Tech News

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  1. Google has become the latest high-profile investor in India’s Reliance Jio Platforms. The search giant is investing $4.5 billion for a 7.7% stake in the top Indian telecom network, Reliance Industries chairman Mukesh Ambani said on Wednesday. The investment today from Google is one of the rare instances where the Android-maker has joined Facebook in […]
  2. There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better cybersecurity, or better navigation systems for cars and other moving objects. But the more advanced the application, the bigger the need for hardware that can […]
  3. Ravelin, the London-based company using machine learning to help companies fight fraud when accepting online payments, has raised $20 million in new funding. The Series C round is led by Draper Esprit, with participation from existing investors Amadeus Capital Partners, BlackFin Tech, and Passion Capital. Ravelin disclosed $10 million in Series B funding in September […]
  4. Nissan unveiled today the Ariya, an all-electric SUV with an estimated 300 miles of range and a starting price tag of $40,000 that marks the beginning of a four-year plan aiming for growth and profitability. The Nissan Ariya will first be sold in Japan in mid-2021, before heading to dealerships in the U.S. and Canada […]
  5. Layer is not trying to replace Excel or Google Sheets. Instead the Berlin-based productivity startup wants to make life easier for those whose job entails wrangling massive spreadsheets and managing data inputs from across an organization — such as for budgeting, financial reporting or HR functions — by adding a granular control access layer on […]
  6. The speculation that Alibaba’s fintech affiliate Ant Group will go public has been swirling around for years. New details came to light recently. Reuters reported last week that the fintech giant could float as soon as this year in an initial public offering that values it at $200 billion. As a private firm, details of […]
  7. The e-reader category was exciting once — or at least as exciting as one could hope from such a space. It was a vibrant category, with plenty of key players, each looking to outdo one another. But as is the case with a depressing number of verticals, Amazon has largely wiped the floor with the […]
  8. Adam Neumann, the controversial co-founder and former CEO of WeWork, has taken a 33% equity stake in GoTo Global, a shared mobility company that operates in Israel and Malta and aims to expand into Europe later this year. Neumann’s family office, 166 2nd Financial Services, invested $10 million into GoTo Global, as part of a […]
  9. Lawmakers in Texas just gave Tesla and its CEO Elon Musk another incentive to locate its next factory there. Commissioners in Travis County, home to Austin and the possible next Tesla factory, approved Tuesday property tax breaks worth at least $14.7 million — and potentially more — over 10 years. The incentives are on top […]
  10. Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.