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Disruptive Social Network With NO BS Gains Momentum Adding Thousands of New Facebook Rejecters Each Day LOS ANGELES, July 5, 2018 /PRNewswire/ -- MeWe, the disruptive Facebook alternative, announced today that it has completed a $5.2 million Series A financing. The investment brings MeWe's total funding to $10 million, to support the engineering of MeWe and the enterprise version MeWePRO. The company has relied on high net worth...

By Vineet Singh The last few years have been a rollercoaster ride for the entire Start-Up ecosystem, with most Founders going back to regular jobs and only a few going on to sustenance. Shortlisted from the many reasons, why Start-Ups fail, these are the key seven gaps which lead to their demise:  Lack of Vision:  The first task is to know where...

Bengaluru: Investment platform, Groww has raised $1.6mn in pre-series A round of funding from Insignia Ventures Partners, Lightbridge Partners, Kairos and others, with participation from previous investors Mukesh Bansal and Ankit Nagori. Groww will use the funds for further strengthening technology and build scalable growth channels. Y Combinator is also an investor in the startup. Launched in April 2017, Groww offers...

A research from IT consulting firm Capgemini's Digital Transformation Institute has revealed that artificial intelligence (AI) is no longer alien to consumers, with close to three-quarters (73 percent) indicating they have interacted via AI, and 69 percent of those who have used AI being satisfied with those interactions. The report, "The Secret to Winning Customers' Hearts  with Artificial Intelligence: Add Human Intelligence"...

StartupAUS has called on the Australian government to ensure digital startups remain a core part of the R&D Tax Incentive in the wake of the scheme’s overhaul in the 2018 budget. StartupAUS CEO Alex McCauley said, “Tonight the Treasurer provided the Government’s long-awaited response to the 2016 FFF R&D Tax Incentive review." "On the whole the changes were fairly neutral for...

The blockchain in retail market size is expected to grow from USD 80.0 million in 2018 to USD 2,339.5 million by 2023, at a Compound Annual Growth Rate (CAGR) of 96.4% during the forecast period, according to a report on Reportlinker.com. The blockchain in retail market is driven by the growing need for increased efficiency and speed in retail and supply chain transactions, and...

By Alex Bartley Catt Technology has developed at a tremendous pace in recent years, leading to the application of artificial intelligence for nearly every industry. Developments in big data, improved algorithms, and superior hardware have led to a point where artificial intelligence is in many cases more effective at certain tasks than people. Many companies have seen the potential and are already...

Nearbuy Group, a leading retail and Ad tech company, born and headquartered in Dubai, is now the majority shareholder in NexusEngage Ltd, a UK-based company which turns empty retail space into an experience that enhances the customers' shopping journey and drives footfall into targeted retailers in order to generate sales revenue.  This controlling stake is a synergistic acquisition offering global partnership...

The global gene therapy market size is expected to reach USD 39.54 million by 2026. Rising competition among manufacturers and high number of molecules in pipeline are supporting the growth of the market. Gene therapy development is aimed to cure rare diseases and even some hereditary diseases, which are caused by a mutated or faulty gene. Moreover, ever-increasing need for new cures for orphan...

Private Equity firms invested a record $8.2 billion (across 158 deals) in India during the quarter ended June 2018 – up 60% compared to the $5.1 Billion (across 153 transactions) in the same period last year, according to data from Venture Intelligence (http://www.ventureintelligence.com), a research service focused on private company financials, transactions and their valuations.  The investment amount in Q2’18...

SACRAMENTO: The California Consumer Privacy Act of 2018 was signed into law today, guaranteeing new data privacy rights for the state's 40 million consumers, with kids under 16 winning extra protections. The legislation, AB 375, was authored by Assemblymember Ed Chau (D-Monterey Park), Senator Robert Hertzberg (D-Van Nuys), and Senator Bill Dodd (D-Napa), and was sponsored by a non-profit - CommonSense.org. Although several states are expected to consider...

BitSight, the Global Standard in Security Ratings, today announced that it has closed $60 million in Series D funding, bringing the company's total funding to $155 million. BitSight's Series D financing was led by Warburg Pincus, with participation from existing investors Menlo Ventures, GGV Capital and Singtel Innov8. The financing enables BitSight to continue its rapid global expansion and extend its portfolio of...

WASHINGTON: Apple Car Play and Google's Android Auto are less distracting to drivers when compared to built-in vehicle infotainment systems designed by automakers, according to new research from the AAA Foundation for Traffic Safety. While many of today's infotainment systems create potentially unsafe levels of distraction by allowing drivers to perform complex tasks like programming navigation or sending a text, CarPlay and...

The global parental control market was valued at around USD 1,400 million in the year 2016 and it is expected to reach approximately USD 3,300 million by 2025. The global parental control market is expected to exhibit a CAGR of over 11.5% between 2017 and 2025. The on-premises segment dominated the parental control market in 2016. The cloud segment is growing at a rapid...

LOS ANGELES: The 5-0 vote today by the California Senate's Judiciary Committee to move a compromise privacy bill forward was a significant step toward ensuring Californian's privacy, Consumer Watchdog said. The bill, AB 375, may not be as strong as the California Consumer Privacy Act ballot initiative it is intended to replace, but for the first time gives consumers substantial control over their...

MILWAUKEE: Employers around the world are facing the most acute talent shortage since 2006, according to the latest Talent Shortage Survey, released today by ManpowerGroup (NYSE: MAN). Of the almost 40,000 employers surveyed, 45% are struggling to fill roles, with skilled trades workers, sales representatives and engineers the most difficult to find. Employers in Japan (89%), Romania (81%) and Taiwan (78%)...