Remote working — hiring people further afield and letting people work outside of a central physical office — is looking like it will be here to stay, and today one of the startups building tools for that environment is announcing a big fundraise in response to the opportunity. Papaya Global, an Israeli startup that provides […] Read more ›
7
I’m excited for any opportunity to talk about soft robotics. There’s something other-worldly about the world of inflatable robotic bladders. Human beings are wont to develop robotics in their own image. The world of soft robots are something akin to what the technology would be like if it was developed by a sea creature. Certainly […] Read more ›
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Fresh off the termination of its planned merger with Visa, Plaid announced Thursday a new income verification product, which it said is aimed at “improving the lending lifecycle” with payroll data. Dubbed simply Income, the new product — which is currently in beta — is designed to make it easier for people to verify their […] Read more ›
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This morning Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal, worth some $297 million, will Tidal allow artist-partners to keep their ownership in the music company. Square CEO Jack Dorsey used his other company, Twitter, this morning […] Read more ›
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SpaceX has launched another batch of its Starlink satellites – the usual complement of 60 of the low Earth orbit spacecraft, which will join the more than 1,000 already making up the existing constellation. This is the fifth launch of Starlink satellites for SpaceX this year, and the 20th overall. Earlier this year, SpaceX opened up […] Read more ›
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This morning Hopin, a virtual events platform and video-focused software service, announced that it has closed a $400 million Series C. The new capital values Hopin at $5.65 billion. Both numbers match prior TechCrunch reporting that the company was targeting a $400 million raise at a valuation of between $5 billion and $6 billion. Andreessen […] Read more ›
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There has been a rapid proliferation of roll-up companies armed with wallets full of money to consolidate promising smaller merchants that sell on Amazon and other marketplaces, the idea being to create economies of scale to help them sell more effectively and grow. Today, a company that is somewhat doing the opposite — building tools […] Read more ›
20
Wipro said on Thursday it has reached an agreement to buy 20-year-old British tech consultancy firm Capco for $1.45 billion as the Indian consultancy giant looks to win customers in Europe and Asia. The Indian firm, which identifies U.S. as its biggest market, said it expects to close the deal — pending regulatory approvals — […] Read more ›
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Apple is facing another antitrust investigation in Europe into how it operates the iOS App Store. The UK’s Competition and Markets Authority (CMA) announced today that it’s opened an investigation following a number of complaints from developers alleging unfair terms and as a result of its own work in the digital sector. “The CMA’s investigation […] Read more ›
0
China’s relaxation of its one-child restriction has not delivered the population targets set by its policy planners. In 2019, the birth rate in China slumped to a seven-decade low, which experts attribute to changes in social attitudes, skyrocketing living costs as well as a demanding work culture. One way to fix China’s demographic crisis is […] Read more ›
7
Food delivery start-up Deliveroo has today confirmed its £8bn ($11bn) stock market floatation in London, something which was on the cards previously. The eight-year-old company will use the “dual-class” innovation which has been introduced to the London Stock Exchange by the UK government in a bid to keep UK companies from being lured over to […] Read more ›
1
Bolt, an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. The International Finance Corporation, a division of the World Bank, is […] Read more ›
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Countingup, the U.K. fintech offering a business current account with built-in accounting features, has closed £9.1 million in Series A investment. Leading the round is Framework Venture Partners, with participation from Gresham House Ventures, Sage and existing investors. It’s noteworthy that Countingup has previously taken investment from ING, and the addition of Sage as a […] Read more ›
0
WhatsApp is rolling out support for voice and video calling to its desktop app, the Facebook-owned messaging service said Thursday, providing relief to countless people sitting in front of computers who have had to reach for their phone every time their WhatsApp rang. For now, WhatsApp said its nearly five-year-old desktop app for Mac and Windows […] Read more ›
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Payfazz and Xfers, two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. Based in Singapore, Xfers […] Read more ›
0
A security flaw in a website run by the government of West Bengal in India exposed the lab results of at least hundreds of thousands of residents, though likely millions, who took a COVID-19 test. The website is part of the West Bengal government’s mass coronavirus testing program. Once a COVID-19 test result is ready, […] Read more ›
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Of all the gin joints etc. etc. Clubhouse continues to confound those who don’t believe in the restorative powers of the Next Big Thing. It doesn’t make sense, they say, that an audio service based on live podcasts will change the course of human history, And they are right. Social computing is in the doghouse […] Read more ›
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Bond, the growth-stage firm that spun out of the Kleiner Perkins Digital Growth Fund in late 2018, is closing a second fund with $2 billion, suggests a new SEC filing that says the amount has not yet been raised, though investment firms sometimes file their paperwork at the final stages of their fundraising and even […] Read more ›
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Fintech startup Revolut has its own banking license in the European Union since late 2018. It lets the company offer some additional financial services without partnering with third-party companies. And the company is going to let customers switch to Revolut Bank in 10 additional countries. The Bank of Lithuania has granted a specialized license — […] Read more ›
20
SpaceX has launched SN10 – the tenth iteration of its current prototype series of Starship, the heavy-lift reusable spacecraft it’s developing. Starship SN10 took off from Boca Chica, Texas, where SpaceX is developing the vehicle. It flew to a height of roughly 10 km or 32,000 feet, before performing a maneuver to re-orient itself for […] Read more ›
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Most popular sources
Business Insider
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29% 1 |
Tech Wire Asia
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19% 7 |
CNET
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9% 3 |
Android Authority
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5% 1 |
Tom's Hardware
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5% 1 |
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28.11.2024 19:45
Last update: 19:40 EDT.
News rating updated: 02:40.
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