News

September 9, 2021 By Mayank Bhardwaj NEW DELHI (Reuters) – A group of influential farmer leaders ratcheted up pressure on Prime Minister Narendra Modi’s government to roll back three new farm laws by organising a mammoth rally in India’s most populous state Uttar Pradesh last week. After the successful mass meeting – the biggest rally […]

Online mortgage company Better.com has acquired U.K.-based startup Property Partner as it seeks to expand into new markets and offer new product lines. The deal could give Better a way to augment its lending business with the potential to enable fractional ownership of properties in the U.S. and other markets. Better plans to go public […]

When executives at online mortgage company Better.com decided to take their company public earlier this year, they elected not to go the traditional IPO route or direct listing. Instead, Better will hit the public markets by merging with blank-check company Aurora Acquisition Corp in a SPAC deal that values it at $7.7 billion. While the stock […]

DotCom Therapy, a pediatric teletherapy company, just closed a $13 million series A round. It’s far from the only teletherapy company looking to capitalize on a boom in venture capital investment in mental health startups, but it’s operating in a hyper-specific sphere: therapy for kids.  DotCom Therapy was originally co-founded in 2015 by Rachel Mack […]

Relationships ultimately close deals, but long-term relationships come with a lot of baggage, i.e. email interactions, documents and meetings. Affinity wants to take what Ray Zhou, co-founder and CEO, refers to as “data exhaust,” all of those daily interactions and communications, and apply machine learning analysis and provide insights on who in the organization has […]

Starting today, Twitter is testing Tweet Reactions in Turkey for a limited time. Users in the region will be able to react to tweets using  ,  ,  , , in addition to . But if you can’t remember the chaos that ensued when the heart react replaced the favorite star in 2015… brace yourself. Last year, Twitter added […]

The CRISPR-based biotech startup Mammoth Biosciences is officially a unicorn, the company says.  The billion dollar valuation comes on the back of a $150 million series D round led by Redmile Group, with participation from Foresite Capital, Senator Investment Group, Sixth Street, Greenspring Associates, Mayfield, Decheng Capital, Plum Alley and NFX. Combined with a late […]

This has felt like an inevitability at least since Amazon teamed with South Carolina-based Element Electronics to bring the world a 43-inch Amazon Fire TV Edition back in 2017. The company has also teamed with several third-party TV makers to build its popular voice assistant into sets, but today Amazon is taking things to the […]

AV8 Ventures unveiled its AV8 Ventures II fund with $180 million from Allianz Group, an insurance and asset management giant, aimed at supporting entrepreneurs developing artificial intelligence-driven technologies in the areas of health, mobility, enterprise and deep tech. Since the Palo Alto venture firm’s launch in 2018, it has invested in 20 seed-stage companies, with […]

Airplanes and drones today, regardless of size or fuel type, all face the same limitation: eventually they have to land. Skydweller Aero, the U.S.-Spanish aerospace startup, wants to break free from that constraint by developing an autonomous solar-powered aircraft it says will eventually be capable of perpetual flight. Their pitch, which helped the company raise […]

Revitalized by the pandemic, entrepreneurs are on the hunt to refresh some of education’s most traditional tenets, from flashcards to tutors to after-school programs. And those aren’t just bets: They’re unicorn-valued businesses looking to capitalize on consumers’ newfound digital adoption. The edtech sector’s boom is rivaled by that of the creator economy, which promises to […]

September 9, 2021 LONDON (Reuters) – Mikel Arteta believes the international break came at the right time for his Arsenal side as they try to overturn a dreadful start to the Premier League season. A 5-0 hammering at champions Manchester City heading into the break left Arsenal bottom of the table with three defeats from […]

September 9, 2021 (Reuters) – Blockchain firm Blockstream Mining said on Thursday it would partner with Australian financial conglomerate Macquarie Group to develop bitcoin mining facilities that use renewable energy. Bitcoin is the world’s biggest cryptocurrency and is “mined” using vast amounts of electricity generated with fossil fuels, leading to criticism over the environmental harm […]

September 9, 2021 By Anshuman Daga SINGAPORE (Reuters) – Singapore-headquartered tech startup ADVANCE.AI is raising about $200 million in a funding round that will propel it into a small group of Southeast Asia unicorns – unlisted companies valued at $1 billion or more, two sources familiar with the matter said. ADVANCE.AI, which uses artificial intelligence-driven […]

September 9, 2021 By Sruthi Shankar (Reuters) -Euro zone stocks bounced off session lows and banking shares climbed on Thursday after the European Central Bank signalled it will only slightly reduce its emergency bond purchases over the coming quarter, in line with expectations. After falling as much as 0.9% in morning trade, the index clawed […]

September 9, 2021 VLADIVOSTOK, Russia (Reuters) – The governor of Russia’s northern province of Yakutia, which suffered from widespread wildfires this summer, warned of the risks of a similar disaster next year if unusually hot and dry weather persists. The vast swathes of Yakutia’s forest were engulfed by wildfires in the summer, with smoke reaching […]

September 9, 2021 By Peter Hall (Reuters) – After losing talisman Cristiano Ronaldo to Manchester United, things went from bad to worse for Juventus in their last match against Empoli and now they must look elsewhere for inspiration, with a new yet familiar face ready to fire. To say things did not work out for […]

September 9, 2021 (Reuters) – European Leagues, the body representing professional club competitions on the continent, has firmly and unanimously opposed any proposals to stage the World Cup every two years. European Leagues is the latest among a number of stakeholders in the game who have expressed concerns over FIFA’s plans for a biennial World […]

September 9, 2021 (Reuters) – Chinese electric vehicle maker Nio Inc may delay its planned Hong Kong listing to next year, Bloomberg News reported on Thursday, citing people familiar with the matter. The U.S.-traded company has received queries from the Hong Kong stock exchange about aspects of its structure, including a user trust set up […]

September 9, 2021 By Jonnelle Marte (Reuters) – Several Federal Reserve policymakers on Wednesday signaled that the U.S. central bank remains on track to trimming its massive asset purchases this year, despite the slowdown in jobs growth seen in August and the impact of the recent COVID-19 resurgence. “The big picture is that the taper […]