Ola Electric in talks to raise at over $2.75 billion valuation
Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round as the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market, according to two sources familiar with the matter.
Falcon Edge Capital is in advanced tal
North Base Media leads $2.7M pre-Series A funding in digital media startup Vietcetera
Ho Chi Minh City-based Vietcetera, a digital medial network originally created for millennials and Gen Z, will broaden its target demographic after getting $2.7 million in pre-Series A funding. The capital was raised over two rounds this year, led by media-focused venture firm North Base Media.
Oth
Clubhouse is adding spatial audio effects to make users feel like they’re really in the room
It's been a busy summer for Clubhouse. The hit social audio app rolled out new messaging features and an Android app over the last few months and now the company is turning its attention to enhancing its core audio experience. Clubhouse announced Sunday that its rooms will now be infused with s
China roundup: Beijing takes aim at algorithms, Xiaomi automates electric cars
"">Hello and welcome back to technewss's China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.
The biggest news of the week again comes from Beijing’s ongoing effort to dampen the influence of the country’
Move fast and break Facebook: A bull case for antitrust enforcement
This is the second post in a series on the Facebook monopoly. The first post explored how the U.S. Federal Trade Commission should define the Facebook monopoly. I am inspired by Cloudflare's recent post explaining the impact of Amazon's monopoly in its industry.
Perhaps it was a competiti
Diversifying startups and VC power corridors
Startups have a seemingly intractable problem: a lack of diversity. Despite research showing that diverse founding teams have a higher rate of return than white founding teams, one characteristic of startups remains relatively unchanged: the dearth of BIPOC and women founders, investors, board memb
Gillmor Gang: Half a Loaf
When Salesforce announced its streaming platform Salesforce+, the CRM Playaz’ Paul Greenberg and Brent Leary interviewed Colin Fleming, SVP of Global Brand Experiences at the CRM company (disclosure: I work at Salesforce). Later, I asked Brent about his show on this episode of the Gang.
Bren
CryptoPunks blasts past $1 billion in lifetime sales as NFT speculation surges
Hello friends, and welcome back to Week in Review! Last week we dove into Bezos’s Blue Origin suing NASA. This week, I’m writing about the unlikely and triumphant resurgence of the NFT market.
If you're reading this on the technewss site, you can get this in your inbox from the new
Want to be a more holistic healthcare company? Add some Ginger
When Headspace merged with on-demand mental healthcare platform Ginger, I was surprised. After all, Ginger raised $100 million in Series E funding just a few months ago — and last time I spoke to CEO Russell Glass, he stressed the importance of integrating into employer-paid health plans. To me,
How Amazon EC2 grew from a notion into a foundational element of cloud computing
Fifteen years ago this week on August 25, 2006, AWS turned on the very first beta instance of EC2, its cloud-based virtual computers. Today cloud computing, and more specifically infrastructure as a service, is a staple of how businesses use computing, but at that moment it wasn’t a well know
On the future of walls, or The Wall
Space may be the endless frontier, but here on Earth, we define space in the modern sense as something enclosed. Walls, fences and barriers enclose space, define it and make it legible. In fact, the sense of limits is so strong these days with place that we often have to add qualifiers like “open
Air conditioning is one of the greatest inventions of the 20th Century. It's also killing the 21st
When did indoor air become cold and clean?
Air conditioning is one of those inventions that have become so ubiquitous that many in the developed world don't even realize that less than a century ago, it didn't exist. Indeed, it wasn't so long ago that the air inside our buildings and th
How national security is being redefined by climate change
One of the most unfortunate fault lines in climate change politics today is the lack of cooperation between environmentalists and the national security community. Left-wing climate activists don't exactly hang out with more right-leaning military strategists, the former often seeing the latter
Is the best way to solve climate change to ‘do nothing?’
When it comes to climate change, it might seem that a book entitled “How to Do Nothing” would not only be irrelevant, but also downright obscene and even dangerous. Not to mention that after more than a year of pandemic living, many people are understandably fatigued at the prospect of continui