- GM increases EV and AV investments to $35B through 2025General Motors Co. has yet again upped the amount it says it will spend on electric and autonomous vehicle investments, saying Wednesday that it would spend $35 billion through 2025 – an $8 billion increase from its previous plan announced in November 2020.…
- Companies should utilize real-time compensation data to ensure equal payChris Jackson Contributor Share on Twitter Chris Jackson is the vice president of client development at CompTrak, a compensation management software provider based in Toronto. Diversity, equity and inclusion (DEI) initiatives are often thought to be an issue that can be solved by…
- HBCUvc’s new million-dollar fund wants to give overlooked investors a track recordHBCUvc, a non-profit organization that wants to diversify the world of venture by rooting itself in historically Black colleges and universities, nearly shut down last year. Founder Hadiyah Mujhid met with her team, an entirely Black and Latinx staff, and warned them that…
- Bitcoin miners can prove green potential by undergoing ESG ratings checkBitcoin miners may opt for ESG ratings to prove “greenness” as environmental concerns loom over the entire crypto industry. Read MoreCointelegraph.com News
- Ukrainian police arrest multiple Clop ransomware gang suspectsMultiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea, and the United States. The Cyber Police Department of the National Police of Ukraine confirmed…
- Yasmin Razavi of Spark Capital will sit in judgment at TechCrunch Disrupt 2021’s Startup BattlefieldJoining us onstage as a judge for TechCrunch Disrupt 2021‘s Startup Battlefield will be Yasmin Razavi, general partner at Spark Capital. Her engineering background and fintech chops should make for incisive questions for the founders presenting. Razavi invests in growth-stage enterprise, fintech and…
- No, NFTs aren’t copyrightsHarrison Jordan Contributor Share on Twitter Harrison Jordan is the founder and CEO of HUP.LIFE For contemporary artists, attaching work to the blockchain in the form of a non-fungible token (NFT) may seem like a secure and verifiable way to sell art online.…
- Dear Sophie: Is it possible to expand our startup in the US?Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities…
- Estonian IT company inks $26M crypto mining deal with BitmainBurfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity. Read MoreCointelegraph.com News
- Ukraine Police Arrest Cyber Criminals Behind Clop Ransomware AttacksUkrainian law enforcement officials on Wednesday announced the arrest of the Clop ransomware gang, adding it disrupted the infrastructure employed in attacks targeting victims worldwide since at least 2019. As part of a joint operation between the National Police of Ukraine and authorities from the…
- Honey Insurance launches with $15.5M AUD, the largest seed round ever for an Australian tech startupWhen Richard Joffe moved his family to Australia in 2019, he said applying for home insurance “was like traveling back in time 30 years.” “I found the sign-up process painful, the fine print was confusing and the insurance company was totally reactive, not…
- Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment roundWaymo, Google’s former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its…
- On a growth tear, DuckDuckGo reveals it picked up $100M in secondary investment last yearPrivacy tech continues cooking on gas. To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end of last year with $100 million+ in “mainly secondary investment” — from a mix of existing and new…
- Self-driving trucks startup Kodiak Robotics snags investment, partnership from BridgestoneTire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous trucks, as part of a broader partnership to test and develop smart tire technology. While the terms of the deal weren’t disclosed, Kodiak Robotics co-founder and…
- Introhive raises $100M for AI-powered sales tools to help companies build “relationship graphs”By its nature, sales one of the most social faces of a business, so it’s no surprise that there are tools being built for sales teams that are tapping into some of the most interesting dynamics of the world of social networking, and…
- Every startup needs an in-house senateHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive, Natasha and Danny unpacked the Expensify EC-1, which includes a ton of surprises, building tips, and, as we discuss in…
- Bullish all the way? MicroStrategy doubles down on its Bitcoin betMicroStrategy’s latest bond offering seeks to deliver a yield of 6.25%–6.5% — significantly higher than an average junk bond yield of 4.01%. Read MoreCointelegraph.com News
- Jack Dorsey notes lobbying efforts to get Ethiopian gov’t to embrace BitcoinEthiopian-based group Project Mano is lobbying the government to mine, hold, and link Bitcoin to the ETB or other legal tenders. Read MoreCointelegraph.com News
- Digital euro could drain 8% of bank deposits, Morgan Stanley saysBanks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. Read MoreCointelegraph.com News
- Spotify launches its live audio app and Clubhouse rival, Spotify GreenroomIn March, Spotify announced it was acquiring the company behind the sports-focused audio app Locker Room to help speed its entry into the live audio market. Today, the company is making good on that deal with the launch of Spotify Greenroom, a new…
- Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining programThe Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Read MoreCointelegraph.com News
- Hybrid events platform Brella raises $10M Series A led by Connected CapitalHybrid event platform Brella has raised a $10M Series A funding round led by Connected Capital. Normally used as an offline networking app, Brella pivoted from live events into a virtual event platform after the pandemic hit. The company counts Informa, Marcus Evans,…
- Cannabis and digital health start-up Sanity Group closes $44.2M Series A led by RedalpineBerlin-based cannabis and digital health start-up Sanity Group has closed a $44.2M Series A financing round led by Swiss VC Redalpine along with US-based Navy Capital and SOJE Capital. GMPVC also participated in the round. This appears to be the largest round of…
- With iOS 15, Apple reveals just how far Health has come — and how much further it can goApple’s recent Worldwide Developers Conference (WWDC) keynote was packed with new features for iPhones, Macs and iPads — and like it has done pretty consistently since the debut of its original ‘Health’ app in 2014, those included updates focused on personal health and…
- Looming ‘death cross’ may put Bitcoin bull run in danger ahead of Fed meetingAnalysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook. Read MoreCointelegraph.com News
- Crypto and ‘meme stocks’ shunned by 90% of UK financial advisersA recent Opinium poll has shown that a majority of British financial advisers are not advocates of crypto investing for their clients. Read MoreCointelegraph.com News
- BrowserStack valued at $4 billion in $200 million BOND-led fundingYet another SaaS startup, which began its journey in India, has attained the much coveted unicorn status. BrowserStack, a startup that operates a giant software testing platform, said on Wednesday it has raised $200 million in a new financing round that valued the 10-year-old…
- Your boss might tell you the office is more secure, but it isn’tFor the past 18 months, employees have enjoyed increased flexibility, and ultimately a better work-life balance, as a result of the mass shift to remote working necessitated by the pandemic. Most don’t want this arrangement, which brought an end to extensive commutes and…
- Malware Attack on South Korean Entities Was Work of Andariel GroupA malware campaign targeting South Korean entities that came to light earlier this year has been attributed to a North Korean nation-state hacking group called Andariel, once again indicating that Lazarus attackers are following the trends and their arsenal is in constant development. “The way Windows commands and…
- Adtech ‘data breach’ GDPR complaint is headed to court in EUNew York-based IAB Tech Labs, a standards body for the digital advertising industry, is being taken to court in Germany by the Irish Council for Civil Liberties (ICCL) in a piece of privacy litigation that’s targeted at the high speed online ad auction…
- Volvo Cars wants to make a concept car using “fossil-free” steelVolvo Cars wants to be climate-neutral by 2040, and it has set its sights on a major vehicle component that’s notoriously difficult to decarbonize: steel. The automaker has partnered with Swedish company SSAB, which manufactures “fossil-free” steel, for a limited amount of the…
- Novo, a neobank for SMBs, banks $41MSmall businesses have traditionally been underserved when it comes to IT — they are too big and have too many requirements that can’t be met by consumer products, yet are much too small to afford, implement or thoroughly need apps and other IT…
- World Wide Web’s source code to be auctioned as NFTAn NFT is a digital asset that exists on a blockchain that serves as a public ledger, allowing anyone to verify the asset’s authenticity and ownership. Read More
- Bitwise secures $70M in Series B funding from major Wall Street investorsBitwise has attracted significant investments from major American institutional investors to the tune of $70 million. Read MoreCointelegraph.com News
- Bringg nabs $100M at a $1B valuation for a last-mile delivery platform for retailersWith many consumers making the switch to online shopping in the last year due to Covid-19 and largely staying active on those platforms even after physical shops and the freedom to move about them have been restored, companies that are enabling those services…
- NFT Genius raises $4m to build its music NFTs marketplaceMuch has been written about millions of dollars being spent on non-fungible tokens (NFTs), but it’s also true that millions of dollars are being invested … Read More
- Web Inventor Berners-Lee Will Auction Original Source Code As NFTNational Health System. NFTs started taking off in March after digital artist Beeple sold an NFT piece of artwork for $69 million and Twitter co-founder … Read More
- Gloat raises $57M to reinvent the internal job boardA lot of the focus in recruitment these days has been on better technology to connect people to job opportunities at new organizations, but that also leaves a wide opening to focus on one of the other big funnels for finding work: internal…
- Openlake NFT Marketplace Reshapes Pop Music Industry in Hong KongWith AI and IoT, Openlake supports the streaming of Music NFTs to hardware players and wearable devices which can provide unprecedented … Read More
- Polestar to build its first all-electric SUV in the United StatesPolestar, Volvo Car Group’s standalone electric performance brand, will manufacture its first all-electric SUV in the United States. The automaker said Wednesday that the Polestar 3 will be assembled at a plant shared with Volvo Cars at a factory in Ridgeville, South Carolina.…
- Proposed crypto ban legislation reportedly under review by India’s governmentAuthorities in India are reportedly weighing up options concerning crypto regulations in the country. Read MoreCointelegraph.com News
- New DAO launches after $230M funding round including Peter Thiel, Alan HowardA new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit. Read MoreCointelegraph.com News
- Ransomware Attackers Partnering With Cybercrime Groups to Hack High-Profile TargetsAs ransomware attacks against critical infrastructure skyrocket, new research shows that threat actors behind such disruptions are increasingly shifting from using email messages as an intrusion route to purchasing access from cybercriminal enterprises that have already infiltrated major targets. “Ransomware operators often buy…
- Regulations drive Korean exchanges to delist, warn against high risk coinsAmid increasing scrutiny and demand from regulators, South Korean crypto exchanges are sifting through their supported assets and delisting or placing high-risk coins on an investor warning list. Read MoreCointelegraph.com News
- XVERSE Completes Strategic Investment Round to Debut Metaverse NFT MarketplaceCharles Yang, partner at Genesis Block Ventures, said: “We share the same vision with XVERSE that NFTs can be so much more than digital art; it can … Read More
- El Salvador minister says it’s too early to use Bitcoin for wagesIt’s too soon to talk about Bitcoin-based wages in El Salvador, Minister Rolando Castro stated. Read MoreCointelegraph.com News
- Denmark’s Templafy raises $60M for its B2B SaaS platform that does business document creationTemplafy, a Denmark-born B2B SaaS platform that does business document creation, has raised a $60 million D round of funding led by Blue Cloud Ventures. All previous investors also participated, including Insight Partners, Seed Capital, Dawn Capital and Damgaard Company. Templafy has now…
- Shiba Inu and Chiliz jump 33% and 26% on Coinbase Pro listingsMemes and fan tokens were the order of the day after a Coinbase Pro listing sent SHIB and CHZ to significant gains. Read MoreCointelegraph.com News
- Fox launches $100m NFT fundFox Entertainment is pumping US$100m into a new business and creative unit focused on blockchain and non-fungible tokens (NFT). Scott Greenberg. Read More
- New Bitcoin bull market hodlers are refusing to sell at $40K, data suggestsThose who bought Bitcoin this bull market are in no hurry to sell, says Glassnode, as small-time investor numbers also grow. Read MoreCointelegraph.com News
- Trigo bags $13M for its computer-vision based checkout tech to rival Amazon’s ‘Just Walk Out’While Amazon continues to expand its self-service, computer-vision-based grocery checkout technology by bringing it to bigger stores, an AI startup out of Israel that’s built something to rival it has picked up funding and a new strategic investor as a customer. Trigo, which…
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