Tuesday, March 9, 2021

Paytm to equip 50 lakh merchants with IoT devices

Digital payments major Paytm has launched a new version of its 'Soundbox' along with other solutions that ease acceptance of payments as part of its efforts to equip 50 lakh merchants with IoT (Internet of Things) enabled devices. https://ift.tt/3buegNA

Zego, an insurance provider for gig economy workers that uses telematics-based driver behavior data for pricing, raises $150M Series C at a $1.1B valuation (Steve O'Hear/TechCrunch)

Steve O'Hear / TechCrunch:
Zego, an insurance provider for gig economy workers that uses telematics-based driver behavior data for pricing, raises $150M Series C at a $1.1B valuation  —  Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded …



Source: TikTok has 3000+ staff in Europe, up from 1600 since September, with plans for 3 London offices, despite calling off London as its global HQ last July (Chris Stokel-Walker/Insider)

Chris Stokel-Walker / Insider:
Source: TikTok has 3000+ staff in Europe, up from 1600 since September, with plans for 3 London offices, despite calling off London as its global HQ last July  —  - Tiktok has more than 3,000 staff across Europe, up from 1,600 since it last reported its headcount in September.



The NYSE sets Roblox direct listing reference price at $45 per share ahead of its trading debut on Wednesday (Ari Levy/CNBC)

Ari Levy / CNBC:
The NYSE sets Roblox direct listing reference price at $45 per share ahead of its trading debut on Wednesday  —  - Roblox almost tripled payouts to developers last year, while revenue didn't quite double, as the company aims to get top creators to spend more of their time building for the app.



Facebook details a 10-year vision for its AR glasses, imagining they will work alongside a wristband to measure hand and figure gestures, with haptic feedback (Scott Stein/CNET)

Scott Stein / CNET:
Facebook details a 10-year vision for its AR glasses, imagining they will work alongside a wristband to measure hand and figure gestures, with haptic feedback  —  Facebook is working on a neural wristband for AR glasses, with haptic gloves in the works  —  Facebook's first pair of smart glasses is arriving this year.



Flutterwave, provider of payment services for companies operating in Africa, raises $170M Series C led by Tiger Global, valuing the company at $1B+ (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
Flutterwave, provider of payment services for companies operating in Africa, raises $170M Series C led by Tiger Global, valuing the company at $1B+  —  The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector.



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...