Google Backs India’s Reliance Jio – TipsClear

Posted on the 15 July 2020 by Thiruvenkatam Chinnagounder @tipsclear

Reliance Jio continues to add billions of dollars to its bank account, Apple wins a fiscal victory in Europe and researchers are testing a system for underwater Wi-Fi (with lasers!). Here is your daily crisis of July 15, 2020.

Google invests $ 4.5 billion in Indian platforms Reliance Jio

Another giant tech company has invested in India's largest telecommunications company, following Facebook's investment a few months ago. Reliance Jio has raised about $ 20.2 billion in the past four months - more than the entire ecosystem of Indian startups last year. Google and Reliance Jio will also work together to develop low-cost Android smartphones.

"Putting technology in the hands of more people is an integral part of Google's mission," said Google CEO Sundar Pichai. "Together, we are delighted to rethink from the ground up how millions of users in India can become owners of smartphones."

The tech giants

Apple and Ireland win appeal against European Commission $ 15 billion tax decision - Four years ago, the European Commission said that Ireland had not collected about $ 15 billion in taxes from Apple, but the European Court of Justice overturned this decision.

Zoom presents an all-in-one home communication device for $ 599 - The new Zoom for the home - DTEN ME includes a large tablet with three wide angle cameras and eight microphones.

Snap is launching a 13-week remote program to help developers create deeper Snap Kit integrations - Yellow Collabs is an extension of Snap's Yellow division, which previously consisted only of a startup accelerator.

Startups, financing and venture capital

Fraud detection startup Ravelin gets $ 20 million from Series C - The startup's goal is to use machine learning to improve the fraud detection process, giving merchants more confidence in accepting customers and transactions.

Lemonade Launches Pet Insurance - This is Lemonade's first new vertical since it launched tenant and owner insurance in 2016.

Substack launches Defender, a program offering legal support to freelance writers - The newsletter platform said it would determine who to support on a case-by-case basis, covering up to $ 1 million in legal fees (or even more in "cases exceptional ").

Extra Crunch tips and analysis

How to do the job remotely properly, from the teams who know it best - Advice from Zapier Wade Foster CEO, FlexJobs CEO Sara Sutton, Twilio CEO Jeff Lawson and others.

Jason Green of Emergence thinks part of the tech game is justified, but B2B opportunities always outweigh the challenges - The VC also described the death of George Floyd as "a profound moment and a change for me personally. "

Generative algorithms are redefining the intersection of software and music - Generative algorithms and increasing amounts of computing power are increasingly changing what computers can do with music today.

(Reminder: Extra Crunch is our subscription subscription program, which aims to democratize information on startups. You can register here.)

Everything else

Researchers develop laser-based underwater Wi-Fi system for underwater data networks - Researchers at King Abdullah University of Science and Technology have successfully used their system to make Skype calls and move files back and forth, but they also burned the raspberry Pi using lasers that exceeded its capacity.

Nissan is betting on its future EV on the Ariya crossover with a range of 300 miles - The Ariya is an all-electric SUV with a starting price of $ 40,000.

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