Geely, the Chinese parent company of Volvo completed the acquisition of flying-car startup Terrafugia, the company announced in a press release Monday. Before you start thinking of placing your, make sure you check your wallet. A Terrafugia flying car will set you […]
You probably have never heard of Honeycomb. That is is because it is a new startup that was launched early this year. As part of our feature coverage of new and upcoming startups, we scour Portuguese websites to new and […]
Amazon shuts down its online product discovery platform, Junglee, given up the Indian market. The ecommerce giant Amazon has reportedly shut down online product discovery platform, Junglee. Amazon made an entry into the Indian market with Junglee.com back February 2012. […]
The cybersecurity firm Bkav said a $150 3D-printed mask was used to fool the Face ID software, which is used to unlock the iPhone X, authorize payments and log in to apps. If this claim is true, it means Apple […]
Bill Gates commits $100 mn for VC fund, startups to fight Alzheimer’s. Billionaire Microsoft co-founder Bill Gates is to invest $50 million in the Dementia Discovery Fund, a venture capital fund that brings together industry and government to seek treatments for […]
A former U.S. Secret Service Special Agent, who had been a member of the Baltimore Silk Road Task Force, was sentenced to prison today on charges of money laundering, the Justice Department said in a press release statement. Shaun W. […]
Star Wars Battlefront 2 is now available in a one-week preview. The official release date is November 17, 2017. Battlefront 2 is the sequel to Dice’s 2015 multiplayer shooter. The Battlefront 2 is an upcoming action shooter video game based […]
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 […]
