Arduino is considering manufacturing in India.
Violante considers fake Arduino boards the key reason for this discrepancy.
Therefore, by starting local manufacturing, Arduino would sell its boards in India at reduced prices — in line with those of its Chinese counterparts.
However, most of it results from the growth of local mobile phone manufacturing.
Arduino is currently considering both large international EMS companies and smaller local players in India, which specialize in producing electronic boards or development boards, Violante told TechCrunch.
As promised, Apple has officially removed the Watch Series 9 from its online shop.
The Apple Watch Ultra 2 is similarly unavailable.
You can, however, still buy the entry-level Apple Watch SE, likely owing to the product’s relatively limited on-board health metrics.
This includes pausing sales of Apple Watch Series 9 and Apple Watch Ultra 2 from Apple.com starting December 21, and from Apple retail locations after December 24.
Should the order stand, Apple will continue to take all measures to return Apple Watch Series 9 and Apple Watch Ultra 2 to customers in the U.S. as soon as possible.
Working to apply artificial intelligence to molecular simulations, DP, short for “Deep Potential”, believes that the unifying power of “scientific research for humanity” will pave the way for its global expansion.
Areas that can benefit from scientific computing range from biopharmaceutical research and car design to semiconductor development.
The London-based AI powerhouse reported £44 million ($60 million) profit in 2020, up from a whopping £477 million ($650 million) loss in 2019.
In the meantime, DP’s international ambitions might encounter roadblocks from the ongoing decoupling that’s dividing the U.S. and China across many areas, including scientific research.
“Both the fields of basic science and biopharmaceuticals are shared by all of humanity, and they are relatively open and inclusive.
The global re-commerce market is poised for growth as consumers increasingly settle for pre-owned goods to save on cost, and as some observe conscious consumption.
With the global re-commerce market expected to continue its growth spurt, C2C marketplaces like Saudi Arabia’s Soum are looking to capture users in the Middle East and North Africa (MENA) region.
Soum was founded in the Kingdom of Saudi Arabia in 2021, and is now eyeing growth expansion to other MENA countries, beginning with the United Arabs Emirates.
Beyond expansion, the startup, whose top listings are electronics, is also increasing the categories it covers by including products like automobiles and collectibles.
This is the preposition that Soum brings to the table.”Soum manages the entire process from listing to delivery.
Adobe’s $20 billion mega-bid to buy rival Figma is now officially dead, after the companies said today that regulatory pushback in Europe had caused them to put an end to the acquisition plans.
First announced in September last year, the deal was always going to attract regulatory scrutiny due to the size of the transaction and the fact that it took one of Adobe’s major rivals out of the picture.
Irrespective of that outcome, the two companies were already facing significant headwinds in Europe.
As a result of all this, Adobe will now have to pay Figma a termination fee of $1 billion, which was contractually payable in the event of the transaction failing to attain regulatory clearance — or if it failed to close within 18 months of the acquisition’s announcement last September.
That 18-month stipulation hadn’t yet been reached, and no regulatory body had actually announced their final findings — but Adobe and Figma clearly saw no way through this, and with the DoJ also weighing up regulatory action, in the end it just made more sense to pull the plug on the deal entirely.
LineNext, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand its web3 platform.
The new funding comes nearly a year after LineNext released its browser-only beta service — a consumer-to-consumer(C2C) marketplace launched on its non-fungible token (NFT) platform DOSI.
The company plans to use the new capital to launch its official NFT platform DOSI and web3 services in January next year.
LineNext will also release a new social app allowing users to communicate via AI avatars and launch new Web3 games utilizing Line’s character Brown and Friends.
LineNext Korea manages Web 3 business strategy, while Line Next U.S. operates the NFT platform business.
Maka, an African fashion and beauty e-commerce platform, has raised a $2.65 million pre-seed round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital.
She said launching Maka began during the pandemic when she was in Ghana and struggled to find inclusive fashion inspiration.
To address the trust element, Maka leverages videos as a means to connect users with trusted creators.
Notably, the platform offers a review option, allowing customers who make purchases to share their feedback through video reviews, usually between 30 and 60 seconds long.
Furthermore, creators can download their reviews from Maka and share them on other social media platforms, earning additional points for each share.
LineNext, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand its web3 platform.
The new funding comes nearly a year after LineNext released its browser-only beta service — a consumer-to-consumer(C2C) marketplace launched on its non-fungible token (NFT) platform DOSI.
The company plans to use the new capital to launch its official NFT platform DOSI and web3 services in January next year.
LineNext will also release a new social app allowing users to communicate via AI avatars and launch new Web3 games utilizing Line’s character Brown and Friends.
LineNext Korea manages Web 3 business strategy, while Line Next U.S. operates the NFT platform business.
LineNext, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand its web3 platform.
The new funding comes nearly a year after LineNext released its browser-only beta service — a consumer-to-consumer(C2C) marketplace launched on its non-fungible token (NFT) platform DOSI.
The company plans to use the new capital to launch its official NFT platform DOSI and web3 services in January next year.
One of the things that sets LineNext apart from its competitors is its global infrastructure and know-how based on its global services, Kim noted.
LineNext Korea manages Web 3 business strategy, while Line Next U.S. operates the NFT platform business.
TUNL, a South African parcel shipping platform, has secured $1 million in pre-seed funding from investors, including Founders Factory Africa, Digital Africa Ventures, E4E Africa, and Jozi Angels.
The current challenges in cross-border shipping cost African businesses an estimated $50 billion annually in missed opportunities.
TUNL’s founders identified a recurring issue among small- and medium-sized South African merchants during the pandemic: Shipping costs sometimes surpassed the value of their products.
On the TUNL platform, merchants offer customers various shipping options during checkout.
South Africa is known for its wine industry, with exports reaching 368.5 million liters last year.
