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Tag: techshots (page 1 of 21)

Microsoft, Honor expand partnership to develop new AI, devices

Microsoft and Honor have announced the expansion of their ongoing partnership, under which they will focus on Microsoft’s cloud adoption, and other tech. Honor will use AI speech and translation services based on Microsoft’s Azure cloud for a variety of uses, including its new assistant YOYO. Microsoft will also help Honor improve user experiences for Honor mobiles, laptops, and other devices. The companies will jointly explore innovative mobile experiences.

Source: Microsoft

Irish data protection Commission probes TikTok for data handling

Two probes have been initiated by Ireland’s Data Protection Commission, which will look into TikTok’s data handling. The commission is the EU’s main regulator for apps like TikTok and will examine the app’s data protection requirements, while also checking transfers of data by TikTok to China. The Commission has the authority to levy fines of up to 4% of the companies revenues, and the probes go on to show another instance of possible data theft by China.

Source: Techcrunch

Virat Kohli appointed as Global Brand Ambassador, Athlete-Investor by Hyperice

Recovery and movement enhancement company Hyperice has appointed Indian cricketer Virat Kohli as it’s Global Brand Ambassador, as well as athlete-investor. The company said Kohli will work to accelerate its global and Indian expansion. Hyperice was started in 2010 as an Ice and compression sleeve company but now has expanded to have many products, with notable superstars such as Erling Haaland also amongst its athlete-investors.

Source: Forbes

UST attains CarbonNeutral certification

Digital transformation solutions company UST has announced that it has received the CarbonNeutral certification, in accordance with the CarbonNeutral Protocol, created by Natural Capital Partners in 2002. The protocol is the first set of clear guidelines for companies to achieve Carbon Neutrality, and is regularly updated to be up to industry and scientific standards. The certification comes as one in a number of social responsibility initiatives by UST.

Source: UNI India

 

Investing platform Groww in talks to raise funds at $3B valuation

Indian startup Groww is in talks for a new financing round to raise funds at a $3B valuation. According to reports, the investing Platform is looking to raise up to $250M from the round, which could close within weeks. While the terms of the deal are subject to change, the startup is also looking to internally expand into cryptocurrency but hasn’t made any firm decisions as to when it will offer such trading options.

Source: Techcrunch

MailChimp acquisition in $12B deal confirmed by Intuit

Intuit has confirmed rumors that it was in the process of buying MailChimp, saying that a $12B deal is in place to acquire the email giant. The deal will comprise both cash and stock and will help Intuit enter the email marketing sector. The company has said the deal will help “advance” Intuit’s “powering prosperity around the world, and its strategy to become an AI-driven expert platform”. Intuit shares were up by 0.15% in after-hours trading.

Source: Moneycontrol

Infogain Global CISO details work-life balance, how it helped in Pandemic

In an interview with TechShots, Infogain Global CISO Ravinder Arora has said that work-life balance in the pandemic has helped many, including himself, to keep themselves motivated and maximise team productivity. Stating that while the pandemic proposed new challenges with regards to connecting with people, having a good exercise regime helped him stay on his toes and alert in dealing with any Cybersecurity threats as and when required.

Apple’s wearables chief Kevin Lynch to lead its car division, says report

Apple, according to Bloomberg, has appointed Kevin Lynch, previously chief of its wearables division, to now lead its secretive self-driving car unit. The news comes after the departure of Doug Field, who left Apple for Ford earlier. Lynch joined Apple in 2013 and has been the one to present many new features for the iWatch OS. The report said that after having joined the division earlier, Lynch is now overseeing the entire unit.

Source: Techcrunch