Lyft’s app will now feature ads when a user is booking a ride and during the trip. Its main competitor, Uber, launched video ads on several of its apps back in June. Advertisers will be able to target riders based on location, payment type, and lifestyle. The next time you take a ride with … Read more
Paytm has informed that it’s Founder MD & CEO, Vijay Shekhar Sharma (VSS) is acquiring 10.30% stake from Antfin. Stake is being acquired through a 100% foreign entity owned by VSS – Resilient Asset Management B.V. In lieu of the acquisition, Resilient is issuing Optionally Convertible Debentures (OCDs) to Antfin Post transaction – VSS’s shareholding … Read more
One way to see how private companies are faring is to look at secondary exchanges. The fallen giants are led by former fintech darling Plaid, which has plunged almost 80% in 2023. Buyers who had been sitting on the sidelines are eager to snap up bargains in battered startups. While investors can measure the value … Read more
Google CEO, Sundar Pichai has asked employees to spend 2 to 4 hours on improving Bard, Google’s recently-released AI chatbot, reported Business Insider (BI) citing a leaked company-wide email. Bard is the company’s AI chatbot that Google intends to integrate into search. The email indicates urgency in Google’s approach in order to win the next … Read more
WhatsApp, the world’s most popular messaging app, has just released a new feature that’s sure to make video calls even more convenient. The new “Switch Camera” mode allows users to easily switch between the front and back cameras while on a video call. This feature is now available for both iOS and Android devices and … Read more
Twitter staff can tweet from any account, according to an FTC complaint seen by The Washington Post. The ex-Twitter engineer behind the complaint said it was called “GodMode,” and the company didn’t close it after a hack. In 2020, hackers tweeted a Bitcoin scam from several high-profile accounts after accessing internal systems. Twitter staff can … Read more
Car workshop and auto spare parts platform, GoMechanic is going to let go of approximately 70% of its workforce. This was announced by co-founder Amit Bhasin in a long LinkedIn post. GoMechanic, which offers everything from mechanics to carwashing services on an app, bills itself as having India’s largest auto service center network. With its … Read more
Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, five sources told Reuters, in yet another signal that their two-year regulatory crackdown on the technology sector is ending. Didi has been awaiting authorities’ approval to resume new user registrations and downloads of … Read more