Tuesday, March 19

Tag: online

A Few Tips on How to be Cyber Smart in 2022
Tech

A Few Tips on How to be Cyber Smart in 2022

Cyber safety has become one of main priorities in the last couple of years, not only for big companies, but for common people too. Due to COVID-19 pandemics, almost all the work had to be done online which led to many cyber frauds and thefts, as people were not prepared for that. Now, at the beginning of 2022, it is important to be remind ourselves of the importance of reducing cyber risk as much as possible. Choose Long Passwords Although electronic services and social networks usually accept passwords from 6 characters, experts advise using passwords that are at least 10 characters long and that combine upper and lower case letters, numbers and special characters. We can use a phrase as a password (never personal information such as names or dates), but it is important that it...
YouTube acquired Indian video e-Commerce platform Simsim
ACQUISITION

YouTube acquired Indian video e-Commerce platform Simsim

New Delhi, Jul 20th, 2021: YouTube said it will acquire Indian video e-commerce platform Simsim, as part of its efforts to help small businesses and retailers in India reach new customers. The detail of the transactions has not been disclosed. "We are taking another step to help viewers discover and buy products from local businesses, we have signed a definitive agreement to acquire Simsim and expect to complete the transaction in the coming weeks," Google said in a blogpost. There will be no immediate changes to Simsim and the app will continue operating independently, it added. YouTube is working on ways to showcase Simsim offers to YouTube viewers. In a joint statement, Simsim co-founders Amit Bagaria, Kunal Suri, and Saurabh Vashishtha said, "The platform was started to he...
Hitachi acquires GlobalLogic for $9.6 billion
ACQUISITION

Hitachi acquires GlobalLogic for $9.6 billion

TOKYO, March 04/02/2021— Japanese leading tech firm, Hitachi, Ltd. (TSE: 6501, “Hitachi”) acquire GlobalLogic, a leading U.S.-headquartered digital engineering services company for $9.6 billion. Through the acquisition, Hitachi expects the addition of GlobalLogic’s advanced digital engineering capabilities, and its solid client base including major technology companies, to strengthen the digital portfolio of “Lumada." Lumada is the name of Hitachi’s advanced digital solutions and services for turning data into insights that drive digital transformation of social infrastructure. The acquisition will accelerate the advanced digital transformation of social infrastructures such as rail, energy, and healthcare on a global scale. Headquartered in Silicon Valley, GlobalLogic is a l...
ACQUISITION

Dropbox to Acquire DocSend for $165 Million

SAN FRANCISCO, 03/30/2021-- Dropbox, Inc. (NASDAQ: DBX) to acquire DocSend, a secure document sharing, and analytics company with more than 17,000 customers for $165 Million. “Given the dramatic rise in remote work, there’s increased demand for digital tools that help people organize their content and seamlessly collaborate with each other,” said Dropbox Co-Founder and Chief Executive Officer, Drew Houston. “DocSend is a perfect complement to our product roadmap and we’re thrilled to welcome them to our team. By bringing Dropbox, HelloSign, and DocSend together, we’ll be able to offer a full suite of secure, self-serve products to help them manage critical document workflows from start to finish.” As work becomes more distributed, effective collaboration with external parties feels...
Sandbox Acquires Fingerprint to Form Sandbox Kids
ACQUISITION

Sandbox Acquires Fingerprint to Form Sandbox Kids

SAN FRANCISCO & LONDON, 03/30/2021-- Fingerprint, a leading global provider of digital content for kids and families, has been acquired by Sandbox & Co., a strategic operator of millennial learning and entertainment companies, to form Sandbox Kids. Sandbox Kids will deliver on-demand, multimedia, multi-platform, digital subscription services for children and families around the world. Industry veteran Nancy MacIntyre will serve as CEO and will lead the newly created Sandbox Kids division, which will include existing Sandbox properties Hopster and Curious World alongside Fingerprint’s Kidomi. Nancy will drive the company’s mission to expand content that engages kids while also helping partners build, operate and market subscription services to reach families around the world...
Stripe Raises $600 Million, Becomes US Most Valuable Startup
FUNDING

Stripe Raises $600 Million, Becomes US Most Valuable Startup

San Francisco, 03/15/2021: Digital payment company Stripe raises $600 million in funding at a valuation of $95 billion, The payment startup becomes US most valuable company surpasses Elon Musk's SpaceX. At the top TikTok owned ByteDance is the most valued digital company at around $180 billion in the world. Founded in 2010 by Patrick and John Collison, Stripe allows companies to accept online or in person card payments. Stripe has more than 50 companies each processing over $1 billion annually. Its list of customers includes Google, Uber and Amazon, and more recently shipping giant Maersk and Jaguar Land Rover. San Francisco and Dublin-headquartered company said it would use the capital to invest in its European operations and expand its global network. At $95 billion, Stripe ...
Data Management Platform Woflow Raises $3.5M
FUNDING

Data Management Platform Woflow Raises $3.5M

SAN FRANCISCO, March 11, 2021-- Woflow, the data infrastructure company behind some of the highest growth online ordering and food delivery platforms raises $3.5M in seed funding to launch the world's first Merchant Data Platform. The platform is a standardized, automated approach to merchant data operations that already powers thousands of interactions a day, through a simple API. The round was led by David Sacks at Craft Ventures with Base10 Partners and Flex Capital participating. Companies including DoorDash, Snackpass, and Chowly already use Woflow to onboard and maintain merchant data on their platforms. The pandemic has accelerated digital transformation across industries including restaurants and local business. This has led to the fast growth of online ordering and del...
Iron Mountain acquire majority stakes in Web Werks for USD 150 mn
ACQUISITION

Iron Mountain acquire majority stakes in Web Werks for USD 150 mn

Boston, Feb 27th, 2020: NYSE-listed data centre provider Iron Mountain acquire a majority stake in Web Werks for USD 150 million. The acquisition will accelerate Web Werks expansion across the country and build capacity to cater to one of the fastest-growing data centre markets globally. The transaction is expected to close within the next 90 days, subject to customary closing conditions, the statement said. Founded by Nikhil and Nishant Rathi, Web Werks operates three tier-3, carrier-neutral data centres in Mumbai, Pune and Delhi-NCR with a combined capability of 2,25,000 sq ft. It houses six worldwide points of presence, has 4-megawatt power capacity and supports over 6,000 servers of 850 clients. The forthcoming investment will enable it to expand operations in its three ex...
HubSpot Acquire Online Media Company The Hustle
ACQUISITION

HubSpot Acquire Online Media Company The Hustle

Feb 23RD, 2021: CRM-based platform Hubspot acquires an online media company The Hustle for an undisclosed deal. The Hustle produces a newsletter, podcast, and premium research content. The move will give HubSpot more ways to offer its community of scaling companies valuable content across a broader range of topics and a more diverse set of media. “For many customers, their first introduction to HubSpot is through our educational blog, Academy, and YouTube content, not our software. More recently, our customers have started to seek out news and trends-based content across new forms of media like podcasts, newsletters, and research,” said Kieran Flanagan, SVP of marketing at HubSpot. “By acquiring The Hustle, we'll be able to better meet the needs of these scaling companies by del...
Facebook blocks News Sharing in Australia
News

Facebook blocks News Sharing in Australia

Canberra, Feb 19th, 2021: Social media giant Facebook blocked Australians from sharing news on its social media after the Australian govt move to make a law to pay for news. A move by facebook criticized by a Australian minister who called it “an assault on a sovereign nation” and abuse of power. Australia's government condemned the decision, which also prevented some government communications, including messages about emergency services, as well as some commercial pages. The digital platforms fear that what's happening in Australia will become an expensive precedent that larger countries will follow. Facebook took drastic action because the House of Representatives passed legislation that would make Facebook and Google pay for Australian journalism, said Treasurer Josh Frydenb...
Kong Raises $100 Million from Tiger Global & others
FUNDING

Kong Raises $100 Million from Tiger Global & others

SAN FRANCISCO, Feb 10, 2021-- Cloud connectivity platform Kong raises $100 million in Series D funding, led by Tiger Global Management with participation from existing investors Index Ventures, CRV, GGV Capital and Andreessen Horowitz as well as new investor Goldman Sachs. The latest round brings Kong’s total funding to $171 million, tripling its valuation to $1.4 billion since the Series C round. Kong will use the capital to scale its go-to-market operations, grow world-class Engineering and Customer Experience teams, and accelerate cloud connectivity with its new SaaS-based Kong Konnect service connectivity platform. The fundraising follows a record year for Kong, marked by a significant increase in adoption of its flagship open-source software Kong Gateway now exceeding 220 ...
Advantages of Online Exam Proctoring System
BLOGS

Advantages of Online Exam Proctoring System

Online proctored exams based on Ai employees' needs to conquer these frustrations. The online proctoring method enables officials to automatically track participants when taking the test. 3 types of online proctoring are primarily available, live online proctoring, recorded proctoring, and advanced proctoring. Although the first two involve a person’s presence, the advance proctoring excludes human participation. Internet classrooms had become a modern practice after the epidemic of COVID-19. The exams have become automated as well. Effectively coordinating the assessment system that meets the norm of an offline exam is the most important tension. The biggest goal is to develop a workable test by reducing cheating on the role of exam takers. Generally, at an examination hall, an in...