05 Oct 2019

1. Apple acquires UK visual effects studio IKinema Apple has reportedly acquired U.K. special effects studio IKinema, a startup that may be useful in Apple’s quest to bolster its mobile devices with AR special effects and in its more far-flung attempts to enter the AR/VR headset market. The company…

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05 Oct 2019

1. Paytm First Games raises $20 million for expansion This fund-raise will support the company’s ambition to scale its operations, invest in technology and further expand its user-base through various marketing activities. Paytm First Games has achieved more than 10 million monthly transactions with an annual revenue run rate…

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03 Oct 2019

1. Windows 10X introduced by Microsoft for dual-screen devices At its annual Surface hardware event in New York, Microsoft today announced the expected set of updates to its existing hardware lineup. The biggest surprise, though, was surely the announcement of the company’s dual-screen Surface Neo, which will go on…

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03 Oct 2019

1. Startups have it easy for defence deals up to Rs 150 cr While startups can bid for smaller deals, larger ones will have tougher qualification rules. While startups will be encouraged for the smaller contracts, larger procurement plans will require companies to qualify in several parameters that have…

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26 Sep 2019

1. Facebook launches Horizon, a massive-multiplayer VR world Facebook today announced it’s building its own Ready Player One Oasis. Facebook Horizon is a virtual reality sandbox universe where you can build your own environments and games, play and socialize with friends or just explore the user-generated landscapes. This is Facebook’s…

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24 Sep 2019

1. Facebook acquires startup building neural monitoring armband CTRL-labs developed a noninvasive neural interface that is pitched as fundamentally reimagining how humans and machines collaborate. The company’s technology allows developers to address issues of immersion and control in the fields of X Reality, robotics, productivity, and clinical research. CTRL-labs’ main…

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24 Sep 2019

1. Indian-origin entrepreneur’s startup leads London fintech boom Among fintech investment deals on a global level, London has taken top spot in 2019, with a total of 114 deals, overtaking New York in second place (101). London also attracts a wider international variety of investors than other European hubs,…

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20 Sep 2019

1. Airbnb to go public in 2020 Airbnb Inc. is finally going public. The online accommodation marketplace said today it expects to become a publicly-traded company during 2020. The press release was made pursuant to securities law and gave no details about the exact timing of the IPO or its…

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20 Sep 2019

1. Paytm invests Rs 250 crore to boost its travel business The company claimed that it sells more than six million travel tickets every month and is targeting to grow by 100 percent in the current financial year. The company has chosen Bengaluru as the base of operations for…

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19 Sep 2019

1. GitHub automates vulnerability discovery with Semmle code analysis engine Software development platform GitHub Inc. is making it easier for security researchers to identify vulnerabilities in the code it hosts after acquiring a company called Semmle Ltd. Semmle has built what GitHub says is a “revolutionary code analysis engine”…

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