Author Archives: sristy

The crossover is (almost) over: Public-market investors bail on tech startups

Image Credit: Lumen Photos / Shutterstock Historically, mature private companies relied on “growth” or late-stage venture firms for their last round, or rounds, before filing for IPO. That ecosystem has been disrupted over the last few years as large public market focused investors entered the space. But just as the big money players flooded into the market, current economics are ... Read More »

Global tech companies see India’s vast offline population as untapped market

Only about a fifth of India’s roughly 1.2 billion people are online, according to a recent Pew Research Center report, and the world’s biggest technology companies are clamoring for this large, untapped user base. Facebook recently tried (and failed) to implement its“Free Basics” internet program, and Google is also vying for the vast Indian internet market. India lags behind other ... Read More »

Toptal Buys Skillbridge to Advance Freelance Tech Market

Freelance developer entity Toptal announced it has acquired Skillbridge, a firm that focuses on providing top freelance business talent to companies. Toptal, a company that provides freelance software engineers and designers for hire, has announced its acquisition of Skillbridge, an online platform for elite business freelancers, in a move aimed at creating a scalable network for top freelance developers, designers, ... Read More »

Australian stock market becomes haven for tech startups

Image Credit: Passion Images / Shutterstock.com The Asia-Pacific region has been picking up some of the slack we’ve been encountering lately within the technology merger and acquisition (M&A) landscape. While US capital markets are tightening, tech M&A activity in the Asia-Pacific region reached a three-year high during this first quarter. A growing number of early stage tech companies are setting ... Read More »

Twitter Activism Can Help Fight for Racial Justice: Study

With hashtag activism, the micro-blogging site Twitter has triggered the biggest ever push for racial justice the US has seen in decades, researchers report. With hashtags like #Ferguson, #Blacklivesmatter, and the Online Struggle for Offline Justice, the social media activism fuelled the rise of “Black Lives Matter (BLM) – a nationwide movement dedicated to ending police brutality. The study by ... Read More »

Facebook Fixes Flaw That Could’ve Let Anyone Access Your Account

Facebook has awarded a sum of $15,000 (roughly Rs. 10 lakhs) to an India-born security researcher. Anand Prakash received the bug bounty from Facebook after disclosing a vulnerability in the social juggernaut’s website that enabled an attacker to gain access to anyone’s account. Prakash discovered a vulnerability on Facebook website that allowed him to change the user account password for ... Read More »

2016 ICC World Twenty20: Twitter Unveils Trump Cards, New Emojis, and More

The International Cricket Council (ICC) and social networking site Twitter are all set to introduce a range of new interactive experiences for the ICC World Twenty20 in India. Twitter Trump Cards (#WorldT20Heroes), #AskCaptain and some new Twitter emojis are part of the new initiatives, ICC has innovated with Twitter for cricket fans to get a Trump Card of their favourite ... Read More »

2016 ICC World Twenty20: Facebook, Instagram Let You Support Your Favourite Team

To cater to cricket fans around the world, social media giant Facebook and its photo-sharing app Instagram have tied up with the International Cricket Council (ICC) to let fans support their teams competing in the 2016 ICC World Twenty20 tournament. “From March 8 to April 3, 16 men’s and 10 women’s cricket teams will face each other to determine who ... Read More »

Facebook Lite Clocks 100 Million Monthly Active Users

Facebook announced Wednesday that Facebook Lite reached 100 million monthly active users less than nine months since it launched, making it the fastest-growing interface from the company to hit the milestone. Launched for emerging markets on Android devices in June 2015, Facebook Lite has a download size smaller than 1MB, and is optimised for low-bandwidth conditions. Facebook Lite now supports ... Read More »

Facebook Building Dictionary of Modern Slang, Indicates Patent

Social media giant Facebook is reportedly working on a software that will be capable of building a dictionary of slang terms used on the social networking website. The software will scan for unique words used in Facebook posts and comments, and determine if these words have a particular meaning among a small group of people, The Verge reported. According to ... Read More »