Internet services company Opera has come under a short-sell assault based on allegations of predatory lending practices by its fintech products in Africa. Hindenburg Research issued a report claiming (among other things) that Opera’s finance products in Nigeria and Kenya have run afoul of prudent consumer practices and Google Play Store rules for lending apps. […]
January 23rd, 2020 01:12 AM
Bounce, a Bangalore-based startup that operates over 15,000 electric and gasoline docked bikes and scooters in nearly three dozen cities in India, said today it has raised $105 million in a new funding round as it explores sustainable ways to expand within the nation and build its own electric vehicles. The new financing round, Series […]
January 23rd, 2020 12:21 AM
If you’ve ever entered a company’s office as a visitor or contractor, you probably know the routine: check in with a receptionist, figure out who invited you, print out a badge and get on your merry way. Brussels, Belgium- and New York-based Proxyclick aims to streamline this process, while also helping businesses keep their people […]
January 23rd, 2020 12:00 AM
If I watch a Story cross-posted from Instagram to Facebook on either of the apps, it should appear as “watched” at the back of the Stories row on the other app. Why waste my time showing me Stories I already saw? It’s been over two years since Instagram Stories launched cross-posting to Stories. Countless hours […]
January 22nd, 2020 07:55 PM
After announcing a $550 million fundraise last August, U.K. AI-based health services startup Babylon Health is putting some of that money to use with its widest-ranging project to date. The company has inked a 10-year deal with the city of Wolverhampton in England to provide an integrated health app covering 300,000 people, the entire population of […]
January 22nd, 2020 07:40 PM
If robots are to help out in places like hospitals and phone repair shops, they're going to need a light touch. And what's lighter than not touching at all? Researchers have created a gripper that uses ultrasonics to suspend an object in midair, potentially making it suitable for the most delicate tasks.
January 22nd, 2020 07:36 PM
Memphis Meats, a developer of technologies to manufacture meat, seafood and poultry from animal cells, has raised $161 million in financing from investors, including Softbank Group, Norwest and Temasek, the investment fund backed by the government of Singapore. The investment brings the company’s total financing to $180 million. Previous investors include individual and institutional investors […]
January 22nd, 2020 06:42 PM
Back in September, Betaworks put out a call for startups to participate in its latest “camp,” this one focused on audio. Danika Laszuk, the head of Betaworks Camp, told me at the time that the startup studio was looking for companies that are trying to build “audio-first” experiences for smart speakers and wireless headphones, or […]
January 22nd, 2020 04:28 PM
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