French startup Foodles is raising a $10 million funding round (€9 million). The company provides canteen-like services using connected fridges and daily deliveries. Creadev, DN capital and Adelie are participating in today’s round. This isn’t just fresh capital as existing shareholder Elior is selling its shares in the company. Elior is a large catering and […]
Fresh off dealing with chaos caused by last month's ransomware attack, the city of Baltimore has a new problem to deal with — the $18 million in damages that came with it.
Not everyone gets a second chance in Silicon Valley. Entrepreneur Hosain Rahman has been given many more than that. Though his last company, Jawbone, which produced wireless speakers and Bluetooth earpieces, went kaput in 2017 after burning up $1 billion in venture funding over the course of ten years, Rahman has managed to raise $65.4 […]
[Update: Changpeng Zhao’s comments on Periscope added to bottom of post] Cryptocurrency exchange Binance has confirmed a “large scale” data breach, in which hackers stole more than $40 million in cryptocurrency In a statement, the company said hackers stole API keys, two-factor codes and other information in the attack. Binance traced the cryptocurrency theft — […]
Indian edtech startup CollegeDekho, which helps students connect with prospective colleges and keep track of exams, has raised $8 million in Series B round. The new financing round for the four-year-old Gurgaon-based startup was led by its parent company Girnarsoft Education and London-based private equity investor Man Capital, which also participated in the startup’s Series […]
Bird and Lime are scooting along, backed by hundreds of millions in venture capital. But there are still plenty of companies hoping to dominate the still-nascent micro mobility market, given the financial opportunity it’s promising. Among them: Bond Mobility, a three-year-old Palo Alto, Calif.- and Zurich, Switzerland-based startup that says its “high-performance” dockless electric bikes […]
Spotify has 100 million Premium users, the company has announced in its most recent financial figures. In total, the streaming service has 217 million users, 117 million of which are enjoying the free, ad supported tier.
Enlarge (credit: Getty Images) Facebook’s privacy gaffes keep coming. On Wednesday, the social media company said it collected the stored email address lists of as many as 1.5 million users without permission. On Thursday, the company said the number of Instagram users affected by a previously reported password storage error was in the “millions,” not […]
A day after the big Episode IX reveal, Disney and subsidiary Lucas film announced that it will be donating $1.5 million to FIRST . The non-profit group was founded by Dean Kamen in 1989 to help teach STEM through initiatives like robotics competitions. Disney’s money will go to provide education and outreach to the underserved […]