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September 15, 2021 WASHINGTON (Reuters) – The United States condemned North Korea’s missile launch on Wednesday, saying it is in violation of multiple U.N. Security Council resolutions and posed a threat to its neighbors and the international community, a State Department spokesperson said. Both North Korea and South Korea test-fired ballistic missiles on Wednesday, the […]

Ascend on Wednesday announced a $5.5 million seed round to further its insurance payments platform that combines financing, collections and payables. First Round Capital led the round and was joined by Susa Ventures, FirstMark Capital, Box Group and a group of angel investors, including Coalition CEO Joshua Motta, Newfront Insurance executives Spike Lipkin and Gordon […]

The ability to offer stock options is utterly essential to startups. They convince talented people to join when the startup is unlikely to be capable of matching the high salaries that larger, established tech firms can offer. However, it’s a complex business developing a competitive stock option plan. Luckily, London-based VC Index Ventures today launches both a […]

Inspired Capital, the New York-based early-stage venture firm that was founded in 2019 by entrepreneurs Alexa von Tobel and Penny Pritzker, is today announcing the close of their second fund with $281 million in capital commitments, an amount that brings the firm’s total assets under management to nearly half a billion dollars. (Inspired raised $200 […]

Businesses and the tech companies that serve them are run on data. At best, it can be used to help with decision-making, to understand how well or badly an organization is doing, and to build new systems to run the next generation of services. At its most challenging, though, data can represent a real headache: […]

Earlier this year, a startup called Olive launched its new shopping site and app with the goal of making e-commerce more efficient, convenient, and sustainable by offering a way for consumers to aggregate their orders from across retailers into single shipments that arrive in reusable packaging, not cardboard. If items need to be returned, those […]

Travel startups continue to rake in venture capital dollars as more people become comfortable traveling amid the global pandemic. The latest is SmarterTravel, which brought in $9.5 million in Series B funding co-led by Link Ventures and Second Alpha, with existing investors also participating. In addition to the fundraise, the company, a provider of personalized […]

September 15, 2021 ISLAMABAD (Reuters) – Afghanistan’s women’s soccer team has left for neighbouring Pakistan, the information minister in Islamabad said on Tuesday, as questions linger over the status of female athletes under Taliban rule. “We welcome Afghanistan women football team, they arrived at Torkham Border from Afghanistan,” said Fawad Chaudhry, Pakistan’s information minister, in […]

September 15, 2021 (Reuters) – Goldman Sachs Group Inc said on Wednesday it will buy GreenSky Inc, a fintech platform that provides consumer loans for home improvement, in an all-stock deal valued at $2.24 billion. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur) Source Link Goldman Sachs to buy lender GreenSky in […]

September 15, 2021 By Joel Schectman and Christopher Bing WASHINGTON (Reuters) -Three former U.S. intelligence operatives who worked as cyber spies for the United Arab Emirates admitted to violating U.S. hacking laws and prohibitions on selling sensitive military technology, under a deal to avoid prosecution announced on Tuesday. The operatives – Marc Baier, Ryan Adams […]

September 15, 2021 (Reuters) – Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday. Initial integration testing is expected to begin later this year, the companies added. The move comes as consumer expectations shift […]

September 15, 2021 DUBLIN (Reuters) – The Irish government’s plans to reduce its budget deficit more gradually than planned to fund spending increases is “at the limit of what is prudent”, the country’s fiscal watchdog said on Wednesday. Ministers in June scrapped plans to close the budget deficit opened up by one of Europe’s strictest […]

September 15, 2021 ULM, Germany (Reuters) – Electric-truck maker Nikola and Iveco, the commercial vehicles brand of Italy’s CNH Industrial, on Wednesday said they had agreed to test and deliver up to 25 vehicles to the port of Hamburg, one of Europe’s largest. The memorandum of understanding, which was signed during the inauguration of the […]

September 15, 2021 By Huw Jones LONDON (Reuters) -Britain’s financial watchdog set itself targets on Wednesday to help consumers by 2025 cut their losses from a growing number of scams and steer clear of investment products that are too risky. Financial fraud has rocketed during the pandemic as more consumers search on the internet for […]

September 15, 2021 By Foo Yun Chee BRUSSELS (Reuters) – EU countries will have to provide more clarity on the use and availability of radio spectrum to help the bloc meet its digital targets, the European Commission said on Wednesday, accelerating a push to reduce reliance on U.S and Chinese technologies. The EU executive also […]

September 15, 2021 By Hyonhee Shin SEOUL (Reuters) -South Korea successfully tested a submarine-launched ballistic missile (SLBM) on Wednesday, becoming the first country without nuclear weapons to develop such a system as it aims to better counter North Korea’s growing capabilities. South Korea’s missile test came the same day as North Korea fired a pair […]

September 15, 2021 ISTANBUL (Reuters) – Turkey’s central bank said on Wednesday that it has formed the Digital Turkish Lira Collaboration Platform to expand its research into the potential benefits of a digital currency. The bank said it signed separate memorandums of understanding with Turkey’s HAVELSAN, ASELSAN and TUBITAK-BILGEM for the platform, which will carry […]

Electric vehicle fleet and infrastructure startup Gravity thinks it has cracked the code for urban EV charging infrastructure.  The company, which was founded in February this year, announced its construction project to convert an indoor parking garage in the middle of Manhattan into a public EV fast charging hub. When the 29-space garage on 42nd […]

September 15, 2021 By Stella Qiu and Gabriel Crossley BEIJING (Reuters) -China’s factory and retail sectors faltered in August with output and sales growth hitting one-year lows as fresh coronavirus outbreaks and supply disruptions threatened the country’s impressive economic recovery. Industrial production rose 5.3% in August from a year earlier, narrowing from an increase of […]

September 15, 2021 By Robin Emmott BRUSSELS (Reuters) – The European Union must stand with Lithuania against Chinese pressure and not give in to trade threats, Slovenia’s prime minister said in a letter to fellow EU leaders, according to a copy seen by Reuters. China’s decision to withdraw its ambassador to Lithuania over a dispute […]