News

New Google Update Will Prioritize Quality Websites In Results

The update is billed to be useful for users seeking educational materials, arts and entertainment, plus tech-focused content and shopping results.

Published

2 years ago

August 23, 2022

Nour Nasir

Google

A new Google update has just been announced and the company is promising a raft of updates to its search algorithm that will prioritize “quality websites” in the search results, with a view to helping its users uncover more reliable or accurate source material.

Google’s long-term focus has always centered on promoting quality content in search results, and this update seeks to address concerns from some users that the company’s results haven’t been optimal of late.

“We definitely want to speed up the experience for people and make them feel like they’re getting what they’re looking for. We’re trying to show people more helpful and authentic content. […] content made by and for humans, which is a lot of what people seem to be seeking,” says Danny Sullivan, Google Search Spokesperson.

The update, known internally as the “helpful content update“, began a global rollout for English-speaking searches this week, focusing on targeting SEO-first content designed for the sole purpose of ranking on page one.

There’s no news yet as to whether we might be looking at a rerun of 2012’s infamous “Penguin” update, which saw thousands of SEO-focused affiliate sites wiped from search results, destroying the income streams of many internet entrepreneurs.

Google says its product testing indicates that the algorithm update will prove especially helpful for results relating to shopping, arts and entertainment, tech-related content, and online learning. The search giant will simultaneously tweak its existing product review results by adding more firsthand and in-depth experiences to reviews.

Also Read: Cameo’s New Feature Allows Live Calls With Celebrities

Instead of sending users to a page that aggregates and rounds up other review sites, or to suggestions from people who have never used a product, Google’s spokesperson Danny Sullivan says the company is working to unearth more experienced product reviews and opinions.

So the big question is, should website owners be worried? Google maintains that the update will not impact results if a site isn’t primarily spammy or SEO-driven, but instead focused on genuinely helpful content. Let’s wait and see how things progress over the coming months!

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

2 days 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.