Microsoft co-founder Bill Gates recently announced he bought an all-electric Porsche Taycan, rather than a Tesla. The news caused Tesla CEO Elon Musk to respond saying his “conversations with Gates have been underwhelming.” Elon Musk isn’t impressed with fellow billionaire entrepreneur Bill […]
Good morning! Below are the top tech startups news for today, Tuesday, February 18, 2020. Dell to sell its cybersecurity unit RSA for $2.08 billion. Dell Technologies announced Tuesday it would sell its cybersecurity unit RSA for $2.08 billion to a […]
Atomico, a venture capital firm founded by Skype co-founder Niklas Zennstrom, has raised $820 million for a new fund — the biggest since it was set up by the billionaire in 2006. The oversubscribed fundraise closes above its target of […]
Lumu, a cybersecurity startup that focuses on helping organizations measure compromise in real-time, officially announces it will be coming out stealth mode at next week’s RSA Conference. Lumu is a cloud-based solution that collects and standardizes metadata from across the network, including […]
Be My Eyes is a free mobile app that connects blind and low-vision people with sighted volunteers and company representatives for visual assistance through a live video call. The app connects a community of half a million volunteers around the […]
Semios, a Vancouver, Canada-based precision farming startup, has raised $75 million in private equity funding to advance the development of its data-driven crop management solution. The round, which was led by Morningside Group, a Boston-based private equity and venture capital firm, […]
Grove Ventures, a Tel Aviv, Israel-based venture capital firm, today announced the final closing of Grove Ventures II (“Grove II”) with total commitments of $120 million. Led by prominent Israeli high-tech investor and entrepreneur Dov Moran, Grove Ventures invests in early-stage […]
Pamlico Capital (“Pamlico”), a 32-year old private equity firm that primarily invests in growing middle market companies in North America, today announced the close of $1.4 billion for its Pamlico Capital V (“PC V”) fund. The funding for the oversubscribed […]
Coronavirus claims its first corporate victim today as Apple announced it won’t be able to meet quarterly revenue guidance due to the coronavirus constraining its iPhone supply and demand for its products. The tech giant said the outbreak constrained iPhone […]
Dovetail, a Sydney, Australia customer research platform startup, announced today it has raised $4 million in seed funding to accelerate global expansion into the enterprise market. The round was led by Blackbird Ventures, with participation from Felicis Ventures and Culture Amp’s […]
Anil Ambani, the chairman of Reliance Group, which was created in July 2006 following a de-merger from Reliance Industries, said his “net worth is zero after taking into account my liabilities.” Reliance Group is an Indian conglomerate that provides financial services, construction, […]
Amazon CEO Jeff Bezos announced Monday he is launching a $10 billion fund to fight climate change. The eCommerce giant CEO said in an Instagram post that the Bezos Earth Fund will fund “will fund scientists, activists, NGOs — any […]
HQ Trivia, the live trivia gameshow app created by two of Vine’s cofounders, is shutting down less than three years after launching. According the news, which was first reported by CNN, the startup abruptly shuts down after 14 ‘seasons’. The […]
A new study from Juniper Research, a research firm that provides research and analytical services to the global hi-tech communications sector, found that total operator-billed revenue from 5G IoT connections will reach $8 billion by 2024; rising from $525 million in […]
Back in January, we wrote about the beleaguered startup Oyo when the budget hotel chain laid off about 2,000 of its employees in China and India. Now, according to a new report from Reuters, Oyo’s losses have widened to more than […]
Behavioral health disorders are on the rise in every country around the world and will cost the global economy $16 trillion by 2030. Over 26 million Americans with a behavioral health issue go untreated, according to data from Mental Health […]
Deloitte Legal becomes exclusive legal and professional services partner of PhD entrepreneurship program Conception X; Unique tie-up will see PhD students becoming ‘venture scientists’, applying cutting-edge research to solve future industry problems; Unrivalled access to R&D capability and talent places […]
GM to cease Holden sales, design and engineering operations by 2021, plans to focus on growth opportunities in specialty vehicle business GM and Great Wall Motors sign binding term sheet for sale of Thailand manufacturing plant Chevrolet to cease domestic sales in Thailand by […]
China’s novel coronavirus, COVID-19, has killed more than 1,500 people and infected more than 64,201 people. Now, a group of Chinese doctors are warning that virus reinfection is even deadlier than earlier reported. The doctors claimed that instead of creating immunity the […]
Samsung’s ‘SelfieType’ is a virtual keyboard using the front-facing selfie camera that lets you type on an invisible keyboard using nothing but your device selfie camera. The proprietary SelfieType AI engine analyzes finger movements coming from the front camera, and […]