Didi Chuxing is making a further push into the financial arena as it looks to diversify its business amid huge losses. We reported in January that the company, which controls a dominant slice of China’s ride-hailing market, released financial and insurance products targeting riders and drivers. Its service offering just broadened after the startup launched […]
Yesterday, the opening keynote for Google’s Cloud Next conference was packed with news, from Google’s hybrid cloud platform Anthos to Google’s new product to turn a container into a URL. At 9 AM PT, 12 PM ET, 5 PM GMT, Google is opening day 2 of its conference with the product innovation keynote. Later at […]
If you can’t stop dreaming about NoSQL databases, Google’s Cloud Next conference is the closest thing to heaven that you’ll find today. At 9 AM PT, 12 PM ET, 5 PM GMT, some of the brightest minds in cloud computing are going to introduce the upcoming features of Google Cloud. Along with Amazon Web Services […]
Source Code Capital, the venture capital firm that’s backed some of China’s most prominent tech unicorns and boasts a network of high-profile investors and founders, announced Monday it has closed a new $570 million fund as it continues to hunt down early to mid-stage companies. The latest close catapults Source Code’s capital under management to […]
The Global Positioning System time epoch is ending and another one is beginning, an event that could affect your devices or any equipment or legacy system that relies on GPS for time and location. Most clocks obtain their time from Coordinated Universal Time (UTC). But the atomic clocks on satellites are set to GPS time. The […]
Today’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of all that for you. But last month when Pinterest announced its IPO, the company’s cloud […]
Pressure is steadily mounting on U.S. lawmakers to implement comprehensive cannabis banking reform at the federal level, and that pressure is coming from all directions. Rapid shifts in public opinion and a rising number of states with legal medical and adult-use cannabis sales have laid bare an obvious need to update our banking laws to […]
If it feels like your Amazon search results have been overwhelmed with promotions for their private-label brands, like Amazon Basics, Mama Bear or Daily Ritual, that may be changing. As lawmakers pay more attention to the most powerful tech companies, Amazon has begun quietly removing some of the more obvious promotions, including banner ads, for […]
Crypto has a new unicorn after exchange Liquid announced today it has raised capital from investors at a valuation of more than $1 billion as it goes after expansion opportunities. The company said the capital will be put to work expanding into new markets and offering new services, including — potentially — a platform for […]
There’s a changing of the guard within Google’s Asia Pacific business. In recent weeks, personnel changes within two of its most important roles show the search giant is entering a new era of management for its fast-growing business across the continent. Scott Beaumont, a British executive who previously ran Google in China and Korea, stepped […]