China’s securities regulator has approved fintech company Ant Group’s IPO – and paved the way for what will likely be the world’s biggest-ever listing. Ant, backed by current title-holder Alibaba, will seek…
Genius Quiz App Raises $2m; Seeks Far More for E-Learn Scale
Genius Quiz App, an e-learning venture from one of India’s startup stars, has won $2 million in seed funding from a constellation of Indian and American angel investors. The firm is the…
TikTok and Oracle Team Up, as Microsoft Bid Fails Dramatically
Oracle will partner with social media platform TikTok in the United States, as a bid from Microsoft was rejected. The terms of the Oracle deal have not yet been made public, but…
SoftBank Value Plummets on Shaky Tech Deals
Japanese giant SoftBank has seen its share price fall sharply today, due to its exposure to continued US-tech selloffs. The company opened trading on Monday 2.6% down, and ended it with a…
EduTech Outfit Eruditus Raises $113m, as E-Learning Explodes Worldwide
Education startup Eruditus has raised $113 million in a Series C funding round, as the company continues to provide universities with online learning options amid the COVID-19 pandemic. The round was led…
Egypt’s DigiFi Network Raises US Pre-seed Cash
DigiFi Network, an Egyptian startup via which users swap profile information for WiFi connection, has won a pre-seed funding round from Toronto’s Loyal VC, as it aims to scale its product beyond…
Latest US Huawei Sanctions “Lethal Blow” Against Firm – Analyst
Fresh US sanctions will deny Huawei access to chipmakers, dealing a “fatal blow” to the Chinese giant, one expert says. Eurasia Group head of geotechnology Paul Triolo wrote on Monday (8/17) that…
Tech Giants Open New Front Line in Battle Against White House
Fresh from their adversarial hearings, US tech’s biggest players are going in to bat against the White House again – this time over President Donald Trump’s ban on certain working visas. Apple,…
Leading Japanese Firms Plan Digital Transformation
Japan’s largest corporations are planning a massive investment in digital technology, to ensure the country stays ahead of the curve amid the COVID-19 pandemic. The 765 companies’ $4.45 billion funding represents an…
All Aboard! Four Innovations Set to Revolutionize Rail Travel
COVID-19 isn’t making much run fast—not least the productivity of tech journalists. But it might just push global rail travel back on track. The pandemic’s deadly spread has kept people indoors worldwide,…