JD.com, one of China’s largest e-commerce companies, is launching a new Beijing-based accelerator program for artificial intelligence and blockchain startups. Called AI Catapult, its first batch includes six companies: Bankorus,…
Tencent and JD.com each take minority stakes in Chinese retail group Better Life
Long-time collaborators Tencent Holdings and JD.com have each bought minority stakes in Better Life, a Chinese retail conglomerate. According to a filing made on Friday by Better Life, which is…
Nissan and DeNA will begin testing a self-driving taxi service in Japan next month
Nissan Motor and DeNA announced today that field tests of Easy Ride, the self-driving taxi service they developed together, will begin next month in Japan. This means that Nissan and…
The SEC says companies must disclose more information about cybersecurity risks
The U.S. Securities and Exchange Commission issued new guidance calling on public companies to be more forthcoming when disclosing cybersecurity risks, even before a breach or attack happens. The statement,…
The SEC says companies must disclose more information about cybersecurity risks
The U.S. Securities and Exchange Commission issued new guidance calling on public companies to be more forthcoming when disclosing cybersecurity risks, even before a breach or attack happens. The statement,…
Facebook Messenger now lets you add more people to in-progress calls
Facebook Messenger now lets you add more people to a voice or video call without hanging up first. The new feature is available with the latest Android and iOS Messenger…
Twitter updates its policy on tweets that encourage self-harm and suicide
Twitter, which is constantly criticized for not doing enough to prevent harassment, has updated its guidelines with more information on how it handles tweets or accounts that encourage other people…
Sony Corp. to launch an AI-based taxi-hailing service in Japan
Sony Corporation said today that it will build an AI-based ride-hailing system in Japan in partnership with five taxi companies. The service will use artificial intelligence to manage taxi dispatches…
The Rise of the Rest seed fund announces its first group of investments
The Rise of the Rest seed fund’s first round of startup investments cover eight states that are usually overlooked by tech investors, including Kentucky, South Carolina and Ohio. The $150…
Uber launches a new lower-priced service called Chap Chap in Nairobi
Uber has launched a new, lower-cost service in Nairobi called Uber Chap Chap. Made possible by using a fleet of fuel-efficient budget sedans, Uber Chap Chap (Swahili slang for “hurry,…
UJET, a startup that wants to speed up customer support, raises $25M led by GV
UJET, a startup that makes software to improve customer support, said today that it’s raised a $25 million Series B led by GV (formerly known as Google Ventures). Other participants…
nOCD gets $1M seed round to help people with obsessive-compulsive disorder
nOCD, an app created to help people treat obsessive-compulsive disorder, will launch an Android version and add more features after raising a $1 million seed round from early-stage healthcare investment…
Alibaba signs deal with Disney to stream its animated shows in China
Alibaba Group’s entertainment unit has signed a major licensing deal to show many of Disney’s animated series and movies on Youku, its streaming video service, and other distribution channels. The…
Tronc starts its new digital strategy with a majority stake in product review site BestReviews
Tronc, the company formerly known as Tribune Publishing, announced today that it now owns a majority stake in BestReviews, which publishes in-depth reviews of consumer products. According to an SEC…
Seattle says Facebook broke one of its campaign advertising laws
Seattle’s election commission says Facebook broke a city law that requires it to disclose who paid for campaign ads. Reuters reports that the Seattle Ethics and Elections Commission’s executive director,…
Leshi Internet says it must repay $890 million in debts by the end of 2018
Leshi Internet, one of China’s largest video-streaming services, disclosed that it must pay back 5.62 billion RMB (about $890 million) by the end of this year. Leshi Internet’s (also known…
Stripe will open its first engineering center outside the United States in Dublin, the company told Reuters today. Dublin isn’t a surprising choice. Though the online payment processing provider is…
Fashion subscription service Le Tote ventures into China’s competitive luxury retail market
China has already been one of the fastest-growing luxury retail markets in the world for years. As their spending power increases, consumers are becoming more picky, demanding premium goods at…
Freedom of the Press Foundation will preserve Gawker’s archives
Gawker’s posts will be captured and saved by the non-profit Freedom of the Press Foundation, following a report that venture capitalist Peter Thiel wants to buy its remaining assets, including…
American Express announced today that it has acquired Mezi, the AI-based virtual travel assistant, for an undisclosed amount. After the deal closes, Mezi will become a wholly-owned subsidiary of American Express.…
Fleet raises $10M Series A to make international logistics speedier and more transparent
Fleet, a startup focused on making international logistics less onerous for small companies, announced that it has raised a Series A of $10 million. The round was led by Lufthansa…
Nexar gets $30M Series B for its AI-based road safety dashcams and network
Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included…
Why inclusion in the Google Arts & Culture selfie feature matters
When Google Arts & Culture’s new selfie-matching feature went viral earlier this week, many people of color found that their results were limited or skewed toward subservient and exoticized figures.…
AI voice assistant developer Rokid raises $100M Series B extension to build its US presence
Rokid, a Chinese startup that makes an AI voice assistant and smart devices, just raised a Series B extension round led by Temasek Holdings, with participation from Credit Suisse, IDG…
Twitter hits back again at claims that its employees monitor direct messages
Twitter is pushing back against claims made by conservative activist group Project Veritas that its employees monitor private user data, including direct messages. In a statement to media outlets, it…
Startup news platform Tech.co acquired by digital marketing firm MVF
Tech.co, an online platform and events organizer for startups, announced today that it has been acquired by digital marketing firm MVF. The deal’s terms were undisclosed.
Ford will boost electric vehicle spending to $11B and offer 40 electrified models by 2022
Ford Motor will boost its investment in electric vehicles to $11 billion by 2022, said chairman Bill Ford at the Detroit Auto Show today. This is a huge increase from…
Tech executives join more than 100 business leaders calling on Congress to move quickly on DACA
Many of tech’s most prominent executives, including the CEOs of Apple, Facebook, Amazon and Google, have joined more than 100 American business leaders in signing an open letter asking Congress…
Wonderschool gets $2.1M to bring its early childhood programs to New York City
Wonderschool, a network of in-home daycare and preschools, plans to open 150 programs in New York City after raising $2.1 million in new funding. The capital comes from non-profit investment…
Samsung forecasts record fourth-quarter profit, but still misses analysts’ expectations
Samsung Electronics expects to post another record profit for the final quarter of 2017, but it results may still fall a bit short of analysts’ expectations. In earnings guidance issued…