August 2018

Stealthy Singapore VC firm Qualgro is raising a $100M fund

By | August 21st, 2018|Technology|

Founder Heang Chhor previously spent 26 years with McKinsey Southeast Asia’s venture capital space is booming right now. Openspace Ventures just announced the close of its newest $135 million fund, Golden Gate Ventures hit the first close on its upcoming $100 million vehicle, and a third Singapore-based fund is also raising big right now: Qualgro. Unlike [...]

Stratolaunch announces new launch vehicles and reusable space plane

By | August 21st, 2018|Technology|

Stratolaunch, the commercial space firm founded by Paul Allen back in 2011, has revealed a bit more of its plan for taking payloads to orbit via one of the world’s biggest planes. It’s now working on a pair of its own rocket-powered launch vehicles, and is in the early phases of creating a reusable, crew-capable [...]

The SEC has charged Mike Rothenberg for fraud

By | August 20th, 2018|Technology|

Mike Rothenberg, infamous Silicon Valley venture capitalist and founder of Rothenberg Ventures, has been formally charged by the Securities and Exchange Commission for overcharging investors to fund personal projects. Rothenberg had been under investigation by the SEC for quite some time. The SEC now alleges in a statement the investor and his firm had misappropriated [...]

RDMD attacks rare diseases with data mined from health records

By | August 20th, 2018|Technology|

You wouldn’t expect a medical app to get its start as a Snapchat competitor. Neither did video chat startup TapTalk’s founder Onno Faber. But four years ago he was diagnosed with a rare disease called Neurofibromatosis Type 2 that caused tumors leading Onno to lose hearing in one ear. He’s amongst the one in ten people with [...]

SoftBank’s Vision Fund to help Chinese online insurance giant ZhongAn go international

By | August 20th, 2018|Technology|

SoftBank’s Vision Fund is backing Chinese online insurance giant ZhongAn through its latest investment, which could take the company — which has struggled for stability following a monster IPO last year — into international markets. The Vision Fund announced today it has made an undisclosed investment in ZhongAn International, the global arm of the five-year-old company created by $200 [...]

Original Content podcast: ‘To All The Boys I’ve Loved Before’ is a charming high school romance

By | August 20th, 2018|Technology|

While Hollywood’s interest in romantic comedies seems to be fading, Netflix has been picking up some of the slack. Just a few months ago, it released the tremendously fun Set It Up. And now we’ve got To All The Boys I’ve Loved Before, a high school romance based on the young adult novel by Jenny Han. [...]

The Kindle Voyage is no longer available from Amazon

By | August 19th, 2018|Technology|

The Kindle Voyage is no more. The e-reader is currently unavailable through Amazon, as noted by a few sites. You can still pick up a refurbed version through the retailer, but listings for the new model note that, “[t]his item is only available from third-party sellers.” TechCrunch confirmed that the product is no longer available [...]

HUD complaint accuses Facebook ads of violating Fair Housing Act

By | August 19th, 2018|Technology|

A new complaint filed Friday by the U.S. Department of Housing and Urban Development (HUD) accuses Facebook of helping landlords and home sellers violate the Fair Housing Act. According to the grievance filed by the department, Facebook’s ad settings let sellers disregard laws by targeting specific demographics. HUD says that the ability to tailor Facebook [...]

Gaming in Asia may be crypto’s killer decentralized app

By | August 19th, 2018|Technology|

As money and talent flows into the crypto and blockchain worlds, a persistent question keeps coming up: what is going to be the “killer app” that drives adoption for these nascent technologies? The answer may well be quite simple: gaming in Asia. That’s the theory for Cryptokitties, the notable purveyor of cute cats. The company has [...]

Global unicorn exits hit multi-year high in 2018

By | August 19th, 2018|Technology|

Joanna Glasner Contributor More posts by this contributor Boston-area startups are on pace to overtake NYC venture totals Home run exits happen stealthily for biotech Unicorn exits are taking flight. With the IPO window wide open, an apparent record number of venture-backed companies privately valued over $1 billion have launched public offerings this year. Crunchbase [...]