CerraCap Ventures and Exfinity Venture Partners join forces for New Growth

Press release content from PR Newswire. The AP news staff was not involved in its creation.

COSTA MESA, Calif., Nov. 30, 2020 /PRNewswire/ — CerraCap Ventures and Exfinity Venture Partners are pleased to announce their global strategic partnership integrating CerraCap’s unique Sales & Scale™ model with Exfinity’s stated vision helping develop global enterprise startups leveraging the Indo-US corridor.

CerraCap and Exfinity together are poised to unleash the next wave of enterprise artificial intelligence and digital disruption. “With Exfinity’s understanding of complex digital product interactions, its deep engineering expertise and agile collaborative approach uniquely compliments how CerraCap operates. We believe this facilitates an extraordinary opportunity for expansion of right global investments for leading technology products and platform,” shared Saurabh Ranjan, CEO and Founder, CerraCap Ventures.

Given that CerraCap is domiciled in US and Exfinity in India, portfolio companies will benefit the Indo-US corridor for optimum capital and

Read More

Redmi Watch could join Redmi Note 5G series at launch tomorrow

Mi Watch Revolve app drawer profile

Credit: Dhruv Bhutani / Android Authority

  • Xiaomi’s Redmi brand is teasing the launch of a new smartwatch tomorrow.
  • The watch could be the Redmi Watch, which emerged online last month.

Xiaomi is gearing up to launch its first 5G Redmi Note phones tomorrow (November 26), expected to be called the Redmi Note 9 5G series in China. These phones might not be the only Redmi product on offer at the event though.

Redmi general manager Lu Weibing took to Weibo to tease the arrival of the smartwatch, noting that it’s lightweight and has a small, square screen. The executive also posted a teaser image, showing a wearable with a square housing along with Big Ben popping out of it. Check it out below.

Lu Weibing Redmi Watch teaser

It looks like this is the same Redmi or Mi Watch Lite smartwatch that swung by the FCC last month. The FCC filing showed a watch (model

Read More

H&M And Adidas Join Industry Consortium Partners Delivering A Blueprint For Circular Fashion

Transforming the fashion industry from its linear ‘take, make, waste’ model to a circular one, where materials are perpetually recycled, is considered the ‘holy grail’ of sustainability.  With global apparel consumption projected to rise by 63% to 102 million tons in 2030, and an increase in clothing being sent to landfill accordingly (the Ellen MacArthur Foundation reports that $500 billion of value is lost every year due to clothing underutilisation and a lack of recycling), achieving circularity is becoming even more critical. It has remained elusive, however, with collaborative system-wide changes across the fashion supply chain required in order to ‘close the loop.’ The focus of fashion brands to date has been on somewhat isolated initiatives, including encouraging consumers to mend and wear their clothes for longer, clothing resale, rental and recycling.  Whilst consumer efforts

Read More

Tech giants join with governments to fight Covid misinformation

Facebook, Twitter and Google are working with a coalition of governments including the UK and Canada to fight misinformation and conspiracy theories around Covid vaccinations.

a group of people standing in front of a crowd: Photograph: Anadolu Agency/Getty Images

© Provided by The Guardian
Photograph: Anadolu Agency/Getty Images

Formed by the British fact-checking charity Full Fact, the new working group will aim to set cross-platform standards for tackling misinformation – as well as how to hold organisations accountable for their failure to do so.

“Bad information ruins lives, and we all have a responsibility to fight it where we see it,” said Full Fact’s chief executive, Will Moy. “The coronavirus pandemic and the wave of false claims that followed demonstrated the need for a collective approach to this problem.

“A coronavirus vaccine is now potentially just months away. But bad information could undermine trust in medicine when it matters most, and ultimately prolong this pandemic.”

As well as the three technology companies, the

Read More

Cisco Webex bugs allow attackers to join meetings as ghost users

Webex ghost users

Image: Cisco, Oksana Latysheva, ZDNet

Cisco plans to fix three vulnerabilities in the Webex video conferencing app that can allow attackers to sneak in and join Webex meetings as ghost users, invisible to other participants.

The vulnerabilities were discovered earlier this year by security researchers from IBM, who conducted a review of remote working tools the tech software giant was using internally during the coronavirus pandemic.

Researchers said the three bugs, when combined, would have allowed an attacker to:

  1. Join a Webex meeting as a ghost user, invisible to others on the participant list, but with full access to audio, video, chats, and screen sharing.
  2. Remain in a Webex meeting as a ghost audio user even after being expelled from it.
  3. Obtain information on meeting participants, such as full names, email addresses, and IP addresses. This information could also be obtained from the meeting room lobby, even before the attacker
Read More

Six new members join Emerging Stronger Taskforce, including from labour, sustainability and medical sectors, Singapore News & Top Stories

SINGAPORE – Six new members have been appointed to the task force charting the direction of Singapore’s economic recovery post-Covid-19, to bring in new perspectives as the team explores new areas of growth opportunities.

The newcomers to the Emerging Stronger Taskforce (EST), which will now have 23 members in total, include Ms Jessie Yeo, executive secretary of the Singapore Port Workers Union and human resource director of the National Trades Union Congress.

“The work of the EST is important as it will have a direct impact on our workers and the skills that they will need, to thrive in the future economy. I look forward to building on the work of the EST and the Alliances for Action (AfAs) to strengthen this perspective on jobs and skills,” she said at a press conference on Thursday (Nov 19).

The AfAs are industry-led coalitions tasked to devise ideas and generate new jobs

Read More

Babbel has been teaching the world new languages in quarantine. You can join in at 50% off.

Did you think about putting all that time in COVID quarantine to good use this year? If you did, you were in good company. And there’s proof that there was lots and lots and lots of company with you.

In fact, the world’s top-grossing language learning app Babbel said 2020 has already been one of its biggest years ever. Since COVID restrictions began popping up worldwide back in March, Babbel reported a triple-digit growth rate for its app, including increases of over 200 percent in places like Germany and the U.S.

And it wasn’t all just idle downloading either. The company said learning activity in the app actually doubled from March to September. The thirst for learning a new language is always strong — so right now, Babbel Language Learning is opening up lifetime access to its complete 14 language library of elite training at half off its regular

Read More

Ivanka the Latest Trump to Join Parler, As ‘Free Speech’ App CEO Defends Users’ Right to Say ‘Crazy Things’

Ivanka Trump is the latest relative of the president to sign up to Parler, a social network popular with conservative politicians and personalities.

The businesswoman and advisor to her father, President Donald Trump, announced to her 10 million Twitter followers on Tuesday that she had joined the rival platform, which topped the U.S. iOS and Android app store download charts this month.

At the time of writing, she has not yet posted to her Parler account, which has attracted more than 200,000 followers since first being created five days ago.

Ivanka Trump appears to be the third family member to have an official verified account on the social network, which gained significant attention this year by claiming to protect the “free speech” of its users while having an aversion to censorship.

The president’s second son Eric joined on May 27 and has 1.6 million followers. Lara Trump,

Read More

Robots Join the Sales Team

Where bionic realtors are making headway in real estate, bots are quickly moving in, as well. Luke, an AI-powered chatbot from the start-up RealFriend, scours dozens of real estate databases to pull personalized recommendations. The bot provides detailed recommendations with targeted amenities like sunlight, safety ratings and nearby subways, and can also answer specific questions such as, “Which directions do the windows face?” or “Is this apartment a better deal than where I am currently living?”

RealFriend was started in 2018 by Hadar Landau and Omri Klinger, two entrepreneurs who served in the same elite intelligence unit of the Israel Defense Forces. They first rolled out Dooron, Luke’s older, Hebrew-speaking cousin, for the Tel Aviv rental market. Luke launched in New York in July. The service is free for users. Brokers selling a property, who generally earn a three percent commission on sales in New York City, pay Luke 25

Read More

Australia shares join global rally on vaccine hopes; tourism, oil stocks take off

By Shruti Sonal

Nov 10 (Reuters)Stock markets in Australia and New Zealand jumped more than 2% on Tuesday, joining a global rally in equities overnight as investor risk appetite was boosted by promising developments toward a coronavirus vaccine.

The Australian benchmark index .AXJO hit its highest level since March 5, led by gains for travel, leisure and energy firms, while gold-related stocks plunged as investors dumped the safe-haven bullion in favour of riskier assets.

Global markets rallied sharply, with Wall Street’s main indexes hitting record highs, after U.S. drugmaker Pfizer PFE.N and its German partner BioNTech BNTX.O said data from a large-scale trial of their vaccine showed it was more than 90% effective in preventing COVID-19.

“Even with widespread distribution still months away the announcement effect will provide a consumer and business sentiment boost to be sure,” RBC Capital Markets analysts said in a note.

“Whether people

Read More