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Tier Mobility acquires Coup’s electric moped scooters

Tier Mobility operates a scooter service, the kick-scooter-with-a-motor kind. And it has acquired assets from Coup, a now defunct scooter service, the moped kind. Coup shut down late last year, and Ti

B-Social, the UK fintech building a ‘social bank’, raises additional £7.8M ahead of rebrand

B-Social, the London-based fintech building what it calls a “social bank,” is announcing that it has raised a further £7.8 million in seed funding. Once again the injection of capital com

Fifth Wall Ventures’s new $100 million “retail” fund aims to back online brands that need real world space

Fifth Wall Ventures, a four-year-old, the L.A.-based, real-estate focused venture firm, has just closed a $100 million vehicle called that it’s calling its “retail fund.” The vehicle

Chinese firms rush to bring 5G smartphones to India

India is unlikely to have any substantial coverage of 5G until at least the end of next year, with telecom operators in the country yet to participate in spectrum auction. But that hasn’t stopped Ch

Minute Media raises $40M more for its user-generated, syndication-based sports publishing platform

When it comes to the internet, content may be king, but in many cases, the emperor has no clothes. That is to say, the masses may click on interesting stories, video, music and other media, but buildi

On-demand tutoring app Snapask gets $35 million to expand in Southeast Asia

Snapask, an on-demand tutoring app, announced today that it has raised $35 million in Series B funding. Earmarked for the startup’s expansion in Southeast Asia, the round was led by Asia Partners an

Stonly grabs $3.5 million to make customer support more interactive

Stonly is building a service for customer support teams so that they can share step-by-step guides to solve the most common issues. The startup just raised a $3.5 million funding round led by Accel wi

New York’s BounceX reaches $100M ARR, rebrands

Welcome to the $100 million ARR club, BounceX. This morning (evening, timezone depending), BounceX, a New York-based marketing technology startup, announced that it has reached the $100 million annual

AI chatbot maker Babylon Health attacks clinician in PR stunt after he goes public with safety concerns

UK startup Babylon Health pulled app data on a critical user in order to create a press release in which it publicly attacks the UK doctor who has spent years raising patient safety concerns about the
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Building synthetic muscle for robots

Ras Labs is a small Boston-based startup that uses a unique material that can expand and contract li

VCs bet millions on Microverse, a Lambda School for the developing world

The student loan crisis in the U.S. has left venture capitalists searching for novel approaches to financing higher education, but can the same systems designed for helping coders in Silicon Valley ge

Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation

It’s been a big news day for Salesforce . It announced that co-CEO Keith Block would be stepping down, and that it had acquired Vlocity for $1.33 billion in an all-cash deal. It’s no coinc

Checkout.com acquires payment optimization startup ProcessOut

Checkout.com, the quiet London-based payment platform, has acquired its first startup, ProcessOut. Checkout.com surprised everyone last year when it announced a gigantic $230 million Series A round. I

Samsung’s Galaxy S20 Ultra is a lot of phone for a lot of money

Let’s talk about money. More specifically, let’s talk about how much things cost. A few years back, the price of flagship smartphones leapt above the $1,000 threshold, owing largely to the cost of

Salesforce co-CEO Keith Block steps down

Salesforce today announced that Keith Block, the company’s co-CEO, is stepping down. This leaves company founder Marc Benioff as the sole CEO and chair of the CRM juggernaut. Block’s bio h

Disney CEO Bob Iger immediately steps down from CEO position

The Walt Disney Company announced this afternoon that Robert Iger, the company’s long-time CEO who ushered in the company’s lush franchise and entertainment platform profits, will step dow

Facebook acquires the VR game studio behind one of the Rift’s best titles

Facebook is aiming to build on its VR hardware launches of 2019 with an investment in virtual reality software. Facebook announced today that it has acquired Bay Area VR studio Sanzaru Games, the deve

Three-quarters of Americans lack confidence in tech companies’ ability to fight election interference

A significant majority of Americans have lost faith in tech companies’ ability to prevent the misuse of their platforms to influence the 2020 presidential election, according to a new study from

Comcast acquires free streaming service Xumo

Comcast has acquired Xumo, a free, ad-supported streaming service with more than 190 channels. The service has a complicated ownership history — it began in 2011 as a joint venture between Panasonic

A security mishap left Remine wide open to hackers

Security is all too often focused on keeping hackers out and breaches at bay. But in the case of Remine, a real estate intelligence startup, it left its doors wide open for anyone to run rampant. Remi
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