Amazon and Nike are contemplating takeovers of the exercise brand Peloton, according to recent reports. Peloton enjoyed soaring sales of its exercise bikes and treadmills during the pandemic as global lockdown measures…
What is a Learning Management System?
Rouben David, of CourseForMe.com, outlines the features and benefits of Learning Management Systems, whose use has become more vital during the COVID-19 pandemic. Learning is a lifetime activity that starts from the…
For Vertical Farms to Succeed, Sensors Must Take Center Stage
Vertical farming—the process of cultivating produce in stacked, indoor shelves, rather than side-by-side in fields—is a fast-growing industry (pardon the pun). Since it was conjured (or revived, depending who you ask) in…
Meesho is SoftBank’s Latest Big Buy
Meesho, India’s largest reselling website, has negotiated a $250 million funding round led by SoftBank’s Vision Fund, the Economic Times has reported. The round, if completed, will value Meesho at between $1.5bn…
GameStop Stock Fiasco Shows Need to Reframe Tech Employment Debate
A raft of market watchdogs has warned investors in GameStop—many of whom are homespun traders using Reddit or Robinhood—may be in danger of breaking the law. Shares in the video gaming retailer…
Chinese Self-Drive Startup Uisee Raises $155m
Uisee, a Chinese autonomous mobility startup, has announced a $155 million funding round, as China continues to dominate emerging markets for self-driving and new-energy vehicles (NEVs). In a signal that China’s Communist…
Deaths and Self-immolation Prompts China Tech Hours Reckoning
The death of an e-commerce employee in western China has caused an outcry about lengthy working hours at the country’s tech giants – with state media joining the call. On December 29…
Germany’s Auto Giant Switches Focus to China NEV Market
Volkswagen, Germany’s largest company, knows where its future lies. The Wolfsburg-based giant, with quarterly revenues of $69 billion, has committed $91bn to electric vehicles (also shortened to NEVs, or new energy vehicles)…
Better Dairy Wins $2.2m to Scale its Animal-Free Dairy Produce
London-based Better Dairy, a startup using fermentation technology to produce dairy proteins, has secured a $2.17m to continue researching its solution and bring products to market by 2022. The seed round was…
Flipkart’s Payments Firm PhonePe in Partial Spin-out, Valued at $5.5bn
Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The deal, which makes PhonePe $700 million in primary capital, boosts Bengaluru-based PhonePe’s…