News

X, Formerly Twitter, Has Introduced Voice And Video Calls

Only premium subscribers can make calls at the moment, but all users can receive them.

Published

9 months ago

October 26, 2023

x formerly twitter has introduced voice and video calls

X, the social media company previously known as Twitter, has added voice and video calls to the platform in a bid to expand its product offering.

While only premium subscribers can make calls at present, all accounts can receive them, the X website noted yesterday. The features will be available first on iOS but will soon come to Android as well.

Users can control who can call them using options in the direct messages settings. To call another X user, they must have sent you a direct message at least in the past, X said.

Elon Musk explained that X users would be able to make video and voice calls without sharing their phone numbers. The new features are a direct shot at Meta, owners of Facebook, Instagram, and WhatsApp.

Also Read: Tribit FlyBuds C1 Earbuds Review: The Ultimate Bang For Your Buck

Musk has made several sweeping changes to Twitter since his acquisition. In December, the platform launched Twitter Blue, a paid subscription service that indicates if a user is verified and offers Edit Tweet, 1080p video uploads, and longer tweets.

In July, Musk changed the name of Twitter to X, a move analysts say has wiped between $4 and $20 billion from the company’s value.

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

19 hours 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.