#Africa Zimbabwean hub Hypercube to close due to lack of funding

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Zimbabwean tech hub Hypercube has announced it will be closing its doors at the end of this year having failed to secure the necessary funding to continue operations.

The growing debate around hub sustainability will only be heightened by the announcement from the Harare-based Hypercube, which opened in November 2013.

Hypercube said that in spite of its board of trustees “tirelessly working around the clock” for the past 11 months in search of the funding that would enable the hub to continue, it had failed to raise the sufficient capital. It will now close on December 31.

“The truth is that Hypercube has been facing challenges for quite some time including ensuring we had the right team to execute our mandate, underestimating the turbulent Zimbabwe economy, failure in implementing adequate policies and procedures to support our growth, significant delays in the little income we were receiving to cover operational expenses, and adapting our business model quickly enough to reflect the realities of the Zimbabwe marketplace,” the hub said.

The team expressed its appreciation for the offered to Hypercube over the past two years, which have seen over 1,500 people pass through its doors since its inception.

“Hypercube would especially like to thank the community who have supported the establishment of a space that facilitated for learning and knowledge exchange among a community of technology enthusiasts and young entrepreneurs in Zimbabwe,” the hub said.

It said it was particularly proud of the 75 active, participating and registered members who called Hypercube their home, and the co-working space it created for young entrepreneurs and developers. Road Rules, winners of the 2014 AMPION Venture Bus competition in Southern Africa, were commended for their progress, as was the hub’s first incubated startup uHealthZim.

Although Hypercube said it was disappointed to be closing, it said it firmly believes the Zimbabwean tech community is in good hands, mentioning the likes of Muzinda Hub, Emerging Ideas, iZone Hub, Moto Republik, Stimulus, Gi-Hub, Young Africa, Neolab Technology, SkyHub, Area 46 Harare, Innovation Baraza and The Hub VBF as evidence of this.

“We truly hope and encourage our community to consider one or more of these incredible other hubs as your new homes.”

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#Asia 6 social enterprises that want to change the world

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They graduate from Singtel’s five-month long Enabling Change incubator run by UNFRAMED, a launchpad for social-impact startups

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Six social impact startups pitched today to investors as they graduate from a social impact tech incubator programme run by UNFRAMED and prepare to launch their solutions in the market.

The startups underwent five months of training and mentorship and were each given S$10,000 (US$7000) of seed funding by programme partner Singtel to help them “accelerate their impact by leveraging technology to tackle social challenges faced by the disabled community”.

“The solution that my team came up with allows PwD (Persons with Disabilities) waiting staff to track customer orders more easily and, in the process, improve customer service. Through our technology, we are opening the doors for PwD to be gainfully employed in the F&B sector,” said Aaron Soon, the Founder of BevEat, a startup that recently trialled an app allowing students with intellectual and communication disabilities to process customer orders at a café by colour coding them.

Explaining the raison d’être for the incubator, Larry Tchiou, serial social entrepreneur and Founder of UNFRAMED, said, “Despite the recent explosion of social enterprises, the general lack of community focus and adapted support for very early-stage initiative prevent many promising social innovations from achieving a real positive impact. Through our partnership with Singtel, we were able to help these startups shape their solutions to benefit PwD, by providing them with initial funding, coaching, and mentorship to help increase their success rate.”

Also Read: DBS Foundation awards grants to 11 social enterprises

Meet the six startups

1. AbleThrive

AbleThrive is a one-stop platform curating articles, videos, products and services for living well with a disability from people, organisations, hospitals and companies around the world.

It structures and simplifies the pathway to access these resources online, replicating the proven benefits of mentoring and local support. It customises resource delivery with user-centric design, responsive to the needs and interests of each user. This accelerates knowledge transfer while maximising the reach and impact of existing resources.

No more relying on luck, hours of searching or misinformed assumptions; only strategic, efficient and predictable empowerment to live well with a disability.

2. Be-Lift

Be-Lift is an events portal that seeks to assist PwD regain control of and redefine their lives through their own choice of programmes and activities for their rehabilitation.

Through Be-Lift’s integrated one-stop activity portal, PwD can explore adapted activities meaningful to them (e.g. sports, music, arts), find buddies to try out new activities with, and generate their own profiles to demonstrate their abilities.

Be-Lift’s point of intervention begins from the in-patient experience through to community support post discharge. Partners range from rehabilitation centres such as TTSH Rehab Centre to community organisations such as Table Tennis Association for the Disabled (Singapore).

3. BevEat

BevEat is a fully-integrated eWallet and mobile point of sales (POS) solution that helps the F&B and retail sectors to increase productivity while enabling employment for PwD with physical, communication and intellectual disabilities such as deafness and Down’s Syndrome.

Supported by key partnerships with special education schools such as Mountbatten Vocational School, BevEat’s POS system has proven to work well with PwD. BevEat also facilitates self-service ordering and payment, addressing labour shortages.

With an ongoing pilot at a major tertiary institution, BevEat aims to become the payment system of choice – by enabling employment of PwD and ploughing 22 per cent of its profits back to charity.

4. Colhero

Colhero is an online fashion aggregator that aims to bridge the gap between welfare and commercial products in terms of product awareness – just one website to remember to shop all of your favourite sites with the option to contribute back to the society.

Colhero brings together all fashion products from e-commerce sites across the Internet, including the welfare products into one single platform. In addition, it collates all updates and discounts from all these sites into one place, curated based on user preferences.

Customised and personalised to suit your fashion shopping styles, Colhero makes your online shopping even more convenient and interactive.

5. PsychKick

PsychKick is a mobile platform that is transforming psychotherapy by integrating new technology with traditional approaches – the sidekick for individuals battling mental conditions.

A digital tool to assist in treatment, PsychKick aims to strengthen engagement and foster relationships between psychotherapists and their clients in between sessions.

Structured from the most practiced therapy approach, clients are able to experience effective Cognitive Behavioural Therapy (CBT) and receive treatment better and faster.

6. (these)abilities

(these)abilities aims to “Disable Disabilities” by designing and building products that level the playing field for Persons with Disabilities (PwD) at work, at home and during play.

Its products are designed together with PwD using high and low tech, design thinking, and community engagement. They apply the principles of universal design – meaning they can be used by everyone, not just PwD.

It focusses on accessibility to technology in terms of cost and attainability (availability and existence), inclusion and empowerment of PwD in effective problem solving, and advocacy to help bridge the disconnect between disability and the public.

Also Read: Software with a heart: Start Now is first SG social entrepreneur exit

Image Credit: Shutterstock

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#Asia Mohandas Pai, Aarin Capital lead US$500K pre Series A funding in Wigzo

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Wigzo allows brands and marketers to personalise communications across multiple channels including email, Facebook and Google Ads from a single dashboard

The Wigzo team

The Wigzo team

Delhi-based Wigzo, an enterprise marketing automation suite, has announced raising of US$500,000 (INR 3 crore) in pre-Series A round of funding, led by Aarin Capital Partners and Manipal Global Education Chairman TV Mohandas Pai.

AdvantEdge Partners, Singapore Angel Network, Sachin Bhatia (CEO & Co-founder of TrulyMadly and MakeMyTrip), Kunal Khattar (‎serial entrepreneur and angel investor) and Akshay Garg (Co-founder of Komli Media), besides ah! Ventures also participated in the round.

Wigzo will use the money to expand team and build out delivery channels, including mobile, email and the web.

Also Read: India’s online marketplace for chefs Bite Club gets pre Series A funding

In the coming months, Wigzo also plans to aggressively improve its algorithms, work on industry-specific requirements in terms of Machine Learning communications, deepen its APAC market penetration and provide customised solutions to the content, media, e-commerce and BFSI sectors to scale its SaaS model.Wigzo

Wigzo was founded in 2013 by Umair Mohammed, Himanshu Kaushik, Shamail Tayyab and Vikrant Khushu. It is an enterprise marketing automation suite built on top of Machine Learning algorithms and a predictive engine.

The suite allows brands and marketers to personalise any form of communication across multiple channels, including email, push, browser push as well as Facebook and Google Ads from a single dashboard.

Wigzo enables a brand to understand and communicate with its customers on a one-on-one basis by creating personalised content, based on context and usage patterns of the user, across all customer touch points from a single, integrated digital marketing platform without changing service providers.

Also Read: India’s online education marketplace CollegeDekho raises US$1M

“Larger organisations have built excellent engagement channels with their subscribers using a data-driven approach. We want to take the same capabilities to all online businesses, irrespective of their size and scale, and allow them to leverage our Machine Learning capabilities and predictive technology to hyper-personalise to each individual user,” said Mohammed who is also CEO of the startup.

Wigzo had earlier raised US$100,000 in seed funding led by Nikunj Jain, Outbox ventures and Ritesh Malik of Guerrilla Ventures.

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#Asia [Video Podcast] Michael Talks Tech with e27, LINE, MOXY and more

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Also to join investor and interviewer Michael Waitze on the show are Wishbeer, Pyco Group, Hub.IT, ProMandate and Kasikornbank

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Michael Waitze (right) interviews LINE Thailand MD Ariya Banomyong

At our two-day conference Echelon Thailand 2015, you may have spotted a selection of high-profile speakers lounging back and being interviewed by Michael Waitze. Besides founding Metaliq Growth Partners, Waitze is also behind the video postcast Michael Talks Tech where he chats about startups, venture capital and technology, among other things, and picks the brains of industry heavyweights.

In this very special edition, Waitze interviews e27’s own Co-founder and CEO Thaddeus Koh; Ariya Banomyong, MD of LINE Thailand; Harprem Doowa, CEO of MOXY Thailand; Jerome Le Louer, Founder and CEO of Wishbeer; Michael Goossens, CSO of Pyco Group; Bobby Liu, Founder of Hub.IT; Patrick Monaco-Sorge, CEO and Co-founder of ProMandate; and Teeranun Srihong, President of Kasikorn Bank.

Watch it below (we suggest you save this for your weekend coffee):

The post [Video Podcast] Michael Talks Tech with e27, LINE, MOXY and more appeared first on e27.

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#UK Apple CEO Tim Cook is going to receive the same award that Taylor Swift was once given (AAPL)

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tim cook

Apple CEO Tim Cook is to be awarded the “Ripple of Hope” Award from the Robert F. Kennedy Human Rights organisation for his commitment to social change, Re/Code reports

The award has previously gone to President Bill Clinton, Archbishop Desmond Tutu, singer Taylor Swift, actor George Clooney, Hillary Clinton, and Vice President Al Gore.

Cook will be recognised alongside Evercore co-founder Roger Altman, Democratic Representative John Lewis, and UNESCO Ambassador Marianna Vardinoyannis. 

The foundation, which also distributes awards for journalism and literature, describes it as “lauding leaders of the international business, entertainment, and activist communities who demonstrate commitment to social change and reflect Robert Kennedy’s passion for equality, justice, basic human rights, and his belief that we all must strive to ‘make gentle the life of this world.'”

Cook has taken public stances on big issues, including gay rights. In an open letter published by Bloomberg, Cook came out, stating that “if hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it’s worth the trade-off with my own privacy.”

Apple, lead by Cook, has also become an advocate for equal rights, publicly opposing Indiana’s hiring laws. “At Apple, we try to make sure people understand that they don’t have to check their identity at the door,” Cook wrote in The Wall Street Journal. “We’re committed to creating a safe and welcoming workplace for all employees, regardless of their race, gender, nationality or sexual orientation.” 

Cook will receive the award on December 8. 

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#UK Eurozone unemployment falls to 10.7 percent in October: Eurostat

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The European Union's Eurostat agency said unemployment in the 19-country single currency bloc fell to 10.7 percent in October from 10.8 percent in September

Brussels (AFP) – Eurozone unemployment in October slipped to its lowest level since January 2012, official data showed on Tuesday, beating analyst expectations and confirming a slow recovery in Europe’s job market.

The European Union’s Eurostat agency said unemployment in the 19-country single currency bloc fell to 10.7 percent in October from 10.8 percent in September. 

Economists surveyed by the Factset data company had forecast no change in the jobless rate over the period.

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#UK Blank spaces replace NYT article on flagging Thai economy

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The December 1, 2015 Asian edition of the International New York Times printed in Thailand carries a blank space on its front page after the printer removed a piece on the moribund state of the kingdom's economy

Bangkok (AFP) – The International New York Times said its printer in Thailand removed an article on the moribund state of the kingdom’s economy Tuesday, forcing the edition to carry blank spaces including on the cover.

It was the second time in 10 weeks that the paper has said its local printer declined to run an article, in a country where media freedoms have been increasingly curtailed since last year’s military takeover.

Tuesday’s newspaper was supposed to run a report headlined “Thai economy and spirits are sagging” that explored the junta’s inability to jump-start the flagging economy.

It also touched briefly on succession concerns surrounding 87-year-old King Bhumibol, the world’s longest serving monarch who is revered but ailing.

Instead chunks of the front page and page six were blank and carried the sentence: “The article in this space was removed by our printer in Thailand. The International New York Times and its editorial staff had no role in its removal.”

A spokeswoman for the paper gave the same reply when asked for comment by AFP.

Eastern Printing PCL, the paper’s Thai printer, did not comment on why it pulled the piece when contacted by AFP. The article was still accessible online in Thailand. 

– Media clampdown –

On September 22 Eastern Printing failed to publish the entire newspaper because the Asia edition featured a detailed front-page article on the health of King Bhumibol, a hugely controversial topic in Thailand.

That story also discussed anxieties over the succession.

Crown Prince Maha Vajiralongkorn, who does not enjoy his father’s widespread popularity, is next in line for the throne.

The monarchy is shielded by one of the world’s toughest lese majeste laws and prosecutions have surged since the military coup.

The media routinely self-censors when reporting on the monarchy for fear of falling foul of the broadly-worded law, which carries up to 15 years in jail for each count of insulting the king, queen, heir or regent.

Tuesday’s piece was centred on the stuttering economy in Thailand, which has one of the lowest growth rates in Southeast Asia. The country is blighted by high household debt, low consumer confidence and disappointing exports.

Since toppling a democratically elected government in May 2014, Thailand’s generals have stamped down on critical media.

But some criticism does take place. On Tuesday English-language newspaper The Nation ran a rare editorial strongly criticising the lese majeste law.

“The law is clearly not being applied equitably or in the spirit with which it was promulgated,” the paper said, adding it was “too often abused for political ends”.

The editorial came as a court on Tuesday sentenced a 60-year-old man to six years in prison on a lese majeste charge for distributing pamphlets at a rally eight years ago.

In 2005 King Bhumibol said in a landmark speech that even he was not above public criticism. 

Last month the International New York Times said it would cease printing in Thailand altogether by the end of the year, citing rising production costs.

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#UK Eurozone unemployment just dropped to a 4-year low — and Germany’s jobless rate has never been lower

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Oktoberfest beer

Eurozone unemployment dropped to a four-year low last month, with a better rate than analysts expected.

Unemployment fell to 10.7% from 10.8%, leaving it at the lowest level since the end of 2011, during the midst of the crippling euro crisis.

German unemployment actually slumped to a record low, at 6.3% — the lowest rates since the country was reunified at the end of the Cold War.

When the statistical method for calculating jobless numbers harmonised with other European countries, the unemployment rate is even lower at just 4.5%.

Though the figures for the eurozone are still high overall, they’re down from 12.2% in mid-2013, a decline of 1.5 percentage points in a year and a half.

The eurozone is recovering, but it’s taking its sweet time about it. Since emerging from recession in the middle of 2013, growth has averaged just 0.3% per quarter, a pretty slugging pace, and less than half the pre-crisis average rate.

Growth seemed to be accelerating up to the beginning of this year — Q2, Q3 and Q4 of 2014’s growth figures came in at 0.1%, 0.3% and 0.4% respectively, followed by the 0.5% burst during Q1 this year, when the European Central Bank announced QE. But the pace has now moderated again — falling to 0.4% and 0.3% respectively in Q2 and Q3 this year.

Much of southern Europe still has extremely elevated growth rates. Unemployment is still over 20% in Spain, despite the country’s relatively rapid recovery.

And there’s still a handful of eurozone countries where unemployment is stubbornly hard to shift — France’s rate actually rose from 10.5% to 10.7% when compared to the same month in 2014.

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#UK Police are investigating the men who handed ‘fat-shaming’ cards to women on the London Underground calling them ‘ugly’

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The police are investigating a group of men on the London Underground who are allegedly handing women cards telling them that they are “fat” and “ugly.” 

The cards, handed out by a group calling themselves Overweight Haters Ltd, were first reported on Twitter on Monday afternoon, when Kara Florish, a 30-year-old who lives in Southend, posted a picture of the card she was given.

In it, overweight people are blamed for using up an “enormous amount of food resources” and told that they are worse than pigs, which are described as “[sic] beatiful”.

Florish said in a Facebook post that she was not offended, but that the cards could cause huge offence to others. “I am not upset myself,” she explained. “I am smaller than the national average and not exactly obese, but this is hateful and cowardly and could potentially upset people struggling with confidence and eating disorders.”

At first it wasn’t known if the cards were real, but after another Twitter user, Sean Thomas Knox, reported seeing a woman handed one of the cards while on an underground train at Oxford Circus station, before a man then jumped off the train before it departed.

British Transport Police said in a tweet on Monday afternoon they were “aware” of the cards, and encouraged anyone given one to contact them. It hasn’t been confirmed if handing out the cards, or anything on them is actually illegal.

While it seems that the cards are real, it is not known how many have actually been given out. A Twitter search shows that other than the reports from Florish and Knox, no one else has mentioned being handed a card. Considering that Florish’s original tweet has been so widely shared, it might be expected that more people would have reported being given a card if they are being widely distributed.

Regardless of how legitimate the cards from Overweight Haters Ltd are, and how many they’ve given out, Twitter users were quick to condemn the “fat shamers,” and some of the tweets were pretty funny.

Business Insider will update this story as and when we get more information about the alleged fat shamers.

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#UK Drake is Spotify’s most streamed artist of the year globally

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NEW YORK (AP) — Spotify users are clearly listening to Drake. The rapper was the most streamed artist of the year globally.

Spotify announced its end-of-the-year list Tuesday and said Drake earned 1.8 billion streams in 2015. Rihanna was the year’s most streamed female performer with 1 billion streams, while Major Lazer’s ubiquitous hit, “Lean On,” was the most streamed song of the year with 540 million streams.

The Weeknd’s breakout album, “Beautify Behind the Madness,” was the most streamed album of the year, beating Drake’s “If You’re Reading This It’s Too Late,” which was No. 2.

Ed Sheeran, who was the top streaming artist last year, is second behind Drake. The Weeknd, Maroon 5 and Kanye West round out the top five.

In the United States, Drake topped the list of most streamed artists, followed by the Weeknd, West, Sheeran and Eminem. Drake’s “If You’re Reading This” also topped the U.S. albums list, while Fetty Wap’s “Trap Queen” was the most streamed song in America.

In Spotify’s all-time lists, Sheeran is the most streamed act with more than 3 billion streams; Justin Bieber has the record for most streams in a day with 36 million streams; and Major Lazer’s “Lean On,” which features MO and DJ Snake, is the leading song.

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Online:

http://www.spotify.com

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