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Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem

In a huge win for the early stage financial services startup Tala (and for the Los Angeles tech ecosystem), Uber‘s former data chief, Kevin Novak has agreed to join the company as its Chief Data Officer. Novak’s achievements at Uber can’t be understated. He was the inventor of dynamic pricing, …

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China’s JD partners with accelerator program Plug and Play to reach US startups

E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce giant said it will share technologies, including AI, cloud and smart …

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China’s JD partners with accelerator program Plug and Play to reach US startups

E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce giant said it will share technologies, including AI, cloud and smart …

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Naspers, Innova Capital back Movile with $82 million

To hear Naspers and the Latin American marketplace developer Movile tell it, food is the thing to make a company king in international markets. Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s …

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Africa Roundup: ToLet Acquires JumiaHouse NG, Facebook announces NG_Hub, Interswitch IPO Update

Lagos based online real estate startup ToLet.com.ng acquired Jumia House Nigeria for an undisclosed amount. Jumia House is a subsidiary of the continent’s lone tech unicorn — Pan-African e-commerce giant Jumia.com. ToLet and Jumia House Nigeria will merge platforms under the new name PropertyPro.ng. The $1.2 million Series A startup was …

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Carmaker venture for EV fast-charging teams with gas stations in Europe

Automakers are laying the groundwork for a a future in which electric cars are omnipresent – and at least as common a sight on roadways as traditional gas-powered vehicles. Last month, a group of car OEMs including Ford, BMW, Daimler, and Volkswagen Group created a new joint-venture called ‘Ionity’ to …

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Enjoius raises $1.4 million to bring its party planning services to you

Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party. Committing to the $1.4 million round of funding were Nancy Tellem, the …

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