BEIJING (Reuters) – Growth in China’s real estate investment hit 10.9% in the first six months of the year on an annual basis, easing from 11.2% in January-May, official data showed on Monday. It marked the slowest pace seen since 2018, when it grew 9.5% ye…
Deliveroo’s investment from Amazon has been paused. Getty Images The UK competition watchdog regulator hit pause on Amazon’s investment in Deliveroo on Friday, after raising concerns that the companies “have ceased to be distinct” through an initial enforce…
eSports viewership is on the rise. Thanks in part to streaming services such as Twitch, the number of eSports fans globally is anticipated to surge 59% over the next four to five years. This rapid expansion, coupled with the tendency for eSports spectators …
As I learned firsthand, the hybrid system in the new Police Interceptor Utility provides a fair amount of hustle. Ford Ford Motor Company has a host of new hybrid SUVs on its hands. Given the ever-growing demand for SUVs, it’s probably safe to say that folk…
Microsoft announced a $1 billion investment in OpenAI, a lab co-founded by Elon Musk to develop “artificial general intelligence.” The investment is the start of a long-term partnership between the two organizations. OpenAI will ensure its services work on M…
Richard Branson’s space tourism company, Virgin Galactic, is going public, which will make it the first publicly listed human spaceflight company. First reported by the Wall Street Journal and confirmed by VG, a special-purpose acquisition company (SPAC) cal…
SoftBank Group announced today that it will launch its second Vision Fund with participation from Apple, Foxconn, Microsoft and other tech companies and investors. Called the Vision Fund 2, the fund will focus on AI-based technology. SoftBank said the funds c…
Sweet Escape, a startup founded in Indonesia that helps connect photographers with customers, is all smiles today after it announced a $6 million Series A round. The company — which was profiled by TechCrunch last year — said that the investment was led by S…
Over the past five years, Kubernetes has grown from a project inside of Google to an open source powerhouse with an ecosystem of products and services, attracting billions of dollars in venture investment. In fact, we’ve already seen some successful exits, in…
Didi Chuxingannounced today that it has received new investment totaling $600 million from Toyota Motor Corporation. As part of the deal, the two companies will also set up a joint venture with GAC Toyota Motor to provide vehicle-related services to drivers o…