Samsung’s three foldable phones for 2021 outed by research firm

Samsung Galaxy Z Fold 2 artsy

Credit: Eric Zeman / Android Authority

  • Samsung could launch three foldable phones next year, including a budget model.
  • One of the three foldable phones is tipped to come with S-Pen support and an in-display camera.

Samsung can be expected to launch three different foldable phones next year. According to UBI Research (via The Elec), the Korean firm is preparing three types of foldable OLED panels for three foldable models, namely the Galaxy Z Flip 2, Galaxy Z Fold 3, and Galaxy Z Fold Lite.

The Galaxy Z Flip 2 will reportedly feature a 6.7-inch punch-hole display and a 3-inch external screen. If the report is to be believed, the folding main screen is the same size as that of the original Galaxy Z Flip. The outer screen is fairly larger than the 1.1-inch window on the first Flip.

The Galaxy Z Fold 3 is tipped to sport a 7-inch

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Flipkart’s digital payments firm PhonePe to raise $700 million from existing investors

NEW DELHI (Reuters) – PhonePe, the digital payments unit of Walmart’s Indian e-commerce arm Flipkart, said on Thursday it would sell a stake to existing investors for $700 million, helping it fuel growth in a crowded market that includes Google and Amazon .

FILE PHOTO: The logo of India’s e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration

PhonePe’s fundraising, from Flipkart investors led by Walmart, will give it a valuation of $5.5 billion, the company said in a statement.

PhonePe is also using the opportunity to assert its independence from the Flipkart Group which runs a successful e-commerce business in India rivalling Amazon’s local unit.

It will have its own board of directors, which will include founder and CEO Sameer Nigam and former Flipkart boss Binny Bansal, who is no longer at the company he co-founded.

PhonePe will also have employee stock ownership

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Data warehouse firm Snowflake reports bigger loss in first post-IPO quarterly report

(Reuters) — Warren Buffett-backed data warehouse firm Snowflake reported a bigger third-quarter loss on Wednesday, in its first quarterly results following a blockbuster market debut in September, sending its shares more than 5% lower after the bell.

The San Mateo, California-based company, which has 3,554 customers, raised $3.36 billion in its initial public offering after it was priced above the target range in the biggest U.S. listing so far this year.

Snowflake said product revenue, or sales from services on its platform, more than doubled to $148.5 million, accounting for 93% of total revenue in the quarter.

Founded in 2012 in San Francisco, Snowflake sells a cloud data platform which offers to consolidate a business’ data onto one platform. Cloud-based business services have seen rapid growth this year as offices around the world adapted to working remotely during the COVID-19 pandemic.

Net loss for the quarter ended Oct.

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Alibaba-backed autonomous car firm AutoX starts driverless testing

FILE PHOTO: A sign of Alibaba-backed autonomous driving startup AutoX is seen on a modified Chrysler Pacifica minivan in Shenzhen, Guangdong province, China October 31, 2020. REUTERS/Yilei Sun

BEIJING/SHANGHAI (Reuters) – Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd, said on Thursday it has started fully driverless vehicle testing in China with Pacifica minivans from Fiat Chrysler Automobiles NV (FCA).

AutoX, which is also backed by Dongfeng Motor Group Co Ltd and SAIC Motor Corp Ltd, will have a fleet of 25 driverless vehicles in Shenzhen and five in other cities to test the technology. Automakers and technology firms are investing billions of dollars in autonomous driving, aiming to take an early lead in what many consider the future of mobility. Shenzhen-based AutoX has modified a number of vehicles from various manufacturers and tested them in Shenzhen, Shanghai, Guangzhou, Wuhan and Wuhu.

To attract deep-pocketed partners, startups

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Seattle biotech firm Silverback Therapeutics sets terms for IPO, looks to raise up to $151M

Laura Shawver, CEO of Silverback Therapeutics. (Silverback Photo)

Silverback Therapeutics plans to raise up to $151.8 million in its initial public offering, the Seattle-based company said Monday in an updated IPO filing.

The biotech firm will aim to sell 6.95 million shares at $17 to $19 per share. It would be valued at $566 million at the midpoint of the proposed stock price range.

Founded in 2016, Silverback uses a proprietary technology platform called ImmunoTAC to develop therapies that target specific areas of disease in a way designed to avoid damaging healthy tissue. Its lead product candidate, designated SBT6050, uses monoclonal antibodies to target breast, gastric and lung cancers. It’s currently in Phase 1/1b clinical trials, according to its IPO filing.

Silverback raised $210 million in venture capital over its lifetime as a private company, including an $85 million round in September, led by EcoR1 Capital; and a $78.5 million

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California Firm Contracted To Design, Build 90 CapMetro Shelters

AUSTIN, TX — A California-based firm has been awarded the contract to design and build 90 transit shelters over a five-year period for Capital Metro, officials announced on Wednesday.

Based in Corona, California, Tolar Manufacturing delivered 153 shelters for the local transit agency last year after having provided 69 of the structures in 2016, officials wrote in an advisory. The latest contract will bring to more than 300 the number of Tolar-built shelters for CapMetro, officials said.

As part of the agreement, Tolar Manufacturing officials said they will supply all components of the shelters as CapMetro continues delivering on its Coordinated Bus Stop Street Furniture Program for new and existing bus stops. Under the supply contract, Tolar Manufacturing will deliver a complete shelter package, which includes shelters with agency-branded banners and solar lighting provided by Urban Solar that is integrated into the shelters’ fabrication, officials said.

Corona-based Tolar Manufacturing delivered

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Google Reportedly Wants to Buy Indian Social Media Firm ShareChat

Four months after taking a stake in India’s biggest mobile carrier, Google  (GOOG) – Get Report is reportedly interested in buying a fast-growing Indian social media firm.

The search giant is in talks to buy startup ShareChat in a deal that could be worth slightly more than $1 billion, according to a report from India’s Economic Times. For comparison, ShareChat was valued at $650 million in a 2019 funding round.

Following strong 2020 growth, ShareChat claims to have more than 160 million monthly active users (MAUs) for its core app. In addition, the company recently launched a short-form video app called Moj, around the time that TikTok was banned in India. Moj is said to have amassed more than 80 million MAUs in less than five months.

ShareChat’s core app lets users share videos and other content through both a core feed and groups that feature chat rooms

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Top Independent Research Firm Names EPAM a Leader in Computer Vision Consultancy

NEWTOWN, Pa., Nov. 23, 2020 /PRNewswire/ — EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced they have been named a leader in The Forrester New Wave™: Computer Vision Consultancies, Q4 2020—recognized alongside 12 other vendors in the report, and one of three leaders that stand out for their track record of delivering a wide range of innovative, demanding CV solutions that have been put into product with numerous clients and are driving business outcomes on an ongoing basisi.

The report found that, “even tech giants with in-house CV experts turn to EPAM to deliver innovative CV solutions, and the company has a track record of delivering CV solutions that span the prosaic (e.g., asset tracking and invoice processing) to the extraordinary (e.g., CV-enabled augmented reality apps for field service).”

The Forrester report states that EPAM “should

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Equnox Designs Recognised As the Leading Interior Design Firm in Sydney – Press Release

Equnox Designs Recognised As the Leading Interior Design Firm in Sydney

Property Development | Equnox Designs

Equnox Designs is the leading interior design firm in Sydney, help turn to transform that dream into reality, whether they are an investor, or looking to renovate the house or build the dream home, or deliver those sales.

Sydney, New South Wales – November 23, 2020 – Equnox Designs is one of the leading interior design firms in Sydney bring their client’s vision to life and deliver on their promise. They are a modern, cost-effective way to innovate the development process.

Interior Designers Sydney

When asked about their service, the spokesperson of Equnox Designs replies, “Equnox Designs, the leading builder in Sydney, focuses on designing, managing, and developing properties for people who want to step back and relax. The best part is, we can look after everything you need to build your dream home from start to finish. From the very first concept designs, through to interiors and

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Tech firm Factor AI receives funding to support AI development

Tech firm FactorAI has been awarded funding to support further product development of its artificial intelligence (AI) enabled real time sensor which aims to make the formulated products industry more sustainable.

Dr Jujar Singh Panesar (left) and Dr Andrea De Santis of Factor AI.
Dr Jujar Singh Panesar (left) and Dr Andrea De Santis of Factor AI.

Formulated products include shampoos, moisturising creams and toothpastes, which are composed of at least two ingredients.

Leeds-based FactorAI embed AI enabled sensors in factories that manufacture formulated products, allowing manufacturers to combine real time data capabilities with artificial intelligence to help them innovate quicker and reduce waste. The funding from InnovateUK’s SBRI Sustainable Innovation Fund will support FactorAI in its development of its proof-of-concept solution to enable the formulated products industry to manufacture products sustainably.

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The business was founded by Dr Jujar Singh Panesar and Dr

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