News
Huawei partners with Truecaller, Facebook releases ‘Lifestage’, YouTube ‘Backstage’, more
![](https://adigitalboom.com/wp-content/uploads/2016/08/facebook-lifestage-app.png)
Facebook craziness had no end, the company released a new mobile app called “Lifestage” targeting teenagers, Huawei Honor 8’s users will have a built-in truecaller features pre-installed, Twitter enabled businesses to add “message” button to their websites, in order to make it easy for customers to get in touch. While, WhatsApp rolled out a new privacy policy update which shares users data with Facebook to enhance tailored ads.
The week has even more, as LinkedIn ProFinder expands to provide business owners with a new feature enables them to search and hire freelancers, and Apple is now on a video editing app to help iOS users use social media in a lifestyle. Finally, Google’s still fighting for the social media cake, but it seems not working.
Let’s take them all by details and you’re welcome to leave questions/opinions in the comment box below or join the conversation on Facebook or Twitter @adigitalboom.
1. Facebook releases a teenagers app ‘Lifestage’
Facebook released a new standalone app called “Lifestage” last week targeting teenagers, in what appears to be a call for war with SnapChat.
The app is totally separate from Facebook and doesn’t require a Facebook account to register.
That actually led us to ask: is Facebook becoming an outdated platform, so the company is preparing the move to a new one? Forget it, Facebook is the strongest 🙂
For now, the new app is only available on iOS.
2. Truecaller reaches a new pre-install deal with Huawei
The deal will offer Truecaller features inside the caller app of Huawei’s phones and will be used as a directory to help users identify spam calls.
Honor 8 will be the first phone to have the new feature.
Truecaller representative told TechCrunch that the app will be pre-bundled on future Huawei phones sold across the U.S., Middle East, North Africa, South East Asia and India.
3. Twitter’s new Message button for websites
Twitter has launched a new embeddable button that can be placed on your site to allow visitors send direct messages without leaving your website.
Announcing our new Message button. Now people can easily slide into your DMs from your website. Get yours now! https://t.co/ash9ouvgzu
— Developers (@XDevelopers) August 24, 2016
The new feature should help businesses enhance their online customer service.
4. WhatsApp is going to share your data with Facebook and it doesn’t matter
WhatsApp will start to share your phone number with Facebook to help wit FB ads targeting.
For me, I don’t care, I think WhatsApp is already sharing all my data not just my phone number with facebook and all third parties.
5. Linkedin ProFinder is Expanding
Last October, LinkedIn began to test a new marketplace called “Profinder” to help Freelancers find jobs and finally it’s available worldwide.
The new platform will help customers find freelancers working on Design, Writing and Editing, Accounting, Real Estate, Career Coaching and more.
LinkedIn date shows the number freelancers has grown by nearly 50% in just the past five years, take a look at the most growing industries:
6. Apple is working on a new app to help users with social media posting
The tech giant is developing a video sharing and editing application and it’s testing new related features for its iPhone and iPad operating systems – Reported Bloomberg
The new Apple’s app will allow users to record video, apply filters and drawings to the media and send it to contacts or your Social Media platforms.
7. YouTube Backstage
YouTube is developing a new social media platform called “backstage” which the users will be able to share photos, links, text posts, polls and videos.
The question now: What about Google+? Will it be grandfathered as Hangout?
News
Saudi Fintech Lendo Signs MOU with J.P. Morgan
![Saudi Startup Lendo Joins Forces with J.P. Morgan to Enhance SME Financing](https://adigitalboom.com/wp-content/uploads/2024/09/Lendo-x-JP-Morgan-MOU.png)
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) today with J.P. Morgan to improve access to financing for small and medium-sized enterprises (SMEs) across the country.
The MOU was signed during 24 Fintech, a premier fintech event that brings together industry leaders, innovators, and investors in Riyadh.
J.P. Morgan and Lendo are working together on potential opportunities to support the SME sector in Saudi Arabia in growing and sustaining the remarkable demand in this market.
“This strategic collaboration with J.P. Morgan, a pioneer in the financial industry, marks a significant milestone for Lendo,” said Osama Alraee, CEO and co-founder of Lendo. “By combining our strengths, we’ll deliver cutting-edge financial solutions to SMEs, supporting their growth and contributing directly to the realization of Saudi Arabia’s Vision 2030.”
The SME financing landscape in MENA presents a substantial market opportunity as limited financial access continues to restrict the growth of the region’s businesses, with commercial banks hesitant to issue loans to SMEs at scale, resulting in a high percentage of declined financing requests annually.
The total SME financing gap in developing countries is estimated to be approximately $5.2 trillion, according to the International Finance Corporation (IFC).
Lendo’s debt crowdfunding platform aims to bridge the financing gap for SMEs, aligning with Saudi Vision 2030’s goal to significantly expand SME lending from 4% in 2018 to 20% by 2030.
According to the latest available report from the Saudi Central Bank (SAMA), the total value of debt crowdfunding in Saudi Arabia surged from SAR 1.4 million in 2019 to SAR 771 million in 2022, marking a remarkable growth.
Lendo raised SAR 132 million ($35.2 million) in total funding from leading investors, including the most recent Series B led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (PIF).
Since its inception in December 2019, Saudi fintech Lendo has processed over 5,000 financing transactions on its platform, providing over SAR 2 billion ($600 million) in financing to SMEs and generating SAR 280 million ($74 million) in returns for investors.
News
TA Telecom Introduces AnteThink: A New AI Decision Support Tool
![**TA Telecom Introduces AnteThink: A New AI Decision Support Tool for Enhanced Decision-Making**](https://adigitalboom.com/wp-content/uploads/2024/01/antethink-ta-telecom.png)
TA Telecom, a prominent player in the Middle East’s tech sector, has unveiled AnteThink, an AI-driven tool designed to enhance decision-making processes for individuals and businesses alike.
With a history of influencing the tech landscape through various initiatives, including advanced mobile solutions, high-volume payment platforms, and ventures in e-commerce, fintech, and analytics, TA Telecom has carved a niche for itself. Serving a vast user base of 40 million and processing an impressive 15 billion transactions across its platforms, TA Telecom has cemented its position as a tech industry leader, with some of its ventures achieving the status of Y Combinator companies.
Established in 2000, TA Telecom has emerged as a prominent player in the technology sector. With over 40 million users and processing 15 billion transactions annually, TA Telecom has made a notable impact. Recognized for its contributions by the Financial Times and featured on Deloitte’s list of fastest-growing tech companies in EMEA, TA Telecom is known for its adaptability and forward-thinking approach in the ever-evolving global tech landscape.
Sameh Ibrahim, CEO of TA Telecom, highlights the potential of AnteThink: “AnteThink reflects our commitment to leverage technology for practical impact. It aims to provide clarity and confidence in decision-making, whether in the professional or personal sphere. AnteThink is a tool that can empower startup founders, executives, and individuals to make more informed choices, alleviating the stress and uncertainty often associated with critical decision-making.”
Mostafa Ashour, CEO of Y Combinator-backed startup NowPay, shared his perspective on AnteThink: “AnteThink transformed our strategic planning, allowing us to explore various scenarios and prepare for different outcomes. It has strengthened our decision-making process, helping us navigate the complexities of the business landscape.”
AnteThink embodies TA Telecom’s commitment to innovation, focusing on supporting the startup ecosystem. The tool is tailored to help leaders and executives navigate the complexities of business management and strategic development by providing a clear picture of potential outcomes.
Key Features of AnteThink include:
1. Second Order Mode: Offering a comprehensive analysis of broader impacts, fostering a strategic mindset for long-term success.
2. Optionality Mode: Enabling detailed evaluation and comparison of different choices to ensure decisions align with strategic objectives and values.
3. Inversion Mode: Focusing on identifying and mitigating potential risks, thereby strengthening risk management strategies.
![TA Telecom Introduces AnteThink: A New AI Decision Support Tool for Enhanced Decision-Making](https://adigitalboom.com/wp-content/uploads/2024/01/antethink-screenshot-800x450.png)
Credit: Antethink
AnteThink’s advanced AI technology aims to assist decision-makers with insightful analytics, offering guidance through the decision-making process.
News
GoDaddy’s Global Markets VP Predicts Egypt’s E-commerce to Hit $9.88 Billion by 2028
![GoDaddy's Global Markets VP Predicts Egypt's E-commerce to Hit $9.88 Billion by 2028](https://adigitalboom.com/wp-content/uploads/2023/12/Selina-Bieber-the-Senior-Director-of-Global-Markets-at-GoDaddy.webp)
Selina Bieber, the Senior Director of Global Markets at GoDaddy, has predicted a significant increase in Egypt’s e-commerce revenue. By 2028, it could reach $9.88 billion.
Godaddy is forming strategic partnerships and launching initiatives to help local entrepreneurs. These efforts align with Egypt’s digital transformation goals and its Vision 2030.
In an interview with the Arabic financial news “Amwal Al Ghad,” Bieber spoke about GoDaddy’s plans and how they match Egypt’s 2023 strategy. She highlighted the company’s aim to provide effective, easy-to-use digital tools and services. By 2024, GoDaddy wants to serve more customers in Egypt by making its digital tools more widespread.
The company is working closely with the Egyptian government, especially the Ministry of Planning. They are offering training programs to improve the digital skills of startups and existing businesses. GoDaddy’s services in Egypt include domain registration, web hosting, e-commerce solutions, and digital marketing tools.
Recent surveys support Bieber’s positive outlook for e-commerce in Egypt. They show a clear trend towards digital strategies among small businesses. Many are realizing the importance of having an online presence for their growth and success.
As GoDaddy continues its partnerships and supports government digital initiatives, its influence on Egypt’s digital landscape is growing. The company is committed to sustainability and reducing its carbon footprint. It aims not just for business growth but also to contribute to a sustainable and thriving digital economy in Egypt.
The 2028 projection indicates a vast potential for e-commerce, with GoDaddy playing a key role in this digital evolution.
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