Good morning! Below are some of the top tech startup news for today, Thursday, October 17, 2019. Airbnb’s quarterly loss reportedly doubled in Q1, a bad sign as investors grow wary of money-losers. Unicorn startups are beginning to face the […]
Good evening! Below are some of the top tech startup news for today, Wednesday, October 16, 2019. SoftBank in talks with JP Morgan on WeWork bailout as cash is expected to dry up by mid-November. A little over two weeks ago, WeWork […]
Ride-hailing giant Uber is buying a majority ownership stake in Latin America grocery delivery startup Cornershop. The startup currently operates in Chile, Mexico, Peru and Toronto. The financial term of the deal was not disclosed. The deal, expected to close […]
Good morning! Below are some of the top tech startup news for today, Wednesday, October 9, 2019. Akamai Technologies is acquiring Israeli startup ChameleonX. Akamai Technologies, a Cambridge, MA-based intelligent edge platform for securing and delivering digital experiences, is to acquire […]
Good evening! Below are some of the top tech startup news for today, Tuesday, October 8, 2019. Doorstead secures $3.3M in seed funding to expand its business footprint. Doorstead, a San Francisco, CA-based property management startup, has raised $3.3m in seed […]
AxleHire, a provider of logistics innovation for the last mile economy, has acquired New York City-based startup Covet Shipping. The financial term of the deal was not disclosed. The acquisition, which is part of AxleHire’s strategic expansion across the United […]
Good morning! Below are some of the top tech startup news for today, Monday, October 7, 2019. ByteDance, the parent company of TikTok, is looking to sell its overseas news app TopBuzz. ByteDance is reportedly gearing up to sell its overseas […]
With billions of dollars in war chest, Apple confirmed on Friday that it had bought IKinema, a U.K.-based 3D animation company. The financial term of the deal was not disclosed. CNBC first broke the news on Friday. Founded in 2006, […]
Accenture, one of the world’s leading global professional services company, is acquiring Kirkland, WA-based Nytec to expand its Industry X.0’s ability to innovate connected, Internet-of-Things (IoT)-enabled experiences for clients from idea through to realization — an area in which both Accenture and […]
Tiny, a Canadian technology holding company, Meteor, a popular open source app and development platform overseen by San Francisco-based Apollo. Using a single codebase, Meteor’s JavaScript App Platform radically simplifies coding for developers building reactive, multi-device experiences for servers, browsers, and […]
OJO Labs, a tech startup that empowers consumers to make better decisions through its conversational AI (artificial intelligence) platform, “OJO,” has acquired Austin-based RealSavvy, a powerful real estate software platform for REALTORS®, brokers, and teams that combines its collaborative IDX […]
Late last year, we wrote about BlaBlaCar after the French carpooling unicorn startup raised $113 million (€101 million) Series D extension and acquired Ouibus. Now, BlaBlaCar is doing it again. In its ‘biggest’ acquisition to date, BlaBlaCar is buying Eastern European […]
Facebook on Monday announced the acquisition of CTRL-labs, a New York-based startup that specializes in allowing humans to control computers using their brains approximately $1 billion, according to news first reported by CNBC citing a source familiar with the matter. Facebook […]
GitHub, a tech startup Microsoft bought in June 2018 for $7.5 billion, has acquired Semmle, a startup that provides code analysis tool to help developers and security researchers spot code exploits and discover potential vulnerabilities in their code. Founded in 2006 […]
Good morning! Below are some of the top tech startup news for today, Monday, September 23, 2019. Microsoft launches e-commerce tools to compete with Amazon in the cloud business. Microsoft Monday announced the roll out of two e-commerce tools to take […]
Edtech startup Noodle has acquired Clark, a software for tutoring business startup for an undisclosed amount. Noodle makes the process of searching for education better through transparency and efficiency. In a blog post, Clark co-founders Megan O’Connor and Sam Gimbel, wrote: “Today […]
Just two days, we wrote a story about Alibaba nearing a deal to acquire NetEase Kaola for $2 billion. Now, it is official. Alibaba confirmed the story Friday. The world’s e-commerce giant announced it will acquire NetEase’s cross-border e-commerce business unit, […]
Terra Drone Corporation, a drone startup and one of the world’s largest provider of industrial drone solutions, today announced it has finalized its expansion into the Australian market after completing an equity investment in Australian firm, C4D Intel Pty Ltd. The terms […]
Rumors continue to swirl around Alibaba acquisition of NetEase‘s cross-border retail platform unit, Kaola. After many weeks of media speculations, Alibaba may finally be buying Kaola this week for $2 billion, according to an exclusive report from 36kr.com, which first broke […]
Good morning! Below are some of the top tech startup news for today, Tuesday, September 3, 2019. Chinese deepfake app Zao goes viral, but faces backlash over privacy concerns. Zao, a new Chinese app that lets users swap and superimpose […]
