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HMD Global's latest funding could help it expand in markets where Chinese smartphone vendors face threat of eviction

HMD Global is positioned to capitalize on Chinese smartphone vendors' geopolitical woes. The US' Clean Networks initiative wouldn't apply to HMD Global since it is a European company, so a market exodus of Chinese smartphone vendors could bolster the company's plan to expand. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Connectivity & Tech industry with the Connectivity & Tech Briefing. You can learn more about subscribing here. HMD Global announced the...
Tags: Europe, China, India, Nokia, US, Trends, Snapchat, Xiaomi, State Department, Qualcomm, Trump, US India, US State Department, Africa Brazil, Facebook Instagram YouTube, Connectivity Tech


iPhone Maker Foxconn Says China's 'Days as the World's Factory Are Done'

China will no longer be the world's manufacturing epicenter going forward, according to Apple's largest supply chain partner Foxconn, which has been gradually expanding its operations in other countries amid the U.S.-China trade war. "No matter if it's India, Southeast Asia or the Americas, there will be a manufacturing ecosystem in each," said Foxconn chairman Young Liu, according to Bloomberg. Liu boldly proclaimed that while China will continue to be a key location for Foxconn's factories,...
Tags: Apple, China, India, Americas, Vietnam, Foxconn, India Southeast Asia, Foxconn Says China, Young Liu, Bloomberg Liu


With technology to perfect product pitches in digital marketplaces Pattern raises $52 million

Pattern, a Lehi, Utah-based reseller that offers large and small brands a way to optimize their sales on marketplaces like Amazon, eBay, Walmart and Google Shopping, has raised $52 million in growth funding, the company said. The money, from Ainge Advisory and KSV Global, will be used to expand the company’s business worldwide. Founded in 2013, the e-commerce reseller uses analytics to lock down market specific keywords in advertising and has managed to reach a run-rate that should see it hit $5...
Tags: Google, Amazon, TC, Asia, Europe, Utah, Japan, Ebay, Germany, India, US, Brand, Tech, Walmart, E-commerce, United States


Ask Slashdot: Is it Time To Call Time on Time Zones?

An anonymous reader shares a report [may be paywalled]: Anyone who has struggled to schedule a conference call across multiple time zones should pity the poor residents of Indiana. For decades, the Midwestern US state has been in flux over whether to observe Central or Eastern time. Some counties even switched time zones twice in as many years during the mid-2000s. This situation must be particularly baffling to the people of India and China, whose countries span thousands of miles yet obey a si...
Tags: China, India, Tech, Indiana, UTC, Midwestern US, Steve Hanke, Richard Conn Henry


Can Google kill the business card? India is about to find out

Google might be about to disrupt the business card — and it’s starting with a trial in India. In a new blog post, the company announced it’s rolling out its ‘people cards’ across the country. It’s like a business card that will appear on top of Search when someone looks up your name. Google first began trialing the feature about six months ago, and it seems it’s finally ready to make it more widely available. Up until now, you could only find detailed information about celebs and well-known publ...
Tags: Google, Startups, India, Plugged


Google, Nokia, Qualcomm are investors in $230M Series A2 for Finnish phone maker, HMD Global

Mobile device maker HMD Global has announced a $230M Series A2 — its first tranche of external funding since a $100M round back in 2018 when it tipped over into a unicorn valuation. Since late 2016 the startup has exclusively licensed Nokia’s brand for mobile devices, going on to ship some 240M devices to date. Its latest cash injection is notable both for its size (HMD claims it as the third largest funding round in Europe this year); and the profile of the strategic investors ploughing in ca...
Tags: Google, Android, Fundings & Exits, Mobile, Europe, Microsoft, US Government, Indonesia, China, India, Nokia, Africa, US, Tech, Eu, European Union


GPX sells Indian data centre business to Equinix

GPX, the data centre company with infrastructure in India that connects clients in India to Google and Amazon’s cloud services, has sold its India business to Equinix, the company announced on Monday. The deal is an all-cash US$116 million transaction. “GPX Global Systems will now turn its attention to growing our business throughout Africa using our Egyptian business as the anchor for our expansion. We believe Africa represents a very similar opportunity that drove our investments in India, inc...
Tags: Travel, Google, Amazon, News, India, Africa, US, Mergers & Acquisitions, Mumbai, Equinix, Synergy Research, John Dinsdale, GPX, GPX Global Systems, Nick Tanzi, GPX India


Google rolls out virtual visiting card in India

Google has rolled out a new Search feature in India that enables influencers, entrepreneurs, freelancers, or anyone else who wants to be easily discovered online create a virtual visiting card in what appears to be the company’s latest attempt to add more LinkedIn -esque functionalities into its search engine. The company said it has rolled out the feature, called people cards, first in India because of the special affinity people in the world’s second largest internet market have shown tow...
Tags: Google, Apps, Asia, Microsoft, India, Google Search, Linkedin, Tech, Clark, Lauren Clark


Google rolls out virtual business card in India to take on LinkedIn

Google has rolled out a new Search feature in India that enables influencers, entrepreneurs, freelancers, or anyone else who wants to be easily discovered online create a virtual visiting card in what appears to be the company’s latest attempt to bring more of LinkedIn functionalities into its search engine. The company said it has rolled out the feature, called people cards, first in India because of the special “affinity” people in the world’s second largest internet market have shown to...
Tags: Google, Apps, Asia, Microsoft, India, Linkedin, Tech, Lauren Clark


Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India

Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. Sequoia India, the India and SEA investment arm of the storied U.S. headquartered venture firm, led the Series A round in four-year-old Incomlend. The CMA CGM Group, one of the world’s largest shipping and logistics firms, also participated in the round. Incomlend’s invoice trading platform is solving...
Tags: Apps, Asia, Europe, Finance, Singapore, India, Funding, Tech, Sea, Sequoia, North Asia, CMA CGM Group, Sequoia India, Sequoia Capital India, Europe Southeast Asia, Abheek Anand


Drone’s flight path needs rigour to serve India’s varied parts

By Dr. Poornima Advani, partner, The Law Point From protecting farms to traffic management, India is moving ahead with the use of drones, as contactless operations have caught on amid the pandemic. But their flight path ahead will need rigorous planning, despite many safeguards introduced in recently-notified rules. Under the draft Unmanned Aircraft System Rules issued in June, policymakers have shown prudence by requiring drone operators to seek permits that are renewable every five years as we...
Tags: Travel, News, Privacy, Saudi Arabia, China, India, Surveillance, Drones, Views, Modi, Securities and Exchange Board of India SEBI, SCC, DGCA, Union of India, Drone Rules, Directorate General of Civil Aviation DGCA


Global Coronavirus Cases Hit 20 Million

Global coronavirus cases pushed past 20 million on Monday, according to a Reuters tally, with the United States, Brazil and India accounting for more than half of all known infections. From a report: The respiratory disease has infected at least four times the average number of people struck down with severe influenza illnesses annually, according to the World Health Organization. The death toll from COVID-19, meanwhile, at more than 728,000 has outpaced the upper range of annual deaths from the...
Tags: Russia, India, Tech, United States, South Africa, Brazil, World Health Organization, Reuters, Wuhan China, United States Brazil, COVID


Amazon tops 1 million Prime subscribers in India; reports record seller participation in Prime Day

Amazon has amassed at least 1 million subscribers for its Prime loyalty service in India, the e-commerce giant revealed today in a long rundown of how its platform fared during last week’s Prime Day in the world’s second largest internet market. More than a million Prime subscribers in India shopped from small businesses in the two weeks leading up to 48-hour Prime Day event last week, the company said in a blog post. Factoring in the ongoing global pandemic, Amazon last month chose India as ...
Tags: Amazon, Ecommerce, Asia, China, India, Tech, Walmart, Xiaomi, Jeff Bezos, Oneplus, Alexa, Amazon India, Amazon Prime Day, Diwali, Globally Amazon, Amit Agarwal SVP


ByteDance valuation under huge pressure as TikTok sale nears

As it reached an estimated valuation of $100 billion this year, TikTok’s parent company ByteDance solidified its status as the most valuable startup in private markets. Its success outside China has also become a source of envy and inspiration among its local peers. Now, the company’s price tag is under tremendous pressure as it’s set to shed its priced asset TikTok, several investors told TechCrunch. ByteDance last year generated 120 billion yuan ($17.2 billion) in revenue, said an invest...
Tags: Asia, China, India, Tech, Bloomberg, Tencent, Weibo, Reuters, Toutiao, Kuaishou, Zhang Yiming, Bytedance, Douyin, Tiktok, TechCrunch ByteDance, TikTok Douyin


With a renewed focus on creative skills, online learning company Skillshare raises $66M

CEO Matt Cooper said 2020 has been a year of rapid growth — even before the pandemic forced large swaths of the population to stay home and turn to online learning for entertainment and enrichment. Cooper (who became CEO in 2017) told me that the company decided last year to “focus on our strength,” leading to a “brand relaunch” in January 2020 to emphasize the richness of its creativity-themed content. At the same time, Cooper said the company defines creativity very broadly, with classes div...
Tags: Fundings & Exits, Startups, Media, Education, India, Funding, Tech, United States, Gm, Skillshare, Cooper, Victo Ngai, Bob Ross, Susan Orlean, Matt Cooper, Shantell Martin


Trump's WeChat ban could significantly hurt Apple's iPhone sales, says one of the most reliable Apple analysts (AAPL)

President Trump's executive order could have a significant impact on iPhone shipments if Apple is required to remove WeChat from the App Store, says analyst Ming-Chi Kuo. iPhone shipments could decline by up to 30%, although the reports do not make it explicitly clear whether this refers to shipments specifically in China or globally. A best case scenario for Apple would only see WeChat removed from the US App Store, not the global App Store, says Kuo. iPhone shipments would only see a decline...
Tags: Apple, Google, Europe, Navy, China, India, US, Trends, United States, Tencent, Chinese communist party, App Store, Aapl, Trump, Facebook Apple, Mac Apple


Winston Churchill Praises the Virtue of “Brevity” in Memos to His Staff: Concise Writing Leads to Clearer Thinking

George Orwell and Winston Churchill didn’t agree on much. For example, while Orwell wrote with deep sympathy about coal miners in The Road to Wigan Pier, Churchill, as home secretary, brutally crushed a miner’s strike in Wales. Orwell’s early years as “an apparatchik in the last days of the empire… left him with a hatred of authority and imperialism,” writes Richard Eilers. Churchill was a committed imperialist all his life, instrumental in prolonging a famine in British India that killed “at l...
Tags: Google, Facebook, Politics, UK, Writing, Wales, College, Nazis, India, George Orwell, Winston Churchill, Times, Orwell, Churchill, Cormac Mccarthy, Kurt Vonnegut


CakeResume, which wants to become Asia’s largest tech talent pool, raises $900,000 seed round

CakeResume is a startup creating an alternative for the tech industry to job search platforms like LinkedIn. The Taipei-based company, founded in 2016, announced today that it has raised $900,000 in seed funding from Mynavi, one of the largest staffing and public relations companies in Japan. The round will be used to expand CakeResume’s operations in other countries, including Japan and India. Founder and chief executive officer Trantor Liu, who was a full-stack web developer at Codementor befo...
Tags: Google, Fundings & Exits, Startups, TC, Facebook, Asia, Japan, India, Linkedin, Tech, Tesla, Taiwan, United States, Recruitment, Taipei, South Asia


India to ban import of defence-grade fixed wing mini drones from December 2020

India will place a ban on importing fixed-wing mini drones for military purposes starting December 2020, as the Defence Ministry on Sunday released a list of 101 items for which there will be an import embargo. The import of items included in the list will be progressively be banned from December 2020 to December 2025. Apart from fixed-wing drones, the list contains other technology weapon systems such as radar, assault rifles, and sonar systems, among others. The Ministry also said that it will...
Tags: Travel, News, China, India, US, Drones, Pakistan, Army, Air Force, Hindustan Times, Ministry, Defence Ministry, Balochistan, Gwadar, Medianama, PLA Navy


Netflix launches Hindi user interface, a move towards localising in India

Netflix has launched a Hindi user interface, the company announced on Friday. This is a significant step towards localising in the country over three and a half years after the service launched in India. The company also posted a job listing for a localization manager in Mumbai. As a part of the Hindi UI launch, some (but not nearly all) of Netflix’s catalogue is available with Hindi descriptions, including many Netflix originals and some licensed content. We have reached out to Netflix to find ...
Tags: Travel, Apple, News, India, Netflix, Mumbai, Amazon Prime Video, Hotstar, Indic, Localisation


VPN booms as countries around the world mull TikTok bans

As countries around the world ban or threaten to restrict TikTok, interest in virtual private networks has spiked. The use of VPNs can let users access an online service from an encrypted tunnel and thus bypass app blocks. “We are seeing an increasing number of governments around the world attempting to control the information their citizens can access,” observes Harold Li, vice president of ExpressVPN, which claims to have over 3,000 servers across 94 countries. “For this reason, VPNs are us...
Tags: TC, Asia, Hong Kong, Japan, Australia, Government, China, India, Censorship, Tech, Vpn, Signal, Pavel Durov, Li, Josh Constine, Tiktok


This engineer explains how throwing himself head-first into Amazon Web Services certifications landed him a new cloud gig with a 40% higher salary — and why he recommends it for anyone trying to get leg-up in the IT industry

Satya Kolachina quit his job in enterprise architecture and spent three years throwing himself into six AWS certifications. Now he's a cloud architecture with a 40% higher salary.  In a rapidly changing industry, IT certifications have long been a tool for engineers to stay current in their industry, grow their skillsets, and pivot to different career fields. Some of the best-paying certifications today are in cloud computing.  "In technology field, we have to adapt to new changes," Kolachina ...
Tags: Google, Amazon, Microsoft, India, US, Trends, Aws, Amazon Web Services, Wells Fargo, Ernst, Microsoft Azure, Google Cloud, Vivek Ravisankar, Ravisankar, Satya Kolachina, Kolachina


India awards apps that offer citizens Microsoft and Google alternatives

And bans future imports of much military tech India has named apps that it thinks citizens could do worse that adopt in the spirt of the nation’s self-reliance push , and the list includes competitors to software from global giants like Microsoft and Google.…
Tags: Google, Microsoft, India, Software


Startups Weekly: What countries want your startup?

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT). Subscribe here. They say business needs certainty to succeed, but new tech startups are still getting funded aggressively despite the pandemic, recession, trade wars and various large disasters created by nature or humans. But before we get to the positive data, let’s spend some time reviewing the hard news — there is a lot of it to process. TikTok is on track to get ba...
Tags: Apple, Startups, TC, Facebook, Hong Kong, Europe, Microsoft, Etsy, China, India, US, America, Tech, Tencent, Silicon Valley, South America


Take a look at 'Gorm the Zop,' the confusing video game that Google uses to teach employees how hard smartphones and the internet can be for first-time users in the developing world (GOOGL)

Google's Next Billion Users initiative focuses on building products for emerging markets. To illustrate how confusing a smartphone can be for a first-time user, Google made a video game where players try to decipher the meaning. It's called 'Gorm the Zop'. Visit Business Insider's homepage for more stories. Gorm the Zop. That's your objective. And if you have no idea what it means, don't worry. You're not supposed to. 'Gorm the Zop' is a game played by employees inside Google Next Billion Use...
Tags: Google, Amazon, Mexico, India, Nigeria, Trends, Brazil, Mountain View, Sundar Pichai, Woodward, India Indonesia, NBU, Josh Woodward, Google Next Billion Users, Zop Woodward


A peek inside Goldman Sachs' internal idea factory that's hatched products like a LinkedIn for Wall Street. Here's what else it's trying to disrupt at the bank.

Goldman Sachs' internal incubator program, GS Accelerate, enables employees of the bank to trade their day jobs to become full-time entrepreneurs. The program was started in March 2018. So far, it has received 2,000 applications for funding for business ideas from within Goldman's ranks, but just 13 have received investments. This week, Goldman held a virtual demo day showing off some of the businesses the firm has incubated, and Business Insider was exclusively invited to attend. Are you a yo...
Tags: Google, New York, London, India, US, Trends, Tokyo, Goldman Sachs, Panorama, Goldman, Blackstone, Baker, Cto, Business Insider, Wells Fargo, Trump


Daily Crunch: Trump bans transactions with ByteDance and Tencent

Trump escalates his campaign against Chinese tech companies, Facebook extends work from home until the middle of 2021 and Netflix adds support for Hindi. Here’s your Daily Crunch for August 7, 2020. The big story: Trump signs orders banning US business with TikTok owner ByteDance and Tencent’s WeChat Both orders will take effect in 45 days, but its specific impact is unclear since Secretary of Commerce Wilbur Ross will apparently not identify what transactions are covered until then. This c...
Tags: Google, Facebook, Lyft, India, US, Tech, Policy, Netflix, United States, Commerce, Tencent, Donald Trump, Intel Capital, Trump, Don, U S District Court


The US' Clean Apps initiative would severely limit the global ambitions of China's smartphone vendors

The US intends to prevent Chinese smartphone vendors from preloading or offering apps developed by US companies. If Chinese vendors are forced out of these markets, there will be a significant opportunity for US-aligned vendors like Samsung, Motorola, and LG. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Connectivity & Tech industry with the Connectivity & Tech Briefing. You can learn more about subscribing here. The US State Department unveiled a five-pro...
Tags: Google, Indonesia, China, India, Africa, US, Trends, Snapchat, Middle East, Xiaomi, Lg, Huawei, Trump, US State Department, PRC, Global Times


Inside the Goldman Sachs incubator that allows everyone from analysts to MDs to become paid entrepreneurs on the bank's dime — and a look at the startups the firm is betting on

Goldman Sachs' internal incubator program, GS Accelerate, enables employees of the bank to trade their day jobs to become full-time entrepreneurs. The program was started in March 2018. So far, it has received 2,000 applications for funding for business ideas from within Goldman's ranks, but just 13 have received investments. This week, Goldman held a virtual demo day showing off some of the businesses the firm has incubated, and Business Insider was exclusively invited to attend. Are you a yo...
Tags: Google, New York, London, India, US, Trends, Tokyo, Goldman Sachs, Panorama, Goldman, Blackstone, Baker, Cto, Business Insider, Wells Fargo, Trump


As the world stays home, edtech’s Q2 venture totals rose sharply

My friend and colleague Natasha Mascarenhas has been reporting on the edtech beat quite a lot in 2020. So far reading her coverage, I’ve discovered that not only is edtech less dull than I anticipated, it’s actually somewhat interesting on a regular basis. This week, for example, India’s Byju bought WhiteHat Jr., another Indian edtech company, for $300 million. So what, you’re thinking, that’s just another startup deal? Yes, but it was an all-cash transaction, and White Hat Jr. was only 18 month...
Tags: Fundings & Exits, Startups, TC, Education, India, Tech, Edtech, Exchange, SVB, Silicon Valley Bank SVB, Market Analysis, Byju, The Exchange, Extra Crunch, Natasha Mascarenhas, Coronavirus



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