Locus, an Indian startup that uses AI to help businesses map out their logistics, has raised $22 million in Series B funding to expand its operations in international markets. The financing round for the four-year-old startup was led by Falcon Edge Capital and Tiger Global Management . Existing investors Exfinity Venture Partners and Blume Ventures…
The true mark of a quality tool is its adaptability over time. If Microsoft Excel’s only value lived in its spreadsheet capabilities, it may well have been surpassed by later, greater innovations. Yet even today, Excel’s proficiency in organizing and defining datasets has kept the Office staple a mainstay in maturing fields like data analysis…
The schlocky 1998 Bruce Willis movie Armageddon was the highest grossing film of that year. The blockbuster saw a master oil driller (Willis) and an unlikely crew of misfits place a nuclear bomb inside a giant asteroid heading for Earth, blow it up – and save humanity. Armageddon isn’t exactly a documentary: it’s packed full…
Women and seniors are joining the cannabis movement, and that’s presenting new investing opportunities, according to a panel of cannabis investors who we interviewed several days ago at an event organized by the cross-border venture firm DCM. Specifically, they say, expect to see an uptick in products of all types that make it easier to…
Indian video streaming giant Hotstar, owned by Disney, today set a new global benchmark for the number of people an OTT service can draw to a live event. Some 18.6 million users simultaneously tuned into Hotstar’s website and app to watch the deciding game of the 12th edition of the Indian Premier League (IPL) cricket…
Two years ago today, a powerful ransomware began spreading across the world. WannaCry spread like wildfire, encrypting hundreds of thousands of computers in over 150 countries in a matter of hours. It was the first time that ransomware, a malware that encrypts a user’s files and demands cryptocurrency in ransom to unlock them, had spread…
The human race has broken another record on its race to ecological collapse. Congratulations humanity! For the first time in human history — not recorded history, but since humans have existed on Earth — carbon dioxide in the atmosphere has topped 415 parts per million, reaching 415.26 parts per million, according to sensors at the…
Captain Kirk and neo-Dadaists. Repugnant markets and legendary cryptographers. “Digital couture” auctioned by CryptoKitties developers. Distributed autonomous art organizations. A keynote speech looking back from 2047 at the near-apocalypse of 2026, from which we were saved by a new, fully tokenized economy. Yes, that’s right: NYC Blockchain Week has begun. Where to begin? I suppose…
Another day, another episode of Equity. This time it was an emergency episode, because Uber (finally) went public and a lot of financial folks were quite looking forward to how it would perform on opening day. Turns out it didn’t do so well. Kate and Alex had a lot of questions about why? Was it…
Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! Books are great. Sorry, but that’s indisputable. There’s little as brilliant and magical as losing yourself in a novel. So, when the new, waterproof Kindle paperwhite has $40 off (that’s a 31 percent discount, making it the cheapest it…
