H3X rethinks the electric motor to power the next phase of mobility
It’s plain to see that electric vehicles are the future, but there’s more to making that change happen than swapping out a gas motor for a battery-powered one —...
Robinhood files confidentially to go public
Today Bloomberg reported, and Axios confirmed that Robinhood has filed privately to go public. The well-financed Robinhood is an American fintech company that provides zero-cost trading services to consumers.
Private IPO filings have...
Ro raises $500M to grow its remote and in-home primary care platform
Healthcare tech startup Ro has raised $500 million to help fuel continued growth of its hybrid telehealth/in-home primary care platform, which also includes a growing pharmacy business as the company pursues...
Techstars NYC is more global than ever with its latest class of startups
Techstars NYC just announced the 10 startups participating in this year’s program, making up what Managing Director Jenny Fielding described as the accelerator’s most global class yet.
“We’ve always had applications...
Do we need so many virtual HQ platforms?
Teamflow, founded by ex-Uber manager Flo Crivello, has raised an $11 million Series A just three months after raising a $3.9 million seed for its virtual HQ platform. The latest round...
After burning through $2 billion, Katerra gets a $200 million SoftBank lifeline to escape...
SoftBank Group is reportedly investing $200 million to bail out Katerra, a startup that had hoped to remake the construction industry with a vertically integrated approach, according to a report in The...
Top tech CEOs will testify about social media’s role in the Capitol attack this...
Social media executives will be answering to Congress directly for their role in January’s deadly attacks on the U.S. Capitol this week. Facebook’s Mark Zuckerberg, Twitter’s Jack Dorsey and...
Tableau CEO Adam Selipsky is returning to AWS to replace Andy Jassy as CEO
When Amazon announced last month that Jeff Bezos was moving into the executive chairman role, and AWS CEO Andy Jassy would be taking over the entire Amazon operation, speculation began about who...
Google Cloud hires Intel veteran to head its custom chip efforts
There has been a growing industry trend in recent years for large-scale companies to build their own chips. As part of that, Google announced today that it has hired...
Spectrum release dogged by old snags
This week's high court order that has resulted in a delay in the auction of spectrum for high-speed broadband symbolises a malaise in policy, but flexibility on the part...
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Second insurer agrees to pay Covid-19 lockdown business interruption claims
Insurance Claims Africa (ICA) has welcomed the decision by Hollard and Guardrisk to pay claims from businesses forced to close during the national lockdown...
Indian electronics and lifestyle startup Boat raises $100 million from Warburg Pincus
Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the...
Deputy home affairs minister Njabulo Nzuza tests positive for Covid-19
Deputy minister of home affairs Njabulo Nzuza has tested positive for Covid-19, minister Aaron Motsoaledi said on Wednesday.
He said Nzuza will be off for...