Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up…
“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks
Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…
Cellwize Raises $32m Round to Accelerate 5G Adoption
Israeli startup Cellwize has won a $32 million Series B funding round, as it continues its project to accelerate deployment of 5G networks worldwide. The round, led by Intel Capital and Qualcomm…
Dutch EIT Kicks Off Bid to Build $118bn Green Hydrogen Economy
Dutch enterpreneurship hub EIC InnoEnergy has launched the European Green Hydrogen Acceleration Center (EGHAC), as part of the European Union’s so-called ‘Green Deal.’ The organization hopes its move will contribute to efforts…
Wall Street Tech Stocks Face Slide No Matter Who Wins Election
Tech stocks are expected to fall following tomorrow’s US Presidential election – no matter who emerges victorious. Incumbent Donald Trump faces Democrat challenger Joe Biden for the country’s leadership. Yet despite the…
Intel Shares Slip on Revenue Shortfall
Intel’s share price has dropped 10%, as the Coronavirus pandemic continues to take a toll. The Californian chipmaker’s value took a dive on underwhelming revenues, which analysts blame on the pandemic’s freezing…
Deutsche Bank Ponders Tata Consultancy Tech Sale
Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…
Financing Startup Wayflyer Wins $10.2m Seed Funding
Wayflyer, a startup that connects e-commerce platforms with funding, is the recipient of a $10.2 million seed round. The backing, led by Washington, DC-based QED Investors, will help Wayflyer scale its product…
Italy’s Phononic Vibes Raises $2.7m for Noise-Reduction Tech
Italian deeptech startup Phononic Vibes, which creates solutions for noise and vibration reduction, has secured a €2.3 million ($2.7m) funding round led by compatriot firm EUREKA! Venture SGR. The round, which builds…
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…