‘Not Just Startups‘ is TechPluto’s daily series that packs top startup and tech news from across the globe. The only news that makes it to ‘Not Just Startups’ series is what’s worth your time. This is where news appears before becoming a trending one.
$100 MILLION STARTUP FUND BY CLOUDFARE WITH A CATCH
Cloudfare is using its base of worldwide data centre and is turning it into a platform to deploy web applications. These apps will see integration with other sites and mobile apps. The CloudFlare platform apps will let the developers build applications. The investors of Cloudfare have come together to form a $100 investment fund. However, there is catch as it is only for those startups who will use the platform.
SELFDRIVING TECH SEES COLLABORATION AMONG CAR MAKERS AND NVIDIA
Nvidia has forged an unusual joint venture with the Swedish auto car maker Volvo. The joint venture is for the self-driving cars.
VISA INVESTS IN UNICORN FINTECH COMPANY KLARNA
Visa is joining the bandwagon of major companies investing in the future of payments. After Apple and JP Morgan Chase, Visa is also keen in participating for the future of online payments. Therefore, it has invested in the unicorn fintech company Klarna having a market valuation of $2.25 billion.
YAHOO INTRODUCES MAIL PRO WITH A MAKEOVER
The new Yahoo mail is a lot faster than its previous version. The ad-free access will cost $49.99 yearly subscription fee. However, the mail pro version will cost $34.99. The mobile only version will coast $9.99 per year.
FACEBOOK REACHES 2 BILLION USERS A MONTH
Facebook has logged a user base of 2 billion who use it for messaging and other social media activities. Facebook has truly come a long way in connecting the people.
$2.7 BILLION FINE FOR GOOGLE
The saga of fines on Google seems to attract a lot of eyeballs. EU fine on Google is way more than what was expected. Moreover, this could further increase as the EU looks into the Android mobile platform. Skewing of search results for the shoppers has caused Google this fine.
MICROSOFT BUILDING ANTIVIRUS WITH MACHINE LEARNING
Microsoft is building a new anti-virus with the help of machine learning. The interesting part is that it is using data from 400 million PCs. This is to ensure a better safety net in view of recent malware attacks.
APPLE RELEASES IoS 11 FOR ALL
Apple has now released the latest IoS 11 for all the user to have access to. The user does not need to pay $99 to download it. Although it is still in beta version.
$75 MILLION SERIES F FUNDING FOR SUMO LOGIC
Sumo Logic is a cloud-based log analysis platform which has just now raised $75 million in its Series F funding. Moreover, it is eyeing for the IPO soon.
$100 MILLION FUND FROM TREND MICRO
The cyber security firm Trend Micro has announced a $100 million dollar fund for startups. The primary target is the IoT (Internet of things).
UBER NOW LETS YOU BOOK RIDE FOR SOMEONE WITHOUT THE APP
Uber has now launched a new feature wherein the user can book rides for someone else. This is to increase its base of operations where a person who does not have the app can still use its services.
FACEBOOK TARGETING THE MOBILE STORE FRONT
Facebook wants to conquer the mobile shopping opportunity. As more and more brands are realising the potential of mobile purchasing. Facebook has released new ad features to put itself in command.
$6.3 TRILLION FORCAST FOR APP ECONOMY BY 2021 WITH 6.3 BILLION USERS
From a staggering $1.3 trillion dollar market last year. The app economy will see a huge jump of $6.3 trillion market capital by 2021. Moreover, the base of users will also increase to 6.3 billion.
PANDORA CEO OFFICIALLY OUT SO DOES THE BUSINESS FROM AUSTRALIA
The pandora’s CEO Tim Westergren is officially out of the firm. Moreover, the company has also ceased its businesses from the two overseas countries. One is Australia and the other is New Zealand.
RANSOMWARE PETYA GLOBAL STRIKE ON COMPUTERS
The malware has just now started to affect the European countries starting from Russia. The ransomware locks the hard drive of the computer and also all the user files. It is touted to be stronger than the WannaCry ransomware.