WASHINGTON (AP) — President Joe Biden is nominating eight new leaders for U.S. attorney positions across the country, including in the office overseeing the prosecutions of hundreds of defendants charged in the Jan. 6 insurrection at the Capitol.The nominees announced by the White House on Monday come as the Justice Department is continuing to round…
Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including Stripe-owned Paystack, PiggyVest, and TeamApt. Today, the investor is announcing the launch of Voltron Capital, a Pan-African venture capital firm he co-founded with…
NotCo, a food technology company making plant-based milk and meat replacements, wrapped up another funding round this year, a $235 million Series D round that gives it a $1.5 billion valuation. Tiger Global led the round and was joined by new investors, including DFJ Growth Fund, the social impact foundation, ZOMA Lab; athletes Lewis Hamilton…
If efforts by states and cities to pass privacy regulations curbing the use of facial recognition are anything to go by, you might fear the worst for the companies building the technology. But a recent influx of investor cash suggests the facial recognition startup sector is thriving, not suffering. Facial recognition is one of the…
© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White SHANGHAI (Reuters) – China is stepping up restrictions on financing to local government financing vehicles (LGFVs) to mitigate risks from hidden debt, the official Securities Times reported on Monday. Several banks and insurers are connecting their…
© Reuters. FILE PHOTO: People walk and shop as Israel reopens swathes of its economy, continuing to lift restrictions of a national lockdown to fight the coronavirus disease (COVID-19), inside the mall in Jerusalem February 21, 2021. REUTERS/Ammar Awad/Files JERUSALEM (Reuters) – Israel’s Finance Ministry said on Sunday the 2021-2022 budget will be based on…
© Reuters. FILE PHOTO: People pick up children from a school in Beijing, China, April 6, 2021. REUTERS/Thomas Peter HONG KONG (Reuters) -China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in core school subjects to ease financial pressures on families. News of…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices…
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite the geopolitical headwinds for foreign tech firms to enter China, many companies, especially those that find a dependable partner, are still forging ahead. For this…
General Motors (GM) – Get Report has filed a lawsuit against rival automaker Ford (F) – Get Report claiming that the name of Ford’s new automated driving system BlueCruise is an infringement on its Cruise registered trademark. GM on Friday filed its lawsuit in the U.S. District Court for the Northern District of California seeking an…
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