Trending February 2024 # Top Robotic Companies That Received Funding In July 2023 # Suggested March 2024 # Top 8 Popular

You are reading the article Top Robotic Companies That Received Funding In July 2023 updated in February 2024 on the website Minhminhbmm.com. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested March 2024 Top Robotic Companies That Received Funding In July 2023

Robotic technology will shape the world for better efficiency.

The Robotic Industry is changing the landscape of work in the modern era. Right from automation in every industry to autonomous surgeries in healthcare, Realtime Robotics is an autonomous industrial robotics company. The company offers real-time, collision-free motion planning that enables users to leverage robotic control technology to navigate applications. With just minimal programming, users can control the functioning of robots across multiple deployments. Realtime Robotics raised US$31.4 million in its Series A round. The funding was led by HAHN Automation for the purpose of improving robotic capabilities.  

Verve Motion pioneers connected wearable technology for the industrial sector. It accompanies robotics into functional apparel and boosts worker safety and wellbeing with their technology. The company recently announced that it has raised US$15 million in Series A funding which was led by Construct Capital along with Founder Collective, Pillar VC, Safar Partners, OUP, and other angel investors.  

Seoul Robotics is a 3D computer vision company that innovates intelligent robotic perception systems using artificial intelligence and machine learning. The company’s first commercial model, Discovery, made its debut in the US market, earlier this year. It is an all-in-one sensor and software platform that expands access, reduces costs, and simplifies the implementation of LiDAR-powered solutions in several applications for smart cities, smart, factories, and logistic mobility. Seoul Robotics was selected as an Innovative Icon startup for all its efforts and received a US$12 million investment from the Korean Government.  

The Robotic Industry is changing the landscape of work in the modern era. Right from automation in every industry to autonomous surgeries in healthcare, robotics is now becoming capable of handling intricate responsibilities and repetitive tasks and perform them without errors. This is one of the reasons, industries are increasing their dependency on robotics . While this indicates the future of the industry, many organizations and startups are leveraging this demand to create innovative solutions. Here are the robotic companies that received funding in the month of July to carry on their work and research.Realtime Robotics is an autonomous industrial robotics company. The company offers real-time, collision-free motion planning that enables users to leverage robotic control technology to navigate applications. With just minimal programming, users can control the functioning of robots across multiple deployments. Realtime Robotics raised US$31.4 million in its Series A round. The funding was led by HAHN Automation for the purpose of improving robotic capabilities.Verve Motion pioneers connected wearable technology for the industrial sector. It accompanies robotics into functional apparel and boosts worker safety and wellbeing with their technology. The company recently announced that it has raised US$15 million in Series A funding which was led by Construct Capital along with Founder Collective, Pillar VC, Safar Partners, OUP, and other angel investors.Seoul Robotics is a 3D computer vision company that innovates intelligent robotic perception systems using artificial intelligence and machine learning. The company’s first commercial model, Discovery, made its debut in the US market, earlier this year. It is an all-in-one sensor and software platform that expands access, reduces costs, and simplifies the implementation of LiDAR-powered solutions in several applications for smart cities, smart, factories, and logistic mobility. Seoul Robotics was selected as an Innovative Icon startup for all its efforts and received a US$12 million investment from the Korean chúng tôi so much of an investment, but a business firm, Zebra Technologies is planning to acquire Fetch Robotics, a cloud-driven autonomous mobile robot startup. This acquisition aims to boost Zebra Technologies Enterprise Asset Intelligence vision and growth in industrial automation. This will align with Zebra Technology’s focus on robotics and change the infrastructure of the industry with seamless integration.

You're reading Top Robotic Companies That Received Funding In July 2023

Top 10 Popular It Companies To Work For In India In 2023

Finding the popular IT companies to work for in India 2023 is as difficult as developing websites

Innovation is fueled by information technology, and development is the key to company success. Business innovation has a similar effect on the economy as steam did on the industrial revolution. It’s difficult to think of a single industry that has not profited from the digital revolution. Today, utilizing IT to spur innovation is the key to company success. Therefore, how to choose wisely when hiring IT professionals is the first thing entrepreneurs in every field attempt to determine. A business cannot succeed without the support of IT companies. However, finding popular IT companies is just as challenging as creating websites.

The top popular IT companies to work with in 2023 are based on an analysis of several India-based IT service providers employing cutting-edge technology. Before finishing the list, extensive research is done on a variety of topics, including customer evaluations, staff count, job experience, and bespoke web development talents. The IT companies to work for in India in 2023 are discussed below.

1. Infosys

Globally speaking, Infosys is a leader in consulting and next-generation digital services. Their clients may traverse their digital transformation in more than 50 different nations thanks to them. We professionally guide their customers through their digital journey thanks to our more than three decades of expertise managing the systems and operations of large, international companies. They accomplish this by equipping the organization with a core powered by AI that assists in prioritizing the implementation of change.

2. Deloitte

Progress is driven by Deloitte. Their international businesses assist clients in becoming industry leaders wherever they want to compete. Deloitte invests in exceptional individuals with a variety of skills and experiences and gives them the tools they need to succeed in ways that are unattainable otherwise. Their job mixes counsel with initiative and morality. They think that when society and its consumers are both stronger, so are they.

3. IBM

Technologists, developers, and engineers all produce at IBM. Regardless of where the solutions originate from, they combine all required services and technology to assist clients in resolving their most urgent business issues. By combining a variety of voices and technology, they embrace an open style of working. They work closely together, openly exchange ideas, and quickly implement ground-breaking technologies that have an exponential influence on how business is conducted.

4. Hyperlink InfoSystem

With operations in the United States, United Kingdom, Canada, France, United Arab Emirates, and Australia, Hyperlink InfoSystem is one of the top IT companies. With over ten years of experience in information and technology, Hyperlink InfoSystem has developed and deployed 4500+ apps, 2200+ websites, 120+ AI & IoT solutions, 25+ Metaverse solutions, 20+ NFT Marketplace solutions, 140+ games, and 120+ Salesforce solutions with top-notch technologies and concepts. They constantly choose for quality and being a well-known development firm, they use cutting-edge technology.

5. Accenture

Global professional services provider Accenture has industry-leading expertise in digital, cloud, and security, bringing together unrivaled expertise and specific abilities from more than 40 different sectors. Every day, its 710,000 employees serve customers in more than 120 countries by delivering on the potential of technology and human inventiveness.

6. Tata Consultancy Services

TCS is a purpose-driven company that is using innovation, technology, and collective wisdom to create a meaningful future. TCS, a member of the Tata group, the biggest multinational corporation in India, employs nearly 500,000 of the best-trained consultants in the world across 46 nations. TCS blends technological know-how with business insight to spur transformation and produce outcomes.

7. Cognizant

Cognizant is an expert in creating cutting-edge businesses that enhance daily life. They assist multinational corporations in learning novel operational approaches so they can predict and respond seemingly intuitively. They have developed connections with market-leading businesses worldwide over the past 25 years. They help firms stay ahead of issues, recognize opportunities earlier, and keep up with change by utilizing expertise that has been tried and tested all around the world.

8. Tech Mahindra

Tech Mahindra is a symbol of the networked world, providing cutting-edge and customer-focused information technology experiences that help businesses, associates, and society as a whole grow. It is a business with 151,100+ employees in 90 countries serving 1224 international clients, including Fortune 500 companies. Utilizing technology from the future generation, such as 5G, Blockchain, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers.

9. Wipro

Leading technology service and consulting firm Wipro Limited is dedicated to developing cutting-edge solutions that handle the most demanding digital transformation requirements of clients. They assist customers in realizing their most audacious goals and creating sustainable organizations that are prepared for the future by utilizing their comprehensive portfolio of talents in consulting, design, engineering, and operations. They fulfill their mission of assisting their clients, coworkers, and communities to succeed in a world that is always changing by having over 250,000 employees and business partners spread throughout 66 countries.

10. HData Systems

Top 5 Best Chinese Phones For Under $500 – July 2023

BEST CHINESE PHONES FOR UNDER $500 1. Poco F2 Pro

We cannot start the top 5 without what’s almost undoubtedly the best bang for the buck phone under $500 – the POCO F2 Pro. POCO’s latest flagship does indeed come with some of the best hardware available, including a Qualcomm Snapdragon 865, up to 8GB of RAM and 256GB of internal storage.

On the handset we then find an extra large 6.67-inch AMOLED display with no notches or punch-holes, in their place we have a motorized pop-up mechanism that hides the 20MP selfie snapper. Moving onto the back we have a total of four cameras; including a 64MP Sony IMX686 primary sensor, a 5MP secondary telephoto lens, a 12MP ultra wide angle camera and a 2MP depth sensor.

The Poco F2 Pro is powered by an above average 4700mAh capacity battery with support for 33W fast charge and runs MIUI 11 based on Android 10.

2. Realme X50 Pro

As far as photography is concerned, the X50 Pro boasts a 64MP primary shooter coupled with an 8 MP ultra wide angle lens, a 12MP telephoto camera (x2 optical) and a 2MP B&W sensor. Meanwhile in the double punch-hole in the upper left corner we find a 32MP resolution primary and an 8MP ultra wide lens.

Best Chinese Phones for Under $500 3. Vivo iQOO Z1

Gizchina News of the week

Join GizChina on Telegram

The iQOO Z1 from Vivo’s sub-brand is a very interesting device in the $300 and up price range. The handset does indeed feature MediaTek’s most powerful Dimensity 1000+ CPU which allows it to achieve over 530000 points on AnTuTu, we then find up to 8GB of RAM and 256GB of internal storage.

iQOO’s phone then comes with a 6.57-inch display with a whopping 144Hz refresh rate and Full HD+ resolution, which makes it a great gaming phone.

Camera wise, we find a 48MP primary camera on the back; coupled with an 8MP ultra wide lens and a 2MP macro sensor. Meanwhile at the front we have a single 16MP selfie snapper.

Finally, the smartphone packs an averagely sized 4500mAh battery and supports Ultra Fast Charge at 44W, it has NFC and runs iQOO UI 1.0 based on Android 10.

Best Chinese Phones for Under $500 4. Redmi 10X Pro 5G

Similarly to the iQOO Z1, the Redmi 10X Pro 5G is another very good option being powered by a MediaTek chipset – the Dimensity 820 5G CPU. The smartphone also manages to pack a premium 6.57 AMOLED Full HD+ panel and a total of four rear cameras including a 48MP primary, an 8MP telephoto camera, an 8MP ultra wide lens and a 5MP macro shooter. Meanwhile for selfie we have a single 20MP snapper in the notch at the front.

Other specs on the Redmi 10X Pro 5G include an averagely sized 4520mAh capacity battery; with support for 33W fast charging, an NFC module for electronic payments, Bluetooth 5.1, infrared port and a 3.5mm audio jack.

5. Honor 30

Finally, if you’re in love with Huawei’s EMUI, the high-end Honor 30 is a great option thanks to its powerful Huawei Kirin 985 chipset, paired with up to 8GB of RAM and 256GB of internal storage.

On the Honor phone we also find a large 6.53-inch AMOLED display with Full HD+ resolution and a punch-hole in the upper left corner which encases a 32MP selfie snapper. Meanwhile on the back we have four total shooters with a primary 40MP Sony IMX600 sensor with f/1.8 aperture, an 8MP periscope telephoto camera with OIS, an 8MP ultra wide lens and a 2MP depth sensor.

Autonomy wise, the device is fueled by a 4000mAh capacity battery; with support for 40W fast charging. The Honor 30 also features NFC chip and runs Magic UI 3 based on Android 10 out of the box.

Best Chinese Phones for Under $500

Check out our sub $200 list if you’re on a tighter budget!

Meet These Top Successful Data Science Companies For 2023

Data science is a new field that is constantly growing and evolving. With so many tools being developed for brands to communicate with the audience, it is quite pertinent for marketers to figure out the needs and demands of these audiences, and what better tool to get such insights other than data science? Here are the top data science companies that data professionals can choose from in 2023.  

UpGrad

UpGrad is an online platform that offers educational services on various topics like digital marketing, product management, entrepreneurship, data analytics, data-driven management and digital technology management. Founded in 2024, the company collaborates with world-class faculty and industry to facilitate access to career-oriented courses and assists Indian students and working professionals who want to upgrade their careers.  

Urban Company

Urban Company (formerly UrbanClap) is India and the UAE’s largest home services company. It is an all-in-one platform that helps users hire premium service professionals, from beauticians and masseurs to sofa cleaners, carpenters, and technicians. Since its inception, Urban Company has built a network of 25,000+ trained service professionals and served over 5 million customers across major metropolitan cities of India, Dubai, Abu Dhabi, Sydney, and Singapore.  

Verizon Data Services India

Verizon Data Services India is one of the world’s leading providers of technology, communication, information and entertainment products. Founded in 2000, the company is transforming the way people, businesses and things connect. As innovation hub, Verizon India is a big part of the global teams that brought 5G to life. The company plays a critical role in both the development of new technologies and the day-to-day operation of business, building systems and working on initiatives to help deliver unmatched experiences to consumers and businesses.  

Wipro

Wipro Limited is a leading global information technology, consulting, and business process service company. Wipro harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies to help its clients adapt to the digital world and make them successful. The company is recognized for its comprehensive portfolio of services, a strong commitment to sustainability, and good corporate citizenship.  

Zeta Suite

Data science is a new field that is constantly growing and evolving. With so many tools being developed for brands to communicate with the audience, it is quite pertinent for marketers to figure out the needs and demands of these audiences, and what better tool to get such insights other than data science? Here are the top data science companies that data professionals can choose from in 2023.UpGrad is an online platform that offers educational services on various topics like digital marketing, product management, entrepreneurship, data analytics, data-driven management and digital technology management. Founded in 2024, the company collaborates with world-class faculty and industry to facilitate access to career-oriented courses and assists Indian students and working professionals who want to upgrade their careers.Urban Company (formerly UrbanClap) is India and the UAE’s largest home services company. It is an all-in-one platform that helps users hire premium service professionals, from beauticians and masseurs to sofa cleaners, carpenters, and technicians. Since its inception, Urban Company has built a network of 25,000+ trained service professionals and served over 5 million customers across major metropolitan cities of India, Dubai, Abu Dhabi, Sydney, and Singapore.Verizon Data Services India is one of the world’s leading providers of technology, communication, information and entertainment products. Founded in 2000, the company is transforming the way people, businesses and things connect. As innovation hub, Verizon India is a big part of the global teams that brought 5G to life. The company plays a critical role in both the development of new technologies and the day-to-day operation of business, building systems and working on initiatives to help deliver unmatched experiences to consumers and businesses.Wipro Limited is a leading global information technology, consulting, and business process service company. Wipro harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies to help its clients adapt to the digital world and make them successful. The company is recognized for its comprehensive portfolio of services, a strong commitment to sustainability, and good corporate citizenship.Zeta® is in the business of providing a full-stack, cloud-native, API-first neo-banking platform including a digital core and a payment engine for the issuance of credit, debit, and prepaid products that enable legacy banks and new-age fintech institutions to launch modern retail and corporate fintech products. Its cloud-based smart benefits suite called Zeta Tax Benefits focuses on digitizing tax-saving reimbursements for employees, like mobile reimbursements, fuel reimbursements, gadget reimbursements, gift cards, and LTA.

The Best Cryptocurrencies To Invest In July 2023

Best cryptocurrencies in July are growing stronger.

As we enter a new month, we can definitely expect new trends to shape the world of crypto. The month of June overall has been good for the cryptocurrency market, recovering from the market turmoil in May. The

Ethereum

If you are amazed, the rundown didn’t start with Bitcoin, it is time to shift your focus to other best cryptos to buy this month. According to Current Price: US$2,198.98  

Bitcoin

No list is complete without Bitcoin. The largest cryptocurrency in the market is the most preferred option for investors. There is no denying that this Current Price: US$34,278.82  

Cardano

Cardano is the best crypto to buy today as a lot of new improvements and developments will take place on the blockchain. With this, it holds immense potential to deliver long-term benefits with regard to investment purposes. IOHK, supporting Cardano, announced a new initiative called Alonzo hard fork. It will empower smart contract functionality on the Cardano blockchain. Current Price: US$1.34  

Polkadot

Polkadot is again innovation in blockchain technology that will transform the decentralization of the internet. There are three reasons why it is growing – security, speed, and governance. Unlike other cryptocurrencies, Polkadot’s blockchain can be easily scaled globally. Current Price: US$15.69  

Ripple

Ripple is becoming quite popular as it won the lawsuit where The Securities and Exchange Commission (SEC) didn’t give permissions to access to private documentation of Ripple Labs’ legal status. This popularity is boosting the growth of Ripple. Also, it intends to go public. This should be a major factor to consider if you wish to invest in the best crypto in July. Current Price: US$0.6781  

Bitcoin Cash

Bitcoin cash makes the list of best crypto to buy now because of its faster processing of transactions with low fees. This crypto offers scalability, which implies its potential to grow in the future is huge. Now is the best time to invest in Bitcoin Cash as the prices have slashed down. Current Price: US$511.46  

Binance Coin

Binance Coin currently holds the 4th position as per CoinMarketCap ranking. Digitalcoin predicts that the price of Binance Coin will reach $1,246 by 2028. Well, still a long way to go, but its steady growth surely indicates a positive development. Current Price: US$293.23  

Polygon

If you wish to know everything about Polygon, Current Price: US$1.12  

Uniswap

Uniswap is a decentralized finance protocol that is utilized to trade cryptocurrencies. The protocol works with automated transactions between cryptocurrency tokens on the Ethereum blockchain using smart contracts. It can soon become the highest value cryptocurrency. Current Price: US$18.52  

Tether

As we enter a new month, we can definitely expect new trends to shape the world of crypto. The month of June overall has been good for the cryptocurrency market, recovering from the market turmoil in May. The best cryptocurrencies will grow stronger in the coming months starting from July. If you are still wondering whether to invest in cryptocurrency, leave behind all your concerns and read this guide to make an informed decision about cryptocurrency investments. So which is the best cryptocurrency to invest in in the month of July? Of course, Bitcoin and Etheruem are popular choices, let’s look at the other best cryptocurrencies for July chúng tôi you are amazed, the rundown didn’t start with Bitcoin, it is time to shift your focus to other best cryptos to buy this month. According to The Economy Forecast Agency , the price of Ethereum will reach US$2769 in July. Experts also suggest that Etheruem holds the potential to beat Bitcoin this month and become the top cryptocurrency to invest in in chúng tôi list is complete without Bitcoin. The largest cryptocurrency in the market is the most preferred option for investors. There is no denying that this best crypto will dominate the crypto market no matter the prices rise or fall.Cardano is the best crypto to buy today as a lot of new improvements and developments will take place on the blockchain. With this, it holds immense potential to deliver long-term benefits with regard to investment purposes. IOHK, supporting Cardano, announced a new initiative called Alonzo hard fork. It will empower smart contract functionality on the Cardano blockchain.Polkadot is again innovation in blockchain technology that will transform the decentralization of the internet. There are three reasons why it is growing – security, speed, and governance. Unlike other cryptocurrencies, Polkadot’s blockchain can be easily scaled globally.Ripple is becoming quite popular as it won the lawsuit where The Securities and Exchange Commission (SEC) didn’t give permissions to access to private documentation of Ripple Labs’ legal status. This popularity is boosting the growth of Ripple. Also, it intends to go public. This should be a major factor to consider if you wish to invest in the best crypto in July.Bitcoin cash makes the list of best crypto to buy now because of its faster processing of transactions with low fees. This crypto offers scalability, which implies its potential to grow in the future is huge. Now is the best time to invest in Bitcoin Cash as the prices have slashed down.Binance Coin currently holds the 4th position as per CoinMarketCap ranking. Digitalcoin predicts that the price of Binance Coin will reach $1,246 by 2028. Well, still a long way to go, but its steady growth surely indicates a positive chúng tôi you wish to know everything about Polygon, head to this article that will tell why it is the best coin to invest in now. Did you know it grew by 9,000% in 2023? This figure itself should be one sole reason for you to invest in polygon right away.Uniswap is a decentralized finance protocol that is utilized to trade cryptocurrencies. The protocol works with automated transactions between cryptocurrency tokens on the Ethereum blockchain using smart contracts. It can soon become the highest value cryptocurrency.While Bitcoin, Ethereum, Dogecoin are the most popular ones, other cryptocurrencies like Tether are secretly growing. Tether has quickly become one of the best cryptos to invest in in 2023 . Unlike other cryptocurrencies, Tether has very few risky elements. Hence, it is considered a stable and safe cryptocurrency to buy.

News Roundup 26Th July 2023

Omnichannel is the preferred marketing method, Facebook sees app usage decline, Instagram testing new Stories notification list, Pinterest launches Mobile Ad Tools and Facebook reaches $5 billion data privacy agreement

Facebook has had a bit of a busy week, with internal research looking at its app’s decline going public and the $5 billion US Justice Department fine being confirmed. On top of this, the platform has also agreed to a raft of new data privacy measures with the FTC.

In other news, research has revealed that consumers from all generations prefer an omnichannel experience rather than just a traditional or purely digital approach.

Instagram is reportedly testing a new type of notification list for Stories, which could be a sign that new features are on the horizon.

Read about these stories in more detail below.

Omnichannel marketing is the preferred method for all generations

Despite the push behind digital marketing over the last few years, omnichannel is still the way to go when it comes to building relationships with customers. According to new research by the Chief Marketing Officer (CMO) Council in partnership with Pitney Bowes, an omnichannel approach to marketing is the most effective for all generations.

The research found that of 2,000 consumers surveyed, over 85% said they prefer the omnichannel approach with brands reaching them both digitally and in person. In fact, brands interacting with consumers across different mediums was deemed critical by 91% of respondents, with 29% saying they want organizations to be more readily available for communication on demand.

This means that incorporating aspects like social media and email with in-person interactions will help brands meet with customers’ wants and expectations.

The study was originally intended to provide brands with insight into millennial and Gen Z consumers. Although there is a strong expectation that both of these consumer classes are slightly disconnected from in-person experiences due to their interest in social media, it seems that this is far from the case.

In fact, there are a number of similarities between younger and older generations, such as Baby Boomers and the Silent Generation. For example, most consumers across generations are happy for brands to access to personal data if it means that their needs will be better understood.

Jeff Winter, vice president of Marketing and Communications at Pitney Bowes, said: “It’s incredible to note how even the newest and most exciting of digital channels continue to evolve as consumer preference fully embraces the omnichannel opportunity. Whether by traditional means of communication, or more modern means like video and chatbot, one constant remains: everyone wants to be treated as an individual and it is up to us to deliver on that promise”

Internal Facebook analysis shows a decline in app use

The last few years have seen Facebook usage decline, with more users switching to other social media channels, such as Instagram. In fact, internal research from Facebook seen by The Information has revealed that the social media giant is very aware of the fall in usage.

Facebook’s internal data science team has found that unless the platform can change usage trends, the future of the app could be in crisis.

The Information said: “[Facebook researchers] warned that if enough users started posting on Instagram or WhatsApp instead of Facebook, the blue app could enter a self-sustaining decline in usage that would be difficult to undo. And although such “tipping points” are difficult to predict, they should be Facebook’s biggest concern.”

Until now, the trend has only been viewed externally, but this internal data shows that speculation and other surveys were correct. Reportedly, Facebook started to see a decline in usage when Snapchat began to grow in popularity, with younger generations opting for ‘the anti-Facebook’ app. This is why Facebook attempted to buy Snapchat back in 2013, creating similar functions to the app when it’s offer was rejected.

However, for now, it still seems that Facebook is a viable option for marketers, although you may want to start looking at broadening your strategy in order to reach a wider audience.

Instagram testing new Stories notifications

Instagram is now testing new notification tools for its Stories feature as it continues to grow in popularity. A new ‘Stories About You’ listing is reportedly being tested in the app, as reported by Jane Manchun Wong, a reverse engineering expert, on Twitter.

It looks like the new section will list Stories that a user has been mentioned or tagged in by the original poster. This will separate this type of Stories notification from the app’s other notification list.

As well as making it easier for general Instagram users to see their Stories notifications, this new list could be highly beneficial for high-profile users, allowing them to respond to relevant mentions in a timely way.

With Instagram Stories now reaching 500 million daily active users, it makes sense that Instagram start looking at ways to improve the Stories experience. Although this functionality isn’t adding anything new, it will provide more clarity on notification types. It could also be a change that comes ahead of new functionality down the line.

Pinterest launching Mobile Ad Tools

Following on from the introduction of a new suite of self-serve tools designed to help businesses reach more users and measure their campaigns’ success, Pinterest is offering easier ad creation, along with consolidated targeting options. According to the platform, Mobile Ad Tools allow brands to drive performance, increase awareness and reach new customers while staying in budget.

These new tools are currently being made available to users in the US but global expansion will take place soon.

Facebook reaches $5 billion settlement and privacy agreement

Facebook has officially been fined $5 billion by the US Justice Department for data privacy violations following the Cambridge Analytica scandal. The scandal saw data from over 50 million Facebook user profiles accessed by the now-defunct Cambridge Analytica in order to influence voters. Facebook has also been handed a $100 million fine from the SEC for the issue.

In addition to the fine, the social media giant has also agreed to new measures to protect user data. Facebook explained that it has agreed with the Federal Trade Commission (FTC) that will see a range of new measures implemented.

According to the FTC, these include:

Facebook must exercise greater oversight over third-party apps, including by terminating app developers that fail to certify that they are in compliance with Facebook’s platform policies or fail to justify their need for specific user data.

Facebook must provide clear and conspicuous notice of its use of facial recognition technology, and obtain affirmative express user consent prior to any use that materially exceeds its prior disclosures to users.

Facebook must establish, implement, and maintain a comprehensive data security program.

Facebook must encrypt user passwords and regularly scan to detect whether any passwords are stored in plaintext.

Facebook is prohibited from asking for email passwords to other services when consumers sign up for its services.

Facebook has also agreed to more oversight from officials from the FTC and the US Justice Department, meaning there will be more levels in place for its detection and transparency methods.

Update the detailed information about Top Robotic Companies That Received Funding In July 2023 on the Minhminhbmm.com website. We hope the article's content will meet your needs, and we will regularly update the information to provide you with the fastest and most accurate information. Have a great day!