Prosus is actively engaging with multiple players to explore sale of classified business Olx’s Autos unit in several markets including India and Indonesia, according to a source familiar with the matter. In a statement, the technology investor said pursuit of a global growth strategy for Olx’s automotive business “is no longer the right approach for…
In a way, fruit flies are just like us. They have eyes, legs, nervous systems, and they love fruit. Unlike us, however, they only have a few thousand neurons in their brains, which means scientists can map not just all the cells but all the connections between them — producing for the first time a…
In a way, fruit flies are just like us. They have eyes, legs, nervous systems, and they love fruit. Unlike us, however, they only have a few thousand neurons in their brains, which means scientists can map not just all the cells but all the connections between them — producing for the first time a…
Loft Labs helps developers — and the businesses that employ them — more efficiently use their Kubernetes clusters by virtualizing Kubernetes itself. This makes it easier to share a single Kubernetes cluster with multiple developers working on different projects instead of spinning up a new cluster for every use case, which is what often happens.…
Brussels-based startup Cowboy has been in the news lately for its cash burn rate. But the company wants to control its narrative again with some product and business news. Cowboy is launching a new feature called ‘AdaptivePower’, which automatically adjusts the power of the motor depending on the current slope and weather conditions. Cowboy’s electric…
Faraday Future said Wednesday it plans to start production of its all-electric FF 91 Futurist SUV at the end of March after years of delay, lack of capital and internal drama that threatened the company’s existence. Faraday Future had previously indicated that production would start in March, but had yet to select a date. There…
Among the wave of Spotify announcements coming out of today’s Spotify Stream On event, the company also shared some exciting news with podcast listeners– in particular, Batman fans. Spotify is launching a new podcast series “The Riddler: Secrets in the Dark,” starring comedian-actor Hasan Minhaj as The Riddler. As part of Spotify’s exclusive multiyear partnership…
By default, every quantum computer is going to be a hybrid that combines quantum and classical compute. Microsoft estimates that a quantum computer that will be able to help solve some of the world’s most pressing questions will require at least a million stable qubits. It’ll take massive classical compute power — which is really…
La Famiglia, a Berlin-based VC fund (no, not the Mafia organization, in case there is any confusion) has raised €250 million for its combined third seed fund (which is €165 million) and its first growth co-investment fund (€90 million). The fund has a vertical focus on ML and AI, data, logistics, and supply chains, consumerization…
Slice has acquired a 5% stake in the Indian bank North East Small Finance in what analysts say is a key step in the unicorn fintech startup’s journey amid mounting challenges from the central bank that has toppled many young firms. The Bengaluru-headquartered startup invested $3.42 million for the 5% stake in the Guwahati-headquartered small…
