Posts

Cendana has raised a $30 million ‘fund of funds’ for VCs managing $15 million or less

Spain’s Glovo picks up $528M as Europe’s food delivery market continues to heat up

PUBG Mobile India could launch in two months' time

Celonis announces significant partnership with IBM to sell its process mining software

TSMC says it plans to spend $100B over the next three years to expand its chip fabrication capacity (Debby Wu/Bloomberg)

Tonal, which makes a smart home strength training workout system, raises $250M Series E at a $1.6B valuation; Tonal's sales rose 800% from Dec. 2019-Dec. 2020 (JP Mangalindan/TechCrunch)

Microsoft has officially discontinued its Cortana mobile app for both iOS and Android (Tim Hardwick/MacRumors)

During an address, President Biden said Amazon uses "various loopholes" to avoid paying any federal income taxes, but says he doesn't want to "punish" them (Nandita Bose/Reuters)

Sources: draft Biden executive order would require companies doing business with the federal government to report hacks of their networks within a few days (Bloomberg)

Deliveroo drops by as much as 30% on its LSE debut, after pricing shares at £3.90, valuing it at around £5.6B; poor debut likely due to labor practice issues (Ingrid Lunden/TechCrunch)

Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B

Remote-controlled forklifts have arrived in France, courtesy of Phantom Auto

Facebook gets a C – Startup rates the ‘ethics’ of social media platforms, targets asset managers