held organization, Guilded, Inc., that’s primarily focused on building platforms for connecting gaming communities. Essentially, Guilded has been working on developing a chat platform for gamers, just like...
Apple to pay $300 million as royalties in a patent dispute retrial
In an ongoing patent dispute, Apple, Inc. was ordered to pay US$300 million in royalties following a retrial. The dispute is fought by the iPhone manufacturer against a company known as Optis. Optis owns the patent for LTE cellular standard. Following a retrial over wireless...
6 Futuristic Technologies Showcased in the Tokyo 2020 Olympics
The COVID-delayed 2020 Summer Olympics has finally come to an end. Did your nation or favorite athlete do well? Regardless of the on-pitch performance, it was a win-win situation for the human race as new technologies were embraced. The 2020 Summer Olympics was a perfect...
