The never-ending quest to kill Comcast is poised to receive some renewed investment as an ambitious startup readies to secure some new cash. Starry, a Boston-based wireless broadband internet startup, has filed to raise up to $125 million in Series D funding according to a Delaware stock authorization filing uncovered by Pitchbook. If Starry closes…
Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with…
China’s biggest ecommerce company Alibaba was again on the U.S. Trade Representative’s blacklist over suspected counterfeits sold on its popular Taobao marketplace that connects small merchants to consumers. Nestling with Alibaba on the U.S.’s annual “notorious” list that reviews trading partners’ intellectual property practice is its fast-rising competitor Pinduoduo . Just this week, Pinduoduo founder…
Amazon is aiming to speed up deliveries for Prime members worldwide. Brian Olsavsky, Amazon’s chief financial officer, said during an earnings call on Thursday that the company is currently investing around $800 million to build the infrastructure so that customers can receive their orders in one business day instead of the current two. “We’re currently…
John (Jiang) Lin Contributor John Lin is an associate partner at Trinity Ventures supporting investments in developer tools, artificial intelligence and real estate. More posts by this contributor The next frontier in real estate technology E-commerce is one of the economy’s bright spots; U.S. e-commerce sales have nearly doubled in five years, and now exceed…
Tesla is poised to open up orders for the Model 3 in the U.K. by early May, as well as other markets that have right-hand drive vehicles, according to a tweet from CEO Elon Musk. The Model 3 order page will go live May 1 or 2 in the U.K., followed by Japan, Australia, New…
Third time lucky — unless you’re Facebook . The social networking giant was hit Thursday by a trio of investigations over its privacy practices following a particularly tumultuous month of security lapses and privacy violations — the latest in a string of embarrassing and damaging breaches at the company, much of its own doing. First…
Uber is reportedly looking to sell shares between $44 to $50, aiming to raise $8 to $10 billion in the offering. This would value the company between $80 billion to $90 billion, Bloomberg reports. Previous reports had pegged Uber’s valuation at around $120 billion. Still, that valuation is higher than its last valuation of $76…
Over the past few months, Sinemia has gone from promising MoviePass competitor to the source of frustration for moviegoers across the country. After rumors surfaced earlier this week that it would be backing away from its troubled subscription-based movie ticket offering, it posted official word tonight that it will be shutting down operations in the…
Hulu Live TV and Sling TV both offer convenient ways to cut the cord without giving up your favorite television shows, but which one fits with your lifestyle — and your budget? Our guide will help you decide. The post Sling TV vs. Hulu: Which live TV streaming service is best for you? appeared first…
