VC firm Otium Venture becomes Frst and raises new fund

By admin In News, Technology No comments

VC firm Otium Venture becomes Frst and raises new fundIt’s a breakup of some sort, but with no hard feelings. The team behind Paris-based VC firm Otium Venture is creating a new management company called Frst and raising a new fund. But first, let’s talk about Otium Venture. Smartbox founder Pierre-Edouard Stérin’s family office created […]

Read more

Online community theAsianparent raises Series C to add e-commerce and expand into new markets

By admin In News, Technology No comments

Online community theAsianparent raises Series C to add e-commerce and expand into new marketsTheAsianparent, Southeast Asia’s largest online community and content platform for mothers with 23.5 million monthly active users, announced today that it has raised a Series C led by Fosun Group, the Chinese conglomerate. The amount was undisclosed, but a person familiar with […]

Read more

Bankrupt Maker Faire revives, reduced to Make Community

By admin In News, Technology No comments

Bankrupt Maker Faire revives, reduced to Make CommunityMaker Faire and Maker Media are getting a second chance after suddenly going bankrupt, but they’ll return in a weakened capacity. Sadly, their flagship crafting festivals remain in jeopardy, and it’s unclear how long the reformed company can survive. Maker Media suddenly laid off all 22 employees and […]

Read more

May Mobility reveals prototype of a wheelchair-accessible autonomous vehicle

By admin In News, Technology No comments

May Mobility reveals prototype of a wheelchair-accessible autonomous vehicleAutonomous transportation startup May Mobility is doing more than just talking about accessibility when it comes to self-driving transportation tech development. The company recently began developing a wheelchair-accessible prototype version of its autonomous shuttle vehicle, and just concluded an initial round of gathering feedback from the community […]

Read more

Apple has pushed a silent Mac update to remove hidden Zoom web server

By admin In News, Technology No comments

Apple has pushed a silent Mac update to remove hidden Zoom web serverApple has released a silent update for Mac users removing a vulnerable component in Zoom, the popular video conferencing app, which allowed websites to automatically add a user to a video call without their permission. The Cupertino, Calif.-based tech giant told TechCrunch that […]

Read more

Bird plans to hire 1,000 people in Paris

By admin In News, Technology No comments

Bird plans to hire 1,000 people in ParisScooter startup Bird is betting on the French market in a significant way. The company plans to open up its biggest European office in Paris. Eventually, Bird wants to hire 1,000 people by mid-2021, which is a meaningful number for a company that has been around for a […]

Read more

Virgin Orbit performs a successful drop test of its LauncherOne rocket launch system

By admin In News, Technology No comments

Virgin Orbit performs a successful drop test of its LauncherOne rocket launch systemRichard Branson-backed space startup Virgin Orbit has completed a key step along its path to launching satellites for commercial customers. The company held a successful “drop test” of its LauncherOne rocket, in which the crucial piece of its launch system was released in […]

Read more