Walmart readies another $2.5 billion investment in India’s e-commerce and payments

Walmart readies another $2.5 billion investment in India’s e-commerce and payments

Walmart readies another $2.5 billion investment in India’s e-commerce and payments Walmart is making another big bet on India’s booming digital economy The world’s largest retailer is injecting another $2.5 billion into its India business, as the company looks to accelerate its growth in the country’s burgeoning e-commerce and payments market. Walmart’s investment will come

Supernormal raises $10M to automatically transcribe and summarize meetings

Supernormal raises $10M to automatically transcribe and summarize meetings

Supernormal raises $10M to automatically transcribe and summarize meetings Supernormal, a startup that provides an AI-powered tool to automatically transcribe and summarize meetings, has raised $10 million in a seed round of funding. The round was led by Accel, with participation from GV (formerly Google Ventures) and FirstMark Capital. Supernormal co-founder and CEO Jigar Mehta

Google spares three Area 120 R&D projects, including team working on a ‘Gen Z consumer product’

Google spares three Area 120 R&D projects, including team working on a ‘Gen Z consumer product’

Google spares three Area 120 R&D projects The search giant announces that three of its Area 120 experimental products will live on. Google has announced that three of its Area 120 experimental products will live on, despite the company shuttering the majority of its in-house incubator earlier this year. Area 120 was launched in 2016

Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours

Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours

Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours The outage affected Office 365, SharePoint, Dynamics 365, Azure Active Directory and more Microsoft today acknowledged that a major cloud outage that took down multiple Microsoft 365 services for more than four hours yesterday was caused by a “network

Dell has acquired cloud orchestration startup Cloudify, sources tell us for around $100M

Dell has acquired cloud orchestration startup Cloudify, sources tell us for around $100M

Sources tell us that Dell has acquired Cloudify, a cloud orchestration startup, for around $100M. This is a big win for Cloudify, which has raised $21.5M over the last four years. Cloudify enables developers to automate the deployment and management of cloud-based applications. It is used by some of the largest enterprises in the world,