News

Confirmed: Apple’s October Event Will Take Place Next Week

Apple will likely announce two new MacBook Pro models, a high-end Mac Mini, and third-generation AirPods.

Published

3 years ago

October 15, 2021

David Morelo

Apple

Not much time has passed since the last Apple event, and another one is already right around the corner. Apple has recently confirmed that its next hardware event will take place next week, on October 18th, at 1:00PM ET / 10:00AM PT.

Called “Unleashed,” the upcoming event was teased on Twitter by Apple marketing executive Greg Joswiak. Let’s take a look at the most likely announcements Apple will make:

New 14- & 16-Inch MacBook Pro Models: According to available information, the stars of the show will be two new MacBook Pro models with an Arm-based processor called the M1X. The new processor is expected to have ten CPU cores and 16 or 32 GPU cores, giving it a substantial performance boost over the already admirably powerful M1 chip that debuted last year. The new MacBooks will likely use mini-LED display technology and offer more connectivity options.
High-End Mac Mini: The new M1X processor may appear in one additional product: a high-end Mac mini aimed at power users who edit high-definition video, produce music, develop software, and do other demanding tasks on their computers. Additional ports compared to the current M1-powered Mac mini are to be expected, and Apple might even use the same magnetic power plug that doubles as Ethernet cable the new M1 iMac users.
Third-Generation AirPods: Everyone was expecting Apple to announce the third-generation AirPods during the last event, but that didn’t happen. As such, it’s almost certain that we’ll finally get to see them next week. Their design is anticipated to be similar to the AirPods Pro, but they probably won’t support active noise cancellation nor feature replaceable ear tips.

How To Watch Apple’s Unleashed Event

Just like the previous few events, the October 18 Apple event will be streamed online, and there are several ways how you can watch it as it takes place:

Should you miss it, you’ll be able to watch the archived version of the stream at a later date.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.