News

September 8, 2021 By Shashank Nayar (Reuters) -Wall Street was set to open flat on Wednesday on concerns that the spread of the Delta coronavirus variant could slow economic growth and on uncertainty over the timeline for the Federal Reserve to pull back its accommodative policies. Shares of tech heavyweights were mixed in premarket trading […]

Notion said on Wednesday it has acquired Automate.io, an Indian startup that builds connectivity and integrations with over 200 services, as the workplace productivity startup looks to accelerate its product expansion to become more compelling for tens of millions of individuals and businesses that are increasingly moving to digital collaborative tools. The San Francisco-headquartered startup, […]

Organizations are swimming in data these days, and so solutions to help manage and use that data in more efficient ways will continue to see a lot of attention and business. In the latest development, SingleStore — which provides a platform to enterprises to help them integrate, monitor and query their data as a single […]

Sports and health technology investor leAD Sports & Health Tech Partners and private investment organization Tavistock Group have come together to launch the $30 million Lake Nona Sports & Health Tech Fund for early-stage startups in the areas of fan engagement, connected athletes, health and well-being. In addition to both of those general partners, investors […]

DJI’s camera stabilization tech started life as an outgrowth of its drone tech, and has managed to develop into a robust line of its own. Roughly this time last year, the company announced that its smartphone-focused Osmo line was being rebranded to the simpler OM. Today, the OM 5 arrives, with a more compact design, […]

Product quality is hugely important when it comes to the success of a product. Even if your product seems really cool, if it’s buggy or doesn’t work well, many people will just stop using it rather than taking the time to figure it out or even report a problem. UnitQ, a Burlingame, California-based startup using […]

Employee location has become a bit more complicated as some return to the office, while others work remotely. To embrace those hybrid working conditions, Google is making more changes to its Google Workspace offering by going live with spaces — its tool for small group sharing — in Google Chat for all users. Spaces integrates […]

September 8, 2021 By Sayantani Ghosh and Tim Kelly (Reuters) – U.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom. The deal tracks rival […]

September 8, 2021 BEIJING (Reuters) – China’s foreign minister Wang Yi said the United States and its allies have more of a duty to supply economic and humanitarian aid to Afghanistan than any other country, according to a statement from the foreign ministry. They should help Afghanistan’s positive development while respecting its sovereignty and independence, […]

September 8, 2021 By Alexander Cornwell DUBAI (Reuters) – Since the U.S. withdrawal from Afghanistan, the world’s top diplomats have been beating a path to Qatar, long the gateway to the Taliban and now the essential go-between as the West tries to deal with the new Kabul government. This is no accident. Analysts describe Qatar’s […]

September 8, 2021 YENAGOA, Nigeria (Reuters) – The detained leader of a separatist group in Nigeria has filed a lawsuit alleging that he was illegally transferred from Kenya to Nigeria and demanding he be freed and allowed to go to Britain, according to media reports citing legal documents. Nnamdi Kanu, who holds British citizenship, leads […]

September 8, 2021 MILAN (Reuters) – A Milan court on Wednesday ordered an expert opinion on Silvio Berlusconi’s health as the former Italian prime minister’s trial on bribery charges has been repeatedly delayed due to his hospital visits. The trial began in 2017, with 84-year old Berlusconi charged with bribing witnesses in a previous case […]

September 8, 2021 By Asif Shahzad ISLAMABAD (Reuters) – Pakistan on Wednesday suggested inviting Taliban-run Afghanistan to a regional forum of six countries to help avert a humanitarian and economic crisis in the country. The Taliban on Tuesday announced a new government and named Mullah Hasan Akhund, an associate of the movement’s late founder Mullah […]

Buy now, pay later is officially everywhere, and Latin America is no exception. Today, one startup in the region, Addi, is announcing a $75 million extension to its Series B, bringing the total round size to $140 million. In late May, the startup announced it had raised $35 million in an equity round led by […]

September 8, 2021 By Christoph Steitz MUNICH (Reuters) – Semiconductor supplier Qualcomm is open to working with foundries in Europe if incentive programmes to boost automotive chip production on the continent attract the right partners, Chief Executive Cristiano Amon said. Foundries in Europe are now geared towards mass production of semiconductors, Amon told Reuters at […]

September 8, 2021 By Bozorgmehr Sharafedin LONDON (Reuters) -Oil rose more than 1% on Wednesday as U.S. Gulf of Mexico producers made slow progress in restoring output after Hurricane Ida and protesters blocked exports from two Libyan ports. Brent was up 93 cents, or 1.3%, at $72.62 a barrel, at 1125 GMT, and U.S. West […]

September 8, 2021 By Carolyn Cohn LONDON/HONG KONG (Reuters) – World stocks edged away from the previous session’s record highs and European stocks dropped on Wednesday on uncertainty over the pace of economic recovery, while the dollar hit one-week highs as investors reduced exposure to riskier assets. U.S. S&P futures eased 0.1% after the S&P […]

September 8, 2021 (Company corrects claim in headline, paragraph 1 that it was the first Black-founded UK unicorn) LONDON (Reuters) -Digital motor insurer Marshmallow has raised $85 million from investors, valuing it at more than $1.25 billion and making it one of the first British Black-founded unicorns, the company said on Wednesday. The early-stage funding […]

September 8, 2021 By Stephen Nellis (Reuters) – Applied Materials on Wednesday released two new tools aimed at improving the efficiency of making a new class of chips for electric vehicles. Applied is the world’s largest maker of tools for making semiconductors. The machines announced on Wednesday are designed for chips made from a material […]

September 8, 2021 BRUSSELS (Reuters) – The European Union and Britain can resolve problems over the trading position of Northern Ireland through the protocol agreed between the two rather than to renegotiate it, European Commission vice president Maros Sefcovic said on Tuesday. “I am absolutely convinced, and I think this is clearly the position and […]