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Bill McDermott moves down as SAP’s CEO
Introduction SAP today announced that Bill McDermott, their CEO for the past nine years, is stepping down instantly. The company states he chose not to restore his contract. SAP Executive Board members Jennifer Morgan and Christian Klein have been elected as co-CEOs. The Story of...
Streaming Service Quibi: $150M Ad Inventory Sold in the First Year
Jeffrey Katzenberg’s mobile-only streaming service Quibi has not even started, yet it has already sold out of its $150 million first-year advertisement inventory. The service, which debuts in April 2020, combines new advertisers like Discover, General Mills, T-Mobile, and Taco Bell. They join Quibi’s current...
Instacart shoppers are organizing a nationwide protest
Instacart is once again at odds with its shoppers, people who go to the grocery store for the customers. The Shopper’s Demands From November 3-5, loads of Instacart shoppers intend to oppose with three demands: Increase the default tip amount to at least 10% Leave...
Venmo begins a rewards program giving up to 5% back at Target, Sephora, Dunkin’ & Wendy’s
Amid risen competition in the digital payments area, Venmo announced its first-ever rewards program, Venmo Rewards. This will enable users to earn automatic cashback on buying when they pay with their Venmo card at picked retailers. How Does it Work? The company is hitting off...
The Need for Climate Tech
For many years now, human beings are solely responsible for bringing about climatic changes. These climatic changes are responsible for global warming. All these factors are adversely affecting our planet and in this technological era, it is high time we rope in technology for altering...
LA-situated gaming studio Scopely raises $200M at a $1.7B valuation
Introduction The Los Angeles-situated mobile game development studio Scopely has enhanced into America’s latest unicorn. This is all thanks to a $200 million investment, which considers the company at a whopping $1.7 billion. Information About The Investment Scopely stated it would use the money to...
Sony to Shut Down PlayStation Vue on January 30, 2020
Sony’s live TV streaming assistance, PlayStation Vue, is closing down. The service will no longer be accessible as of January 30, 2020, the company had announced. Sony’s Attempt To Save The Service The news arrives only days after rumors reported claimed that Sony was in...
Driving License Tests in India Enhanced by Microsoft’s AI Project
An American giant might have figured out a plan to simplify the tiresome procedure of issuing driver’s licenses. And a quick sneak peek of this resolution is now live in sections of India. Microsoft’s New Initiative Thousands of people who have taken the driver’s license...
Instagram Is Destroying Its Creepy Stalking Feature
Yes, you read that right! According to the latest tech news, Instagram is eliminating its Following tab, a feature that became famously known as a stalking tool. Keep reading to find out why did the social media giant make this move. Why this sudden change?...
Arm to Bring Custom Instructions to Its Embedded CPUs
According to the latest tech news, at its yearly TechCon event in San Jose, Arm launched its Custom Instructions. As the name suggests, it is a new feature of its Armv8-M architecture for embedded CPUs. The pointers mentioned below will help you get a better...
