Catherine Shu
Writer
The Latest from Catherine Shu
Placer.ai, a location data analytics startup, raises $12 million Series A
Placer.ai, a startup that analyzes location and foot traffic analytics for retailers and other businesses, announced today that it has closed a $12 million Series A. The round was led by JBV Capital,
Taiwan’s entrepreneurs move forward after tense presidential election
Last Saturday, Taiwanese voters re-elected President Tsai Ing-wen to her second term after an election that split the country among generational and ideological lines. A crucial issue were the differe
Chinese podcasting and audio content app Lizhi debuts on Nasdaq
Lizhi, one of China’s biggest audio content apps, is debuting on Nasdaq today under the ticker symbol LIZI. It is the first of its major competitors, Ximalaya and Dragonfly, to go public (though Xim
Caregiving startup Homage raises Series B to enter new Asian markets
In many countries, an aging population coupled with a low birth rate is increasing the demand for qualified caregivers. In Asia, the need is especially urgent because rapid demographic shifts and chan
Sony Interactive will skip E3 again this year
Sony Interactive Entertainment will skip E3 again this year and participate instead in “hundreds of consumer events across the globe,” the company told GamesIndustry.biz today. The company
Why the world must pay attention to the fight against disinformation and fake news in Taiwan
On Saturday, Taiwan will hold its presidential election. This year, the outcome is even more important than usual because it will signal in which direction the country’s people want its relationship
Samsung shipped more than 6.7 million Galaxy 5G smartphones in 2019
Samsung Electronics announced today that it shipped more than 6.7 million Galaxy 5G smartphones in 2019, surpassing expectations set by the company earlier. During remarks at IFA in September, Samsung
Uber and Postmates claim gig worker bill AB-5 is unconstitutional in new lawsuit
Postmates and Uber have filed a complaint in California federal district court, alleging that a bill limiting how companies can label workers as independent contractors is unconstitutional. The compla
Grab and Singtel team up to apply for a digital full bank license in Singapore
Grab and Singtel, one of the largest telecoms in Singapore, announced today that they are applying for a digital full bank license together. If approved, the license will allow them to offer simple cr
2020 will be a big year for online childcare — here are 6 startups to watch
Over the weekend, media and digital brand holding company IAC announced that it had agreed to buy Care.com, which describes itself as “the world’s largest online family care platform,” in a
Will audio livestreaming take off in America?
For many podcast listeners, following their favorite shows is a solitary experience. A recent survey of 2,000 users by the University of Florida College of Journalism and Communications found they lis
Facebook acquires Madrid-based cloud gaming startup PlayGiga
Facebook has acquired PlayGiga, a Madrid-based cloud gaming startup. The company confirmed the deal to CNBC today, the week after Cinco Dias reported it was in talks to buy PlayGiga for about 70 milli
Amazon’s third-party merchants are now barred from using FedEx Ground for Prime shipments
Third-party vendors were told by Amazon over the weekend that they are barred from using FedEx’s ground delivery services for Prime shipments. The Wall Street Journal reports that a message sent by
Gift Guide: Gifts that weave together tech, science and textile crafts
The history of textiles and computing are closely intertwined, with the punch cards used for Jacquard looms inspiring the design of Charles Babbage’s Analytical Engine, one of the earliest computers
Bluespace.ai, a startup focused on AV technology for mass transit, gets $3.5 million in seed funding
Bluespace.ai, a new autonomous driving startup focused on mass transit, announced today that it has raised $3.5 million in seed funding led by Fusion Fund. Other investors include YouTube co-founder S
Childcare benefits startup Kinside launches with $4 million from investors including Initialized Capital
Childcare is one of the biggest expenses for American parents — and it’s not just families that are taking a hit. Childcare issues cost the United States’ economy an estimated $4.4 billion i
Electric vehicle startup Nio lays off 141 employees at its North American headquarters
Electric vehicle startup Nio is laying off 141 people at its North American headquarters. According to a filing from Employment Development Department of California, the employees at Nio’s San J
Style Theory, a fashion rental startup in Southeast Asia, raises $15 million led by SoftBank Ventures Asia
Style Theory, a platform for renting designer apparel in Indonesia and Singapore, announced today it has raised $15 million in Series B funding. The startup says this is the first closing of the round
Huawei sues FCC over ‘unconstitutional’ ban on the use of federal subsidies to buy its equipment
Huawei said today it is suing the Federal Communications Commission, asking to overturn a ban on carriers from using money from the Universal Service Fund (USF) to buy equipment from Huawei and ZTE. T
Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer
Korean e-commerce giant Coupang has a new chief financial officer. The company announced today that it has hired Alberto Fornaro, who previously served the same role at International Gaming Technology