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Sean Williams @ Red Herring 1 place · 12/15/2020 20:59 EDT

Days After “Fixing” First One, Gmail Suffers Giant Outage

Gmail users have experienced a host of problems, as the mail service struggles to rebound from Monday’s global outages. “We’re aware of a problem with Gmail affecting a significant subset of users,”
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Red Herring
Sean Williams @ Red Herring 1 place · 12/13/2020 17:05 EDT

Germany Blocks China Satellite Buy, Steps Up Corporate Defenses

Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and
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Red Herring
Sean Williams @ Red Herring 2 place · 12/12/2020 20:48 EDT

Is This the Second Dot Com Bubble?

Will the latest dot com bubble burst? That’s the question on many lips, as 2020 shapes up to be one of the most remarkable years ever for tech brands going public. AirBnB’s
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Red Herring
Sean Williams @ Red Herring 1 place · 12/08/2020 11:48 EDT

Israeli Tech Funding Booms in Pandemic’s Wake

Israel’s tech industry has received 23% more funding in 2020 than last year, as the world has clamored for its high-tech solutions. The rise, which follows a global boom in tech funding
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Red Herring
Sean Williams @ Red Herring 1 place · 12/05/2020 15:17 EDT

Flipkart’s Payments Firm PhonePe in Partial Spin-out, Valued at $5.5bn

Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The deal, which makes PhonePe $700 million in primary capital, boosts Bengaluru-based PhonePe’s
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Red Herring
Sean Williams @ Red Herring · 12/02/2020 13:57 EDT

EC Premier von der Leyen: Europe will “Rewrite” Tech Regulation Rulebook

European Commission President Ursula von der Leyen has opened the Web Summit event by pledging to overhaul the way Brussels regulates the tech industry. Speaking on the first day of the influential
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Red Herring
Sean Williams @ Red Herring · 11/30/2020 14:14 EDT

Russian Banking Giant Sber Makes Massive Pivot to Tech

Sberbank, Russia’s largest bank and the 33rd-biggest on earth, has made a huge pivot to tech, as it bids to revamp its image for the digital age. Today the Moscow-headquartered firm inaugurated
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Red Herring
Sean Williams @ Red Herring · 11/27/2020 09:44 EDT

Dyson to Kick Off $3.7bn Tech Spending Spree

British appliances firm Dyson says it will invest an extra ÂŁ2.75bn ($3.67bn) in new technology over the next five years, as it aims to double the number of products it sells. The
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Red Herring
Sean Williams @ Red Herring · 11/25/2020 10:29 EDT

During Native American Heritage Month, Here are Some of the Most Exciting Native-run Startups in the US

This month America celebrates Native American Heritage Month with a host of online and in-person events, covering historic issues, culture and modern politics affecting the country’s 562 tribes. The problems facing Native
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Red Herring
Sean Williams @ Red Herring · 11/24/2020 08:33 EDT

Restaurant Tech Firm Toast Reaches $8bn Valuation After Cutting Staff

Toast, a Boston-based restaurant point-of-sale (POS) tech startup, has soared to an $8 billion valuation just seven months after slashing staff numbers by half. Toast laid off 1,300 staff this April amid
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Red Herring
Sean Williams @ Red Herring · 11/23/2020 05:15 EDT

Milan’s Kampaay Wins $689,000 for Digital Events Platform

Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up
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Red Herring
Sean Williams @ Red Herring · 11/20/2020 06:19 EDT

Belgium’s Astanor Ventures Raises $324m for Europe’s Biggest Impact Fund

Astanor Ventures, a Brussels-based venture capital firm, has raised €273 million ($324m) for a fund aiming to “revolutionize the food and agriculture sector.” The company will invest its newfound cash exclusively in
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Red Herring
Sean Williams @ Red Herring · 11/16/2020 10:29 EDT

During Native American Heritage Month, Here are Some of the Most Exciting Native-run Startups in the US

This month America celebrates Native American Heritage Month with a host of online and in-person events, covering historic issues, culture and modern politics affecting the country’s 562 tribes. The problems facing Native
 Read more â€ș

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Red Herring
Sean Williams @ Red Herring · 11/11/2020 12:13 EDT

“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks

Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.
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Red Herring
Sean Williams @ Red Herring · 11/10/2020 09:55 EDT

Spotify Buys Megaphone for $235m

Swedish music streaming giant Spotify has acquired podcast advertising and publishing firm Megaphone, in a deal worth a reported $235 million. The deal will help Spotify provide targeted ads, and expand advertising
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Red Herring
Sean Williams @ Red Herring · 11/09/2020 09:34 EDT

Cellwize Raises $32m Round to Accelerate 5G Adoption

Israeli startup Cellwize has won a $32 million Series B funding round, as it continues its project to accelerate deployment of 5G networks worldwide. The round, led by Intel Capital and Qualcomm
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Red Herring
Sean Williams @ Red Herring · 11/09/2020 09:10 EDT

Biden Win Could Bring End to US Broadband Deserts

As Joseph R. Biden Jr celebrates his victory to become the United States’ 46th President, he has pledged to unite Americans behind his leadership. One key area in which the country is
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Red Herring
Sean Williams @ Red Herring · 11/06/2020 05:50 EDT

Ayar Labs Raises $35m Series B To Push “Chiplet” Technology

American chip-processing starting Ayar Labs has secured a $35 million Series B funding round, to help grow its novel I/O-replacement technology. The Emeryville, California-based firm received the round from co-leaders Downing Ventures
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Red Herring
Sean Williams @ Red Herring · 11/05/2020 06:59 EDT

Dutch EIT Kicks Off Bid to Build $118bn Green Hydrogen Economy

Dutch enterpreneurship hub EIC InnoEnergy has launched the European Green Hydrogen Acceleration Center (EGHAC), as part of the European Union’s so-called ‘Green Deal.’ The organization hopes its move will contribute to efforts
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Red Herring
Sean Williams @ Red Herring · 11/03/2020 04:25 EDT

IN-DEPTH: Tech Holds its Breath as America Choses a Leader

In around 24 hours it will be a lot clearer—if uncertain—who America’s next President will be. And while tech has been far down the list of electoral priorities for both candidates, wins
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