Car leasing startup Fair has acquired the active leasing portfolio of Xchange Leasing, a service Uber first established in 2015 to lease new and nearly-new vehicles to drivers who did not come to the service with their own cars. The financial terms of the deal are not being disclosed. “We bought every car in the… Read More »
Instant messaging platform WhatsApp is plagued with a major bug that allows users to message you even after you’ve...
Finally, Instagram has announced two long-awaited feature: the ability to mute posts and and how much time you spend on ...
Home-sharing company Airbnb has quietly launched ‘Travel Stories’ on its site and app—which look a hell of...
According to the latest court filing in California, Facebook gathered information on users and their friends including s...
Uber’s food delivery business Uber Eats has acquired South African restaurant technology company owned by venture c...
On Tuesday, Dog-walking-on-demand startup Wag announced it’s received a $300 million investment from Japanese telecom giant SoftBank. It also announced that veteran tech executive Hilary Schneider will be taking over as its CEO. Schneider, who most recently served as CEO of identity protection company LifeLock and led it through its 2016 sale to Symantec, will… Read More »
Boeing’s venture arm Boeing HorizonX Ventures has taken a minority stake in battery start-up Cuberg, Boeing said Monday. Cuberg joins Boeing HorizonX Ventures’ stable of investments that include Zunum Aero, an electric-and-hybrid plane startup whose investors also include airline JetBlue. The terms of the deal were not disclosed, but Boeing spokeswoman Megan Hilfer said the… Read More »
Ripple Foods, a beverage company that makes a milk-like drink from yellow peas has raised $65 Million in series C funding. The investment, which was led by Euclidean Capital, includes funding from Khosla Ventures, Goldman Sach, Fall Line Capital and S2G Ventures, a food and agriculture investment firm started by OpenTable Inc.’s founder. It’s Ripple’s largest capital infusion and… Read More »
Microsoft has acquired PlayFab, which helps game developers launch their titles online more quickly with simplified back-end services. The startup will be integrated into Microsoft’s Azure gaming group. The Seattle-based startup had raised around $13 million in funding from investors. Terms of the deal weren’t disclosed. “Together, Azure and PlayFab will further unlock the power of the intelligent… Read More »
Xiaopeng Motors, a Chinese electric car startup who built a ‘Tesla clone’, announced that it secured an important 2.2 billion yuan ($348 million) investment round led by two Chinese tech giants: Alibaba and Foxconn. Henry Xia, who founded the startup in 2014, admitted openly that he was influenced by Tesla and by the automaker’s announcement that they were… Read More »
Tyson Foods’ venture capital arm announced Monday that it has secured a minority investment in Memphis Meats, the buzzy startup that grows beef, chicken and duck meat with animal cells and petri dishes, no livestock required. Tyson joins other high-profile investors in Memphis Meats including Bill Gates and Richard Branson. The terms of the deal… Read More »
Hover, a computer vision startup that allows consumers to easily create 3D models of their homes so they can easily deal with getting quotes from contractors on their next big project announced it has raised a $25 million Series B led by GV, Home Depot and Standard Industries. This brings the total finding Hover has raised… Read More »
Google has invested in Indonesian ride-hailing firm Go-Jek, as part of its strategy to support and participate in the growth of Indonesia’s internet economy, Caesar Sengupta, a vice president at Google said in a company blog. “This investment lets us partner with a great local champion in Indonesia’s flourishing startup ecosystem, while also deepening our… Read More »
UAE-based startup The Luxury Closet is looking to expand its operations in Egypt. The Luxury Closet’s founder and CEO Kunal Kapoor stated that “after collaborating with some high-profile Egyptian Influencers, we realised the potential Egypt holds for our market, and it became a larger focus for us.” Commenting on his company’s operations Kapoor said that… Read More »