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FTC, Justice Dept. takes coordinated action against robocallers
Jun 25, 3:47PM
Federal authorities have announced its latest crackdown on illegal robocallers — taking close to a hundred actions against several companies and individuals blamed for the recent barrage of spam calls. In the so-called “Operation Call It Quits,” the Federal Trade Commission brought four cases — two filed on its behalf by the Justice Department — […]
Why eVTOLs could be providing regional air service sooner than you think
Jun 25, 3:27PM
At Uber’s Elevate summit in Washington, DC earlier this month, researchers, industry leaders and engineers gathered to celebrate the approaching advent of on-demand air service. For Dr. Anita Sengupta, co-founder and Chief Product Office at Detroit’s Airspace Experience Technologies (abbreviated ASX), it was an event full of validation of her company’s specific approach to making […]
Google Drive beta test expands offline support to non-Google files in Chrome
Jun 25, 2:33PM
Google Drive’s offline capabilities are getting an upgrade. Currently, you can use Google Chrome to make your Docs, Sheets, and Slides available offline. On Tuesday, the company announced the launch of a beta test that will expand offline capabilities to other content as well, including PDFs, images, Microsoft Office files, and other non-Google file formats. […]
BMW's next-gen cruise control stops at red lights
Jun 25, 2:15PM
At its NextGen event, BMW today premiered the next generation of its adaptive cruise control system, which will be able to detect and automatically stop at red lights. This isn’t exactly autonomous driving just yet, but it’s clearly an effort to bring some of these advanced cruise control features from highway driving to a more […]
Live like a robber baron for a night with Airbnb Luxe
Jun 25, 1:57PM
Airbnbs are a mixed bag. Pictures only tell half the story, and sometimes you don't really know what you're getting into until you get there. Say what you will about Airbnb's new white glove Luxe service, but the company does seem to go out of its way to ensure that users get what the pay […]
Lightyear One debuts as the first long-range solar-powered electric car
Jun 25, 1:19PM
Electric cars are better for the environment than fossil fuel-burning vehicles, but they still rely on the grid, which can be variously dirty or clean depending on what sources it uses for its energy. The new Lightyear One is a prototype vehicle that would improve that by collecting the power it needs to run from […]
Orderful nabs $10M from A16Z to modernise the B2B supply chain network
Jun 25, 1:08PM
The march of globalization continues unabated, and with it comes a growing demand for companies of all sizes to communicate with and sell to each other, regardless of the distance or any other barrier. Now, a startup that has built a platform to help them do that better and more cheaply is announcing a round […]
Yelp adds portfolios and highlights to its business profiles
Jun 25, 1:00PM
Yelp is announcing two new ad products for business owners — portfolios and “business highlights.” Those highlights are basically a way for businesses to point out their most distinctive and attractive characteristics, using short phrases like “vegetarian-friendly,” “locally-owned & operated” and “X years in operation.” Director of Product Management Alon Shiran emphasized that this is […]
Cameo raises $50M to deliver personalized messages from celebrities & influencers
Jun 25, 1:00PM
With new money from Kleiner Perkins, Cameo plots a global expansion.
SoftBank-backed Getaround acquires Norwegian car rental startup for $12M
Jun 25, 1:00PM
Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries. In April, Getaround made its first acquisition when it bought European car rental startup Drivy […]
Tundra, the zero-fee wholesale marketplace, picks up $12 million
Jun 25, 12:39PM
Tundra, a new zero-commission wholesale marketplace, has today announced the close of $12 million in Series A funding. The round was led by Redpoint’s Annie Kadavy, with participation from investors such as Initialized Capital, Peterson Ventures, FJ Labs, Switch Ventures and Background Capital. Tundra was founded by married couple Arnold and Katie Engel who previously […]
Indonesia's Kopi Kenangan raises a sweet $20M to expand its coffee business
Jun 25, 11:47AM
Kopi Kenangan, a startup that wants to make quality, fresh coffee affordable to Indonesian consumers, has raised $20 million as it begins to consider overseas expansion in Southeast Asia. The round comes courtesy of Sequoia India and Southeast Asia, via the $695 million investment fund it closed last year. Kopi Kenangan previously raised $8 million […]
SpaceX records another first for reusable rocketry by catching Falcon Heavy fairing with a boat
Jun 25, 11:29AM
SpaceX has managed to do another thing that seemed audacious and highly unlikely after a few early botched attempts. It used a ship at sea to catch the falling nosecone that shielded the cargo aboard its Falcon Heavy rocket during launch. The maneuver saw a SpaceX -owned barge called Ms. Tree rigged with a giant […]
Telegram adds location-flavored extras and full group ownership transfers
Jun 25, 10:47AM
Messaging platform Telegram has added a new bunch of location-based features via an update. Users of the latest version of the app will find an ‘Add People Nearby’ setting which they can use to quickly exchange contact details without the need to type in digits. Coupled with a prior update, which lets Telegram users control […]
Showpad, a sales enablement platform for presentations and other collateral, raises $70M
Jun 25, 10:12AM
Sales teams have long turned to tech solutions to help improve how they source leads, develop relationships and close deals. Now, one of the startups that helps out at a key point in that trajectory is announcing a round of growth funding to help fuel its own rapid growth. Showpad, a sales enablement platform that […]
India's Open 'neo-bank' raises $30 million to help businesses automate their finances
Jun 25, 10:01AM
Open, a Bangalore-based startup that operates a "neo-bank" to help businesses automate and run their finances, has bagged $30 million in a new funding round as investors look to replicate a globally tried and tested business idea in emerging markets. The Series B financing round for the two-year-old startup was led by Tiger Global with […]
Indonesia's KoinWorks raises $12 million to grow its P2P SME lending platform
Jun 25, 8:35AM
KoinWorks, an Indonesian startup that helps small and medium-sized businesses secure financial services through its online peer-to-peer platform, has raised $16.5 million SGD ($12 million USD) in a new funding round as money continues to flow in what has become a hot space for investors. The Series B round for the three-year-old startup was led […]
BMW says its running ahead of its electrification goals
Jun 25, 8:30AM
At its NEXTGen event in Munich, BMW today announced that it is running ahead of schedule in its efforts to offer at least 25 electrified vehicles. Previously, the German luxury car manufacturer was shooting for 2025, but it now says that it will offer these 25 vehicles by 2023. As BMW’s Klaus Fröhlich stressed at […]
Here is BMW's new electric motorcycle concept
Jun 25, 8:30AM
BMW has a long history of building motorcycles, but it hasn’t done all that well in the electric motorcycle department. Clearly, though, this is something the company is thinking hard about and today, at its inaugural NextGen event, the company showed its newest electric concept bike, the BMW Motorrad Vision DC Roadster. As usual, there’s […]
Used car marketplace Motorway picks up £11M Series A
Jun 25, 8:00AM
Motorway, the U.K. used car marketplace, has raised £11 million in Series A funding. Leading the round is Marchmont Ventures, the fund managed by Hugo Burge and Alan Martin (the former CEO and CFO of Momondo Group, respectively), along with participation from existing backer LocalGlobe. Founded by the team behind Top10 — the mobile and […]
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