In an announcement made by Airbnb Tuesday, the home sharing company has unveiled a new contest to help ten lucky winners finance and build the home of their dreams. Called the Unique Airbnb Fund, Airbnb will be gifting a total of $1 million dollars to find and finance the most “unconventional, creative and unique livable spaces on the planet.” The fund—which is meant to empower anyone ... Read More »
MUMBAI : Leap Finance, a fintech startup for Indian students pursuing international higher education, on Tuesday, said it has raised $5.5 million led by venture capital firm, Sequoia Capital India Advisors. The round also saw participation from angel investors, including Bhupinder Singh, founder of consumer lending firm InCred and Kunal Shah, founder of credit card payment startup Cred. Founded in 2019 ... Read More »
More than 1,500 former students at two shuttered schools will get a fresh start on their finances after the U.S. Department of Education said it will void their student loans. The department will cancel approximately 4,000 loans for ex-students at the Art Institute of Colorado and the Illinois Institute of Art, amid scrutiny from a Congressional committee and a class-action ... Read More »
Mahindra and Mahindra Financial Services, the non-bank arm of the Mahindra group, is looking to tap the overseas markets to raise at least $460 million through a mix of loans and bonds. The company had raised $200 million in FY19 through the external ECB route, and is in the process of raising another $160 million in overseas loans, said Ramesh ... Read More »
Facebook CEO Mark Zuckerberg in Nigeria, visiting the Co-creation Hub Nigeria (CcHUB) .Facebook Facebook has 139 million users a month in Africa in 2018, 98% of whom connected via mobile. The figures released by the world’s largest social media network confirm trends that Africa is a mobile-only continent. Facebook hasn’t released figures for a number of years, and hasn’t broken down these ... Read More »
Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press. The figure highlights the company’s newly aggressive stance against malicious or suspicious accounts in the wake of Russian disinformation efforts during the 2016 US presidential campaign. Last week, Twitter confirmed a Washington Post report that it had suspended 70 million ... Read More »
HIGHLIGHTS Xiaomi Mi 8 went on sale on June 5 in China Xiaomi Mi 8 SE went on sale on June 8 in China The smartphones run on MIUI 10, have a dual camera setup at the back Xiaomi launched the Mi 8, smaller Mi 8 SE, and premium Mi 8 Explorer Edition last month. The three smartphones came with a display notch and were ... Read More »
Real Vision is entering the crowded business and financial new space with a bang. The company, which recently raised a $10 million Series B after a $5 million A round, is working on a number of new initiatives including distribution on Apple TV, a content distribution partnership with Thomson Reuters and an upcoming documentary on PBS. The documentary, “A World ... Read More »
HIGHLIGHTS Google will help the firm expand to overseas markets The companies did not reveal the size of Google’s stake The investment is Google’s second-ever in a Chinese startup Alphabet’s Google has led a $120 million (roughly Rs. 760 crores) investment in Chinese live-stream mobile game platform Chushou, the two companies said on Friday, as the US firm eyes new inroads to China ... Read More »
HIGHLIGHTS Imgur was informed of the breach last week The breach occured back in 2014 It announced the breach within a day of disclosure Image sharing website Imgur has revealed that it had suffered a data breach in 2014, one that was only revealed to it last week by data breach expert Troy Hunt, the man behind the Have I Been Pwned ... Read More »
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