The Justice Department has announced charges against five alleged Chinese citizens, accused of hacking over 100 companies in the United States, including tech companies, game makers, universities and think tanks. Zhang Haoran and Tan Dailin were charged in August 2019 with over two dozen counts of conspiracy, wire fraud, identity theft and charges related to […]
Apple’s developer relations have hit another sour note. At the company’s hardware event on Tuesday, where it announced new Apple Watch devices and iPads, Apple surprised developers with the news that it would be releasing the updated versions of its major software platforms, iOS 14, iPad OS 14, watchOS 14 and tvOS 14 on September […]
Atlassian today announced the launch of Atlassian Ventures, a new $50 million fund that will invest into startups — and even more established companies — that are building products in the overall Atlassian ecosystem. “As more and more customers transition to our cloud products, we are committed to supporting their journey by fostering a robust […]
On the heels of two IPOs pricing above raised ranges, Unity boosted the value of its own impending debut this morning. The well-known unicorn is currently set to begin trading this Friday, pricing after the bell Thursday. If that happens, the gaming platform company expects to be worth between $44 and $48 per share, up […]
After raising their IPO price ranges, both JFrog and Snowflake priced above their refreshed intervals last night. At their final IPO prices, the two debuts are aggressively valued, showing continued optimism amongst public investors that cloud shares are an attractive bet, even if their growth is financed through a history of steep losses, as in […]
If your sad-faced technology mantra is ‘we were promised flying cars and all we got were these shitty Internet trolls’ never fear, Berlin-based autonomous air mobility startup, Volocopter, wants to revive your sci-fi dreams. It’s just kicked off presales for trips in its forthcoming electric air taxi service, VoloCity — albeit, there’s no date on […]
Pure Storage, the public enterprise data storage company, today announced that it has acquired Portworx, a well-funded startup that provides a cloud-native storage and data-management platform based on Kubernetes, for $370 million in cash. This marks Pure Storage’s largest acquisition to date and shows how important this market for multi-cloud data services has become. Current […]
E-bike startup VanMoof, has raised a $40 million investment from Norwest Venture Partners, Felix Capital and Balderton Capital. The Series B financing comes after a $13.5 million investment in May. The funding brings VanMoof’s total raised to $73 million and furthers the e-bike brand’s ultimate mission of getting the next billion on bikes. The Series […]
There are some changes at the helm of Blade, the French startup behind Shadow. Mike Fischer is going to work for the company and become Chief Executive Officer. Jean-Baptiste Kempf is joining the company as Chief Technology Officer. Shadow is a cloud computing service for gamers. For a monthly subscription fee, you can access a […]
Suranga Chandratillake has (almost) seen it all. After being the early CTO for Autonomy, he went on to found the blinkx video search engine in 2004, long before many thought we’d even need one. He scaled the company to San Francisco and the US market, eventually IPO’ing blinkx for over $1 billion. On his return […]
Europe will propose its own digital tax early next year if there’s no agreement at a global level on how to update taxation rules for the Internet age, EU president Ursula von der Leyen said today, reiterating the bloc’s determination not to let tax reform slide in a ‘state of the union’ speech to the […]
Outfunnel, a startup that has built software to help companies “bridge the gap between marketing and sales functions,” has quietly raised €1.1 million in funding. The pre-seed round was led by Paua Ventures and byFounders, with participation from Lemonade Stand, Omnisend and various angel investors. The latter includes Bolt co-founders Markus and Martin Villig, Matterport […]
Norwegian company Kahoot originally made its name with a platform the lets educators and students create and share game-based online learning lessons, in the process building up a huge public catalogue of gamified lessons created by its community. Today the startup — now valued at over $2 billion — is announcing an acquisition to give a […]
At the beginning of the previous decade, Facebook had a tiny presence in India. It had just started to slowly expand its team in the country and was inking deals with telecom operators to make access to its service free to users and even offer incentives such as free voice credit. India’s internet population, now […]
Zwift, a 350-person, Long Beach, Calif.-based online fitness platform that immerses cyclists and runners in 3D generated worlds, just raised a hefty $450 million in funding led by the investment firm KKR in exchange for a minority stake in its business. Permira and Specialized Bicycle’s venture capital fund, Zone 5 Ventures, also joined the round […]
Gravity Sketch, the London-based product design and collaboration platform that utilises virtual reality, has raised $3.7 million in funding. The seed round was led by Kindred Capital, with participation from Point Nine Capital and previous investor Forward Partners. It brings the total amount raised by Gravity Sketch to $5.4 million. In addition, the startup previously […]
Over 110 million users in China have signed up for 5G plans, announced president of the China Academy for Information and Communications Technology (CAICT), a think tank under the telecoms watchdog Ministry of Industry and Information Technology, at an industry event on Wednesday. That makes China the largest 5G market in terms of user size, […]
It’s always a pleasure to chat with Homage co-founder and chief executive Gillian Tee because of her nuanced take on how technology can help elderly and other vulnerable people. According to the United Nations, the fastest-growing age bracket worldwide is aged 65-years-old and older. At the same time, there is also an acute shortage of […]
Crista Galli Ventures, an early-stage health tech fund in Europe, is officially launching today. The firm offers “patient capital” — with only a single LP (the Danish family office IPQ Capital) — and promises to provide portfolio companies with deep healthcare expertise and the extra runway needed to get over regulatory and efficacy hurdles and […]
Twitter has flagged a post from Indian politician T. Raja Singh for violating its policy days after TechCrunch asked the social giant about the three-year-old questionable tweet. In a video tweet, Singh urged India’s Defence Minister Rajnath Singh and others citizens in the country to move Rohingya Muslim immigrants, including those “who supported terrorism,” out […]
