The latest Falcon 9 mission launched successfully, but its reusable booster just missed sticking the landing thanks to a stalled hydraulic pump on the grid fin, according to a tweet by Elon Musk. Grid
Learning platform Udacity is to axe a big chunk of its workforce — which looks to be between a fifth and a quarter — as part of a global reorganization effort, according to VentureBeat.
A grand committee of international parliamentarians empty-chaired Mark Zuckerberg at a hearing earlier today, after the Facebook founder snubbed repeat invitations to face questions about malicious,
Facebook’s founder is facing pressure to accept an invite from eight international parliaments, with lawmakers wanting to question him about negative impacts his social network is having on demo
There are few things certain in our world except for the uplifting tendencies of technology. I’ve spent the past few years trying to prove this to myself, at least, by interviewing hundreds of t
Lilium, the developer of a new electric vertical take-off and landing vehicle for a novel flying taxi service, has poached some pretty big former executives from Airbus and Audi as it builds out its t
Pitching customers a new all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to
As technology investment and exits continue to rise across Brazil, early-stage venture capital firm monashees today announced that it has closed on $150 million for its eighth investment fund. Commitm
Airobotics, the developer of automated drones that can fly without a pilot, has raised $30 million in a new round of financing. The new funding will be used to boost the company’s manufacturing
When I think about my experience as an immigrant and entrepreneur in Silicon Valley, I remember growing up in Brazil and how we saw tech founders and CEOs as kings. We imagined what it would be like t
Gogoprint, a startup that is aiming to disrupt the traditional printing industry in Southeast Asia, has pulled in a $7.7 million investment as it prepares to expand its business in Asia Pacific. We fi
Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 mi
Henrique Dubugras and Pedro Franceschi, the co-founders of Brex, have raised $125 million at a $1.1 billion valuation just four months after the startup's public launch.
China’s Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in J
Adeyemi Ajao, the co-founder and managing director of Base10 Partners, was surprised to hear his firm's $137 million fund was the largest debut to date for a black-led venture capital firm. He and
After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months aft
As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the next proving ground to determine who will be the victor in the ride-hailing market.
The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its first market in Europe. Ola was founded in 2010 a
Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand. The Chinese ride-hailin
Zen Rooms, the budget hotel network startup founded by Rocket Internet, had faced the deadpool earlier this year after a prospective funding deal collapsed, but now the business appears to have found