Tag: new york
Sonos will lay off 12 percent of its workforce due to COVID-19
Sonos is the latest company to announce layoffs due to the COVID-19 pandemic. It plans to eliminate 12 percent of its global headcount and close its New York retail store and six satellite offices. The company outlined these plans in a filing with th… Source
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Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm
New York-based fintech startup Wahed (meaning ‘One’ in Arabic) describes itself as a digital Islamic investment platform and as the world’s first ‘halal robo adviser’. It’s now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of oil…
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NYC’s push for citywide contactless transit payment is delayed by COVID-19
Last May, New York City’s Metro Transit Authority opened out the first contactless payment systems at select subway station turnstiles. The systemwide rollout was set to be completed at all subway stops and buses this October. Like so many things in this life, however, COVID-19 put a damper on those…
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Book publishers sue Internet Archive for allegedly enabling piracy
When libraries around the US began closing their doors due to the coronavirus pandemic, the Internet Archive (IA) responded by creating a “National Emergency Library,” a collection of 1.4 million books from its free e-book repository Open Library. Pu… Source
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Tia Health gets over $24 million to build a network of holistic health clinics and virtual services for women
Tia Health, the developer of a network of digital wellness apps, clinics and telehealth services designed to treat women’s health holistically, has raised $24.275 million in a new round of funding. The company said that the financing would support the expansion of its telehealth and clinical services to new markets,…
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Carry1st has $4M to invest in African mobile gaming
Gaming development startup Carry1st has raised a $2.5 million seed round led by CRE Venture Capital . That brings the company’s total VC to $4 million, which Carry1st will deploy to support and invest in game publishing across Africa. The startup — with offices in New York, Lagos, and South…
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