Twilio to become minority owner in Syniverse Technologies with $750M investment

Syniverse Technologies, a company that helps mobile providers move communications across public and private networks, announced an extensive partnership with Twilio this morning. Under the agreement, Twilio is investing up to $750 million to become a minority owner in the company. The idea behind t

Hackers release a new jailbreak tool for almost every iPhone

An iPhone hacking team has released a new jailbreak tool for almost every iPhone, including the most recent models, by using the same vulnerability that Apple last month said was under active attack by hackers. The Unc0ver team released its latest jailbreak this weekend, and says it works on iOS 11

The Station: Lucid Motors, Joby Aviation take the SPAC path and Sergey Brin’s airship ambitions

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.  Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages

Australia-based Employment Hero raises $45M AUD for its global expansion

"attachment_2118854" aria-describedby="" style="width: 1024px">Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero. Image Credits: Employment Hero Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Ben

Clue gets FDA clearance to launch a digital contraceptive

Clue, an early pioneer in the femtech category with a well-regarded period-tracking app that’s used by around 13 million people, is getting ready to launch a digital contraceptive which will offer users a statistical prediction of ovulation as a birth control tool. A US launch of Clue Birth C

Satellite constellation operator Spire Global to go public via $1.6 billion SPAC

Monday brings with it not one, but two space SPACS — there’s Rocket Lab, and there’s Spire Global, a satellite operator that bills itself primarily as a SaaS company focused on delivering data and analytics made possible by its 100-plus spacecraft constellation. SPACs have essenti

Rocket Lab debuts plans for a new, larger, reusable rocket for launching satellite constellations

Because news of its SPAC-fueled public market debut wasn’t enough, Rocket Lab also unveiled a new class of rocket it has in development on Monday. The launch vehicle, called Neutron, will be able to carry eight metric tons (around 18,000 lbs.) to orbit, far exceeding the cargo capacity of Roc

Rocket Lab to go public via SPAC at valuation of $4.1 billion

The SPAC run is on for space startups, which have been relatively slow in their overall exit pace before the current special purpose acquisitions company merger craze got underway. Rocket Lab is the latest, and likely the most notable to jump on the trend, with a deal that will see it combine with

Klarna confirms new $31B valuation

Klarna, the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. That sees the company retain the crown as the highest-valued private fintech in Europe. Backers of this round are said to be a combination of new and exis

Axonius nabs $100M at a $1.2B valuation for its asset management cybersecurity platform

"speakable-summary" dir="ltr">Remote work has become the norm for many businesses in the last year, and today a startup that has but a cybersecurity platform to help manage all the devices connecting to organizations’ wide-ranging networks — whe also providing a way for those organizatio

Paytm claims top spot in India’s mobile payments market with 1.2B monthly transactions

Paytm, India's most valuable startup, said on Monday it processed 1.2 billion transactions in the month of February, illustrating the level of penetration it has made in one of the world's fastest-growing payments markets where it competes with Google, Facebook, Amazon and Flipkart-backed P

Istanbul’s Dream Games snaps up $50M and launches its first game, the puzzle-based Royal Match

On the back of Zynga acquiring Turkey’s Peak Games for $1.8 billion last year and then following it up with another gaming acquisition in the country, Turkey has been making a name for itself as a hub for mobile gaming startups, and specifically those building casual puzzle games, the wildly

Lime unveils new e-bike as part of $50 million investment to add 25 cities

Lime said Monday it has allocated $50 million toward its bike-share operation, an investment that has been used to develop a new e-bike and will fund its expansion this year to another 25 cities in North America, Europe, Australia and New Zealand.  If the company hits its goal, Lime’s bike-s

Qualcomm veteran to replace Alain Crozier as Microsoft Greater China boss

Microsoft is getting a new leader for its Greater China business. Yang Hou, a former senior vice president at Qualcomm, will take over for Alain Crozier as the chairman and chief executive officer for Microsoft Greater China Region, says a company announcement released Monday. After eight years at