Reliance Jio continues to add billions of dollars to its bank account, Apple achieves a fiscal victory in Europe and researchers test a system for underwater Wi-Fi (with lasers!). Here is your Daily Crunch for July 15th 2020.
Google invests $ 4.5 billion in India's Reliance Jio platformsAnother giant tech company invested in India's largest telecom after Facebook invested a couple of months ago. Reliance Jio has raised approximately $ 20.2 billion in the past four months - more than the entire Indian startup ecosystem that grew last year. Google and Reliance Jio will also work together to develop low-cost Android smartphones.
"Putting technology in the hands of multiple people is an important part of Google's mission," said Sundar Pichai, Google's CEO. "Together we are excited to rethink, from scratch, how millions of users in India can become smartphone owners."
The giants of technologyApple and Ireland win appeal against $ 15 billion European Commission tax ruling - Four years ago, the European Commission claimed that Ireland had not collected around $ 15 billion in taxes from Apple, but the Court of Justice European Union quashed this decision.
Zoom introduces the all-in-one home communication appliance for $ 599 - The new Zoom for home - DTEN ME includes a large tablet with three wide angle cameras and eight microphones.
Snap debuts a 13-week remote program to help developers create deeper Snap Kit integrations: Yellow Collabs is an expansion of Snap's Yellow division, which previously consisted of just a boot accelerator.
Startups, financing and venture capitalFraud detection startup Ravelin secures $ 20 million in C series - The startup's goal is to use machine learning to improve the fraud detection process, giving merchants greater confidence in accepting customers and transactions.
Lemonade launches pet insurance - This is Lemonade's first new vertical since it launched tenant and homeowner insurance in 2016.
Substack launches Defender, a program that offers legal support to independent writers - The newsletter platform said it will determine who to support on a case-by-case basis, covering up to $ 1 million in legal fees (or even more in "exceptional cases").
Extra Crunch tips and analysisHow to do remote work, from the teams that know it best: the advice of Zapier Wade Foster CEO, FlexJobs CEO Sara Sutton, Twilio CEO Jeff Lawson and others.
Emergence's Jason Green believes that part of the technological backlash is justified, but B2B opportunities still outweigh the challenges - VC also described George Floyd's death as "a profound moment and personal change for me."
Generative algorithms are redefining the intersection of software and music - Generative algorithms and increasing amounts of processing power are changing more and more what computers can do with music today.
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All the restResearchers develop laser-based underwater Wi-Fi system for underwater data networks - Researchers from King Abdullah University of Science and Technology have managed to use their system to make Skype calls and move files back and forth, but have also burnt out the Raspberry Pi uses lasers that have overpowered its capabilities.
Nissan is targeting its future EV on the Ariya crossover from 300 miles away: the Ariya is a fully electric SUV with a starting price of $ 40,000.
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