In emerging markets, up to 80% of the population may have to rely on informally-run public transport to get around. Literally, privately-run buses and cars. But journey-planning apps that work well for commuters in developed markets like New York or London do not work well in emerging markets, which is why you can’t just flip […]

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Let's take a look at how elevated stock prices remain and what that means for tech multiples, and then look at the January and February VC markets in U.S., China and Europe.

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It wasn’t a fad. Yolo became the country’s No. 1 app just a week after launch by letting teens ask for anonymous replies to questions they posted on Snapchat. But nine months later, Yolo is still in the top 100 iOS apps and has 10 million active users. Now it’s safeguarding the app from predators […]

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Building a rocket is a big operation, even when you’re printing them from the ground up, like Relativity Space . The launch startup is graduating from its initial office, which is a bit cramped for assembling rockets, to a huge space in Long Beach, where the company will go from prototype to first flight. We […]

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There were the times when it seemed like Walt Disney CEO Bob Iger might be the last Hollywood executive standing. Yes, Iger’s been openly thinking about retirement and searching for a successor — a search that culminated in this week’s announcement that he’d be stepping down from the CEO role immediately, with Disney Parks Chairman […]

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Thus far in this series we’ve outlined “multiverse” virtual worlds — a concept different from the metaverse — as the next stage of social media and what this future will look like. It begs the question though: if video games have been massively popular for many years, why hasn’t this shift to online virtual worlds […]

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What a week. What an insane, heart-stopping, odd and stuffed week. I'm utterly exhausted. But, in better news, all of that is great fodder for podcast and chat, so today's Equity is pretty okay, if I may say so.

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The Geneva Motor Show is the latest trade show to cancel over fears of the coronavirus. The Swiss auto show is one of the largest car shows in the world and is usually the venue where high-end and exotic auto makers roll out new models and wild concepts. The show, like most auto shows, is […]

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A 9-year-old is smashing the shuttle far and wide, frantically pacing back and forth on the court in Bangalore, India, as her competition refuses to back down. Her rival is not a human. She is playing against a machine that is mimicking the game of badminton legend P.V. Sindhu, toned down a few notches to […]

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Amazon Web Services has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in a collaboration that could spell competition between American cloud providers in Africa. In a statement to TechCrunch, the East African company framed the arrangement as a “strategic agreement” whereby Safaricom will sell AWS services (primarily cloud) […]

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After claiming that it would only sell its controversial facial recognition software to law enforcement agencies, a new report suggests that Clearview AI is less than discerning about its client base. According to BuzzFeed News, the small, secretive company looks to have shopped its technology far and wide. While Clearview counts ICE, the U.S. Attorney’s […]

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After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, SoftBank announced this month that it would add an additional $1 billion into the fund.

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Like baseball, cricket relies on grass, dirt, wood, cork, spit, spin, drop and rise en route to either victory or loss. And like baseball — and just about any other sport, really — cricket coaching staffs and their players worldwide are looking for more ways to track every move. Tracking statistics is nothing new. With […]

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The U.S. Senate today voted unanimously to pass the Secure and Trusted Telecommunications Networks Act. Written as a response to recent concerns around Chinese hardware manufacturers, the bill would ban purchase of telecom equipment from embattled Chinese manufactures like Huawei and ZTE. H.R. 4998, which passed the House last December, would also include $1 billion […]

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Contract management service DocuSign today announced that it is acquiring Seal Software for $188 million in cash. The acquisition is expected to close later this year. DocuSign, it’s worth noting, previously invested $15 million in Seal Software in 2019. Seal Software was founded in 2010, and, while it may not be a mainstream brand, its […]

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