Catherine Shu
Writer
The Latest from Catherine Shu
The CareVoice raises $10 million to develop better tech for insurance providers in Asia
The CareVoice, a Shanghai-based health insurance software startup with ambitions to expand throughout Asia, announced today that it has raised about $10 million in Series A funding. The investment was
Binance launches Venus, which it calls an ‘independent, regional version’ of Facebook’s Libra
Binance, the world’s largest cryptocurrency exchange, announced today that it will launch an open blockchain project called Venus to develop regional stablecoins pegged to fiat currencies (or tradit
Twitter is blocked in China, but its state news agency is buying promoted tweets to portray Hong Kong protestors as violent
Twitter is being criticized for running promoted tweets by China’s largest state news agency that paint pro-democracy demonstrations in Hong Kong as violent, even though the rallies, including one t
YC-backed Eden Farm wants to cut out the middlemen between farmers and restaurants in Indonesia
Eden Farm is a startup with the ambitious goal of building a food distribution network for Indonesia, where many restaurants currently rely on markets for fresh ingredients. But this means high markup
TransferWise’s debit card launches in Australia and New Zealand, with Singapore to follow
International money transfer startup TransferWise’s debit card is now available in Australia and New Zealand, with a Singapore launch expected by the end of this year as the company expands its pres
YC-backed startup Binks can ship custom-made clothing to Indian women in just three days
Binks is a custom clothing startup created after co-founder and CEO Aamna Khan realized how frustrating it is to find well-fitting women’s workwear in Indian cities. Currently participating in Y Com
WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions
Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures (the investment arm of s
China’s largest Q&A platform, Zhihu, raises $434 million from investors including Kuaishou, Baidu and Tencent
Zhihu, the largest question and answer platform in China, has raised a $434 million Series F. This is not only the company’s biggest round since it launched in 2011, but also one of the largest secu
ByteDance launches a new search portal that returns a mix of results from the Web and its own platforms
ByteDance has taken another step into search with the launch of a new search portal today. Called Toutiao Search, the portal is part of the website for Toutiao, the news aggregator owned by ByteDance,
Google and Twitter are using AMD’s new EPYC Rome processors in their data centers
Google and Twitter are among the companies now using EPYC Rome processors, AMD announced today during a launch event for the 7nm chips. The release of EPYC Rome marks a major step in AMD’s processor
Gogoro announces Yamaha, Aeon and PGO are the first manufacturers that will use its swappable batteries in their own scooters
Gogoro, the Taiwanese electric vehicle company, has announced its first manufacturing partners. Yamaha, Aeon Motor and PGO will all launch new scooters this summer that run on Gogoro’s swappable bat
In a 130-page court filing, Kik claims the SEC’s lawsuit ‘twists’ the facts about its online token
Kik Interactive has hit back at the Securities and Exchange Commission lawsuit that claims a $100 million token sale was illegal. The company, which owns Kik Messenger, filed a 130-page response today
The Federal Reserve announces plans for a real-time payments system that will be available to all banks
The Federal Reserve Bank announced today that it is developing a new service called FedNow that will allow all banks in the United States to offer 24/7 real-time payment services every day of the week
Financial services marketplace CompareAsiaGroup raises $20 million in new funding led by Experian
Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup, the financial services marketplace. Experian led the initial closi
Data-driven events discovery and planning startup Fever raises $35 million led by Rakuten
Fever, a startup that uses proprietary algorithms to help companies plan events, announced today that it has raised $35 million led by Rakuten Capital, the investment arm of Japanese internet giant Ra
MIT researchers are working on AI-based knitting design software that will let anyone, even novices, make their own clothes
The growing popularity of 3D printing machines and companies like Thingiverse and Shapeways have given previously unimaginable powers to makers, enabling them to create everything from cosplay accesso
Didi Chuxing’s autonomous driving unit is now an independent company
Didi Chuxing’s autonomous driving unit is now an independent company, the Chinese ridesharing and transportation giant said today. Didi’s autonomous driving team was created in 2016 and now has mo
Cloudflare will stop service to 8chan, which CEO Matthew Prince describes as a ‘cesspool of hate’
Website infrastructure and security services provider Cloudflare will stop providing service to 8chan, wrote Matthew Prince in a blog post, describing the site as a “cesspool of hate.” Service wil
Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China
Ridesharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy company, to build electric-vehicle charging infrastruct
Education software maker Pearson says data breach affected thousands of accounts in the US
Pearson, the London-based educational software maker, said today that thousands of school and university accounts, mostly in the United States, were affected by a data breach. The company added that i