- Apr- 2021 -9 AprilNews
Biden’s $2 trillion corporate tax plan tears up republicans’ 2017 blueprint
With the new tax plan, President Biden aims at undoing much of the structure that Republicans built in their tax law less than four years ago, driving up rates on large U.S.-based companies and raising taxes on their foreign profits.…
- 8 AprilNews
Sensors Collect Crucial Data on Mars Landings With Arrival of Perseverance
For more than six years, the Mars Entry, Descent, and Landing Instrumentation 2 (MEDLI2) team have waited to hear and experience the successful landing of NASA’s Perseverance rover. Their patience was finally paid when NASA’s Perseverance rover successfully landed on…
- 7 AprilNews
Clubhouse will create billions in value and capture none of it
Clubhouse, an invite-only audio chat room that has somehow invented the new concept of talking to friends. This is a new trend that is being adopted by many big platforms. Very similar to it was lockerRoom, which has recently been…
- 1 AprilNews
Ant Group-backed bike-rental app Hello Inc files for US IPO
According to a Bloomberg report, Hello Inc, a Chinese bike-rental firm, has filed for an initial public offering in the US. Why is it garnering attention? Hello, a Shanghai-based firm, has survived China’s competitive bike rental bubble and is a…
- Mar- 2021 -31 MarchNews
Ant Group CEO Simon Hu resigns due to personal reasons
As Ant Group Co. founded by billionaire Jack Ma, grapples with Chinese government demands to overhaul its business, Simon Hu has unexpectedly resigned as CEO, adding fresh turmoil to the financial technology giant. Who will be the new leader? A…
- 30 MarchNews
Chatbot startup Heyday raises $5.1M
Heyday, a Montreal-based company, has announced that it has raised $6.5 million Canadian ($5.1 million in US dollars) in additional seed funding. The goal of the startup Co-founder and CEO Steve Desjarlais said that the startup’s goal is to allow retailers to…
- 29 MarchNews
DataGrail snares $30M Series B to help deal with privacy regulations
What is DataGrail DataGrail is a startup that helps customers understand where their data lives to help comply with a growing body of privacy regulations. It has recently announced a $30 million Series B. The round was led by Felicis…
- 27 MarchNews
Little mention of China’s EV industry in the Five-Year Plan
In this year’s annual government work report which was presented on Friday, China’s ambition to become a world leader in electric vehicles was barely mentioned. Experts say that it’s a sign indicating that the market is maturing. Policies and Market…
- 25 MarchNews
Norwegian education start-up Kahoot targets Asian expansion
As the Norwegian online education startup, Kahoot launches a “re-IPO” to the main market listing in Oslo, it is looking to use its biggest shareholder SoftBank to crack Asia and is on the hunt for acquisitions. What is Kahoot and…
- 16 MarchNews
Uber spins out delivery robot startup: Serve Robotics
Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, has officially spun out as an independent company called Serve Robotics. Investors and Funding specifics for Serve Robotics It was reported in January that…
- 15 MarchNews
Microsoft Mesh’s augmented reality- Video call, Iron Man-style
Software giant Microsoft had a big unveil at Microsoft’s Ignite digital conference. The unveiling was of Microsoft Mesh: evolution of its augmented reality vision, which brings the technology to movie-like levels. Microsoft also revealed “holoportation”. With this technology, a 3D…
- 14 MarchNews
Chip, battery shortages will limit production at Nio
CEO William Li of Nio, Maker of the E- vehicles, said on Tuesday that an industry-wide shortage of electric vehicle batteries and semiconductor chips will continue to hamper production for the next few months. As it gears up for an…
- 12 MarchDiscover
Volocopter: Flying taxi startup picks up another $241M, says service is now 2 years out
Battling COVID 19 where Airplanes, buses and trains have seen lower number of transits, there’s one startup – flying taxi: Volocopter, that has managed to raise some significant amount of funding. Flying taxi is hoping to pioneer a totally new…
- 11 MarchDiscover
Colombian-Israeli AI Startup Aims to Revolutionize Coffee Industry
The traditional method of Quality check Traditionally, for centuries now, the coffee industry has relied on the process of cupping as a quality control check. Cupping is the traditional testing method that determines the quality and taste of coffee beans…
- 10 MarchNews
Jack Ma Alibaba Founder loses China’s Richest Person title
After coming under a regulatory scrutiny, the embattled co-founder of Alibaba group holding Ltd, Jack Ma, has lost his title as China’s richest person to Bottled-water tycoon Zhong Shanshan, according to the annual list of China’s wealthy. What went on…
- 7 MarchEurope
Top 5 promising and innovative startups in Austria
For the past few years, Austria’s startup scene has been garnering increasing attention. The Global Entrepreneurship Monitor Ranked Austria as a top country in Europe for public pre-seed funding. Entrepreneurs starting up in Austria are well supported in their first leaps…
- 6 MarchNews
Self-Driving Truck start-up taps into US market from China
Plus is a Self-driving truck technology developer. It has completed its Series B funding round, pulling in $200 million from returning backers and new investors from China. Plus has raised nearly $400 million in total. New and Old investors to…
- 5 MarchNews
A new device that uses a human battery to work
Who would’ve thought that the future of wearable technology will make the human body as a battery for its working! How does the technology work? As per a report, wearable technology has been developed by researchers at the University of…
- 4 MarchNews
Dallas Start-up to help students pay back their college loans
Dallas area resident, Demetrius Curry has spent the last couple years chasing a dream where students become able to pay back their student loans. What the start-up is all about His startup, known as College Cash, brings together big brands looking…
