TechTaffy

tech:

taffy

China Telecom Launching YiChat Social Messaging App For Smartphones

By TechTaffy Desk

China Telecom and NetEase have established a joint venture, which is launching ‘YiChat’, a proprietary social instant messaging application for smartphones.

YiChat users can send free text/voice messages to any mobile phone or free voice messages to fixed lines, without the need for YiChat to be installed on the receiving devices.  YiChat also offers proprietary environmental noise reduction technology, and photo messaging.

All China Telecom users will enjoy additional free data promotional packages with their use of YiChat.

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.