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Archivo del Autor: Belen De Leon

4G isn't dead yet: Qualcomm unveils LTE-versions of its midrange Snapdragon chips – CNET

The company late Monday introduced three new 4G processors to tap into markets like India.
Source: CNET

Hulu February 2020: Everything new coming this month – CNET

Head back to the Nine-Nine with the seventh season premiere of Brooklyn Nine-Nine, and walk on the wild side of the law with season 3 of Good Girls.
Source: CNET

Challenger business bank Qonto raises $115 million round led by Tencent and DST Global

French startup Qonto has raised a $115 million Series C funding round led by Tencent and DST Global. Today’s news comes a few days after another French fintech startup Lydia raised some money from Tencent.

Existing investors Valar and Alven are also participating in today’s funding round. TransferWise co-founder Taavet Hinrikus and Adyen CFO Ingo Uytdehaage are also joining the round. Qonto says that it represents the largest funding round for a French fintech company.

Qonto is a challenger bank, or a neobank, but for B2B use cases. Instead of attracting millions of customers like N26 or Monzo, Qonto is serving small and medium companies as well as freelancers in Europe.

According to the startup, business banking in Europe is broken. The company thinks it can provide a much better user experience with an online- and mobile-first product.

The company has managed to attract 65,000 companies over the past two years and a half. The product is currently live in France, Italy, Spain and Germany. In 2019 alone, Qonto has managed €10 billion in transaction volume.

With today’s funding round, the company plans to double down on its existing markets, develop new features that make the platform works better in each country based on local needs and hire more people. The team should grow from 200 to 300 employees within a year.

Qonto obtained a payment institution license in June 2018 and has developed its own core banking infrastructure. Around 50% of the company’s user base is currently using Qonto’s own core banking system. Others are still relying on a third-party partner.

Moving from one back end to another requires some input from customers, which explains why there are still some customers using the legacy infrastructure. Over the coming months, Qonto plans to launch new payment features that should convince more users to switch to Qonto’s back end.

Even more important, Qonto plans to obtain a credit institution license, which could open up a ton of possibilities when it comes to features and revenue streams. The company says that it should have its new license by the end of the year.

For instance, you could imagine being able to get a credit card, apply for an overdraft and get a small loan with Qonto.

Compared to traditional banks, Qonto lets you open a bank account more easily. After signing up, Qonto offers a modern interface with your activity. You can export your transactions in no time, manage your expenses and get real-time notifications. Qonto also integrates with popular accounting tools.

When it comes to payment methods, Qonto gives you a French IBAN as well as debit cards. You can order physical or virtual cards whenever you want, customize limits and freeze a card. Qonto also supports direct debit and checks. Like many software-as-a-service products, you can also manage multiple user accounts and customize permission levels.


Source: TechCrunch

Disney embraces (almost) every time The Simpsons poked fun at Disney – CNET

In a new compilation video, Disney welcomes the cartoon’s Disney gags — which it now owns.
Source: CNET

Uber sells food delivery business in India to Zomato

Uber said on Tuesday it has sold its food delivery business, Uber Eats, in India to local rival Zomato as the American ride-hailing giant races to shed lossmaking operations to become profitable by next year.

As part of the deal, Uber would own 9.99% of Zomato and its Eats users would become part of the Indian company, the two loss-making firms said. The deal valued Uber Eats’ India business between $160 million and $200 million*, two people familiar with the matter told TechCrunch.

TechCrunch reported last month that the two were in advanced stages of talks for a deal. Indian newspaper Times of India first signaled about the two companies’ talks in November.

Satish Meena, an analyst at Forrester, told TechCrunch that despite the Uber deal, Zomato still lags local rival Swiggy, which services more number of orders each day. Backed by Prosus Ventures, Swiggy raised $1 billion in late 2018.

“Our Uber Eats team in India has achieved an incredible amount over the last two years, and I couldn’t be prouder of their ingenuity and dedication,” said Dara Khosrowshahi, chief executive of Uber, in a statement.

Uber Eats, which entered India in 2017, initiated conversations to sell the local business in late 2018, said people familiar with the matter.

“India remains an exceptionally important market to Uber and we will continue to invest in growing our local Rides business, which is already the clear category leader. We have been very impressed by Zomato’s ability to grow rapidly in a capital-efficient manner and we wish them continued success,” he added.

According to industry estimates, Uber is not the “clear category leader” in India. That title belongs to Ola, which processes twice as many rides as Uber in India and has presence in 110 cities, compared to the American firm’s roughly three-dozen.

As for Uber Eats employees in India, some of them have been given the option to join Uber while rest will be let go, people familiar with the matter told TechCrunch.

The announcement comes amidst of Zomato’s new financing round. The 11-year-old Indian firm last month raised $150 million from Ant Financial and says it is looking to secure another $400 million in the next few weeks.

Offloading Uber Eats India would help Uber, which left Southeast Asia last year, reduce its global losses. The company, which cut hundreds of jobs last year, reported a quarterly loss of more than $1 billion in November. In the prior quarter, it lost about $5.2 billion. Uber says that it aims to become profitable by 2021.

The ride-hailing giant projected a loss of $107.5 million for its Uber Eats business in India for the period between August and December of last year. Zomato, too, has been reducing its burn rate. The company, which as of 2018 was losing more than $40 million each month, has cut its monthly loss to $20 million, Info Edge, one of the investors in Zomato, told analysts in an earnings call in November.

*Update: The story was updated to change the valuation of Uber Eats’ India business. An earlier version of the story pegged the deal to be worth $300 million to $350 million.


Source: TechCrunch

Personio, the German HR platform for SMEs, raises $75M Series C at a $500M valuation

Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel. I understand the investment values the company at around $500 million.

Also joining is Lightspeed Venture Partners, alongside Lars Dalgaard (the founder and former CEO of SuccessFactors). Existing investors Index Ventures, Northzone, Rocket Internet’s Global Founders Capital, and Picus Capital followed on.

The Series C brings Personio’s total funding to $130 million since launching in 2015. The additional capital will help support the company’s expansion into the U.K. and Ireland, which is also being announced today. This will see Personio establish a new office in London to better serve clients in the U.K. and Ireland.

Combining human resources, recruiting and payroll into a single platform, Personio bills itself as a “HR operating system� for small and medium-sized companies (SMEs) ranging from 10 to 2,000 employees.

The cloud-based software is designed to power all of a company’s people processes via the product’s own growing functionality or through its ability to integrate with third-party software.

To that end, Personio says its customer base has tripled in the past twelve months, and says it now serves almost 2,000 customers in more than 40 countries. In the same period, the number of employees at Personio has more than doubled to over 350. That figure is set to reach 700 employees by the end of 2020.

Along with traditional SMEs, Personio has naturally found a home amongst startups. “The strong growth of the last four years in German-speaking countries has shown that there is a great demand for HR software in SMEs,” Personio co-founder and CEO Hanno Renner tells me.

“42% of their time is currently spent on administrative tasks, according to a recent, as yet unpublished study from Germany. Personio automates repetitive tasks and thus gives HR staff time for value-adding tasks. This is an invaluable advantage that has already convinced several U.K. customers such as Raisin and millimetric.â€�


Source: TechCrunch

Microsoft invertirá una lluvia de millones en tecnología para reducir CO2

El gigante del software planea crear un fondo de 900 millones de euros con el fin de desarrollar métodos de captura de dióxido de carbono del aire. Además, asegura que en 2050 habrá compensado las emisiones que ha generado desde su fundación
Source: MIT

Este software analiza capturas de pantalla para comprendernos mejor

El Proyecto Human Screenome utiliza un programa que registra lo que sucede en los ‘smartphones’ cada cinco segundos. Identificar las secuencias de actividad puede servir para entender cómo afectan a nuestra vida analógica y estudiar patrones de uso vinculados a la adicción a las redes sociales 
Source: MIT

El lado oscuro del uso de dispositivos tecnológicos en las aulas

Aunque la mayoría de educadores apoya su uso en EE. UU., varios estudios demuestran un impacto negativo en los resultados de los estudiantes. De hecho, las tabletas pueden disminuir su motivación o eliminar el aspecto colaborativo del aprendizaje. Y los alumnos con menos recursos son los más perjudicados
Source: MIT

Right now Harman/Kardon's SB 26 soundbar with powered wireless subwoofer is just $180 – CNET

This excellent home theater sound system is 70% off the $600 list price.
Source: CNET

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