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Mexico City-based last-mile logistics platform Cargamos wants to own same-day delivery in Latin America. The company has announced a $7 million raise in follow-on funding, bringing its total seed round to $11 million, which it will use to create a nationwide distributed warehouse network so regional retailers can compete with giants like Amazon. Cargamos intends […]

Dapper Labs, the company behind popular fantasy basketball NFT game NBA Top Shot has raised another $250 million in funding led by Coatue. According to a source close to the company, today’s funding round values the company at $7.6 billion. Existing investors Andreessen Horowitz, GV and Version One Ventures are investing once again. Some new […]

Shipping companies, power plants, and investment banks don’t often share much in common, but new research shows they are all inadvertently leaking thousands of email passwords of their own employees, thanks in part to a design flaw in a widely used email protocol. Autodiscover is a feature in Microsoft Exchange, a popular email software for […]

Our world is drowning in human-generated microplastics. And while these tiny fragments of non-biodegradable plastic — floating in the sea, embedded in the soil — are hard to see with the naked eye they pose a gigantic threat to life. Inexorably, plastic pollution is finding its way into the human food chain, with unknown implications […]

Ford Motor has tapped Redwood Materials to create a closed loop system for its upcoming deluge of electric vehicles — a partnership that will cover recycling production scrap and EVs at the end of their life as well as supplying the automaker with raw battery materials. The deal comes as Ford adds more electric vehicles […]

Business tools have gone completely virtual in the last 20 months due to the Covid-19 pandemic, and today a startup whose e-document platform has played a big role in supporting that shift is announcing a big round of funding on the heels of huge growth. PandaDoc, which lets users create, share and sign official documents […]

Spenmo originated as an expense management platform before realizing that expenses “are just a tiny sliver” of a company’s payables, founder and CEO Mohandass Kalaichelvan told TechCrunch. Financial teams also need to manage vendor payments, supplier payments, payroll and reconcile bank accounts, often in different countries, resulting in an overwhelming amount of work. Spenmo was […]

June Homes, a proptech startup that aims to make renting less painful and more flexible for both tenants and landlords, is emerging from stealth today with $50 million in total funding. SoftBank Ventures Asia led the startup’s latest round — a $27 million Series B. Other backers in the company include FJ Labs, Kairos, TQ […]

It’s an extraordinarily exhausting time to estimate costs in the construction industry. Lumber prices skyrocketed during the post-pandemic construction spree, only to come hurtling back down to Earth in recent weeks. Copper, concrete, and steel have also seen wild price swings as supply chain breakages, workers shortages, border restrictions and more plague price stability. Construction […]

Grocery giant Albertsons Companies, which owns Safeway and Jewel-Osco, is steadily adding to its digital transformation, this time with shoppable, livestream video experiences developed by Redwood City-based Firework. Firework noted that Albertsons is the first U.S. grocer to utilize its platform to create, host and curate their own short-form and livestream video for the Albertsons […]

Executive assistants are the ultimate multitaskers and instead of relying on half a dozen apps to make their jobs easier, startup Cabinet is pulling all of that together into one software package designed for the 10 million-person administrative professional market. The company, with bases in both Denver and New York, is developing software to aid […]

Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Netflix and Apple TV+ clean up at the Emmys with ‘The Crown’ and ‘Ted Lasso’ Rolls-Royce’s all-electric aircraft completes 15-minute maiden voyage Netflix is acquiring the Roald Dahl Story Company (RDSC) and rights to the author’s entire catalog, including […]

September 22, 2021 FRANKFURT (Reuters) – Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires, a European Central Bank study showed on Wednesday. The ECB has run simulations on more than 1,600 euro zone […]

September 22, 2021 (Reuters) – Netflix Inc has bought the works of Roald Dahl, including classics such as “Charlie and the Chocolate Factory” and “Matilda”, in its latest content deal as the streaming service faces stiff competition from Disney+ and HBO Max. The company did not disclose the financial terms of the deal, which will […]

September 22, 2021 MOSCOW (Reuters) – Russia’s chief of general staff, Valery Gerasimov, and his United States counterpart, chairman of the joint chiefs of staff Mark Milley, met in Helsinki on Wednesday to discuss risk mitigation in military activities, the RIA news agency reported. It quoted the Russian defence ministry as saying the meeting was […]

Sony Pictures Networks India said on Wednesday it has agreed to acquire Zee Entertainment, which if the deal materializes, will bring together two of the largest broadcasting giants that run large cable television networks, streaming services, music labels, and own scores of other digital assets. The subsidiary of the Japanese conglomerate said it will invest […]

September 22, 2021 BRUSSELS (Reuters) – Europe’s second-highest court on Wednesday rejected French telecoms provider Altice’s challenge against a 125-million-euro ($146.7 million) fine imposed by EU antitrust regulators for closing its PT Portugal deal early six years ago. The Luxembourg-based General Court however reduced the fine by 6.22 million euros because Altice had told the […]

September 22, 2021 (Reuters) – U.S. actor Leonardo DiCaprio is investing in and joining the advisory boards of Aleph Farms and Mosa Meat, the two cultivated meat start-ups said in a statement on Wednesday. “Mosa Meat and Aleph Farms offer new ways to satisfy the world’s demand for beef, while solving some of the most […]

A number of sexual health startups have spun up in recent years offering men discreet help with the awkward issue of erectile dysfunction. Companies like Numan and Roman. But ‘help’ in this context usually means making it easier to get hold of drugs like Viagra. UK-based startup Mojo has been taking a different tack. It’s […]

September 22, 2021 ISLAMABAD (Reuters) – A threat to New Zealand’s cricket team that prompted them to call off a tour of Pakistan came in an email that originated in India, Pakistan’s information Minister said on Wednesday. New Zealand’s cricket squad arrived home on Wednesday after abandoning their tour of Pakistan last week citing a […]