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Xiaomi postpones plan to sell shares in China alongside Hong Kong IPO

Chinese smartphone giant Xiaomi has shelved a plan to sell shares in China in conjunction with its imminent Hong Kong IPO. The company will instead go public in Hong Kong first and consider the poten

Apple slapped with $6.6M fine in Australia over bricked devices

Apple has been fined AUS$9M (~$6.6M) by a court in Australia following a legal challenge by a consumer rights group related to the company’s response after iOS updates bricked devices that had b

Penta, the bank account for SMEs, adds multi-card support to manage expenses

Penta, the German fintech startup that offers a digital bank account targeting SMEs, has launched multi-card support to make it easier to manage company expenses. Dubbed ‘Team Access,’ the

Talentry scores €6M for its ‘social recruitment and marketing’ platform

Talentry, a startup based in Munich that has developed a “social recruitment and marketing platform,” has closed €6 million in Series A funding. Leading the round is Nauta Capital, the p

Microsoft says it is “dismayed” by the forced separation of migrant families at the border

Amid calls for a boycott and employee dissent over its cloud-computing deal with the United States Immigration and Customs Enforcement (ICE), Microsoft issued a statement saying that the company &#

ezCater raises $100M as it looks to own office catered meals around the world

Everyone at the office needs lunch (or in some cases dinner) — but for salespeople trying to entice a potential lead or convince an architect to pick up their project, they might need to use a free

Veriff raises $7.7M Series A to become the ‘Stripe for identity’

Veriff, the Estonian startup that wants to become something akin to the ‘Stripe for identity’, has raised $7.7 million in Series A funding. Leading the round is Mosaic Ventures, joining an

GameStop reportedly discussing buyout with private equity firms

Struggling retail chain GameStop is discussing a potential buyout with private equity firms, according to Reuters. The report says that one of the private equity firms is Sycamore Partners and that Ga

What’s under those clothes? This system tracks body shapes in real time

With augmented reality coming in hot and depth tracking cameras due to arrive on flagship phones, the time is right to improve how computers track the motions of people they see — even if that means

SurveyMonkey has filed confidentially to go public

The IPO window continues to remain open as SurveyMonkey, which last raised money in 2014 at a $2 billion valuation, announced today that it has confidentially filed to go public. SurveyMonkey can file

‘Gaming disorder’ is officially recognized by the World Health Organization

Honestly, “gaming disorder” sounds like a phrase tossed around by irritated parents and significant others. After much back and forth, however, the term was just granted validity, as the World Hea

Bet money on yourself with Proveit, the 1-vs-1 trivia app

Pick a category, wager a few dollars and double your money in 60 seconds if you’re smarter and faster than your opponent. Proveit offers a fresh take on trivia and game show apps by letting you

BitTorrent is selling for $140M to Justin Sun and Tron

BitTorrent, an early mover in concept of building a business around decentralised computing architecture to distribute and store data, is being sold for $140 million in cash to Justin Sun and his bloc

SpeakSee makes it simple for a deaf person to join a group conversation

There's a great deal of activity in the fields of speech recognition and the "internet of things," but one natural application of the two has gone largely unpursued: helping the deaf and hard of heari

Google rolls out Messages on the web for Android users

Messages, Google’s more recent focus for its scattered messaging efforts following its decision to “pause” work on Allo, is now available for web users. The company announced that it

Beat the clock and apply for TC Top Picks at Disrupt SF 2018

Time is running out on one of the best ways for an early-stage startup to experience Disrupt San Francisco 2018, September 5-7 at Moscone Center West. We’re designating 60 pre-Series A companies t

US Armed Forces is getting a Space Force over the objections of the Secretary of Defense

President Donald J. Trump intends to create a new Space Force within the U.S. Armed Forces. The surprise announcement came today at the third meeting of the White House’s newly reconvened Space

Prisma co-founders raise $1M to build a social app called Capture

Two of the co-founders of the art filter app Prisma have left to build a new social app. Prisma, as you may recall, had a viral moment back in 2016 when selfie takers went crazy for the fine art spi

Photomyne raises $5 million for its A.I.-powered photo scanning app

Tel Aviv-based Photomyne, an A.I.-powered app that helps you bring your old photo prints online, has been benefitting from the subscription app boom to the tune of $5 million in Series A funding. Tod

Oval Money app launches its investment products for millennials

Back in April Oval Money launched with the idea of combining expense tracking, saving, and investing into one app, while also adding a social element by enabling its community of users to share tips a
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