• Uber and Yandex merge their ridesharing services to form a new $3.8 billion company targeting Russia and neighboring markets

    Here’s a bolt out of the blue: Uber is partnering with Yandex, the Google of Russia, to launch a new standalone company that merges their respective ridesharing services to target Russia, Kazakhstan, Azerbaijan, Armenia, Belarus, and Georgia. The new company, tentatively titled “NewCo,” will be 59.3 percent owned by Yandex, 36.6 percent...

  • Rover raised $65 million for pet sitting

    walking the dog Finding temporary housing for your dog should be as easy as renting an Airbnb. That’s the idea behind Rover, which raised $65 million to expand its pet sitting and dog-walking businesses. The Seattle-based company got a significant vote of confidence from Spark Capital, which is leading the...

  • China Is Getting a KFC Branded Smartphone

    Coming fresh off the heels of last month's BEAMS x McDonalds capsule, the fast food collaboration trend continues at pace with another unlikely pairing -- KFC and Huawei. A China exclusive, celebrating 30 years since the Colonel's wares first arrived on its shores, the telecoms giant and fried chicken empire have linked...

  • NASA Releases Juno’s First Stunning Close-Ups of Jupiter’s Giant Storm

    NASA's Juno spacecraft has sent back the first photos from its close flyby over Jupiter's famous Great Red Spot. These images offer the closest ever view of the massive storm. The Verge reports: Juno has been orbiting Jupiter for a little over a year o...

  • Rover raises $65 million to grow its dog-sitting platform globally

    Rover, the online platform dedicated to connecting dog-owners with a range of services including walkers, has raised $65 million in a round of funding led by Spark Capital, with participation from Menlo Ventures, Foundry Group, Omers Ventures, Technology Crossover Ventures, Bespoke Strategies, and StepStone Group. Founded out of Seattle in 2011, Rover allows...

  • Autotech Ventures closes $120 million first fund to connect automotive giants with startups

    With no shortage of venture capital (VC) funds in Silicon Valley and beyond, one VC firm has elected to focus its entire efforts on one fast-growing niche. Founded out of Menlo Park, California, in 2015, Autotech Ventures has set up shop with a specific focus on automotive startups, bankrolling multi-stage companies that operate across...

  • Tech startups fight sexual harassment with tougher policies

    (Reuters) — Kristina Bergman made an unusual decision when she founded Integris Software in early 2016: she included an anti-sexual harassment clause firmly in her company’s voting agreement with investors. The clause calls for an investigation should any board director be accused of sexual harassment. If it is found that there was...

  • Private Company Plans To Bring Moon Rocks Back To Earth In Three Years

    mi writes: Moon Express, founded in 2010 to win the Google Lunar XPRIZE, says it is self-funded to begin bringing kilograms of lunar rocks back to Earth within about three years. "We absolutely intend to make these samples available globally for scient...

  • VR: Cold, hard data conquers Vomit-o-Tron and other VR fails (VB Live)

    VB LIVE: The reality is virtual, but successful VR games still require cold, hard data. Make success a reality: Register now for our latest interactive VB Live event, where we’ll tap industry experts on how they turned data and analytics into a VR game at the top of the charts. Register here...

  • Era of ‘Biological Annihilation’ Is Underway, Scientists Warn

    Tatiana Schlossberg reports via The New York Times (Warning: source may be paywalled, alternate source): From the common barn swallow to the exotic giraffe, thousands of animal species are in precipitous decline, a sign that an irreversible era of mass...

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