Lyft is turning its app into a one-stop multimodal transportation app in a few U.S. cities, the latest illustration of its transformation from ridesharing startup to a company that wants to own, or at least be a part of, every way people move from Point A to Point B, whether it’s cars, bikes, scooters or…
Prisma Labs, the startup behind the style transfer craze of a couple of years ago, has a new AI-powered iOS app for retouching selfies. An Android version of the app — which is called Lensa — is slated as coming in January. It bills Lensa as a “one-button Photoshop”, offering a curated suite of photo-editing features intended…
Finalcad, a mobile platform that enables the construction industry to digitize much of its processes, has closed $40 million in Series C funding. The round was led by publicly listed London venture capital firm Draper Esprit, and Cathay Innovation, with the support of Salesforce Ventures. Existing existing French investors Serena, Aster and CapHorn Invest also…
Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the regulatory tunnel with a license in hand. As expected, Revolut applied for a license through the Bank of Lithuania and is leveraging…
This is the Echo I’ve been waiting for. Throughout my house, I have Amazon Echo Dots connected to stereo systems. In my office, I have a Dot connected to an Onkyo receiver and amp. In my basement, I have one hooked up to a small bookshelf system. Outside on the deck, a Dot serves audio…
Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the largest tech listings of the year, but the pricing is at the bottom end of its $13-$15 range indicating…
The Canadian government has granted bail to Meng Wanzhou, Huawei’s chief financial officer, 10 days after her arrest in Vancouver. The decision concludes a three-day court hearing in which the judge and the public prosecutor debated whether Wanzhou would breach her bail conditions. Wanzhou, the daughter of Huawei founder Ren Zhengfei, has been accused of fraud with a…
Members of the House Judiciary committee have today closely questioned Google’s CEO about the company’s intentions in China, following reports this summer it’s planning a controversial return to the market despite local censorship of Internet services. Mountain View pulled its search engine out of China back in 2010, under pressure over censored search results. It also cited cyber…
In the latest instalment of VC revolving doors, Carolina Brochado, a Partner at European venture capital firm Atomico, is joining Softbank’s Vision Fund. According to sources, Brochado informed Atomico portfolio companies earlier this week that she was joining Softbank where she’ll be based at the mega-fund‘s London office. Noteworthy, Brochado came to prominence in the…
Apple has filed an appeal to overturn a court decision that could ban iPhone sales in China, the company said on Monday, adding that all of its models remain available in its third-largest market. The American giant is locked in a legal battle in the world’s biggest smartphone market. On Monday, Qualcomm announced that a…
