Startups
The latest news on tech-based startups from Asia to the Americas.
Business
Inclusive Hiring Practices To Adopt in 2023
Harris S -
Recruiters talk about diverse and inclusive hiring all the time. It’s 2023, and diversity, equity, and inclusivity are the top priorities for every company. These are core values that most companies have or need to have as a part of their company culture...
Business
Exotec Raises $335M to Eliminate Human Error
Soha Z -
Exotec has raised total funding of $335 million in Series D to raise the company valuation to $2 billion. The project is led by Goldman Sachs’ Growth Equity to partially automate the logistics of a regular warehouse. Also, the company plans on providing...
Business
Successful IPOs of 2020 – Airbnb and DoorDash witnesses a kickstart
Sheher B -
Airbnb's IPO took off for the first time on Thursday, December 10, and it has been a massive kickstart! This is the start of their trading journey, and the famous home-rental company managed to close the shares at $145, with a $100 billion...
Startups
VSPN Esports raised $100 million in funding lead by Tencent
VSPN, Versus Programming Network, a Chinese eSports startup company, announces that it has raised $100m in its series B funding round. The funding round was led by Tencent Holdings, followed by other investors Tiantu Capital, SIG (Susquehanna International Group), and Kuaishou, with Lighthouse...
Startups
BIMA raises $30 million for digital health and insurance
BIMA is one of the top growing health and insurance organizations, based in London and Stockholm. The startup now serves more than 35 million people in 9 different emerging markets from Asia and Africa. Since the rise of COVID and the significance of...
Startups
VMWare acquiring network security firm Lastline
VMware, a well known American publicly traded software company, has announced its intent to acquire Lastline, an anti-malware cybersecurity company, for research and to yield innovative security capabilities. The deal will close by July 31, and the startup has not disclosed much about...
Apple
Apple acquired Dark Sky weather app, set to remove from Play Store by July 1
Dark Sky, a popular hyperlocal weather app and data collection service, has joined Apple to reach far more people with far more impact than ever thought. Dark Sky is one of the most accurate information sources of hyperlocal weather information providing down-to-the-minute forecasts...
Business
Toyota invests $400 million in Pony.ai for Level 4 autonomous cars
Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has funded $400 million into Pony.ai, followed by Sequoia, KUNLUN, IDG Captial, and ClearVue Partners. The...
Business
Snap announces the third cohort of Yellow Accelerator Program
Aqsa T -
Snap Inc, the parent company of Snapchat, has launched the third cohort of its Yellow accelerator program. The program, debuted in 2018, was started to bring in creative minds and entrepreneurs to build great media companies for the next generation. The main aim of...
Twitter
Chroma Labs has officially joined Twitter. Is Twitter coming up with its own Stories?
Chroma Labs has officially announced that the company is shutting down its business immediately, and the team is joining Twitter. Kayvon Beykpour, the product lead at Twitter, confirmed the news of acquisition in his tweet saying Chroma Labs squad is joining its product, design, and engineering team for...
Latest News
Harris S -
In 2024, several AI systems encountered significant gaffes. Chatbots provided misleading information on sensitive topics, and AI generated racially insensitive images. These incidents demonstrated the potential for serious consequences when...