Microsoft confirms investment in India’s Oyo in a multiyear strategic deal to co-develop travel and hospitality products

Microsoft has entered a “multi-year strategic alliance” with Oyo to work with the Indian startup to co-develop “next-generation” travel and hospitality products and tech. Thursday's announcement confirms a late July technewss report. technewss had reported that Microsoft was i

Two UK tech figures plan to row the Atlantic for charity supporting minority entrepreneurs

Two U.K. tech figures are to row across the Atlantic Ocean to raise money for a charity that funds social entrepreneurs from minority backgrounds. Guy Rigby, founder and now chair of the Entrepreneurial Services Group at Smith & Williamson, and entrepreneur, investor David Murray will raise mon

China’s WeRide unveils Robovan, its first electric, autonomous cargo van

Chinese autonomous driving company WeRide has unveiled its first cargo van, the vessel upon which it will self-drive into the world of urban logistics. WeRide will work with Chinese automobile manufacturer Jiangling Motors (JMC) and Chinese express delivery company ZTO Express to commercialize its

Printify bags $45M, led by Index, to ride the custom printing boom

The creator economy loves merch, which is great news for on-demand custom printing startups such as Latvia-based Printify — today it’s announcing a $45 mlion Series A round, led by Index Ventures, off the back of rising demand for its services. The mission: To keep growing its global ma

The newest Roomba gets smarter as it vacuums

The Roomba is easily among the most ubiquitous robots in the world — but it has never been one of the smartest. On the whole, that's not a major issue. The top-selling vacuum is good at what it does: cleaning floors. But a roboticist's work is never done; iRobot has turned the vast ma

Sequoia’s Pat Grady says it isn’t clear startups ‘should be accelerating’ right now — here’s why

Earlier today, we joined friend and former colleague Jon Fortt of CNBC in interviewing partner Pat Grady of Sequoia Capital, and it proved a wide-ranging conversation. You can check out the video below, but we thought there were some highlights worth pulling out for some of you, including as it per

Rocket Lab’s order backlog tops $141M as the company inks five-launch deal with Kinéis

It was a busy first half of the year for U.S.-New Zealand company Rocket Lab, which posted earnings for the first six months of 2021 on Wednesday — the first such reporting since the company went public last month. Rocket Lab reported revenues of $29.5 million for the six-month period. Its or

The 4 things needed to reach Biden’s ambitious 2050 solar goal

A report on the future of solar energy from the Department of Energy paints a sunny picture, if you will, of the next three decades, at the end of which nearly half the country’s energy will be provided by the sun. But for that to happen, big pushes need to happen along four major lines: bett

Daily Crunch: Google rolls out new Workspace features for all users

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. Hi friends! Welcome to the Daily Crunch for Wednesday, September 8, 2021. Alex is still out, so I’ll be steering this ship for a few more da

Tape It launches an AI-powered music recording app for iPhone

Earlier this year, Apple officially discontinued Music Memos, an iPhone app that allowed musicians to quickly record audio and develop new song ideas. Now, a new startup called Tape It is stepping in to fill the void with an app that improves audio recordings by offering a variety of features, incl

AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures

“Conversational AI” startup PolyAI, based out of London, has raised $14 million in a funding round led by Silicon Valley’s Khosla Ventures, with participation from existing investors (Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital and Entrepreneur First). This

Reid Hoffman’s latest book gives us 10 ways to rethink entrepreneurship

When you're in the mood for a pep talk, who better to turn to than a well-networked, optimistic mentor who is naturally in your corner? That friendly shoulder is the role that “Masters of Scale” wants to play. Inspired by LinkedIn co-founder and Greylock partner Reid Hoffman's h

Fintech is transforming the world’s oldest asset class: Farmland

Farmland as an asset class has proven itself to be a stable investment decade after decade. Farmland's negative correlation with the Dow Jones Industrial Average sits at an eye-popping -43% for a three-year hold period, making it an excellent hedge against market volatility. The asset has also

Debt versus equity: When do non-traditional funding strategies make sense?

The U.S. produces more new startups and unicorns each year than any other country in the world, but 90% of startups fail, with cash flow often being a major challenge. Entrepreneurs trying to raise funding for their new businesses are faced with a maze of options, with most taking the common route