March 2023

The emergent industrial metaverse

March 29, 2023
The industrial metaverse—a metaverse sector that mirrors and simulates real machines, factories, cities, transportation networks, and other highly complex systems—will offer to its participants fully immersive, real-time, interactive, persistent, and synchronous representations and simulations of the real world.  Existing and developing technologies, including digital twins, artificial intelligence and machine learning, extended reality, blockchain, and cloud…

Payday wants to power the future of work for Africa with $3M seed led by Moniepoint Inc

March 29, 2023

Payday, a neobank issuing global (USD, EUR & GBP) accounts to Africans, has raised $3 million, money the platform intends to use to fuel its “future of work” initiative through borderless payment alternatives in major currencies. The oversubscribed seed investment was led by Moniepoint Inc. (formerly TeamApt Inc), the U.S. entity that houses Moniepoint Microfinance […]

Payday wants to power the future of work for Africa with $3M seed led by Moniepoint Inc by Tage Kene-Okafor originally published on TechCrunch

Hygraph raises $30M to scale out a new, federated approach to managing digital content

March 29, 2023

Digital content and how we consume it continue to endlessly evolve, and with that, so too does the tech that helps manage all of it behind the scenes. In the latest development, Hygraph, a startup out of Berlin that has built a platform around a new, “federated” approach to content management — think: many sources […]

Hygraph raises $30M to scale out a new, federated approach to managing digital content by Ingrid Lunden originally published on TechCrunch

1,100+ notable signatories just signed an open letter asking “all AI labs to immediately pause for at least 6 months”

March 29, 2023

More than 1,100 signatories, including Elon Musk, Steve Wozniak, and Tristan Harris of the Center for Humane Technology, have signed an open letter that calls on “all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4.” Says the letter: Contemporary AI systems are now becoming […]

1,100+ notable signatories just signed an open letter asking “all AI labs to immediately pause for at least 6 months” by Connie Loizos originally published on TechCrunch

Distressed Indian startup GoMechanic acquired by Lifelong Group-led consortium

March 29, 2023

A consortium led by Lifelong Group has acquired the distressed firm GoMechanic months after the Sequoia India-backed startup admitted “grave errors” in financial reporting. Lifelong Group, which serves several major players in the automotive industry including Hero and General Motors, said it won the bidding to acquire GoMechanic, whose investors scrambled for a sale earlier […]

Distressed Indian startup GoMechanic acquired by Lifelong Group-led consortium by Manish Singh originally published on TechCrunch

Amazon now lets T-mobile customers make and receive calls via an Alexa-enabled device

March 29, 2023

Amazon now allows T-mobile customers to link their mobile numbers and make or receive hands-free Wi-Fi calls through Alexa-enabled devices like Echo Dot or Echo Show. This comes more than two years after the ecommerce giant partnered up with AT&T for a similar feature. Customers will need to enable the T-Mobile with Alexa skill from […]

Amazon now lets T-mobile customers make and receive calls via an Alexa-enabled device by Ivan Mehta originally published on TechCrunch

Revenue vs. Profit: What’s the Difference?

March 29, 2023
The difference between revenue and profit is vital to understand in order to run a healthy business. Read on to learn all about these basic economic concepts.