Month: May 2020
InMobi’s Glance tops 100 million daily active users in 21 months
Glance, which serves media content, news, and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular…
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Tumblr deletes millions of reblogs for promoting hate speech
Tumblr has started a mass reblog deletion meant to purge traces of hate speech from suspended blogs on its platform. In a post announcing the move, the company said it’s in the midst of removing 4.47 million posts reblogging content from nearly a tho… Source
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Back Market raises $120 million for its refurbished device marketplace
French startup Back Market has raised a new $120 million funding round from Goldman Sachs, Aglaé Ventures and Eurazeo Growth. The company operates a marketplace for refurbished smartphones and electronics devices. Back Market doesn’t refurbish devices in house. Instead, it partners with certified sellers and let them list their items…
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Omilia raises $20M to use conversational AI for customer support
Omilia, a company headquartered in Greece that has built a conversational AI for customer support, has raised $20 million in its first ever funding round, having been bootstrapped since 2002. Backing comes from Grafton Capital and will be used to invest in further growth, after Omilia grew revenue by “more…
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Singapore’s logistics startup Ninja Van raises $279M
Ninja Van, a Singapore-based logistics startup, has secured an additional $279 million in fresh funding as it works to scale its operations to keep up with the surge in e-commerce deliveries in six Southeast Asian countries. Europe’s GeoPost, Facebook co-founder Eduardo Saverin’s B Capital Group, Monk’s Hill Ventures, Carmenta, Golden…
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IBM: Transition to cloud now ‘an existential question’
IBM has unveiled a new toolset designed to bring artificial intelligence (AI) to hybrid cloud environments and help businesses refire operations in the wake of the coronavirus pandemic. Watson AIOps interrogates log data held across a business’ IT infrastructure and uses AI models to anticipate potential problem areas and rectify…
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