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Hyper-local e-commerce platform LoveLocal has raised $18 million in its pre-Series B investment round, which also happens to be the largest investment round ever raised by a solo woman tech founder in the world’s second-largest internet market. The oversubscribed round was led by Paul Allen’s Vulcan Capital and included participation from Klarna Founder & CEO Sebastian Siemiatkowski’s Flat Capital, Alumni Ventures Group and Commerce Ventures, existing investors Blume Ventures, AC Ventures, HenkelX Ventures, Chiratae Ventures, as well as angel investors Nami Zarringhalam, Co-founder of Truecaller, Sriram Krishnan, General Partner at Andreessen Horowitz, Anna Lambert, Director of Product Acceleration at Shopify, Sarah Jones Simmer, CEO of Found & ex-COO of Bumble, Arpan Sheth, Senior Partner at Bain & Company, and others. The proceeds from the funding round will be utilized towards developing its product, hiring more people to double its team over the next 18 months, and acce

B2B supply chain management company SupplyNote has raised $1.2 million in its latest pre-Series A funding round, led by Venture Catalysts and included participation from Astor Management, SOSV, Faad Network, DevX Fund, Sarcha Advisors, SucSEED Ventures, Manjal Investments, Angelbay, and Riso Capital. With this, the startup has raised $2.8 million to date, including the funds it raised from GHV Accelerator, Artesian Ventures, and DAS Capital earlier. The proceeds from the funding round will be used for hiring and upgrading its technology stack, scaling up its HoReCa marketplace, extending credit options through partners, enabling easier transactions between restaurants and suppliers, and reinforcing its fulfillment service function. Additionally, some of the funds will be used to close strategic partnerships with POS, Payments, and Loyalty companies. It aims to enter new markets and strengthen its presence in the F&B ecosystem, and aims to expand in India, the Middle East, and South

This year has seen a tremendous rise in the numbers of the unicorn family of India, and insurance startup Acko has become the latest entry in the list after raising $255 million in its new funding round, elevating its valuation to $1.1 billion. The round was led by private equity firms General Atlantic and Multiples Private Equity and included participation from Canada Pension Plan Investment Board and Lightspeed Growth, as well as existing investors Intact Ventures and Munich Re Ventures. The Bangalore-headquartered startup has now raised $450 million to date. Acko thus becomes the 34th Indian firm to become a unicorn this year and the second insurance startup to reach the milestone. According to the startup, the proceeds from the funding round would be utilized towards expanding its auto insurance segment and micro-insurance products across travel, appliances, and gadgets, as well as investing over $150 million in growing its health insurance segment. It also plans to hire more talen

Much like Microsoft and Alphabet , Swedish mobile phone directory and caller identification service Truecaller has had a fruitful third quarter in 2021. The company saw its revenue increase by a humongous 129%, while its adjusted EBITDA margin came at 37.6%. This is the first earnings report for Truecaller after it went public and was listed on NASDAQ Sweden earlier this month. The third quarter of the year saw Truecaller pocket SEK 312.8 million in revenue, an increase of 129% when compared to Q3 2020. During the first three quarters, Truecaller earned SEK 737.6 million in revenue, an increase of 141% when compared to the same period in 2020. Its adjusted EBITDA came at SEK 117.7 million in Q3 2021 and SEK 273.6 million in the first three quarters. Its profit after tax came at SEK 2.3 million, while its basic earnings per share (EPS) came at SEK 0.01. “We see a continued strong growth trend both in terms of users and revenue during the third quarter and we are very proud of the moment

Unlike Facebook, which has a lot on its plate right now, Microsoft and Alphabet have successfully exceeded estimates and reported strong results in their Q1 2022 and Q3 2021 financial reports. Let us delve a bit deeper. Microsoft Q1 2022 Microsoft reported that it pocketed $45.3 billion in revenue (an increase of 22%, the fastest growth since 2018) against estimates of $43.97 billion. Its net income grew by 48% to $20.5 billion (GAAP) and 24% to come at $17.2 billion (non-GAAP), while its operating income grew by 27% to come at $20.2 billion. Similarly, its diluted earnings per share (EPS) came at $2.71 GAAP and $2.27 non-GAAP (increasing by 49% and 25%, respectively). After the fiscal first-quarter earnings were announced, Microsoft’s shares rose by 2% in extended trading on Tuesday. “We delivered a strong start to the fiscal year with our Microsoft Cloud generating $20.7 billion in revenue for the quarter, up 36% year over year,” said Amy Hood, executive vice president and CFO of Mic

AI-based startup Instoried has raised $8 million in its latest funding round, led by Pritt Investment Partners and 9Unicorns, and included participation from Mumbai Angels, Venture Catalysts Angel Fund, SOSV, and other HNIs. According to the startup, the proceeds from the funding round would be utilized towards strengthening its technology stack, expanding into new markets, and scaling up its teams and operations. Founded by Sharmin Ali, who happens to be a graduate of the Visvesvaraya Institute of Technology in Bengaluru (Sutanshu Raj joined as CTO and was later co-opted as a co-founder), the two-year-old startup helps content writers, in the SME category, e-commerce, FMCG, and other verticals to optimize emotions in their marketing content. It offers content creation and evaluation, using in-house built proprietary artificial intelligence (AI) to enable enterprises to reach their optimal content goals and make real-time analyses and suggestions to enhance the content, which will, in

Boston-based startup Thrasio has raised over $1 billion in its all-equity Series D financing round, led by global technology investor Silver Lake and Advent International. The round included participation from existing investors including Upper90, funds managed by Oaktree Capital Management, L.P., PEAK6 Investments, and Corner Capital. The valuation of the startup after the round has not been ascertained. The three-year-old start-up, founded by Joshua Silberstein and Carlos Cashman, is known to acquire top-rated and fast-growing third-party sellers on Amazon and provide them with technology, digital marketing, and sales chops to accelerate growth. It has raised $3.4 billion to date and has seen accelerated growth in recent times. In fact, it now has 200 brands, and had $500 million revenue and $100 million in profit last year, and is now set to have $1 billion in revenue. The startup has also been in talks to go public via a merger with Michael Klein’s SPAC company Churchill Capital Co

Shuttl, the Amazon backed app-based shuttle service has been acquired in an all-cash deal by Chalo, which helps track buses across cities. With the acquisition, Chalo will be able to expand its presence across the country, including metropolitan cities, expand its technology and product offerings, and aid its efforts for global expansion. While the financial details of the deal were not disclosed, it was revealed that Amit Singh, Shuttl co-founder, and CEO, will remain with his startup. Additionally, its team will continue to operate in its existing role. Shuttl and Chalo paint two contrasting images. While Chalo raised $40 million in its Series C funding round led by Lightrock India and Filter Capital earlier this month, Shuttl has been in a precarious position after it was devastated by the pandemic and had no choice but to reduce its workforce (something that has become very common over the past one-and-a-half year). The pre-pandemic period saw the startup present in Delhi NCR, Kolk

As Facebook, which may rebrand itself soon, is reeling from the lashback caused by the whistleblower and the Facebook papers, it’s finances may be struggling a bit. The company missed the revenue forecast in Q3 2021, coming up short on the top end of expected revenue. After the announcement, the company’s shares rose by a slight margin. Facebook reported that it had clocked $29.01 billion in total revenue (a year-over-year increase of 35%), against estimates of $29.5 billion, and earnings per share of $3.22 (on a diluted basis), against estimates of $3.19 per share (a year-over-year rise of 19%). Additionally, Facebook’s daily active users (DAU) came at 1.93 billion (the same as the estimate) while its monthly active users (MAU) fell a little short of the estimated 2.93 billion to come to 2.91 billion. The average revenue per user came at $10, short of the expected $10.15. Facebook also reported an operating margin of 36% and an effective tax rate of 13% for the third quarter of the ye

Groww has been growing (pun intended) significantly in recent times (especially in the last 18 months, as more and more Indians have been exploring investments). Now, the company’s valuation has tripled to $3 billion in nearly six months (it was valued at $1 billion in April), after the wealth management and investment platform raised $251 million as part of its latest Series E funding round. The latest round was led by Iconiq Growth, and included participation from Alkeon, Lone Pine Capital, and Steadfast, as well as existing investors Sequoia Capital India, Ribbit Capital, YC Continuity, Tiger Global, and Propel Venture Partners. The five year old start-up, founded by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, is known to help users invest in mutual funds, futures, exchange-traded funds (ETFs), derivatives, stocks, and IPOs. It also provides tools for stock and portfolio analysis for investors and has millions of users on its platform. Additionally, 70% of its investor

Online taxation and fintech software provider Clear, formerly known as ClearTax, has raised $75 million in its Series C funding round,  led by Kora Capital. The round also included participation from Stripe, the US-based financial services and SaaS company, Alua Capital, Think Investments and several other existing investors. With this, Clear is valued at over $700 million. The funding round also marks the second investment by Stripe in the world’s second-largest internet market. According to Archit Gupta, co-founder, and CEO of the 10-year-old Clear, the proceeds from the funding round will be utilized towards accelerating its growth into the B2B credit and payments segments as well as increasing its footprint in the international markets such as Europe, Middle East and Africa (EMEA). For now, the startup will focus on the functions of the product, engineering, and design and hire 250 new members to the team in the coming months. It aims to serve more than 10,000 large enterprises and

The Indian edtech market is red hot at the moment, with players like Byju’s and Unacademy making huge acquisitions to draw out the growth brought along by the pandemic. There’s an abundance of startups offering high quality, recorded as well as live video lectures in the market, and thus, any new startup looking to enter the field has its work cut out. However, in the face of such massive competition, one year old Teachmint has continued to grow at a massive pace, and has now raised $78Mn in a funding round. The Series B round was led by  Rocketship.vc and Vulcan Capital, and saw participation from Learn Capital, CM Ventures, Lightspeed India and Better Capital. Moreover, new investors Goodwater Capital and Epiq Capital also pitched in. While in the same edtech market as Byju’s, Unacademy and Vedantu, Teachmint offers a very different product than its competitors. It allows teachers around the country to set up their own online schools with just a few clicks, thus bringing already well

Elon Musk, the Technoking of Tesla, has been playing a game of tag with his fellow billionaire Jeff Bezos, competing for the title of the richest man on Earth. However, it looks like he might have made a jump that is too big to cover up, as an order placed by Hertz Global Holdings Inc. for 100,000 Teslas has added $28.5Bn to Musk’s net worth, which now stands at $281Bn. In comparison, the second richest man on Earth-Jeff Bezos, has a net worth of $193 billion, according to the Bloomberg Billionaires Index. But how exactly did the CEO of Tesla, SpaceX and many other path defining companies manage to create such a wide gap among himself and other billionaires? First, the order led to a 9.8% increase in Tesla’s stock value, briefly pushing its valuation past $1Bn. 2/3rds of Musk’s net worth comes from stock options. However, there’s another reason for this gigantic rise in wealth. The seventh tranche of Musk’s massive 2018 stock option package vested in the third quarter, according to a r

Life, it seems, is not without its ironies. Months after its cyberattack on the Colonia pipeline (with its DarkSide encryption software) resulted in a shortage of gas along the US East Coast, the ransomware group REvil got a taste of its own medicine after it was hacked and forced offline by an operation that included the participation of several countries. REvil’s “Happy Blog” website, which leaked data of its victims to extort and blackmail companies, is no longer available. “The FBI, in conjunction with Cyber Command, the Secret Service, and like-minded countries, has truly engaged in significant disruptive actions against these groups,” said WMWare head of cybersecurity strategy Tom Kellermann. “REvil was top of the list.” How did REVil, which presented itself to be a major ransomware gang known to extort companies and coordinate cyberattacks, get taken down? Oleg Skulkin, Deputy head of the forensics lab at the Russian-led security company Group-IB, answered that question, “Ironic

The App Store and Play Store, while generating tons of revenue, have been the headache of both Apple and Google in recent times as they continue to face scrutiny for unfair policies and practices. In a bid to reduce the regulatory pressure on its Play Store, Google is walking down the same path as Apple and is lowering the commissions on all subscription-based businesses on the Google Play Store. Currently, developers must pay a fee of 30% to Google for the first 12 months before the commission rate is reduced to 15%. Now, subscription-based apps will be eligible to pay a fee of 15%, which is lesser than the earlier fee of 30%. According to Google, 99% of developers would now qualify for the lower service fee. “Ebooks and on-demand music streaming services,” which are part of its Play Media Experience Program, will also be “eligible” for a fee “as low as 10%. This will be effective from January 1, 2022. According to Google, the cheaper rate on ebooks and music streaming apps was becaus

Amazon Prime, one of the oldest and most popular subscription services in India, is going to face a price hike, 5 years after it entered the second largest internet market in the world. After the hike, the annual subscription will cost ₹1499, which is 50% higher than the ₹999 from before. Moreover, monthly and quarterly subscriptions will also cost more, coming at ₹459 and ₹179, up from ₹329 and ₹129 from before. “Since the launch 5 years ago in India, Prime has continued to increase the value it offers members. Prime provides an unparalleled combination of shopping, savings, and entertainment benefits to make life more convenient and entertaining every single day, and we continue to invest in making Prime even more valuable for customers,” an Amazon spokesperson said. The company has not announced when these price hikes will come into effect, but the spokesperson said that it will be very soon. Amazon Prime provides access to one day delivery on millions of products, as well as other

Good Glamm Group, the parent company of direct-to-consumer (D2C) beauty and personal care brand MyGlamm, has acquired ScoopWhoop, the Delhi-based digital media and lifestyle content platform, in an all-cash deal. The financial details of the deal were not disclosed. This also marks Good Glamm Group’s venture into the content-to-commerce segment in the men’s grooming category. It has already made several acquisitions this year, including commerce platform POPxo, influencer marketing platform Plixxo, BabyChakra, and The Moms Co. Good Glamm Group said that it plans to invest ₹500 crores in the $1.5 billion strong men’s grooming category, adding that it is building and buying brands that make male personal care products. For now, it will leverage its content-to-commerce capabilities to launch them online and offline across the country. The acquisition will enable the Good Glamm Group to generate an aggregate of 3.5 billion monthly impressions and have over 150 million unique users through

Facebook, in light of massive criticism surrounding its content policy, decided to offload the task to an Oversight Board. While this was done to take some pressure off of the social media platform, it looks like the plan might have backfired on the Mark Zuckerberg led company. According to the board’s first transparency board, Facebook has not been forthcoming with users about why their content is being removed. Moreover, it also says that even the board itself has been left in the dark in some cases. The report is a culmination of user requests over the fourth quarter of 2020, and the first two quarters of 2021. During this period, the board argues, Facebook did not has not been fully forthcoming with the board on its “cross-check” system. This system is what Facebook uses to review content decisions relating to high-profile users. However, the company has agreed to let the board review its system and make recommendations on how it can be improved. Over these three quarters, Facebook

Rebel Foods, the newly minted cloud kitchen unicorn , will be scaling up its partnership with global food and grocery delivery platform Foodpanda in order to expand on an international scale. The alliance between Foodpanda and Rebel Foods is not a new one – in fact, they had teamed up in December 2019. However, the sudden onset of the pandemic halted their plans. Now, several of Rebel Foods’ virtual restaurant brands such as Faasos, Behrouz Biryani, The Biryani Life, Lunchbox, and Honest Bowl (along with new ones – 10 online food brands in total) will be rolled out by Foodpanda in over 2000 outlets within Asia through an initial five-year partnership, starting in six markets. Foodpanda and Rebel Foods will have a new joint offering in Honest Bowl as well. This is the largest virtual brand partnership in Asia. Based on a brands-as-a-service (BaaS) model, this alliance will allow Foodpanda’s restaurant partners to plug-and-play Rebel Foods brands, as well as earn additional revenue. Rebe

Tesla continues to be on top of the automobile game after its blockbuster sales (driven by its Model Y and Model 3 electric vehicles) led the EV company to a record profit in the third quarter of the year. According to the third-quarter earnings and shareholders letter for Q3 2021, Tesla clocked a net income of $1.62 billion in the the quarter. This comes as Elon Musk’s Boring (his infrastructure and tunnel construction services company) got the green light to expand its Vegas Loop throughout the city and offer a new transit solution (via Tesla vehicles through a network of tunnels) in Las Vegas. Now, the Loop will include 29 miles of tunnels and 51 stations. This is the second time the company’s revenue surpassed the $1 billion mark in a single quarter and is a big increase from the $331 million it had clocked in the same period in 2020. Its stock dropped by 1.5% after hours. Tesla produced a record 237,823 EVs and delivered 241,391 electric vehicles in the third quarter, 96% of which

In today’s world, innovation and evolution are the keys to success. With growing scrutiny around ad tracking, companies like Facebook and Twitter are being forced to innovate and find alternate sources of revenue. While Facebook is betting big on the metaverse concept , Twitter has taken a different approach. Twitter has had a busy 2021 so far. It offers a micro-blogging site for users across the globe and has been working to expand its offerings and become a more comprehensive connection tool as well. In pursuit of this goal, it acquired newsletter platform Revue and web reader platform Scroll earlier this year and rolled out Spaces to rival Clubhouse. Now, marching forward on its expansion plans, the company has acquired Sphere, the London-based eponymous group chats app, in order to bolster its Communities. The acquisition could help create another topic-focused engagement space on Twitter and boost Communities, making it a more engaging place. The financial details of the deal have

WhatsApp might have started off as a messaging platform, but as is the case with every Facebook (or whatever it might rebrand itself into) owned company, it has become so much more over the past years. Today, you can make payments right in your WhatsApp chat, as well as shop for products. The company has been betting heavy on its Shops feature, and now, it is introducing a better way for owners to organize their offerings. WhatsApp will be launching a ‘Collections’ feature, allowing WhatsApp Shops to set up categories for items in their catalogue. Thus, a restaurant can now create separate ‘collections’ for entrees, main course, desserts, etc., while an electric appliances store can create categories like TVs, ACs, Refrigerators and more. “We want to make WhatsApp the best way for people to shop for goods and services and for businesses to connect with their customers, which is why we are making it easier to see what a business offers on WhatsApp,” the company said in a statement. Wha

Facebook, the king of the social media market, continues to grow quarter over quarter. However, such growth comes at a price, and the firm continues to face the scrutiny from regulators across the world. As it reportedly plans to change its company name, the social media giant – which aims to transition into a “metaverse company” – has been fined £50.5 million ($69.6 million) by the Competition and Markets Authority (CMA). Britain’s competition regulator fined Facebook for breaching an order which was imposed during its investigation into Facebook’s purchase of Giphy, the popular GIF platform. Facebook has been found to be deliberately withholding information related to the investigation. “We warned Facebook that its refusal to provide us with important information was a breach of the order but, even after losing its appeal in two separate courts, Facebook continued to disregard its legal obligations,” Joel Bamford, senior director of mergers at CMA, said. “This should serve as a warn

Ever since Mark Zuckerberg first came out with the announcement of the Facebook metaverse, the company has been pushing on all cylinders. It has already announced plans of hiring 10,000 people within the European Union over the next five years to bring this vision to life and has a dedicated team that is working on the metaverse exclusively. In fact, Facebook CEO Mark Zuckerberg expects Facebook, the undisputed king of social media, to transition from a social media company to a “metaverse company” in the future. Thus, it comes as no surprise that in pursuit of this goal, Facebook has reportedly decided to go for a rebrand and change its company name to something that will reflect its focus on building the metaverse, according to a report by The Verge . The new name shall be unveiled at Facebook’s annual Connect conference on October 28, the report states. However, there’s a chance that the announcement could come earlier as well. The rebranding will likely place the main platform ‘F

Google’s event on October 19 unveiled more than the Pixel 6 and the Pixel 6 Pro – it also revealed the all-new Pixel Pass, Google’s answer to Apple’s iPhone subscription plan. The all-in-one subscription service includes YouTube Premium (which excludes the annoying ads), YouTube Music Premium, 200GB storage on Google One, Preferred Care coverage in order to cover screen repairs, replacements, and accidental damage coverage for an additional year, and Google Play Pass, offering a free selection of apps and games without in-app purchase or ads. Coming at $45 per month for the Pixel 6 and $55 per month for the Pixel 6 Pro, the Pixel Pass also allows users to purchase a Pixel smartphone for low monthly installments instead of paying a lump sum for it. According to Google, those who subscribe to Pixel Pass will be eligible for an upgrade after two years. You can purchase the subscription via Google Fi, as well as the Google Store. The waiver of $5 off users’ monthly Google Fi plan (which co

October 2021 continues to unveil surprises – 24 hours after Apple “unleashed” the new MacBook Pro , AirPods 3 , and the M1 Max and M1 Pro chips , Google now brings to you the latest additions to its Pixel family – Google Pixel 6 and Google Pixel 6 Pro. The devices have been at the epicenter of numerous speculations and rumors (courtesy of the leaks and teasers) and were unveiled tonight at Google’s “Pixel Fall Launch” event. What do the two devices bring to the table? They are the first ones to be powered by Google’s custom Tensor silicon SoC, which has been built to enhance Machine Learning (ML) and Artificial Intelligence (AI) capabilities on the new devices. It allows the phone to process more information on the device itself instead of sending it to the cloud. The Tensor chip is a game-changer and will be optimized for efficiency. In fact, the chip is said to make the Pixel 6 80% faster than the Pixel 5, which runs on Qualcomm’s Snapdragon 765G chipset and Google’s Titan M2 securit

After the horrors of 2020, 2021 has been a bountiful year as Indian startups have grown like never before. This has led to the revival and growth of the startup industry, led by sectors such as edtech, fintech, and others. Even as we are at the end of the year, the digital payments sector continues to grow, and the data presented by PhonePe’s second edition of the Pulse report for Q3 2021 has shown just that. PhonePe is a giant in the digital payment sector in India. It processes 45% of all UPI transactions in India and covers 720 out of the country’s 726 districts. According to the report, which is based on PhonePe’s 32-crore user base and their digital transaction habits, the growth of the digital payments sector in the third quarter of the year has been spearheaded by Chinese firms – in fact, four of the top five smartphone brands used for digital transactions hail from China. Xiaomi leads the way with 8.07 crore customers, followed by Vivo, which has 6.53 crore customers. South Kor

iPhone 13 comes with a side key and not a power key. What it means is that, holding the side key launched SIRI instead of power menu. So how to power off or restart iPhone 13. Here is the quick tutorial. This post covers the ways to switch off, restart and force restart iPhone 13 […] The post How to Turn off iPhone 13- 2 Ways appeared first on Tech2Touch . https://ift.tt/2snJPF6 Click the link below to Subscribe via email .. https://ift.tt/2FOLq9L

Yesterday, we reported that Indian startups raised over $10 billion in the third quarter of the year, which is a record in itself. Now, as the final quarter of 2021 has started, it looks like things are far from over as fintech start-up CRED has now raised $251 million in its Series E funding round, co-led by Tiger Global Management and Falcon Edge Capital, putting it at a valuation of $4.01 billion. The funding round also included participation from London-based Marshall Wace and Steadfast Venture Capital as well as existing investors DST Global, Insight Partners, Coatue, Dragoneer, and Sofina. CRED was last valued at $2.2 billion back in April. Thus, this is a sign of the unprecedented growth of the Indian startup ecosystem this year. CRED itself has raised over $500 million from investors in the last 12 months. CRED caters to some of the most premium audiences and offers a range of premium brands. The three-year-old startup aims to use the proceeds from the funding round to expand

While Apple did not create the truly wireless earphones category, its AirPods did take it mainstream. The company has managed to create huge hype among its wireless earphones, and while there have been numerous updates to the AirPods lineup, the base AirPods themselves have not seen any major changes for quite some time. Well, that ends now. During its Unleashed event, Apple announced AirPods 3, the latest version of its wireless earphones, adding a revamped design, better battery life and much more. With this new launch, the Cupertino tech giant is looking to blur the lines between AirPods and AirPods Pro, which is reflected in the earphone’s design. Apple has designed the new earphones with a shorter stem, something that is akin to the Pro Model that we have come to know and love. Moreover, as opposed to previous leaks, the ear pods do not have a silicone tip. The charging case adopts a similar design as AirPods Pro, albeit slightly wider than the previous model. Apple has also annou

Apple has been boasting about its in house silicone chipsets for a couple of years now, and for good reason. The company’s chips have provided a major bump in power for all of its devices, and the 5nm process has pushed the industry to push forward and come up with the next generation of chipsets. However, Apple is far from content, and today, it has launched two new chips-M1 Pro and M1 Max, offering the most powerful performance on an Apple device till date. The M1 Pro comes with 33.7 billion transistors, followed by the M1 Max, which has 57 billion transistors. M1 Pro has a 16 core neural engine, up to 10 core CPU and 16 core GPU. With this, it promises up to 32GB of unified memory. The M1 Max, has the same number of neural engine and CPU cores, while doubling the GPU cores to 32 cores. It also offers 64GB of unified memory. With all of this, the M1 Pro offers 200GB/s memory bandwidth, while the M1 Max offers 400GB/s. The M1 Pro can support two displays, while the M1 Max can be used

Apple launches the new iPhone 13 lineup in September, and while that is usually the biggest launch from the company every year, many, including myself, kept waiting for one highly anticipated product – the new MacBook Pro. However, that announcement never came, which left some people disappointed. Now, a month after the California streaming event, Apple’s second event of the season is here, and with that comes, you guessed it-the new MacBook Pro. The 14-inch and 16-inch MacBook Pro models have been redesigned and will be powered by the new M1 Pro and M1 Max chipsets. The silicon chips build on the technology introduced with the M1, and feature a 10-core CPU with eight high-performance cores and two energy-efficient cores. The M1 pro comes with a 16-core GPU, whereas the M1 Max GPU is equipped with 32-cores. These can be a game-changer, given that the M1 is already a very capable processor. This also marks Apple’s shift away from Intel, which has made chips and processors for the iPhone