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US removes Xiaomi’s designation as a Communist Chinese Military Company

US removes Xiaomi’s designation as a Communist Chinese Military Company

by admin | May 26, 2021 | News

Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist that designated it as a Communist Chinese Military Company. The U.S. District Court for the District of Columbia...
Tiger Global leads $30 million investment in Indian Twitter rival Koo

Tiger Global leads $30 million investment in Indian Twitter rival Koo

by admin | May 26, 2021 | News

Investors are backing Koo, an Indian alternative to Twitter, with large size checks at a time when tension is brewing between the American social network and New Delhi. The Indian startup said on Wednesday it has raised $30 million in a financing round led by Tiger...
Emotion-detection software startup Affectiva acquired for $73.5M

Emotion-detection software startup Affectiva acquired for $73.5M

by admin | May 26, 2021 | News

Smart Eye, the publicly traded Swedish company that supplies driver monitoring systems for a dozen automakers, has acquired emotion-detection software startup Affectiva for $73.5 million in a cash-and-stock deal. Affectiva, which spun out of the MIT Media Lab in 2009,...
Getty Images leads $16M investment in Promo.com, a social video template tool

Getty Images leads $16M investment in Promo.com, a social video template tool

by admin | May 25, 2021 | News

The social video tool Promo.com just raised $16 million in a Series B round led by Getty Images, the company synonymous with stock imagery. Brands, creators or whoever else might need some quick and dirty video content can search Promo.com for what they need, just...
Daily Crunch: Before the pandemic, Expensify made remote work cool and profitable

Daily Crunch: Before the pandemic, Expensify made remote work cool and profitable

by admin | May 25, 2021 | News

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome to Daily Crunch for May 25, 2021. Whether you are a developer, a startup fanatic or merely someone with wanderlust, we have...
Tesla is no longer using radar sensors in Model 3 and Model Y vehicles built in North America

Tesla is no longer using radar sensors in Model 3 and Model Y vehicles built in North America

by admin | May 25, 2021 | News

Tesla Model Y and Model 3 vehicles bound for North American customers are being built without radar, fulfilling a desire by CEO Elon Musk to only use cameras combined with machine learning to support its advanced driver assistance system and other active safety...
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