Year: 2018

04 Jan 2018

MoneyLion raises $42M to grow its personal finance platform for the middle class

 MoneyLion, the part lending, part savings and part wealth management app targeted at the financial middle class has raised $42M in Series B funding.This brings total equity funding to $67M since being founded in 2013. The startup provides an all-in-one platform for anything finance related. A user connects their bank accounts and credit cards and then gets personalized advice based on their… Read More
04 Jan 2018

Malaysia’s Dahmakan chows down $2.6M for its end-to-end food delivery service

 Dahmakan, a food delivery startup from Malaysia that graduated Y Combinator last year, has raised $2.6 million as it begins to explore the potential to expand its business across Southeast Asia. The startup distinguishes itself from the likes of FoodPanda and Deliveroo with an “end-to-end” approach to food, that’s to say that it cooks all dishes itself and dispatches them… Read More
04 Jan 2018

The News Lens takes a big step for Asian indie media with its first acquisition

 Founded four years ago to reach millennials disenchanted with Taiwan’s scandal-obsessed media, The News Lens is growing up fast. The Taipei-based company announced it has agreed to buy Inside, one of Taiwan’s best-known technology news sites. Not only is this The News Lens’ (known as TNL) first acquisition, but founder and chief executive officer Joey Chung says it also makes… Read More
04 Jan 2018

Of course China’s forgotten social network is doing an ICO

 ICOs were one of the breakthroughs in the tech industry in 2017. Initially it was just those in the blockchain space who were aware, but as the year went on a number of existing business grew attracted to the idea of raising money without the usual route of VCs and lost equity. The year ended with more than $4 billion raised via ICOs. It’s fair to say that the concept is widely-known… Read More
04 Jan 2018

Wi-fi startup Eero lays off 30 employees

 Eero, the mesh Wi-Fi router startup, has laid off 20 percent of its workforce (about 30 employees), TechCrunch has learned. Eero confirmed about 30 employees were let go but declined to comment on its total workforce size. “Our goal is to provide perfect WiFi in every home,” an Eero spokesperson said in a statement to TechCrunch. “Over the past year we explored several… Read More
04 Jan 2018

Cloud infrastructure vendors begin responding to chip kernel vulnerability

 Several cloud vendors began responding to the chip kernel vulnerability  that has the industry reeling today. Each Infrastructure as a Service vendor clearly has a stake here because each one is selling CPU cycles on their platforms. TechCrunch sent a request for comment to six major cloud vendors including AWS, Microsoft, Google, IBM, Rackspace and DigitalOcean. At the time of publication,… Read More
04 Jan 2018

Apple readies Siri for the HomePod by adding a podcast-powered news brief

 The HomePod had a bit of a notable production setback, back in December, but Apple’s high-end smart speaker is still on track for an “early 2018” release. As it preps for the release of its first Siri-focused device, the company is making some tweaks to its voice assistant. As 9to5Mac first noted, the latest beta version of iOS (11.2.5) sports a new news feature. “Hey… Read More