Spudsy, a brand that upcycles imperfect sweet potatoes and turns them into plant-based snacks, announced Thursday that it raised $3.3 million in Series A funding in a round led by KarpReilly and Stage 1 Fund. With the new funding, the company has raised a total of $6.5 million since the company was founded three years […]
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Soccer-Man jailed for racially abusing West Bromwich player
September 30, 2021 (Reuters) – A man who racially abused West Bromwich Albion midfielder Romaine Sawyers online received an eight-week prison sentence on Thursday. Simon Silwood, 50, targeted Sawyers after West Bromwich lost 5-0 to Manchester City in an English Premier League match in January. Birmingham Magistrates Court found him guilty of having posted a […]
Analysis-U.S. Fed navigates policy minefield with impending digital dollar report
September 30, 2021 By Jonnelle Marte and Michelle Price (Reuters) – The U.S. Federal Reserve board will soon issue a hotly-awaited report exploring the potential adoption of a digital dollar, but with its governors and other policymakers divided on the issue – and with so much at stake for the financial industry – the central […]
‘We live day to day’: Almost half of Argentines in shadow of poverty
September 30, 2021 By Miguel Lo Bianco and Claudia Martini BUENOS AIRES (Reuters) – Eduardo David Rodriguez takes bags of fruit and vegetables to sell in a fresh produce market in Buenos Aires twice a week to make ends meet for his family. They barely do. Rodriguez, like over four in ten Argentines, lives below […]
Merck to buy Acceleron for about $11.5 billion in rare disease drugs push
September 30, 2021 (Reuters) – Merck & Co will buy drugmaker Acceleron Pharma Inc for about $11.5 billion, the companies said on Thursday, as the U.S. pharmaceutical giant looks to beef up its portfolio with drugs for rare diseases. (Reporting by Mrinalika Roy in Bengaluru; Editing by Vinay Dwivedi and Sriraj kalluvila) Source Link Merck […]
Athletics-AIU to probe Belarus officials removed from Olympics in Tsimanouskaya case
September 30, 2021 (Reuters) – The two Belarus team officials who cut short sprinter Krystsina Tsimanouskaya’s Tokyo Olympics will be investigated by the sport’s Athletics Integrity Unit (AIU) after World Athletics said Thursday it had opened formal proceedings against the pair. Tsimanouskaya was ordered to fly home after criticising coaches for entering her in the […]
Japan’s Mizuho hit with another glitch, some transactions delayed
September 30, 2021 TOKYO (Reuters) -Mizuho Financial Group’s main banking arm said on Thursday a system glitch has been delaying some foreign exchange transactions, just a week after it was slapped with a regulatory punishment over system troubles earlier in the year. Japan’s third-largest lender has experienced a series of technical problems despite a $3.6 […]
Cycling-Tour Down Under’s 2022 race cancelled due to COVID-19 rules
September 30, 2021 (Reuters) – The Tour Down Under in Australia, which was scheduled to take place in January, has been cancelled for a second straight year because of the COVID-19 pandemic, organisers said on Thursday. Traditionally the first World Tour race of the season, the event was set to include the men’s UCI WorldTour […]
Draghi promised to speak up for climate funding at G20, activist says
September 30, 2021 MILAN (Reuters) – Italian Prime Minister Mario Draghi promised activists he would speak up at the G20 summit in Rome to accelerate the pledge of $100 billion per year for vulnerable nations to mitigate the impact of climate change, Ugandan delegate Vanessa Nakate said. Nakate, Sweden’s Greta Thunberg and Italy’s Martina Comparelli […]
Empathy raises $30M for a personal assistant that helps with the practical and emotional process of bereavement
Death is one of the hardest things to cope with in life, both from an emotional and organizational standpoint. And what’s worse is that the latter of these is inevitably compounded by the fact that those left behind are grieving and focused on that. Unsurprisingly, tech that is being built to help in these situations […]
Elevation Capital, General Catalyst lead $12M round into health insurance startup Loop Health
Loop Health aims to be the “Oscar Health of India” and targets the country’s health insurance gap with its approach to primary care and insurance. The Pune-based company is also the latest startup to raise funding in this area, bringing in $12 million in Series A funding in a round co-led by Elevation Capital and […]
Speedata emerges from stealth with $70M and groundbreaking chip technology to accelerate big data analytics processing
Datacenters are taking on ever-more specialized chips to handle different kinds of workloads, moving away from CPUs and adopting GPUs and other kinds of accelerators to handle more complex and resource-intensive computing demands. In the latest development, a startup called Speedata, which is building a processor (fabless) to cover the specific area of big data […]
Alphabet gives some Loon patents to SoftBank, open sources flight data and makes patent non-assertion pledge
Alphabet’s Loon was a stratospheric moonshot that saw the company fly high-altitude balloons to provide cellular network coverage to target areas. The project broke a lot of new ground, including developing technology that enabled balloons to navigate autonomously and stay in one area for long stretches of time, but ultimately came to an end. Now, […]
Israeli foreign minister in Bahrain to sign deals, open embassy
September 30, 2021 MANAMA (Reuters) – Israeli Foreign Minister Yair Lapid flew to Bahrain on Thursday on the highest-level Israeli visit to the Gulf state since the countries established formal relations last year. Lapid, who landed at Bahrain’s international airport in an Israir plane with an olive branch painted on its nose, will inaugurate Israel’s […]
N.Korea’s Kim offers to reopen hotline with South; denounces ‘hostile’ U.S.
September 30, 2021 By Hyonhee Shin SEOUL (Reuters) – North Korean leader Kim Jong Un said he is willing to restore severed inter-Korean hotlines next month but accused the United States of proposing talks without changing its “hostile policy”, the North’s KCNA state news agency reported on Thursday. Kim made the remarks at the reclusive […]
Qatar urges ‘friendly countries’ not to isolate Afghanistan
September 30, 2021 DUBAI (Reuters) – Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani urged on Thursday “friendly” states not to isolate Afghanistan after the takeover of the country by the Taliban. He was speaking at a news conference in Doha with European Union Foreign Policy Chief Josep Borrell. (Reporting by Shakeel Ahmad and Maher […]
Russia to host first royal wedding in more than a century
September 30, 2021 MOSCOW (Reuters) – Russia’s former Imperial capital is set to play host to the wedding of a descendant of the Russian royal family in the first such event in more than a century. Grand Duke George Mikhailovich Romanov will tie the knot with Italian fiancée Victoria Romanovna Bettarini at St. Isaac’s Cathedral […]
Fairphone adds a 5G smartphone, touting software support until at least 2025
Dutch social enterprise Fairphone has announced its first 5G smartphone, the Fairphone 4. The ‘greentech’ mobile maker differentiates from almost the entire smartphone industry through a promise of sustainability via repairable modularity. It combines this with a big push around socially responsibility and ethical electronics — touting fairly sourced materials and better conditions for workers […]
VertoFX picks up $10M for cross-border payments play in emerging markets
VertoFX, a global B2B payments platform that allows small and medium-sized enterprises (SMEs) to make payments to their suppliers, today announced that it has closed $10 million in Series A funding. Quona Capital, an emerging fintech-focused venture capital firm, led the round. Other firms also participated, including The Treasury, founded by Betterment’s Eli Broverman and […]
Carrefour CEO exploring options for consolidation -Le Monde
September 30, 2021 PARIS (Reuters) – French supermarket group Carrefour’s CEO Alexandre Bompard is examining options for sector consolidation and talks have taken place with the family behind the Auchan chain of stores, French daily Le Monde reported on Thursday. Le Monde added that both Carrefour and Auchan declined to comment on reports of talks […]