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TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups

TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like appr

Revolut gets European banking license in Lithuania

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the regula

Watch Rocket Lab launch 10 cubesats into orbit tonight for NASA

It's been just over a month since Rocket Lab's inaugural (and long-delayed) commercial launch, "It's Business Time," and it's about to take another customer to space: NASA. Tonight's 8PM scheduled lau

Stratim, formerly known as valet startup Zirx, sues co-founder for theft

Stratim, the mobility services company formerly known as Zirx, is suing its co-founder and now-former COO Shmulik Fishman for breach of fiduciary duties, civil conversion, criminal conversion, theft,

‘The Mandalorian’ cast includes Pedro Pascal, Gina Carano … and Werner Herzog

Lucasfilm has released an initial cast list for “The Mandalorian,” the live-action Star Wars series that Jon Favreau is creating for the upcoming streaming service Disney+. Pedro Pascal, w

Scoot unveils new lock to prevent scooter theft

During the first two weeks of Scoot’s operations of shared, electric scooters in San Francisco, more than 200 scooters were either stolen or damaged beyond repair, Scoot CEO Michael Keating wrot

Wellness giant Life Time targets co-working, shopping malls for next act

Founded in 1990 by CEO Bahram Akradi, Minnesota-based Life Time used to be known as a premier health club that operated large gyms mainly in affluent suburbs in Midwestern and Southern states. Its suc

Bowery, an indoor farming startup, raises $90 million more, including to counter a SoftBank-funded rival

When in July of last year, SoftBank’s Vision Fund led a whopping $200 million round in the Silicon Valley startup Plenty, investors behind a competing indoor farming startup across the country,

Changing consumer behavior is the key to unlocking billion-dollar businesses

Revolutionary products succeed when they deliver value to their users. The fact that a product creates a behavior shift is not enough. It must create value to overcome the initial skepticism.

Fortnite developer Epic Games to release SDK for cross-platform profiles

Epic Games unveiled plans for a new developer framework for online services. This framework will let other game developers add cross-platform support into their games. The SDK will be free and roll ou

Senators aim to give internet companies doctor-like duties to protect our data

Consumers are increasingly entrusting online services with all kinds of personal data — but that trust has been repeatedly abused or taken for granted. If a doctor or a lawyer did that, they’d

Farfetch bets on sneakers with $250M Stadium Goods acquisition

Luxury fashion marketplace Farfetch will tap into the sneaker resale economy with its latest transaction.

Oracle is suing the US government over $10B Pentagon JEDI cloud contract process

Oracle filed suit in federal court last week alleging yet again that the decade-long $10 billion Pentagon JEDI contract with its single-vendor award is unfair and illegal. The complaint, which has b

Confirmed VPN wants to bring transparency to the VPN industry

The VPN industry sucks. Dozens of companies promise you the impossible dream of perfect privacy. But it’s simply a big lie. A company called Confirmed VPN wants to change that by holding VPN compani

Android users can now donate to charities through the Google Play Store

The Google Play Store is receiving an update today that will allow customers to make charitable donations to nonprofits from their Android device. While it may seem odd to be rallying for support for

Facebook settles Oculus VR lawsuit with ZeniMax

Nearly five years after announcing its acquisition of Oculus VR, Facebook is finally ready to put behind it the drama surrounding its founding. Gaming giant ZeniMax Media’s lawsuit against Faceb

Report: Apple’s news and magazine subscription service to launch in early 2019

Bloomberg today updated its earlier reporting on Apple’s plans for a news and magazine subscription service. Earlier this year, the outlet said Apple would relaunch the digital newsstand busines

Uber launches a bus service in Egypt

Uber, which is gearing up to go public early next year, is really doubling down on this whole multi-modal transportation provider effort. Earlier this month, Uber CEO Dara Khosrowshahi announced the l

YayPay raises $8.4 million for its accounts receivable service

Fintech startup YayPay just raised another $8.4 million for its software-as-a-service solution focused on collecting money from outstanding invoices. The company participated in TechCrunch’s Startup

Accenture will acquire digital ad company Adaptly

Accenture announced today that it’s reached an agreement to acquire Adaptly. The digital advertising company launched in 2010 with self-serve tools for running ads across different social networ
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