Disappointment for Uber today if it was hoping an apology and a personal visit from its new CEO would quickly reboot relations with the local transport regulator in London, which last month stripped the company of its license to operate. The market is Uber’s most important in Europe, where it claims to have some 3.5 million
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On October 11, TechCrunch and Facebook hosted Startup Battlefield Africa in Nairobi, Kenya. The Startup Battlefield pitch-off competition featured startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Top notch investors and founders served as judges to pick the winners in each category as well as an overall
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FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition
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Today, Facebook’s VR ambitions looked inwards. The newly announced $199 Oculus Go headset and upcoming high-end “Santa Cruz” standalone will come with something past headsets haven’t: power buttons. By controlling the end-to-end experience, Facebook gets to tackle VR with a Cupertino-like approach to hardware that lets them avoid the headaches of Windows/Android and the OEMs
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Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup, founded in 2015 by Andrew Arruda, Jimoh Ovbiagele and Pargles Dall’Oglio at the University of Toronto, is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund, Y
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At the very beginning, there were 15 startups coming from all around Africa. After an incredibly fierce competition in Nairobi, Kenya, here are the winners of TechCrunch’s first ever Startup Battlefield Africa. Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front
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MioTech, a financial tech startup with offices in Hong Kong and Shanghai, has raised $7 million in Series A funding to develop artificial intelligence based software for investment managers. The round was led by Horizons Ventures, the private investment arm of Hong Kong business tycoon Li Ka-shing, with participation from returning investor Zhenfund. MioTech’s graph
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When we last saw Zenefits, the company essentially handed off one of its initial core selling points — insurance brokerage — to partners. Since that rebrand rolled out, Zenefits seems to be following the sort of drip-drip-drip of updates that many startups trying to create a sort of “home” for a core employee experience utilize.
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Withlocals, the the Netherlands-based startup that operates a marketplace for personalised travel experiences, has raised $4.2 million in Series A funding. The round was led by Inkef Capital, the Amsterdam-headquartered VC firm. Pitching itself as an alternative to mass-market package holidays and tours, Withlocals says it wants to capture at least 20 percent of the
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