- Jun- 2021 -20 JuneNews
ByteDance wrestles with Tencent over link blocking
ByteDance wrestles with Tencent by writing a post expressing its anger on Tencent's link blocking activities that have resulted in lack of user sharing.
- 19 JuneNews
Aurora to merge with Y – talks in the final stage
Autonomous vehicle startup Aurora is in talks to merge with Y, a newest SPAC, and reinvent technology partner.
- 18 JuneNews
SentinelOne files for $100M IPO
AI cybersecurity provider SentinelOne files for an IPO on the New York Stock Exchange (NYSE). it uses AI and machine learning for security,
- 17 JuneNews
Tesla’s China Sales Bounce Back
Tesla's sales bounce back in China, in May after facing a short slump when a customer protest. But it might be too early to tell for sure.
- 16 JuneNews
Short Shots – JD revenue grows 39%, Alibaba-backed new retail eyes IPO
While JD.com grows in the Q1 of 2021, showing great revenue, an Alibaba backed new retail, Huitongda, eyes for Hong Kong IPO for $1 billion.
- 15 JuneNews
Pinduoduo beats revenue expectations
Pinduoduo beats revenue expectations for the first quarter of 2021 and is getting ready for heavy investment in agriculture research.
- 14 JuneDiscover
Coffee tasting AI – a new future?
Demetria is developing a coffee tasting AI that can analyse unroasted coffee beans to see what kind of brew they will make.
- 8 JuneNews
QuintoAndar lands $300M at a $4B valuation
Brazil’s proptech QuintoAndar lands $300 million in a Series E round of funding that values it at an impressive $4 billion.
- 7 JuneNews
MotoRefi gets $45M led by Goldman Sachs
In another round of investment led by Goldman Sachs MotoRefi gets $45M, just 5 months after $10 million were put into the fintech startup.
- 6 JuneNews
Alibaba Cloud Prepares for future with RISC – V
Alibaba Cloud prepares Apsara Operating System compatible with other architectures using RISC -V. This may mean future chip independence.
- 5 JuneNews
China on Mars: Zhurong rover returns first pictures
As the rover lands on the Red Planet, China releases the very first pictures of the view captured by Zhurong on its website. Front view from the space vehicle The forward view shows the landscape ahead of the robot as…
- 4 JuneNews
British AI startup Faculty raises $42.5M
British AI startup, Faculty, has raised $42.5. million in growth funding from the Apax Digital Fund. It has raised $56.6 million to date.
- 3 JuneNews
Liquid Instruments raises $13.7M for its education 8-in-1 engineering gadget
To be an engineer, it takes an understanding of multiple tools like voltmeters, etc. But what if all these tools can be combined into just one? One such gadget has been created by Liquid Instruments. Moku:Go combines several commonly used…
- 2 JuneNews
Tencent Tries to Recover From $200 Billion Antitrust Slide
Tencent Holdings is trying to prove that it on its way to recover from the loss of almost $200 billion suffered because of the antitrust scrutiny. The results that come as the pandemic recedes affirm this further. The growth in…
- 1 JuneNews
BYD to begin delivering EVs in Norway by Q3
BYD announced recently that it will begin delivering its electric crossovers in Norway during the third quarter of this year. This is the latest example of a Chinese electric vehicle (EV) maker pushing into the European auto market. The is…
- May- 2021 -31 MayNews
JD Logistics IPO, Tencent, and Alibaba new offerings
On one hand, the pandemic has boosted grocery e-commerce. On the other, it has put a damper on Chinese retail. Its recovery is slower than expected. For instance, retail sales increased by 17.7%, instead of the projected 25%. The reason…
- 30 MayNews
ByteDance’s Zhang Yiming to step down as CEO
ByteDance co-founder and CEO Zhang Yiming said he will step down as the CEO of the TikTok owner at the end of this year. Company co-founder and head of human resources Liang Rubo will take his place. Zhang’s departure comes…
- 28 MayNews
OpenUnit raises a $1M seed round to be the online face of self-storage
OpenUnit is a startup that gives the needed technology to the mom-and-pop stores to help them keep up with the giant chain stores. Self-storage companies now move their services like rentals, leases, and payments online. Hence, it’s becoming increasingly difficult…
- 27 MayNews
NewNew app – Pay to control another person’s life
Wouldn’t it feel nice to decide small things for someone you admire just by paying a small fee?It would be elating for many fans that’s for sure! NewNew is the brainchild of Los Angeles-based entrepreneur Courtne Smith. The app, which…
