One of the reasons for the slow adoption of electric vehicles is cost. According to a U.K survey, 37 percent of people say the most common reason for not buying an electric vehicle was a lack of fast charging points […]
Quantum computing has been around since the early 1980s when physicist Paul Benioff proposed a quantum mechanical model of the Turing machine. Unlike the conventional computers that store information using bits represented by 0s or 1s, quantum computers use quantum bits, […]
In March 2020, NBC Brian Williams was criticized for a simple math error while discussing Bloomberg on MSNBC. “Bloomberg spent $500 million on ads. The U.S. population is 327 million. He could have given each American $1 million and still have […]
As you may recall in early August, Apple announced the plans to scan and monitor all US iPhones for evidence of child abuse images. However, security researchers raised concerns over the potential surveillance of personal devices saying the system could be misused […]
In February we covered Justo’s Series A round when the Mexico City-based FoodTech startup raised $65 million Series A funding to fuel its expansion into Mexico and Latin America. Justo had exponential growth of 800% in the last year in Mexico, thanks to […]
Early this year, Elon Musk urged his 50 million Twitter followers to leave Facebook and use the secure messaging app Signal instead. It all started after a revelation that WhatsApp, a Facebook-owned app, began issuing a privacy update notification to users making […]
With growing awareness of global warming and the harmful effects of pollution and emissions on the environment, many in urban areas are now switching to electric bikes (e-bikes) as one of the ways to combat global warming and climate change. […]
As you may recall, we covered Databricks after Amazon, Alphabet, Salesforce, and others invested $1 billion in the cloud-native tech startup to scale and support the company’s rapid adoption of the lakehouse, which is quickly becoming the data architecture of choice […]
Prosus, Europe’s answer to SoftBank and its Vision Fund, is making its biggest-ever bet in the Indian tech space with a $4.7 billion acquisition for payments fintech startup BillDesk, making it one of the biggest players in the country’s fast-growing […]
In October 2020, Whoop closed a $100 million in Series E funding with backing from SoftBank, IVP, Eli Manning. The round valued the company at $1.2 billion making the Boston-based health tech startup and the maker of a wearable device a member […]
As you may recall from our coverage two weeks ago, Chinese AI facial recognition startup SenseTime was reportedly aiming to go public in a $2 billion IPO on the Hong Kong stock exchange. SenseTime is the maker of AI-powered technology used […]
Fontinalis Partners is a Detroit-based venture capital firm focused on next-generation mobility founded by Ford Motors chairman Bill Ford. But Fontinalis is not currently affiliated with Ford Motor Company. Founded over a decade ago, Fontinalis supports entrepreneurs who are boldly reshaping mobility. […]
With its popularity and success in short video clips, TikTok’s parent company ByteDance is making its first foray into virtual reality (VR) with the acquisition of a San Francisco-based tech startup Pico Interactive as it looks to expand into gaming. The […]
As you may recall, we reported back in June about a mind-blowing concept designed to catch SpaceX Starships and its superheavy boosters to bring humanity to Mars. The idea was designed by a small obscure startup called Small Stars which can be […]
For years, autonomous vehicle industry veterans say only an aerospace and defense skunkworks team can successfully deliver automotive radar with the range, resolution, and real-time edge processing smarts necessary to enable Level 4-5 autonomy. Now, this new tech startup is […]
German publisher Axel Springer announced Thursday that it is buying the digital media site Politico. The two companies did not disclose the exact price of the deal, but early reports value it at about $1 billion. The Virginia-based Politico is […]
Xiaomi said Wednesday that it had acquired autonomous driving tech startup Deepmotion for about $77.37 million as it aims to expand into the crowded electric vehicle market. Xiaomi said the acquisition will “enhance the technological competitiveness” of its nascent electric vehicle business and move […]
Abtrace, a London, UK-based healthtech startup, announced today it has raised £2.1 million in seed funding to transform how chronic and long-term health conditions are detected, monitored, and treated. This round was led by the Lisbon-based VC fund Faber, with participation […]
As you may recall, we reported in the middle of last year when Google-backed drone startup Wing delivered library books so kids in Virginia can keep reading during the summer. At the time, Wing partnered with Kelly Passek, a middle school […]
ICON, an Austin, Texas-based construction tech startup using 3D printing robotics to build homes, said today announced it has closed a $207 million Series B round of funding to accelerate growth and meet the growing demand for 3D-printed construction. In conjunction with […]
