Category: Tech News

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Automotive startup Upstream raises $62M Series C to scale cloud-based security

Back in 2015, researchers Charlie Miller and Chris Valasek remotely hacked into a Jeep Cherokee driven by a Wired reporter, Andy Greenberg, in an attempt to warn the auto industry of potential pitfalls in their software and inspire legislation around automotive cybersecurity. It did that and more. Fiat Chrysler, which owns Jeep, ended up recalling… Continue reading Automotive startup Upstream raises $62M Series C to scale cloud-based security

Learn New Skills And Protect Your Privacy With 97% Off This App Bundle

2021 has been a year where everything has shifted to the internet, including education for busy adults. And that makes both lifelong learning and a secure easy-to-access internet connection key to your future success. The StackSkills, KeepSolid VPN Unlimited, & Sticky Password Lifetime Subscription Bundle gives you it all for 97% off. A Better Connection… Continue reading Learn New Skills And Protect Your Privacy With 97% Off This App Bundle

Indonesian home decor platform Dekoruma snags $15m in Series C1 round

Indonesia’s home and living platform Dekoruma has raised $15 million in its Series C1 round of funding led by Nexter Ventures by SCG Cement-Building Materials and KTB Network, according to a company statement. Existing investors including GDN, OCBC NISP Ventura, and Foundamental joined the round.  Set up in 2016 as a furniture marketplace, Dekoruma’s platform… Continue reading Indonesian home decor platform Dekoruma snags $15m in Series C1 round

Baidu’s AI voice assistant Xiaodu closes funding at $5.1b valuation

Chinese tech giant Baidu Inc said on Tuesday its artificial intelligence (AI) voice assistant Xiaodu Technology has closed Series B financing at a $5.1 billion valuation. This comes in the midst of a regulatory crackdown on the tech industry by the Chinese authorities that has led to an upheaval in many sectors including as e-commerce,… Continue reading Baidu’s AI voice assistant Xiaodu closes funding at $5.1b valuation

India: Premium products discovery startup Smytten raises $6m led by Fireside

Smytten, online platform for consumer product discovery and trials, on Tuesday announced that it has raised $6 million in Series A funding led by Fireside Ventures. The round saw participation from Sharrp Ventures (Mariwala family office), Survam Partners (Suman Kant Munjal family office), and Waao Partners (Pratul Shroff family office). Existing investor Roots Ventures also… Continue reading India: Premium products discovery startup Smytten raises $6m led by Fireside

India’s ReNew Power completes SPAC merger with RMG II

ReNew Power Private Ltd on Tuesday announced the completion of its merger with Nasdaq-listed special purpose acquisition company (SPAC) RMG Acquisition Corp. II (RMG II). The merger puts an enterprise value of around $8 billion and an equity value of $4.4 billion on the new entity, ReNew Energy Global Plc. SPACs are publicly traded shell… Continue reading India’s ReNew Power completes SPAC merger with RMG II

Google dismantles Health unit in favor of tried-and-tested ‘throw everything at the wall’ strategy

Once again, Google is headed back to the drawing board to rethink its healthcare strategy. As first reported by Business Insider, the tech giant is dissolving its single, unified Google Health division, founded in 2018, in favor of a distributed approach to building health products. The head of the division, David Feinberg, is leaving the… Continue reading Google dismantles Health unit in favor of tried-and-tested ‘throw everything at the wall’ strategy

EA pledges not to sue over its accessibility patents and technologies

EA won’t be filing any lawsuit against other developers that use the patented accessibility mechanics it uses in its games. The video game giant has announced that it’s making a Patents Pledge, which gives rival developers free access to any of its accessibility-related technologies. While not all gameplay mechanics are patented, some companies have taken… Continue reading EA pledges not to sue over its accessibility patents and technologies