Thursday, March 28

Author: Rishabh

A love for stories and urge to be more exposed to the outer world made Rishabh to work with Pixr8 as a content writer. He choses to go with his personal interest of writing and hence is a writer not only by profession, but also by heart and choice. He is currently pursuing his B-tech from Noida.
Funexch – Best Online Casino Platform in India to Earn Money
Story

Funexch – Best Online Casino Platform in India to Earn Money

Online casino have become increasingly popular in India over the years and there are some most popular casino websites for playing these games. Over the years in Funexch.com Best Online Casino Platform in India to Earn Real Money that can be played and earn money without the need for downloads or distractions. Their games are available on desktop, tablet, and mobile devices, making them accessible to players wherever they are. While the Bollywood superstar Arjun Rampal become the brand ambassador of Funexch Games, on the other hand they offer a curated selection of games that are sure to provide hours of entertainment. With their extensive selection of games and easy-to-use interfaces, these websites are perfect for players who want Play and Earn Money as well. Funexch The platfo...
The Growth of Fintech Startups in MENA
MIDDLE EAST

The Growth of Fintech Startups in MENA

In the Middle East and North Africa (MENA), the home of oil and Arab princes, the fintech sector is penetrating its roots in the country. Over the past decade, fintech startups in MENA region have raised over $100 million total funding, which is expected to get double by the year 2020. The net funding raised by these fintech startups in the year 2017 is $24 million alone, an increase of 13percent on the $18 million in disclosed investments in 2016. Among these it PayTabs raised the highest funding of $20 million last year, a fintech startup that provides business solutions to online businesses across the globe. Adding to the sector, YallaComapare (former Comareit4Me) raised a funding of $3.5 million and $1.46 million investment received by Now Money. Among the latest happenings in the fi...
Funding Facebook : From Harvard Dorm Room to $500 Bn Company
Story

Funding Facebook : From Harvard Dorm Room to $500 Bn Company

What started in a dorm room of Harvard University has totally changed the outlook of people all across the world on how they socialize. We are talking about none other than Facebook or "TheFacebook" as it was called back then! Facebook was founded by Mark Zuckerberg and his college roommate and fellow Harvard University student Eduardo Saverin. Initially the website's membership was kept limited only to Harvard University students, which soon was expanded to other colleges in Bosto, the Ivy League and gradually to all universities of the US and Canada. By September 2006, it was open for everyone all across the world with a valid email address, aged 13+.   The idea of 'Facebook' Zuck got the idea of Facebook from his previous website- FaceMash, which he launched while he wa...
Google Removes ‘View Image’ in Image Searches to Prevent their Stealing
News

Google Removes ‘View Image’ in Image Searches to Prevent their Stealing

If you are a blogger or often download images from the 'Google Search' you must've noticed that you no longer can see 'view image' button. Well it's not the fault of your internet connection or your browser! Google has actually removed the 'View Image' button to prevent stealing of images. The move is small, but the impact it will be causing is huge. The button was extremely useful to students or researchers when they're searching for an image. Although, it was also used by some businesses to simply go to the image and download it and use commercially. Which, by the way, is prohibited to use.   Today we're launching some changes on Google Images to help connect users and useful websites. This will include removing the View Image button. The Visit button remains, so users can ...
Messaging Platform Telegram Raised $850 million
FUNDING

Messaging Platform Telegram Raised $850 million

As per the latest filing by Telegram CEO Pavel Durov with SEC, Telegram's billion dollar ICO (Initial Coin Offering) has raised its initial $850 million, reaching its first milestone. According to the report, that was submitted on Tuesday, the money is raised for the "development" of TON (Telegram Open Network) Blockchain, "the development and maintenance of Telegram Messenger and the other purposes described in the offering materials." "This $850,000,000 offering was made under a claim of federal exemption under Rule 506(c) and/or Regulation S under the Securities Act of 1933. The issuers may pursue one or more subsequent offerings, in which case a new or amended Form D will be filed," the report clarifies. The initial sum raised is most likely the pre-sale stage of the ICO, as...
Mapping Startup onXmaps Raises $20.3M from Summit Partners
FUNDING

Mapping Startup onXmaps Raises $20.3M from Summit Partners

Missoula, Montana based mapping startup onXmaps has raised a funding of $20.3 million in a Series A round led by global growth equity investor Summit Partners. The round also saw participation from Bessemer Venture Partners, Millennium Technology Value Partners, Next Frontier Capital and NBCUniversal CEO Steve Burke. This funding is one of the biggest round that any startup in Montana has raised. The new development will be used to expand the teams at its Missoula and Bozeman, Montana, offices, to continue building all aspects of its mapping solutions, and to assemble the definitive off-pavement mapping data set. onXmaps allows its users to download offline topographic maps, indicating public and private lands and other details that can help a traveler to locate about its surrounding...
How Tencent Becomes a Bigger Social Media Platform than Facebook
BUSINESS

How Tencent Becomes a Bigger Social Media Platform than Facebook

Chinese internet giant Tencent Holdings has left Facebook Inc behind it and has become the world's most valuable social network company. Tencent is the company behind China's popular WeChat messenger and is the first company in China to be worth more than $540 billion. Tencent is right now sitting on an advertising goldmine and just 18% of its total revenue in FY 2016 came from online advertising. Comparing with Facebook's model: advertising makes up 98% of its total revenue. Tencent, however works on a different business model.   Tencent- Early Start Tencent was started by Ma Huateng (aka Pony Ma) along with his four friends- Chen Yidan, Zhang Zhidong, Xu Chenye, Zeng Liqing in 1998. Its first product was launched in 1999 which was a free instant messaging PC service - OI...
Why Uber CEO is not Worried about its Losses?
Entrepreneurs Talk

Why Uber CEO is not Worried about its Losses?

Speaking at a conference held in San Francisco on Monday, the cab aggregator giant Uber Technologies chief executive officer Dara Khosrowshahi said that "we can turn the knobs to get this business even on a full basis profitable." Uber's last year losses were $4.5 billion on net revenue of $7.5 billion, but this is the last thought that Uber CEO is worried about right now. He says,"(forcing the business to be profitable)would sacrifice growth and sacrifice innovation.” Dara said that it's Uber's commitment to "developing" markets that are dragging its business down, but he views that as an "optional investment". He however, thinks that it is the "right thing to do," indicating that company will not stop exploring options and investing in Asia. Ultimately, Uber's business is getting p...
Google to Acquire IOT Platform for $50 million
ACQUISITION

Google to Acquire IOT Platform for $50 million

Google announced in a blog-post that it has agreed into agreements to acquire Xively, a division of LogMeIn Inc for $50 million through which, its  Cloud IOT Core will gain deep IOT technology and engineering expertise, including Xively’s advanced device management, messaging, and dashboard capabilities. Google believes that the growing IOT market can reach as much as 20 billion connected things by 2020. This acquisition of Xively will help the search engine giant to enable device designers to build connectivity directly into the design process while providing a cloud-mobile connection between the end user app and the connected device. "With the addition of Xively’s robust, enterprise-ready IoT platform, we can accelerate our customers’ timeline from IoT vision to product, as they lo...
Know How This Startup Founder Beat His Depression in a Weird but Amazing Way
INSPIRATIONAL

Know How This Startup Founder Beat His Depression in a Weird but Amazing Way

The success stories in the startup ecosystem have always been told in a single manner- how a bunch of co-founders meet, discuss a common, yet thriving issue and plan a service to eradicate that out of the system. Soon they get appreciated for their work, raise seed funding or a couple of series funding on top of that and that's it! But is this really the end? Or let's rephrase, ain't it a beginning of something new and bigger? We all must've remembered this dialogue from an amazing movie called 'Spiderman", here it is in case you don't:   This is mostly true in every scenario of our lives, but in case of the startup ecosystem, it holds even stronger. Actually, the journey of an entrepreneur becomes more surprising after he/she raises funding or scales up its business. ...
Apple may Introduce Three New iPhones this Year
Tech

Apple may Introduce Three New iPhones this Year

Apple's $999 iPhone X may soon be old! Smartphone giant maker Apple is now gearing up to introduce three new iPhones this year. It is also reported that one of them will be more premium than the other two. The news is predicted by KGI Securities analyst Ming-Chi Kuo , who along with his team is well known for predicting details about Apple products launch. "We predict Apple will launch three new iPhone models in 2H18: 6.5-inch and 5.8- inch OLED models and a 6.1-inch TFT-LCD model, all equipped with a full-screen design and TrueDepth Camera (front 3D sensing), as with iPhone X," Kuo wrote in Monday's note. It is predicted that Apple is preparing two iPhones which will be targeting "high-end market", in the report. However, the third model will be for the lower-end market which may be pri...
RailYatri To Raise $10 Million Funding From Omidyar Network
FUNDING

RailYatri To Raise $10 Million Funding From Omidyar Network

Indian Railway query platform RailYatri is in talks to secure a funding of $10 million from its existing investor Omidyar Network, a philanthropic investment firm. This third round of funding will also see participation from its other existing investors including Blume Ventures, Helion Venture, Nandan Nilekani according to the source ET. “While the talks are on with our existing investors, the quantum of capital we will raise will depend on the scale we wish to achieve over the next 12-18 months,” Manish Rathi, co-founder of RailYatri told the source. The fresh capital will be used to expand the firm's offerings to capture the long-distance market through penetration in geographical spread of buses, along with the introduction of long-distance taxis. RailYatri will also be aiming ...