NYC lawmakers could limit 3rd-party delivery charges | Startup app development platform Unqork raises $131M | Zolve the need to find product manuals, tutorials
February 27, 2020
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Industry Highlights
The New York City Council will consider bills to regulate third-party delivery services, including capping the commissions they can charge restaurants at 10%. The measures would also require the companies to obtain licenses through the city's Consumer Affairs Department.
Full Story: The New York Times (tiered subscription model) (2/26) 
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Unqork, a startup creating an app development platform tailored to the needs of financial services and insurance companies, raised $131 million in an extended Series B funding round led by CapitalG, Alphabet's investment fund. The new capital will fund continued sales and marketing efforts and expansion of its engineering team.
Full Story: VentureBeat (2/26) 
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Marketing & Monetization
Centriq is making it easier to track down home and electronics product information with Zolve, an app that allows users to bring up manuals, warranty information and tutorial videos on over 450,000 goods after scanning product labels. The app's database also provides safety recall alerts.
Full Story: CNET (2/25) 
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FunCraft gets $1.8M to make "casual forever" games
FunCraft, a startup mobile game studio that launched last year, raised $1.8 million to begin game development. With the new capital it plans to create "casual forever" games that are easy to play but engaging enough to become part of players' daily lives.
Full Story: VentureBeat (2/26) 
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Wireless Ecosystem
Nokia has retained advisers to consider whether it should sell some of its assets or seek a merger, sources told Bloomberg, but the Finnish equipment maker may decide to stand pat. The vendor recently told investors that its market share slipped during 2019 and that its shift to selling 5G gear will be delayed for two years.
Full Story: Light Reading (2/26) 
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Marketers Needs
Apple and Johnson & Johnson are collaborating on a study to assess how earlier detection of atrial fibrillation could reduce the risk of stroke in people aged 65 and older. The study will use the Apple Watch and an iPhone app and will monitor 150,000 patients for two years.
Full Story: Reuters (2/25) 
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Developer Corner
Samsung adds 16GB DRAM chips to new smartphones
Samsung Electronics is producing LPDDR5 mobile DRAMs capable of storing 16 gigabytes of data, using its second-generation 10-nanometer process. Those memory chips are in the company's Galaxy S20 Ultra smartphones, and will likely turn up in other Samsung flagship handsets.
Full Story: Engadget (2/25) 
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MMA News
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