Amazon Great Freedom Festival Brings Big Discounts on Electronics: Details

Amazon Great Freedom Festival sale has been announced and it will kick off from August 5. The five-day sale will bring up to 40 percent off on mobiles and accessories, up to 60 percent off on... https://ift.tt/3rPrfQc

Non-VC funds invested in a record 42% of tech startup funding deals in Q2 2021; H1 '21 US startup funding was $150B, with FY 2021 on pace to double 2020's total (Heather Somerville/Wall Street Journal)

Heather Somerville / Wall Street Journal:
Non-VC funds invested in a record 42% of tech startup funding deals in Q2 2021; H1 '21 US startup funding was $150B, with FY 2021 on pace to double 2020's total  —  Hedge, mutual and pension funds are investing heavily, leading to higher valuations and more leverage for company founders

Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo  —  - Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly-growing online grocery delivery industry.

Tecno Pova 2 with 7,000mAh Battery Launched in India: All Details

Tecno Pova 2 has been launched in India. The smartphone sports a 7.000mAh battery with 18W Flash Charge fast charging. It runs Android 11-based HiOS and features a 6.95-inch full-HD+ (1,080x2,460... https://ift.tt/3C7dZev

OnePlus Nord 2 5G Allegedly Explodes Days After Purchase, Company Responds

A brand new OnePlus Nord 2 5G allegedly exploded while it was carried by a woman in Bengaluru on Sunday. OnePlus responded to the incident and said that it was investigating the issue. https://ift.tt/3fj6KGU

Zomato Pro Plus Membership With Unlimited Free Deliveries Announced

Zomato Pro Plus membership has been announced by the company as a limited-time offer for a limited number of users. Those who were invited will see the update on their app after 6pm. Zomato Edition... https://ift.tt/37dKTfl

Zoom reaches $85 million settlement of lawsuit over user privacy, 'Zoombombing'

Zoom Video Communications Inc agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming it violated users' privacy rights by sharing personal data with Facebook, Google and LinkedIn, and letting hackers disrupt Zoom meetings in a practice called Zoombombing. https://ift.tt/3xgej75

Twitter's Jack Dorsey leads blockbuster $29 billion buyout of Afterpay

Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later (BNPL)pioneer Afterpay Ltd for $29 billion, creating a global transactions giant in the biggest buyout of an Australian firm. https://ift.tt/3rPvqLT

AWS leading Cloud service provider in Q2 amid 'green' Cloud call

Microsoft Azure was the second largest cloud service provider with a 22 per cent market share, followed by Google Cloud that grew 66 per cent in the latest quarter and accounted for an 8 per cent market share, according to the report by market research firm Canalys. https://ift.tt/3zYTdfl

FaceBook developing AI, new ways to detect users under age 13

Admitting that it is not easy to detect and remove accounts belonging to people under the age of 13, Facebook has said that it is looking at ways to convince people under age 13 to not lie about their age, including using the artificial intelligence (AI) technology. https://ift.tt/3fliJ6A

Motorola Edge S Pro Confirmed via Promotional Video Ahead of August 5 Launch

Motorola Edge S Pro moniker has been confirmed by the company on Chinese microblogging website Weibo. A promotional video shared for the upcoming August 5 launch of a new Motorola Edge phone in China... https://ift.tt/37bYIer

Zoom Settles 'Zoombombing' User Privacy Lawsuit in US for $85 Million

Zoom has settled a user privacy lawsuit in the US for $85 million (roughly Rs. XX) over 'Zoombombing' incidents that plagued the platform. The suit charged that Zoom's sharing of users' personal... https://ift.tt/3A1HWuU

Jack Dorsey's Square Acquires Australian Credit Giant AfterPay for $29 Billion

Square led by Twitter's Jack Dorsey has acquired Australian 'buy now pay later' no-checks credit company Afterpay for $29 billion (roughly Rs. 2,15,620 crores). https://ift.tt/3jbvUs2

Samsung Galaxy A52s 5G Price Appears on a Retailer Site Ahead of Launch

Samsung Galaxy A52s 5G price has reportedly appeared on a retailer's website in Europe. The retailer's site is also said to suggest the distinct colour variants and storage models of the new... https://ift.tt/3jaVOfA

Square reports Q2 revenue of $4.88B, up 143% YoY, while its Cash App service's bitcoin yearly revenue was $2.72B, up 200% (Greg Ahlstrand/CoinDesk)

Greg Ahlstrand / CoinDesk:
Square reports Q2 revenue of $4.88B, up 143% YoY, while its Cash App service's bitcoin yearly revenue was $2.72B, up 200%  —  Cash App's bitcoin gross profit rose to $55 million, Square said in its Q2 letter to shareholders.  —  Jack Dorsey's Square said its Cash App service's bitcoin …