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Amazon Bolsters Smart Home Offerings with $1.7 billion iRobot Deal 

August 8, 2022

Amazon has agreed to buy iRobot Corp., the company behind the Roomba robotic vacuum, in a deal worth $1.7 billion.  Roomba will be added to Amazon’s already lengthy list of smart home…

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Post-Pandemic Travel Boosts Uber and Lyft

August 5, 2022

Ride-hailing giants Uber and Lyft both reported promising Q2 results this week, as they took advantage of a post-Covid boom in travel.  Uber posted its first ever cash-flow positive quarter. The Silicon…

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Tesla Sells Off Majority of Bitcoin Holdings 

July 22, 2022

Electric car maker Tesla has ditched 75% of its holdings in Bitcoin, after the cryptocurrency fell in value by more than 50% this year.  In February last year Tesla boss Elon Musk…

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Musk Attempts to Withdraw from Twitter Deal

July 11, 2022

Elon Musk will withdraw from his $44 billion agreement to buy social media platform Twitter, the billionaire has stated, although it remains to be seen whether he may yet be forced to…

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Amazon and Nike Ponder Peloton Takeover – Reports

February 7, 2022

Amazon and Nike are contemplating takeovers of the exercise brand Peloton, according to recent reports.  Peloton enjoyed soaring sales of its exercise bikes and treadmills during the pandemic as global lockdown measures…

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What is a Learning Management System?

February 24, 2021

Rouben David, of CourseForMe.com, outlines the features and benefits of Learning Management Systems, whose use has become more vital during the COVID-19 pandemic. Learning is a lifetime activity that starts from the…

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For Vertical Farms to Succeed, Sensors Must Take Center Stage

February 19, 2021

Vertical farming—the process of cultivating produce in stacked, indoor shelves, rather than side-by-side in fields—is a fast-growing industry (pardon the pun). Since it was conjured (or revived, depending who you ask) in…

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Meesho is SoftBank’s Latest Big Buy

February 12, 2021

Meesho, India’s largest reselling website, has negotiated a $250 million funding round led by SoftBank’s Vision Fund, the Economic Times has reported. The round, if completed, will value Meesho at between $1.5bn…

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GameStop Stock Fiasco Shows Need to Reframe Tech Employment Debate

January 29, 2021

A raft of market watchdogs has warned investors in GameStop—many of whom are homespun traders using Reddit or Robinhood—may be in danger of breaking the law. Shares in the video gaming retailer…

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Chinese Self-Drive Startup Uisee Raises $155m

January 26, 2021

Uisee, a Chinese autonomous mobility startup, has announced a $155 million funding round, as China continues to dominate emerging markets for self-driving and new-energy vehicles (NEVs). In a signal that China’s Communist…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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