April 17, 2024
Tech News
Danish startup Flatpay has raised €45 million in Series B funding to expand its payment solutions for small merchants across Europe. The company, valued at over $100 million, offers flat-fee payment solutions and emphasizes direct sales through in-person visits. Despite the competitive market, Flatpay’s unique approach has attracted significant investment.
Samsung has received a $6.4 billion grant from the US Department of Commerce to boost chip production in Texas. The funding will support the development of two chip production facilities, a research center, and a packaging facility in Taylor, Texas, and the expansion of Samsung’s Austin facility. This investment aims to enhance chip output for critical industries and national security.
WhatsApp has introduced Chat Filters, a new feature that allows users to easily sort through their messages. The feature includes filters for viewing all messages, unread messages, and group chats, aiming to help users stay organized and navigate their conversations more efficiently.
A new NES emulator named Bimmy briefly appeared on the Apple App Store before being taken down by its developer. The emulator promised no ads or tracking and was aimed at supporting homebrew games and player-provided ROMs. The removal highlights the challenges faced by emulator developers in light of legal pressures.
Tech Explained
Semiconductor – A semiconductor is a material that has electrical conductivity between a conductor and an insulator. It is a crucial component in the production of electronic devices such as chips and transistors.
Flat-fee – A flat-fee is a pricing structure where a single fixed fee is charged for a service, regardless of usage or quantity. Flatpay offers flat-fee payment solutions to small merchants for simplicity and transparency.
Emulator – An emulator is a software or hardware that enables one computer system to behave like another. Bimmy, an NES emulator, allows users to play old Nintendo games on modern devices by mimicking the original console’s functionality.
