Priyanka | Pixr8 News

Apple Launch 4 New iPhones for Faster 5G Wireless Networks

14Oct By PriyankaNo Comments

Tech

Apple Launch 4 New iPhones for Faster 5G Wireless Networks

Washington, Oct 14, 2020: Apple launched four new iPhone 12 equipped with technology for use with faster new 5G wireless networks in its latest Apple event. There's the iPhone 12, with a 6.1-inch display, the same as the iPhone 11 but lighter and thinner, starts at almost USD 800 and the iPhone 12 Mini with a 5.4-inch display at almost USD 700. A higher-end iPhone 12 Pro with more powerful cameras will begin at roughly USD 1,000; the 12 Pro Max, with a 6.7-inch display, will set buyers back at least USD 1,100. Apple said the phones should be more durable. In a move that may annoy some consumers, Apple will no longer include charging adapters with new phones. It says that will mean smaller, lighter boxes that are more environmentally friendly to ship. Apple, however, separately s...

CarDekho to open 50 offline stores in India

13Oct By PriyankaNo Comments

Automobile

CarDekho to open 50 offline stores in India

Jaipur, Oct 13th, 2020: Automobile portal CarDekho has decided to open 50 offline stores in the country within the next six months in view of rising demand for used cars, according to a senior company official. Amid the coronavirus pandemic, people are looking forward to using their own car instead of public transport and, therefore, the demand for used cars has increased, particularly in the segment of $3000 to $7000 (Rs 2-Rs 5 lakh), CarDekho Group Head (Trust Mark Stores) Sharad Jaiswal told PTI. He added that the company's first store ''CarDekho Gaadi Trust Mark'' was opened in New Delhi, and the firm is planning to open 50 such exclusive stores by March 2021 to sell used cars. He said the company plans to open 50 Trust Mark Exclusive stores and 200 Retail Touchpoints by marc...

Twilio to Acquire Segment for $3.2 billion

12Oct By PriyankaNo Comments

ACQUISITION

Twilio to Acquire Segment for $3.2 billion

SAN FRANCISCO, 12th Oct 2020-- Twilio (NYSE: TWLO) to acquire Segment for approximately $3.2 billion in stock and cash deal. The transaction is expected to close in the fourth quarter of 2020. “Data silos destroy great customer experiences,” said Jeff Lawson, co-founder, and CEO of Twilio. “Segment lets developers and companies break down those silos and build a complete picture of their customer. Combined with Twilio's Customer Engagement Platform, we can create more personalized, timely, and impactful engagement across customer service, marketing, analytics, product, and sales. We are thrilled to welcome Segment to the Twilio team.” The businesses that deliver the best experiences are the ones that know their customers well and use customer data to provide more relevant interactio...

Amazon Sends Legal Notice to Future Group over Asset Sale to Reliance Group

12Oct By PriyankaNo Comments

News

Amazon Sends Legal Notice to Future Group over Asset Sale to Reliance Group

NEW DELHI, 12th October 2020: US based eCommerce giant Amazon sends a legal notice to Future Group, alleging that the retailer's $3.4 billion asset sale to Reliance Industries violated an agreement with the e-commerce giant. "We have initiated steps to enforce our contractual rights," a spokesperson for the Seattle-based e-commerce giant said. "As the matter is sub-judice, we can't provide details." In August 2019, Future Retail had informed stock exchanges that Amazon.Com NV Investment Holdings LLC would acquire 49 per cent stake in Future Coupons from their promoters, led by Kishore Biyani, for an undisclosed amount. At that time Future Coupons held 7.3 per cent stake in Future Retail. As part of the agreement, Amazon was also granted a call option, which allowed the US e-comme...

The Story behind Paytm App delisting from Google Play Store

5Oct By PriyankaNo Comments

BLOGS

The Story behind Paytm App delisting from Google Play Store

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Note: The article was written by Paytm Team on its blog first and we copied the article and published it here. The article represents their side of views. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Suddenly UPI cashback is called an “Online Casino” by Google. On Friday, 18 September 2020, India’s most preferred payments and financial services app – Paytm w...

Paytm Launches its Own App Mini Store after Google Hit

5Oct By PriyankaNo Comments

News

Paytm Launches its Own App Mini Store after Google Hit

New Delhi, 5th Oct 2020: India's leading payment app Paytm has launched its own mini-app store to support local app developers after Google ban its payment app without sending an official email to the company. Paytm being temporarily removed from Google’s Play Store on 18th September for violating developer guidelines. Also, Google proposes a 30% commission from the Indian app developers through its in-app billing system but facing backlash Google delays this decision to April 2022. Paytm in its official statement said, the mini-app store will help developers take their products to the masses and is providing listing and distribution of these mini-apps within its app. More than 300 apps, including Decathlon, Ola, Rapido, Netmeds, 1MG, Domino’s Pizza, FreshMenu, NoBroker, have joi...

Zynga Acquire Istanbul Based Rollic for $180 Million

3Oct By PriyankaNo Comments

ACQUISITION

Zynga Acquire Istanbul Based Rollic for $180 Million

SAN FRANCISCO, Oct 3rd, 2020-- Zynga acquired 80% of Istanbul-based mobile games developer and publisher Rollic for $180 million in cash. Over the next three years, Zynga will acquire the remaining 20% in equal installments at valuations based on specific topline and profitability goals. The Rollic acquisition marks Zynga’s entrance into the fast-growing hyper-casual market and brings a highly talented team with a substantial network of external developers to Zynga. Rollic also meaningfully increases Zynga’s audience while growing its advertising business. Rollic will continue to be led by founder and Chief Executive Officer Burak Vardal and its current management team. Additionally, the company plans to maintain its headquarters in Istanbul, Turkey. “We’re thrilled to welc...

US Unemployment Rate Fall to 7.9%, 661,000 Jobs are Added

2Oct By PriyankaNo Comments

USA

US Unemployment Rate Fall to 7.9%, 661,000 Jobs are Added

Washington, 2nd Oct 2020: The US economy added 661,000 jobs in September, the Labor Department said on Friday. Total nonfarm payroll employment increased by 661,000 in September. The unemployment rate dropped to 7.9 percent compared to 8.4% in the previous quarter, but the true rate, after adjusting for the misclassification error, was 8.3 percent. Between February and April, more than 22 million jobs were lost. Since April, 52% of those jobs have been recovered. However, recent data suggest that the rate of job recovery is slowing. We expect the US growth and jobs revivals to continue to decelerate in the coming months as the number of new Covid-19 cases is growing, layoff rates remain high, and weaker government stimulus limit the spending capacity of many households. As ...

Axis Security Raises $32 Million to Accelerate Growth

2Oct By PriyankaNo Comments

FUNDING

Axis Security Raises $32 Million to Accelerate Growth

SAN MATEO, Calif., Oct. 2, 2020-- Axis Security, the leader in Zero Trust Access raises $32 million in Series B funding led by Canaan Partners, with participation from existing investors Ten Eleven Ventures and Cyberstarts. Axis will use the funds to accelerate growth and meet market demand driven largely by COVID-19 and the work from anywhere (WFA) movement sweeping the globe. As part of the funding round, Canaan Partners' general partner Joydeep Bhattacharyya has joined Axis Security's board of directors. "Axis has quickly established itself with a differentiated, already proven approach to the decades-old problem of securing application access," said Bhattacharyya. "What has been most impressive to us is how the company has moved quickly and met the opportunity since coming out ...

Starbucks Announces 10% Increase in Quarterly Cash Dividend

1Oct By PriyankaNo Comments

Market

Starbucks Announces 10% Increase in Quarterly Cash Dividend

SEATTLE, Oct 1st 2020-- Starbucks Corporation (NASDAQ: SBUX) announced that its Board of Directors approved a 10% increase in the Company’s quarterly cash dividend. The quarterly cash dividend will increase from $0.41 to $0.45 per share and will be effective with the dividend payment to be distributed on November 27, 2020 to shareholders of record on November 12, 2020. This increase raises the Company’s annual dividend rate to $1.80 per share. “The Board’s decision to raise our quarterly dividend demonstrates confidence in the strength of our recovery and the robustness of our long-term growth model,” said Kevin Johnson, Starbucks president, and CEO. “Our cash flow generation is strong, and we remain committed to reducing our financial leverage while continuing to invest for fut...

Amazon Introduces Amazon One, a Contactless Payment via Palm

29Sep By PriyankaNo Comments

News

Amazon Introduces Amazon One, a Contactless Payment via Palm

Seattle, 29th Sept 2020- US-based eCommerce platform Amazon Introduces Amazon One, a contactless way for people to use their palm to pay at the store, entering a location like a stadium, etc. Amazon said the service is designed to be highly secure and uses custom-built algorithms and hardware to create a person’s unique palm signature." Amazon will use this service in select Amazon Go stores, where Amazon One will be added to the store’s entry gate as a convenient choice for customers to use to enter the store to shop. In most retail environments, Amazon One could become an alternate payment or loyalty card option with a device at the checkout counter next to a traditional point of sale system. The process takes less than a minute to sign up at these Amazon Go stores using an...

28Sep By PriyankaNo Comments

USA

US Judge Suspends Trump Ban on Tiktok

Washington, 28th Sept 2020: U.S. District Judge Carl Nichols temporarily blocked President Donald Trump’s ban order on TikTok. U.S. District Judge granted a preliminary injunction against the ban on new downloads of the video-sharing network, which would have gone into effect at 11:59 p.m. in Washington. TikTok’s owner, ByteDance Ltd. applied for the hold after President Trump ordered the app ban despite of the company sold a stake in its U.S. operations to a domestic buyer. The ban would have removed TikTok from app stores run by Apple and Google. People who don’t yet have the app wouldn’t have been able to get it, and those who already have it wouldn’t have access to updates needed to ensure its safe and smooth operation. TikTok has been downloaded by more than 100 million...