Indian payments platform Razorpay looks to raise up to $250m at $4b valuation

The payments platform is in talks with hedge funds such as Tiger Global Management, Coatue Management, D1 Capital Partners and other technology-focused funds, including DST Global, Dragoneer Investment Group and Falcon Edge Capital, the people said on condition of anonymity. The company counts Sequoia Capital, Matrix Partners and Rabbit Capital among its backers. It wasn’t… Continue reading Indian payments platform Razorpay looks to raise up to $250m at $4b valuation

India: The beeline for IPOs in August may be a sign of something darker

The building of the Bombay Stock Exchange in Mumbai. Credit: Wikimedia Commons Premium India’s markets regulator faced one of its busiest months in August as a record 29 companies filed draft prospectuses for public listings, underscoring the ongoing frenzy in India Inc. to exploit a runaway rally in equity markets. Go to Source

MGI acquires digital ad platform Smaato from China’s QS Funds for $166m

Media and Games Invest SE (MGI), a digital games and media firm mainly operating in Europe and North America, has acquired global in-app advertising platform Smaato from Chinese private equity firm QS Funds for 140 million euros ($165.8 million). The completion of the deal saw QS Funds divest its stake in Smaato, roughly five years… Continue reading MGI acquires digital ad platform Smaato from China’s QS Funds for $166m

At-Home Lab Tests That Use Data to Measure Sleep, Stress, Energy, and Diet

After the last year and a half, getting your general health in check may seem like a Herculean task. According to the Kaiser Foundation, 91% of Americans think it’s important to get an annual physical, but only 62% of Americans typically get one. And if you’re always tired, foggy, or just feel “off,” Googling your… Continue reading At-Home Lab Tests That Use Data to Measure Sleep, Stress, Energy, and Diet

Neural Network Gives Elon Musk Incredible Makeovers

Straight nightmare fuel. Bob Cut Elon A team of researchers from Israel have devised a way of making photorealistic changes to photos using AI-based generative adversarial networks — simply by asking the user to input a description of what they want. The result: a picture of a cat gets turned into a “cute cat” with… Continue reading Neural Network Gives Elon Musk Incredible Makeovers

Feds Demand Data on Teslas Crashing Into Emergency Responders

Regulators want to know why Autopilot seems to have it out for emergency vehicles. Data Dump The federal government’s investigation into crashes seemingly caused by Tesla’s semi-autonomous “Autopilot” driving assistance software is ramping up. On Tuesday morning, the National Highway Traffic Safety Administration (NHTSA) sent Tesla an 11-page letter demanding data on exactly how the… Continue reading Feds Demand Data on Teslas Crashing Into Emergency Responders

This ‘Set It And Forget It’ Crypto Trading Platform Lets You Automate Investing

Investing in cryptocurrency can be extremely lucrative. But it also requires a lot of round-the-clock active attention to make sure you don’t lose your shirt, or miss out on any quick trips to the moon. But we all have lives to lead, and we can’t watch our crypto holdings day and night. But with Coinrule,… Continue reading This ‘Set It And Forget It’ Crypto Trading Platform Lets You Automate Investing

McFlurry machines keep breaking and the FTC wants answers

McDonald’s McFlurry machine and its tendency to break down has been the inspiration for countless jokes and Twitter feuds, and now it could become the subject of a Federal Trade Commission investigation. According to The Wall Street Journal, the agency recently reached out to McDonald’s restaurant owners to collect more information on their experiences with… Continue reading McFlurry machines keep breaking and the FTC wants answers

Reddit offers a non-response to uproar over COVID-19 misinformation

Reddit has finally cracked down on COVID-19 misinformation following growing calls to act, although it probably won’t satisfy many of its critics. The social site has banned r/NoNewNormal and quarantined 54 other COVID-19 denial subreddits, but not over the false claims themselves. Instead, it’s for abuse — NoNewNormal was caught brigading en masse (that is,… Continue reading Reddit offers a non-response to uproar over COVID-19 misinformation