The electric scooter start-up, Bird, has acquired $275 million in Series D funding round led by CDPQ and Sequoia Capital at a valuation of $2.5 billion with the company aiming to improve its unit economics.
Mobile digital advertising startup IronSource raises over $400 million from investment powerhouse CVC Capital Partners. The firm is now valued at slightly over $1 Billion.
Microsoft is creating a new version of Windows 10, designed exclusively for dual-screen and foldable devices. Windows 10X, also known by codename “Santorini,” is an ambitious effort to redesign Windows 10 for devices that don’t even exist yet.
Taboola and Outbrain are finally coming together in a cash-equity deal under the Taboola brand. The deal, announced today, will give Outbrain’s shareholders $250 million along with 30% ownership in Taboola.
Recently Uber, the ride-hailing company, announced that the Uber Copter helicopter taxis in JFK airport are now available for everyone’s use. Previously the service was only for premium members.
IKEA has completed the supply chain transaction which used e-money using smart contracts on the Ethereum blockchain and via the Tradeshift platform. The company views the transaction as pivotal for the sector.
Microsoft unveiled its next generation of Surface devices including the dual-screen Surface Neo tablet and the Microsoft Surface Duo, a smaller device that seems to be for all intents and purposes a new Microsoft foldable phone.
Microsoft announced a new Android-based foldable smartphone, a foldable laptop running Windows 10X, earbuds and other offerings – all within its Surface line of devices.
Samsung has ended mobile telephone production in China hurt by competition from domestic rivals in the world’s biggest smartphone market.The shutdown of last China phone factory comes after it cut production in the last two factories.
Just recently, Amazon held an event where the e-commerce giant announced 80 new products. With their massive event, Amazon is trying to even out the hardware market which is controlled by Apple, Microsoft, and Google.
Tesla is acquiring AI startup DeepScale. Forrest Iandola, DeepScale’s CEO, said on LinkedIn that he joined Tesla’s Autopilot team, which has lost many executives and engineers to companies like Nvidia, GM Cruise, Google, Lyft, and more.
Mark Zuckerberg said that if the Democratic Presidential candidate Elizabeth Warren was to come to power, and pursue her agenda of breaking the Big Tech companies, Facebook won’t step back from fighting the U.S. government in the court.
With the mainnet launch, the BTFS peer-to-peer file storage platform inches one step closer to becoming the world’s largest decentralized storage system.
Tencent has agreed to acquire all the shares belonging to the Norway-based KGJ Capital AS, which is currently the largest shareholder in Funcom.
Tesla is trying to deliver a record 100,000 cars during the third quarter, and with only a day left, sources say that Tesla is currently “a few thousand” cars short of the delivery goal.