Eight Roads launches its fourth fund: $450M aimed at European/Israeli scaleups

European VC Eight Roads is launching its fourth fund of $450 million for European and Israeli tech companies, aiming for another 15-20 across a broad range of consumer, software as a service, fintech and health tech areas. Cheque sizes will range from around $5 million to $50 million per company, a

FoundersHK, created to strengthen Hong Kong's startup ecosystem, holds its first demo day

FoundersHK was created to strengthen Hong Kong's startup community, which has weathered more than two years of political turmoil, along with the COVID-19 pandemic. Today the nonprofit, which started as an events and mentoring network, held the first demo day of FoundersHK Accelerate, its equity

Kobo refreshes e-reader line with Sage and Libra 2, adding Bluetooth and stylus support

A pair of new e-readers from Kobo iterate on the company’s high-end options, adding Bluetooth audiobook and stylus support to the now familiar asymmetrical design of its larger devices. The Sage and Libra 2 also gain a new charging cover so you only have to plug the device in every few months

Facebook, WhatsApp and Instagram are slowly returning. Why did they disappear to begin with?

Facebook’s day-long outage is by far its longest and most extreme in years. At around 9 a.m. PDT on the U.S. West Coast — where the social giant is headquartered — Facebook, WhatsApp, Instagram and Facebook Messenger seemed to vanish from the internet. The outage continued through

Daily Crunch: DNS outage takes down Facebook's social networks around the globe

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 4, 2021. A lot is going on today in the world of major tech companies — as you may have noticed — but don't

Max Q: Blue Origin puts safety in the backseat, workers claim

Hello, readers: Welcome back to Max Q. First, an introduction: I’m Aria Alamalhodaei, the resident space and transportation reporter here at technewss. I’ll be taking over the Max Q newsletter from Darrell Etherington for the next few months. Tips, opinions, criticism, thoughts? Email

YouTube making ads on connected TVs more shoppable

YouTube announced on Monday that it's expanding video action campaigns (one of Google’s interactive ad types for video) to connected televisions (CTV) to make YouTube ads more shoppable. The company says this new move will help advertisers drive more online sales and grow their businesses

NASA’s ‘Armageddon’-style asteroid deflection mission takes off in November

NASA has a launch date for that most Hollywood of missions, the Double Asteroid Redirection Test, which is basically a dry run of the movie “Armageddon.” Unlike the film, this will not involve nukes, oil rigs or Aerosmith, but instead is a practical test of our ability to change the tra

NHTSA rejects petition for formal investigation into Tesla’s battery management software

The National Highway Traffic and Safety Administration rejected a 2019 petition requesting the agency open a formal investigation into Tesla’s battery management software over allegations that an over-the-air update was defective and caused fires in five vehicles. The agency decided not to op

No-code mobile website builder Universe launches new themes, block features and more

Mobile website building platform Universe has launched a new update that brings advanced creative controls, enhanced themes, block features and more to its grid-based web builder. Universe allows users to create a custom site or open an e-commerce store directly from a mobile phone through a simpli

Facebook stock falls as global outage continues

Facebook’s stock took a dive Monday as the site suffered one of its worst outages of the past decade with services across its entire suite of products going offline while the tech company struggled to even bring its own internal services back online. The stock ended the day down nearly 5%, wi

GraphWear closes $20.5M Series B for a needle-free, nanotech-powered glucose monitor

GraphWear, a company pursuing needle-free approaches to glucose monitoring, has closed a $20.5 million Series B round. This Series B round is a vote of confidence by investors in GraphWear's approach: to monitor key metrics in the body, like glucose, without breaking the skin at all.  GraphWea

Investors share how infrastructure as code is taking over DevOps

Infrastructure as code (IaC) has been gaining wider adoption among DevOps teams in recent years, but the complexities of data center configuration and management continue to create problems — and opportunities. We surveyed top investors in IaC startups to find out more. Overall, t

Neurodiversity and the software design dilemma

Homo sapiens is truly a diverse species. We appear distinct from each other based on our origins in various regions of the planet; we communicate using thousands of languages; we have different thought patterns based on our experiences, heritage and cultures. Our brains are all unique; we analyze i