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Ingrid Lunden / TechCrunch:
London-based Threads, a startup that sells luxury fashion on messaging services like WeChat, WhatsApp, Snapchat, and iMessage, raises $20M led by C Ventures   —  When you think of e-commerce marketplaces, chances are that the first things that come to mind are storefronts built on websites and apps.
Aug 17, 2018, 8:55 AMIn context
Ingrid Lunden / TechCrunch:
Intel buys deep-learning startup Vertex.AI to join its Movidius unit; Vertex says Intel will continue to develop its PlaidML engine as an open source project   —  Intel wants to bring more artificial intelligence technology into all aspects of its business, and today it is stepping up its game a little in the area with an acquisition.
Aug 16, 2018, 10:00 PMIn context
Ingrid Lunden / TechCrunch:
Israeli startup Carbyne, which has developed a new platform for 911 call-handlers to improve response times, raises $15M Series B led by Elsted Capital Partners   —  911 and other emergency numbers have been a key route for people to contact medical, police or fire services …
Aug 15, 2018, 8:35 AMIn context
Ingrid Lunden / TechCrunch:
Tencent's e-publishing spin-off China Literature buys Chinese production company New Media Classics for $2.2B-$2.3B   —  As the consumer appetite for digital entertainment in China continues its rapid growth, two companies are combining forces to step up their game in the space.
Aug 13, 2018, 12:45 PMIn context
Ingrid Lunden / TechCrunch:
After raising €38M in an IPO on Paris Euronext exchange in July, developer of autonomous shuttles Navya raises €30M more from European Investment Bank   —  While automakers and startups continue to hone the technology for self-driving cars for individuals, a second track of development …
Aug 10, 2018, 5:30 PMIn context
Ingrid Lunden / TechCrunch:
Facebook officially announces Mentorships, a free service that pairs people in Groups   —  Facebook — under fire for the role it has played in helping spread misinformation through its social media platform — has been turning its attention to more positive applications of its tools …
Aug 9, 2018, 12:55 PMIn context
Ingrid Lunden / TechCrunch:
LetGo, the second-hand shopping app, raises another $500M from Naspers, the South African e-commerce and media firm, source says at a $1.5B+ pre-money valuation   —  LetGo, the app-based marketplace for people to sell each other second-hand goods, has nabbed a great deal of its own.
Aug 8, 2018, 12:06 PMIn context
TechCrunch:
Sources: Slack is raising about $400M or more led by General Atlantic at a post-money valuation of at least $7B   —  Slack — the app that lets coworkers and others in professional circles chat with each other and call in data from hundreds of integrated apps in the name of getting more work done …
Aug 7, 2018, 11:15 PMIn context
Ingrid Lunden / TechCrunch:
Scale, a managed marketplace for contractors who examine and categorize visual data to train AI systems, raises $18M Series B led by Index Ventures   —  The artificial intelligence revolution is underway in the world of technology, but as it turns out, some of the most faithful foot soldiers are still humans.
Aug 7, 2018, 5:45 PMIn context
TechCrunch:
eBay's Q2 filing shows company paid $573M to acquire ecommerce platform Qoo10 Japan in February, not the $700M rumored at the time of acquisition   —  EBay is a very distant second behind Amazon when it comes to e-commerce sales in the U.S., but abroad — and in particular in Asia …
Jul 20, 2018, 10:40 AMIn context

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