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Meta and Vodafone partner to optimize video delivery across European networks

Meta, the parent company of Instagram, has partnered with Vodafone to enhance the delivery of short-form video content across 11 European mobile networks. This collaboration aims to free up network capacity without compromising the viewing experience. Video demand drives data usage growth The demand for video on platforms like Instagram, TikTok, and YouTube has significantly… Continue reading Meta and Vodafone partner to optimize video delivery across European networks

Prosus to lead $100 million funding round for BlueStone, valuing jewelry startup at $960 million

Dutch investment group Prosus is set to lead a $100 million funding round for BlueStone, an omni-channel jewelry startup.  This round is expected to value BlueStone at approximately $960 million, more than doubling its valuation from $440 million in September 2023. The funding round will include both primary and secondary share sales.  Around $60 million… Continue reading Prosus to lead $100 million funding round for BlueStone, valuing jewelry startup at $960 million

Aptos Foundation partners with Alibaba Cloud to boost Web3 in Japan

The Aptos Foundation and Alibaba Cloud, China’s largest cloud service provider, have announced a new partnership that aims to support the growth of the Web3 ecosystem in Japan. Aptos Foundation’s alliance with the Alibaba Group’s digital technology platform targets Asia’s emerging hub. The latest collaboration adds to recent milestones from the Aptos team. One of… Continue reading Aptos Foundation partners with Alibaba Cloud to boost Web3 in Japan

Italian Consumer Price Index remains stable at 0.8% in June

The Italian Consumer Price Index (CPI) remained unchanged at 0.8% in June compared to the same month a year earlier, according to the preliminary report from the Italian National Institute of Statistics (Istat) released on Friday. On a monthly basis, the CPI increased by 0.1%. Factors contributing to CPI stabilisation The stabilisation of inflation in… Continue reading Italian Consumer Price Index remains stable at 0.8% in June

Bitget Wallet announces investment in trading platform Tomarket, targeting markets beyond DEXs

Victoria, Seychelles, June 28th, 2024, Chainwire Leading Web3 wallet and DeFi platform Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform for emerging asset classes. Developed by industry experts from prestigious firms with the likes of Binance and Microsoft, Tomarket is designed to address markets and user needs beyond… Continue reading Bitget Wallet announces investment in trading platform Tomarket, targeting markets beyond DEXs

Bitget to launch social campaign in Vietnam to warn about crypto scams and risks

Victoria, Seychelles, June 28th, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company, will launch a unique social project in Vietnam. The campaign aims to educate people on how to use cryptocurrency securely and prevent fraud through engaging and understandable posters and banners. These educational materials, which will provide tips on detecting and avoiding… Continue reading Bitget to launch social campaign in Vietnam to warn about crypto scams and risks

Apple’s iPhone sales surge by nearly 40% in China in May

Apple Inc’s smartphone shipments in China saw a significant increase of 39.6% in May compared to the same month last year, according to data from the China Academy of Information and Communications Technology (CAICT). This substantial growth highlights Apple’s dominant position in the Chinese market amid a broader rise in demand for foreign-branded smartphones. Foreign-branded… Continue reading Apple’s iPhone sales surge by nearly 40% in China in May

This 2-year-old startup just got $120 M to build an AI chip and counter Nvidia

In the ever-evolving landscape of artificial intelligence, a two-year-old startup, Etched, has emerged with a bold mission: to challenge Nvidia’s dominance in the AI chip market. Founded by Harvard dropouts and headquartered in Cupertino, California, Etched has recently raised $120 million in venture funding to develop its competitive AI chip, Sohu. This significant investment positions… Continue reading This 2-year-old startup just got $120 M to build an AI chip and counter Nvidia