News

Yela Secures Over $2M To Connect Fans & Celebrities Via Video Messages

Yela gives you access to personalized video messages from your favorite A-list celebrities from around the MENA region.

Published

3 years ago

August 14, 2021

Joanna Melki

Yela

Yela, a platform that aims to connect fans and celebrities via personalized video messages, has secured $2.2 million from global investors to support its launch in its first pre-seed round of funding.

The list of investors includes Justin Mateen (co-founder of Tinder), Sean Rad (co-founder of Tinder), and Razmig Hovaghimian (a board member at Rakuten). The creators of the platform, Alex Eid and Marc Dakroub, claim that they’ve been able to secure the backing of such high-profile investors by offering exclusive access to A-list celebrities, including Amr Diab, Haifa Wehbe, Youssra, Ahmed El Sakka, Mohamed Henedy, Chico, Ghada Addel, Amr Youssef, and Mostafa Shaban, just to give a few examples.

Yela differs from its main competition, American video-sharing website Cameo, by targeting the MENA and South Asia market, whose population is relatively young and tech savvy.

“We’re differentiated in the region we cover, the type of creators we are onboarding, and the audience we are targeting,” said Yela CEO Alex Eid. “Also, the team is made up of second- and third-time venture backed entrepreneurs, with a passion for the product.”

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Because Yela is currently in private beta, users are required to join a waiting list to get early access and unlock rewards. The first 5,000 users were able to secure priority access to the platform and get $100 worth of credits as a bonus. Now, up to 10,000 users can get only $40 worth of bonus credits. Supported payment methods include Visa, Mastercard, American Express, and PayPal.

Platforms like Yela can be seen as products of the ongoing monetization of human interactions, which has been made possible by the internet and online payment methods. Their usage has increased significantly during lockdowns, likely as a result of people craving social interactions and being more willing to pay for them.

News

Samsung Galaxy Ring Wearable Will Launch In Eight Sizes

A recent Korean report reveals the model numbers of the new health tracking device, as well as details of its key features.

Published

3 days ago

April 25, 2024

Nour Nasir

samsung galaxy ring wearable will launch in eight sizes

The global launch of the Samsung Galaxy Ring is hotly anticipated, with details about the next-gen wearable gradually emerging since the company’s teaser announcement back in January. Now, a report has also unveiled the model numbers for the device, suggesting it will be available in eight different sizes.

While Samsung has yet to divulge detailed specs and features of the Galaxy Ring, it’s likely to feature an array of health and sleep monitoring functionalities, while boasting a battery life of up to nine days on a single charge.

As per a Galaxy Club report, there are currently eight confirmed variants of the Galaxy Ring: SM-Q500, SM-Q501, SM-Q502, SM-Q505, SM-Q506, SM-Q507, SM-Q508, and SM-Q509.

However, the mystery shrouding two absent model numbers persists, leaving speculation as to whether they signify additional sizes or if Samsung plans to unveil a later ninth variant of the ring, as previously hinted. There’s conjecture that these models may correspond to US ring sizes 5 and above, commencing with the SMQ500, with subsequent numbers potentially indicating larger ring sizes, possibly reaching up to size 13, aligning with model number SM-Q509.

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Recent Korean reports have shed light on how Samsung’s Mobile eXperience division (MX) collaborated with the Home Appliance department to integrate Samsung Food with the Galaxy Ring: Tailored for daily activity tracking, the Galaxy Ring, when paired with Samsung Food and an intelligent Samsung refrigerator featuring AI vision, delivers personalized dietary guidance based on calorie intake and BMI.

Samsung is banking on the user-friendly interface and high durability of the ring to redefine the healthcare wearables landscape. Meanwhile, Apple is also making strides in the development of a smart ring, aimed at monitoring users’ health biometrics discreetly when worn on the finger. According to the Electronic Times report, Apple has been closely monitoring market interest in this more inconspicuous alternative to a traditional watch.