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Tag: News

Ford partners with Walmart and Postmates to test autonomous grocery delivery

Ford is partnering with Walmart and Postmates to test the business of delivering goods like groceries and pet food using self-driving vehicles. The pilot project is focused on Miami-Dade County, according to Ford’s announcement Wednesday. This is an area where Ford is already embedded and testing out what a commercial self-driving vehicle business might look…

Discover the next messaging giant at Disrupt Berlin

Truecaller may already be a familiar name, but many of you probably don’t know that it’s slowly becoming a significant messaging app. That’s why I’m excited to announce that Truecaller co-founder and CEO Alan Mamedi will join us at TechCrunch Disrupt Berlin. Truecaller first started as a call screening app. Some countries are more affected…

Loans marketplace Mintos scores €5M Series A and plans to launch a debit card

Mintos, the Latvian fintech that operates a global loans marketplace to let you invest in loans from various loan originators, has raised €5 million in Series A funding. Backing the startup once again is the Riga-based venture capital firm Grumpy Investments (previously known as Skillion Ventures). More noteworthy, the new capital will be used to…

Withings launches a fitness tracker for some reason

Withings is back with, of all things, a fitness tracker. It’s a bit of an odd addition, two months after the company re-launched, post-Nokia. The company’s first product, the Steel HR Sport, picked up where it left off with another sport-focused hybrid smartwatch. The Pulse HR, meanwhile, finds it looking back at wrist-worn fitness trackers.…

The forgotten ‘Facebook of China’ is sold for $20M

Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media,…

Snap is being probed over its IPO because some investors are salty about losing money

Here’s something I didn’t expect to read today. The U.S. Justice Department and Securities and Exchange Commission has subpoenaed Snap for details on its IPO apparently in connection with a lawsuit from disgruntled shareholders who claim the company played down its rivalry with Instagram. Reuters first reported on the subpoenas which Snap has confirmed. Precise details…