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Everything Announced At WWDC17

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apple, ios 11, wwdc, wwdc 2017, apple wwdc 2017, apple wwdc, ios 11 beta, aaple news, siri, wwdc 17, apple watchOS 4, apple watchOS 4 new features, apple watchOS key features, apple watchOS 4 launch, Apple WWDC 2017 announcements, startupstories, startup stories india, startup stories, apple homepod, macbook pro, imac, ipad pro

iOS 11:
The iOS 11 will be launched later this year approximately at the same time as the new iPhone. With 375 million devices using Siri every month, the Apple assistant will get a major upgrade. This next update will give Siri deep learning capabilities such as contextual learning and predictive suggestions. The camera app will also be upgraded and will save pictures with a compression technique that uses less space on the device. Third party apps will now be able to access Apple Music directly and save discovered songs to your library automatically.

Apple HomePod:


Apple announced its own competitor to Amazon Echo and Google Home! In a bid to shake things up, Apple’s voice-enabled smart speaker HomePod was launched at the annual developer’s conference.
The HomePod can do pretty much everything that Google Home and Amazon Echo offers, but with a better sound quality. Apple’s worldwide head of marketing, Phil Schiller explained how the speaker can analyze the song it’s playing, detect the surfaces around it and adjust the output accordingly.

MacBook Pro:


While the basic design of the MacBook Pro remains untouched, all MacBook models will receive processor upgrades. The high end 15 inch MacBook Pro will now be available with seventh generation Core i7 processors that range from 2.8 GHz quad core to 3.1 GHz quad-core variants. The laptops will also have the faster storage capacity that will mean faster overall performance than the previous generations. The 13 inch MacBook Pro will also get a revamp with dual core i5 processors. The other MacBooks will also have minor processor upgrades to keep up with the other products.

iMac:


The new iMac will be packed with seventh gen Intel Core i7 and i5 Kaby Lake chips processors, Radeon Pro 500 series graphics, 5 k and 4 k display with 8 GB and 4 GB dedicated VRAM respectively with up to 4.2 GHz processing speed. The new updates focus on delivering faster results, especially when using processor-intensive applications like the Final Cut Pro. Apple has also upgraded the storage with the Fusion Drive with a fast flash storage for frequently used apps and files and a high capacity hard drive for everything else. The new iMac boasts of brighter retina display and the ability to reproduce as many as 1 Billion colors.

macOS High Sierra:
The macOS will be launched later this year and introduce new core technologies such as a new file system and better VR support. The new file system will enable the Macs to move to a proper modern file system that will ease changing and inspecting large files.

Virtual Reality:
Metal VR will make its debut on iMac. Metal will have the ability to edit 360° videos in apps like Final Cut Pro and create cutting-edge 3D VR content and HTC Vive is the headset of choice.

iPad Pro:
Apple released a new 10.5 inch iPad Pro that is largely similar to its 9.7 inch iPad. These tablets will be powered by the A10X Fusion chips and 12 core graphics with True Tone display features to alter the color and brightness according to the ambient light temperature. They will now also have a 64 GB storage option which can be increased to 512GB.

These were the major announcements in the keynote speech along with the upgrades to Apple Tv and Apple Watch OS4.

Let us know what you think in the comments below or write to us at [email protected]

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Zepto Delays IPO to Focus on Profitability and Indian Ownership

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Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

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Polygon Enters New Era: Leadership Shift and Major Upgrades Under Sandeep Nailwal

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Polygon StartupStories

Sandeep Nailwal, co-founder of Polygon, has been appointed as the first CEO of the Polygon Foundation, marking a shift from decentralized governance to focused leadership. This change aims to provide clear direction and accelerate Polygon’s growth in the competitive blockchain space.

Under Nailwal’s leadership, Polygon will discontinue its zkEVM network in 2026 to concentrate on the Polygon PoS chain and AggLayer, a new cross-chain liquidity protocol. Significant upgrades to the Polygon PoS chain are planned, starting with the Bhilai upgrade in July 2025, to enhance transaction capacity and support large-scale financial applications.

Polygon enters this new phase with a strong financial position, enabling long-term development without fundraising pressures. While Nailwal leads the Foundation, Marc Boiron continues as CEO of Polygon Labs. This leadership restructuring aims to drive innovation and reinforce Polygon’s position in Ethereum scaling and the Web3 ecosystem.

 

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Wow! Momo Raises ₹85 Crore from Stride Ventures to Accelerate Nationwide Expansion

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WoW Momo StartupStories

Wow! Momo, the Kolkata-based quick-service restaurant (QSR) chain, has secured ₹85 crore (approximately $9.9 million) in debt funding from Stride Ventures, aiming to accelerate its omnichannel expansion and strengthen its presence across India. The company, which operates over 700 outlets in more than 70 cities, plans to utilize the funds to open additional dine-in restaurants, expand its packaged food (FMCG) vertical, and enhance its delivery and supply chain operations. This strategic move will also help refinance existing loans and fuel Wow! Momo’s push into new markets and product categories.

Founded in 2008, Wow! Momo has rapidly diversified its offerings, launching brands such as Wow! China, Wow! Chicken, and Wow! Kulfi, and recently entering the frozen foods segment with quick commerce and retail distribution. The company is targeting a footprint of over 1,500 stores across more than 100 cities within the next three years and aims to grow its FMCG business to ₹100 crore while ramping up its HORECA (Hotel, Restaurant, and Catering) segment. The leadership team views this debt infusion as pivotal for scaling new formats, driving innovation, and building brands that resonate with Indian consumers.

Stride Ventures, known for backing high-growth startups, emphasized Wow! Momo’s strong brand recall, robust business model, and relentless innovation as key reasons for their investment. With this funding, Wow! Momo is well-positioned to further solidify its status as a category-defining player in India’s QSR and FMCG sectors, while preparing for larger equity rounds and a potential IPO in the coming years.

 

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