Friday , 20 September 2019

Technology

Uber Copter offers on-demand JFK helicopter service for top-tier users

Uber is adding regular helicopter air service to the heaviest users of its platform with Uber Copter – a new service line launched today that will provide on-demand transportation from Lower Manhattan to JFK airport for, on average, between $200 and $225 per person, which includes car service to and from the helipad at each end. Is a ~$200 helicopter ... Read More »

Step raises $22.5M led by Stripe to build no-fee banking services for teens

The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up that have completely removed the need to make visits to physical branches to open accounts, make deposits, pay for things, and ask for loans: you can now do all of these on the go by way of a simple tap ... Read More »

Google to acquire analytics startup Looker for $2.6 billion

Google made a big splash this morning when it announced it’s going to acquire Looker, a hot analytics startup that’s raised over $280 million. It’s paying $2.6 billion for the privilege and adding the company to Google Cloud. Thomas Kurian, the man who was handed the reigns to Google Cloud at the end of last year sees the crucial role ... Read More »

Amazon, reeling from recent regulatory hurdles, pumps $404M into its India business

Following months-long intense regulatory setback in India, Amazon is moving back to spending big bucks to grow its business in the world’s second largest internet market. Amazon has infused Rs 2,999 crores ($404 million) in its India business, according to a regulatory filing published this week. Amazon periodically deploys cash to its business in India, the most recent infusion being ... Read More »

India orders Uber and rival Ola to electrify 40% of fleets by 2026

India is doubling down on its push to replace gasoline and diesel vehicles on its streets with environmentally friendly electric cars. The government plans to order ride-hailing firms such as Uber and Ola, that operate hundreds of thousands of cars in the nation, to convert 40% of their fleets to electric by April 2026, Reuters reported today. As part of ... Read More »

Virgin Orbit seeks to launch satellites from the UK by 2020

One of Richard Branson’s space companies (yes, he has more than one) is looking to bring satellite launches to British soil, with a new Virgin Spaceport based in Cornwall. The project now has buy-in from the UK Space Agency, which intends to put £7.8 million (around 9.94 million USD) into developing the facility. The goal would be to have the ... Read More »

Legacy, a sperm testing and freezing service, raises $1.5M

Femtech is having a banner year, largely as a result of a massive uptick in venture capital financings for women’s fertility businesses. Men’s health companies, however, are having a moment too. Legacy, a male fertility startup that won TechCrunch’s Startup Battlefield competition at Disrupt Berlin 2018, is today announcing a $1.5 million seed round led by Bain Capital Ventures. The ... Read More »

Ofcom CEO Sharon White steps down

Sharon White is stepping down as CEO of communications regulator Ofcom after more than four years in the role.She was appointed as chief executive in March 2015, replacing the outgoing Ed Richards who had served the organisation for more than a decade.Prior to her appointment, White had amassed 25 years’ experience in the public sector, holding key positions at the ... Read More »

10 things 5G can do that 4G can’t

From the Samsung Galaxy S10 5G to the OnePlus 7 Pro 5G and beyond, the first 5G phones are now here.Alongside them, the first 5G networks are finally being switched on – albeit only on a small scale so far.If you live somewhere where 5G is available it could be worth signing up, as it’s much faster than 4G, offering ... Read More »

Apple reportedly exploring acqui-hire of self-driving startup Drive.ai

Apple is potentially seeking to acquire Silicon Valley autonomous driving startup Drive.ai, according to a new report from The Information. The report describes the acquisition as in process, and says it will be an ‘acqui-hire,’ which means it’s primary goal is to bring in the talent of Drive.ai – with presumably special focus on the engineering talent of the self-driving ... Read More »