innovation

Acquisition Alert: VerSe from India Purchases Magzter, a Competitor to Apple News+

Magzter
VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its backers. Magzter has amassed over 1 million paying subscribers in India and boasts a global active user base of 87 million, Bedi said. The firm, which offers an all-you-can-consume model with annual subscription fees ranging from $20 to $30, will find a distribution and technology partner in VerSe Innovation, he added. The Indian firm plans to launch Dailyhunt Premium this year that will include an ad-free experience as well as Magzter’s catalog.

Apple’s Tap-to-Pay Control Criticized by DOJ for Stifling Innovation and Solidifying Monopoly

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Apple Pay is no stranger to regulatory controversy. PayPal — the payments behemoth that has substantial businesses in mobile transactions and point-of-sale technology — was apparently instrumental in the original EU complaint around Apple’s payment monopoly. The DOJ’s argumentApple today takes a 0.15% fee on any transaction made via Apple Pay. In the meantime, Apple has continued to develop Apple Pay, launching — for example — its own buy now, pay later offering last autumn (pictured above). Apple Pay and Apple Wallet are both a small part of Apple’s services revenues — which were upwards of $90 billion in 2023 — or indeed overall revenues.

“European Deep Tech to Receive $185 Million Investment by OTB Ventures with Support from NATO Innovation Fund”

Otb Ventures Co Founders And Managing Partners Marcin Hejka And Adam Niewinski
Not a day goes by without some confirmation that ​​deep tech is on the rise in Europe — and that public and private capital investors are here for it. Latest case in point, OTB Ventures, which closed a $185 million fund to invest in deep tech in Europe that it will mostly deploy at the Series A stage. OTB’s take on deep tech focuses on four verticals that do sound fairly NATO-compatible: space tech, enterprise automation and AI, cybersecurity and fintech infrastructure. This means we can’t confirm either whether the funding that went to OTB could also have gone to, say, a French or Austrian deep tech fund. Like NIF, OTB is headquartered in Amsterdam, and its other office is in Warsaw, where NIF is also planning to have a regional office.

“Exploring AI Impact: An Interview with Oxford Professor of Data Ethics, Sandra Watcher”

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We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Sandra Wachter is a professor and senior researcher in data ethics, AI, robotics, algorithms and regulation at the Oxford Internet Institute. She’s also a former fellow of The Alan Turing Institute, the U.K.’s national institute for data science and AI. What are some issues AI users should be aware of? Bad data, bad algorithms and bad design choices lead to worse products.

Victorious in the Wireless Arena: Unleashing the Power of American Advantages

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We can’t compete against our global peers with that engine throttled by last-generation digital infrastructure and policy. They are already slowing investment in 5G network deployments and signaling their disinterest in 6G investment. If we create more game-changing wireless applications — from advanced manufacturing, to smart cities, to autonomous transport, to remote sensing — we create demand that pulls digital infrastructure forward. But we can’t compete against our global peers with that engine throttled by last-generation digital infrastructure and policy. We must acknowledge new realities and play to our strengths to reverse digital infrastructure deterioration.

Mirantis Reinstates Old CEO as New Chief Executive

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Mirantis, the enterprise infrastructure startup that has gone through its share of evolutionary cycles since it launched back in 1999. That has included a number of leadership changes, including a CEO swap in 2018 which saw co-founder and CEO Alex Freedland step down and co-founder Adrian Ionel taking on the CEO role (after Ionel and Freedland had first swapped CEO roles back in 2015). But now, in another twist to this story, Freeland is coming back as CEO while Ionel is stepping down effective January 11. “Once again, we are in the middle of one of the most exciting periods in the history of computing, more than ever led by open source innovation. Ionel will transition to an advisor role.

“Keep an Eye Out for the Top 4 DevSecOps Trends in the Age of AI Standardization”

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Simultaneously, developers and the wider DevSecOps community must prepare to address four global trends in AI: the increased use of AI in code testing, ongoing threats to IP ownership and privacy, a rise in AI bias, and — despite all of these challenges — an increased reliance on AI technologies. Successfully aligning with these trends will position organizations and DevSecOps teams for success. From luxury to standard: Organizations will embrace AI across the boardIntegrating AI will become standard, not a luxury, across all industries of products and services, leveraging DevSecOps to build AI functionality alongside the software that will leverage it. To prepare, organizations must invest in revising software development governance and emphasizing continuous learning and adaptation in AI technologies. In our latest Global DevSecOps Report, 81% of respondents said they would like more training on how to use AI effectively.

“The Bold Influence of Technologists on Product Innovation”

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Product design makes innovation less daunting and increases chances for success because it is a multidisciplinary process with structures and frameworks to catalyze innovation. Before discussing the nontraditional ways technologists participate in product innovation, let’s conceptually examine innovation and product design. A progressive role for technologistsTechnologists play a strategic role in product innovation and should bring a metaphysical perspective in addition to being punctilious. Product innovation is experimental and should not always be expected to yield productive results. Technologists add value to the product design process by sharing their expertise on a technology’s characteristics.