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Showing posts from July, 2017

Fintech startup Omise raises $25M in ICO that bucks ‘money grabbing’ trend

 By now you’ve probably heard of ICOs. The alternative fundraising option has been used to raise more than $500 million in funding this year alone, but it has gotten a reputation for unfinished products and untested teams raising gargantuan sums. One company may have just shown that there is a responsible way to handle an ICO. Omise, a fintech startup based in Thailand, has closed $25… Read More from TechCrunch via July 31, 2017 at 01:00PM

The Casio GPW-2000-1A Gravitymaster will follow you around the world

 With a name like GRAVITYMASTER the Casio GPW-2000-1A had better make you fly. Sadly, it doesn’t. However, it can help you while you jet from spot to spot. The $800 GPW-2000-1A is specifically designed for pilots and travelers. It connects to your phone or the local GPS positioning satellites to set the time at your current location and a second timezone. Further, it has a clever Flight… Read More from TechCrunch via July 30, 2017 at 01:01PM

Payments giant Worldpay agrees to a $10B acquisition offer from Vantiv

 A day after payments company Worldpay confirmed that it had been approached by Vantiv and JPMorgan for a possible acquisition, today the company confirmed that it has agreed to the terms of an offer from one of them, Vantiv. The US payments company is offering £3.85 per share, working out to around £7.7 billion (or just under $10 billion) for the company, which competes with Verifone,… Read More from TechCrunch via July 29, 2017 at 01:01PM

Volvo will only make electric and hybrid cars starting in 2019

 Volvo is done with entirely traditional engines and exclusively gas-powered vehicles, the company announced. By 2019, Volvo group intends to offer only either fully electric or hybrid engines on all new models, making it the first automaker to commit to using only alternative drive trains. The end of the solely combustion engine-powered car did seem like an eventual inevitability, given the… Read More from TechCrunch via July 28, 2017 at 01:00PM

Baidu’s Apollo platform becomes the ‘Android of the autonomous driving industry’

 Baidu now claims one of the largest partner ecosystems for an autonomous driving platform in the world: Its Apollo autonomous driving program now counts over 50 partners, including FAW Group, one of the major Chinese carmakers that will work with Baidu on commercialization of the tech. Other partners include Chinese auto companies Chery, Changan and Great Wall Motors, as well as Bosch… Read More from TechCrunch via July 27, 2017 at 01:00PM

Qonto launches its digital bank accounts for small companies

 French startup Qonto has raised another $11.3 million (€10 million) from existing investors Valar Ventures and Alven Capital. The company is now also open for business. You can now create a French business bank account on the company’s website. Qonto wants to become the N26 of business accounts. While retail banking hasn’t changed quickly enough over the past few years, it feels… Read More from TechCrunch via July 26, 2017 at 01:00PM

US lifts laptop ban on airline passengers flying with Etihad, Emirates and Turkish

 The U.S. government has lifted the controversial laptop ban for flights to the U.S. for three major airlines. Effective immediately, Etihad Airways, Emirates Airline and Turkish Airlines have all been cleared to allow customers to bring electronic devices, including laptops, tablets and e-readers, on flights from the Middle East into the U.S.. That still leaves another six airlines, each of… Read More from TechCrunch via July 25, 2017 at 01:01PM