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• · Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its.
• Participants experience virtual reality at Gitex Technology Week last year. The Gitex TechnologyWeek is expected to have a range of features and conferences to.

Gitex Technology Week to focus on ‘Re- Imagining Realities’Participants experience virtual reality at Gitex Technology Week last year. The Gitex Technology. Week is expected to have a range of features and conferences to enhance visitor experience. Dubai: The 3. 7th Gitex Technology Week will run under the theme “Re- Imagining Realities: Discover, Transform and Innovate.” The overarching vision of “Gitex is Everything Tech” will showcase 1. D printing, and the Internet of Things. The major emphasis this year will be on how emerging technologies can solve practical problems — for example, how autonomous vehicles can ease traffic, how artificial intelligence can enable predictive government services, and how virtual reality can enhance surgery and education, all ultimately resulting in happier and smarter experiences. The technology investment market opportunity is strong, as evidenced by the Digital Transformation economy’s growth projection of 6.

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Dailymotion is a video-sharing website based in France on which users can upload, watch and share videos. It is one of the biggest video platforms in the world.

Dh. 8 trillion) by 2. IDC research report.

Innovations such as artificial intelligence, augmented and virtual reality, and digital platforms such as 5. G and the Internet of Things, will make the biggest business impact, according to research firm Gartner. The conference will host eight Power Conferences tackling the categories of smart cities, health care, digital marketing, finance, retail, transport and logistics, tech leaders, and education. The Gitex Technology Week will feature a range of features and conferences to enhance the integrated visitor experience.

Global ICT solutions provider Huawei will inaugurate its second Huawei Middle East Innovation Day. During the event, hundreds of industry experts, scholars, analysts, and policymakers will come together to discuss the future of technology’s impact on daily lives and businesses.

Video on demand. Gitex Power Conferences will kick off on Sunday, 8 October with Patrick Grove, Co- founder & Group CEO of Catcha Group/co- founder & Chairman of iflix, will be speaking on “The 5 Ps to building a great disruptive business”. Patrick Grove is a Financial Review “Richlister” whose company, iflix has overtaken Netflix in Asia. Following will be a fireside chat with Daniela Rus, the first female director of MIT’s Computer Science and Artificial Intelligence Laboratory, and an Accenture case study.

Highlighted verticals will be Retail, Health care, and Smart Cities on Monday, October 9; Finance, Tech Leaders, and Smart Cities on Tuesday, October 1. Transport & Logistics and Digital Marketing on Wednesday, October 1. Education on Thursday, October 1. The Education Day will be free and open to the public, and leading schools and universities will be invited to attend. One of the key speakers will be digital health evangelist John Nosta, Member of the Google Health Advisory Board, Faculty Member at Singularity University, and President of Nostalab, a health care think tank, who will present on “Health and Wellness: The Next Habitat for Tech- Humanity”.

Gitex Technology Week 2. October 8- 1. 2 at the Dubai World Trade Centre.

PCCW Media raises $1. M for its video and music streaming services in Asia. This week seems to be a good one for media streaming companies in Asia. Hot on the heels of Malaysia- based Iflix raising $1.

Netflix- like service for emerging markets, Hong Kong’s PCCW has pulled in $1. Hony Capital, which recently backed We. Work’s China business, Foxconn Ventures and Singapore sovereign fund Temasek have taken an 1. PCCW International OTT business. PCCW Media, which is listed on the Hong Kong Stock Exchange, will retain majority ownership.

The business operates three digital products, video streaming service Viu, short clip service Vuclip and music service MOOV. Viu is available in 1. Asia and the Middle East with 1. It takes a hybrid model offering both paid subscriptions and ad- supported user options. Vuclip, which was acquired two years ago, differentiates by offering shorter videos in 1. India, Southeast Asia, the Middle East and Africa.

On the music side, PCCW Media has MOOV which is available in Hong Kong. It expanded to Vietnam last year, where the firm sees potential among a young popular with booming 3. G data subscriptions. In an interview with Tech. Crunch, Janice Lee, PCCW Media managing director, said the business didn’t need to raise capital since it is funded by its parent, but the deal is driven by potential synergies.“We saw that there are strategic investors we feel we are very complementary [and] playing in different parts of the OTT space. Foxconn is a transforming company [while] Temasek and Hony have [backed] companies that have been successful in the media space,” Lee said. Foxconn in particular, which is best known as a key Apple manufacturer, could open the door to hardware products in the future, although didn’t elaborate on that in detail.“It’s a direction where we see cooperation,” she said.

There are definitely commercial synergies to working together.”Indeed, Foxconn has made a sustained push into internet- of- things and media in recent times. That’s particularly clear with its investments, which have included Chinese dock- less bike rental company Mobike, audio maker Devialet, next- gen display startup Digi. Lens, Indian chat app Hike and Soft.

Bank’s colossal $1. Vision Fund. PCCW Media has aggressively expanded its video services with a pipeline of market launches over the past year or so, and Lee said that the primary focus now will be getting deeper into its existing markets. There may still be country launches, but adding new content — including the company’s own original productions out of Hong Kong and markets like India and Indonesia — is the immediate priority alongside product development and localization tweaks. The overall strategy is to take a local approach to content — not unlike Iflix — to gain engagement in individual market. Already though, PCCW Media claims its most engaged users are on its service for upwards of 1. As for MOOV, PCCW Media has been more measured with its approach with just two active markets.“We selectively assess where we go next,” Lee explained, since the company believes that, for now in Asia, “video is much more ready for monetization for both advertising and subscriptions.”.