Salesforce challenger Freshworks aims to raise $9 billion for IPO in the US
Software-as-a-Service company Freshworks announced that it is looking to raise $912 million (approximately $9 billion) through its Initial Public Offering (IPO). The IPO will be filed in the United States. The Salesforce competitor plans on selling 28.5 million Class A common stock which will be...
Boston-based Snyk raises $530 million in a Series F round
Developer security technology startup, Snyk announced that it has raised $530 million in a Series F funding round in order to accelerate the shift to developer security. The funding round was led by Tiger Global as well as Sands Capital. Existing investors also contributed to...
Twitter’s New Privacy Features: Enhancing User Control
This is no brand new information that corporations and companies around the world have access to the personal data of their customers. What’s a bigger concern is what this personal data is being used by these companies. A study conducted by Pew Research Centre found...
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...
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...
How to evaluate your tech stack: 3 Ways & 3 Rules to keep in mind
Introduction With the pandemic turning the way we work 360 degrees, remote work and hybrid work models are becoming the norm and are expected to rise by a whopping 300%, according to research by Forrester [1]. Moreover, online customer service interactions are to increase by...
Tech News Round Up: a VC firm becomes a victim of ransomware, Square acquires Afterpay
Missed out on what’s going on in the world of Information Technology? Don’t worry, because we’ve got you covered. In this blog, we have compiled everything big that happened in IT. This week was particularly interesting, as it saw Square acquiring an Australian buy now...
COVID-19 Plagues the Planet, Vaccine Misinformation Plagues Facebook and other Social Networks
Over a year into the COVID-19 pandemic, social media giants are still struggling to curb COVID vaccine misinformation and deal with the anti-vaccine propaganda. However, experts say that medical misinformation on these platforms has been rife even before the ongoing global health crisis. Although Facebook,...
Amazon vs REA Group: REA Group multiplies its shares 910X in 2 decades
The American e-commerce giant Amazon is often seen as a glorious example of a buy-and-hold investing. In terms of buy-and-hold-investing, shares of Amazon.com Inc have touched the sky over the years. As per Google Finance, the stock price of Amazon.com (NASDAQ:AMZN) in November 2001 was...
