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Ingrid Lunden / TechCrunch:
Facebook removes Instant Articles feature from Messenger, says it's now focusing its resources on Instant Articles on its core app   —  While Facebook prepares to offer readers a way to subscribe and pay for news directly from inside its app, the social network continues to tinker with how it presents publishers' content elsewhere.
Sep 12, 2017, 8:15 AMIn context
Ingrid Lunden / TechCrunch:
Volvo acquires assets of car valet startup Luxe, which had raised $75M+ in funding   —  After a pivot and months of speculation about the future of car valet and concierge startup Luxe, the company has finally found a home.  Today, automaker Volvo Cars announced that it is acquiring the startup's platform …
Sep 8, 2017, 3:15 PMIn context
Ingrid Lunden / TechCrunch:
Israel-based autonomous drone startup Airobotics raises $32.5M Series C from Microsoft Ventures and others to expand into defense and homeland security, more   —  Airobotics, a startup building autonomous drones for the enterprise sector that do not require humans to get involved in any aspect …
Sep 7, 2017, 8:00 PMIn context
Ingrid Lunden / TechCrunch:
Amazon's Souq acquires same- and next-day delivery platform Wing.ae, which serves Saudi Arabia, UAE and Egypt, for an undisclosed sum   —  Earlier this year, Amazon jump-started its business in the Middle East by paying $580 million to acquire Souq.com, an Amazon-style marketplace based out of Dubai.
Sep 6, 2017, 4:55 PMIn context
Ingrid Lunden / TechCrunch:
Carpooling service Via raises new round, source says of $250M, led by Daimler, for European expansion; Mercedes Benz investing $50M in a joint venture with Via   —  As outsized ridesharing companies like Uber and Lyft continue to build out their taxi-style marketplaces largely based around …
Sep 4, 2017, 9:00 AMIn context
Ingrid Lunden / TechCrunch:
Crowdsourced same-day delivery platform Deliv expands to 33 markets and 1,400 cities, says it has 4,000 retail partners including Best Buy, UPS, and Macy's   —  As Amazon continues to expand its retail muscle beyond its own e-commerce portal, there's been some activity among startups …
Aug 31, 2017, 3:20 PMIn context
Ingrid Lunden / TechCrunch:
Cubic Telecom raises $46.5M Series C, sources say at $215M valuation, from Audi, Qualcomm, and others to build out its global connectivity service for cars   —  As automakers ramp up their connected car initiatives, a company that has built a solution to link vehicles up to mobile networks globally …
Aug 26, 2017, 7:10 AMIn context
Ingrid Lunden / TechCrunch:
Baidu sells its Xiaodu food delivery business to Rajax's Ele.me; estimate puts value of the deal at ~$800M   —  The online food ordering-and-delivery market, once very hot, appears to be cooling down a little in China.  Today Baidu, the country's search giant, announced an exit from the business …
Aug 24, 2017, 11:35 AMIn context
Ingrid Lunden / TechCrunch:
Forward Networks raises $16M Series B led by DFJ to help prevent enterprise and service provider network outages   —  As IP networks continue to grow and become ever more complex, and people become ever more dependent on them staying up all the time, a startup that is building software tools …
Aug 23, 2017, 6:45 PMIn context
Ingrid Lunden / TechCrunch:
Cloud data management and protection firm Druva raises $80M led by Riverwood Capital, bringing its total raised close to $200M   —  An ongoing trend among businesses to put more of their data into the cloud — bringing ever more smartphones, tablets, laptops and other devices on to their networks …
Aug 22, 2017, 10:55 AMIn context

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