Category: Technology

Damani and family saw their wealth upsurge by close to $96 million as Avenue Supermarts’ shares peaked at Rs 2,559 apiece on February 13

Avenue Supermarts founder and DMart promoter Radhakishan Damani is now India’s second richest billionaire with a wealth of $17.9 billion, the Forbes Real Times Billionaires Index showed.Damani is now second only to Reliance Industries Chairman Mukesh Ambani, who is also the richest person in Asia.Damani and family, which includes Radhakishan Damani, Gopikishan S Damani, Shrikantadevi … Continue reading Damani and family saw their wealth upsurge by close to $96 million as Avenue Supermarts’ shares peaked at Rs 2,559 apiece on February 13 →

Raising funding in Africa is tough, but those that succeed have a big responsibility

It is a long, hard road to raising funding as a tech entrepreneur in Africa, requiring lots of perseverance, but those that do succeed in doing so have a responsibility not only to their investors but also the next generation of founders.That is according to startup founders taking part in a panel entitled “How to … Continue reading Raising funding in Africa is tough, but those that succeed have a big responsibility →

SA social media content startup Over gets acquired by GoDaddy

South Africa-based startup Over, which developed an app that allows businesses to easily create content for social media, has been acquired by American publicly-traded internet domain registrar and web hosting company GoDaddy for an undisclosed amount.Launched in Cape Town in 2012, Over began life as a simple “text over photos” app for sharing goals and … Continue reading SA social media content startup Over gets acquired by GoDaddy →

Why Melinda Gates is investing $50 million to make the next Silicon Valley—starting in Chicago

Melinda Gates's Pivotal Ventures made one of its first investments in a startup with Sallie Krawcheck's Ellevest.BRYAN BEDDER GETTY IMAGES FOR THR Fortune reports that Melinda Gates is investing $50 million in creating more tech opportunities for women—outside of the industry’s usual power centers. The philanthropist in October pledged $1 billion towards expanding women’s power … Continue reading Why Melinda Gates is investing $50 million to make the next Silicon Valley—starting in Chicago →

Facebook’s dark mode has landed on more Android phones – check yours now

The option to dim the lights is on its way We've known for some time that Facebook is working on bringing a dark mode its mobile app, and there have already been tests that meant some people gained early access to the option. Now dark mode is rolling out to a large pool of users.If … Continue reading Facebook’s dark mode has landed on more Android phones – check yours now →