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Apple Buys Music Analytics Company Asaii: Report

Apple has acquired music analytics start-up Asaii, Axios reported on Sunday, citing sources, in a bid to strengthen content recommendations to its music users. Apple’s deal to buy Asaii was worth less than $100 million, Axios reported, citing a source. Asaii can help Apple compete with Spotify Technology SA’s efforts …

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Zomato Is Raising $210 Million From Alibaba’s Alipay Singapore

Zomato has signed a definitive agreement to raise a primary funding of $210 million (roughly Rs. 886 crores) from Alibaba’s online payment platform Alipay Singapore. The latest funding comes weeks after the food-ordering platform announced the acquisition of TongueStun, a Bengaluru-based startup that serves corporate catering space in six Indian …

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PM Modi Says AI, Blockchain Will Change the Nature of Jobs

Prime Minister Narendra Modi Thursday allayed fears of job loss due to technological development, saying artificial intelligence, blockchain, and other technologies will change the nature of employment and provide more opportunities. Speaking at the launch of the World Economic Forum (WEF) Centre for the Fourth Industrial Revolution, PM Modi said …

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