One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014, the Singapore-based startup helps users shop ‘smarter’ using a selection of curated deals and cashback offers through partner merchants across seven countries in Southeast Asia… Read More
Source: TechCrunch
Mojiworks, the U.K. startup building games for messaging apps, has raised £2.1 million in Series A funding. The round is led by Balderton Capital, with participation from previous backers Lifeline Ventures and Sunstone Capital, and will be used by the company to increase headcount as it double-downs on developing multiple titles for Facebook Messenger. Founded late last year by Matthew… Read More
Source: TechCrunch
A new RAND report argues the sooner you can deploy self-driving cars, the more lives you might save.
Source: Wired
Lyft’s chief operating officer Rex Tibbens plans to step down by the end of the year. The news was first reported by Axios and confirmed by Lyft to TechCrunch. Read More
Source: TechCrunch
Today’s StoriesÂ
Broadcom offers to acquire Qualcomm for $70 per share
Intel and AMD partner on graphics and CPU combo to challenge Nvidia
Comcast’s Xfinity internet service (and others) seem to be a bit broken nationwide this morning
Credits
Written by:Â MRD
Hosted by:Â MRD
Filmed by:Â Joe Zolnoski
Edited by:Â Joe Zolnoski Read More
Source: TechCrunch
Computer vision and clever imaging technology remain hot areas in consumer and enterprise apps, and today Microsoft is picking up a startup called Swng Technologies to give it some IP and talent in this department.
Swng Technologies had developed a cinemagraph app called Swng (originally called Polaroid Swing) that lets you take impressionistic, GIF-like short videos that you can then… Read More
Source: TechCrunch
As October came to a close, three of the five largest American tech companies beat earnings expectations.
The quarterly results of Amazon, Microsoft, and Alphabet were impressive, with each firm bringing in both more revenue and profit than analysts had expected. And, as we explored at the time, the companies managed to come up with their wins in unique fashion. And so it goes this time… Read More
Source: TechCrunch
What do you get if you combine the Internet of Things with the business of home insurance? UK startup Neos is hoping the answer is damage and/or theft prevention rather than just after-the-unfortunate-fact payouts. Read More
Source: TechCrunch
Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, continues to be on a roll, both in terms of user numbers and now a significant new funding round. Read More
Source: TechCrunch
The Paradise Papers data leak details Apple’s efforts to shelter more than $250 billion in overseas cash.
Source: CNET