Saturday, June 26, 2021

ShipHero, an e-commerce software and fulfillment provider, raises $50M from Riverwood Capital to expand its fulfillment network, at a $225M post-money valuation (John Paul Hampstead/FreightWaves)

John Paul Hampstead / FreightWaves:
ShipHero, an e-commerce software and fulfillment provider, raises $50M from Riverwood Capital to expand its fulfillment network, at a $225M post-money valuation  —  ShipHero's SaaS and e-comm 3PL businesses complement each other.



Rasgo, a GitHub-like repository which helps data scientists explore, clean, join, and transform data sets for machine learning models, raises $20M Series A (AlleyWatch)

AlleyWatch:
Rasgo, a GitHub-like repository which helps data scientists explore, clean, join, and transform data sets for machine learning models, raises $20M Series A  —  Data science is highly coveted and championed because its use extracts insights that transform data into tangible value.



Tesla to issue a software fix to 285K+ cars in China, after regulator finds its autopilot can get activated automatically, which may lead to sudden acceleration (Bloomberg)

Bloomberg:
Tesla to issue a software fix to 285K+ cars in China, after regulator finds its autopilot can get activated automatically, which may lead to sudden acceleration  —  - Acceleration risk forces an upgrade for 285,000 vehicles  — The software fix in many instances will be made online



Katie Haun, a co-chair of a16z's crypto fund, talks about the geopolitics of blockchain, risk, regulation, outlook for the crypto industry, and the fund's focus (New York Times)

New York Times:
Katie Haun, a co-chair of a16z's crypto fund, talks about the geopolitics of blockchain, risk, regulation, outlook for the crypto industry, and the fund's focus  —  Katie Haun, a co-chair of Andreessen Horowitz's new $2.2 billion crypto fund, is betting that the blockchain will be as big as the internet.



Tesla 'recalls' vehicles in China for online software update

Chinese regulators said on Saturday Tesla Inc would 'recall' nearly 3 lakh China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not required to return their vehicles. The remote online software 'recall' - a first for Tesla cars built in China - covers 249,855 China-made Model 3 and Model Y cars, and 35,665 imported Model 3 sedans. https://ift.tt/3dh4A9M

Thane civic app wins Centre's award

https://ift.tt/3jgGX4N

Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...