It took just two minutes and one second for e-commerce giant and China powerhouse Alibaba to hit $1 billion in sales for Singles Day, China’s annual online shopping extravaganza, the company spokesperson said Saturday. Within one hour and six minutes, […]
With funding of $928 million in just 2 years, Mobike plans to expand to more cities around the world. The company now operates in more than 180 cities, with 8 million bikes and more than 200 million registered users. Mobike […]
Apple users rejoice! Apple has now released fixes for a bug that prevented some users from typing the letter “i.” as part of the the new iOS 11.1.1 update. iPhone and iPad user can download the update by going to “settings” […]
Elastic, provides a distributed, multitenant-capable full-text search engine with an HTTP web interface and schema-free JSON documents, has acquired Swiftype for undisclosed amount. Eslastic is backed by Benchmark Capital, Index Ventures, and NEA with more than $100 million in funding. Elastic […]
Good morning! Here is the startup news you need to know this Friday. US Navy cruiser tests new AEGIS baseline 9 combat system. The US Navy’s Ticonderoga-class guided-missile cruiser USS Mobile Bay (CG 53) has conducted a live-fire missile exercise off […]
Alphabets, Goldman Sachs are among other investors that filed a lawsuit against ad tech startup Outcome Health for allegedly misleading them in the run-up to a nearly $500 million. Outcome Health fired back at investors suing the firm, saying their accusations […]
A self-driving shuttle bus was involved in an accident on its first day of service. The vehicle carrying several passengers was hit by a truck driving at slow speed. The new self-driving shuttle bus got off to a bumpy start in Las […]
Good morning! Here is the startup news you need to know this Thursday. Uber struck a deal with NASA to develop Flying Taxi Air Control Software. Uber is working with NASA to develop software for managing “flying taxi” routes in the air […]
The Chinese smartphone maker, Xiaomi launched MiA1 Smartphone on Tuesday during a grand launch event in Madrid, Spain. This is the first time that Xiaomi had gone for a phone set release in Europe as it revs up a global […]
Did you know that about 40 percent of the food makes its way through the American food distribution system ends up in landfills without ever having made it onto someone’s plate? More than 130 billion pounds of food in the […]
You probably love ad blockers. According to New York Times, roughly 11 percent of internet users globally relied on ad blockers to block some form of digital advertising last year when surfing the web. That equates to more than 600 million […]
The stock of Snap Inc., the parent company of SnapChat, tumbled yesterday. The stock fell $2.47 to $12.65 in after-hours trading. Its shares were down more than 16 percent on Tuesday after the company posted a quarterly loss of $443.2 million. […]
Good morning! Here is the startup news you need to know this Wednesday. A unicorn startup, Compass, is now valued at $2 Billion according to Fidelity. Compass, a New York-based startup is pitching investors that it can disrupt the home-buying […]
Navya announced a plan to roll its robot-driven automobiles in the next few weeks to try to compete with General Motors Co and Alphabet Inc’s Waymo. NAVYA is a Lyon and Paris-based company that develops driverless vehicles for the specific […]
Tourch Surgery announces today it has raised $20m (£15m) from the backers of Facebook’s Oculus headset. Touch Surgery is an interactive mobile surgical simulator that guides you through a step-by-step of every part of an operation, and every decision that’s made along […]
Tech Bureau Corporation announced today it has raised US$767,500 from Shinsei Bank and OKWave. The Osaka, Japan based company operates a bitcoin exchange platform. The Company offers online financial information platform. Tech Bureau Tech Bureau provides cryptographic currency and Blockchain technology using […]
Ali Yahya, Mad Scientist @ Google Brain, Formerly GoogleX, announces on his twitter page he’s joining Andreessen Horowitz to work closely with @cdixon on crypto and A.I. investments. The Google Brain Team is a machine intelligence team focused on deep learning. […]
Everyone would like to be in good shape. Fitness and health is important for all of us. For many people, going to a local health club is a way to stay fit. However, doing the same exercises over and over, […]
Good morning! Here is the tech startup news you need to know this Tuesday. I.am+, the tech startup founded by pop star and entrepreneur will.i.am, has raised $117 million in venture funding ink.me raised $7M in new funding round to […]
With a growing number of start-ups taking up the tech space and expanding it to new horizons, Stream, which is a company on the rise has received a funding of $5 million of which $2.5 comes from Upfront Ventures and […]