Site icon Pakistan & Gulf Economist

Technology

Technology News
B2B Agri Marketplace Tazah Raises $2 Million in Pre-Seed Funding:

Pakistan’s B2B agriculture marketplace, Tazah Technology, announced on Wednesday that it had raised $2 million in pre-seed funding.

The round was co-led by Global Founders Capital and Zayn Capital. Other participating investors included Ratio Ventures, Walled City Co, i2i Ventures, Suya Ventures, Globivest, Afropreneur Syndicate, +92 Ventures, Sunu Capital, Musha Investments and others.

[divider style=”normal” top=”20″ bottom=”20″]

Facebook is Slowing Down Product Development to Conduct Reputational Reviews:

Facebook has started slowing down its product development to review them before launch. This is to check if they can damage the company’s reputation and is a direct consequence of whistleblower Frances Haugen’s controversial disclosures, reports Wall Street Journal. The report says that a team of employees will analyze if their work could damage the company’s reputation. This group is looking at the criticisms Facebook could face as well as its negative impacts on children.

[divider style=”normal” top=”20″ bottom=”20″]

Windows 11 has Performance Issues With AMD Ryzen Processors:

Windows 11 has just been released around the globe 6 years after Windows 10. But as with every fresh release, there are often bugs or performance issues that need to be ironed out. As such, Windows 11 is facing performance issues with AMD Ryzen processors. Microsoft has said that AMD chips can face up to a 15% performance drop on Windows 11.

[divider style=”normal” top=”20″ bottom=”20″]

Xiaomi is Working on a New Mi Mix Fold Variant:

Xiaomi’s first foldable smartphone, the Mi Mix Fold, became official in China during April this year but stayed exclusive to its home country. There has been no word on an international release since then, but a fresh leak hints that the company has a new variant in the works. Weibo tipster Panda is Bald (machine translated name) hints that a new Mi Mix Fold variant is coming soon. This will not be a Mix Fold 2, but the same device as the original only with a few tweaks, so something like a Mix Fold Pro.

[divider style=”normal” top=”20″ bottom=”20″]

Expressing Yourself with the Galaxy Z Flip3 5G:

With its compact form, the Galaxy Z Flip3 5G is designed to fit perfectly in your hand. Its various color options and large Cover Screen enable users to express their individuality, while features like Flex mode and Multi-Active Window take multitasking to the next level. What stands out the most at first glance is the Galaxy Z Flip3’s Cover Screen. The 1.9-inch Super AMOLED display is about four times larger than the previous version.

[divider style=”normal” top=”20″ bottom=”20″]

Telegram Got a Record Number of New Users During Facebook Outage:

While Facebook’s six-hour-long outage on Monday might have hurt the company, stakeholders, and thousands of businesses that relied on its services, rival apps Telegram and Signal had a field day and took full advantage of the situation. Private messaging app, Telegram, added over 70 million new users to the platform, according to founder Pavel Durov, who remarked the development as a record increase in Telegram’s user registration and activity. “The daily growth rate of Telegram exceeded the norm by order of magnitude, and we welcomed over 70 million refugees from other platforms in one day”, he stated.

[divider style=”normal” top=”20″ bottom=”20″]

Redefining Innovation with Wateen and Cisco Meraki:

Modern businesses around the world are moving from old business models to updated ways of working that are suitable for pushing through any kind of challenge, natural or man-made.

The companies that succeed in this goal stand out as clear leaders within their industries with one common trait that differentiates them from the crowd: embracing innovation.

[divider style=”normal” top=”20″ bottom=”20″]

A New Infinix Note is Coming With 120Hz AMOLED Screen and 30x Zoom Camera:

Infinix only has a few high-end phones in its lineup, but it’s looking to expand on it soon. The company is rumored to launch a new Infinix Note phone soon, details of which have been shared by an exclusive report from GSMarena. The inside source at GSMarena says that a new Infinix Note phone is coming soon, but with an updated design. This design includes a refreshed rear panel and a new main camera arrangement. The picture below shows what it looks like and reveals a 64MP camera setup (indicated on the main camera label).

[divider style=”normal” top=”20″ bottom=”20″]

Samsung Expected to Report its Best Profit in 3 Years:

According to a new analyst report, Samsung is gearing up to announce its most profitable quarter in the past 3 years. Thanks to rising memory chip prices and surging sales of its new foldable smartphones, Samsung may also report a record revenue. The latest Refinitv report (via Reuters) produced by 16 analysts showed that Samsung’s operating profit has likely jumped to $14 billion in the third quarter of 2021 (ended in September). This would be a massive 30% increase over the same quarter last year, and also the highest quarterly profit since 2018.

[divider style=”normal” top=”20″ bottom=”20″]

Twitch confirms massive data breach:

Game-streaming platform Twitch has been the victim of a leak, reportedly divulging confidential company information and streamers’ earnings. More than 100GB of data was posted online on Wednesday. The documents appear to show Twitch’s top streamers each made millions of dollars from the Amazon-owned company in the past two years. Twitch confirmed the breach and said it was “working with urgency” to understand the extent of it.

[divider style=”normal” top=”20″ bottom=”20″]

What happened to Facebook, WhatsApp, and Instagram?:

Facebook has apologised after it stopped working for users around the world for several hours on Monday. WhatsApp and Instagram – which are owned by the company – were also down.

In a nutshell, Facebook’s systems stopped talking to the wider internet. It was as if “someone had pulled the cables from their data centres all at once and disconnected them from the internet”, explained web infrastructure firm Cloudflare.

[divider style=”normal” top=”20″ bottom=”20″]

Facebook harms children and weakens democracy:

A former Facebook employee has told US politicians that the company’s sites and apps harm children’s mental health and stoke division in society. Frances Haugen, a 37-year-old former product manager turned whistleblower, heavily criticised the company at a hearing in the Senate. Facebook has faced growing scrutiny and increasing calls for its regulation.

Founder Mark Zuckerberg hit back, saying the latest accusations were at odds with the company’s goals.

[divider style=”normal” top=”20″ bottom=”20″]

Amazon opens first UK non-food store:

Amazon is expanding its presence on the High Street by opening its first non-food store in the UK. The shop, in the Bluewater shopping mall near Dartford, will sell around 2,000 of its most popular and best-rated products. It’s called Amazon 4-star, because every item has been given more than four stars by customers.

[divider style=”normal” top=”20″ bottom=”20″]

Whistleblower breaks Facebook secrecy wall:

Facebook’s “wall of secrecy” is being demolished, thanks to whistleblowers such as Frances Haugen, MP Damian Collins has said. Her revelations, coupled with the company’s “inaccurate evidence” to politicians, meant regulators must act, he said. Mr Collins leads a group of MPs working on a law that will give the UK’s media regulator powers over social media.

[divider style=”normal” top=”20″ bottom=”20″]

Windows 11 launches with redesigned start menu:

Windows 11, the latest version of Microsoft’s computer operating system, launches worldwide on Tuesday as a free upgrade for Windows 10 users. Windows chief product officer Panos Panay, told the BBC the latest version was built to be “clean and fresh and simpler” for the user. He promised that the new operating system would not be an “extreme departure” from what people know.

[divider style=”normal” top=”20″ bottom=”20″]

Frances Haugen: Facebook whistleblower reveals identity:

A former Facebook whistleblower responsible for a series of bombshell leaks has revealed her identity. Frances Haugen, 37, who worked as a product manager on the civic integrity team at Facebook, was interviewed on Sunday by CBS. She said the documents she leaked proved that Facebook repeatedly prioritised “growth over safety”.

Facebook said the leaks were misleading and glossed over positive research conducted by the company.

[divider style=”normal” top=”20″ bottom=”20″]

Lime fights back against QR code snatchers:

Lime, the e-bike and scooter-hire company, is modifying its vehicles to stop people peeling off the QR codes. To hire a vehicle, customers must scan the QR code using the Lime app. However, customers in London and New York City have complained that many bikes have had the codes removed, leaving them unusable. Lime said vandals had been peeling the stickers off. It has now started sealing the QR codes behind a plastic layer to thwart trouble-makers.

[divider style=”normal” top=”20″ bottom=”20″]

DeepMind faces legal action over NHS data use:

A legal case has been launched on behalf of more than a million people whose confidential medical records were obtained by Google. In 2015, Google’s AI firm DeepMind was given the personal records of 1.6 million patients at the Royal Free London NHS Foundation Trust. The law firm handling the case said it was launched to address public concerns about the use of private health data by tech firms.

[divider style=”normal” top=”20″ bottom=”20″]

Intel not considering UK chip factory after Brexit:

The boss of Intel says the US chipmaker is no longer considering building a factory in the UK because of BrexitPat Gelsinger told the Media that before the UK left the EU, the country “would have been a site that we would have considered”.

But he added: “Post-Brexit… we’re looking at EU countries and getting support from the EU”. Intel wants to boost its output amid a global chip shortage that has hit the supply of cars and other goods.

Exit mobile version