Month: August 2017

Uber has a new CEO and he wasted no time in talking about IPO prospects. Addressing employees at a company meeting today, Dara Khosrowshahi, who recently had the top job at public company Expedia, said that Uber could IPO as soon as 18 months. He also said it could take up to 36 months (three
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Domuso, a property management system and payment portal that lets tenants in sticky situations pay late rent over time, has raised $3.1M in funding. This brings the total amount raised for the startup, which was part of the TechCrunch Disrupt NY 2017 Battlefield competition, to $5.8M. The concept for Domuso is straightforward – there are
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Messaging giant WhatsApp is experimenting with giving businesses verified accounts on its platform. In an FAQ on its website the company notes that some business accounts will be displayed with a green tick badge next to them — which denotes that WhatsApp has “confirmed” their phone number belongs to a business account, though it does
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Google has submitted details to the European Commission of how it intends to amend its price comparison service, Google Shopping, to comply with an antitrust decision earlier this summer. The proposals were submitted yesterday. A spokesperson for the Commission confirmed it had received information from Google pertaining to complying with the ruling. The company has
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Thailand’s banks have stepped up to chase the startup dream over the past year. Following on from SCB’s Digital Ventures, which has backed blockchain startup Ripple among others, Kasikorn Bank (KBank) has made the first investment from its $30 million fund — a $1.15 million round for Bangkok-based FlowAccount. KBank announced its Beacon fund this
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Veo, a Copenhagen-based startup, wants to “democratise the recording of football”. By taking advantage of developments in AI and video camera technology, the company offers a solution for amateur soccer clubs that want to video and stream matches and training sessions without the need for a camera operator or vision mixer/editor. The Veo camera mount
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Uber’s Asia-based rival Grab has confirmed that it has taken an undisclosed investment from Toyota. The Japanese automotive giant has been named as one of the participants in Grab’s Series G round which is targeted at $2.5 billion. The Singapore-headquartered company confirmed that SoftBank and China’s Didi contributed $2 billion, but it is collecting an
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We don’t do a lot of Kickstarter posts because the outcomes of crowdfunding campaigns, especially hardware ones, are notoriously unpredictable. But it’s with an easy conscience that I recommend Lomography’s new instant film camera; I backed the company’s last one, the Automat, and it’s been fantastic. This one looks similarly fun, and shoots in a
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Appier co-founder and CEO Chih-Han Yu (middle) with the startup’s employees Appier, a Taiwanese startup that helps companies harness artificial intelligence to make marketing decisions, announced today that it has raised a $33 million Series C round from an impressive roster of Asian investors. They are SoftBank Group Corp., Line Corp., Naver Corp., EDBI (the
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