WeWork executives have begun the daunting task of rebuilding the company, starting with 2,400 layoffs and possibly renegotiating founder and former CEO Adam Neumann’s $1.7 billion payoff. WeWork, which was temporarily renamed…
Inxeption Brings Blockchain and Competition to E-Commerce
Most entrepreneurs gamble when they start a company—few were born from a bet. Inxeption, an E-commerce platform built on blockchain technology, is one such exception. Given the expertise behind it, the company’s…
In the Race to Build the Car of the Future, Israel is Speeding Ahead
Israel’s status as a leading tech nation is not in doubt. The Middle Eastern state of just eight million people, known as “Silicon Wadi”, is home to 5,000 startups and 750 venture-backed…
OurCrowd Launches $100m AI Fund
Equity crowdfunding platform OurCrowd has launched its Cognitiv fund, which will invest $100 million into early-stage artifical intelligence, robotics and digital manufacturing firms worldwide. It is the company’s 12th fund since it…
Clinton Versus Trump: PE at the Center of Controversy
In its latest issue, The Economist tackles private equity from all angles. A special dossier covers PE’s surge, as well as the upcoming challenges. It is worth the read not only because…
2015 Red Herring North America Winners
The Red Herring Top 100 North America event in San Diego, California brought together a vast and remarkably successful field of companies. The group of finalists hailed from many different industries, offered a wide…
New 4G is taking Western Sahara’s protests beyond refugee camps
At an English school in the Western Saharan camp of Smara, young men are drinking sugary local tea, talking and checking social media. The first two activities, in a region much of…
Guardicore raises $11m Series A round – Investment Round Up
Guardicore, which provides security solutions for data centers, has closed an $11 million Series A round of funding led by Battery Ventures. Greylock IL and other undisclosed strategic investors also participated. The company is to use the funds to expand and sell its technology.
Central European talent fuels Berlin-based GoEuro’s success
Naren Shaam only started GoEuro a little over a year ago. But the India-born, U.S.-educated entrepreneur’s decision to launch the travel aggregator in Berlin has paid back beyond all expectations. And with…
Weekly Digest: Taxi market heats up, Russian PM has Twitter hacked, Sprint to slash prices
Taxi Market Heating Up Disruption is one of the most overused words in technology, but there is perhaps no better term to describe what Uber and its scrappy rival Lyft are doing…