Grab has become the newest addition to the SoftBank Vision Fund after it announced today that it has pulled in a $1.46 billion investment from the super fund. Grab said the new money will be used to further its super app strategy, which is aimed at making its service a daily app for Southeast Asian…
In one of the most significant milestones for depression treatment in decades, the U.S. Food and Drug Administration announced today that it has approved a new drug with esketamine, a derivative of ketamine. Made by Johnson & Johnson under the brand name Spravato, the drug is meant to be taken as a nasal spray in…
Kate, Duchess of Cambridge, and Meghan, Duchess of Sussex. Clive Mason/Getty Images The British royals have had enough of the Twitter trolls and have decided to fight back. Evidently fed up with abuse targeting members of the royal household, the family’s social media team this week responded with a set of “social media community guidelines”…
Kobalt, a 19-year-old, London-based music services company that operates as both a music publisher and a service-based music company — among other things, it helps artists collect the royalties owed them — is reportedly raising a new round of funding that could surpass $100 million. Music Business Worldwide (MBW) reported on the round yesterday, with…
That was unexpected, including by the FDA, apparently. FDA Commissioner Scott Gottlieb resigned today, an administration official tells The Washington Post, adding that Gottlieb will relinquish the office in one month. Unlike many people who leave the Trump administration, the resignation wasn’t sought or expected, reports the Post, which notes Gottlieb has recently hired senior…
For a long time, it was the norm for founders to haul their hardware to the 3000 block of Sand Hill Road, where the venture capitalists of “Silicon Valley” would be awaiting their pitches. Today, many of the investors that touted the exclusivity of “The Valley” have moved north to San Francisco, where they have…
In 2017, when Tesla announced incredibly ambitious Model 3 production targets of 5,000 Model 3s per week and the beginning of “production hell,” analysts were wary. But Elon Musk insisted he could pull it off, citing hyper-automation — a robotic assembly line — as his secret weapon to increase manufacturing speed and drive down costs.…
Your startup needs customers to survive. If and when you make sales or generate installs, you are wading into the fast moving stream of commerce and exposing yourself to risk. Well-drafted customer contracts limit your liability and create legally enforceable rights to get paid for your work. In fact, contracts are actually dispute prevention mechanisms,…
On Tuesday’s episode of Digital Trends Live, host Greg Nibler discussed trending tech topics like Congress’ push to restore net neutrality, the new, faster USB4, and a flying car at the Geneva Auto Show. We also sat down with actor and comedian, Jason Horton of the podcast Ghost Town, and Joel Comm of the podcast Bad…
The Los Angeles-based video gaming clipping service, Medal, has made its first acquisition as it rolls out new features to its user base. The company has acquired the Discord -based donations and payments service Donate Bot to enable direct payments and other types of transactions directly on its site. Now, the company is rolling out…
