Technology

With the holiday shopping season well underway and showing signs that it might not be as sluggish as some predicted, a startup out of Austin, Texas, is announcing funding to build out  a new approach to shipping, to help retailers compete against the consumer pull of fast and free Amazon Prime delivery. Maergo — which […]

Maergo raises $20M to provide Amazon-style fast and cheap air and ‘middle mile’ services to online retailers by Ingrid Lunden originally published on TechCrunch

For investors, assessing a portfolio company’s AI-readiness today is just as important as scrutinizing its books.

3 methods for investors assessing AI-readiness in portfolio companies by Ram Iyer originally published on TechCrunch

In the past year, MarginEdge grew its revenue 100% and is now working with 4,000 customers and processing 80,000 invoices per week.

MarginEdge lands $45M to give restaurants real-time spend data by Christine Hall originally published on TechCrunch

Xiaomi’s business head in India has resigned as the Chinese smartphone giant faces regulatory pressure and intense scrutiny from the Indian government and sees growing competition from other homegrown Chinese vendors as well as Samsung. Raghu Reddy, Chief Business Officer, who was one of the prominent public faces and a part of the leadership team, […]

Xiaomi’s India business head quits amid growing scrutiny by Jagmeet Singh originally published on TechCrunch

Grant money meant to help cities prepare for terror attacks is being spent on surveillance technology for US police departments, a new report shows.  It’s been known that federal funding props up police budgets, but the new report, written by the advocacy organizations Action Center on Race and Economy (ACRE), LittleSis, MediaJustice, and the Immigrant…

China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. On December 1, 2019, the first known covid-19 patient started showing symptoms in Wuhan. Three years later, China is the last country in the world holding on to strict pandemic control restrictions. However, after days…

Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC. Additionally, the Swedish company said […]

Autonomous and electric truck company Einride raises $500M in equity and debt by Paul Sawers originally published on TechCrunch