Month: March 2021
Bird to spend $150 million on European expansion plan
Shared micromobility startup Bird said it is investing $150 million into a European expansion plan that will including launching in more than 50 cities this year, a move that it says will double its footprint in the region. This growth plan is already underway with Bird recently bringing its scooters…
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Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services
Sherpa, a startup from Bilbao, Spain that was an early mover in building a voice-based digital assistant and predictive search for Spanish-speaking audiences, has raised some more funding to double down on a newer focus for the startup, building out privacy-first AI services for enterprise customers. The company has closed…
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Google facing $5bn lawsuit over Chrome’s not-so-incognito mode Google
A lawsuit that alleges that Google Chrome tracks users even in its incognito mode has been given the go-ahead after a judge ruled against Google’s request for dismissal. A class action lawsuit, originally filed in the United States in June 2020 and seeking $5bn in damages, alleges that the browser…
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Bird will double its size in Europe with massive $150 million spend
Bird says it will spend $150 million on a major expansion in Europe. The Santa Monica-based scooter sharing company announced that it will bring its battery-powered two-wheelers to 50 new cities on the continent in the coming months, in addition to growing its fleet in its current markets. The move…
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India will reportedly introduce bill to make owning cryptocurrency illegal
India is reportedly moving forward with a sweeping ban on cryptocurrencies. According to Reuters, the country’s legislature will introduce a bill that criminalizes trading, mining, issuing, transferring, or possessing cryptocurrency. The bill is likely to pass if it’s introduced, giving India some of the world’s strictest digital currency laws. Under…
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Daily Crunch: Stripe valued at $95B
Stripe gets a mind-boggling valuation, Facebook promotes COVID vaccines and Elon Musk has an interesting new title. This is your Daily Crunch for March 15, 2021. The big story: Stripe valued at $95B That’s right: The popular payments company has raised $600 million in new funding at a $95 billion…
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