Tech News

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous $14 billion. The rumors have been flying about this huge financing deal for the past month or so, with ...

Back in 2015, Google launched an initiative to bring free WiFi to India’s railway stations and today the U.S. tech giant announced that the program has passed its target of reaching 400 stations, attracting a base of eight million users in the process. The milestone was hit today when Dibrugarh station ...

Innoviz, a developer of light detection and ranging technologies for computer vision and autonomous vehicles, is getting a toehold in China, the world’s fastest growing auto market, through a partnership with the Chinese automotive supplier HiRain Technologies. From offices in Beijing, Chicago, Detroit, Shanghai, Tianjin HiRain serves as a global ...

Drivers of Southeast Asia-based Grab can now become mini convenience stores. That’s because the ride-hailing company, which bought out rival Uber’s local business earlier this year, has teamed up with U.S. startup Cargo to sell a selection of items to passengers during their ride. New York-based Cargo claims it can help drivers ...

FinCompare, the German fintech startup that offers a comparison platform for SME financing, has closed €10 million in Series A funding. The round is led by ING Ventures, the venture capital arm of dutch bank ING. The company’s previous backers Speedinvest, and UNIQA Ventures also followed on. The comparison site ...

The slow-motion privacy train wreck that is Facebook has many users, perhaps you, thinking about leaving or at least changing the way you use the social network. Fortunately for everyone but Mark Zuckerberg, it’s not nearly has hard to leave as it once was. The main thing to remember is ...

With WWDC a couple of days out, we’re coming up on one year since Apple first showed off its glitzy answer to the Amazon Echo and Google Home smart speakers. It took more than 8 months from then for the HomePod to finally hit shelves, and it took up until ...

Earlier today, General Motors’ Cruise received a $2.25 billion investment from SoftBank’s Vision Fund. Once that deal closes, GM will invest another $1.1 billion. SoftBank landed on Cruise because it’s one of “a handful that in our view have a meaningful opportunity in front of them,” SoftBank Vision Fund Managing ...

Xiaomi’s very-iPhone-X-looking Mi 8 smartphone was the highlight of its Shenzhen press event today, but the company did also unveil a number of other notable products, including an updated version of its popular fitness band. The Mi Band has always offered a solid performance at around $30 — to the ...

Amazon introduced 10 percent savings at Whole Foods for Prime members earlier this month, and today it kicked off a nationwide expansion of the initiative. The Prime Whole Foods discount — one of a number of measures following Amazon’s acquisition of Whole Foods — has expanded to 12 more states, including ...