Investor Alexa von Tobel on the biggest driver of social media-fueled stock trading

Alexa von Tobel has always felt strongly that too many people are shut out of the stock market. She felt this as a 23-year-old who didn’t have $5,000 to open a brokerage account. She felt it while building LearnVest, a financial planning startup she launched in 2009 and sold in 2015 to Northw

Nigeria’s IROKO plans to go public on the London Stock Exchange AIM in 2022

IROKO, a Nigerian-based media company, could file to go public in the next 12 months on the London Stock Exchange (LSE) Alternative Investment Market. Founded by Jason Njoku and Bastian Gotter in 2011, IROKO boasts the largest online catalog of Nollywood film content globally. Accor

Twitter suspends over 500 accounts in India after government warning

Twitter said on Wednesday it has taken action on more than 500 accounts and reduced visibility of some hashtags in India to comply with “several” orders from the Indian government after New Delhi threatened legal action against executives with the American social network. Twitter had su

Dating juggernaut Match buys Seoul-based Hyperconnect for $1.73B, its biggest acquisition ever

In a large win for the Korean startup ecosystem, dating powerhouse Match Group announced this afternoon that it would buy social networking company Hyperconnect for a combined cash and stock deal valued at $1.73 billion. Hyperconnect, which is projected to have $200 million in revenue in 2020 (up 5

Big data VC OpenOcean hits $111.5M for third fund, appoints Ekaterina Almasque to GP

OpenOcean, a European VC which has tended to specialise in big data-oriented startups and deep tech, has reach the €92 million ($111.5 million) mark for its third main venture fund, and is aiming for a final close of €130 million by mid-way this year. LPs in the new fund include the European In

NASA picks SpaceX Falcon Heavy for $332M mission to launch lunar Gateway components in 2024

NASA has announced that SpaceX will take two major parts of the Gateway lunar orbiter that will function as a pit stop for future moon missions. The Power and Propulsion Element and Habitation and Logistics Outpost — which together will form the first usable lunar space station — will go up in

Sharify makes it super simple to rediscover your city’s social side

The pandemic has upended many aspects of urban life but perhaps the most visible upheaval is to citydwellers’ social lives, with curfews calling time on traditional night life across much of the Western world and social distancing putting a chilly spin on opportunities for getting together wi

Hyundai shrinks its ‘walking car’ robot to carry cargo, get rides from drones

Hyundai Motor Group is back with a new “walking car” robot that can use its wheels to roll along a path or stand up and navigate tougher terrain on its legs. This time, the concept is designed to carry cargo and is small enough to be carried by a drone. The TIGER robot — short for tra

Researchers look to 'worm blobs' to improve robotic movement

What, you are no doubt asking, is a worm a blob? Well, it's a blob of worms, obviously. More specifically, it's a blob of California blackworms. It's not a flock, nor a swarm nor a school. It's a big, undulating mass of a Lumbriculus variegatus tangled up, but somehow moving as one.

Daily Crunch: Reddit raises $250M

Reddit raises more funding, Shopify expands payments to Facebook and a study suggests that the Apple Watch might be able to predict COVID diagnoses. This is your Daily Crunch for February 9, 2021. The big story: Reddit raises $250M This latest funding announcement comes after Reddit

Is overseeing cloud operations the new career path to CEO?

When Amazon announced last week that founder and CEO Jeff Bezos planned to step back from overseeing operations and shift into an executive chairman role, it also revealed that AWS CEO Andy Jassy, head of the company’s profitable cloud division, would replace him. As Bessemer partner Byron D

Mate Fertility is aiming to create a franchise of fertility clinics open to everyone

Mate Fertility, the new Los Angeles startup launching today with $2.8 million in financing, has a mission to create a more inclusive network of family planning services for people struggling with the high cost and low availability of fertility clinics around the country. Founded by serial entrepren

Sentropy launches tool for people to protect themselves from social media abuse, starting with Twitter

"ltr"> Last year, in the midst of a particularly spiky U.S. presidential election campaign, a startup called Sentropy emerged from stealth with an AI-based platform aimed at social media and other companies that corralled people together for online conversation. Sentropy had but a set of algorithms,

Audi’s new 2022 e-tron GT is a real electric performance sedan, not just another electrified crossover

Audi revealed Tuesday the 2022 e-tron Quattro GT and its higher-performing sibling the RS e-tron GT — flagships of the German automaker’s growing electric vehicle portfolio and its first departure from the crossovers and SUVs that have so far dominated the lineup. The Audi e-tron GT and RS