Fueled by pandemic, contactless mobile payments to surpass half of all smartphone users in US by 2025
Among other technology trends accelerated by the COVID-19 pandemic, the use of contactless mobile payments boomed in 2020. According to a recent report by analyst firm eMarketer, in-store mobile payments usage grew 29% last year in the U.S., as the pandemic pushed...
Swedish battery manufacturer Northvolt receives a $14 billion order from VW
Northvolt, the Swedish battery manufacturer which raised $1 billion in financing from investors led by Goldman Sachs and Volkswagen back in 2019, has signed a massive $14 billion battery order with VW for the next 10 years. The big buy clears up some questions about...
Tetrate, the company born out of Istio’s open-source app networking project, raises $40 million
Tetrate, the company commercializing an open-source networking project that allows for easier data sharing across different applications, has raised $40 million. The round, led by Sapphire Ventures, underscores the importance of the Istio project and just how critical...
Cashify raises $15 million for its second-hand smartphone business in India
Tens of millions of people each year purchase a second-hand smartphone in India, the world’s second-largest market. Phone makers and giant online sellers such as Amazon and Flipkart are aware of it, but it’s too much of a hassle for them to inspect, repair and resell...
Global smartphone shipments expected to rebound 11% this year
Like countless other industries, mobile phone sales got hit hard in 2020. The industry hit a 10.5% decline for the year, as COVID-19 first decimated the supply and later consumer demand for devices. It was the latest in a rough couple of years for manufacturers, but...Video Tutorial
