Category: Technology & Digitalization

Capture investment opportunities created by megatrends

Want to work at a Google campus? You’ll need to be vaccinated

Even for tech companies who create the tools for remote work, returning to the office is proving a major challenge. After early work from home recommendations last March, companies like Google eventually closed up shop, requiring employees to take their work home with them. The intervening year and change have been a fraught balancing act…
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28 July 2021 0

Customer engagement platform Dixa raises $105M Series C led by General Atlantic

European customer engagement platform Dixa has raised a Series C funding round of $105 million, led by growth equity investor General Atlantic. Existing investors Notion Capital, Project A, and Seed Capital also participated. In February last year, it raised $36 million in Series B funding, led by Notion Capital, with support from existing investors Project…
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28 July 2021 0

Big Tech: blowout earnings are sustainable

Apple Inc updates Sign up to myFT Daily Digest to be the first to know about Apple Inc news. Big Tech’s ascension is in full flow. Between them, Apple, Microsoft and Alphabet reported close to $190bn in revenues and $57bn in profit in the past quarter, billions of dollars more than forecast. Yet while Microsoft…
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28 July 2021 0

Stablecoin News for the week ending Wednesday 28th July.

Stablecoins are spooky! Here is our pick of the 3 most important Stablecoin news stories during the week. This week we saw a lot of talk from regulators about what we should be scared about, but it remains unclear if and what they will ever do. Stablecoin Regulations Are Coming Soon – CoinDesk Part of the…
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28 July 2021 0

Business messaging platform Gupshup raises $240 million from Tiger Global, Fidelity and others

Gupshup, a business messaging platform that began its journey in India 15 years ago, surprised many when it raised $100 million in April this year, roughly 10 years after its last financing round, and attained the coveted unicorn status. Now just three months later, the San Francisco-headquartered startup has secured even more capital from high-profile…
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28 July 2021 0

LG Display braces for slowing electronics demand as lockdowns ease

LG Display Co Ltd updates Sign up to myFT Daily Digest to be the first to know about LG Display Co Ltd news. One of the world’s biggest makers of electronics displays said it was bracing for lower prices in the second half of the year as the easing of Covid-19 lockdowns hits demand for…
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28 July 2021 0

Cassie the bipedal robot runs a 5K

You may well recognize Cassie as the basis of Agility Robotics’ delivery bot, Digit. If you’ve been following the tech’s progression at all, however, you no doubt know that it started life as the ostrich-inspired Cassie. The robot is all legs and not much else. In addition to fueling Agility’s commercial ambitions, the robot has…
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27 July 2021 0

Tech blowout: Apple profit nearly doubles as iPhone sales surge

Apple, Microsoft and Alphabet said on Tuesday that their latest revenues and earnings had surged above the stock market’s already optimistic expectations, confirming that demand for their digital services and gadgets continued to soar as some countries began to emerge from the pandemic. Apple Apple’s profits almost doubled in its latest quarter to $21.7bn, as…
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27 July 2021 0

iPhone sales fuel Apple’s Wall Street-beating Q3

Another excellent quarter for Apple, as the company posted $81.4 billion in revenue. That’s a 36% year-over-year jump for the company, besting Wall Street estimates of $73.3 billion by a considerable margin. “Our record June quarter operating performance included new revenue records in each of our geographic segments, double-digit growth in each of our product…
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27 July 2021 0

Intel’s 2025 semi final

Technology sector updates Sign up to myFT Daily Digest to be the first to know about Technology sector news. This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight to your inbox every weekday Intel chief executive Pat Gelsinger became its first chief technology officer…
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27 July 2021 0