September 22, 2021 By Colin Packham CANBERRA (Reuters) – An Australian-EU trade deal would be mutually beneficial and allow EU members a greater presence in the Indo-Pacific, said Australia’s trade minister, as Canberra tries to repair ties with Paris after the scrapping of a $40 billion submarine deal. Australia last week cancelled a deal with […]
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China Evergrande unit will make onshore bond coupon payments on Sept 23
September 22, 2021 SHANGHAI (Reuters) -China Evergrande Group’s main unit said on Wednesday that it would make a bond interest payment on Sept. 23 after private negotiations with bondholders, as global investors worry over a possible default by China’s No. 2 property developer. In a Shenzhen exchange filing, Hengda Real Estate Group Co Ltd said […]
Indonesian halal-focused social commerce startup Evermos lands $30M Series B
Evermos’ founding team (l to r): Arip Tirta, Ghufron Mustaqim, Iqbal Muslimin and Ilham Taufiq Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by opening online stores without spending capital and to help small brands grow into household names. The company, which focuses on halal products and […]
Foxconn says Thailand EV factory will begin producing 50,000 units by 2023
Taiwan-based smartphone manufacturing giant Foxconn and national Thailand oil supplier PTT PLC are moving forward with an agreement to start an electric vehicle manufacturing facility in Thailand. The facility is expected to begin rolling out vehicles by 2023. Foxconn had previously reported plans to begin building factories in both Thailand and the U.S. next year. […]
Project44 acquires Convey for $225M to provide end-to-end supply chain visibility
Real-time supply chain visibility company project44 has acquired last-mile tech platform Convey for $225 million. Together, the two companies will combine forces to provide end-to-end supply chain visibility, from the raw materials to the front door. The acquisition will bolster project44’s “Real-time Transportation Visibility Platform” (RTTVP), which provides information on shipments in transit across all […]
Daily Crunch: New PayPal ‘super app’ offers consumers a suite of personal finance features
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello from day one of Disrupt. I just hopped out of watching Battlefield companies pitch — more on them below! — to write this for you. Disrupt is looking smooth, impressive and […]
Straffr is a smart resistance band that helps you exercise on the go
Smart fitness gear is often limited by being static and non-portable. (And, well, eye-wateringly expensive.) Think Peloton‘s stationary bike for spin classes or wall-mounted strength training rig Tonal. Great if you’re at home and can afford to shell out thousands on a fancy home gym, but what if you want to take your workout with […]
Apple Wallet is getting verifiable COVID-19 vaccination cards
Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor Defense Department seeks nuclear propulsion for small spacecraft A Chinese EV startup wants to build a ridable robot unicorn for kids There’s a real chance you’ll need proof of a COVID-19 vaccination to enter certain venues, and Apple is […]
Mirror CEO exits company, following 2020 acquisition by Lululemon
Brynn Putnam has stepped down as CEO of Mirror. The news arrives via a leaked memo to staff also viewed by TechCrunch that notes her exit from the top spot at the connected fitness startup she founded back in 2016. Putnam will continue on as an advisor through next July. This comes a little over […]
Adventr uses patented voice-control tech to allow anyone to create interactive videos
We’ve all been there — you’re watching a horror movie, and you know that the main character definitely shouldn’t go into that creepy house, but no matter how much you yell at your TV, you can’t change his fate. But what if you told the guy on screen to steer clear of the house, and […]
RoboDeck is a robot that keeps your house’s deck looking good
If your house has a wooden deck, keeping it in good shape is costly and time consuming. If you don’t keep up with the regular maintenance, it becomes even more costly and time consuming to fix — or, eventually, it all just starts to rot and fall apart. We’ve got robots that can clean our […]
Extra Crunch roundup: DTC strategy, IPO analysis, Zoom’s future product plans
Yesterday, Klarna CEO Sebastian Siemiatkowski admitted to a reporter that this didn’t feel like the right moment to take his buy now, pay later company public. “I think it would be nice to IPO when it’s a little bit more sound,” he told CNBC’s Karen Tso. “And right now, it doesn’t feel really sound out […]
Animal Alternative makes a platform play in the growing market of cultured meat
Traditional meat production is about as far from a sustainable process as we’ve got, but our chances of getting everyone to give up “real” meat are lean. Animal Alternative is one of several companies looking to make meat indistinguishable from the animal-based kind using bioreactors and cultured cells, and it aims to empower local producers […]
EyeGage is building a database of eye scans for drug testing
LaVonda Brown developed an interest in eye-tracking during her time at Georgia Tech. The fascination with all the information that can be derived by scanning the so-called Windows to the Soul formed the foundation of EyeGage, one of the 20 companies competing at this year’s Disrupt Startup Battlefield. The startup’s entry into the TechCrunch competition […]
Verdi aims to give farmers granular control over crop irrigation
Verdi, which launched today at TechCrunch’s Startup Battlefield, refers to its smart valve clusters as “swarms.” The term denotes the kind of high-density implementation the company is looking to roll out in farms across North America. Retrofitted with existing irrigation technology, the aim of its system is to give farmers more control over the irrigation […]
ViacomCBS unveils a Paramount+ and Showtime streaming bundle, starting at $9.99 per month
ViacomCBS announced a new streaming bundle today for U.S. subscribers, offering access to both Paramount+ and Showtime. If you subscribe to the ad-supported Paramount+ Essential plan, the bundle will cost $9.99 per month. But if you don’t want to watch ads when you’re laser-focused on the “iCarly” reboot (yes, that exists), you can pay $12.99 […]
Activision Blizzard confirms SEC investigation, loses chief legal officer
The consequences are mounting for gaming giant Activision Blizzard after the company became the subject of a landmark state investigation into discriminatory workplace practices and sexual harassment this summer. Now, Activision Blizzard confirms that it is the subject of a federal investigation by the Securities and Exchange Commission, which has been ramping up enforcement efforts […]
Alpha Medical closes $24M Series B round to expand women’s telehealth – without the video calls
Alpha Medical, a telemedicine company focused on women’s healthcare, closed a $24 million Series B round on Tuesday. It’s another company situated squarely in the crosshairs of a pandemic-fueled boom in telemedicine investment, though Alpha Medical’s approach has one notable difference: you won’t be logging on to any Zoom calls. Alpha Medical was founded in […]
Folio’s 24-year-old founder is bootstrapping a curated, online bookstore
In the midst of TechCrunch Disrupt, hundreds of founders will video call into Startup Alley, eager to share what makes their company stand out. But 24-year-old Clare Carroll’s video background speaks for itself as she calls in from her NYC apartment, which doubles as a stock room for hundreds of books she sells online. Just […]
The Oversight Board wants Facebook to explain its controversial rules for VIPs
Karissa Bell Contributor Karissa Bell is a Senior Editor at Engadget More posts by this contributor YouTube has removed 1 million videos for dangerous COVID-19 misinformation The Oversight Board is pushing Facebook to provide more information on its controversial “cross-check” system, following a report that the company has allowed celebrities, politicians and other public figures […]