Peer-to-peer lending platform Zopa recently reached a major milestone in its journey from fintech pioneer to established neobank. The UK-based firm closed a series C equity round valued at more than $93 million, placing its overall valuation above the billion-dollar mark. The funding round was led by IAG Capital Partners and included participation from Augmentum… Continue reading neobank raises
Category: major
Microsoft Teams is finally fixing this ear-splitting annoyance
Microsoft Teams is well-known for providing an excellent video conferencing experience. However, one persistent problem has been a persistent ear-splitting annoyance: background noise. This has been a major issue for those trying to collaborate remotely, as even the slightest noises can be picked up and very distracting. Fortunately, Microsoft has finally put an end to… Continue reading Microsoft Teams is finally fixing this ear-splitting annoyance
Capcom’s major Street Fighter 5 tournament ditches PlayStation consoles for PCs
If you’re a fan of the ever popular Street Fighter series, then you know that Capcom has recently been making major changes to their gaming tournaments. At this year’s Evo Japan tournament, the company officially announced that it will no longer be running Street Fighter V on a PlayStation console. Instead, the game will now… Continue reading Capcom’s major Street Fighter 5 tournament ditches PlayStation consoles for PCs
WhatsApp on macOS finally gets a big update with a gold icon that’s out now
For macOS users, a new update for WhatsApp is finally out and it has been long awaited. This update brings a vibrant new icon and a major design overhaul. WhatsApp on macOS now has a gold icon which gives the app a much more modern and sophisticated look. The gold icon, which is the biggest… Continue reading WhatsApp on macOS finally gets a big update with a gold icon that’s out now
Google cuts 12,000 jobs in latest round of big tech layoffs
As of August 2020, Google has announced a major restructuring of its workforce, cutting 12,000 jobs across the globe. This marks the latest round of swathes of layoffs among big tech companies this year. Google’s 12,000 employees, equating for about 2% of their workforce, are primarily from their ‘smart devices and services’ business, which covers… Continue reading Google cuts 12,000 jobs in latest round of big tech layoffs
CNET Is Reviewing the Accuracy of All Its AI-Written Articles After Multiple Major Corrections
In recent news, CNET, the tech-giant media organization, is taking the diligence to review the accuracy of all its Artificial Intelligence (AI)-written articles after there were multiple major corrections to be made. In an attempt to move in the direction of automation, CNET has been using AI to support the creation of its news articles… Continue reading CNET Is Reviewing the Accuracy of All Its AI-Written Articles After Multiple Major Corrections
Major EU privacy decisions against Meta’s legal basis for ads raise fresh complaints
As Europe continues to grapple with data privacy, major EU legal decisions have raised fresh complaints against Meta’s legal basis for online ad targeting. In the last few months, several court rulings have been issued in the EU which have questioned Meta’s legal right to process and allow individuals’ data for ads targeting. These rulings,… Continue reading Major EU privacy decisions against Meta’s legal basis for ads raise fresh complaints
Virgin Orbit’s botched launch highlights shaky financial future
On the morning of May 25, Virgin Orbit, the space exploration company founded by billionaire Richard Branson, attempted its first ever rocket launch. The launch was intended to demonstrate the company’s ability to provide cost-effective launches to space. However, the attempt failed shortly after takeoff, ending any chance of success. The botched launch has become… Continue reading Virgin Orbit’s botched launch highlights shaky financial future
Gas Stoves Are Major Cause of Childhood Asthma in the U.S., Study Finds
In a recent US study, researchers have linked gas stoves to asthma in children, concluding that exposure to gas stoves is a major cause of childhood asthma in the United States. The research team from the University of California San Francisco (UCSF) surveyed more than 1,500 children between the ages of 5 and 13 for… Continue reading Gas Stoves Are Major Cause of Childhood Asthma in the U.S., Study Finds
New York’s right-to-repair bill has major carve-outs for manufacturers
On April 28, 2020, the New York State Assembly passed a groundbreaking bill that could give citizens greater control over their rights to repair their electronics. While New York’s proposed bill is a valiant effort to promote consumer choice, it is also important to recognize that the bill has several major exceptions in favor of… Continue reading New York’s right-to-repair bill has major carve-outs for manufacturers