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…
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…
Exclaimer CEO Heath Davies: “We’re Continually Perfecting Our Products”
Heath Davies is CEO of email signature firm Exclaimer, which is in its 21st year of operation. The company’s onsite and cloud-based solutions are used by over 75 million people in 150…
SQream Closes $40m Funding Round
Data analytics platform SQream has closed a $39.4 million Series B funding round, as it bids to improve its talent base, and expand its technology and cloud innovation. The round was led…
Tencent to Plow $70bn into “New Infrastructure” Tech
Chinese mega-investor Tencent will pour 500 billion yuan ($70bn) into emerging technology, as part of an ambitious five-year investment project. The move follows April’s creation of a Chinese blockchain committee by the…
Database Startup Couchbase Raises $105m Series G Round
Californian database startup Couchbase has secured a $105 million Series G funding round, bringing the Oracle-competitor’s total backing to around $234m, plus $50m in debt. Chief executive Matt Cain said it was…