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Rakuten Mobile’s low-cost data plan fully launches in Japan

Rakuten Mobile announced the full commercial launch of its low-cost data plan in Japan today. Priced at 2,980 yen (about $27) per month, the plan gives users unlimited calls and data where Rakuten has

Phos, the UK fintech that offers a software-only POS for smartphones, raises €1.3M

Phos, the U.K. fintech that offers a software-only PoS so that merchants can accept payments directly on their phones without the need for additional hardware, has raised €1.3 million in funding. Th

MyBuddy.ai, a virtual tutor for kids learning English, raises $1 million seed round

MyBuddy.ai, a startup that develops virtual tools to help kids learn English, announced today that it has raised $1 million in seed funding from LETA Capital. The capital will be used to expand into n

Tesla to cut salaries, furlough workers as COVID-19 shutdowns expected to last until May 4

Tesla will suspend production at its U.S. factories until at least May 4 due to the COVID-19 pandemic, prompting the company to cut pay for salaried employees between 10% and 30% and furlough workers,

Australian startup SafetyCulture nabs $800 million valuation on $35.5 million round

SafetyCulture, the Australian enterprise software company that manages security and compliance checks at companies around the world, has raised $35.5 million at an $800 million valuation in its latest

Silicon Valley Bank only started processing stimulus loan applications today

In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank

Livongo stock jumps over 10 percent on revised earnings guidance, pointing to digital health boom

Livongo Health’s stock jumped over ten percent on a day that saw most exchanges tumble after a day of crazy volatility. The digital diagnostics and therapeutics company is benefiting from boomin

Hong Kong startup Neat raises $11 million Series A to give small companies more financial services

Neat, a Hong Kong-based fintech startup, announced today that it has raised a $11 million Series A to help small businesses do cross-border trade. The round was led by Pacific Century Group, with part

Tyto Care raises $50 million as it looks to buy and build new services during COVID-19 demand surge

Tyto Care, the provider of a home health diagnostic device and telemedicine consultation app, said it has raised $50 million in a new round of funding. The round was led by Insight Partners, Olive Tre

Restaurant management platform Toast cuts 50% of staff

Last valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic. Toast reduced the size of its

Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom

As the world locks down borders and capital flows to brace for the impact of coronavirus, Brazilian startups continue to attract international attention.

This low-flying growth equity firm, with payments and logistics bets, just closed a $257 million fund

Activant Capital, a seven-year-old, Greenwich, Conn.-based growth equity firm that’s still making a name for itself, has managed to secure $257 million in fresh capital commitments, despite that

NASA puts $7M toward long-shot research, from moon mining to solar lenses

NASA’s Innovative Advanced Concepts program is all about making high-risk, high-reward bets on unique — and sometimes eyebrow-raising — ideas for space exploration and observation. This year

Jack Dorsey creates $1B COVID-19 relief fund using Square equity

Jack Dorsey announced in a series of tweets today that he is shifting $1 billion in his Square equity to create a fund dedicated to COVID-19 relief. The Twitter and Square CEO is calling the fund Star

Tech shares close down on the day despite roaring start

American equities closed down today, with the major domestic indices all losing ground after a wild trading cycle. After starting the day up sharply higher after strong Monday gains, those gains were

New email service, OnMail, will let recipients control who can send them mail

A number of startups over the years have promised to re-invent email only to have fallen short. Even Google’s radical re-imagining, the Inbox app, finally closed up shop last year. Today, anothe

PlayStation 5’s new DualSense controller is a sleek and futuristic gaming accessory

Sony has revealed the design of the PlayStation 5‘s controller — a follow-on to its popular DualShock line that takes on a new name for a new generation: DualSense. The DualSense controlle

Away, the high-flying travel brand, just furloughed half its employees and laid off 10%

Pretty much everyone is getting socked by the COVID-19 shutdown. Among the latest to say so in a public way is Away, the trendy, five-year-old, New York-based travel brand that has raised roughly $180

Netflix now lets you lock your personal profile with a PIN to keep kids (and roommates) out

Want to let your kids poke around Netflix without them wandering their way beyond the kids section? Got a roommate who keeps inexplicably forgetting to use their profile and is totally screwing up you

Nuro gets OK to test its driverless delivery vehicles on California public roads

Autonomous delivery startup Nuro has been granted a permit to begin driverless testing on California’s public roads, paving the way for the company to roll out commercial operations throughout t
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