Search giant Google has issued a warning to location-sharing apps
Technology giant Google has issued a warning against app developers that they have to be more clear and specific with their app users about the data they share with Huq (a British company that sells location-related data). The search giant said that the apps that...
What is PropTech, its evolution & things to keep in mind before investing
Till July 2021, venture capital-backed PropTech companies raised over $10.6 billion (up from $8.3 billion raised same time in 2020). This is way higher than the previous year in the past decade. The impressive numbers are a sign of a promising and fruitful return-on-investment that...
Meta Tests Split Payment Feature in Facebook Messenger
In a blog post, Messenger announced that it will start testing a new feature called “Split Payments” on its platform. Through this feature, users will be able to share the cost of expenses and bills via the Messenger app. Facebook Messenger said that users will...
Disruptive Proptech: Real Estate Technology Trends Shaping 2022
According to research by ResearchAndMarkets.com, the global real estate market is forecasted to grow from US$2687.35 billion in 2020 to US$3717.03 billion in 2025 at a compounded annual growth rate (CAGR) of 8% [1]. A major part of this growth will be attributed to the...
Italy slams Google & Apple with antitrust fine for aggressive data practices
Italy’s antitrust watchdog, the Italian Competition Authority (AGCM), fined tech titans Google and Apple about $11.3 million each for over Consumer Code violations. The watchdog found the two tech companies did not provide users with enough clarity about information on their data’s commercial usage, which...
Understanding Uplift Modeling: Mechanisms and Advantages
Introduction Today’s consumer landscape is quite saturated. And only those organizations succeed whose marketing teams are able to make their product stand out. Marketers of these organizations usually attribute data and analytics for their success which they use for understanding customer behavior. In the past...
Deliverr bags $250 million in a Series E funding round
Deliverr, a United States-based e-commerce fulfillment business, announced that it raised about $250 million in a Series E capital raise round. The round was led by a new investor Tiger Global. Old and existing investors also participated, which included GLP, 8VC, Activant, Coatue and Brookfield...
Bitcoin Mining – Is it worth it & will it be profitable in 2022?
The process of earning new Bitcoins in exchange for solving complex mathematical puzzles and operating the verification process for Bitcoin transaction validation is known as Bitcoin mining. The transactions provide reliability and security for the network of Bitcoin. This in turn rewards miners by compensating...
Google wins $4.3 billion class action suit filed in the UK Supreme Court
The Supreme Court of the United Kingdom ruled in favour of the search engine giant in the recently fled Lloyd vs Google lawsuit. Google’s tech company Mountainview won the case, losing $4.3 billion (approximately £3.2 billion) in damages. If the Court had not ruled in...
Spotify Acquires Findaway: A New Chapter in Music Streaming
On 11th November, Sweden-based music and podcast streaming giant announced its plans of acquiring Findaway – an audiobook distribution company. Findaway is a firm that operates multiple businesses which also includes distributing audiobooks to multiple platforms. It also offers audiobook creation services via Findaway Voices....
