Megvii Technology, the Beijing-based artificial intelligence startup known in particular for its facial recognition brand Face++, has filed for a public listing on the Hong Kong stock exchange. Its prospectus did not disclose share pricing or when the IPO will take place, but Reuters reports that the company plans to raise between $500 million and…
BharatPe, a New Delhi-based firm that is enabling hundreds of thousands of merchants to start accepting digital payments for the first time each month and also giving them access to working capital, has raised $50 million as it looks to scale its business in the nation. The Series B round for the one-year old startup was…
FreshToHome, a Bangalore-based e-commerce startup that sells fresh vegetable, fish, chicken, and other kinds of meat, has raised $20 million in a new financing round as it looks to expand its footprint in the nation. The Series B round for the startup was led by Iron Pillar, with Joe Hirao, the founder of Japan’s ZIGExn…
A man from the small town of Westwood in California has pleaded guilty to running an unlicensed Bitcoin BTC exchange and ATM, and laundering money. Kunal Kalra, 25 has been found guilty of owning and operating unlicensed money transmitting business which he used to exchange up to $25 million in cash and virtual currencies. Court…
Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. The days when your phone had a single camera on it are gone. Nowadays, it’s common to have several of them on the rear of a device, or, if you’re…
Anyone who has travelled across multiple time zones and suffered jet lag will understand just how powerful our biological clocks are. In fact, every cell in the human body has its own molecular clock, which is capable of generating a daily rise and fall in the number of many proteins the body produces over a…
Hey. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on TechCrunch this week to surface my favorites for your reading pleasure. Last week, I talked about Snap’s bizarre decision to keep pursuing hardware without really…
Cryptocurrencies are a religion as much as they are a technology. They almost have to be, given their adherents’ gargantuan ambition of fundamentally changing how the world works. This means they attract charlatans, lunatics, frauds, and false prophets, and furious battles are waged over doctrinal hairspliitting; but it also means they inspire intransigent beliefs which…
Kyle Dent is a Research Area Manager for PARC, a Xerox Company, focused on the interplay between people and technology. He also leads the ethics review committee at PARC. Artificial intelligence is now being used to make decisions about lives, livelihoods, and interactions in the real world in ways that pose real risks to people. We were…
“The Red Sea Diving Resort,” a new film on Netflix, is based on the true story of Mossad agents who took over an abandoned holiday resort in Sudan to smuggle Jewish Ethiopian refugees out of the country. As we explain in the latest episode of the Original Content podcast, the film feels like it’s made…
