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Amazon updates Echo Show line with a pan and zoom camera and a kids model

TechCrunch | May 12, 2021, 10:12 a.m.

Amazon this morning announced a handful of updates across its Echo Show line of smart screens. The top-level most interesting bit here is the addition of a pan and zoom camera to the mid-tier Echo Show. The feature is similar to ones found on Facebook’s various Portal devices and Google’s high-end Nest Hub Max. Essentially, […]

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Help! A Male Colleague Thinks I’m Scary

Wired | May 12, 2021, 10 a.m.

Whose problem is it when men are intimidated by women at work?

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Podcast: What's the story with telecom in India?

Light Reading | May 12, 2021, 10 a.m.

On this episode, Gagandeep Kaur discusses the state of telecom in India and the impact of the COVID-19 crisis on the industry at large.

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Hiro Capital invests $6.4M in Twin Suns and FRVR game startups

VentureBeat | May 12, 2021, 10 a.m.

Hiro Capital has led investments totaling $6.4 million in Twin Suns and FRVR. They're both part of Hiro Capital's push to invest in games.

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IMVU will host digital fashion and NFT showcase on May 27-28

VentureBeat | May 12, 2021, 10 a.m.

IMVU will host a diverse digital fashion show and showcase for nonfungible tokens (NFTs) on May 27 to May 28.

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Open-Loop EMV Contactless Payment Cards for Transit to Rise to over 136 Million by 2025

ABI Research | May 12, 2021, 5 a.m.

According to ABI Research, a global tech market advisory firm, the number of Open-Loop EMV Cards in ticketing use will increase worldwide from 24.8 million to 136.9 million by 2025. With contactless payment acceptance and transactions in all markets experiencing a sharp upturn during COVID-19,  approximately  150 large cities are looking to adopt EMV as another contactless payment method, which will sit alongside existing proprietary solutions, including cities in Ireland, the United Arab Emirates (UAE), India, and Russia.“The global COVID-19 pandemic has brought about a drive toward the modernization of ticketing systems in a contact-free way. While ridership has seen a significant downturn due to the pandemic, cEMV systems provide several advantages for end-users,” said Sam Gazeley, Digital Security Analyst at ABI Research. “Where, previously, the significant capital required to set up and integrate a contactless EMV system had put the solution out of reach for most transport operators, the ongoing pandemic has framed the importance of minimizing hand-to-hand transactions. The ability to use a card already in possession of the end-user in a contactless format provides a safer way to conduct a payment transaction. With EMV infrastructure in place, the possibility of EMV in a closed-loop scenario will also be explored by Transportation Authorities (TAs), beginning with Sweden in 2022 and London likely following suit in 2025.”The United States will experience a significant increase in the number of open-loop EMV cards in ticketing use, increasing from 1 million in 2020 to 13 million in 2025. Latin America will see an increase in the number of open-loop EMV cards in transit use from 3.7 million in 2020 to 23 million in 2025.The use of payment cards in transit has long been popular in Europe and is forecast to increase from 16 million cards in 2020 to a forecasted 71 million in 2025. Stockholm will see Closed-Loop EMV shipments reach 0.3 million in 2025 after kicking off in 2022. Similarly, at the end of its contract with Cubic in 2025, London is expected to adopt a closed-loop EMV solution, achieving 0.6 million closed-loop EMV shipments in the first year of inception. Europe will sport the most considerable growth in closed-loop EMV shipments with an increase from 0.2 million in 2022, to 2.5 million in 2025.“When considering which infrastructure is currently in place, already having a contactless-based set-up enables the introduction of new ticketing form factors to a TA’s ecosystem. While this was once perceived as a potential hazard to the traditional smart card market, it is now largely considered complementary and addresses a different sub-commuter market: infrequent travelers and tourists. The logical roadmap for TAs looking to the future of their systems will see open-loop acceptance as a bridging mechanism toward the introduction of closed-loop EMV cards, adding another layer of payment choice for commuters, complimenting and working alongside existing ticketing systems,” concludes Gazeley.These findings are from ABI Research’s Open and Closed Loop EMV Acceptance on Transportation Networks market update report. This report is part of the company’s Digital Security research service, which includes research, data, and analyst insights. Depicted in a PowerPoint format, the Market Update provides a snapshot into current and future market opportunities and threats for a specific technology as well as focusing on a selected key market and associated trends.

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Big Time Studios is raising $21M to bring NFTs to game economies

VentureBeat | May 12, 2021, 10 a.m.

Big Time Studios has raised $21 million to bring nonfungble tokens (NFTs) to mainstream game economies, starting with its own game.

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Epic v Apple – legal battle could reshape the future of the app economy

TechHQ | May 12, 2021, 8:50 a.m.

Apple and Epic Games square off in a trial that could decide how much control Apple can exert over the app economy It is the biggest antitrust trial involving a technology giant in over two decades “Fortnite” maker Epic Games and tech giant Apple kicked off their three-week trial on Monday in a courtroom battle... Read more »The post Epic v Apple – legal battle could reshape the future of the app economy appeared first on TechHQ.

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Salesforce is bringing drag and drop interactive components to its low-code toolkit

TechCrunch | May 12, 2021, 10:04 a.m.

Low code and no code tools abound these days, as the industry attempts to give non-technical end users the ability to create applications without code (or very little anyway). Salesforce has been a big proponent of this approach to help reduce the complexity of working on its platform, and today the CRM giant announced a […]

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New record of 204,301 premises of Openreach FTTP added in last month

Think Broadband | May 12, 2021, 5:18 a.m.

Our report on Openreach FTTP build progress set a record for the amount found and we have broken that again. With 204,301 premises versus the previous month of 192,905 premises added.

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Sanlo raises $3.5M to help apps and games gain access to financial insights and capital

TechCrunch | May 12, 2021, 10 a.m.

Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today announcing an oversubscribed $3.5 million seed round, offers small to medium-sized game and app companies access to tools […]

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Amplitude acquires Iteratively

TechCrunch | May 12, 2021, 10 a.m.

Amplitude, the well-funded product intelligence startup that helps businesses use their data to predict which features will drive the best business outcomes for them, today announced that it has acquired Iteratively, a startup that helps businesses build trustworthy data pipelines. Since data is at the core of Amplitude’s services, this acquisition will help the company […]

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Brazil’s Divibank raises millions to become the Clearbanc of LatAm

TechCrunch | May 12, 2021, 10 a.m.

Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Paulo-based Divibank was founded in March 2020, right as the COVID-pandemic was starting. The company has built a data-driven financing platform aimed at giving businesses […]

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Treasury Prime raises $20M to scale its banking-as-a-service biz

TechCrunch | May 12, 2021, 10 a.m.

This morning Treasury Prime, a banking-as-a-service startup that delivers its product via APIs, announced that it has closed a $20 million Series B. The capital comes around a year since the startup announced its Series A, and around 1.5 years since it raised its preceding round. For Treasury Prime, the new capital was an internal […]

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OpsRamps unveils software to migrate enterprises to the public cloud

VentureBeat | May 12, 2021, 9:40 a.m.

OpsRamp's spring 2021 release will help companies migrate to the public cloud and better manage their hybrid IT infrastructure.

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Eutelsat revenues fall

Broadband TV News | May 12, 2021, 9:04 a.m.

Eutelsat’s broadcast revenues in the (third) quarter ending March 31 amounted to €182 million. This, according to the company in its latest set of results, was 6.8% lower than in the same period last year. It adds that they reflect the impact of the renegotiation of contract terms with Greece’s Forthnet as well as the […]

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Report: SoftBank leads $330m round in Chinese grocery app Dingdong Maicai

Tech in Asia | May 12, 2021, 9:23 a.m.

The latest investment brings the total funds raised by Dingdong Maicai in its series D round to over US$1 billion.

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Dating revenues give ProSiebenSat.1 optimism

Broadband TV News | May 12, 2021, 8:59 a.m.

ProSiebenSat.1 Group has increased its full year outlook and revenues after a good first quarter. The German TV operation’s adjusted EBITDA came out better than expected at €143 million. While Entertainment revenues were down by 8%, the Dating segment played a key role following the integration of US online dating company The Meet Group. Rainer […]

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YouView CTO leaves for Danish TV 2

Broadband TV News | May 12, 2021, 8:50 a.m.

Andy Burnett is to join TV 2 in Denmark as the commercial broadcaster’s head of product and platform development. The YouView CTO will lead plans on streaming service TV 2 Play, TV2.dk and TV 2’s apps from August. Burnett will be a part of TV 2’s ambitious Strategy 2025, ‘TV 2 PLAY for all’ with […]

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Positive quarter for Slovak Telekom

Broadband TV News | May 12, 2021, 8:42 a.m.

Slovak Telekom had a total of 656,000 digital TV subscribers at the end of the first quarter, or 2.8% more than at the same period in 2020. At the same time, its fixed broadband subscriber total rose by 5% to 751,000. Commenting on the results, Dusan Svalek, executive director for Slovakia in the Slovak Telekom […]

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TiVo and Roku enter MobiTV auction process

Broadband TV News | May 12, 2021, 8:39 a.m.

TiVo and Roku have joined Amino Technologies in a bid for the assets of MobiTV. The sale process orchestrated by the United States Bankruptcy Court for the District of Delaware has been extended with the next stage expected to commence at 16.00 GMT on Wednesday. TiVo, which has competed against MobiTV in the delivery of IPTV-based products […]

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