Self Financial, a fintech company that aims to help consumers build credit and savings at the same time, announced today it has raised $50 million in Series E funding. Altos Ventures led the financing, which also included participation from Meritech Capital and Conductive Ventures and brings the Austin-based startup’s total raised to $127 million since […]
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OnLoop launches with $2M to inject some fun into performance reviews
Performance reviews eat up a lot of a manager’s time and are often the most dreaded part of work. OnLoop aims to bring some joy into the process by enabling information-gathering to happen behind the scenes and be easier for hybrid workforces. The Singapore-based company designed a mobile-first product that consistently gathers employee feedback and […]
Tile secures $40 million to take on Apple AirTag with new products
Tile, the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic, announced today it has raised $40 million in non-dilutive debt financing from Capital IP. The funding will be put towards investment in Tile’s finding technologies, ahead of the company’s plan to unveil a new slate of products and features […]
3 strategies to make adopting new HR tech easier for hiring managers
Neil Morelli Contributor Share on Twitter Neil Morelli, Ph.D, is the chief industrial-organizational psychologist at Codility, a pre-hire assessment platform for software engineering talent. He has spent more than 10 years in technology-enabled talent acquisition, helping Fortune 500 and venture-backed tech companies create effective and inclusive hiring practices. Recruiting for technical roles can be challenging. […]
Argentina budget targets 4% growth in 2022, assumes IMF deal
September 16, 2021 By Lucila Sigal and Jorge Iorio BUENOS AIRES (Reuters) -Argentina’s economy is predicted to grow 4% in 2022, while inflation is expected to hit 33%, according to a draft budget released just before midnight on Wednesday that lays out the embattled government’s economic roadmap for next year. The draft, which must be […]
Spain to add more than 80,000 jobs in September, minister says
September 16, 2021 MADRID (Reuters) – Spain is likely to add more than 80,000 jobs in September as the economy recovers from the restrictions imposed during the COVID-19 pandemic, Social Security Minister Jose Luis Escriva said on Thursday. “These data confirm the strong dynamism in Spain’s labour market that we have observed since June,” he […]
Russia’s Putin to attend 2022 Beijing Olympics – report
September 16, 2021 MOSCOW (Reuters) – Russian President Vladimir Putin has accepted China’s invitation to attend the Beijing Olympics in February 2022, the RIA news agency quoted Russian foreign minister Sergei Lavrov as saying on Thursday. Russian athletes are barred from competing at major international events, including the Olympics, with their flag and anthem until […]
AI startup Sorcero secures $10M for language intelligence platform
Sorcero announced Thursday a $10 million Series A round of funding to continue scaling its medical and technical language intelligence platform. The latest funding round comes as the company, headquartered in Washington, D.C. and Cambridge, Massachusetts, sees increased demand for its advanced analytics from life sciences and technical companies. Sorcero’s natural language processing platform makes […]
Stablecoin Tether says holds no Evergrande commercial paper
September 16, 2021 HONG KONG (Reuters) – Tether, the world’s largest ‘stablecoin’, said in a statement it does not hold any commercial paper or securities issued by embattled developer China Evergrande Group, as regulatory scrutiny into risks from this type of token grow. Evergrande, which has total liabilities of more than $300 billion, is also […]
UK fashion group ASOS ties exec pay to new environmental goals
September 16, 2021 By Kate Holton and Sachin Ravikumar (Reuters) -Online fashion retailer ASOS set out plans to cut its environmental impact and improve worker rights on Thursday, tying its success in cutting waste and carbon levels to future management pay. Joining a growing list of fast-fashion companies to open up its supply chain for […]
Salesforce announces new Mulesoft RPA tool as it expands workflow automation offerings
When Salesforce announced it was buying German RPA vendor Servicetrace last month, it seemed that it might match up well with Mulesoft, the company the CRM giant bought in 2018 for $6.5 billion. Mulesoft, among other things, helps customers build APIs to legacy systems, while Servicetrace provides a way to add automation to legacy systems. […]
Ryanair ‘couldn’t care less’ about another Boeing order as it lifts growth target
September 16, 2021 By Conor Humphries DUBLIN (Reuters) – Ryanair lifted its five-year passenger forecast on Thursday, saying the delivery of an existing Boeing order and increased use of older aircraft would allow it to grow faster without the need for an additional large plane deal. Europe’s largest low cost carrier last week abruptly ended […]
Italy readies law to make COVID health pass mandatory for all workers
September 16, 2021 By Crispian Balmer and Giuseppe Fonte ROME (Reuters) – Italy is poised to become the first country in Europe to make it obligatory for all workers to have a COVID-19 “Green Pass”, with the cabinet due to approve the measure at a meeting later on Thursday, officials said. The pass is a […]
China fumes over U.S. nuclear sub pact with Britain, Australia
September 16, 2021 By Trevor Hunnicutt, Nandita Bose, David Brunnstrom and Colin Packham WASHINGTON/CANBERRA (Reuters) -China on Thursday denounced a new Indo-Pacific security alliance between the United States, Britain and Australia, saying such partnerships should not target third countries and warning of an intensified arms race in the region. Under the arrangement, dubbed AUKUS, the […]
Concreit closes on $6M to allow more people to invest in the global private real estate market
Concreit, a company that wants to open real estate investing to a broader group of people, announced today that it has closed $6 million in a seed funding round led by Matrix Partners. Hyphen Capital also participated in the round, in addition to individual investors such as Betterment founder and CEO Jon Stein; Andy Liu, […]
New Zealand startup HeartLab raises $2.45M to bring heart scanning software to the US
New Zealand-based medtech startup HeartLab has raised $2.45 million in seed funding that it says will help the company expand its AI-powered heart scanning and reporting platform to cardiologists in the United States by early next year. HeartLab provides an end-to-end solution for echocardiograms, the ultrasound tests that doctors use to examine a patient’s heart […]
Soccer-England push France out of top three in FIFA men’s rankings
September 16, 2021 (Reuters) – Euro 2020 finalists England pushed world champions France out of the top three in world soccer body FIFA’s latest men’s soccer rankings published on Thursday. Belgium remained the top ranked side, followed by Brazil. European champions Italy, on a record unbeaten international run of 37 matches, are fifth with Argentina […]
Analysis: Bonds ‘boring’ no longer as unpredictability returns
September 16, 2021 By Dhara Ranasinghe LONDON (Reuters) – Erratic and volatile, with positioning swinging from one extreme to another: a new norm is taking hold in the world’s biggest debt markets which for years saw activity crushed by the hefty presence of central banks. Bond-buying stimulus remains a powerful downward force on borrowing costs, […]
Dollar edges higher with focus on Fed for taper clues
September 16, 2021 By Ritvik Carvalho LONDON (Reuters) – The dollar climbed to the higher end of recent ranges against other major currencies on Thursday, as traders looked to next week’s Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus. The dollar index, which measures the […]
Four former VW employees go on trial in Dieselgate lawsuit
September 16, 2021 BRAUNSCHWEIG, Germany (Reuters) – Four former employees of carmaker Volkswagen went on trial on Thursday over the Dieselgate scandal in which illegal software was used to cheat emission tests. The trial, being held in the city of Braunschweig, close to Volkswagen’s headquarters in Wolfsburg, started without former CEO Martin Winterkorn, whose separate […]