Posts

Showing posts from May, 2021

Wefox, a Berlin-based digital insurer focused on personal insurance products, raises $650M Series C led by Target Global at a post-money valuation of $3B (Romain Dillet/TechCrunch)

Image
Romain Dillet / TechCrunch : Wefox, a Berlin-based digital insurer focused on personal insurance products, raises $650M Series C led by Target Global at a post-money valuation of $3B   —  German startup Wefox has raised a $650 million Series C funding round led by Target Global.  Following this funding round … from Techmeme https://ift.tt/3fDeLGW

Nvidia announces flagship gaming GPU GeForce RTX 3080 Ti, promises to deliver 1.5x more performance over RTX 2080 Ti, available worldwide on June 3 for $1,199 (Tom Warren/The Verge)

Image
Tom Warren / The Verge : Nvidia announces flagship gaming GPU GeForce RTX 3080 Ti, promises to deliver 1.5x more performance over RTX 2080 Ti, available worldwide on June 3 for $1,199   —  This is Nvidia's new flagship gaming GPU  —  Nvidia is unveiling its latest flagship gaming GPU today, the GeForce RTX 3080 Ti. from Techmeme https://ift.tt/2SO787y

Rescuers question what3words' use in emergencies

Mountain Rescue in England and Wales shows the BBC dozens of wrong addresses it has been given. from RSSMix.com Mix ID 8290670 https://ift.tt/3p67imU

AMD unveils Radeon RX 6000M series of graphics adapters for gaming laptops, which are based on the RDNA2 architecture that underpins AMD's desktop RX 6000 parts (Ryan Smith/AnandTech)

Image
Ryan Smith / AnandTech : AMD unveils Radeon RX 6000M series of graphics adapters for gaming laptops, which are based on the RDNA2 architecture that underpins AMD's desktop RX 6000 parts   —  Headlining a busy Computex for AMD - and a bit of return to form in that regard - this evening the company is making several graphics and CPU-related product announcements. from Techmeme https://ift.tt/3vDSoXv

Thailand-based Flash Group, which provides e-commerce logistics services including Flash Express, raises $150M in new funding to become Thailand's first unicorn (Suchit Leesa-Nguansuk/Bangkok Post)

Image
Suchit Leesa-Nguansuk / Bangkok Post : Thailand-based Flash Group, which provides e-commerce logistics services including Flash Express, raises $150M in new funding to become Thailand's first unicorn   —  Startup has a goal to list as leader in Asean  —  Thailand-based Flash Group, which provides e-commerce logistics services … from Techmeme https://ift.tt/3i7c4iH

Sources: PE firms KKR and CD&R are nearing a deal to buy software company Cloudera and take it private; Cloudera has a market value of nearly $4B (Wall Street Journal)

Image
Wall Street Journal : Sources: PE firms KKR and CD&R are nearing a deal to buy software company Cloudera and take it private; Cloudera has a market value of nearly $4B   —  Agreement to take software firm private could be finalized by Tuesday, sources say  —  Private-equity firms KKR & Co. and Clayton Dubilier & Rice LLC … from Techmeme https://ift.tt/3p7itMg

Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors

Image
Zenyum , a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused on consumer brands. The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program ), RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. L Catteron Asia’s head of growth investments, Anjana Sasidharan, will join Zenyum’s board. This brings Zenyum’s total raised so far to $56 million, including a $13.6 million Series A announced in November 2019 . In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” Other dental-related investments in L Catteron’s portfolio include Ideal Image, ClearChoice, dentalcorp, OdontoCompany, Espaçolaser and 98point6. Sequoia re...

Why electric cars will take over sooner than you think

The BBC's Justin Rowlatt explains why we are accelerating towards an electric car future. from RSSMix.com Mix ID 8290670 https://ift.tt/2TqY6hb

Instagram's algorithm will now rank original and reposted content equally amid employee concerns about suppression of pro-Palestinian voices (Hannah Murphy/Financial Times)

Image
Hannah Murphy / Financial Times : Instagram's algorithm will now rank original and reposted content equally amid employee concerns about suppression of pro-Palestinian voices   —  Social media app will promote viral posts and original content equally  —  Instagram is changing its app to show more viral and current affairs … from Techmeme https://ift.tt/3wJECTt

Apple releases its supplier responsibility report for 2020, saying there was a reduction in major violations of its code of conduct and no cases of child labor (Bloomberg)

Image
Bloomberg : Apple releases its supplier responsibility report for 2020, saying there was a reduction in major violations of its code of conduct and no cases of child labor   —  - Annual responsibility report covers labor, energy, Covid-19  — Apple stopped providing specific addresses for facilities from Techmeme https://ift.tt/3yPbBrb

Quic, a UDP-based protocol designed by Google to replace TCP, has been published as a standard by IETF, indicating it's mature enough for mass market adoption (Stephen Shankland/CNET)

Image
Stephen Shankland / CNET : Quic, a UDP-based protocol designed by Google to replace TCP, has been published as a standard by IETF, indicating it's mature enough for mass market adoption   —  It's been eight years since Google first announced the technology to replace the internet's seminal TCP standard. from Techmeme https://ift.tt/2TtNsXc

Gaza conflict: Instagram changes algorithm after alleged bias

Instagram says its ranking system had a "bigger impact than expected" on some types of posts. from RSSMix.com Mix ID 8290670 https://ift.tt/3fDu1nw

Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W "HyperCharge" system or in 15 minutes with 120W wireless charging (Sam Byford/The Verge)

Image
Sam Byford / The Verge : Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W “HyperCharge” system or in 15 minutes with 120W wireless charging   —  New ‘world records’ in wired and wireless charging  —  Xiaomi has shown off its latest fast charging tech demo … from Techmeme https://ift.tt/2ROy7jz

Stockholm-based digital healthcare provider Doktor.se raises €50M and says it is planning an IPO in Q1 2022 (Dan Taylor/Tech.eu)

Image
Dan Taylor / Tech.eu : Stockholm-based digital healthcare provider Doktor.se raises €50M and says it is planning an IPO in Q1 2022   —  Stockholm-based digital healthcare platform Doktor has raised €50 million in a new investment round that saw participation from Consensus Asset Management, Norron … from Techmeme https://ift.tt/3wI9mEo

Chipper Cash, which provides cross-border payments services in Africa and says it has 4M users, raises $100M Series C led by SVB Capital (Tage Kene-Okafor/TechCrunch)

Image
Tage Kene-Okafor / TechCrunch : Chipper Cash, which provides cross-border payments services in Africa and says it has 4M users, raises $100M Series C led by SVB Capital   —  Fintech in Africa is a goldmine.  Investors are betting big on startups offering a plethora of services from payments and lending to neobanks … from Techmeme https://ift.tt/2RXaRjk

How computational storage delivers datacentre benefits

from RSSMix.com Mix ID 8290670 https://ift.tt/3wLrwoE

Esports' popularity 'only scratching the surface'

Traditional sport must 'shift' to attract new audiences says the boss of a major esports team. from RSSMix.com Mix ID 8290670 https://ift.tt/3p9Wfcr

'I lost millions through cryptocurrency addiction'

Jake got addicted to trading cryptocurrency and lost more than £1m of money that was not his. from RSSMix.com Mix ID 8290670 https://ift.tt/3yJKyh3

Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting (Pieter Haeck/Politico)

Image
Pieter Haeck / Politico : Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting   —  Euroconsumer had promised up to €200 in compensation for people who signed up to its lawsuit against Facebook. from Techmeme https://ift.tt/2R9oUC0

Video e-learning platform for MENA, Almentor, closes $6.5M Series B led by Partech

Image
There are more than 400 million Arabic speakers globally and that number isn’t slowing down anytime soon . Arabic, to most people, is a tough language even to those who speak it. According to Duolingo , someone fluent in Egyptian Arabic might not fully understand Yemeni Arabic speakers because of the vast difference in dialect . While individuals can easily navigate dialects , it can be relatively hard for them to find tailored Arabic content essential for everyday life . Dr Ihab Fikry and Ibrahim Kamel founded Almentor.net in 2016 as an online video learning platform to compensate for this lack of online learning content for Arabic speakers . In collaboration with hundreds of leaders, educators, and experts, the platform offers courses and talks in various fields like health, humanities, technology, entrepreneurship, business management, lifestyle, drama, sports, corporate communication, and digital media . In 2016, Almentor closed a $3.5 million seed round and two years...

Some residents worry the warehouse boom in PA's Lehigh Valley, driven by its proximity to NY and e-commerce, is putting long-term economic well-being at risk (Michael Corkery/New York Times)

Image
Michael Corkery / New York Times : Some residents worry the warehouse boom in PA's Lehigh Valley, driven by its proximity to NY and e-commerce, is putting long-term economic well-being at risk   —  Huge facilities have sprouted up in and around the Lehigh Valley, fueled by the astonishing growth of e-commerce. from Techmeme https://ift.tt/3vHblIY

By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens

Image
Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. This means the responsibility falls on cloud kitchen operators to make sure they have enough locations to meet demand from F&B clients, while ensuring fast deliveries to end customers. Indonesian network DishServe has figured out a way to make running cloud kitchen networks even more asset-light. Launched by budget hotel startup RedDoorz’s former chief operating officer, DishServe partners with home kitchens instead of renting or buying its own facilities. It currently works with almost 100 home kitchens in Jakarta, and focuses on small- to medium-sized F&B brands, serving as their last-mile delivery network. Launched in fall 2020, DishServe has raised an undisclosed amount of pre-seed funding from Insignia Ventures Partners. RedDoorz raises $70M to expand its budget hotel network in Southeast Asia ...

Europe’s cookie consent reckoning is coming

Image
Cookie pop-ups getting you down? Complaints that the web is ‘unusable’ in Europe because of frustrating and confusing ‘data choices’ notifications that get in the way of what you’re trying to do online certainly aren’t hard to find. What is hard to find is the ‘reject all’ button that lets you opt out of non-essential cookies which power unpopular stuff like creepy ads. Yet the law says there should be an opt-out clearly offered. So people who complain that EU ‘regulatory bureaucracy’ is the problem are taking aim at the wrong target. EU law on cookie consent is clear: Web users should be offered a simple, free choice — to accept or reject. The problem is that most websites simply aren’t compliant. They choose to make a mockery of the law by offering a skewed choice: Typically a super simple opt- in (to hand them all your data) vs a highly confusing, frustrating, tedious opt-out (and sometimes even no reject option at all ). Make no mistake: This is ignoring the law by design. Si...