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Cloud computing startups raised almost $3B across 97 deals in Q2 2020

Cloud-computing startups have been in high-demand during the coronavirus pandemic, as large businesses need their services to keep up with the huge wave of competition.

In Sep 27, 2020

Amazon, which had struggled to gain a foothold in Italy, benefited from a shift to online shopping during pandemic

Italy, along with Southern Europe in general, had rejected online shopping in favor or in-person markets for quite a long time. This had changed greatly due to Covid-19 lockdowns, and...

In Sep 27, 2020

Elon Musk voiced his discontent on Twitter that OpenAI is exclusively licensing GPT-3 to Microsoft

As we previously covered, Microsoft announced that it was exclusively licensing GPT-3, a natural language AI-powered tool made by OpenAI.

In Sep 27, 2020

Inside eBay’s alleged plot that targeted a blogging duo

“People are basically good” was the founding principple of eBay, but the actions of a few rouge employees had demonstrated quite the opposite.

In Sep 27, 2020

Colombia’s Rappi raises over $300 million

The Colombian delivery application Rappi obtained more than 300 million dollars in an offer to investors, the company informed this Thursday. Rappi was aiming to raise $350 million, a...

In Sep 25, 2020

Alexis Ohanian files for a new $150M fund

According to a public SEC filing, Alexis Ohanian, the co-founder of Reddit, is raising a new fund called 776. The new goal is to receive $150 million in a fund tied to the Olympic Gam...

In Sep 25, 2020

Chinese startup Showmac Tech, which makes eSIMs for Xiaomi IoT devices, raises $15M Series A+

The eSIM maker for Xiaomi’s IoT line of products raises $15 million in a Series A+ funding round, which amounts to 100 million Chinese yuan. The funding was lead by Addor Capital, wit...

In Sep 25, 2020

Palantir Fetching a Market Valuation of $22 Billion

From Crunchbase News:

In Sep 25, 2020

Mobile World Congress 2021

The GSMA has announced that the Mobile World Congress 2021 will be delayed. Instead of being held in February, the event has been postponed until the end of June. Will this decision a...

In Sep 25, 2020

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