Jasra Inc: Digital Transformation & Strategy | Manoj Jasra http://jasrainc.com Sat, 30 May 2020 21:24:00 +0000 en-US hourly 1 https://wordpress.org/?v=3.8.33 SpaceX’s astronaut launch marks the dawn of the commercial human spaceflight industry http://jasrainc.com/spacexs-astronaut-launch-marks-the-dawn-of-the-commercial-human-spaceflight-industry/ http://jasrainc.com/spacexs-astronaut-launch-marks-the-dawn-of-the-commercial-human-spaceflight-industry/#comments Sat, 30 May 2020 21:24:00 +0000 http://jasrainc.com/spacexs-astronaut-launch-marks-the-dawn-of-the-commercial-human-spaceflight-industry/ By Darrell Etherington SpaceX on Saturday launched two NASA astronauts aboard its Crew Dragon spacecraft, and the accomplishment is a tremendous one for both the company and the U.S. space agency. At a fundamental level, it means that the U.S. will have continued access to the International Space Station, without having to rely on continuing […]

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By Darrell Etherington

SpaceX on Saturday launched two NASA astronauts aboard its Crew Dragon spacecraft, and the accomplishment is a tremendous one for both the company and the U.S. space agency. At a fundamental level, it means that the U.S. will have continued access to the International Space Station, without having to rely on continuing to buy tickets aboard a Russian Soyuz spacecraft to do so. But it also means the beginning of a new era for the commercial space industry – one in which private companies and individual buying tickets for passenger trips to space is a consistent and active reality.

With this mission, SpaceX will complete the final step required by NASA to human-rate its Falcon 9 and Crew Dragon spacecraft, which means that it can begin operationally transporting people from Earth essentially as soon as this mission concludes (Crew Dragon still has to rendezvous with the space station tomorrow, and make its way back to Earth with astronauts on board in a few weeks). Already, SpaceX has signed an agreement with Space Adventures, a private space tourism booking company that has previously worked with Roscosmos on sending private astronauts to …read more

Source: Tech Crunch

    

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Amid unprecedented growth on its platform, Acorns cuts roles and shuts down an office http://jasrainc.com/amid-unprecedented-growth-on-its-platform-acorns-cuts-roles-and-shuts-down-an-office/ http://jasrainc.com/amid-unprecedented-growth-on-its-platform-acorns-cuts-roles-and-shuts-down-an-office/#comments Sat, 30 May 2020 00:51:00 +0000 http://jasrainc.com/amid-unprecedented-growth-on-its-platform-acorns-cuts-roles-and-shuts-down-an-office/ By Natasha Mascarenhas Acorns, which helps millions of people invest their spare change in the stock market, has laid off between 50 to 70 people, TechCrunch has learned from multiple sources. The Irvine, Calif.-based company would not confirm the total number of people laid off, but did confirm that there were cuts at the company […]

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By Natasha Mascarenhas

Acorns, which helps millions of people invest their spare change in the stock market, has laid off between 50 to 70 people, TechCrunch has learned from multiple sources.

The Irvine, Calif.-based company would not confirm the total number of people laid off, but did confirm that there were cuts at the company as a result of broader business changes.

The news emerged days after the fintech company closed its Portland office earlier this week, one of four offices the company maintained. While Acorns offered Portland employees an opportunity to relocate to its Irvine headquarters, some roles were terminated as part of the relocation, the company said.

Employees laid off largely were members of Acorns’ support team. And the internal cuts are related to an external partnership with TaskUs, which out-sources customer care and support needs for other businesses. Acorns will bring on roughly 80 new TaskUs support roles in the next year, which the company said would grow its support team, just not its internal staff.

The internal Acorns support team will handle high-touch customer care situations via phone, while external roles will handle email support.

Beyond support roles, Acorns cut some people from various teams across …read more

Source: Tech Crunch

    

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Magic Leap CEO Rony Abovitz is out http://jasrainc.com/magic-leap-ceo-rony-abovitz-is-out/ http://jasrainc.com/magic-leap-ceo-rony-abovitz-is-out/#comments Fri, 29 May 2020 01:34:00 +0000 http://jasrainc.com/magic-leap-ceo-rony-abovitz-is-out/ By Lucas Matney Magic Leap talked a big game, and few were more responsible for fostering a cult of hype and excitement around its vision of the future than the company’s founder and CEO Rony Abovitz. Today, the CEO announced that the company has indeed secured a new bout of funding, but that the company […]

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By Lucas Matney

Magic Leap talked a big game, and few were more responsible for fostering a cult of hype and excitement around its vision of the future than the company’s founder and CEO Rony Abovitz. Today, the CEO announced that the company has indeed secured a new bout of funding, but that the company will be attempting to mount a major turnaround without him at the helm.

According to a memo sent to staff, first obtained by Business Insider, Abovitz will continue on with the company through a transition period but that the company has been “actively recruiting candidates” to replace him.

“We have closed significant new funding and have very positive momentum towards closing key strategic enterprise partnerships,” the staff memo reads. “As the Board and I planned the changes we made and what Magic Leap needs for this next focused phase, it became clear to us that a change in my role was a natural next step. I discussed this with the Board and we have agreed that now is the time to bring in a new CEO who can help us to commercialize our focused plan for spatial computing in enterprise.”

The announcement comes after the augmented reality startup announced substantial …read more

Source: Tech Crunch

    

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Meniga, the digital banking tech provider, raises €8.5M led by French bank Groupe BPCE http://jasrainc.com/meniga-the-digital-banking-tech-provider-raises-e8-5m-led-by-french-bank-groupe-bpce/ http://jasrainc.com/meniga-the-digital-banking-tech-provider-raises-e8-5m-led-by-french-bank-groupe-bpce/#comments Thu, 28 May 2020 07:45:00 +0000 http://jasrainc.com/meniga-the-digital-banking-tech-provider-raises-e8-5m-led-by-french-bank-groupe-bpce/ By Steve O’Hear Meniga, the London-headquartered fintech that provides digital banking technology to some of the world’s largest banks, has closed a €8.5 million in additional funding. Described primarily as a “strategic investment,” the round is led by Groupe BPCE, the second-largest banking group in France, alongside Portugal’s Grupo Crédito Agrícola and long-standing strategic partner […]

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By Steve O’Hear

Meniga, the London-headquartered fintech that provides digital banking technology to some of the world’s largest banks, has closed a €8.5 million in additional funding.

Described primarily as a “strategic investment,” the round is led by Groupe BPCE, the second-largest banking group in France, alongside Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. All three are customers of Meniga.

The funding will be used for continued investment in Meniga’s R&D activities, as well as to strengthen the fintech’s sales and service teams to meet what it says is growing demand. Other participants in the round include current institutional investors Velocity Capital, Industrifonden, and Frumtak Ventures.

“We are very pleased to welcome Groupe BPCE and Crédito Agrícola to our growing group of strategic investors,” says Georg Ludviksson, CEO and co-founder of Meniga, in a statement. “Partnering closely with our customers is a key part of our strategy to be the preferred digital innovation partner to our clients. An equity relationship is an excellent way to strengthen such partnerships”.

Meniga’s digital banking platform helps banks and fintechs use personal finance data to innovate in their online and mobile offerings. Its various products include a software layer that bridges the gap between a bank’s legacy …read more

Source: Tech Crunch

    

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Google removes millions of negative TikTok reviews amid backlash in India http://jasrainc.com/google-removes-millions-of-negative-tiktok-reviews-amid-backlash-in-india/ http://jasrainc.com/google-removes-millions-of-negative-tiktok-reviews-amid-backlash-in-india/#comments Wed, 27 May 2020 07:42:00 +0000 http://jasrainc.com/google-removes-millions-of-negative-tiktok-reviews-amid-backlash-in-india/ By Manish Singh ByteDance’s TikTok app, which has gained hundreds of millions of users in India with its short-form videos, is facing criticism in its biggest overseas market after disturbing videos surfaced on the platform. Phrases such as BanTikTok, DeleteTikTok, and BlockTikTok have trended on Twitter in India in the past three weeks after numerous […]

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By Manish Singh

ByteDance’s TikTok app, which has gained hundreds of millions of users in India with its short-form videos, is facing criticism in its biggest overseas market after disturbing videos surfaced on the platform.

Phrases such as BanTikTok, DeleteTikTok, and BlockTikTok have trended on Twitter in India in the past three weeks after numerous users expressed disgust over some videos that were circulating on Chinese giant ByteDance’s jewel app.

Users unearthed and shared numerous recent TikTok videos on Twitter that appeared to condone domestic violence, animal cruelty, racism, child abuse and objectification of women.

The backlash has resulted in millions of Indians giving the app a one-star rating on its Google Play Store listing and posting poor reviews that are critical of the app. The app’s overall rating tanked from 4.5 as of earlier this month to as low as 1.2 — until Google intervened.

A Google spokesperson said the company removed millions of negative TikTok reviews that users had posted as a corrective action to curb spam abuse. After this correction, TikTok’s rating has recovered slightly to 1.6. At one time, the overall “sentiment” of …read more

Source: Tech Crunch

    

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China’s food delivery giant Meituan hits $100B valuation amid pandemic http://jasrainc.com/chinas-food-delivery-giant-meituan-hits-100b-valuation-amid-pandemic/ http://jasrainc.com/chinas-food-delivery-giant-meituan-hits-100b-valuation-amid-pandemic/#comments Tue, 26 May 2020 04:04:00 +0000 http://jasrainc.com/chinas-food-delivery-giant-meituan-hits-100b-valuation-amid-pandemic/ By Rita Liao Meituan’s shares hit a record high on Tuesday, bringing its valuation to over $100 billion. The Hong Kong-listed giant, which focuses on food delivery with smaller segments in travel and transportation, is the third Chinese firm to reach the landmark valuation. Tencent and Alibaba respectively topped the number back in 2013 and […]

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By Rita Liao

Meituan’s shares hit a record high on Tuesday, bringing its valuation to over $100 billion.

The Hong Kong-listed giant, which focuses on food delivery with smaller segments in travel and transportation, is the third Chinese firm to reach the landmark valuation. Tencent and Alibaba respectively topped the number back in 2013 and 2014.

Tencent-backed Meituan saw shares rally to HK$138 ($17.8) on Tuesday after it earmarked a smaller-than-projected decrease in revenue during Q1 and a net loss of 1.58 billion yuan ($220 million) after three consecutive profitable quarters.

While nationwide lockdowns might have increased the need for food delivery, Chinese consumers have been tightening their belt amid a worsening economy triggered by COVID-19. Overall food delivery transactions slid as a result. Meituan also had to pay incentives to delivery riders who work during the pandemic and subsidies to merchants to keep their heads above the water.

There’s one silver lining: While Meituan’s daily average number of transactions dropped by 18.2% to 15.1 million, the average value per order jumped by 14.4% as delivered meals, which were conventionally seen as a habit for office workers, became normalized among families that stayed at home. In the first quarter, a large number of premium …read more

Source: Tech Crunch

    

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Work collaboration unicorn Notion is blocked in China http://jasrainc.com/work-collaboration-unicorn-notion-is-blocked-in-china/ http://jasrainc.com/work-collaboration-unicorn-notion-is-blocked-in-china/#comments Mon, 25 May 2020 04:53:00 +0000 http://jasrainc.com/work-collaboration-unicorn-notion-is-blocked-in-china/ By Rita Liao Notion, the fast-growing work collaboration tool that recently hit a $2 billion valuation, said on Twitter Monday that its service is blocked in China. The productivity app has attracted waves of startups and tech workers around the world — including those in China — to adopt its all-in-one platform that blends notes, […]

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By Rita Liao

Notion, the fast-growing work collaboration tool that recently hit a $2 billion valuation, said on Twitter Monday that its service is blocked in China.

The productivity app has attracted waves of startups and tech workers around the world — including those in China — to adopt its all-in-one platform that blends notes, wikis, to-dos, and team collaboration. The four-year-old San Francisco-based app is widely seen as a serious rival to Evernote, which started out in 2004.

Notion said it is “monitoring the situation and will continue to post updates,” but the timing of the ban noticeably coincides with China’s annual parliament meeting, which began last week after a two-month delay due to the COVID-19 pandemic. Internet regulation and censorship normally toughen around key political meetings in the country.

Notion could not be immediately reached for comment.

For Notion and other apps that have entered the public eye in China but remained beyond the arm of local laws, a looming crackdown is almost certain. The country’s cybersecurity watchdog could find Notion’s free flow of note-sharing problematic. Some users have even conveniently turned the tool’s friendly desktop version into …read more

Source: Tech Crunch

    

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Hackers release a new jailbreak that unlocks every iPhone http://jasrainc.com/hackers-release-a-new-jailbreak-that-unlocks-every-iphone/ http://jasrainc.com/hackers-release-a-new-jailbreak-that-unlocks-every-iphone/#comments Sun, 24 May 2020 03:42:00 +0000 http://jasrainc.com/hackers-release-a-new-jailbreak-that-unlocks-every-iphone/ By Zack Whittaker A renowned iPhone hacking team has released a new “jailbreak” tool that unlocks every iPhone, even the most recent models running the latest iOS 13.5. For as long as Apple has kept up its “walled garden” approach to iPhones by only allowing apps and customizations that it approves, hackers have tried to […]

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By Zack Whittaker

A renowned iPhone hacking team has released a new “jailbreak” tool that unlocks every iPhone, even the most recent models running the latest iOS 13.5.

For as long as Apple has kept up its “walled garden” approach to iPhones by only allowing apps and customizations that it approves, hackers have tried to break free from what they call the “jail,” hence the name “jailbreak.” Hackers do this by finding a previously undisclosed vulnerability in iOS that break through some of the many restrictions that Apple puts in place to prevent access to the underlying software. Apple says it does this for security. But jailbreakers say breaking through those restrictions allows them to customize their iPhones more than they would otherwise, in a way that most Android users are already accustomed to.

The jailbreak, released by the unc0ver team, supports all iPhones that run iOS 11 and above, including up to iOS 13.5, which Apple released this week.

Details of the vulnerability that the hackers used to build the jailbreak aren’t known, but it’s not expected to last forever. Just as jailbreakers work to find a way in, Apple works fast to patch the flaws and …read more

Source: Tech Crunch

    

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‘Fallout Shelter’ joins Tesla arcade in latest software update http://jasrainc.com/fallout-shelter-joins-tesla-arcade-in-latest-software-update/ http://jasrainc.com/fallout-shelter-joins-tesla-arcade-in-latest-software-update/#comments Sat, 23 May 2020 01:18:00 +0000 http://jasrainc.com/fallout-shelter-joins-tesla-arcade-in-latest-software-update/ By Kirsten Korosec Nearly a year ago, Todd Howard, the director of Bethesda Games, said that the company’s “Fallout Shelter” game would be coming to Tesla displays. It arrived, via the 2020.20 software update, this week, which was first noted at driver’s platform Teslascope. Fallout Shelter is the latest — and one of the more […]

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By Kirsten Korosec

Nearly a year ago, Todd Howard, the director of Bethesda Games, said that the company’s “Fallout Shelter” game would be coming to Tesla displays. It arrived, via the 2020.20 software update, this week, which was first noted at driver’s platform Teslascope.

Fallout Shelter is the latest — and one of the more modern games — to join Tesla’s Arcade, an in-car feature that lets drivers play video games while the vehicle is parked. It joins 2048, Atari’s Super Breakout, Cuphead, Stardew Valley, Missile Command, Asteroids, Lunar Lander and Centipede. The arcade also includes a newly improved (meaning more difficult) backgammon game as well as chess.

The 2020.20 software update that adds the game, along with a few other improvements, hasn’t reached all Tesla vehicles yet, including the Model 3 in this reporter’s driveway (that vehicle has the prior 2020.16.2.1 update, which includes improvements to backgammon and a redesigned Tesla Toybox).

However, YouTube channel host JuliansRandomProject was one of the lucky few who did receive it and released a video that provides a look at Fallout and how it works in the vehicle. Roadshow also discovered and shared the JuliansRandomProject video, which is embedded …read more

Source: Tech Crunch

    

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M17 sells its online dating assets to focus on live streaming http://jasrainc.com/m17-sells-its-online-dating-assets-to-focus-on-live-streaming/ http://jasrainc.com/m17-sells-its-online-dating-assets-to-focus-on-live-streaming/#comments Fri, 22 May 2020 07:52:00 +0000 http://jasrainc.com/m17-sells-its-online-dating-assets-to-focus-on-live-streaming/ By Catherine Shu M17 Entertainment announced today that it has sold its online dating assets to focus on its core live streaming business in Asia and other markets. Paktor Pte, which operates Paktor dating app and other services, was acquired by Kollective Ventures, a venture capital advisory firm. The value of the deal was undisclosed. […]

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By Catherine Shu

M17 Entertainment announced today that it has sold its online dating assets to focus on its core live streaming business in Asia and other markets. Paktor Pte, which operates Paktor dating app and other services, was acquired by Kollective Ventures, a venture capital advisory firm. The value of the deal was undisclosed.

In its announcement, Taipei-based M17 said the sale will allow it to focus on expanding its live streaming business in markets including Taiwan, Japan and Hong Kong.

Earlier this month, the company said it had raised a $26.5 million Series D that will be used for growth in Japan, where M17 claims a 60% share of the live streaming market, and expansion into new places like the United States and the Middle East. Its live streaming apps include 17LIVE (an English-language version is called Livit), Meme Live and live-streaming e-commerce platforms HandsUP and FBBuy.

In a statement, M17 CFO Shang Koo said, “As our Japan live streaming business has skyrocketed, we found we were unable to devote the same level of internal resources to our dating business in Southeast Asia. Becoming independent will allow Paktor to control its own destiny as M17 focuses heavily …read more

Source: Tech Crunch

    

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