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Sean Williams @ Red Herring · 11/02/2020 06:15 EDT

Wall Street Tech Stocks Face Slide No Matter Who Wins Election

Tech stocks are expected to fall following tomorrow’s US Presidential election – no matter who emerges victorious. Incumbent Donald Trump faces Democrat challenger Joe Biden for the country’s leadership. Yet despite the… Read more ›

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Sean Williams @ Red Herring · 10/26/2020 05:10 EDT

Big Tech Avoiding Almost $3bn in Developing-World Tax – Report

US tech giants are exploiting tax loopholes to avoid paying billions to the governments of developing nations, according to an NGO report. ActionAid International claims that Facebook, Microsoft and Google parent Alphabet… Read more ›

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Sean Williams @ Red Herring · 10/23/2020 07:51 EDT

Intel Shares Slip on Revenue Shortfall

Intel’s share price has dropped 10%, as the Coronavirus pandemic continues to take a toll. The Californian chipmaker’s value took a dive on underwhelming revenues, which analysts blame on the pandemic’s freezing… Read more ›

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Sean Williams @ Red Herring · 10/22/2020 06:08 EDT

Deutsche Bank Ponders Tata Consultancy Tech Sale

Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based… Read more ›

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Sean Williams @ Red Herring · 10/21/2020 08:18 EDT

Financing Startup Wayflyer Wins $10.2m Seed Funding

Wayflyer, a startup that connects e-commerce platforms with funding, is the recipient of a $10.2 million seed round. The backing, led by Washington, DC-based QED Investors, will help Wayflyer scale its product… Read more ›

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Sean Williams @ Red Herring · 10/19/2020 05:18 EDT

China Approves Ant Group’s Potentially Massive IPO

China’s securities regulator has approved fintech company Ant Group’s IPO – and paved the way for what will likely be the world’s biggest-ever listing. Ant, backed by current title-holder Alibaba, will seek… Read more ›

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Sean Williams @ Red Herring · 10/19/2020 04:39 EDT

Genius Quiz App Raises $2m; Seeks Far More for E-Learn Scale

Genius Quiz App, an e-learning venture from one of India’s startup stars, has won $2 million in seed funding from a constellation of Indian and American angel investors. The firm is the… Read more ›

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Sean Williams @ Red Herring · 10/15/2020 11:55 EDT

SoftBank Leads $140m Funding in FarmTech Firm Plenty

Californian agricultural startup Plenty has won a $140 million Series D funding round, as it continues to scale out its vertical farming solution. The San Francisco-based company won the injection from Japan’s… Read more ›

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Sean Williams @ Red Herring · 10/12/2020 09:05 EDT

British AI Startup Edgify Raises $6.5m Seed Fund

London-based AI firm Edgify has secured a $6.5 million seed funding round, as it seeks to expand work processing data generated at so-called “edge” devices. The round was led by Octopus Ventures,… Read more ›

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Sean Williams @ Red Herring · 10/08/2020 12:26 EDT

German Code Startup Gitpod Secures $3m Funding

German startup Gitpod, a devtool popular with some of the world’s most successful tech teams, has raised a $3 million seed funding round, and will natively integrate with San Francisco’s GitLab. The… Read more ›

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Red Herring
Sean Williams @ Red Herring · 10/08/2020 11:06 EDT

Italy’s Phononic Vibes Raises $2.7m for Noise-Reduction Tech

Italian deeptech startup Phononic Vibes, which creates solutions for noise and vibration reduction, has secured a €2.3 million ($2.7m) funding round led by compatriot firm EUREKA! Venture SGR. The round, which builds… Read more ›

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Red Herring
Sean Williams @ Red Herring · 10/07/2020 09:45 EDT

Google Invests in Atlanta’s Black Entrepreneurs

Google for Startups, the tech giant’s entrepreneur wing, will invest in a host of Black entrepreneurs in Atlanta, as part of the company’s $5 million Black Founders Fund. Thirty-five of the Fund’s… Read more ›

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Red Herring
Sean Williams @ Red Herring · 10/05/2020 08:18 EDT

Seaya Ventures Launches $100m DeepTech Fund

Spanish VC Seaya Ventures has announced the launch of its third fund, Seaya Ventures III, which will plough €85 million ($100m) into leading-edge deeptech startups. The fund, which has a target of… Read more ›

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Sean Williams @ Red Herring · 09/23/2020 04:43 EDT

Treasure8 Scales its Revolution Against Food Waste

Humans waste around 1.3 billion tonnes of food each year – that’s enough to fill around two-thirds of Lake Eerie. Agriculture contributes almost a fifth of the world’s greenhouse gas emissions, and… Read more ›

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Red Herring
Sean Williams @ Red Herring · 09/21/2020 09:41 EDT

UK’s Kindred Capital Closes $105m Fund

London-based VC outfit Kindred Capital has closed a second fund for £81 million ($105m). It is a small increase on Kindred’s first fund, which closed in 2018 and has invested in 29… Read more ›

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Red Herring
Sean Williams @ Red Herring · 09/14/2020 09:05 EDT

TikTok and Oracle Team Up, as Microsoft Bid Fails Dramatically

Oracle will partner with social media platform TikTok in the United States, as a bid from Microsoft was rejected. The terms of the Oracle deal have not yet been made public, but… Read more ›

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Red Herring
Sean Williams @ Red Herring · 09/07/2020 03:48 EDT

SoftBank Value Plummets on Shaky Tech Deals

Japanese giant SoftBank has seen its share price fall sharply today, due to its exposure to continued US-tech selloffs. The company opened trading on Monday 2.6% down, and ended it with a… Read more ›

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Red Herring
Sean Williams @ Red Herring · 09/01/2020 07:49 EDT

Musician Andrew Paley Creates AI Videos: “Collaborating with a Machine Fit the Moment”

Andrew Paley first appeared on music radars in 2002 with his Burlington, Vermont-based post-punk band The Static Age. But the musician has another life in tech – and this year he’s combined… Read more ›

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Red Herring
Sean Williams @ Red Herring · 08/31/2020 11:32 EDT

EduTech Outfit Eruditus Raises $113m, as E-Learning Explodes Worldwide

Education startup Eruditus has raised $113 million in a Series C funding round, as the company continues to provide universities with online learning options amid the COVID-19 pandemic. The round was led… Read more ›

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Red Herring
Sean Williams @ Red Herring · 08/28/2020 09:33 EDT

Egypt’s DigiFi Network Raises US Pre-seed Cash

DigiFi Network, an Egyptian startup via which users swap profile information for WiFi connection, has won a pre-seed funding round from Toronto’s Loyal VC, as it aims to scale its product beyond… Read more ›

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27.11.2024 08:03
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