The pandemic ushered in the popularity of shared workspaces, known as cloud kitchens or ghost kitchens, for restaurants to cook meals exclusively for delivery. But for small, independent restaurants that couldn’t afford the upfront costs for expansion, Uber Eats alums Ken Chong and Matt Sawchuk came up with another approach. They founded All Day Kitchens […]
LeadIQ’s rapid growth snags venture attention as sales software market stays hot
This morning LeadIQ, a startup working in the sales software market, announced that it has closed a $30 million Series B led by Cathay Innovation. Other investors in the transaction include Fresco Capital, Strong Ventures, and Eight Road Ventures. LeadIQ frames its product from the perspective of missed revenue targets at companies, which it claims […]
Battery chemistry company Sila’s founder Gene Berdichevsky on the science of scaling up
Before Gene Berdichevsky became the co-founder and CEO of battery chemistry company Sila Nano, he was the seventh employee at Tesla Motors. As principal engineer on the Roadster battery, Berdichevsky was one of the first people crazy enough to experiment with shoving a lithium-ion battery pack into a combustion engine vehicle. The result? The Roadster […]
Russia worried AUKUS pact will allow Australia to enter elite nuclear submarine club
October 1, 2021 MOSCOW (Reuters) – Russia said on Friday it was concerned that the AUKUS defence agreement between Australia, Britain and the United States would allow Australia to enter the select group of nations that operate nuclear-powered submarines. The three-way pact, under which Australia will obtain nuclear submarine technology from the United States, has […]
In a first, COVAX to send COVID shots only to least covered nations
October 1, 2021 By Francesco Guarascio BRUSSELS (Reuters) – A global scheme designed to ensure fair access to COVID-19 vaccines will this month for the first time distribute shots only to countries with the lowest levels of coverage, the World Health Organization said. Co-led by the WHO, COVAX has since January largely allocated doses proportionally […]
Japan’s restaurants, bars welcome back drinkers as COVID-19 controls ease
October 1, 2021 By Rocky Swift TOKYO (Reuters) -Typhoon winds and rain dampened what might have been a more celebratory mood in Tokyo on Friday, as restaurants were allowed to sell alcohol and stay open later following the lifting of the latest COVID-19 state of emergency. Japan is cautiously easing restrictions that have prevailed across […]
Expo 2020 Dubai kicks off with lavish opening ceremony
October 1, 2021 DUBAI (Reuters) – The first world fair to be held in the Middle East, Expo 2020 Dubai, opened on Thursday with a lavish ceremony of fireworks, music and messaging about the power of global collaboration for a more sustainable future. Stars headlining the opening ceremony, which was projected in public spaces around […]
Australia’s NSW state premier resigns over corruption probe amid COVID-19 battle
October 1, 2021 By Kirsty Needham SYDNEY (Reuters) -The premier of Australia’s biggest state economy New South Wales (NSW), Gladys Berejiklian, resigned on Friday after a corruption watchdog said it was investigating whether she was involved in conduct that “constituted or involved a breach of public trust”. Berejiklian’s shock resignation comes as the state, which […]
Get someone jabbed against COVID-19 and get a gift token, Swiss say
October 1, 2021 ZURICH (Reuters) – Switzerland is offering gift certificates to people who persuade others to be jabbed against COVID-19, the government said on Friday, part of efforts to increase the country’s low vaccination rate. Every newly vaccinated person will be asked to name one person who convinced them to be inoculated, the government […]
More destruction feared in La Palma as lava pours from new volcano vent
October 1, 2021 By Juan Medina and Marco Trujillo MADRID (Reuters) -Lava flowed from a newly opened crack in the Cumbre Vieja volcano on Spain’s La Palma on Friday, carving a different path from previous flows and raising fears of more destruction, while fine ash forced islanders to don masks and goggles. A river of […]
German ‘kingmakers’ meet on coalition, courted by would-be kings
October 1, 2021 By Paul Carrel and Thomas Escritt BERLIN (Reuters) -Germany’s Greens and Free Democrats met on Friday for a second round of talks to explore possible common ground on which to form a new coalition government with either the Social Democrats or the conservatives, both of whom are courting them. The Greens and […]
Soccer-Former England defender Butcher wants heading phased out of the game
October 1, 2021 (Reuters) – Former England defender Terry Butcher wants heading to be gradually phased out of the sport to reduce the risk of brain trauma and neurodegenerative diseases. Butcher, 62, was a no-nonsense centre back who was strong in the air and famously suffered a head wound playing for England in a World […]
Daimler Trucks spin-off to take place in December if shareholders vote in favour of split, CFO says
October 1, 2021 BERLIN (Reuters) – Daimler’s spinoff of its truck division Daimler Truck Holdings will take place in December, its CFO Harald Wilhelm said on Friday, speaking ahead of a shareholder’s vote on the split. The process, which was expected this year, would cost Daimler around 700 million euros, CEO Ola Kallenius said, adding […]
U.S. consumer spending beat expectations in August; inflation rises
October 1, 2021 WASHINGTON(Reuters) – U.S. consumer spending increased more than expected in August, but a downward revision to July data kept intact expectations that economic growth slowed in the third quarter as a resurgence in COVID-19 infections curbed demand for services. The Commerce Department said on Friday that consumer spending, which accounts for more […]
British gas pumps still dry, pig cull fears grow
October 1, 2021 By Andrew MacAskill and James Davey LONDON (Reuters) -Many British gas stations were still dry on Friday after a chaotic week that saw panic-buying, fights at the pumps and drivers hoarding fuel in water bottles after an acute shortage of truck drivers strained supply chains to breaking point. Shortages of workers in […]
Children lead rise in England’s COVID-19 prevalence
October 1, 2021 By Alistair Smout LONDON (Reuters) -The prevalence of COVID-19 infections in England increased in the week ending Sept 25, Britain’s Office for National Statistics said on Friday, led by an increase in infections in school-age children. Schools in England have been open for around a month, and some epidemiologists have highlighted concern […]
BofA sees European stocks falling nearly 10% by year-end
October 1, 2021 MILAN (Reuters) – BofA Global Reseach has cut its outlook for European stocks, predicting a decline of nearly 10% by year-end given a shift in the macro backdrop towards “anti-goldilocks”, where slowing growth is accompanied by higher discount rates. In a note received on Friday, BofA said it saw the STOXX 600 […]
Democrats struggle to reach deal in Congress on Biden’s agenda
October 1, 2021 By Susan Cornwell and David Morgan WASHINGTON (Reuters) – The Democratic-controlled U.S. Congress on Friday was struggling to reach an agreement on President Joe Biden’s sweeping agenda, with House of Representatives Speaker Nancy Pelosi vowing to hold a vote on a $1 trillion infrastructure bill. That promise came shortly after midnight — […]
PSPDFkit raises $116M, its first outside money; now nearly 1B people use apps powered by its collaboration, signing and markup tools
An under-the-radar, bootstrapped startup from Vienna, Austria — a hit with developers for technology that underpins user experience for some of the world’s most popular apps — is doubling down on momentum and announcing its first outside investment, in the form of a large growth round of funding. PSPDFkit — which provides APIs and an […]
Bitcoin rises 5.2% to $43,717
October 1, 2021 (Reuters) – Bitcoin was up 5.23% at $43,716.97 as of 22:08 GMT on Thursday, adding $2,174.07 to its previous close. The world’s biggest and best-known cryptocurrency has gained 57.6% from the year’s low of $27,734 on Jan. 4. Ether, the coin linked to the ethereum blockchain network, rose 5.26% to $3,001.48, adding […]
