January 2021 – Page 14

Despite PR storm, Pinduoduo stock and downloads stay robust

Pinduoduo, a rapidly growing Chinese e-commerce company, is weathering its PR storm after the death of an employee sparked criticism against the firm’s grueling working hours. The employee, 21 years…

lecrab 12 January 2021

Technology News

Checkout.com raises $450 million and reaches $15 billion valuation

Payments company Checkout.com is raising once again. The company has closed a $450 million Series C round with Tiger Global Management leading the round — Greenoaks Capital and all existing…

lecrab 12 January 2021

Technology News

Curve says closing its new $95M Series C funding caused the delay on accounts filing

Curve, the London-based fintech that combines multiple cards and accounts into one smart card and an app, has secured a Series C finding round of $95 million. The financing was…

lecrab 12 January 2021

eSports

TSM announces Cadillac as exclusive automotive partner

North American esports organisation TSM has announced a partnership with automotive company Cadillac. As a result of the deal, Cadillac has been named TSM’s exclusive automotive partner. According to the release, the…

lecrab 11 January 2021

Technology News

Samsung’s upcycling program is designed to give new life to old tech

In the world of annual refresh cycles, there’s always been a big question mark around what to do with all of the old tech we too readily abandon. There are…

lecrab 11 January 2021

Blockchain

ISACA offers guidance for enterprise blockchain initiatives with new framework

ISACA, the association focused on security and governance for IT professionals, is looking at how enterprises can safely make the most of blockchain technologies with the launch of a new…

lecrab 11 January 2021

Technology News

Vision Fund backs Chinese fitness app Keep in $360 million round

As Chinese fitness class provider Keep continues to diversify its offerings to include Peloton-like bikes, health-conscious snacks among other things, it’s bringing in new investors to fund its ambitions. On…

lecrab 11 January 2021

Technology News

China’s search giant Baidu to set up an EV making venture

China’s search giant Baidu is extending its car ambitions from mere software to production. The company said Monday that it will set up a company to produce electric vehicles with…

lecrab 11 January 2021

Technology News

San Francisco police are prepping for a pro-Trump rally at Twitter headquarters

San Francisco police are preparing for a pro-Trump protest at Twitter’s headquarters, a building which has been essentially abandoned since the start of the pandemic last year, with most Twitter…

lecrab 11 January 2021

Technology News

Indonesian investment platform Ajaib gets $25 million Series A led by Horizons Venture and Alpha JWC

Ajaib Group, an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A…

lecrab 11 January 2021