Friday, July 21, 2023

That’s capitalism, baby

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, when we take a look at the week’s biggest startup and tech news, and have a little fun at the same time. This week, Alex and Mary Ann […]

Posted from: this blog via Microsoft Power Automate.

Share:

Thursday, July 20, 2023

Kasha raises $21M Series B led by Knife Capital to expand health access platform across Africa

As Africa’s youthful population continues to grow exponentially, it’s of the utmost importance that entrepreneurs create various healthcare solutions that will cater to the medical needs of the continent’s future. While the pandemic made investors pay attention to Africa’s private healthcare space, women’s health — a subcategory dominated by women founders that broadly addresses women’s […]

Posted from: this blog via Microsoft Power Automate.

Share:

Autonomous vehicle company Aurora sells $820M worth of stock

Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent private offering of its stock. The company expects the deal to close Friday. The stock sale will help fund Aurora through commercial launch at the end […]

Posted from: this blog via Microsoft Power Automate.

Share:

SpaceX’s Swarm Technologies is halting new device sales

Swarm, the Internet-of-Things connectivity provider that was acquired by SpaceX, will no longer be selling new devices, according to an email sent to customers earlier this month. The news appears to be directly related to SpaceX’s forthcoming expansion into the satellite-to-cell market, with Swarm telling customers that it plans to offer a version of its […]

Posted from: this blog via Microsoft Power Automate.

Share:

Google says Apple employee found a zero-day but did not report it

Google fixed a zero-day in Chrome that was found by an Apple employee, according to comments in the official bug report. While the bug itself is not newsworthy, the circumstances of how this bug was found and reported to Google are, to say the least, peculiar. According to a Google employee, the bug was originally […]

Posted from: this blog via Microsoft Power Automate.

Share:

Whop, an online marketplace for digital goods, raises $17M

Amazon might have the monopoly on physical goods sold online. But what about digital ones? There’s Steam for games and software. Shopify supports some forms of digital goods, like artwork and gig services. But three co-founders, Steven Schwartz, Cameron Zoub and Jack Sharkey, believe that there’s room for competition. Schwartz, Zoub and Sharkey are the […]

Posted from: this blog via Microsoft Power Automate.

Share:

Walmart+ Assist halves the price of its Prime competitor for those on government assistance

Walmart+, the U.S. retailer’s Prime competitor, is introducing a new program designed to help those on government assistance take advantage of its membership benefits, like free shipping and delivery, gas discounts and access to streaming service Paramount+. The company announced this morning the launch of Walmart+ Assist, a way to purchase a Walmart+ membership at […]

Posted from: this blog via Microsoft Power Automate.

Share:

Wednesday, July 19, 2023

Netflix brings password-sharing crackdown to India and every other market

Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today, the global streaming giant said after a limited rollout of the restriction helped the firm sign up nearly 6 million subscribers in the quarter ending June. The streaming giant said it will start to address account sharing between households in […]

Posted from: this blog via Microsoft Power Automate.

Share:

China’s OpenAI challenger Zhipu AI gets Meituan funding

Zhipu AI, one of China’s most promising challengers to OpenAI, has received funding from the country’s food delivery giant Meituan, which has a market cap of around $100 billion at the time of writing. An affiliate of Zhipu AI recently added a Meituan subsidiary as its shareholder, which now owns a 10% stake in the […]

Posted from: this blog via Microsoft Power Automate.

Share: