Both Anchor and Descript have made their names as being among the most significant Podcast creation platforms of recent times, but hoving into the rear-view mirror recently has been Podcastle, an all-in-one platform that can cover off recording, production and publishing, all on the one platform. It’s now raised $7 million in an early-stage funding […]
Contrary Capital’s $20M Fund II is all about community-first investments
When Eric Tarczynski was first building Contrary Capital, he noticed that there was an absence of venture capital firms focused on entrepreneurs within universities. So, he launched a $2.2 million debut fund to exclusively back the world’s top talent, or the student entrepreneurs that are spinning out ambitious ideas out of their universities. Years later, […]
Sure raises $100M at a $550M valuation to help companies launch insurance products with its ‘flexible’ APIs
Sure, an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. New York-based Declaration Partners and European growth investor Kinnevik co-led the financing, which also included participation from WndrCo and existing backers W. R. Berkley and Menlo Ventures. The round brings the Santa […]
D-Wave plans to build a gate-model quantum computer
For more than 20 years, D-Wave has been synonymous with quantum annealing. Its early bet on this technology allowed it to become the world’s first company to sell quantum computers, but that also somewhat limited the real-world problems its hardware could solve, given that quantum annealing works especially well for optimization problems like protein folding […]
Boxing-I’ll be sad and lonely after career is over, says Fury
October 5, 2021 LONDON (Reuters) – WBC world heavyweight champion Tyson Fury says he will be a “sad and lonely” person when he ends his boxing career. The unbeaten 33-year-old will be defending his title against American Deontay Wilder in Las Vegas at the weekend, their third fight after a draw in 2018 and Fury’s […]
Egypt close to finalising arrangements for gas supplies to Lebanon
October 5, 2021 CAIRO (Reuters) – Egypt is finalising arrangements to start supplying gas to Lebanon soon under a plan to help ease Lebanon’s power crisis, the two countries’ energy ministers said after meeting on Tuesday. Under an agreement announced last month, Egypt will supply natural gas to Lebanon via a pipeline that passes through […]
Warriors’ Andrew Wiggins: ‘I was forced’ to get vaccine
October 5, 2021 Golden State Warriors swingman Andrew Wiggins said he felt “forced” to receive the COVID-19 vaccine. “The only options were to get vaccinated or not play in the NBA,” the No. 1 overall pick in 2014 said Monday. “It was a tough decision. Hopefully, it works out in the long run and in […]
Chipmaker Infineon plans 50% investment boost
October 5, 2021 By Christina Amann BERLIN (Reuters) – German chipmaker Infineon Technologies said on Tuesday it plans a 50% hike in investments next year, boosting its shares as it looks to benefit from soaring demand and a global shortage in semiconductors. Infineon said it would invest around 2.4 billion euros ($2.8 billion) in 2022, […]
Fireside app launches to help creators host live interactive shows
October 5, 2021 By Sheila Dang (Reuters) – Fireside, an app co-founded by entrepreneur Mark Cuban, launched on Tuesday to help podcasters, musicians and other professional content producers create live shows with the ability to interact with the audience. The app launches at a time when social media giants and other startups are increasingly focusing […]
U.S. service sector activity inches up in September; shortages persist – ISM survey
October 5, 2021 By Lucia Mutikani WASHINGTON(Reuters) – U.S. services industry activity nudged up in September, but growth is being restrained by a persistent shortage of inputs and the resulting high prices as the pandemic drags on. The Institute for Supply Management said on Tuesday its non-manufacturing activity index edged up to a reading of […]
Meet the 12 companies launching out of the Entrepreneurs Roundtable Accelerator
Today, a dozen new companies launched out of the Entrepreneurs Roundtable Accelerator in New York City. The companies span a handful of different sectors including healthcare, fintech, enterprise and consumer-facing products. Thus far, nearly 250 startups have graduated out of the accelerator, collectively having raised more than $1 billion in capital. So without any further […]
Snapchat rolls out new tool aimed at helping young users run for office
Snapchat is rolling out a new ‘Run for Office’ in-app tool to encourage young adults to run for local office. The company says the new Run for Office tool is designed to help younger users engage with democracy in an easy way. The goal of the tool is to tackle common barriers that young people […]
GM builds new center to unlock cheaper, longer range batteries
General Motors is building a new facility at its Warren, Michigan campus aimed at unlocking breakthrough cell technology that will drive down the cost of batteries while improving their range. The automaker said Tuesday that the initial phase of the Wallace Battery Cell Innovation Center, which will be about 300,000 square feet and located on […]
Sora is the final ‘Super Smash Bros. Ultimate’ fighter
At the Nintendo Direct livestream a few weeks back, fans speculated that they might learn who the last remaining character in the extensive “Super Smash Bros. Ultimate” lineup would be. Instead, we found out that Chris Pratt will be playing Mario in a feature film. But today, in Nintendo’s final “Mr. Sakurai Presents” livestream, game […]
Temasek leads $550 million funding in cloud security firm Orca Security
October 5, 2021 (Reuters) – Singapore state investor Temasek led a $550 million funding round in Israel’s Orca Security, lifting the cloud security company’s valuation to $1.8 billion, a 50% jump in around seven months. Cloud security technology providers have seen a rapid rise in demand for their products and services as the COVID-19 pandemic […]
World’s largest miners pledge net zero carbon emissions by 2050
October 5, 2021 LONDON (Reuters) – The world’s top miners on Tuesday committed to a goal of net zero direct and indirect carbon emissions by 2050 or sooner, the International Council on Mining and Metals (ICMM) said. “ICMM members’ collective commitment to net zero scope one (direct) and two (indirect) greenhouse gas emissions by 2050 […]
Trio win physics Nobel for work on understanding climate change
October 5, 2021 By Niklas Pollard, Ludwig Burger and Simon Johnson STOCKHOLM (Reuters) -Japanese-born American Syukuro Manabe, German Klaus Hasselmann and Italian Giorgio Parisi won the 2021 Nobel Prize for Physics on Tuesday for work that helps understand complex physical systems such as Earth’s changing climate. In a decision hailed by the U.N. weather agency […]
Mark Cuban-backed live entertainment app Fireside launches to creators
Amid a deluge of new creator platforms, a startup called Fireside is launching today with what it believes will be a compelling proposition for professional creators in need of a more robust set of tools for content creation, distribution, measurement, and monetization. The service, which offers a platform for live and interactive shows, had been […]
Hotglue nabs $1.5M seed to help developers connect to biz apps
Hotglue, an early stage startup that wants to make it easier for developers to connect to business applications like Salesforce, announced a $1.5 million seed today led by Uncommon Capital and a group of angels. The company is the brainchild of a couple of 20 year old founders, CEO Hassan Syyid and CRO David Molot, […]
Tesla must pay $137 million in discrimination lawsuit
Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Facebook whistleblower reveals identity, says company ‘chooses profits over safety’ GM’s US factories will switch to renewable energy five years ahead of schedule Tesla has been ordered to pay $137 million in damages to a Black former worker who […]
