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Archivo del Autor: Belen De Leon

Así será 2030, según siete expertos en predicciones de futuro

Pronosticar el futuro es un trabajo complejo y absolutamente crítico para cada vez más sectores de la economía, la medicina y el clima. Siete profesionales de distintas áreas explican cómo trabajan, qué herramientas usan y cuál es su visión del mundo para dentro de 10 años
Source: MIT

El uso de la IA en las grandes organizaciones en Latinoamérica

Everis y ‘MIT Tech Review en español’ analizan la presencia de la inteligencia artificial en la región para entender los retos y las oportunidades que la tecnología puede ofrecer a las empresas. La falta de talento, de inversión y de apoyo corporativo representan las mayores barreras de entrada para las compañías
Source: MIT

Un agujero negro supermasivo permite ver un choque entre otros dos

La colisión de dos agujeros negros no es visible pero, en este caso, había un tercer agujero supermasivo que iluminó el suceso y permitió observarlo, según las investigaciones preliminares. Contemplar este tipo de fenómenos nos ayudaría a profundizar sobre cómo interactúa la materia con estos objetos
Source: MIT

Sale a la luz la identidad del hacker conocido como 'el dios invisible'

Una serie de documentos judiciales señalan al ciudadano de Kazajstán Andrey Turchin como Fxmsp, el autor intelectual de una campaña de piratería que golpeó a 44 países y algunas de las empresas de ciberseguridad más grandes del mundo con la que ganó casi 1,4 millones de euros
Source: MIT

EE. UU. intenta prohibir que la policía use reconocimiento facial

Un proyecto de ley aspira a ilegalizar el uso de la tecnología por parte de las fuerzas del orden tras las protestas por la muerte de George Floyd, la reiterada presión de grupos activistas y las pruebas cada vez mayores de que los algoritmos tienen sesgos hacia las personas negras y otros grupos minoritarios
Source: MIT

Instagram Reels arrives in India following TikTok’s ban

In the wake of India’s decision to ban TikTok and other dozens of other Chinese apps over privacy concerns, Instagram has expanded its TikTok rival, known as Reels, in the region. The launch in India also comes only days after Facebook announced its standalone TikTok clone, Lasso, would be shutting down on July 10.

In addition to India, Instagram Reels is live in Brazil, and of recently, France and Germany. But an Instagram spokesperson hints the expansion may go even broader, without offering specific details.

“We’re planning to start testing an updated version of Reels in more countries,” a spokesperson told TechCrunch, when asked about the feature’s arrival in India. “Reels,” they added, “is a fun, creative way for people to both express themselves and be entertained.”

Unlike Lasso, which had been its own separate app, Reels has been designed to be a feature within Instagram itself. Reels allows users to create and post short, 15-second videos set to music or other audio, similar to TikTok. Also like TikTok, the feature offers a set of editing tools — like a countdown timer and those that adjust the video’s speed, for example — that aim to make it easier to record creative content. However, Instagram doesn’t have the same sort of two-tabbed, scrollable feed, like TikTok offers, just for watching Reels’ content.

Following the launch of Reels last year in Brazil, Instagram updated the feature based on user feedback. Users said they wanted a space to compile their Reels and watch those made by others. To address these concerns, Instagram moved Reels to a dedicated space on the user Profile page and now features Reels in its Explore section, if they’re published by a public account. That gives Reels the potential to go viral by catching the eye of Instagram users who don’t yet follow the creator’s account. (Before, Reels had been only available to Instagram Stories, which limited their exposure.)

Business Insider India was the first to report on Reels’ expansion in India, citing unnamed sources for the discovery.

The Reels launch is timely for a number of reasons. For starters, Facebook in June announced it had entered a global deal with Saregama, one of India’s largest music labels, which would allow it to license music for videos and other social experiences across both Facebook and Instagram. Facebook also has agreements with other Indian labels, including Yash Raj Films, Zee Music Company and T-Series. However, the addition of Saregama may have cleared the path for Reels to launch given the breadth of its content, which includes over 100,000 tracks like those from Indian music legends, plus Bollywood tunes, devotional music, ghazals, indipop and others.

But mainly, it’s ideal timing for Reels to come to India, given the country’s decision to ban TikTok.

The ban on Chinese apps knocked out TikTok from its largest overseas market, leaving a massive opportunity for Instagram to swoop in and pick up new users for Reels. Before its removal, TikTok had amassed more than 200 million users in India, which is a significant loss for the Beijing-headquared video app.

But Instagram is not without competition for those users. Reuters recently reported a surge in popularity for other Indian video-sharing apps, like Roposo, Chingari and Mitron, for example. Roposo even saw its user base jump by 22 million in the two days after India banned TikTok, the report noted.

Instagram didn’t indicate when Reels would launch in other key markets, like the U.S.

 

 


Source: TechCrunch

Sequoia announces $1.35 billion venture and growth funds for India and Southeast Asia

Sequoia Capital India on Monday announced it has secured $1.35 billion from LPs for two new funds in the country as the storied venture firm looks to ramp up its investments in the world’s second largest internet market and Southeast Asia and finance existing portfolio startups.

The two new funds — a $525M venture fund and a $825M growth fund — will help the venture firm, which already maintains a seed fund, more comprehensively serve the startup ecosystem, said Shailendra Singh, a managing director at Sequoia Capital India.

“A fundraise represents a massive responsibility to deliver attractive returns to Sequoia’s Limited Partners, the majority of which are non-profits, foundations and charities. We do this by partnering with outstanding founders who are building category defining companies,” he said.

Sequoia Capital India, which roped in former Google India head Rajan Anandan last year, made more than 50 investments last year, more than any firm in the country.

Top VC firms in India last year based on the number of investments they made

The firm, which began investing in India 14 years ago, closed its last fund, of $695 million, for India and Southeast Asia in 2018. That was its sixth fund for the region.

The VC firm has made several high-profile investments over the years, including in edtech giant Byju’s, which is now valued at $10.5 billion, Singapore e-commerce startup Zilingo, and fintech startup PineLabs, online learning startup Unacademy, fintech firm RazorPay, and Khatabook, which offers bookkeeping services to merchants. Last year, Sequoia Capital India sold most of its stake in budget hotel startup Oyo.

The new funds from Sequoia comes as a time when several investors have lost appetite as the coronavirus pandemic disrupts businesses. The per capita income of Indians, which remains some of the lowest across the globe, has also not improved over the years.

“Due to frequent cycles of intense competition, startups in our region have struggled to grow rapidly with good unit economics, often posting very high losses for the scale of business. This has prevented very large profitable technology businesses in our region from emerging. To add to these challenges, startups in India do not have the benefit of a regulatory framework that allows listing on foreign exchanges like Nasdaq. In this market context, most start-ups have chosen to remain private, and raising capital has become a proxy for success,” said Sequoia’s Singh.

“We believe there is an opportunity to choose a different path. Our ecosystem has arrived at a fork in the road.”

Last year Sequoia Capital India launched an accelerator program, called Surge, for early-stage startups. Since then about 50 startups have participated in Surge, which some analysts told TechCrunch has reduced Y Combinator’s appeal in India.

More to follow…


Source: TechCrunch

Why investors are cheering the Uber-Postmates deal

This morning as the markets rally, shares of Lyft are up 3% while Uber shares are up 6%.

Why is Uber so far ahead of Lyft, its domestic ride-hailing rival that is suffering from the same economic impacts? It appears that investors are heartened that Uber has closed its Postmates acquisition after both firms danced around each other for some time, leading to all sorts of leaks that wound up being not coming true.


The Exchange is a daily look at startups and the private markets for Extra Crunch subscribers; use code EXCHANGE to get full access and take 25% off your subscription


This explains why Uber investors are excited about Uber’s Postmates buy; what about the smaller company is making Uber shares so buoyant? Let’s take a walk through the numbers this morning.

If we reexamine Uber Eats’ recent growth, contrast it to Ubers Rides’ own growth, mix in Eats’ profitability improvements along with Postmates’ own financial results, we can start to see why public investors might be heartened by the deal.

Afterward, we’ll toss in a note about how Postmates may provide Uber some narrative ammunition heading into earnings. This exercise should be fun, and a good break from our recent IPO coverage. Let’s get into the numbers.

Growth, losses

In case you are behind, Uber is buying Postmates for $2.65 billion in an all-cash deal. Uber estimated that it would issue around 84 million shares to pay for the transaction. At its share price as of the time of writing, the deal is worth $2.72 billion at Uber’s newer share price. For reference, that price tag is about 4.8% of Uber’s current-moment market cap.

To understand why Uber would spend nearly 5% of its worth to buy a smaller rival, let’s remind ourselves of the performance of the group that it will plug into, namely Uber Eats.

From Uber’s Q1 2020 financial reporting, the following chart will ground our exploration, showing how Eats has performed in recent quarters:

Via Uber’s financial reporting. Q1 2019 on the left, Q1 2020 on the right.


Source: TechCrunch

2021 Jeep Wrangler will get updates to better battle Bronco, report says – Roadshow

Better to get ahead of this one.
Source: CNET

2021 Mazda3 Turbo gets AWD, 227 hp, but no Mazdaspeed badging – Roadshow

According to a Mazda Mexico video, the new turbo 3 should boast 310 pound-feet, making it a torque monster.
Source: CNET

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