Tag: United States
Female-founded startups landed more deals globally in 2019 than ever before
We all know the disruptive stories of female-founded startups like Glossier and ezCater. And we also know how those success stories belie the much harder time thousands of other women entrepreneurs have when it comes to raising capital. That’s why it’s so important to have historical data and a window…
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US threatens to pull big tech’s immunities if child abuse isn’t curbed
The Department of Justice is proposing a set of voluntary principles that take aim at tech giants in an effort to combat online sexual abuse. The principles are part of a fresh effort by the government to hold the tech companies accountable for the harm and abuse that happens on…
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Ford is building an all-electric Transit cargo van for the U.S. market
Ford said it will produce and sell an all-electric version of its popular Ford Transit cargo van for the North American market starting with the 2022 model year as part of the automaker’s broader bet on electrification. The all-electric Transit, which will be assembled in the U.S., is part of…
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NASA moves forward with 17 companies as part of bid to transform urban aerial transportation
NASA and a clutch of startup and established companies are moving forward with plans to transform mobility in urban environments through the Urban Air Mobility Grand Challenge. If it’s fully implemented, the new Urban Air Mobility system could enable air transit for things like package delivery, taxi services, expanded air…
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Stocks fall despite Fed intervention, dragging tech shares down once again
On a day that saw the U.S. Federal Reserve try to flip the only switch it can to light up investor confidence, investors remained unconvinced of the short-term financial prospects of the U.S. and global economies. All three major indices saw red on Tuesday after a sharp Monday rally partially…
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Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom
VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startups over the next 18 months. The group — with offices in London, Lagos and Nairobi — is looking for tech-enabled, revenue-driven ventures in Africa from seed-stage to Series…
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