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Showing posts from October, 2018

The new Mac Mini brings five times performance, More Memory Capacity, 6-Core Processors and more

Apple unveiled the new Mac Mini just recently and has outed what brings five times performance than its predecessor, 6-Core Processors, all-flash storage and up to 64GB of faster memory which places it as the most powerful Mac Mini ever made.

It's fitted with Thunderbolt 3 ports, the Apple T2 Security Chip and a 10Gb Ethernet option making it more faster and also secure for users. It's five times performance is made possible through its quad- and 6-core 8th-generation Intel Core processors with Turbo Boost Speeds up to 4.6GHz and Intel UHD graphics.




This enables the new Mac Mini take on traditional desktop tasks like music creation and software development, photo and video editing and professional tasks like video transcoding, code compiling and live musical performances with ease. With up to 64GB of 2666 MHz memory, It can load larger files into memory, run more virtual machines or manipulate even larger data sets.

It now features the speed and reliability of all-flash stora…

Apple introduces an all-new Macbook Air

Apple has outed a new MacBook Air packed with a stunning 13-inch Retina display, Touch ID and the latest processors in a portable design. It's one that delivers all-day battery life and features an Apple-designed keyboard, faster SSDs, a spacious Force Touch trackpad, wide stereo sound and the Apple T2 Security Chip and Thunderbolt 3.

The new Macbook Air is fitted with a stunning 13.3-inch Retina display with over 4 million pixels of resolution to cater for sharp image looks. Images are more lifelike with 48% more color than the previous version. It also includes a built-in FaceTime HD camera suitable for Group FaceTime calls and a a three microphone array that caters for enhanced sound quality and improved voice recognition for Siri.


The T2 Security Chip makes it much more secure with an SSD controller with on-the-fly data encryption for everything stored on it that enables the most secure boot process and storage of any Apple notebook.

An 8th generation Intel Core i5 processor,…

Apple outs the most powerful iPad ever

Apple today launched the new iPad Pro with an all-screen design that counts as its most powerful iPad ever. The new device marks the biggest change to the iPad ever with its all-screen design and high performance thanks to a custom chip along with other features such as Face ID, a new USB-C connector, Gigabit-class LTE and up to 1 Terabyte of storage.

It sports the A12X Bionic chip which outperforms most PC laptops and stands as the most powerful chip in a tablet that caters for even the most demanding computing tasks such as creation of 3D models and editing of high quality photos among others.


The  A12X Bionic is built on seven-nanometer technology and features four performance cores and four efficiency cores that cater for up to 35 percent faster performance. It's also fitted with a new performance controller that enables simultaneous use of all eight cores for an up to 90 percent boost during multi-threaded tasks.

Apple’s next-generation Neural Engine featured in this new iPa…

HeadSpin closes $20 million round at $500 million valuation

HeadSpin, a fast growing software firm that provides a mobile performance platform used by the likes of Tinder, Akamai and DocuSign has raised $20 million Series B funding from new investors ICONIQ, EQT Ventures, Battery Ventures, Quora founder Adam D'Angelo, Kearny Jackson, Ross Mason and Ryan Hoover who all joined existing investors GV, Telstra Ventures, DanHua Capital, Nexus Ventures Partners and others.

TechCrunch reports of this round valuing the company which emerged from stealth just last year at $500 million. HeadSpin was founded by Former Zynga CTO Manish Lachwani and ex Palantir engineer and Nextop founder Brien Colwell who hold the positions of CEO and CTO respectively.

Its platform spans more than 22,000 SIM-enabled devices at over 150 locations and enable customers to quickly debug, test and optimize for user experience and performance under real-world conditions around the globe. It's customers in total serve approximately 3 billion of the world's mobile user…

Coinbase raises $300 million at post-money valuation of $8 billion

Crypto exchange Coinbase has closed a $300 million Series E round led by Tiger Global with participation from Andreessen Horowitz, Polychain, Y Combinator Continuity, Wellington Management and others and is now valued at $8 billion post-money as per its statement.

Coinbase is gearing this financing towards global expansion, offering of more crypto assets, utility applications for crypto and courting of institutions into the digital currency scene.

"Coinbase is, and will remain, a crypto-first company. More than anything, we’re proud of the millions of people that have turned to Coinbase as their entry-point into crypto." An official blog post read.


"We take that responsibility very seriously. We strive to be the easy, trusted way for anyone to get started with cryptocurrencies. We see Coinbase’s growth as validation that the ecosystem will only continue to grow in size, influence and impact — ultimately ushering in a more open financial system for the world." It s…

The Mercedes-Benz baby carriage Avantgarde offers great child mobility

An all-new Mercedes-Benz baby carriage Avantgarde that offers ergonomic functionality, tested safety and innovative materials geared at enhanced child mobility has been introduced to the market. The new product sports a modern, sporty look and is developed by German manufacturer Hartan in collaboration with the Mercedes-Benz Design department.

The result of this collaboration is a baby carriage characterized by ergonomic advantages, a low net weight, AMG design-inspired 5-twin-spoke wheels, a parking brake, telescopic handlebar and a stowage compartment as well as adjustable suspension and air-chamber tyres which assist in the everyday efforts of moving children around.


The carriage is produced by Hartan known to be deeply involved in the manufacturing of baby carriages having begun that since the 1950s. Hartan stands as an expert specialist in this field and has succeeded in producing what bears the German Association for Technical Inspection (TÜV) seal of approval and meets high re…

A limited 10 units of the 2018 Audi R8 V10 plus Coupe Competition are arriving next month

Just 10 units of the most performance-oriented production R8 model ever made and preconfigured with all the available Audi Sport performance parts will be available for grabs in the U.S. starting from next month.

The new model dubbed the R8 V10 plus Coupe Competition package caters for reduced vehicle weight and increased downforce over previous models through the use of titanium backing plates for the carbon ceramic brake pads. It also features 20 inch fully milled wheels similar to that of the R8 GT4 that saves another 26.4 pounds of weight and signifies another examples of motorsport technology brought to the road.


It's full carbon fiber aero kit increases its downforce at 150 km/h (93.2 mph) which counts as double compared to that of an R8 V10 plus Coupe. This downforce is also increased at by 100 kg to 250 kg at top speed of 315 kilometres per hour.

All 10 units stand identical and are fitted with the listed contents:

Dynamic SteeringBang & Olufsen sound systemThree-way a…

The 2019 Honda Civic Si packs new colors, upgraded tech and an Enhanced interior

Starting from the 1st of November, The 2019 version of the Honda Civic Si will arrive at dealerships where customers would be able to take home a vehicle which sports a range of interior improvements from the previous model, new exterior colors, an updated Display Audio system with a new interface and improved Bluetooth integration.

The sport tuned variants comes with a powerful 205-horsepower, 1.5-liter, direct injected and turbocharged in-line 4-cylinder engine with VTEC valvetrain, a helical limited-slip differential, a slick-shifting 6-speed manual transmission and an adjustable two-mode adaptive damper system.


It comes available in 2-door coupe and 4-door sedan body styles packed with a host of changes to its interior. In addition to its updated Display Audio system, it includes more intuitive steering wheel controls, larger cupholders, an improved electronic parking brake switch, and physical buttons for fan speed.

Platinum White Pearl has also been added to the vehicle's c…

Blue Apron kits are now available on Jet.com

Blue Apron's meal kits beginning today is now available for millions of households across most of New York as well as Jersey and Hoboken on Walmart owned e-tailer Jet.com's online and mobile platforms thanks to a partnership between both companies.

Blue Apron counts as a priority partner in Jet’s newly-launched City Grocery offering and will offer a dedicated branded experience featuring changing selections of two-serving recipes designed to serve Jet's customers.


The first kits that will be offered on Jet.com are:

Seared Steaks & Peperonata with Fregola Sarda Pasta & Grana Padano Cheese (2 servings, 28 oz) $22.99 Dukkah-Spiced Beef & Couscous with Tahini-Dressed Broccoli (2 servings, 41 oz.) $20.99 Togarashi Popcorn Chicken with Sweet Chili Slaw & Jasmine Rice (2 servings, 32 oz.) $18.99 Italian Farro Bowl with Roasted Vegetables & Mozzarella (2 servings, 32 oz.) $16.99 This announcement comes soon after Jet’s new relaunch with a new design geared at o…

IBM set for $34 billion Red Hat acquisition

IBM has now officially announced a move to merge with Red Hat, the world's leading provider of open source cloud software in a deal worth $34 billion under which IBM will play $190 per share for all issued and outstanding common shares of Red Hat.

This counts as an over 50% premium from the current price of Red Hat stock (about $117) as of writing. Both companies are merging to provide "open approach to cloud, featuring unprecedented security and portability across multiple clouds" as per an official press release.


An acquisition of Red Hat will stand as very significant for this year marking the largest for 2018 and one of the biggest in the entire tech industry so far. IBM will maintain Red Hat’s open source innovation legacy while scaling its vast technology portfolio and empowering its widespread developer community as per its statement.

“The acquisition of Red Hat is a game-changer. It changes everything about the cloud market,” IBM Chairman, President and CEO Ginn…

BMW fits the X5 with M Performance Parts

BMW has fitted the X5 SUV with additional performance parts targeted for customers who wish to selectively fine-tune the vehicle's sporty personality and give this aspect for emphasis. The new SAV (Sports Activity Vehicle) scheduled for worldwide launch next year has been kit with a new range of its signature M performance parts which include all-terrain wheels, carbon fibre exterior components, the Drive Analyser data analysis and optimization feature and several other perks.

For customers who desire to make good use of its off-road capability, the the 20'' M light alloy wheel Star Spoke 748 M with all-terrain tyres is now available for the 4th generation of the X5 which also sports an eye-catching BMW M logo on a rim finished in sporty matt black. Optional 22 inch M Performance wheels about 1kg lighter than comparable wheels of the same size thanks to a special manufacturing technique are also available.





A vast selection of M Performance components with roots in motor r…

Most Read Posts

Meet goPuff, A Low-key Delivery Company Worth $1 Billion

The food-delivery market is one with intense competition. The likes of DoorDash, Uber Eats, Postmates, Deliveroo, Swiggy, Just Eat, Yelp Eat 24, and more are steadily competing for global market share while also raising huge funding. Just recently, Deliveroo raised $575 million in a round led by Amazon. DoorDash has also raised $600 million Series G funding at a $12.6 billion valuation.

Amid the intense battle, it turns out there's one hot startup that has stayed low key to avoid the eye of rivals, but it seems word is getting out. That low-key hot startup is goPuff, an on-demand delivery service that was valued at $1 billion last November (after an investment), according to regulatory filings reviewed by The Information. goPuff ships products to customers from centrally located facilities -- as opposed to direct pickup from stores -- in 81 U.S. cities.


The company -- based in Philadelphia -- stocks more than 3,000 products at its facilities which it then ships to customers who o…

Facebook Unveils Digital Currency

After several reports of Facebook working on a digital currency, the company has officially unveiled just that. Today, Facebook divulged details of a new cryptocurrency, Libra, that'll let people purchase things or transfer money to people with close to zero fees. Users will be able to buy or cash out their Libra online at local exchange points, and spend it using third-party wallet apps or Facebook's newly announced wallet, Calibra. Calibra will be offered as both a standalone app, and within the WhatsApp and Messenger apps.

 Facebook won't exert full control of Libra, but has instead assembled a team of founding members that'll each get a single vote (including Facebook itself) in the governance of the new digital currency. The partners (a quite reputable list) have each invested at least $10 million into Libra's operations. They include:
StripePayPal CoinbaseVisaMastercard PayU UberLyftSpotifyBooking Holdings Farfetch Andreessen Horowitz Vodafone Thrive Capital …

Amazon Starts Shipping Echo Auto After More Than 1 Million Pre-orders

Amazon has began shipping the Echo Auto, one of the several new Alexa-enabled devices the company announced last year September. Alongside the Echo Auto, Amazon also unveiled several other Alexa-enabled gadgets including a microwave, clock, security camera and a smart plug.

Amazon tells TechCrunch over 1 million pre-orders were placed for the Echo Auto, signalling high interest in the device, which is basically a digital assistant for automobiles. Using the Echo Auto, car owners can link Amazon Alexa to their smartphones, and then perform several auto-related tasks such as playing music via car speakers, opening the garage door, finding the nearest gas station, and listening to the news while on the go, all via voice command.


Before now, the Echo Auto had only been available on an invite-only basis, with a few users having already set their hands on the device just in time for Christmas, according to Amazon VP Steve Rabuchin. Why the Echo Auto remained open only for pre-orders for so…

AT&T set to acquire Digital ad-tech unicorn AppNexus for over $1.6 Billion

image credit : AppNexus

Telecom giant AT&T which provides a vast range of digital services to a huge number of customers around the world has now been confirmed to be acquiring NY based programmatic online advertising company AppNexus for a huge price between the range of $1.6 Billion -$2 Billion.

AT&T is making this huge acquisition of the company which provides a cloud based advertisement marketplace and raised over $300 million from various investors in order to add to AT&T's growing list of digital services with AppNexus being added to the company's advertising and analytics division.

This will also represent a huge addition to AppNexus's ecosystem as AT&T currently counts over 170 million direct to consumer relationships which AppNexus can hugely tap into and leverage for the expansion of its ad technology services.





AppNexus is notable for raising over $300 million from various investors including Khosla Ventures, Tribeca Venture Partners, Yahoo! Japan…

Big VC Wins From Slack's Public Debut

Slack filed to go public late April and has just achieved that with a direct listing that saw its stock jump nearly 50% on its first day of trading. Slack's prior SEC filing showed significant stakes held by VC firms, including Accel (24%), Andreessen Horowitz (roughly 13%), the Softbank Vision Fund (7.3%) and Social Capital (more than 5%).

With Slack's valuation on the public markets hitting $20 billion, investors that backed Slack have reaped major wins, including those that participated in the company's most previous $427 million round that came with a $7.1 billion post-money valuation. To name a few, Accel which poured in $200 million into Slack now commands a stake worth $4.6 billion. Softbank which got in quite late by leading a $250 million round at a $5.1 billion valuation now commands a stake worth roughly $1.5 billion.


Even Andreessen Horowitz whose co-founder Ben Horowitz termed Slack as an "accidental" investment now commands a stake worth roughly $2…

Facebook Reportedly Working On Cryptocurrency For WhatsApp Transfers

According to a Bloomberg report, Facebook is working on a cryptocurrency that will enable users transfer cash on its WhatsApp messaging app with a first focus on the Indian remittances market. The report says the company is developing a stablecoin - crypto pegged to a currency or exchange traded commodities to minimize volatility - for this.

"Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology," a company spokesman said in a statement. "This new small team is exploring many different applications. We don’t have anything further to share."


Former PayPal president David Marcus currently leads the company's blockchain initiatives so moves like this to take stand in the payments market are likely. Going by employee titles on LinkedIn, Facebook currently has about 40 people on its blockchain group signaling a hiring spree for the unit.

India has over 200 million users and counts as the world's largest remittances…

Microsoft Hires Former U.S. AG To Probe AnyVision

Microsoft has said it has hired Eric Holder, a famed lawyer who served as the Attorney General of the U.S. from 2009 to 2015, to investigate if AnyVision, an Israeli AI company it invested in, violated Microsoft's ethics regarding use of facial recognition technology. Quoting a Microsoft spokesperson, Holder's team of former federal prosecutors "will move quickly, reviewing documents and conducting on the ground interviews with AnyVision employees and others to ensure a full and thorough investigation."


NBC News earlier reported Holder's hire. The news outlet previously reported that facial recognition technology developed by AnyVision had powered a secret military surveillance project for the Israel army that monitored Palestinians in the West Bank. According to NBC News, the project was so successful that AnyVision won Israel's top defense prize in 2018 for preventing "hundreds of terror attacks" using "large amounts of data." AnyVision…

Magic Leap, Microsoft and others said to be bidding on AR army combat contract

Florida based Magic Leap, The AR hardware manufacturer valued at $6.3 billion from a most recent funding round and also known for a release of its first developer focused AR hardware of its first Creator's Edition augmented reality headset just last month has now been reported to be pushing to land a contract with the U.S. Army for development of AR  devices for soldiers to make use of in combat missions.

As per Bloomberg, The contract which could see the military purchasing up to 100,000 headsets as part of an initiative whose total cost could exceed $500 million is also being talked up with tech giant Microsoft.

The program currently known as HUD 3.0 (HUD standing for “heads up device”) is said to have been stirred for years in the armed forces with preparations being made for what entails a construction of a physical headset made to overlay digital images in the physical world in addition to a software platform to be used for both training and live combat.

Details concerning t…

Airbnb Seals Nine-Year Olympics Sponsorship Deal

The International Olympic Committee (IOC) has announced it has sealed an agreement with Airbnb that entails the online accommodation marketplace joining The Olympic Partner Programme (TOP), the highest level of sponsorship offered by the Olympic Committee. Under the program, Airbnb will be a sponsor for the Olympic Games, with a contract that runs for a nine-year period. According to The Financial Times, Airbnb's sponsorship deal is valued at $500 million.


As a global partner, Airbnb will be a sponsor for the Olympic Games Tokyo 2020, the Olympic Winter Games Beijing 2022, the Olympic Games Paris 2024, the Olympic Winter Games Milano Cortina 2026 and the Olympic Games Los Angeles 2028. The partnership also covers Paralympic Games from 2020 through 2028.

Such partnership, centered mainly on marketing and brand awareness, is conventionally bound to bring in more business for Airbnb. Airbnb said the partnership will generate "hundreds of thousands of new hosts" on its plat…

DoorDash Said To Be Considering Direct Listing

According to a Bloomberg report, DoorDash, which is fresh off $100 million in funding, is considering a direct stock listing for its planned debut on the public markets instead of taking the traditional IPO route. A direct listing entails a heads-on debut on the public markets rather than taking the conventional route of issuing new shares and raising capital from investors in order to do so. The direct listing route hasn't been around for long, just pioneered by music streaming service Spotify last year. Shortly after, Slack became the second major tech company to take that route, having directly debuted on the public markets just a few months ago.

According to Bloomberg, DoorDash has held talks with investment bank Goldman Sachs about a direct listing. Such idea doesn't seem far-fetched, given DoorDash has already raised billions in funding. The San Francisco-based company may not be looking to raise additional capital, hence the need for a direct listing. However, Bloomber…