Earlier this month, venture capitalist and former Spotify global director of marketing Sophia Bendz announced that she was leaving London-based Atomico to join Berlin’s Cherry Ventures. Her stated reason for leaving the London VC firm — which mainly does Series A and Series B rounds — is that, having made …...Read More

FedEx has flirted with robotic technologies before, most notably in the case of Roxo. The delivery robot made its debut in New York City last year, only to get the boot from Mayor Bill de Blasio. These days, however, the prospect of increased automation seems all the more pressing, as …...Read More

In the wake of yesterday’s landmark ruling by Europe’s top court — striking down a flagship transatlantic data transfer framework called Privacy Shield, and cranking up the legal uncertainty around processing EU citizens’ data in the U.S. in the process — Europe’s lead data protection regulator has fired its own …...Read More

Extension rounds help some startups play offense during COVID-19 'Insurance gets more expensive when it looks like a hurricane is coming' The venture capital world is constantly changing, and its evolution can sometimes flip pieces of conventional wisdom on their heads. For example, a recent flurry of extension rounds from …...Read More

Even the world’s second largest smartphone market isn’t immune to COVID-19. Smartphone shipments in India fell 48% in the second quarter compared with the same period a year ago, the most drastic drop one of the rare growing markets has seen in a decade, research firm Canalys reported Friday evening. …...Read More

Higher education is being transformed by COVID-19, but it goes beyond universities simply “going remote” to try and cope. The changes afoot are holistic, transformative and a long time coming. These changes will extend to recruiting, training and, ultimately, how employers fundamentally go about finding potential candidates for their organizations. …...Read More

After a series of closed alpha tests, Microsoft’s Xbox Game Studios and Asobo Studios today announced that the next-gen Microsoft Flight Simulator 2020 will launch on August 18. Pre-orders are now live and FS 2020 will come in three editions, standard ($59.99), deluxe ($89.99) and premium deluxe ($119.99), with the …...Read More

Skydio has raised a $100 million Series C funding round, which was led by Next47 and includes participation from other new investors Levitate Capital and NTT DOCOMO Ventures, as well as existing investors A16Z, IVP and Playground. This new funding will help the drone maker move faster on its product …...Read More

Apple announced this morning it’s allocating more than $400 million toward affordable housing projects and other homeowner assistance programs in California, as a part of its earlier multi-year pledge of $2.5 billion to address the state’s housing crisis and homelessness issues. The funding is expected to support thousands of Californians …...Read More

India should set up a data regulator to oversee how companies collect, process, store, monetize and even destroy non-personal data (or data that has been anonymized), a panel tasked by New Delhi has recommended in a draft report. The eight-person panel said that companies such as Google, Facebook, Amazon, and …...Read More