As traditional financial institutions continue to mingle with the cryptocurrency world, Visa is the latest to expand its offerings in the space, this time working alongside crypto exchange FTX for a “long-term global partnership.” The agreement between the two companies consists of offering FTX-branded Visa debit cards to FTX customers globally with a focus on…
The proliferation of delivery services give customers many options, but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Many kitchens handle this by juggling several devices at a time, one for each app. Klikit wants to save Southeast Asian food businesses from “tablet hell” by aggregating order information…
Tesla CEO Elon Musk tweeted Thursday that production on its long-delayed all-electric semi truck has started with the first deliveries beginning in December. The automaker introduced an all-electric Class 8 truck prototype, dubbed Tesla Semi, during a splashy November 2017 event held in Hawthorne, California, on the grounds of the company’s design studio and Musk’s…
I sat out Friday’s big Tesla AI event. I was actually looking forward to seeing what the company had cooked up after months of teasing, but a combination of rogue stomach virus and the most inconvenient event timing (Friday at 9:15 PM EDT) outside of something held on the other side of the world meant…
If you’re a budding home chef eager to try your hand at sous vide cooking, Typhur Technology wants to be your new best friend. The San Jose-based culinary innovation company has been quietly working on its first product, the Sous Vide Station, which is poised to debut at CES 2023 and will be made publicly…
South Korea has ordered Do Kwon to surrender his passport, or risk getting it revoked, as the East Asian nation escalates actions against the crypto entrepreneur whose blockchain collapse earlier this year wiped investors’ $40 billion. The South Korean government has given Kwon 14 days to comply with the new order, it said in a…
In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees. Their workforces combined make up 83.1% of all corporation employees in the country, totaling about 17.1 million people, according to OECD data. To help meet SMEs’ financial needs in the country, Seoul-based fintech…
Climate change and geopolitical instability are wreaking havoc on agriculture. To gauge how VCs are responding to these issues, we spoke with 7 investors. For starters, rising greenhouse gas emissions are driving punishing droughts and storms, which are harming crops, exacerbating food insecurity, and threatening countless livelihoods. At the same time, Russia’s invasion of Ukraine…
If you’ve been swimming in the toasty waters of high-end pour-over kettles, you’ve no doubt come across Fellow, and its Stagg EKG kettle. The company uses power-pulsing technology to keep the water temperature at a very precise level, which has attracted a number of award-winning baristas to use their products: It turns out that 204ºF…
French startup Gourmey just raised a Series A funding round led by Earlybird Venture Capital. In total, the company banked $48 million (€48 million). The company has been working on cultivated meat, and more specifically lab-grown foie gras. It is part of a new wave of companies that want to turn cell-cultured meat products into…
