Good morning, tech fam; here are some quick tech updates for you to catch up to!
What’s New Today: Qualcomm is readying its Snapdragon 8s Gen 4 chipset for launch in April 2025, featuring a strong core setup expected to top 2 million on AnTuTu scores.
Fast-Track Insights: French fintech Pennylane has secured €75M in funding to grow its e-invoicing and accounting platform for European SMEs and startups.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Snapdragon 8s Gen 4 and Pennylane’s big raise to hiring controversies and tech in cricket.
Qualcomm is set to launch the Snapdragon 8s Gen 4 SoC in April 2025. This chipset features a 1+3+2+2 core configuration, including a 3.21GHz Cortex-X4 prime core, three 3.01GHz Cortex-A720 cores, two 2.80GHz Cortex-A720 performance cores, and two 2.02GHz Cortex-A720 efficiency cores. It is expected to score over 2 million points on AnTuTu benchmarks. The iQOO Z10 Turbo Pro and Redmi Turbo 4 Pro are anticipated to be among the first smartphones to incorporate this new chipset.
French fintech Pennylane has raised €75 million to advance its e-invoicing and accounting platform for SMEs and startups. This funding aims to accelerate the development of new features and support strategic acquisitions, reinforcing Pennylane's position as a leader in European e-invoicing solutions. The platform currently serves over 2,000 accounting firms and 120,000 businesses.
A leaked hiring memo has ignited controversy by revealing stringent recruitment criteria favoring graduates from top-tier universities like MIT and Stanford, while blacklisting employees from major tech companies such as Infosys, TCS, Wipro, and Cognizant. The memo also discourages applicants from consulting backgrounds or those lacking startup experience, sparking debates over elitism and discrimination in hiring practices.
Smart gadgets, such as IoT-enabled bat sensors and microchipped balls, are revolutionising cricket by providing beginners real-time performance data. These technologies offer insights into bat speed, ball impact location, and shot power, enabling players to refine their techniques effectively. This integration of technology makes the sport more engaging and accessible for newcomers.
CLS Global, a UAE-based cryptocurrency financial services firm, has agreed to plead guilty to charges of market manipulation and wire fraud. The firm admitted to engaging in wash trading to inflate artificially the trading volume of a digital token created by the FBI as part of an undercover operation. As part of the plea agreement, CLS Global will pay $428,059 in fines and forfeitures and will be prohibited from participating in U.S.-linked cryptocurrency transactions.