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Showing posts from October, 2018

The new Mac Mini brings five times performance, More Memory Capacity, 6-Core Processors and more

Apple unveiled the new Mac Mini just recently and has outed what brings five times performance than its predecessor, 6-Core Processors, all-flash storage and up to 64GB of faster memory which places it as the most powerful Mac Mini ever made.

It's fitted with Thunderbolt 3 ports, the Apple T2 Security Chip and a 10Gb Ethernet option making it more faster and also secure for users. It's five times performance is made possible through its quad- and 6-core 8th-generation Intel Core processors with Turbo Boost Speeds up to 4.6GHz and Intel UHD graphics.




This enables the new Mac Mini take on traditional desktop tasks like music creation and software development, photo and video editing and professional tasks like video transcoding, code compiling and live musical performances with ease. With up to 64GB of 2666 MHz memory, It can load larger files into memory, run more virtual machines or manipulate even larger data sets.

It now features the speed and reliability of all-flash stora…

Apple introduces an all-new Macbook Air

Apple has outed a new MacBook Air packed with a stunning 13-inch Retina display, Touch ID and the latest processors in a portable design. It's one that delivers all-day battery life and features an Apple-designed keyboard, faster SSDs, a spacious Force Touch trackpad, wide stereo sound and the Apple T2 Security Chip and Thunderbolt 3.

The new Macbook Air is fitted with a stunning 13.3-inch Retina display with over 4 million pixels of resolution to cater for sharp image looks. Images are more lifelike with 48% more color than the previous version. It also includes a built-in FaceTime HD camera suitable for Group FaceTime calls and a a three microphone array that caters for enhanced sound quality and improved voice recognition for Siri.


The T2 Security Chip makes it much more secure with an SSD controller with on-the-fly data encryption for everything stored on it that enables the most secure boot process and storage of any Apple notebook.

An 8th generation Intel Core i5 processor,…

Apple outs the most powerful iPad ever

Apple today launched the new iPad Pro with an all-screen design that counts as its most powerful iPad ever. The new device marks the biggest change to the iPad ever with its all-screen design and high performance thanks to a custom chip along with other features such as Face ID, a new USB-C connector, Gigabit-class LTE and up to 1 Terabyte of storage.

It sports the A12X Bionic chip which outperforms most PC laptops and stands as the most powerful chip in a tablet that caters for even the most demanding computing tasks such as creation of 3D models and editing of high quality photos among others.


The  A12X Bionic is built on seven-nanometer technology and features four performance cores and four efficiency cores that cater for up to 35 percent faster performance. It's also fitted with a new performance controller that enables simultaneous use of all eight cores for an up to 90 percent boost during multi-threaded tasks.

Apple’s next-generation Neural Engine featured in this new iPa…

HeadSpin closes $20 million round at $500 million valuation

HeadSpin, a fast growing software firm that provides a mobile performance platform used by the likes of Tinder, Akamai and DocuSign has raised $20 million Series B funding from new investors ICONIQ, EQT Ventures, Battery Ventures, Quora founder Adam D'Angelo, Kearny Jackson, Ross Mason and Ryan Hoover who all joined existing investors GV, Telstra Ventures, DanHua Capital, Nexus Ventures Partners and others.

TechCrunch reports of this round valuing the company which emerged from stealth just last year at $500 million. HeadSpin was founded by Former Zynga CTO Manish Lachwani and ex Palantir engineer and Nextop founder Brien Colwell who hold the positions of CEO and CTO respectively.

Its platform spans more than 22,000 SIM-enabled devices at over 150 locations and enable customers to quickly debug, test and optimize for user experience and performance under real-world conditions around the globe. It's customers in total serve approximately 3 billion of the world's mobile user…

Coinbase raises $300 million at post-money valuation of $8 billion

Crypto exchange Coinbase has closed a $300 million Series E round led by Tiger Global with participation from Andreessen Horowitz, Polychain, Y Combinator Continuity, Wellington Management and others and is now valued at $8 billion post-money as per its statement.

Coinbase is gearing this financing towards global expansion, offering of more crypto assets, utility applications for crypto and courting of institutions into the digital currency scene.

"Coinbase is, and will remain, a crypto-first company. More than anything, we’re proud of the millions of people that have turned to Coinbase as their entry-point into crypto." An official blog post read.


"We take that responsibility very seriously. We strive to be the easy, trusted way for anyone to get started with cryptocurrencies. We see Coinbase’s growth as validation that the ecosystem will only continue to grow in size, influence and impact — ultimately ushering in a more open financial system for the world." It s…

The Mercedes-Benz baby carriage Avantgarde offers great child mobility

An all-new Mercedes-Benz baby carriage Avantgarde that offers ergonomic functionality, tested safety and innovative materials geared at enhanced child mobility has been introduced to the market. The new product sports a modern, sporty look and is developed by German manufacturer Hartan in collaboration with the Mercedes-Benz Design department.

The result of this collaboration is a baby carriage characterized by ergonomic advantages, a low net weight, AMG design-inspired 5-twin-spoke wheels, a parking brake, telescopic handlebar and a stowage compartment as well as adjustable suspension and air-chamber tyres which assist in the everyday efforts of moving children around.


The carriage is produced by Hartan known to be deeply involved in the manufacturing of baby carriages having begun that since the 1950s. Hartan stands as an expert specialist in this field and has succeeded in producing what bears the German Association for Technical Inspection (TÜV) seal of approval and meets high re…

A limited 10 units of the 2018 Audi R8 V10 plus Coupe Competition are arriving next month

Just 10 units of the most performance-oriented production R8 model ever made and preconfigured with all the available Audi Sport performance parts will be available for grabs in the U.S. starting from next month.

The new model dubbed the R8 V10 plus Coupe Competition package caters for reduced vehicle weight and increased downforce over previous models through the use of titanium backing plates for the carbon ceramic brake pads. It also features 20 inch fully milled wheels similar to that of the R8 GT4 that saves another 26.4 pounds of weight and signifies another examples of motorsport technology brought to the road.


It's full carbon fiber aero kit increases its downforce at 150 km/h (93.2 mph) which counts as double compared to that of an R8 V10 plus Coupe. This downforce is also increased at by 100 kg to 250 kg at top speed of 315 kilometres per hour.

All 10 units stand identical and are fitted with the listed contents:

Dynamic SteeringBang & Olufsen sound systemThree-way a…

The 2019 Honda Civic Si packs new colors, upgraded tech and an Enhanced interior

Starting from the 1st of November, The 2019 version of the Honda Civic Si will arrive at dealerships where customers would be able to take home a vehicle which sports a range of interior improvements from the previous model, new exterior colors, an updated Display Audio system with a new interface and improved Bluetooth integration.

The sport tuned variants comes with a powerful 205-horsepower, 1.5-liter, direct injected and turbocharged in-line 4-cylinder engine with VTEC valvetrain, a helical limited-slip differential, a slick-shifting 6-speed manual transmission and an adjustable two-mode adaptive damper system.


It comes available in 2-door coupe and 4-door sedan body styles packed with a host of changes to its interior. In addition to its updated Display Audio system, it includes more intuitive steering wheel controls, larger cupholders, an improved electronic parking brake switch, and physical buttons for fan speed.

Platinum White Pearl has also been added to the vehicle's c…

Blue Apron kits are now available on Jet.com

Blue Apron's meal kits beginning today is now available for millions of households across most of New York as well as Jersey and Hoboken on Walmart owned e-tailer Jet.com's online and mobile platforms thanks to a partnership between both companies.

Blue Apron counts as a priority partner in Jet’s newly-launched City Grocery offering and will offer a dedicated branded experience featuring changing selections of two-serving recipes designed to serve Jet's customers.


The first kits that will be offered on Jet.com are:

Seared Steaks & Peperonata with Fregola Sarda Pasta & Grana Padano Cheese (2 servings, 28 oz) $22.99 Dukkah-Spiced Beef & Couscous with Tahini-Dressed Broccoli (2 servings, 41 oz.) $20.99 Togarashi Popcorn Chicken with Sweet Chili Slaw & Jasmine Rice (2 servings, 32 oz.) $18.99 Italian Farro Bowl with Roasted Vegetables & Mozzarella (2 servings, 32 oz.) $16.99 This announcement comes soon after Jet’s new relaunch with a new design geared at o…

IBM set for $34 billion Red Hat acquisition

IBM has now officially announced a move to merge with Red Hat, the world's leading provider of open source cloud software in a deal worth $34 billion under which IBM will play $190 per share for all issued and outstanding common shares of Red Hat.

This counts as an over 50% premium from the current price of Red Hat stock (about $117) as of writing. Both companies are merging to provide "open approach to cloud, featuring unprecedented security and portability across multiple clouds" as per an official press release.


An acquisition of Red Hat will stand as very significant for this year marking the largest for 2018 and one of the biggest in the entire tech industry so far. IBM will maintain Red Hat’s open source innovation legacy while scaling its vast technology portfolio and empowering its widespread developer community as per its statement.

“The acquisition of Red Hat is a game-changer. It changes everything about the cloud market,” IBM Chairman, President and CEO Ginn…

BMW fits the X5 with M Performance Parts

BMW has fitted the X5 SUV with additional performance parts targeted for customers who wish to selectively fine-tune the vehicle's sporty personality and give this aspect for emphasis. The new SAV (Sports Activity Vehicle) scheduled for worldwide launch next year has been kit with a new range of its signature M performance parts which include all-terrain wheels, carbon fibre exterior components, the Drive Analyser data analysis and optimization feature and several other perks.

For customers who desire to make good use of its off-road capability, the the 20'' M light alloy wheel Star Spoke 748 M with all-terrain tyres is now available for the 4th generation of the X5 which also sports an eye-catching BMW M logo on a rim finished in sporty matt black. Optional 22 inch M Performance wheels about 1kg lighter than comparable wheels of the same size thanks to a special manufacturing technique are also available.





A vast selection of M Performance components with roots in motor r…

Most Read Posts

Cloudflare Pops On IPO Debut

Cloudflare, roughly a month after filing for an IPO, debuted on the public markets yesterday, raising $525 million from the sale of more than 35 million shares. Cloudflare priced its IPO at $15 a share, up from a previous range of between $10 to $12 per share. The company's stock jumped 20% on its debut to $18 per share, giving the company a market cap of roughly $5.3 billion. This is up from its last private valuation of $3.2 billion.

Cloudflare's IPO happened at the same time frame another highly-valued private company, SmileDirectClub, debuted on the public markets. SmileDirectClub filed to go public the same week as Cloudflare and also went public the same week the company did. But unlike Cloudflare, SmileDirectClub didn't pop on its public debut, instead falling 28% below its IPO price. Still, the brace-making company notched a valuation of $6.4 billion [as of Thursday], double its last private valuation of $3.2 billion (notice it's the same as that of Cloudflare…

Juul Sales Ceased In China Days After Launch

Just days after entering the Chinese market, Juul has halted sales in the country, with its products pulled from JD.com and Alibaba's Tmall, two of the biggest Chinese e-commerce marketplaces. No official reason for the halt was provided, but a statement from a Juul spokesperson hinted of regulatory issues. “While Juul products are not currently available on e-commerce Web sites in China, we look forward to continued dialogue with stakeholders so that we can make our products available again,” a spokeswoman for Juul said in a statement.

Juul's products became available in China beginning on the 9th of September, but suddenly disappeared from Chinese e-commerce sites on Tuesday. The company's move into China happens to be at a time it's facing regulatory scrutiny in the U.S., with the Trump Administration having made plans to ban the sale of most flavored e-cigarettes. The renewed scrutiny from the U.S. government came amid recorded cases of deaths from vaping-related …

Fair Raises $500 Million In Debt Financing

Fair, a Santa Monica-based car leasing startup, has announced $500 million in debt financing led by Mizuho Bank, with participation from Softbank and other unnamed credit providers. This follows a $100 million debt facility closed over the summer, and a $50 million increase to its credit line with Silicon Valley Bank in July. Fair also has credit lines from Credit Suisse and Goldman Sachs, and previously raised $385 million in Series B funding led by Softbank.

Fair will use the new capital to expand its Uber partnership, which involves leasing cars on flexible terms to Uber drivers. Fair's appeal is its more-flexible-than-normal car leasing model that allows its customers lease a car for as long as they want and be able to cancel any time, in contrast with the long-term commitments of conventional car-leasing services. Thanks to its partnership with Uber, drivers looking to earn money through ride-sharing can easily lease a car and then drive for Uber, being able to cancel the le…

Affirm Reportedly Raising $1.5 Billion In New Funding

Not long after raising $300 million at a reported $2.9 billion valuation, TechCrunch reports that Affirm, an online lending startup led by PayPal co-founder Max Levchin, is raising as much as $1.5 billion in debt and equity funding. The report says Thrive Capital, the VC firm that led its $300 million funding, is leading the new financing, with participation from Spark Capital. According to TechCrunch, a significant part of the funding would lie on the debt side, with a line of credit from a large financial institution in the works.

Fintech companies, especially those focused on lending, often raise huge credit facilities or equity funding to sustain operations. For example, Kabbage, an online lender for small businesses, secured a $200 million credit facility sometime in June. Klarna, a Swedish startup that's in the same market as Affirm, recently raised $460 million in funding. Affirm is an online lender but doesn't actually lend money directly. It partners with several mer…

Softbank Reportedly Planning To Invest $750 Million In WeWork IPO

According to a report from the Wall Street Journal, Softbank, a major investor in WeWork, plans to buy at least $750 million worth of shares in WeWork's impending IPO, even amid reports of the company seeking a valuation as low as $10 billion for a public debut [a $10 billion figure would be lower than the $12.8 billion in equity and debt funding WeWork has raised since inception]. Softbank was previously reported to have pushed WeWork to postpone its IPO amid doubts and concerns over its cash burn rate and potential path to profitability. However, WeWork was reported to be going ahead with a public offering, even if it meant a value that's way lower than the $47 billion post-money valuation it got from a Softbank investment in January.

WeWork's push to go ahead with an IPO isn't surprising, given a $6 billion credit facility it has lined up that's contingent on it raising at least $3 billion from an IPO. However, there's no certainty there'll be enough in…

GitLab Raising Funding At A $2.6 Billion Valuation

GitLab has authorized the issuance of $268 million worth of shares that'll value it at $2.55 billion, according to a filing reviewed by the Prime Unicorn Index. Basically, it means the company, which was valued at more than $1 billion last year, plans to raise up to $268 million in funding at a $2.55 billion valuation. However, there's no guarantee the full amount will be raised, as it's dependent on investor interest and demand. GitLab was valued at $1.1 billion after it raised $100 million in Series D funding last September. ICONIQ Capital, an investment firm known to manage money for several Silicon Valley bigwigs, led that round.

If GitLab successfully raises at its targeted $2.55 billion valuation, it would mean a more than double in valuation in a single year, a very impressive feat for a startup. This is just a speculation, but GitLab may have seen a strong increase in user numbers after the acquisition of GitHub, another web-based Git repository, by Microsoft last…

This Is The Apple Watch Series 5

Earlier this week, Apple held a keynote event where it debuted the iPhone 11, alongside its Pro and Pro Max variants. On that day, Apple also announced the launch dates and pricing models for the Apple TV+ video subscription and Apple Arcade game subscription service. Apple TV+ will launch on the 1st of November, costing $5 per month. Apple Arcade on the other hand will launch in 4 days time (19 September), also costing $5 per month.

Alongside the iPhone 11, Apple debuted a new seventh-generation iPad, and the Apple Watch Series 5, the fifth iteration of the popular Apple Watch lineup. The Apple Watch Series 5 comes with never-seen before features in an Apple smartwatch, including an "Always-On Retina" display, which allows users to look at the time, or whatever is on the home screen without having to raise or tap the display; new location features, ranging from a built-in compass that'll tell the user what direction they're facing to a feature that measures the wea…

Square Said To Be Testing Free Stock Trading Service

According to a report from Bloomberg, Square is testing a new feature that'll let users of its Cash App to make free stock trades, a move that looks like a jab at Robinhood, a well known free stock trading service that was recently valued at $7.6 billion. Bloomberg reports Square employees began testing the new feature in recent weeks.

Square's Cash App already lets users do a lot of things, including sending money to friends, using an accompanying debit card, or buying and selling Bitcoin. Square doesn't consistently provides updates on how many people use the Cash App, but as at last year December, the company said the Cash App had more than 15 million monthly active users. Robinhood, which is mostly known for its free stock trading app although it's expanded into other areas like options trading and margins trading, had more than 6 million users as at 2018 end.

According to Bloomberg, Square's initial product will offer no-fee stock trading but wouldn't com…

France And Germany Could Block Facebook's Libra

Not long after Yves Mersch, a member of the Executive Board of the European Central Bank, took a jab at Facebook's proposed digital currency, Libra, France and Germany, two eurozone countries, have opposed the digital currency, saying it posed risks to the financial sector that could block its authorization in Europe. Both countries have supported the development of an alternative public cryptocurrency, which the European Central Bank recently announced it was working on.

The criticism from both countries sound similar to that of Mersch, who earlier opposed Facebook's Libra, stating it posed a risk to the monetary control and oversight by EU member states. Mersch described the control of Libra, which will be overseen by a team of founding members who have put up at least $10 million each to get equal voting rights, as "cartel-like". In a joint statement, France and Germany's finance ministers, Bruno Le Maire and Olaf Scholz, said digital currencies pose risks to…

Facebook Said To Be Working With Luxottica To Make AR Glasses

According to a report from CNBC, Facebook has partnered with Luxottica to develop augmented-reality glasses that are designed to replace smartphones. For those not familiar, Luxottica is the world's largest eyewear company, that's behind several eyewear brands including the famous "Ray-Ban" collection. According to CNBC, Facebook has been working to develop AR glasses out of its Facebook Reality Labs in Redmond, Washington, but faced struggles that have led it to seek help from a company like Luxottica. CNBC reports Facebook hopes a partnership with Luxottica will get its AR glasses completed and ready for consumers between 2023 and 2025.

According to CNBC, the glasses are internally codenamed "Orion", and would allow users to take calls, see information in a small display and live-stream their camera feed to social media friends and connections. CNBC previously reported of Facebook developing an AI voice assistant that'll serve as user input for the g…