Accion, a global nonprofit, announced on Tuesday the launch of the Accion Digital Transformation Fund, a $ 152.5 million fund for large financial institutions, including microfinance serving small businesses currently excluded from the world’s financial system. The firm said in a statement that it will provide growth capital and strategic support to these companies for […]
Apple changes App Store rules to allow retro game emulators globally
Apple updated its App Store rules Friday to allow emulators for retro console games globally with an option for downloading titles. However, the company warned that the developers are responsible for making sure that they follow copyright rules. Android users can already access a ton of emulators to play old classics on their devices. Apple’s update […]
Microsoft to unbundle Office and Teams globally following years-long criticism
Microsoft will introduce a new version of Microsoft 365 and Office 365 subscription service that excludes Teams, unbundling a suite following scrutiny from the European Union regulator and complaints from rival Slack. The move follows Microsoft agreeing to sell Office 365 suite sans Microsoft Teams offering in the EU and Switzerland last year. The company […]
AI pushes quarterly cloud infrastructure revenue to $74B globally
For the last several quarters we’ve seen a lull in the expansion of the cloud infrastructure market, with lower growth numbers than we’ve been accustomed to seeing in the past. That changed this quarter thanks in large part to interest in generative AI. The new revenue wave began just last year driven the by the […]
Snapchat’s end-of-year ‘Recap’ will roll out globally starting on December 13
Snapchat has announced that its annual Snapchat Recap will start rolling out globally tomorrow on December 13. Each recap will offers users a look-back on the year by organizing their Snaps into categories, such as “Beach, Please,” which will showcase content captured of the ocean or lakes, or “Felt Cute, Will Delete Later,” which will […]