Friday, August 25, 2023

Sony Xperia 5 V is launching on September 1

Exactly one year after the Xperia 5 IV made its debut, Sony is ready to announce a successor with the Xperia 5 V. The upcoming device is set to debut on Friday, September 1 at 4PM Japan time (7AM UTC) and as usual, there will be a livestream on YouTube. The short teaser trailer for the event boasts about the phone’s camera quality in both day and night shots. Based on the leaked promo video from last month, Xperia 5 V will boast a dual camera setup. Xperia 5 V design We also know it will feature a Snapdragon 8 Gen 2 chipset and up to 16GB of RAM as per a listing on...



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Honor Magic Vs 2 certified with 35W charging

Honor is gearing up to bring its Magic V2 to the global market at IFA Berlin alongside another more affordable foldable device but we now get evidence of a third foldable which could launch alongside the other two variants. The Magic Vs 2 aka Magic V Slim appeared in a 3C listing which confirms 35W charging capabilities. Honor Magic Vs 2 (VCA-AN00) certification on 3C database The device which is codenamed Victoria was seen bearing the VCA-AN00 model number is rumored to feature an outward folding screen like the Huawei Mate Xs and Mate Xs 2 which would be a first for Honor. The...



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Zepto becomes India’s first 2023 unicorn with $200 million fresh funding

Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday, at a time when most other firms in the category have either died or are struggling. The funding makes Zepto the first Indian startup to attain the unicorn status this year.

StepStone Group, an influential LP in many venture funds, led Zepto’s Series E funding in what is the U.S. firm’s first direct investment in India. Goodwater Capital and existing backers, including Nexus Venture Partners, Glade Brook Capital and Lachy Groom also participated in the round.

Zepto was last valued at $900 million in a funding round it unveiled in May last year. The startup, which has raised about $560 million to date, witnessed no secondary transaction in the new round, Zepto co-founder and chief executive Aadit Palicha said in an interview.

The funding comes at a time when the vast majority of instant delivery startups globally – Gopuff, Jokr, Getir, Gorillas, Instacart and others that collectively raised over $10 billion – have significantly curtailed their operations, have seen their private valuations plummet, or shut down entirely.

Closer to home, Zepto-rival BlinkIt got sold for less money than it had raised after nearly a decade of operation. Reliance Retail-backed Dunzo has deferred payments to employees and cut workforce after aggressively spending over $150 million to expand its dark stores, a gamble that appears to have not worked at all.

So what has worked for Zepto?

“Most people don’t realize this, but businesses that are driven by supply chain and are operationally intense are fundamentally about execution,” Palicha told TechCrunch. “The high-level elements that people keep throwing – existence of deep-pocketed competitors, who all is on the cap table etc – don’t matter. What matters is the basis point by basis point execution and discipline with which you are governing every inch of your supply chain.”

Palicha and Kaivalya Vohra co-founded Zepto when they were 19. The duo — who had previously worked on a number of projects, including a ride-hailing commute app for school kids, and dropped out of Stanford two years ago — took Zepto out of stealth mode in late November 2021.

The startup, which sells and delivers everything from grocery items to electronic gadgets, processes over 300,000 orders a day in seven Indian cities. Zepto, like many other firms operating in the category, relies on hundreds of so-called dark stores that dot popular neighbourhoods across cities. The vast majority of these stores are fully EBIDTA positive, Palicha said.

In fact, Zepto has reduced its “burn” significantly and is aiming to be IPO-ready with a company-wide EBIDTA positive metric in 12 to 15 months, he said. The startup — whose annualized revenue run rate today exceeds $700 million, according to Palicha — has grown its sales by 300% year-on-year and is targetting $1 billion in annualized sales within the next few quarters, he said.

“Even with this capital, we want to maintain our discipline, avoid complacency, and push hard to hit EBITDA positivity,” said Kaivalya Vohra, Zepto co-founder and CTO, said in a statement. “In that journey, the biggest drivers of P&L improvement for us are based on technology and product. We are building one of the best supply chain product stacks in the country today and we are investing heavily in customer-facing product as well. This technical excellence is in our DNA, and I’m excited about the next phase of building.”

Zepto plans to go public by 2025 as “a profitable, growing technology company that customers love,” the company said.

The funding makes Zepto the first unicorn from India this year amid a protracted slowdown in the economy that has significantly hurt the appetite of investors. Indian startups raised a mere $5.46 billion in the first half of 2023, a substantial 68% decline from the $17.1 billion during the same timeframe in 2022 and a drop from $13.4 billion in H1 2021, according to market intelligence firm Tracxn.



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Samsung Galaxy S23 FE moves a step closer to launch as it gets Bluetooth certified

Samsung unveiled the Galaxy S23, Galaxy S23+, and Galaxy S23 Ultra in February, and it's expected to introduce the Galaxy S23 FE in September. While Samsung hasn't confirmed the S23 FE's launch date yet, the smartphone has been certified by Bluetooth SIG, moving it a step closer to the launch. Bluetooth SIG has certified six Samsung Galaxy S23 FE variants, having model codes SM-S711B, SM-S711B_DS, SM-S7110, SM-S711U1, SM-S711W, and SM-S711U. The listings of these versions reveal they will come with Bluetooth 5.3 connectivity, but don't divulge anything else. Samsung Galaxy S23 FE...



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Samsung to launch Galaxy Z Fold5 Thom Browne edition, 7 devices in the works

Samsung launched the Galaxy Z Fold5 about a month ago in multiple colors, and we now hear the Korean conglomerate will launch a special edition Fold5 next, which will be called Galaxy Z Fold5 Thom Browne Edition. Take a seat at the @ThomBrowne table for a celebration of a new experience in design and innovation. #GalaxyxThomBrowne pic.twitter.com/XxPW5zMJ9l— Samsung Mobile (@SamsungMobile) August 24, 2023 The source says there are seven more devices Samsung is planning to launch, including the Galaxy S23 FE, Galaxy Tab S9 FE and FE+, Galaxy Tab A9 and A9+, Galaxy SmartTag 2, and Galaxy...



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Thursday, August 24, 2023

Google to go further on ads transparency and data access for researchers as EU digital rulebook reboot kicks in

Google has said it will increase how much information it provides about ads targeted at users in the European Union. It is also expanding data access to third party researchers studying systemic content risks in the region. The actions are among a number of steps it’s announcing today which it says are aimed at complying with the bloc’s Digital Services Act (DSA).

A DSA compliance deadline for larger platforms with more than 45 million regional users — 19 of which the EU designated back in April — kicks in on Friday (August 25).

Ahead of that deadline we’ve seen a string of announcements from other tech giants setting out how they intend to respond to the bloc’s law, including from TikTok, Meta and Snap.

Google has now added its 2 (Euro) cents — and, as with other platform giants, it’s spinning the measures as an expansion of existing efforts, rather than a step-change. But there’s no doubt all the platforms are being forced to be more open than they were, with the threat of major fines (of up to 6% of global annual turnover) for violating the pan-EU regime.

Tech giants could choose to stop operating in the region if they don’t like the EU’s new rules. And Amazon and Zalando are challenging their designations as VLOPs in court. But outright abandoning a market of circa 450 million consumers is not the sort of decision that would fly in the average C-suite. Even if all eyes will be on what Twitter/X’s erratic owner Elon Musk will do.

The social media platform has also been designated a VLOP — but, since Musk took over Twitter (now X), it’s been moving in the polar opposite direction to DSA compliance. Hence the Commission warning for months that the platform faces huge work if it’s to avoid breaching the DSA.

The other tech giants on the VLOP/VLOSE list can at least be confident they haven’t painted such a massive Musk-shaped target on their backs when it comes to playing by EU rules. Although they should expect the detail of their claimed compliance to be scrutinized equally carefully by European Commission regulators. Just, maybe, with better odds on not being first in line for enforcement.

“We will be expanding the Ads Transparency Center, a global searchable repository of advertisers across all our platforms, to meet specific DSA provisions and providing additional information on targeting for ads served in the European Union,” writes Google in a blog post entitled “complying with the Digital Services Act”. “These steps build on our many years of work to expand the transparency of online ads.”

While on data access for researchers, the adtech giant adds: “Building on our prior efforts to help advance public understanding of our services, we will increase data access for researchers looking to understand more about how Google Search, YouTube, Google Maps, Google Play and Shopping work in practice, and conducting research related to understanding systemic content risks in the EU.”

Google also claims its approach to DSA compliance includes steps to boost transparency around its content moderation decisions; provide users with different ways to contact it; and update its reporting and appeals processes to include “specified types of information and context about our decisions”.

It also says it’s rolled out a new Transparency Center which it says will present information about its policies on a product-by-product basis, as well as enabling people to find its reporting and appeals tools; access the Transparency Reports; and learn more about its policy development process.

In another DSA measure, Google is expanding the scope of Transparency Reports — saying the reports will now include information about how it handles content moderation across more of its services, including Google Search, Google Play, Google Maps and Shopping.

The tech giant’s blog post affirms that it will be assessing risks in areas such as illegal content dissemination, fundamental rights, public health and civic discourse, and providing reports to EU regulators and independent auditors, as the DSA demands.

“We are committed to assessing risks related to our largest online platforms and our search engine in line with DSA requirements,” it writes on that, noting that as well as reporting on these risks to the EU and independent auditors it will publish a public summary of the assessments “at a later date”. So it will be interesting to see how quickly those assessments make it into the public domain (and how much detail Google’s summaries contain). 

The DSA will eventually apply to a far wider range of digital platforms and services, with a general deadline for compliance falling early neat year. But the regulation puts extra obligations (and an tighter compliance timeline) on so-called very large online platforms (VLOPs) and very large online search engines (VLOSE).

These additional requirements are aimed at driving transparency and accountability around platforms’ use of AI and other recommender algorithms, with mandates they give users more choice over how algorithms shape the content they see; proactively address AI-driven risks on their services; and give up data to independent researchers so they can study the societal impacts of algorithmic content-shaping systems.

The EU is not intending to rely solely on independent researchers to do the leg work of interrogating algorithmic effects; last year it opened a new AI research hub in Seville, Spain which will support the Commission’s oversight of Big Tech. But the bloc also wants the regulation to fire up platform research and algorithmic auditing across the region — to make Europe a world leader in interrogating the impacts of AIs.

Another area which is regulated by the DSA is VLOPs’/VLOSEs’ recommender systems that are powered by profiling users (aka content “personalization”, as platforms prefer to dub it). They must offer users a way to opt out of such tracking — meaning users in the EU should be able to receive content feeds or search results that are non-personalized/not based on the platform analyzing their activity to predict what might engage them the most.

Google’s blog post does not mention any measures it’s taking to comply with this aspect of the DSA so we’ve reached out to the company with questions. Most likely this is because it does already offer a way for users to turn off “personalized” search results if you dig into the Google settings.

The pan-EU regulation also puts some limits on the use of tracking and profiling for targeting advertising — with a total prohibition on tracking minors to microtarget them with ads; and a ban on the use of sensitive personal data for ad targeting.

Google does not mention the latter requirement — so we’ve asked how it intends to comply with that. Update: Google says it has a long standing policy which it claims prohibits advertisers from using sensitive interest categories, including sexual interests, race and religion, to target ads to users.

On minors, its blog post highlights a decision it took two years ago when it said it would block personalized advertising (“based on the age, gender, or interests”) to anyone under age 18. “The DSA will require other providers to take similar approaches,” it goes on to suggest.

Google does not name any rivals in relation to that suggestion but the likes of Meta and Snap do appear to be continuing to try to target minors with some of the parameters Google claims it does not use — such as age and location (in the case of Meta); and age, location and language settings (Snap).

So it will be also be interesting to see whether EU regulators pick up on discrepancies in how platforms are framing what is and isn’t personalization/profiling in an ad-targeting context. (Snap, for instance, talks about language settings, age and location being “basic essential information” — but, on age, at least, Google seems to be claiming otherwise.) 



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USB C-to-C cables for iPhone 15 and 15 Plus handled: no MFi, USB 2.0 speeds

There were some concerns over how Apple will implement USB-C on the upcoming iPhone 15 series. Researcher Majin Bu reports some good news: the new cables will not use Apple’s MFi chips for verification, so third-party cables and accessories will not be restricted (with Lightning, full compatibility is available only on accessories that have been licensed by Apple). It’s not all roses, though, Bu confirms that the regular iPhone 15 and 15 Plus will only have USB 2.0 capable ports. This means that they will be limited to 480Mbps data transfer speeds, same as the current Lightning...



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