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Posts Tagged ‘head’

After burning through $2 billion, Katerra gets a $200 million SoftBank lifeline to escape bankruptcy

SoftBank Group is reportedly investing $200 million to bail out Katerra, a startup that had hoped to remake the construction industry with a vertically integrated approach, according to a report in The Wall Street Journal. Katerra’s shareholders reportedly approved the new investment on Wednesday, with the new lifeline from SoftBank coming on top of roughly ...

Floww raises $6.7M for its data-driven marketplace matching founders with investors, based on merit

Floww – a data-driven marketplace designed to allow founders to pitch investors, with the whole investment relationship managed online – says it has raised $6.7M / £5M to date in Seed funding from angels and family offices. Investors include Ramon Mendes De Leon, Duncan Simpson Craib, Angus Davidson, Stephane Delacote and Pip Baker (Google’s Head ...

Sewage work in Athens unearths bust of Hermes

The bust of the Greek *** Hermes was found in good condition in the sewage system in Athens, officials reported Sunday. The Greek Culture Ministry speculates that the head was carved in 300 B.C. by famed sculptor Alcamenes, and was used as a street ma... ...

Google is providing cash awards to 76 startups through a racial equity initiative announced in June

In June of this year, as more of the world began to awaken to the many ways that people of color are systematically discriminated against amid months of protest, a wide number of companies announced initiatives aimed at improving the representation of underrepresented groups within their own ranks and as recipients of their investment dollars. ...

Microsoft brings transcriptions to Word

Microsoft today launched Transcribe in Word, its new transcription service for Microsoft 365 subscribers, into general availability. It’s now available in the online version of Word, with other platforms launching later. In addition, Word is also getting new dictation features, which now allow you to use your voice to format and edit your text, for ...

Here are four areas the $311 billion CPPIB investment fund thinks will be impacted by COVID-19

The Canadian Pension Plan Investment Board, an asset manager controlling around $311 billion in assets for the Canada’s pensioners and retirees, has identified four key industries that are set to experience massive changes as a result of the global economic response to the COVID-19 pandemic. The firm expects the massive changes in e-commerce, healthcare, logistics, ...

The engineers behind Google’s Bookbot have launched a delivery robot startup

The engineers behind Google’s short-lived Bookbot — a robot created within the company’s Area 120 incubator for experimental products — have launched their own startup to bring the sidewalk delivery bot back to life. The secretive startup called Cartken was formed in fall 2019 after Google shuttered an internal program to develop a delivery robot ...

What we know (and don’t) about Goldman Sachs’ Africa VC investing

Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though Goldman declined to comment on its Africa VC activities for this article, the company ...

Startups Weekly: Understanding Uber’s latest fintech play

In this week's newsletter: Fintech's banner year, subscription rental furniture and Particle's Series C. ...

Source: Nike has picked up Russell Wilson’s Tally/TraceMe in a rare acquisition

Nike has long been synonymous with premium sneakers and other sports gear, but now it seems that the company could be extending its brand into another area — digital media — thanks to the rumored acquisition of a Seattle-based startup. TechCrunch has learned from a source that multi-billion dollar sports giant has acquired TraceMe, which ...