South African AI manufacturing startup DataProphet has secured a $6 million Series A funding round, as it plans to scale internationally. Cape Town and London-based VC firm Knife Capital led the round…
A Bolivian Cryptocurrency Leader Comes In From the Cold
For years, Mario Blacutt dared not reveal his name. He was a citizen of Bolivia, whose state pursued crypto traders with a religious zeal. Any mention of Blacutt’s true identity could land…
India’s China Ban is a Come-Get-Me for Europe and the US
This week India’s government decided to ban 59 China-based apps, including popular social media platform TikTok. Based on national security fears, it’s the largest-ever ban of Chinese tech by a global democracy.…
Apple and Google Developing Co-op COVID-19 Tracking Tech
Tech giants Apple and Google are working together to create tracking software that may be used to combat the spread of Coronavirus. The tech, detailed in a white paper released Friday (April…
Alex Vieux: Despite a Positive 2017, A Tech Bubble “Is Not Coming Yet”
Red Herring chairman has warned that a tech bubble “is not coming yet,” at a state-of-the-industry address to delegates in California this week. Vieux, who was hosting hundreds of industry CEOs, insiders…
On May Day, Three of Tech’s Biggest Labor Controversies
Today is International Workers’ Day, celebrated from as far afield as London, Lahore and Lebanon. And while the roots of the holiday date back to a socialist and communist movement in 1886 Chicago,…
Ray Rothrock: Venture Capitalist with a Cause
Most venture capitalists embrace the career after a stint as a banker, CEO, or tech executive. Then the average tenure as a VC spans over 15 years, during which they groom two…
Apple Invests $1bn in Chinese Ride-Hail Giant
Apple has made a $1 billion investment in China’s ride-hailing app Didi Chuxing, in a move CEO Tim Cook said would help the company “learn more” about the Chinese market. Didi Chuxing,…
Here Are Tech’s Top 20 Salary Payers
Recruiting site Glassdoor’s recent report on America’s top-paying companies showed that tech, alongside consulting, is the country’s leading industry for high wages. No fewer than 20 of the 25 biggest payers were…
Buzzfeed raises $50 million funding round – Investment Round Up
Series A Plated, a meal-kit provider, has raised $15 million in Series A funding in a round led by Greycroft Partners. Formation 8, ff Venture Capital, Lerer Ventures, Great Oaks Venture Capital,…