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Indian lending platform Capital Float raises $22M Series C extension from Amazon

Capital Float, the fintech startup that says it is India’s largest online lender, announced today that it has raised $22 million in new funding from Amazon. At the end of last year, reports surfaced

Heptio launches an open-source load balancer for Kubernetes and OpenStack

Heptio is one of the more interesting companies in the container ecosystem. In part, that’s due to the simple fact that it was founded by Craig McLuckie and Joe Beda, two of the three engineers

CBS All Access arrives in Canada to kick off international expansion efforts

CBS’ over-the-top streaming service, CBS All Access, is now available for the first time outside the U.S. The network today announced the service has arrived in Canada, ahead of a planned intern

Rapchat raises $1.6 million to help you make and share your def jams

The first thing to understand about media-sharing app Rapchat is that co-founder Seth Miller is not a rapper and his other co-founder, Pat Gibson, is. Together they created Rapchat, a service for maki

To win back consumers, big brands should invest in R&D and innovation

The world of consumer goods is changing. Consumer tastes are becoming more and more fragmented and big incumbents continue to lose market share to upstart brands. It’s often difficult for these incu

Ride-hailing app Careem reveals data breach affecting 14 million people

Careem, the ride-hailing company based in Dubai, revealed today it was the victim of a cyber breach. Hackers accessed the names, email addresses, phone numbers and trip data of anyone who signed up fo

The EU launches investigation into Apple/Shazam deal

The European Union has been eyeing Apple’s plans to buy Shazam for a while now. Back in February, it noted that the deal raised some preliminary competitive concerns. Today, the EU announced that it

DoD clarifies winner-take-all cloud contract

When the Department of Defense announced in March a 10-year winner-take-all cloud contract that could be worth up to $10 billion, it raised a few eyebrows. Last week, they clarified some of the condi

Bluedot Innovation gets $5.5 million in funding to track smartphone users more precisely

When it comes to the promises of persistent location hyper-awareness, the promises of mobile have largely fallen flat. While this has been a bummer for consumers looking for more contextual services f

Deliv now offers same-day delivery for Shopify retailers

Deliv, which partners with retailers like Macy’s, Best Buy and PetSmart to offer same-day delivery, is enabling Shopify retailers to offer scheduled, same-day delivery to customers. This is than

Glowforge opens public orders for its desktop 3D laser cutter

Hardware startup Glowforge, which makes a desktop laser cutter and engraver for home or office use, has finally opened up sales to the general public. The maker-targeted device, which can ‘pri

Canary’s cameras get person-detecting AI improvements

False positives are hands-down the worst part of my home security camera. At some point, the thing started sending me video snippets every time my rabbit eats a piece of arugula. Which is fine for, li

43% of music revenues came from streaming last year

Streaming services and their subscription revenue has saved the music business, according to a new music industry report, which notes that 2017 was the third consecutive year of revenue growth &#8212

Apple is offering free battery replacement for some MacBook Pro units

Apple is offering free battery replacements for some 13-inch MacBook Pro (without Touch Bar) laptops that may have a faulty component. The company announced recently that a limited number of these dev

Mobile guru Amol Sarva talks about the future of work

Amol Sarva has done some amazing stuff. The founder of Virgin Mobile, Sarva went on to create the Peek email device created back when cheap, ubiquitous mobile devices were nowhere to be found. Now he

Netflix looks to raise $1.5 billion in debt financing

In the span of 20 years, Netflix has gone from a (super convenient) Blockbuster knockoff to one of the most powerful players in media. Partially, that’s credited to Netflix’s technology, b

This is Volkswagen’s ludicrous electric Pikes Peak racer

Volkswagen is entering the yearly race up Pikes Peak with a lightweight custom racer. Called the I.D. R Pikes Peak, two electric engines are good for 680 hp and 479 lb-ft of torque. The whole package

Amazon is reportedly working on a home robot

For Amazon’s latest hardware trick, the company has apparently been working on a home robot under the codename, “Vesta.” That nugget comes via Bloomberg sources, who report that the online retai

Formlabs scores another $30 million in funding

Formlabs announced this morning that it’s raised another $30 million in a Series C led by Tyche Partners. This latest round puts the Somerville, Massachusetts-based 3D-printing company’s total fun

China’s Didi Chuxing launches its ride-hailing service in Mexico

China’s ride-sharing leader Didi Chuxing has continued its global march after it officially launched in Mexico, expanding its battle with Uber to a new front. The company raised $4 billion in De
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