LONDON (Reuters) – Venture capital firm Dawn Capital said on Thursday it had raised $125 million for its latest fund which is aimed at business-to-business technology companies across Europe. The firm said…
Category: Technology
Electric dreams in danger as funding dwindles for China’s Tesla challengers
HONG KONG/BEIJING (Reuters) – Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups. The end result? They decided not to invest in…
A Senate Bill Targets YouTube Pedophiles. Could It Cost Family Vloggers Their Livelihood?
YouTube has a problem: its recommendation algorithm assembles video playlists for pedophiles. Now a Republican senator has proposed an aggressive new law to solve the problem ― but could inadvertently imperil family…
Facebook Unveils Plans For Its Own Cryptocurrency
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan…
Facebook reveals Libra cryptocurrency, with lofty goals
SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce…
JD.com may list logistics unit in future but no plan currently: exec
BEIJING (Reuters) – Chinese e-commerce giant JD.com Inc may list its logistics unit in the future but it currently has no clear plan, a senior company executive said on Monday. Bing Fu,…
Exclusive: Mexico blamed Walmart’s size, access to rivals’ data in blocking app deal
MEXICO CITY (Reuters) – Mexican officials blocked Walmart Inc’s deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use the app…
Broadcom’s $2 billion warning rattles global chip sector
LONDON/BENGALURU (Reuters) – Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would…
European chipmakers tumble after Broadcom dashes hopes of rebound in demand
FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake LONDON (Reuters) – European semiconductor stocks fell on Friday after U.S….
British digital bank Monzo to announce imminent U.S. launch: source
LONDON (Reuters) – Fast-growing British digital bank Monzo is set to announce on Thursday its imminent launch in the United States, a source familiar with the matter told Reuters. The bank did…