India has 22 official languages, which often presents a challenge for businesses that want to scale across the entire country. Video-sharing app Roposo, however, uses that to its advantage by offering content in several different regional languages. Based in Gurgaon, Roposo announced today that it has raised a $10 million Series C from returning investors […]
Posted on: 12 December 2018 | 2:48 am
Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the largest tech listings of the year, but the pricing is at the bottom end of its $13-$15 range indicating […]
Posted on: 12 December 2018 | 12:06 am
Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the Chinese e-commerce giant led a $1.1 billion round last year, while SoftBank recently transitioned its shareholding […]
Posted on: 11 December 2018 | 10:11 pm
Update 2: Everyone has been cleared to return to the buildings. Facebook spokesperson Genevieve Grdina issued this statement: “Late this afternoon, we received a bomb threat and took swift action to evacuate several buildings at our Menlo Park campus. We take the safety and security of our people at Facebook extremely seriously and are glad […]
Posted on: 11 December 2018 | 10:02 pm
Two years ago, a couple of VCs from Shea Ventures, a 50-year-old, L.A. -based investment firm, banded together to create a Pasadena, Ca.-based early stage venture firm called Calibrate Ventures. Investors clearly like what they’re building. Firm founders Kevin Dunlap and Jason Schoettler are today announcing that they have closed their debut effort with $80 […]
Posted on: 11 December 2018 | 8:31 pm
Wix is taking a big step beyond website building today with the launch of a suite of products called Ascend. PR Manager Matt Rosenberg explained that just as Wix was founded with the aim of “demystifying and democratizing how you get online,” Ascend has a similar mission: “You don’t have to be a developer and […]
Posted on: 11 December 2018 | 6:08 pm
Instead of a standard based on wealth, or even knowledge -- one based on users’ contributions of time and attention.
Posted on: 11 December 2018 | 6:00 pm
"I want The Riveter to be the place people think of when they think of women and work," says its CEO Amy Nelson.
Posted on: 11 December 2018 | 5:31 pm
Internet users are already being tracked to death, with ads that follow us around, search histories that are collected and stored, emails that report back to senders when they’ve been read, websites that know where you scrolled and what you clicked and much more. So naturally, the growing podcast industry wanted to find a way […]
Posted on: 11 December 2018 | 5:27 pm
Almost one year after a California judge dismissed Apartment Investment & Management Company’s lawsuit against Airbnb, both companies have agreed to settle all of their disputes. Aimco, which owns or manages 50,000 properties, had filed lawsuits in both California and Florida state courts, seeking monetary damages as well as court orders to stop Airbnb from […]
Posted on: 11 December 2018 | 5:19 pm
When Dell voted to buy back the VMware tracking stock and go public again this morning, you had to be wondering what exactly the strategy was behind these moves. While it’s clearly about gaining financial flexibility, the $67 billion EMC deal has always been about setting up the company for a hybrid and private cloud […]
Posted on: 11 December 2018 | 5:03 pm
Tesla CEO Elon Musk has floated the idea for an all-electric pickup truck numerous times in the past two years. Now, he’s back at it, this time with a teaser that Tesla might have a prototype to unveil in 2019. Musk mentioned on Twitter the desire to produce a pickup truck way back in April […]
Posted on: 11 December 2018 | 5:03 pm
There's lots of research going into tiny drones, but one of the many hard parts is keeping them in the air for any real amount of time. Why not hitch a ride on something that already flies all day? That's the idea behind this project that equips bumble bees with sensor-filled backpacks that charge wirelessly and collect data on the fields they visit.
Posted on: 11 December 2018 | 4:35 pm
The investment bank is said to be leading Uber's IPO, expected in the first quarter of 2019. JPMorgan, meanwhile, has reportedly been hired to lead Lyft's offering.
Posted on: 11 December 2018 | 3:55 pm