News

Yela Secures Over $2M To Connect Fans & Celebrities Via Video Messages

Yela gives you access to personalized video messages from your favorite A-list celebrities from around the MENA region.

Published

3 years ago

August 14, 2021

Joanna Melki

Yela

Yela, a platform that aims to connect fans and celebrities via personalized video messages, has secured $2.2 million from global investors to support its launch in its first pre-seed round of funding.

The list of investors includes Justin Mateen (co-founder of Tinder), Sean Rad (co-founder of Tinder), and Razmig Hovaghimian (a board member at Rakuten). The creators of the platform, Alex Eid and Marc Dakroub, claim that they’ve been able to secure the backing of such high-profile investors by offering exclusive access to A-list celebrities, including Amr Diab, Haifa Wehbe, Youssra, Ahmed El Sakka, Mohamed Henedy, Chico, Ghada Addel, Amr Youssef, and Mostafa Shaban, just to give a few examples.

Yela differs from its main competition, American video-sharing website Cameo, by targeting the MENA and South Asia market, whose population is relatively young and tech savvy.

“We’re differentiated in the region we cover, the type of creators we are onboarding, and the audience we are targeting,” said Yela CEO Alex Eid. “Also, the team is made up of second- and third-time venture backed entrepreneurs, with a passion for the product.”

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Because Yela is currently in private beta, users are required to join a waiting list to get early access and unlock rewards. The first 5,000 users were able to secure priority access to the platform and get $100 worth of credits as a bonus. Now, up to 10,000 users can get only $40 worth of bonus credits. Supported payment methods include Visa, Mastercard, American Express, and PayPal.

Platforms like Yela can be seen as products of the ongoing monetization of human interactions, which has been made possible by the internet and online payment methods. Their usage has increased significantly during lockdowns, likely as a result of people craving social interactions and being more willing to pay for them.

News

Samsung Smart Glasses Teased For January, Software Reveal Imminent

According to Korean sources, the new wearable will launch alongside the Galaxy S25, with the accompanying software platform unveiled this December.

Published

2 days ago

December 4, 2024

Nour Nasir

samsung smart glasses teased for january software reveal imminent

Samsung appears poised to introduce its highly anticipated smart glasses in January 2025, alongside the launch of the Galaxy S25. According to sources in Korea, the company will first reveal the accompanying software platform later this month.

As per a report from Yonhap News, Samsung’s unveiling strategy for the smart glasses echoes its approach with the Galaxy Ring earlier this year. The January showcase won’t constitute a full product launch but will likely feature teaser visuals at the Galaxy S25 event. A more detailed rollout could follow in subsequent months.

Just in: Samsung is set to unveil a prototype of its augmented reality (AR) glasses, currently in development, during the Galaxy S25 Unpacked event early next year, likely in the form of videos or images.

Additionally, prior to revealing the prototype, Samsung plans to introduce…

— Jukanlosreve (@Jukanlosreve) December 3, 2024

The Galaxy Ring, for example, debuted in January via a short presentation during Samsung’s Unpacked event. The full product unveiling came later at MWC in February, and the final release followed in July. Samsung seems to be adopting a similar phased approach with its smart glasses, which are expected to hit the market in the third quarter of 2025.

A Collaborative Software Effort

Samsung’s partnership with Google has played a key role in developing the smart glasses’ software. This collaboration was first announced in February 2023, with the device set to run on an Android-based platform. In July, the companies reiterated their plans to deliver an extended reality (XR) platform by the end of the year. The software specifics for the XR device are expected to be unveiled before the end of December.

Reports suggest that the smart glasses will resemble Ray-Ban Meta smart glasses in functionality. They won’t include a display but will weigh approximately 50 grams, emphasizing a lightweight, user-friendly design.

Feature Set And Compatibility

The glasses are rumored to integrate Google’s Gemini technology, alongside features like gesture recognition and potential payment capabilities. Samsung aims to create a seamless user experience by integrating the glasses with its broader Galaxy ecosystem, starting with the Galaxy S25, slated for release on January 22.