SOSV this morning announced work on a $50 million HAX facility in Newark, New Jersey focused on growing industrial, healthcare and climate startups. The five-year development plan utilizes $25 million from the New Jersey Economic Development Authority. The facility is set to open in June of 2022, with an eye on early-stage U.S. companies working […]
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Ransomware: A market problem deserves a market solution
Gary M. Shiffman Contributor Share on Twitter Gary M. Shiffman, Ph.D., is the author of “The Economics of Violence: How Behavioral Science Can Transform our View of Crime, Insurgency, and Terrorism“. He teaches economic science and national security at Georgetown University and is founder and CEO of Giant Oak. REvil is a solid choice for […]
Elodie Games obtains $32.5M round to make social co-op gaming better
During the darkest hours of the pandemic, millions upon millions of people turned to online gaming as a way to pass time in lockdown and connect with friends they couldn’t see in person. But a social, cooperative, fun and cross-platform gaming experience is remarkably hard to find — and Elodie Games is here to change […]
GoPro debuts the HERO10 Black action camera
GoPro today announced a new flagship action camera for its lineup, the HERO10 Black. The main update for the camera is a brand new processor inside, called the GP2, which enables big improvements to image quality and video captures, including recording at 5.3K revolution at up to 60 frames per second, 4K video capture bumped […]
Outer, D2C outdoor furniture brand, secures $50M Series B funding to spur expansion and materials development
Americans spend more than 90% of each day indoors on average. However, approximately 82% of American homeowners are more interested in renovating their outdoor living spaces than they were prior to the pandemic, based on a recent survey, Outer co-founder and CEO Jiake Liu told TechCrunch. On top of that, about 54% of homeowners have […]
Mynd raises $57.3M at an $807M valuation to give people a way to invest in rental properties remotely
Mynd, a company that aims to make it easier for people to buy and manage single-family rental properties, announced today it has raised $57.3 million in funding from QED Investors. The financing values the Oakland, California-based company at $807 million, and brings the company’s total raised to $174.9 million since its 2016 inception. Invesco Real […]
Self Financial raises $50M to help the subprime consumer build credit and savings at the same time
Self Financial, a fintech company that aims to help consumers build credit and savings at the same time, announced today it has raised $50 million in Series E funding. Altos Ventures led the financing, which also included participation from Meritech Capital and Conductive Ventures and brings the Austin-based startup’s total raised to $127 million since […]
OnLoop launches with $2M to inject some fun into performance reviews
Performance reviews eat up a lot of a manager’s time and are often the most dreaded part of work. OnLoop aims to bring some joy into the process by enabling information-gathering to happen behind the scenes and be easier for hybrid workforces. The Singapore-based company designed a mobile-first product that consistently gathers employee feedback and […]
Tile secures $40 million to take on Apple AirTag with new products
Tile, the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic, announced today it has raised $40 million in non-dilutive debt financing from Capital IP. The funding will be put towards investment in Tile’s finding technologies, ahead of the company’s plan to unveil a new slate of products and features […]
3 strategies to make adopting new HR tech easier for hiring managers
Neil Morelli Contributor Share on Twitter Neil Morelli, Ph.D, is the chief industrial-organizational psychologist at Codility, a pre-hire assessment platform for software engineering talent. He has spent more than 10 years in technology-enabled talent acquisition, helping Fortune 500 and venture-backed tech companies create effective and inclusive hiring practices. Recruiting for technical roles can be challenging. […]
Argentina budget targets 4% growth in 2022, assumes IMF deal
September 16, 2021 By Lucila Sigal and Jorge Iorio BUENOS AIRES (Reuters) -Argentina’s economy is predicted to grow 4% in 2022, while inflation is expected to hit 33%, according to a draft budget released just before midnight on Wednesday that lays out the embattled government’s economic roadmap for next year. The draft, which must be […]
Spain to add more than 80,000 jobs in September, minister says
September 16, 2021 MADRID (Reuters) – Spain is likely to add more than 80,000 jobs in September as the economy recovers from the restrictions imposed during the COVID-19 pandemic, Social Security Minister Jose Luis Escriva said on Thursday. “These data confirm the strong dynamism in Spain’s labour market that we have observed since June,” he […]
Russia’s Putin to attend 2022 Beijing Olympics – report
September 16, 2021 MOSCOW (Reuters) – Russian President Vladimir Putin has accepted China’s invitation to attend the Beijing Olympics in February 2022, the RIA news agency quoted Russian foreign minister Sergei Lavrov as saying on Thursday. Russian athletes are barred from competing at major international events, including the Olympics, with their flag and anthem until […]
AI startup Sorcero secures $10M for language intelligence platform
Sorcero announced Thursday a $10 million Series A round of funding to continue scaling its medical and technical language intelligence platform. The latest funding round comes as the company, headquartered in Washington, D.C. and Cambridge, Massachusetts, sees increased demand for its advanced analytics from life sciences and technical companies. Sorcero’s natural language processing platform makes […]
Stablecoin Tether says holds no Evergrande commercial paper
September 16, 2021 HONG KONG (Reuters) – Tether, the world’s largest ‘stablecoin’, said in a statement it does not hold any commercial paper or securities issued by embattled developer China Evergrande Group, as regulatory scrutiny into risks from this type of token grow. Evergrande, which has total liabilities of more than $300 billion, is also […]
UK fashion group ASOS ties exec pay to new environmental goals
September 16, 2021 By Kate Holton and Sachin Ravikumar (Reuters) -Online fashion retailer ASOS set out plans to cut its environmental impact and improve worker rights on Thursday, tying its success in cutting waste and carbon levels to future management pay. Joining a growing list of fast-fashion companies to open up its supply chain for […]
Salesforce announces new Mulesoft RPA tool as it expands workflow automation offerings
When Salesforce announced it was buying German RPA vendor Servicetrace last month, it seemed that it might match up well with Mulesoft, the company the CRM giant bought in 2018 for $6.5 billion. Mulesoft, among other things, helps customers build APIs to legacy systems, while Servicetrace provides a way to add automation to legacy systems. […]
Ryanair ‘couldn’t care less’ about another Boeing order as it lifts growth target
September 16, 2021 By Conor Humphries DUBLIN (Reuters) – Ryanair lifted its five-year passenger forecast on Thursday, saying the delivery of an existing Boeing order and increased use of older aircraft would allow it to grow faster without the need for an additional large plane deal. Europe’s largest low cost carrier last week abruptly ended […]
Italy readies law to make COVID health pass mandatory for all workers
September 16, 2021 By Crispian Balmer and Giuseppe Fonte ROME (Reuters) – Italy is poised to become the first country in Europe to make it obligatory for all workers to have a COVID-19 “Green Pass”, with the cabinet due to approve the measure at a meeting later on Thursday, officials said. The pass is a […]
China fumes over U.S. nuclear sub pact with Britain, Australia
September 16, 2021 By Trevor Hunnicutt, Nandita Bose, David Brunnstrom and Colin Packham WASHINGTON/CANBERRA (Reuters) -China on Thursday denounced a new Indo-Pacific security alliance between the United States, Britain and Australia, saying such partnerships should not target third countries and warning of an intensified arms race in the region. Under the arrangement, dubbed AUKUS, the […]