On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and China, calling domestic tech companies to build more self-reliance in a bid to stay competitive. “China has come to the forefront of development. There is less and less room for taking […]
What’s the cord-cutting equivalent to ditching your kitchen? Uber’s upcoming subscription to unlimited free food delivery. Uber is preparing to launch the $9.99 per month Uber Eats Pass, according to code hidden in Uber’s Android app. The subscription would waive Uber’s service fee that’s typically 15 percent of your order cost. Given that’s often $5 […]
Autonomous vehicles might someday be able to navigate bustling city streets to deliver groceries, pizzas, and other packages without a human behind the wheel. But that doesn’t solve what Ford Motor CTO Ken Washington describes as the last 50-foot problem. Ford and startup Agility Robotics are partnering in a research project that will test how […]
A little under a year ago, Valve released a big overhaul for the chat features built into its Steam game store/launcher. Focusing on modern day chat conveniences like better group chats and embedded media (GIFs!), some saw it as a move to hopefully keep a few more users from heading for Discord — which, […]
India’s ride-hailing giant Ola, which has expanded to select international markets and set ambitious goals for its electric vehicles business, is struggling with selling food. Ola has suspended local operations of Foodpanda, the Indian business of the food delivery startup it acquired in late 2017, according to local newspaper Mint. The move comes as the mobility firm […]
TransferWise, the London-headquartered international money transfer service, is disclosing a new $292 million secondary round that sees investors value the company at $3.5 billion. That’s more than double the valuation TransferWise achieved in late 2017 at the time of its $280 million Series E round. The new secondly funding — with no new cash entering […]
Starting next month, Google will enforce new policies for ads related to abortion in the United States, United Kingdom and Ireland. Google will now require advertisers that want to run ads with abortion-related keywords to apply for certification as an organization that does, or does not, provide abortions. If their ads are approved, they will […]
At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with an engineering degree from the University of Southern California. Instead, the young entrepreneur is plotting to build the Amazon of Bangladesh. Deligram, Rahim’s vision of what e-commerce looks like in Bangladesh, a country of nearly […]
It’s harvest season for Southeast Asia’s full-stack food delivery startups. Following on from Singapore’s Grain raising $10 million, so Malaysia-based Dahmakan today announced a $5 million financing round of its own. The money takes the startup to $10 million raised to date — its last round as $2.6 million last year — and it comes […]
Daphne Koller doesn’t mind hard work. She joined Stanford University’s computer science department in 1995, spending the next 18 years there in a full-time capacity before cofounding the online education giant Coursera, where she spent the following four years and remained co-chairman until last month. Koller then spent a little less than two years at […]
