Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. On the heels of open banking startup TrueLayer hitting a $1 billion valuation in its latest round after seeing strong traction for its services, today another open banking […]
News
UN commissioner urges international effort on Myanmar ‘before it is too late’
September 23, 2021 (Reuters) – The United Nations High Commissioner for Human Rights on Thursday warned of a human rights catastrophe under military rule in Myanmar and urged the international community to do more to prevent conflict from worsening. “The national consequences are terrible and tragic – the regional consequences could also be profound,” Michelle Bachelet said […]
Four Tunisian parties say president has lost his legitimacy
September 23, 2021 TUNIS (Reuters) – Four Tunisian parties said on Thursday that President Kais Saied has lost his legitimacy and called for an end to what they called a “coup”, after the president said he was taking control of legislative and executive powers. Saied declared on Wednesday he would rule by decree and ignore […]
Britain’s non-recognition of Africa-administered vaccines regrettable – AU
September 23, 2021 By Ayenat Mersie and George Obulutsa NAIROBI (Reuters) – The African Union’s (AU) top health official called Britain’s lack of recognition for coronavirus vaccines administered in Africa regrettable, saying on Thursday it sends a confusing public health message. England announced last week that it would expand the list of countries from which […]
Global Founders Capital leads $9.3M investment into Awning, a real estate brokerage for individual investors
Earning passive income as an investor in single-family rental homes is a dream for many, but also something that can be intimidating to break into. Awning is a startup that aims to make the process less intimidating through a platform designed to allow individuals to invest in single-family rental homes not just in the cities […]
Europe will finally legislate for a common charger for mobiles
EU lawmakers are finally set to standardize charging ports for consumer electronics devices like smartphones and tablets — announcing a proposal today that, once adopted, will see the region settle on USB-C as a universal charging port for gadgets which will also include cameras, headphones, portable speakers and handheld videogames consoles. Some smaller consumer electronics […]
Meru Health raises $30M for ‘holistic’ online mental health platform
The COVID-19 pandemic has undoubtedly been devastating on many levels. But if there’s any silver lining in the global crisis, it could be that it’s less taboo to talk about feeling anxious, depressed or burnt out. Because chances are, the person you’re talking to is feeling one of those things too. So it’s no surprise […]
How Apple built the iPhone 13 Pro’s Cinematic Mode
The Cinematic Mode on the iPhone 13 Pro models had a marquee spot in Apple’s presentation about the devices last week. The reviews so far this week have people acknowledging the cleverness but questioning its usefulness. I’ve been testing out the feature for the past week and this weekend took it to Disneyland to give […]
Grow Therapy plants $15M into helping therapists start their own practices
Behavioral health is not only a business for Jake Cooper, it is also personal. The Grow Therapy co-founder and CEO has been managing ADHD since he was a child. He began working with a psychiatrist, and his parents could afford the $300 per session, but when they tried to find an in-network clinician, they came […]
Loyal raises $27M, aims to give dog owners more time with their pets
San Francisco startup Loyal is rethinking the concept of longevity and starting with man’s best friend. The company raised $27 million in Series A funding in a round, led by Khosla Ventures and including First Round Capital, Box Group, Collaborative Fund, The Longevity Fund and Lachy Groom — all companies involved in Loyal’s $11 million […]
Jscrambler raises $15M Series A to help defend against website attacks
Jscrambler, a Portugal-based startup specializing in cybersecurity products that protect organizations against web data exfiltration attacks, has secured $15 million in Series A funding. The investment, which comes two years after the startup secured $2.3 million in seed funding, was led by Ace Capital Partners and backed by existing investors Sonae IM and Portugal Ventures. Jscrambler […]
Bigeye, providing data quality automation, closes second round this year with $45M
Bigeye on Thursday announced a $45 million in Series B funding, just six months after securing a $17 million Series A round. Coatue led the new investment that included existing investors Sequoia Capital and Costanoa Ventures. Together, the San Francisco-based company has brought in a total of $66 million, which also includes a $4 million […]
India merger of Sony, Zee to create TV powerhouse challenging Disney
September 23, 2021 By Shilpa Jamkhandikar and Sankalp Phartiyal MUMBAI (Reuters) – A merger of India’s Zee and a domestic unit of Japan’s Sony Group Corp will create a television powerhouse to grab more advertising revenue, challenging top rival Walt Disney Co in a key growth market, industry officials said. The Sony-Zee alliance, with about […]
Samsung in talks with Tesla to make next-gen self-driving chips -Korea Economic Daily
September 23, 2021 SEOUL (Reuters) – Samsung Electronics is in talks with Tesla to make Tesla’s next-generation self-driving chips based on Samsung’s 7-nanometre chip production process, a South Korean newspaper reported on Thursday. Since the beginning of this year, Tesla and Samsung have discussed chip design multiple times and exchanged chip prototypes for Tesla’s upcoming […]
Salesforce raises full-year revenue outlook on hybrid work boost
September 23, 2021 (Reuters) -Salesforce.com Inc on Thursday raised its full-year revenue forecast, as the pandemic-led shift to hybrid work fueled demand for its cloud-based software. Shares of the company were up 2.4% at $265.4 in premarket trading. The business software maker’s revenue has gone from strength to strength over the past year, with the […]
Australia says will be patient on rebuilding ties with France
September 23, 2021 SYDNEY (Reuters) – Australian Prime Minister Scott Morrison said he has tried to arrange a conversation with French President Emmanuel Macron but has been unsuccessful so far, a week after his cancellation of a major submarine deal sparked a diplomatic row with Paris. Morrison, speaking in Washington on Wednesday, said he would […]
Soccer-Lukaku a distant memory as free-scoring Inter start in style
September 23, 2021 By Alasdair Mackenzie ROME (Reuters) – No Lukaku, no problem. Inter Milan have begun their Serie A title defence in free-scoring form, despite selling their top scorer from last season. While Juventus struggle in the absence of Cristiano Ronaldo, the Italian champions have had no such trouble, netting 18 goals in five […]
Soccer-Chelsea’s Tuchel looks to extend promising start against City
September 23, 2021 By Simon Evans MANCHESTER, England (Reuters) – European champions Chelsea take on Premier League title holders Manchester City at Stamford Bridge on Saturday in a re-match of last season’s Champions League final. When Chelsea triumphed in Porto against Pep Guardiola’s team in May, the result was considered an upset with City heavily […]
Golf-Garcia’s American wife calls on US Ryder Cup fans to cheer not jeer
September 23, 2021 (Reuters) -The American wife of Spanish golfer Sergio Garcia has called on her compatriots to show European players respect during the Ryder Cup after being embarrassed by some U.S. fans at the 2016 competition in Minnesota. Angela Akins said she hoped there would be no repeat of the atmosphere when the event […]
Sofar and DARPA look to standardize ocean monitoring gadgets with Bristlemouth
The ocean is important to countless industries, but we still only have a rough idea of what it’s like as a whole at any given time. To foster a new generation of ocean-monitoring floats and other devices, Sofar Ocean Technologies and DARPA are publishing an open hardware standard called Bristlemouth so that researchers will have […]