Blog Posts

The co-founder and CEO of Doordash joins Meta’s board of directors Tony Xu, co-founder and CEO of Doordash, has been appointed to the board of directors of Meta, according to a press release issued by Facebook's parent company, Facebook. On November 20, 2020, Xu was appointed chairman of the company's board of directors, following his appointment as the company's chief executive officer in 2013. Xu's appointment, according to Meta, is effective immediately. With the addition of Xu to the .

Harry's submits paperwork for a new $139.9 million Financing  Harry's Razors has raised $155 million in Series E funding, valuing the company at $1.7 billion, a year after the Federal Trade Commission blocked the acquisition of Edgewell Personal Care by the direct-to-consumer razor startup. The company has now filed paperwork indicating that it has raised another cash tranche in the nine-figure range, despite the fact that it was raised months ago. A new financing event, worth $139.9 mill.

Peer-to-peer car-sharing company Turo files Initial Public Offering (IPO) to go public The startup operates on a peer-to-peer basis and is focused on the car sharing market. Following a period of confidentiality, Turo has made its application to become a publicly traded company in the United States public. The process to become a publicly traded company began in August. The terms of the offering are not included in the S-1 filing made on Monday with the Securities and Exchange Commission of th.

Rivian files trademark application for its electric bicycles  Rivian, a manufacturer of electric vehicles, has registered a new trademark for bicycles and electric bikes, as well as the structural components that make up the bicycles and electric bikes. According to some, the move could indicate that Rivian is considering jumping on the e-bike bandwagon and diversifying its portfolio with a product that is more cost effective to manufacture at scale than electric pickup trucks and is more .

Rivian produced slightly more than 1,000 electric vehicles in 2021 It was announced on Monday by Rivian, an electric vehicle manufacturer based in the United States, that the company will produce 1,015 vehicles in 2021, which is in line with the company's revised expectations from last month. By the end of 2021, Rivian will have delivered 920 vehicles, according to a press release issued on Monday morning. The production and delivery figures, combined with a Wall Street Journal report that Riv.

Moxie Marlinspike steps down as Signal Director According to a blog post published today by Moxie Marlinspike, the founder of the massively popular encrypted communications app Signal has announced his resignation, which he claims has been in the works for several months. While the move was unexpected, it appears to be linked to the rise of MobileCoin, a cryptocurrency startup that had Marlinspike on its board of directors as a technical advisor early in its development. Since last spring, Si.

Dallas is competing to become the site of Ford and Argo AI's next autonomous vehicle facility As reported by the Dallas Morning News, the city's council members will vote on Wednesday on whether to approve an economic development agreement with Ford, in hopes of becoming the site of the automaker's next autonomous vehicle manufacturing facility. In order to commercialize Argo AI's autonomous vehicle technology, Ford is collaborating with the company. Ford is an investor in and a customer of Ar.

The road to disaster in the collection of biometric data is paved with good intentions The planned collection of biometric data has seen a significant increase in the number of people participating in recent months. Even if you don't seem concerned, you should be. Indeed, as absurd as it may seem, make an effort to be more concerned about it than appears to be the norm. After all, over the last decade, the collection of biometric data for commercial purposes has progressed to an astonishing de.

In a Series C round of funding, KoinWorks, a Jakarta-based SME financial platform, has raised $108M The estimated more than 60 million small and medium-sized enterprises (SMEs) in Indonesia form the backbone of the economy. Many, on the other hand, do not have access to working capital and, particularly prior to the pandemic, managed their finances manually through Excel spreadsheets. Since the implementation of COVID-19, many businesses have begun to digitize, and startups that target small an.

Binance has signed on as an official sponsor of the TotalEnergies Africa Cup of Nations (AFCON 2021) Binance, the world's largest blockchain ecosystem and cryptocurrency exchange, has announced a partnership with the Confederation of African Football (CAF) as an official sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournaments. The partnership will see Binance bring its global brand and technology to African football for the first time. The prestigious football tournament wil.