Evergrande Health, the investor that bailed out besieged electric vehicle startup Faraday Future in a deal worth $2 billion this summer, is now accusing it of attempting to break an agreement it made with previous backer Season Smart. In June, Evergrande Health announced that would it take over the financial commitment made by Season Smart last…
The sovereign fund of Saudi Arabia plans to invest $45 billion into the second SoftBank Vision Fund, two years after putting the same amount into the original $100 billion Vision Fund, Saudi Arabia Crown Price Mohammed bin Salman told Bloomberg in an interview on Friday. When the first Vision Fund was announced, it was by…
Varjo Technologies, the Finnish startup that made a splash earlier this year with news it had developed a virtual reality headset capable of “human-eye resolution,” has raised $31 million in Series B funding. Leading the round is Europe’s Atomico, with participation from Siemens-backed venture capital firm Next47. Existing Series A investors EQT Ventures and Lifeline…
After years of impressive growth, Uber has been showing signs of weakness and had to give up on some markets. Maybe Uber isn’t going to be the market leader in every country. That’s why I’m excited to announce that Taxify and Via Transportation co-founders and CEOs are going to talk about challenging Uber at TechCrunch…
Well, that was quick: A little over two months since we reported that Mosaic Ventures was in the middle of raising a second fund, TechCrunch can reveal that fund two has in fact now closed, as the London-based venture capital firm looks to double down on backing “Europe’s most ambitious entrepreneurs”. We began hearing from…
Banksy shredded a piece of his own artwork on Friday, just seconds after it fetched $1.4 million at a Sotheby’s auction. The secretive street artist later explained his actions in a video posted on YouTube. The post Banksy artwork self-destructs after it auctions for $1.4 million appeared first on Digital Trends. Source link Shiv EswarShiv…
The US is scrapping autonomous tech regulations and opening up driverless car tests across the whole country, in a new policy that redefines the concept of a driver. Chris Middleton explains. The US Department of Transportation (DOT) is sweeping aside regulation of autonomous vehicle testing in favour of a system of voluntary standards. The safety…
Facebook Messenger could soon let you use your voice to dictate and send messages, initiate voice calls and create reminders. Messenger for Android’s code reveals a new M assistant button atop the message thread screen that activates listening for voice commands for those functionalities. Voice control could make Messenger simpler to use hands-free or while…
After a few months of hype, version 9.0 of the software that runs on Teslas is rolling out starting today. There’s a bit of a catch, though: one of the bigger expected features — one that would let Tesla’s autopilot handle passing cars and automatically make highway interchanges — is being delayed for now. So…
When a company’s all-in with the IoT (Internet of Things), it may seem like it has a one-track mind: all IoT, all the time. This week, AT&T has been that company, announcing several different ways it’s moving forward on IoT initiatives, ranging from connected-device cybersecurity to energy and building management solutions, global enterprise Wi-Fi, and…
