News

September 20, 2021 KNOKKE HEIST, Belgium (Reuters) – Ellen van Dijk of the Netherlands won the women’s time trial at the road cycling world championships in Bruges on Monday, beating Tokyo Olympic medallists Marlen Reusser of Switzerland and compatriot Annemiek Van Vleuten to claim the title. Van Dijk, world time trial champion in 2013, set […]

Small businesses in the U.S. now have a new way to source home and lifestyle goods from new manufacturers. Bzaar, a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India. The U.S.-based company announced Monday that it raised $4 million in seed funding, led by Canaan Partners, and including angel investors […]

Applications networking company F5 has announced it’s acquiring Threat Stack, a Boston-based cloud security and compliance startup, for $68 million. The deal, which comes months after F5 bought multi-cloud management startup Volterra for $500 million, sees the 25-year-old company looking to bolster its cloud security portfolio as applications become a growing focus for cybercriminals. Businesses […]

September 20, 2021 By Kate Abnett BRUSSELS (Reuters) – The European Union is not doing enough to steer its own spending away from polluting activities or to mobilise private funds for green investments, the European Court of Auditors (ECA) said on Monday. The EU is revamping its financial regulations to help raise money for projects […]

September 20, 2021 WASHINGTON (Reuters) – Russia prevented citizens from exercising their civil and political rights in recent elections and the United States does not recognize the Russian Duma elections on sovereign Ukrainian territory, the State Department said on Monday. “The September 17-19 Duma elections in the Russian Federation took place under conditions not conducive […]

September 20, 2021 By Foo Yun Chee BRUSSELS (Reuters) -Poland will have to pay a 500,000 euro ($585,550) daily penalty to the European Commission for defying an earlier court order to halt operations at its Turow open-pit lignite mine, Europe’s top court said on Monday. The order, which a Polish deputy minister called “aggression,” comes […]

September 20, 2021 By Elizabeth Pineau PARIS (Reuters) -France began doubting Australia’s commitment to a $40 billion submarine order in June and President Emmanuel Macron was only informed by Canberra of the deal’s collapse in writing hours before it was announced, a French presidency official said. The official said there had been no hint of […]

September 20, 2021 WASHINGTON (Reuters) – The United States on Monday said it will extend restrictions at its land borders with Canada and Mexico that bar nonessential travel such as tourism by foreigners despite Ottawa’s decision to open its border to vaccinated Americans. Canada on Aug. 9 began allowing fully vaccinated U.S. visitors for nonessential […]

Picking up where we left off Friday, let’s spend some more time in the GitLab IPO filing. It’s going to be an IPO week, mind; Toast and Freshworks are set to price Tuesday after the close of trading and begin to float on Wednesday. Expect final notes on the value of each and reports on […]

September 20, 2021 By Stephen Nellis (Reuters) – Oracle Corp announced on Monday a new system that it says will use artificial intelligence to automate key parts of digital marketing campaigns. Once primarily known for its database software, Oracle is competing against firms like Adobe Inc and Salesforce.com Inc to sell cloud-based software used for […]

September 20, 2021 (Reuters) – Freshworks Inc said on Monday it was aiming for a valuation of nearly $9.6 billion after the business and customer engagement software company raised its target price range for an initial public offering in the United States. (Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli) Source Link Freshworks […]

September 20, 2021 BERLIN (Reuters) – A consortium led by Volkswagen on Monday handed in a proposal for a takeover of Europcar Mobility Group to France’s market regulator AMF, Volkswagen said on Monday, following through on an announcement in July that an offer was underway. Volkswagen, which has teamed up with asset manager Attestor Limited […]

September 20, 2021 (Reuters) -Hong Kong’s Cathay Pacific Airways Ltd said on Monday it had lowered its passenger capacity forecast for the remainder of the year to 13% of pre-COVID levels, down from an earlier 30% target for the fourth quarter as travel restrictions linger. The airline said it continued to target cash burn of […]

September 20, 2021 By Martin Quin Pollard BEIJING (Reuters) -Universal Studios’ Beijing resort opened its doors to the public on Monday after a two-decade wait, including delays because of the COVID-19 pandemic. The highly anticipated opening takes place amid U.S.-China relations that have deteriorated in recent years. The park will be U.S.-based Universal’s largest and […]

September 20, 2021 (Corrects yuan rate and milestones) By Ritvik Carvalho LONDON (Reuters) -The Chinese yuan skidded to its lowest in nearly three weeks on Monday, dragging down other risk and commodity currencies as worries about property developer Evergrande’s solvency spooked financial markets, while the safe-haven dollar rose. Only on Thursday last week, the yuan […]

September 20, 2021 By Borja Suarez LA PALMA, Spain (Reuters) -The Canary Islands’ first volcanic eruption in 50 years has forced the evacuation of about 5,000 people, including around 500 tourists, and destroyed about 100 houses, officials said on Monday. The volcano erupted on Sunday, shooting lava hundreds of metres into the air, engulfing houses […]

September 20, 2021 VATICAN CITY (Reuters) – A health certificate showing proof of immunity from COVID-19 immunity will be required to enter the Vatican as of Oct. 1, the city state said on Monday. Residents, workers and visitors will have to carry the co-called “Green Pass” that is already widely used in surrounding Italy, the […]

September 20, 2021 BEIJING (Reuters) – A Chinese robotic resupply cargo spacecraft successfully docked with an orbiting space station module on Monday in the fourth of 11 missions needed to finish building China’s first permanent space station by the end of next year. A Long March-7 rocket carrying the Tianzhou-3, or “Heavenly Vessel” in Chinese, […]

Just like that, they came back. The Inspiration4 crew made a triumphant splashdown on Saturday evening off the east coast of Florida, marking the close of the first completely private, all-civilian space mission. SpaceX’s Go Searcher recovery ship hauled the Crew Dragon capsule, dubbed Resilience, a little less than an hour after splashdown. The crew […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]