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Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the …

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Korean e-commerce firm Coupang raises $2 billion from SoftBank’s Vision Fund – TechCrunch

Korean e-commerce firm Coupang raises $2 billion from SoftBank’s Vision Fund – TechCrunch Just days after a CIA report concluded that Saudi Crown Prince Mohammed bin Salman ordered the murder of journalist Jamal Khashoggi, SoftBank’s Vision Fund — the gargantuan investment vehicle anchored by a $45 billion investment from Saudi Arabia’s …

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Local venture capital fund formation is on the rise in Africa, led by Nigeria – TechCrunch

Local venture capital fund formation is on the rise in Africa, led by Nigeria – TechCrunch More posts by this contributor E-moto startup Alta Motors reportedly powers down African financial technology startups move beyond payment services Africa’s VC landscape is becoming more African with an increasing number of investment funds …

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Proxxi saves workers from getting electrocuted – TechCrunch

Proxxi saves workers from getting electrocuted – TechCrunch There are some gadgets that are nice to have – iPhones, sous vide wands – and some gadgets that you must have. Proxxi fits in the latter camp. Proxxi is an always-on sensor that buzzes when it gets too close to high …

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Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition – TechCrunch

Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition – TechCrunch Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor …

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In recruiting win, GM’s Cruise employees offered equity in Cruise – TechCrunch

In recruiting win, GM’s Cruise employees offered equity in Cruise – TechCrunch In what will be seen as a big recruiting and retention win for Cruise, employees will be offered equity in GM’s self-driving technology subsidiary rather than shares of GM. The securities offering was disclosed in a recent SEC …

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Costco now supports Apple Pay across all of its US stores – TechCrunch

Costco now supports Apple Pay across all of its US stores – TechCrunch Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The retailer plans to include support at its gas stations, but that isn’t …

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Next iPhone could be available in grey, white, blue, red and orange – TechCrunch

Next iPhone could be available in grey, white, blue, red and orange – TechCrunch According to a supply chain report, Apple is preparing to release three iPhone lines this fall. One, a 5.8-inch iPhone X with improved specs and lower price. Two, a new 6.5-inch iPhone X Plus with an …

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By keeping its head in the cloud, Microsoft makes it rain on shareholders – TechCrunch

By keeping its head in the cloud, Microsoft makes it rain on shareholders – TechCrunch Thanks in part to its colossal cloud business, Microsoft earnings are drenching shareholders in dollars. For the quarter ending March 31, 2018 the tech ringer from Redmond saw its revenue increase to $26.8 billion (up …

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Family networking app Life360 acquihires PathSense team to boost location-based services – TechCrunch

  Life360, the app for networking families together via mobile devices, has acquired the developer team behind PathSense, responsible for the creation of a location-based mobile application toolkit, to build out its location based offerings. The San Francisco-based Life360 will see all of PathSense’s employees joining the its staff, while …

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