Tech

Sono Motors, the company building an electric vehicle that’s partially powered by the sun, debuted its flagship Sion in New York City this week as part of a multi-city tour throughout the U.S. The company aims to launch the $25,000 five-seater hatchback in Europe first — production is expected to start in the second half
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A ‘Prevention of Future Deaths’ report following a U.K. coroner’s inquest into the suicide of British schoolgirl, Molly Russell, who killed herself almost five years ago after viewing content on social media websites that promoted self harm, has recommended the government looks at requiring age verification on sign-up to social platforms to ensure the separation
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Even the largest landfills in Indonesia are at (or nearing) capacity, and the government has set an ambitious target of 30% waste reduction by 2025. Waste4Change is one of the companies that wants to help by increasing rates of recycling and enabling better waste management. The startup, which currently manages more than 8,000 tons of
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Venture debt was never meant to be used to bail a company out of financial trouble. And yet, when venture capitalists started to pull back from equity investing earlier this year because frothy market conditions made them realize that valuations were too high, it became a topic of discussion again. Across the industry, from founders
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We are getting a more realistic update on the startup funding landscape in India, and as is true elsewhere, all the figures are in red in the South Asian market. Indian startups raised $3 billion in the quarter that ended in September, down 57% from the previous quarter and 80% year-over-year, market intelligence platform Tracxn
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What constitutes a big phone in 2022? It’s been a moving target for a number of years now — albeit a target that has been steadily moving in a single direction. It’s tough to determine the exact average display size, but most flagship smartphone screens generally fall somewhere between six and seven inches. In 2010,
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Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. I think it took maybe three days after I roasted our rather dry M&A season for the news cycle to prove me wrong. This week we saw Naver acquire Poshmark, Duolingo buy
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FlyFeed claims it signed more than $10 million worth of contracts and closed a $3 million round of investment to launch its first insect farm in Vietnam, in its push to produce low-cost, high-nutrient protein for human consumption. The company was founded less than a year ago and is targeting the three billion people who
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In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees. Their workforces combined make up 83.1% of all corporation employees in the country, totaling about 17.1 million people, according to OECD data. To help meet SMEs’ financial needs in the country, Seoul-based fintech
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The UK government has confirmed another pause to draft digital legislation under new prime minister Liz Truss’ reshuffled cabinet — saying the data reform bill it had introduced in recent months is on hold while ministers take another look. The paused bill contained a package of amendments to the UK’s data protection regime, which remains based
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Entertainment platform Fandom announced today its acquisition of seven entertainment and gaming brands from media company Red Ventures, including online publications Comic Vine, Cord Cutters News, GameFAQs, GameSpot, Giant Bomb, Metacritic, and TV Guide. While the financials of the deal were not disclosed in the official announcement, Fandom told TechCrunch that the deal cost somewhere
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Prosus Ventures has called off the $4.7 billion merger of BillDesk it announced last year, saying “certain conditions precedent” were not fulfilled in a surprising development a month after the proposed acquisition received approval from the local antitrust watchdog. “Certain conditions precedent were not fulfilled by the 30 September 2022 long stop date, and the
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