Netflix is acquiring the rights to Roald Dahl’s books

Netflix is acquiring the Roald Dahl Story Company (RDSC) and rights to the author’s entire catalog, including classics like Charlie and The Chocolate Factory, Matilda and James and the Giant Peach, the company announced. Terms of the deal weren’t disclosed (and are subject to regulatory

Sony Group unit seeks to acquire India’s Zee Entertainment, invest an additional $1.57 billion

Sony Pictures Networks India said on Wednesday it has agreed to acquire Zee Entertainment, which, if the deal materializes, will bring together two of the largest broadcasting giants in India that run large cable television networks, streaming services, music labels, and own scores of other digital

Mojo, a men’s sexual health startup that’s pushing therapy not pills, gets $4.4M seed

A number of sexual health startups have spun up in recent years offering men discreet help with the awkward issue of erectile dysfunction. Companies like Numan and Roman. But “help” in this context usually means making it easier to get hold of drugs like Viagra. U.K.-based startup Mojo

Hai Robotics picks up $200M for its warehouse robot

Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously. Its Series C fun

Evolito’s electric motors look set to take off in aerospace where YASA left off in automotive

Back in July, British “axial-flux” electric motor startup YASA was acquired by Mercedes-Benz for an undisclosed amount. YASA's electric motors generated considerable EV industry interest because of their efficiency, high power density, small size and low weight. Indeed, Rolls-Royce, best kn

Fintech startup Tag valued at $100 million in Pakistan’s largest seed round

Tag, a one-year-old startup that offers banking and financial services to users in Pakistan, has raised over $12 million in what is now the largest seed financing round in the South Asian market. Liberty City Ventures, Canaan Partners, Addition, Mantis and Banana Capital and others financed the rou

Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company's valuation to $8.7 billion. This news is notable for a few reasons. For one, it's

Indian buy now, pay later startup ZestMoney raises $50 million from Australia’s Zip

ZestMoney, a Bangalore-based buy now, pay later platform, said on Wednesday it has raised $50 million in a new financing round from Australia's Zip as the Indian firm looks to double down on a trend that has shown early signs of traction in several global markets. The eight-year-old Australian

Indonesian halal-focused social commerce startup Evermos lands $30M Series B

"attachment_2204212" aria-describedby="" style="width: 1024px">Evermos' founding team (l to r): Arip Tirta, Ghufron Mustaqim, Iqbal Muslimin and Ilham Taufiq. Image Credits: Evermos Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by opening online

Foxconn says Thailand EV factory will begin producing 50,000 units by 2023

Taiwan-based smartphone manufacturing giant Foxconn and national Thailand oil supplier PTT PLC are moving forward with an agreement to start an electric vehicle manufacturing facility in Thailand. The facility is expected to begin rolling out vehicles by 2023. Foxconn had previously reported plans

Project44 acquires Convey for $255M to provide end-to-end supply chain visibility

Real-time supply chain visibility company project44 has acquired last-mile tech platform Convey for $255 million. Together, the two companies will combine forces to provide end-to-end supply chain visibility, from the raw materials to the front door. The acquisition will bolster project44’s &

Daily Crunch: New PayPal ‘super app’ offers consumers a suite of personal finance features

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 from day one of Disrupt. I just hopped out of watching Battlefield companies pitch — more on them below! — to write this for you. Disrupt is loo

Straffr is a smart resistance band that helps you exercise on the go

Smart fitness gear is often limited by being static and non-portable. (And, well, eye-wateringly expensive.) Think Peloton‘s stationary bike for spin classes or wall-mounted strength training rig Tonal. Great if you’re at home and can afford to shell out thousands on a fancy home gym, b

Apple Wallet is getting verifiable COVID-19 vaccination cards

There’s a real chance you’ll need proof of a COVID-19 vaccination to enter certain venues, and Apple is hoping it can save you the hassle of digging up an email or carrying a physical card in your pocket. The company is bringing verifiable COVID-19 vaccination cards to Wallet as part of