Month: February 2018

eBay is ramping up its presence in Japan via its latest investment in Asia. The U.S. online retail giant announced today that it has acquired the Japan-based business of pan-Asia e-commerce company Giosis, which is called Qoo10.jp, in an undisclosed deal. eBay originally set up Singapore-based Giosis in 2010 alongside Korea’s Gmarket, and as part of
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Amazon has quietly launched its Prime Music service in India today. The retailer brought its Prime service to India some 18 months ago, but at the time it was lacking the free music and video streaming services. Amazon added the Prime Video months later, but it has taken some time for the music service to
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Kindred Capital, a London-based VC firm that has actually been up and running since 2015, is announcing that it has closed its first seed fund of £80 million, money it has already been deploying in around 20 tech startups throughout Europe over the last two years. Portfolio companies include FiveAI, which is building a software
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Square posted a largely successful fourth quarter that showed continuing growth with its Cash app — with users spending around $90 million on its Cash card in December, putting it on at a potentially $1 billion run rate. That would offer another significant avenue for Square to snap up additional customers as it looks to
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Sonos One users in Canada can now join their peers south of the border in yelling requests at their connected speakers – a free update issued today enables Amazon Alexa on the Sonos One. The One launched with Alexa support in the U.S., but while the speaker has been available to Canadian buyers since late
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Facebook is trying to play extra nice with local news publishers by putting $3 million behind the launch of the Local News Subscriptions Accelerator. The three-month pilot program will help 10 to 15 U.S.-based metropolitan news organizations gain more digital subscribers both on and off Facebook. “We often talk to publishers about what the future of
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Israel-based BrainQ is a new neurotech startup hoping to take on brain-computer interface (BCI) companies like Braintree founder Bryan Johnson’s Kernel and Silicon Valley billionaire Elon Musk’s Neuralink. It’s not clear yet what Musk’s startup intends to do with the computer chips it plans to put in our heads, but Johnson’s startup says it is
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Back in 2016, Amazon’s Japanese rival Rakuten acquired Bitnet, a bitcoin wallet startup that it had previously invested in, to help it work on blockchain technology and applications. Today, one of the first fruits of that deal has come to light. The company is planning a new cryptocurrency called Rakuten Coin — built on blockchain technology
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