Autonomous trucking startup TuSimple is aiming to raise ~$1.3B in its US IPO, with expected share price between $35-$39, and is targeting a valuation of $8B+ — (Reuters) -Self-driving truck startup TuSimple Holdings Inc said on Wednesday it was targeting a valuation of more than $8 billion in its U.S. initial public offering (IPO).
Wednesday, April 7, 2021
Autonomous trucking startup TuSimple is aiming to raise ~$1.3B in its US IPO, with expected share price between $35-$39, and is targeting a valuation of $8B+ (Reuters)
Nokia and Lenovo resolve all litigations over patent fight
While terms of the cross-license agreement remain confidential, Lenovo will make a net balancing payment to Nokia, the Finnish telecom equipment maker said. https://ift.tt/2PBUdEV
Tuesday, April 6, 2021
Fyllo, a provider of software to help cannabis companies with marketing, analytics, and compliance, raises $30M Series B, bringing its total funding to $60M (Gordon Gottsegen/Built In Chicago)
Fyllo, a provider of software to help cannabis companies with marketing, analytics, and compliance, raises $30M Series B, bringing its total funding to $60M — As more states legalize recreational marijuana, the cannabis industry is booming. And Chicago-based cannabis startup Fyllo wants to grow with it.
Samsung Electronics says Q1 profit likely rose 44%, matching expectations
The South Korean technology giant forecast January-March operating profit of 9.3 trillion won ($8.32 billion), matching a weighted average analyst forecast from Refinitiv SmartEstimate. https://ift.tt/3mq6Dvm
Software firm Canva valued at $15 billion after raising $71 million
Canva offers an online design and publishing tool with templates for presentations, social media graphics and posters, among others. https://ift.tt/39ONjCY
Intel aims for supply chain edge with new data center chip
The new "Ice Lake" chip is designed to be used by cloud computing providers and others who run massive data centers, and Intel said it has already shipped about 200,000 test units. https://ift.tt/3s0xb7A
iQoo Neo 5 May Debut in India Soon as It Allegedly Gets BIS Certification
iQoo Neo 5 may launch in India soon as it has allegedly received a certification from the Bureau of Indian Standards (BIS). The iQoo phone was launched in China last month and is likely to come to... https://ift.tt/3moQtSW
Facebook Says Hackers 'Scraped' Data of 533 Million Users in 2019 Leak
Facebook said that hackers "scraped" personal data of some half-billion users back in 2019 by taking advantage of a feature designed to help people easily find friends using contact lists. https://ift.tt/2Q3FmTe
Amazon CEO Jeff Bezos Tops Forbes World's Billionaires List Once Again
Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon founder Jeff Bezos topping it for the fourth consecutive year. https://ift.tt/3fNDCIJ
Prosimo, which offers a service for simplifying application delivery across multi-cloud environments, emerges from stealth with $25M in seed and Series A (Gina Narcisi/CRN)
Prosimo, which offers a service for simplifying application delivery across multi-cloud environments, emerges from stealth with $25M in seed and Series A — 'Our customers and partners treat us as a disruptor of sorts. They go to their flagship accounts and say; 'I have a new vendor that's looking at cloud differently.
API Holdings, the parent company of Indian online pharmacy Pharmeasy, raises $350M; sources say the deal gives Pharmeasy a post-money valuation of $1.5B (Alnoor Peermohamed/The Economic Times)
API Holdings, the parent company of Indian online pharmacy Pharmeasy, raises $350M; sources say the deal gives Pharmeasy a post-money valuation of $1.5B — Bengaluru: Prosus Ventures and US-based private equity firm TPG Capital are leading an investment of $350 million (about Rs 2,570 crore) …
Redmi Note 10 with 6.43-inch Super AMOLED screen to go on sale today via Amazon
Redmi Note 10 comes in two different variants. The base model packs 4GB RAM and 64GB internal storage. It is priced at Rs 11,999. Buyers can choose from three colour options of Redmi Note 10- Aqua green, Shadow Black and Frost White https://ift.tt/39REyrU
Flipkart daily trivia quiz April 7, 2021: Get answers to these five questions to win gifts and discount coupons
The quiz comprises five questions that are based on general knowledge and current events. https://ift.tt/3wydNlY
Amazon app quiz April 7, 2021: Get answers to these five questions to win Rs 25,000 in Amazon Pay balance
Name of the winner of today’s quiz will be announced on April 8. https://ift.tt/3dGGDrF
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India extends a deadline for implementing a 30% cap on any company's share of transactions on UPI payments network, providing relief to Google Pay and PhonePe (Manish Singh/TechCrunch)
Manish Singh / TechCrunch : India extends a deadline for implementing a 30% cap on any company's share of transactions on UPI payment...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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Lorena O'Neil / Rolling Stone : A look at the years of warnings about AI from researchers, including several women of color, who say ...
