Technology

Is Uber selling its Southeast Asia business to Grab?

 If you read the tech press, you might have seen reports that Uber is pursuing a sale in Southeast Asia that would see Grab, its Singapore-headquartered rival valued at $6 billion, acquire Uber’s business in the region. Rumors of such a tie-in have been rife for a while. Uber sold its China business in exactly such […]

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Nissan and DeNA will begin testing a self-driving taxi service in Japan next month

 Nissan Motor and DeNA announced today that field tests of Easy Ride, the self-driving taxi service they developed together, will begin next month in Japan. This means that Nissan and DeNA now rank among Uber, Lyft, GM, Didi Chuxing and other companies pioneering self-driving taxi pilots, with the goal of launching commercially within the next […]

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Angry Birds maker craters on bad guidance, losing half its market value

 Angry Birds maker Rovio’s stock price tanked cratered after their latest quarterly earnings report painted a dismal future for the game maker. The stock is down 50 percent after the company sent investors a warning in their latest earnings report that revenues were likely to suffer in 2018. Despite a strong over reliance on the Angry […]

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InfluxData scores $35 million Series C to expand time series database business

 In a world where sensors are capturing ever-increasing amounts of data, being able to collect that high volume and measure it over time becomes increasingly important. InfluxData, the startup built on top of the open source time series database platform, announced it has received a $35 million Series C investment today led by Sapphire Ventures, […]

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Unacast bags $17.5M to do more with location data

 Location tracking can seem pretty creepy if you’re the consumer being watched. But there’s big and growing business in tracking human movements and behavior, thanks to the ubiquity of smartphones. To wit: Unacast, a location data startup from Norway, has today announced a $17.5 million Series B round… Read More Read More At Article Source […]

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UJET, a startup that wants to speed up customer support, raises $25M led by GV

 UJET, a startup that makes software to improve customer support, said today that it’s raised a $25 million Series B led by GV (formerly known as Google Ventures). Other participants in the round include returning investors Kleiner Perkins and DCM Ventures and new backer Citi Ventures. Read More Read More At Article Source | Article […]

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Frank and Oak picks up $16 million Series C

 Frank and Oak, the direct-to-consumer clothing brand based out of Canada, is today announcing the close of a $16 million USD Series C funding round led by Caisse de dépôt et placement du Québec, with participation from Goodwater Capital and Investissement Québec. Frank and Oak launched in 2012 offering personalized menswear, with a recommendations newsletter […]

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