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Papa co-founder lands seed funding for a second swing in eldercare: UpsideHōM

5 years 3 months ago
Jake Rothstein is the co-founder of Papa, a Miami-based company that offers care and companionship to seniors. The business, which pairs elderly Americans with uncertified-yet-vetted pals, helps offer casual services, such as technology support, grocery delivery or even a fun conversation. It has raised upwards of $91 million in venture capital to date. While Rothstein […]

Cutting out carbon emitters with bioengineering at XTC Global Finals on July 22

5 years 3 months ago
Bioengineering may soon provide compelling, low-carbon alternatives in industries where even the best methods produce significant emissions. Utilizing natural and engineered biological process has led to low-carbon textiles from AlgiKnit, cell-cultured premium meats from Orbillion and fuels captured from waste emissions via LanzaTech — and leaders from those companies will be joining us onstage for […]

Android 12 will let you play games before they finish downloading

5 years 3 months ago
At its Game Developer Summit, Google today announced a new feature for Android game developers that will speed up by almost 2x the time from starting a download in the Google Play store to the game launching — at least on Android 12 devices. The name of the new feature, “play as you download,” pretty […]

Microsoft confirms it’s buying cybersecurity startup RiskIQ

5 years 3 months ago
Microsoft has confirmed it’s buying RiskIQ, a San Francisco-based cybersecurity company that provides threat intelligence and cloud-based software as a service for organizations. Terms of the deal, which will see RiskIQ’s threat intelligence services integrated into Microsoft’s flagship security offerings, were not disclosed, although Bloomberg previously reported that Microsoft will pay more than $500 million […]

Elon Musk defends Tesla’s $2.6B acquisition of SolarCity in Delaware court

5 years 3 months ago
Elon Musk is testifying Monday morning in a lawsuit over Tesla’s 2016 acquisition of SolarCity, a $2.6 billion transaction that a group of shareholders allege was a “bailout” of the failing solar company. The shareholders are seeking repayment to Tesla of the cost to purchase SolarCity. The suit, filed in the Delaware District Court in […]

MSCHF drops tiny action figures of your favorite failed startup hardware

5 years 3 months ago
Hardware is hard. You can browse the archives of this site and come up with dozens of bold attempts to make new consumer electronics gadgets work — some of them very close to home. But, like all startups, most hardware companies run into the hard-core grind of turning atoms into something worth buying.  To commemorate […]

Gembah raises $11M to ‘democratize product innovation’

5 years 3 months ago
Gembah’s mission statement is a deceptively simple one. The Austin-based company says it’s looking to “democratize product innovation by drastically lowering barriers to entry for creation of new products.” In that respect, at least, it’s not so dissimilar from various startup initiatives that have arrived over the past decade, from crowdfunding to additive manufacturing. The […]

Indian financial services firm MobiKwik looks to raise $255 million in IPO

5 years 3 months ago
Gurgaon-based mobile wallet service firm MobiKwik plans to raise up to $255 million in an initial public offering, becoming the latest Indian startup to explore the public markets. The 12-year-old firm, which counts Sequoia Capital India and Abu Dhabi Investment Authority among its investors and has raised about $250 million to date, plans to offer […]

Controversial WhatsApp policy change hit with consumer law complaint in Europe

5 years 3 months ago
Facebook has been accused of multiple breaches of European Union consumer protection law as a result of its attempts to force WhatsApp users to accept controversial changes to the messaging platforms’ terms of use — such as threatening users that the app would stop working if they did not accept the updated policies by May […]

Ex-SafeBoda executive Babajide Duroshola joins M-KOPA to lead expansion into Nigeria

5 years 3 months ago
On June 18, Babajide Duroshola, ex-country head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela. Less than a month later, the executive has found a new role as general manager for Kenyan company M-KOPA. His appointment coincides with M-KOPA’s broader expansion strategy, which includes a move to Nigeria. In […]

Flipkart valued at $37.6 billion in new $3.6 billion fundraise

5 years 3 months ago
Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate as it works to list in the public markets as soon as early next year. The new round of funding — by far the […]
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