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Digital banking startup Revolut raises $250M at a valuation of $1.7B
Revolut, the London-based fintech that offers a digital banking account and sprawling set of other financial services, is disclosing that it has raised a whopping $250 million in Series C funding, les
Y Combinator is going after Chinese startups with its first official event in China
High-profile U.S. startup accelerator Y Combinator is making a push to bring more China-based startups into its program after it announced its first official event in the country. YC has made a push t
Early Go-Jek investor NSI Ventures goes independent and rebrands to Openspace
NSI Ventures, the Singapore-based VC firm affiliated with PE firm Northstar Group that invested early in ride-sharing unicorn Go-Jek, is going independent after it announced it has rebranded to Opens
Business solutions firm Africa’s Talking closes $8.6M round led by IFC
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Business solutions firm Africa’s Talking closes $8.6M
In the age of Cambridge Analytica what are reasonable data norms?
Sameer Noorani Contributor Share on Twitter Sameer Noorani is a serial entrepreneur currently working on a stealth startup. His previous startups include: Roomvine, Hoodere and RoundOnefight. Thin
Allegro.AI nabs $11M for a platform that helps businesses build computer vision-based services
Artificial intelligence and the application of it across nearly every aspect of our lives is shaping up to be one of the major step changes of our modern society. Today, a startup that wants to help o
China-based online education companies just launched an aggressive hiring spree in search of U.S. teachers
Teachers have long supplemented their incomes by tutoring. And there’s perhaps never been a better, or easier, time to do it than right now. The reason: China-based online education companies
How Microsoft helped imprison a man for ‘counterfeiting’ software it gives away for free
In a sickening concession to bad copyright law and Microsoft's bottom line over basic technical truths and common sense, Eric Lundgren will spend 15 months in prison for selling discs that let people
Acorns launches retirement account product to expand beyond retail investing
Acorns, the mobile service that’s providing a gateway to investing in the stock market, has completed the master plan it set in motion months ago with the acquisition of Vault by finally launch
Adtech company BuySellAds acquires a majority stake Digg
It looks like Digg has found a new owner: digital advertising company BuySellAds, which has acquired a majority stake in the news aggregator. It seems that last month’s shut down of Digg Reade
Rookout raises $4.2M for its rapid production debugging platform
Few people get into coding because they enjoy debugging, but since there’s no such thing as perfect code, issues inevitably pop up. Israeli startup Rookout is tackling one aspect of this by help
The FDA is cracking down on Juul e-cig sales to minors
The FDA has its eye on Juul Labs, the e-cigarette company that has captured nearly half of the $2 billion e-cig market. Yesterday, the U.S. Food and Drug Administration Commissioner Scott Gottlieb ann
Facebook warns GDPR could flatten or reduce European user count
Europe’s sweeping privacy law GDPR goes into effect May 25th, and Facebook is being forced to push users through new agreements to terms of service changes required to comply with the law. That&
Facebook’s Internet.org has connected almost 100M to the ‘internet’
Facebook is getting the developing world online, even as the developed world criticizes its privacy practices. Mark Zuckerberg said today on Facebook’s Q1 2018 earnings call that “our Inte
PayPal shares tick up after surpassing expectations for the quarter
PayPal reported its first-quarter results after the bell on Wednesday, sending shares up about 3 percent in after-hours trading, due to better-than-expected numbers. Adjusted earnings per share for th
Ford to stop selling every car in North America but the Mustang and Focus Active
Ford today announced it will phase out most cars it sells in North America. According to its latest financial release, the auto giant “will transition to two vehicles” — the Mustang
Will Elon Musk give us the cyborg dragon we want, or the one we need?
It’s 2018. We need a stupid cyborg dragon. You know it, I know it. But only one borderline super villain billionaire is brave enough to actually build the damn thing. Elon Musk, who definitely doesn
Qualcomm delivers a better-than-expected second quarter amid its chaotic year
Fresh off a massive cascading series of fiascos that has thrown the future of Qualcomm into doubt, the company managed to report a mostly positive first quarter and keep the stock from going into a fu
Facebook beats in Q1 and boosts daily user growth to 1.45B amidst backlash
Amongst massive criticism over data privacy, Facebook showed the resiliency of its advertising machine by beating Wall Street’s $11.41 billion revenue estimate in its Q1 2018 earnings report by
Dolo delivers on the Foursquare prophecy of hyper-local tips
Dolo is the kindness of strangers as an app. Where’s the prettiest place in the park? What’s the best thing on the menu? How do I skip the line? Dolo lets you leave helpful suggestions for