While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution, competition appears to be alive and well in another (smaller) area of gaming: modding and analytics. Wargraphs, a one-man-band startup behind a popular companion app for League of Legends called Porofessor, which helps players…
Bejul Somaia, the founding partner of Lightspeed India, staunchly defended the allure of South Asia’s investment landscape, even in the wake of unsettling movements such as Sequoia’s decision to segregate its Indian venture. “The startup and venture model is predicated on learning and adapting fast, navigating to high upside and understanding that the few companies…
BrightDrop, the electric delivery van subsidiary of General Motors, has made its first delivery outside of the U.S. The company delivered 50 BrightDrop Zevo 600 electric vans to FedEx Express Canada on Wednesday, part of a larger order of 2,500 Zevo EVs. The introduction of BrightDrop’s vans is in line with FedEx’s goal to shift…
Canva has been around since 2013, and has been a tremendously successful design platform, raising over $570 million and garnering 135 million users along the way. With that kind of traction, it makes a ton of sense to let developers tap into that user base and take advantage of the work that the company has…
More than 300 subreddits, including popular ones like r/aww, r/music r/videos, and r/futurology, plan to go dark indefinitely after a large protest against Reddit’s API changes ends on June 14. This means users won’t be able to access these communities during this blackout. This step was announced after The Verge reported that in an internal…
Toyota plans to introduce a high-performance lithium-ion battery to its next-generation electric vehicles by 2026, part of the automaker’s new technology roadmap revealed Tuesday. The batteries will deliver quicker charging and around 620 miles (1,000 kilometers) of range, which would put Toyota’s vehicles ahead of the competition. Toyota has historically trailed behind other major automakers…
The Open Infrastructure Foundation, the open-source foundation that hosts projects like the OpenStack cloud computing platform and Starling X edge computing stack, today announced that it is launching two regional hubs — OpenInfra Asia based in Singapore and OpenInfra Europe based in Belgium — to better promote and protect open source in those regions. The…
Fan fiction writers know that their work is being used to train generative AIs, and they’re not happy about it. Now, “Omegaverse” writers are participating in a week-long writing marathon called Knot in my Name to encourage the fan community to publish as much of their fan fiction as possible. It’s a long-shot attempt to…
When Hillary Bush decided to leave the comforts of a full-time job at MasterClass to be self-employed, she said she “was met with scams, snake oil and SEO.” Not a pleasant thought given that 60 million Americans called themselves freelancers in 2022 and that two-thirds of Gen Z and Millennials want to work for themselves,…
Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners also participated in…
