Category: Latest News

  • Huspy Secures $59M to Expand Proptech in Europe

    Huspy Secures $59M to Expand Proptech in Europe

    UAE Proptech Huspy Raises $59M to Scale in Europe

    Huspy, a UAE-based proptech company, has successfully raised $59 million in funding. This significant investment will fuel its expansion plans into Europe, marking a major step in its growth strategy.

    Huspy’s Expansion Strategy

    With this new funding, Huspy aims to replicate its success in the Middle East by offering innovative solutions to the European real estate market. The company focuses on:

    • Simplifying the home buying process.
    • Providing mortgage solutions.
    • Offering a seamless digital experience.

    The Funding Round

    The funding round saw participation from several key investors, demonstrating strong confidence in Huspy’s business model and future prospects. This financial boost allows Huspy to invest in:

    • Technology development.
    • Team expansion.
    • Market penetration in Europe.

    Impact on the Proptech Industry

    Huspy’s expansion into Europe underscores the growing importance of proptech companies in transforming the real estate sector. By leveraging technology, Huspy seeks to:

    • Enhance transparency in property transactions.
    • Improve efficiency in mortgage processing.
    • Provide better customer service.
  • Jack Dorsey’s Bitchat: Bluetooth Messaging App in the Works

    Jack Dorsey’s Bitchat: Bluetooth Messaging App in the Works

    Jack Dorsey Ventures into Bluetooth Messaging with Bitchat

    Jack Dorsey, the co-founder of Twitter (now X) and Block, is reportedly developing a new Bluetooth messaging application called Bitchat. This initiative aims to provide users with a communication platform that doesn’t rely on internet connectivity.

    What is Bitchat?

    Bitchat is designed to function as an offline messaging app, leveraging Bluetooth technology to enable communication between devices within a certain range. This approach could be particularly useful in situations where internet access is limited or unavailable, such as during emergencies, in remote areas, or at large events with congested networks.

    The Potential Use Cases

    • Emergency Situations: Bitchat could serve as a vital communication tool when traditional networks are down.
    • Remote Locations: In areas with poor internet infrastructure, users can stay connected.
    • Large Events: Avoid network congestion by using Bluetooth for local communication.

    How Bluetooth Messaging Works

    Bluetooth messaging operates by creating a direct connection between devices, allowing them to exchange data without needing an internet connection. The range is typically limited to around 30 feet, but this can vary depending on the Bluetooth version and device capabilities.

    Dorsey’s Vision

    While details are still emerging, Dorsey’s move into Bluetooth messaging aligns with his broader vision of decentralized and accessible communication tools. By creating an app that bypasses traditional internet infrastructure, Bitchat aims to offer a resilient and private means of communication.

    Future Implications

    The development of Bitchat raises interesting questions about the future of communication technology. As reliance on internet connectivity grows, offline solutions like Bluetooth messaging could become increasingly important for ensuring reliable communication in all circumstances.

  • Threads App Usage Nears X (Twitter) Daily User Count

    Threads App Usage Nears X (Twitter) Daily User Count

    Threads Catching Up to X’s Daily App Users

    Recent data indicates that Threads is quickly closing the gap with X (formerly Twitter) in terms of daily app users. This shift highlights the evolving landscape of social media and the potential for new platforms to challenge established giants.

    Growing Popularity of Threads

    Threads, since its launch, has seen a surge in popularity. Several factors contribute to this growth:

    • Integration with Instagram: Threads benefits from seamless integration with Instagram, allowing users to easily sign up and connect with their existing network.
    • Focus on Close Connections: The app emphasizes sharing updates with a smaller, more intimate circle of friends.
    • User-Friendly Interface: Threads boasts a clean and intuitive design, making it accessible to a broad audience.

    X’s Response and Strategy

    X (Twitter) is undoubtedly aware of the competition from Threads. To maintain its user base, X has implemented several strategies:

    • Introducing New Features: X continues to roll out new features and updates to enhance user engagement.
    • Focusing on Real-Time News and Events: X remains a primary source for breaking news and live events, a niche that Threads has yet to fully penetrate.
    • Content Creator Incentives: X might be exploring options to better support and retain content creators who drive engagement on the platform.

    Data Analysis and Trends

    Analyzing user data helps to understand the evolving trends in social media usage. Key observations include:

    • User Migration: A segment of users is migrating from X to Threads, seeking a different social media experience.
    • Engagement Levels: Monitoring engagement levels on both platforms reveals user preferences and satisfaction.
    • Demographic Shifts: Understanding the demographics of users on each platform provides insights into their respective audiences.
  • TikTok Readies New App Version Ahead of US Sale

    TikTok Readies New App Version Ahead of US Sale

    TikTok Prepares New App Version Before Potential US Sale

    Amidst mounting U.S. regulatory scrutiny, TikTok is reportedly building a new version of its app. Furthermore, the planned sale of its American operations requires a fresh build. Meanwhile, ongoing negotiations and data-security concerns shape this strategic pivot.

    Why a New Version?

    The development of a new version could serve several purposes:

    • Addressing Security Concerns: A fresh codebase allows TikTok to implement enhanced security measures and address any potential vulnerabilities that have been raised.
    • Meeting Regulatory Requirements: The new version might be designed to comply with specific data privacy and security requirements set forth by the US government.
    • Facilitating a Smooth Transition: A new app version could streamline the transfer of ownership and ensure a seamless experience for US users during and after the sale.

    TikTok U.S. Sale: Who’s in the Running?

    TikTok’s U.S. sale process has attracted multiple bidders and it still needs regulatory sign off.

    Several groups have shown interest:

    • A consortium backed by Frank McCourt, including Alexis Ohanian and Kevin O’Leary.
    • Technology and investment giants like Oracle, Blackstone, and Amazon.
    • Investor-focused firms such as Perplexity AI.
    • Possible bids from Walmart, Microsoft, AppLovin, and even MrBeast

    Meanwhile, President Trump says a deal is pretty much” in place and talks with China are scheduled to start this week. Still, the final structure and timing remain uncertain .

    Regulatory Hurdles Ahead

    First, U.S. regulators must sign off under the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), which prohibits distribution or updates of “foreign-adversary-controlled applications” unless developers divest within a set time frame
    Then, ByteDance will need Chinese government approval, because China’s export controls require consent before transferring core algorithms and related tech .
    Finally, only after both steps can the U.S. operations legally transfer.

    Impact on Users

    1. Mandatory App Transition
      Starting September 5, 2025, U.S. users must download the new U.S.-only version (internally called M2 to keep using TikTok. The current app will stop working by March 2026
    2. Disrupted Experience
      The switch might interrupt user habits and data continuity. It could reset personalized feeds, disrupt algorithmic recommendations, and change in-app settings and content history
    3. Advertising & E-commerce Effects
      Marketers may lose targeting accuracy and behavioral insights during the shift. TikTok Shop’s subscription features and ads may see fluctuations as user data systems realign
    4. Data Privacy & Trust
      Users concerned about data security may welcome this move. Hosting U.S. data on separate infrastructure could reduce foreign-government access concerns businessinsider.com

    How to Prepare

    • Download the M2 app once available in early September.
    • Back up important content, like drafts or favorites, beforehand.
    • Stay informed about changes in privacy settings or new U.S.-only policies.

    Bottom Line

    Amid efforts to comply with U.S. legal demands, TikTok plans to spin off an American version of its app to retain its massive user base. Nevertheless, users may encounter hiccups—such as feed resets, disrupted data, and shifting ad environments—during the transition. However, in the long run, users could benefit from stronger data protections and a more secure experience.

    • Data Privacy: Users will be keen to understand how their data will be handled under new ownership.
    • App Functionality: The new version may introduce changes to the app’s features and functionality.
    • Terms of Service: Users should carefully review the updated terms of service and privacy policies.
  • Ingram Micro Hit by Ransomware: Ongoing Outage

    Ingram Micro Hit by Ransomware: Ongoing Outage

    Ingram Micro Reports Ransomware Attack Causing Outage

    Ingram Micro, a major technology distributor, has confirmed that a recent service outage stemmed from a ransomware attack. The company is actively working to restore its systems and minimize disruption to its partners and customers.

    Ransomware attacks continue to pose a significant threat to organizations of all sizes. These attacks typically involve malicious actors encrypting critical data and demanding a ransom payment in exchange for the decryption key. Staying vigilant and implementing robust cybersecurity measures are crucial for preventing such incidents.

    While Ingram Micro works to resolve the issue, businesses should take proactive steps to protect their own systems.

  • Bluesky’s Louvre What You Need to Know

    Bluesky’s Louvre What You Need to Know

    Bluesky’s Louvre: What Its Toll Means For You

    This clever line riffs on John Donne’s famous poem no man is an island… ask not for whom the bell toll implying that Bluesky users should pay attention because it concerns them directly.

    A Loss of Informal Moderation

    The Louvre acted as a community-driven guide, reminding users to pause before posting. Without it, that informal layer of accountability evaporates .

    Emerging Fragility in a Decentralized Ecosystem

    Bluesky relies on community moderation and decentralized tools such as lists, reply controls, and Ozone. However, power users and content curators can vanish without warning. As a result, this exposes a deeper insecurity within the network.

    A Sharp Reminder to All Users

    The phrase underscores a universal vulnerability. Indeed, if the Louvre—or any account—can vanish under external pressure, then so could you. Therefore, it serves as a strong call for both caution and reflection.

    Broader Context: Moderation and Transparency on Bluesky

    Despite growing pains, Bluesky officially reported:

    • Over 3 million registered users 2023.
    • A moderation team reviewing all reported contentno reliance on full automation
    • Roughly 4,667 account takedowns and 1,817 content removals in 2023

    Why It Resonates on Bluesky

    1. Community self-regulation
      The Louvre reminded users to think twice before posting. Its absence removes a layer of informal accountability reddit.com
    2. Vulnerability in a decentralized platform
      Bluesky thrives on openness and user driven moderation. Losing a cornerstone account reveals how fragile that ecosystem can be
    3. A reminder to all
      The phrase acts as a metaphor: Bluesky’s community safety net isn’t guaranteed. So users should be careful and aware they might be next.

    Bottom Line

    The statement underscores both a communal loss and a broader warning: Bluesky lacks centralized protections. When a vital watchdog like the Louvre disappears, it reminds everyone to be mindful. The toll isn’t just for one account it’s for the whole community.

  • Reuters Accounts Blocked by X in India

    Reuters Accounts Blocked by X in India

    X Blocks Reuters Accounts in India

    X, formerly known as Twitter, has recently blocked several Reuters accounts within India, raising concerns about media access and freedom of information. This action impacts the distribution of news from one of the world’s leading news organizations.

    The Blocking of Accounts

    The specific reasons behind X’s decision to block Reuters accounts remain unclear. While X hasn’t issued an official statement detailing the precise cause, speculations suggest possible regulatory pressures or content-related issues. The blocking prevents users in India from accessing news and updates directly from these Reuters accounts.

    Reuters’ Response

    Reuters is likely engaging with X to understand the reasons behind the block and to seek a resolution that restores access to their accounts for Indian users. News organizations prioritize ensuring their content remains accessible to the public, and any disruption is a matter of concern.

    Possible Reasons Behind the Block

    Several factors could contribute to this situation:

    • Regulatory Compliance: Social media platforms often face pressure from governments to comply with local laws and regulations.
    • Content Moderation: Disputes over content moderation policies could lead to account restrictions.
    • Geopolitical Issues: Tensions or conflicts between nations can sometimes influence the availability of international news sources.
  • Tech Unicorns: 36 New Companies Emerge in 2025

    Tech Unicorns: 36 New Companies Emerge in 2025

    New Tech Unicorns Emerge in 2025

    As of mid‑2025, the tech world continues to innovate. Indeed, at least 36 startups have already reached $1 billion+ valuations, securing unicorn status this year . Moreover, most of these unicorns emerged in the AI sector. However, sectors like satellite space and blockchain trading have also produced notable valuations, including companies like Loft Orbital and Kalshi

    What’s Driving the Surge?

    Clearly, AI continues to fuel investor excitement. At the same time, unicorns are emerging across satellite, blockchain trading, health tech, robotics, and space sectors. Indeed, TechCrunch reports that while most new unicorns in 2025 are AI-focused, a surprising number are in satellite and blockchain trading industries like Loft Orbital and Kalshi . Moreover, the health tech space is pacing innovation, with several diagnostic and care platforms also joining the unicorn club

    Highlights from June

    Recently, enterprise internet infrastructure firm Meter secured $250 million in funding, thereby earning a $1.38 billion valuation. Moreover, this milestone positions the company as a rising powerhouse in its sector. Indeed, it’s now one of the latest unicorns joining the elite list of high-growth, high-value startups .

    Linear reached $1.25 B via a Series C led by Accel and Sequoia

    Earlier this month, data-gathering robotics pioneer Gecko Robotics secured $340 million in funding, thereby reaching a $1.62 billion valuation. Indeed, this round of investment highlights growing investor confidence in AI-powered inspection and infrastructure automation. Moreover, it underscores the company’s strategic position in sectors like manufacturing, energy, and defense where its Cantilever® platform is gaining traction. digitrendz.blog.

    What Defines a Tech Unicorn?

    Originally, a tech unicorn referred to a privately held startup valued at over $1 billion. The term, coined by venture capitalist Aileen Lee in 2013 to highlight their rarity, quickly caught on . Since then, unicorns have exploded in number surpassing 1,200 globally by mid 2024. Although the label still signals prestige, it now reflects a broader trend: rapid growth and massive investment in technology.

    Key Sectors Seeing Unicorn Growth

    Several sectors are driving the creation of these new unicorns:

    • Artificial Intelligence (AI): Companies developing cutting-edge AI solutions continue to attract significant investment. From machine learning platforms to AI-driven applications, this sector is booming. Explore the latest in AI tools and platforms.
    • Cloud Computing: As businesses migrate to the cloud, companies offering innovative cloud services and solutions are experiencing rapid growth. Delve into Cloud and DevOps advancements.
    • Cybersecurity: With increasing cyber threats, cybersecurity companies are in high demand, providing essential protection for businesses and individuals alike. Stay updated with Cyber and Network Security news.
    • Gaming Technology: Advancements in gaming, including virtual reality (VR) and augmented reality (AR), are fueling the growth of gaming-related startups. Check out Gaming Technology trends.
    • Blockchain Technology: Companies leveraging blockchain for various applications, including finance and supply chain management, are gaining traction. Learn more about Blockchain Technology developments.

    Factors Contributing to Unicorn Growth

    Several factors contribute to the ongoing surge in tech unicorns:

    • Increased Venture Capital Funding: A significant influx of venture capital is available to fund promising startups.
    • Rapid Technological Advancements: Continuous innovation across various tech sectors creates opportunities for new companies.
    • Digital Transformation: Businesses across all industries are undergoing digital transformation, creating demand for innovative tech solutions.
    • Global Market Expansion: The ability to reach a global market quickly through digital platforms enables rapid scaling for startups.
  • Stem Cell Therapy for Pets: A Promising Future

    Stem Cell Therapy for Pets: A Promising Future

    Ready-Made Stem Cell Therapies for Pets: A Promising Future

    The prospect of readily available stem cell therapies for our beloved pets is becoming increasingly real. Researchers and veterinary companies are making strides in developing and commercializing these treatments, which could revolutionize how we approach various ailments in animals. This advancement promises less invasive procedures, faster recovery times, and improved overall health outcomes for pets suffering from a range of conditions.

    What are Stem Cell Therapies?

    Stem cell therapies harness the regenerative power of stem cells to repair damaged tissues and organs. These versatile cells can become different cell types, making them ideal for treating specific conditions in animals.

    Traditionally, stem cells are harvested from the patient. This autologous process is often invasive and time-consuming. However, the field is shifting. Now, allogeneic, or “off-the-shelf,” therapies use donor animal stem cells. These are ready-made and can be administered quickly.

    Allogeneic mesenchymal stem cells MSCs are proving especially promising. They’re easy to isolate and culture. Plus, they carry fewer ethical concerns than embryonic stem cells . Importantly, they act through immunomodulation—regulating the immune response—rather than turning directly into new tissue .

    Furthermore, using donor MSCs avoids drawbacks of older donor cells: age, illness, or low potency . You can store them long-term and deliver predictable doses in emergencies . Some studies even suggest they outperform autologous MSCs in certain cases .

    In summary, off-the-shelf stem cell therapy promises faster treatment, better quality control, and broader accessibility. And although research is ongoing, veterinary trials—especially for orthopedic and neurological issues—are already well underway .

    Benefits of Ready-Made Therapies

    • Accessibility: Ready-made therapies make stem cell treatments more accessible to a wider range of pet owners, as they don’t require specialized facilities or extensive processing time.
    • Reduced invasiveness: Since the cells are not harvested directly from the patient, the procedure becomes less invasive, reducing stress and discomfort for the animal.
    • Faster treatment: Off-the-shelf therapies can be administered more quickly than autologous treatments, potentially leading to faster recovery times.
    • Consistency: Standardized production methods ensure a more consistent and reliable product, improving the predictability of treatment outcomes.

    Current Research and Developments

    Several companies and research institutions are actively involved in developing ready-made stem cell therapies for pets. These therapies target a variety of conditions, including:

    • Osteoarthritis: in joints affected by osteoarthritis.
    • Hip and elbow dysplasia: By repairing damaged tissues, stem cells can improve mobility and reduce pain in pets with hip and elbow dysplasia.
    • Immune-mediated diseases: Stem cell therapies show promise in modulating the immune system and treating conditions like inflammatory bowel disease.
    • Wound healing: The regenerative properties of stem cells can accelerate wound healing and reduce scarring.

    Challenges and Future Directions

    The future of veterinary medicine is increasingly promising thanks to off-the-shelf stem cell treatments. As research advances, more therapies are entering clinical trials and veterinary clinics .

    Furthermore, these ready-made stem cells help pets enjoy better health and longer lifespans. They also enhance their quality of life by reducing pain and boosting mobility . Moreover, early data shows that diseases once deemed untreatable may soon be manageable using allogeneic mesenchymal stem cells MSCs .

    Plus, veterinary teams are actively preparing clinics and educating pet owners to support this paradigm shift risingkashmir.com. As regulation and standardization progress, off-the-shelf therapies will likely become routine. Soon, stem cell treatments may be as accessible as vaccines or dental care.

    In summary, innovation is reshaping pet health. Soon, treating chronic conditions and aging symptoms will be faster, easier, and more effective and that’s a game-changer for pets and their families.

  • Microsoft Ends Local Operations in Pakistan

    Microsoft Ends Local Operations in Pakistan

    Microsoft Halts Pakistan Operations

    Microsoft is ceasing its local operations in Pakistan, marking a significant shift in its regional strategy. This decision impacts local employees and partners, leading to speculation about Microsoft’s future engagement in the Pakistani market.

    Reasons Behind the Closure

    While Microsoft hasn’t released an official statement detailing the precise reasons, several factors might contribute to this decision:

    • Economic Climate: Pakistan’s current economic challenges, including currency devaluation and inflation, may have influenced Microsoft’s profitability.
    • Market Strategy: Microsoft might be consolidating its operations to focus on regional hubs or cloud-based services, reducing the need for a physical presence.
    • Regulatory Environment: Changes in local regulations and compliance requirements could make operating in Pakistan less attractive.

    Impact on Local Partners and Customers

    The closure of Microsoft’s local operations will undoubtedly affect its partners and customers in Pakistan. Local businesses that relied on Microsoft’s direct support and resources might need to adjust their strategies. The impact includes:

    • Support and Services: Local support channels might be disrupted, potentially affecting the resolution of technical issues.
    • Partnerships: Local Microsoft partners will need to adapt to new engagement models or seek alternative collaborations.
    • Cloud Services: Access to Microsoft’s cloud services, such as Azure, will likely continue, but with potentially different support structures.

    Future Outlook

    Despite closing its local operations, Microsoft could still serve the Pakistani market through regional offices or online services. The company may focus on:

    • Cloud-Based Solutions: Delivering services through its global cloud infrastructure.
    • Remote Support: Providing technical support and resources remotely from other locations.
    • Partner Network: Strengthening partnerships with local companies to maintain a presence in the market.