Alphabet-backed Indian lender files for $171M IPO

Posted on December 17, 2024 by Techme101

Aye Finance, a lender targeting small- and medium-sized businesses in India, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors. Proceeds from the IPO will be used to expand […]
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PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies

Posted on December 17, 2024 by Techme101

Apple ranked Temu as the top free app on its U.S. iOS store for the second year running even as Chinese companies face greater U.S. government scrutiny

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Nubank leads $250M round in African digital bank Tyme at $1.5B valuation

Posted on December 17, 2024 by Techme101

Tyme Group, a South African-born fintech operating in the African country and the Philippines, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings (which owns NuBank), Latin America’s most valuable fintech, which invested $150 million for a 10% stake. M&G Catalyst Fund […]
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Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups

Posted on December 17, 2024 by Techme101

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas […]
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Mark Zuckerberg says Threads now has 100M daily active users

Posted on December 17, 2024 by Techme101

Meta’s X rival Threads is growing steadily with more than 100 million people using the service daily, the company’s CEO Mark Zuckerberg said Monday. Zuckerberg also noted that Threads now has 300 million monthly active users, up from 275 million monthly active users in November. While Meta has regularly released updated numbers about monthly active […]
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All 6 Types of IVR Routing and When to Use Each One

Posted on December 17, 2024 by Techme101

Thoughtful use of IVR routing can streamline operations almost immediately. Learn how to connect customers faster for a better experience.

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Trump meeting TikTok CEO as ban deadline looms

Posted on December 17, 2024 by Techme101

The social media giant is currently seeking to delay a law that would see it banned or sold in early 2025.

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Waymo to begin testing in Tokyo, its first international destination

Posted on December 17, 2024 by Techme101

The Alphabet-owned company has struck deals with major Japan-based robotaxi operators to begin testing in 2025.

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Waymo robotaxis are coming to Tokyo in 2025

Posted on December 17, 2024 by Techme101

Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s “road trips,” a development program that involves bringing its technology to a variety of cities and testing it — […]
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China wants to dominate in AI — and some of its models are already beating their U.S. rivals

Posted on December 17, 2024 by Techme101

Chinese AI models are already hugely popular and are keeping pace with — and even surpassing — some U.S. rivals, industry experts told CNBC.

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