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Google is closing its Schaft robotics unit after failing to find a buyer – TechCrunch

Google is closing its Schaft robotics unit after failing to find a buyer – TechCrunch Sad news for anyone into giant robots: Google is closing down Schaft, its secretive unit that develops bipedal robots aimed at helping out in disaster efforts and generally looking badass. The news was first reported by …

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Chinese WeWork rival Ucommune raises $200M to go after international growth – TechCrunch

Chinese WeWork rival Ucommune raises $200M to go after international growth – TechCrunch China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it closed a $200 million Series D …

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SoftBank to wait on Khashoggi murder investigation before deciding on second Vision Fund – TechCrunch

SoftBank to wait on Khashoggi murder investigation before deciding on second Vision Fund – TechCrunch SoftBank CEO Masayoshi Son says the company won’t walk away from its existing commitment with the Saudi Arabian royal family — the largest LP in its $100 billion Vision Fund — but the firm will …

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China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup – TechCrunch

China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup – TechCrunch Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that values the company at …

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SoftBank CEO pulls out of speaking at Saudi investment conference – TechCrunch

SoftBank CEO pulls out of speaking at Saudi investment conference – TechCrunch SoftBank Group has become the latest high profile technology business to drop out of an investment conference in Saudi Arabia following the snowballing global outcry over the killing of journalist, Jamal Khashoggi. The Wall Street Journal reports the last minute …

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Saudi Arabia’s sovereign fund will also invest $45B in SoftBank’s second Vision Fund – TechCrunch

Saudi Arabia’s sovereign fund will also invest $45B in SoftBank’s second Vision Fund – TechCrunch The sovereign fund of Saudi Arabia plans to invest $45 billion into the second SoftBank Vision Fund, two years after putting the same amount into the original $100 billion Vision Fund, Saudi Arabia Crown Price …

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Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom firm PLDT. The deal …

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Benchmark is staying focused, targeting $425M for ninth fund – TechCrunch

Benchmark is staying focused, targeting $425M for ninth fund – TechCrunch VC powerhouse Benchmark has filed to raise $425 million for its ninth flagship fund. While other firms close billion-dollar venture funds despite a history of smaller fundraises, Benchmark is sticking to its guns. The firm, known for its early bets …

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India’s budget hotel startup OYO raises $1B for international growth – TechCrunch

India’s budget hotel startup OYO raises $1B for international growth – TechCrunch OYO, the India-based startup that operates a network of budget hotels, has pulled in $1 billion in new funding to grow its business in China and expand into other international markets. The majority of the funding — $800 million, …

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Indian patient-doctor platform DocPrime gets $50M for city expansion – TechCrunch

Indian patient-doctor platform DocPrime gets $50M for city expansion – TechCrunch Less than three months after it raised $200 million led by SoftBank’s mighty Vision Fund, Indian digital insurance startup PolicyBazaar beefed up its new healthcare business through a $50 million capital injection. DocPrime, which lets visitors book consultations with …

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