May 14, 2024
Tech News
Google’s Pixel 9 series, including the Pixel 9, 9 Pro, and 9 Pro XL, was leaked in hands-on photos five months before the expected release date. The leaks showcase a smaller-sized Pro model alongside the regular and larger XL versions, with notable changes to the camera design. The standard Pixel 9 will feature a two-camera system, while the Pro models will include a third lens for telephoto/zoom capabilities. Speculation arises on whether Google will adjust its release schedule due to the early leak.
Maad, a Senegal-based B2B e-commerce startup, secured $3.2 million in seed funding to expand its operations in West Africa and explore new markets in the Francophone region. The funding aims to support Maad’s platform, which enables informal retailers to source goods directly from suppliers, addressing challenges like stockouts and high inventory costs. Despite the sector’s challenges, Maad plans to expand its services and introduce a buy now, pay later option for shop owners.
Accel, a venture capital firm, announced a new $650 million fund to invest in early-stage startups across the UK, Europe, and Israel. The fund aims to support startups from seed to Series A stages, focusing on sectors like cybersecurity, smart commerce, and AI. Accel’s investment reflects confidence in the European tech scene’s growth and its potential to produce globally successful companies.
Bumble, a dating app, issued an apology for billboard ads that were criticized for dismissing celibacy as a valid choice, stating “You know full well a vow of celibacy is not the answer.” The company acknowledged the ads as a misstep and announced plans to donate to the National Domestic Violence Hotline and offer the billboard space to organizations supporting women and marginalized communities. The controversy comes amid Bumble’s efforts to revamp its app and attract younger users.
Tech Explained
Telephoto Lens – A telephoto lens is a type of camera lens that has a long focal length, allowing for magnified images of distant subjects. These lenses are commonly used in photography to capture detailed shots of subjects that are far away.
Venture Capital – Venture capital is a form of private equity financing that investors provide to startup companies and small businesses that are deemed to have long-term growth potential. These investments are typically high risk but can yield high returns if the startup is successful.
B2B E-commerce – Business-to-business (B2B) e-commerce refers to the online buying and selling of goods and services between businesses. This type of e-commerce involves transactions between manufacturers, wholesalers, and retailers, streamlining the procurement process and improving efficiency.
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