Month: February 2021
Embedded finance startup Banxware raises €4M seed
Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs – isn’t an entirely new concept. In fact, in one form or another, such as point of sale credit, the concept has existed for years and long before Silicon Valley…
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SA small businesses get WhatsApp resource WhatsApp
Small businesses in South Africa have a new resource at the touch of a WhatsApp icon. SMMEStart, a chat-based service, aims to provide important information and resources to small-medium business owners. This service was developed by Praekelt.org with JoziHub in South Africa. The idea for the chatbot was built off…
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Sony has already sold more than 4.5 million PS5s
Sony never seemed to have enough PlayStation 5 stock since it launched, but still managed to sell 4.5 million of the consoles in 2020 — matching PS4 sales during that console’s 2013 launch quarter. Combined with sales of 1.4 million PS4 units, Sony’s… Source
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Alibaba Cloud turns profitable after 11 years
Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba, became profitable for the first time in the December quarter, the company announced in its earnings report. The firm’s cloud unit achieved positive adjusted EBITA (earnings before interest, taxes, and amortization) during the quarter, after being in business since…
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After 27 Years, Jeff Bezos Will Step Down As CEO Of Amazon
Clodagh Kilcoyne / Reuters Amazon CEO Jeff Bezos Jeff Bezos is stepping down as Amazon CEO, the online internet retailing giant he founded 27 years ago, and will become executive chair focused on “new products and early initiatives,” he announced on Tuesday. Amazon Web Services CEO Andy Jassy will take…
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Redmi K40 series to feature 108-megapixel camera and have three variants Redmi K30
It was recently reported that Xiaomi is planning to introduce more 108-megapixel smartphones in the year 2021, and in keeping in line with that theme, new leaks suggest that the Redmi K40 series will sport similar cameras. Besides this, it is also claimed that the Redmi K40 series will feature…
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