ShareChat valued at $2.1 billion in $502 million fundraise
ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week. The Indian social network said it has raised $502 million in a new financin.....»»
Vietnam exports to EU hit US$10 billion in 1Q21
Exports from Vietnam to the EU experienced an 18% on-year growth to reach nearly US$10 billion in the first quarter of 2021, according to a report citing data from the Vietnamese Ministry of Industry and Trade (MoIT)......»»
Brace yourselves. Facebook has a new mega-leak on its hands
Facebook Email Search v1.0 can process 5 million email addresses per day, researcher says. Enlarge (credit: Getty Images) Still smarting from last month's dump of phone numbers belonging to 500 million Facebook users, the social media giant ha.....»»
Would Be Cool if Everyone Normalized These Pesky Data Leaks, Says Data-Leaking Facebook in Leaked Memo
Facebook wants you to believe that the scraping of 533 million people's personal data from its platform, and the dumping of that data online by nefarious people, is something to be "normalised." The Register: A blundering Facebook public relations op.....»»
Chat App Discord Ends Takeover Talks With Microsoft
Microsoft and video-game chat company Discord have ended takeover talks after Discord rejected a $12 billion bid, Bloomberg reported Tuesday, citing a people familiar with the matter. From the report: Discord is now focused on a potential public list.....»»
BlaBlaCar raises $115 million to build all-in-one travel app
French startup BlaBlaCar has raised a new $115 million funding round (€97 million). While the company is better known for its long distance carpooling marketplace, BlaBlaCar has also added a bus marketplace with the acquisition of Ouibus and an onl.....»»
Netflix blames ‘lighter content slate’ for slowing subscriber growth
Netflix added 4 million net new subscribers in the first quarter of 2021, bringing its total subscriber base to 207.6 million, according to its latest earnings report. Any year-over-year comparison was inevitably going to make this latest quarter see.....»»
Supplier Nemak swings to Q1 net profit
Revenue rose 15 percent to about $1.04 billion in the first quarter on volume growth, an improved product mix, higher aluminum prices and the euro's appreciation against the U.S. dollar......»»
Fearsome tyrannosaurs were social animals, study suggests
The fearsome tyrannosaur dinosaurs that ruled the northern hemisphere during the Late Cretaceous period (66-100 million years ago) may not have been solitary predators as popularly envisioned, but social carnivores similar to wolves, according to a n.....»»
Ziply™ Fiber Launches Agent Channel Program
Ziply™ Fiber Launches Agent Channel Program Kirkland, Wash. (April 15, 2021) – Ziply™ Fiber – which acquired the Northwest operations of Frontier Communications in May 2020 and immediately began investing an additional $500 million to improv.....»»
Tom Brady and Salesforce Ventures pour millions into Class, a Zoom-friendly edtech startup
Class, an edtech startup that integrates exclusively with Zoom to make remote teaching more elegant, has raised $12.25 million in new financing. The round brings Salesforce Ventures, Sound Ventures and Super Bowl champion Tom Brady onto its capital t.....»»
Injective Protocol raises $10M from Pantera Capital, Mark Cuban for its ‘DeFi Robinhood’
Back in December last year Injective Protocol, launched the testnet for its DeFi protocols for cross-chain derivatives trading, with backing from giant crypto exchange Binance. It has now raised $10 million in a “party” funding round. Partici.....»»
Catch&Release raises $14M to help marketers find and license content from across the web
Catch&Release founder and CEO Analisa Goodin told me that she wants to help brands break free from the limitations of stock photography — and that her startup has raised $14 million in Series A funding to achieve that goal. Goodin explained that th.....»»
Leo AR, user-facing marketplace for 3D objects, raises $3 million seed round
Apple’s introduction of ARKit changed the game for entrepreneurs, not unlike the App Store did on a much, much larger scale back in 2008. One entrepreneur, Dana Loberg, has capitalized on the launch of ARKit with her startup Leo AR. Leo is the.....»»
Biden kicks off electric vehicle push with South Carolina plant "tour"
The president has proposed spending $20 billion to electrify at least 20 percent of school buses and $25 billion to electrify some transit vehicles......»»
Crucial action needed for coral reefs
An international group of scientific experts co-directed by CNRS oceanographer Jean-Pierre Gattuso has stated the requirements for coral reef survival in an article published in Biological Conservation. Over 500 million people rely on coral reefs for.....»»
MediaTek likely to post revenue growth of 10-20% in 2Q21
MediaTek is expected to post sequential revenue growth of over 10% or even 20% in the second quarter of 2021, after seeing its revenues grow 12.06% sequentially to NT$108.033 billion (US$3.88 billion) in the first quarter......»»
Eris to invest NT$300 million in automated production
Diode maker Eris Technology has disclosed plans to invest about NT$300 million (US$10.66 million) in the second phase of its automated production line expansion......»»
Qapita, a developer of equity management software for startups, raises $5M led by MassMutual Ventures
Qapita, a Singapore-based fintech that provides capitalization table and employee stock ownership plans (ESOP) management software, has raised $5 million in pre-Series A funding. The round was led by MassMutual Ventures, with participation from Endiy.....»»
Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core tec.....»»
European e-scooter and micromobility startup Dott raises $85 million
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Belgium-based investment company Sofina is leading the investment. Dott is a micromobility startup that is better known for it.....»»