News

SellersFunding secured $166.5 million in a combination of Series A equity funding and a credit facility to continue developing its technology and payments platforms for e-commerce businesses. Northzone led the round and was joined by Endeavor Catalyst and Fasanara. SellersFunding CEO Ricardo Pero did not disclose the funding breakdown, but did say the company previously […]

Corporate gift services have come into their own during the Covid-19 pandemic by standing in as a proxy for other kinds of relationship building activities — office meetings, lunches, and hosting at events — that have traditionally been part and parcel of how people do business, but were no longer feasible during lockdowns, social distancing […]

Immi is putting a healthy spin on instant ramen by going plant-based and offering more bold tastes. The company announced Tuesday that it raised $3.8 million in seed funding. Co-founders Kevin Lee and Kevin Chanthasiriphan both grew up in food families from Taiwan and Thailand, respectively, and met a decade ago while working at the […]

A new lawsuit threatens a decades-long collaboration that brought Skype, robot delivery startup Starship Technologies and encrypted enterprise messaging service Wire into the world. TechCrunch has learned that Mark Dyne, one of Skype’s founding investors, is suing billionaire Skype co-founder Janus Friis in California’s Superior Court for the County of Los Angeles for unlawful conspiracy […]

Truepic, a digital image verification software provider, has raised $26 million in a Series B funding round led by M12, Microsoft’s venture fund. Adobe, Sony Innovation Fund by IGV, Hearst Ventures and individuals from Stone Point Capital also participated in the financing, which brings San Diego-based Truepic’s total raised since its 2015 inception to $36 […]

September 14, 2021 By Chandini Monnappa BENGALURU (Reuters) -Zomato Ltd co-founder and head of supply Gaurav Gupta has left the Indian food delivery firm after six years, the company said https://ift.tt/39cnbkx on Tuesday, months after it went public in a high-profile listing. Gupta, who was promoted to the position of founder in March 2019, had […]

September 14, 2021 (Reuters) – Britain was setting out its coronavirus strategy for the winter months on Tuesday, with booster vaccinations for the most vulnerable and elderly a central part of the plans for a country with one of the highest COVID-19 death tolls. Following is a summary of some of the COVID-19 precautions being […]

SpaceX launched a Falcon 9 rocket carrying 51 of its Starlink satellites from Vandenberg Air Force Base in California on Monday night at 8:55 PM PDT (11:55 PM EDT). This was the first launch for the Starlink satellite internet constellation from the west coast, and also the first batch of a second stage of Starlink […]

September 14, 2021 By Philip Pullella PRESOV, Slovakia (Reuters) – Pope Francis said on Tuesday that the cross should not be used as a political symbol and warned against Christians trying to be triumphalist, in an apparent criticism of the use of religion for partisan ends. Francis flew to the city of Presov, in eastern […]

September 14, 2021 LONDON (Reuters) -British defence company BAE Systems has high hopes for its space business after acquiring UK-based In-Space Missions on Tuesday, giving it the ability to design, launch and operate complete satellites. “It (space) will be a big opportunity for us,” Chief Executive Charles Woodburn told Reuters on the sidelines of a […]

September 14, 2021 By Stephen Nellis (Reuters) – Apple Inc on Tuesday is expected to show new iPhone and Apple Watch models with slight upgrades, and analysts expect that wireless carriers will play an outsized role in the annual show as they try to entice consumers into 5G plans. Apple last year introduced its iPhone […]

September 14, 2021 By Sophie Yu and Brenda Goh BEIJING (Reuters) – Chinese retailer Miniso Group will open a ‘flagship’ New York store and nearly double its U.S. outlets this year, betting post-pandemic shoppers on a budget will snap up cheap but fun goods for homes and work like $10 soft toy cats and $4 […]

September 14, 2021 By Carolina Mandl SAO PAULO (Reuters) – Competition, the pandemic and sectoral demand are common challenges facing companies planning initial public offerings (IPOs), but Brazilian companies have started to flag a new risk: political upheaval from far-right President Jair Bolsonaro. Cosmetics maker Coty and retailer Cencosud’s Brazilian units included the risk of […]

September 14, 2021 By Alistair Smout LONDON (Reuters) -British officials on Tuesday recommended COVID-19 vaccine booster shots be given to all vulnerable people and those aged over 50, ahead of an announcement by the government on its strategy for taming infections this winter. The Joint Committee on Vaccination and Immunisation’s recommendation of a third dose, […]

September 14, 2021 By Martin Quin Pollard BEIJING (Reuters) – The plaintiff in a high-profile Chinese #MeToo case headed into a second closed-door hearing in Beijing on Tuesday in what she said could be her last time in court in her lawsuit against a prominent state TV host. Prior to entering the court, which was […]

September 14, 2021 MANILA (Reuters) – Boxer Manny Pacquiao on Tuesday sued for libel an influential celebrity evangelist followed by millions of Filipinos, after he accused the eight-division world champion of embezzling funds intended for a $70 million sports complex. Pastor Apollo Quiboloy, a self-proclaimed “Owner of the Universe” and “Appointed Son of God”, is […]

September 14, 2021 SHANGHAI (Reuters) -China will step up efforts to promote a “civilised” internet by strengthening oversight over the likes of news sites and online platforms and encouraging them to promote core socialist values, the state-run Xinhua news agency reported on Tuesday. After years of runaway growth and rapid change, China’s regulators have been […]

September 14, 2021 PRAGUE (Reuters) – Czech President Milos Zeman was taken to hospital on Tuesday, waving to a camera as he arrived, local media reported. They gave no reason, and the president’s spokesman was not immediately available to comment. The news website Novinky.cz showed video of Zeman, 76, arriving at the hospital by car […]

Five months ago, Ambi Robotics emerged from stealth with a $6 million raise. Today the Bay Area-based firm is back with several times that, announcing a $26 million Series A, led by Tiger Global. The new round also features participation from existing investors, including Bow Capital, Vertex Ventures US and The House Fund. The startup […]

September 14, 2021 MOSCOW (Reuters) – The Russian government published a plan on Tuesday to impose new taxes on foreign-owned digital services by November, part of a package of proposals Moscow says are aimed at supporting its domestic tech sector. The proposed tax on foreign tech firms has been presented as part of an international […]