July 21, 2019 News Magazine

Author: <span class="vcard">admin</span>


Moon bricks could keep the lights on and the heat up in Lunar colonies

July 19, 2019

July 19, 2019

There may be no “dark side” of the Moon, but when and where it is dark, it’s dark — and...

Medallia stock up 76% following first day trading on the NYSE

July 19, 2019

July 19, 2019

Customer experience management platform Medallia (NYSE: MDLA) rose more than 70% in its New York Stock Exchange debut Friday. The nearly two-decades-old business priced its shares at $21 apiece, the top of its proposed range, Thursday evening and traded as high as $39.54 the following morning. Medallia closed up roughly 76% at about $37 per share on Friday. Medallia sold a total of 15.5 million shares in its IPO, raising $326 million at a $2.5 billion valuation in the process. San Mateo-headquartered Medallia, led by chief executive officer Leslie Stretch, operates a platform meant to help businesses better provide for their customers. Its core product, the Medallia Experience Cloud, provides employees real-time data on customers collected from online review sites and social media. The service leverages that data to provide insights and tools to improve customer experiences. The company is backed by four venture capital firms: Sequoia Capital — which owned a roughly 40% pre-IPO sta..

Medallia stock up 76% following first day trading on the NYSE

July 19, 2019

July 19, 2019

Customer experience management platform Medallia (NYSE: MDLA) rose up more than 70% in its New York Stock Exchange debut Friday....

TikTok tests an Instagram-style grid and other changes

July 19, 2019

July 19, 2019

Short-form video app TikTok, the fourth most downloaded app in the world as of last quarter, is working on several...

Deadline extended! Apply to the All Raise female founder program at Disrupt SF 2019

July 19, 2019

July 19, 2019

We’ve got great news for all the time-strapped female founders out there. Yeah, we’re looking at you, sister. We’re extending the application deadline to apply for the All Raise “ask me anything” (AMA) sessions at Disrupt SF 2019. Don’t miss this rare opportunity to meet with a leading female VC and, well, ask her anything. Apply for an AMA session by August 15. Not familiar with All Raise? This startup nonprofit, dedicated to accelerating female founder success, will host a day-long AMA event on October 3 at Disrupt SF 2019 — in a dedicated section of Startup Alley. Each AMA session lasts 30 minutes and consists of three founders and one VC. All Raise expects more than 100 female founders to take part in at least 30 sessions scheduled throughout the day. Don’t bring your pitches, bring your questions — the kind of questions that keep you up at night. It’s a rare opportunity to ask a leading VC advice on topics like your next raise, key hires, your competition. Imagine receiving busi..

Deadline extended! Apply to the All Raise female founder program at Disrupt SF 2019

July 19, 2019

July 19, 2019

We’ve got great news for all the time-strapped female founders out there. Yeah, we’re looking at you, sister. We’re extending...

Google’s SMILY is reverse image search for cancer diagnosis

July 19, 2019

July 19, 2019

Spotting and diagnosing cancer is a complex and difficult process even for the dedicated medical professionals who do it for...

India’s Oyo valued at $10B after founder purchases $2B in shares

July 19, 2019

July 19, 2019

The fast-growing Indian hospitality business Oyo has garnered a valuation of $10 billion after its founder, Ritesh Agarwal, purchased $2 billion in shares from venture capital firms Sequoia Capital and Lightspeed Venture Partners, the company announced Friday. Agarwal, 25, founded Oyo in 2013 at the age of 19. Following immense growth of the now global hotel chain business, Agarwal opted to increase his 10% stake to 30% via a Cayman Islands company called RA Hospitality Holdings, according to The Wall Street Journal. SoftBank has also increased its percent ownership as part of this round, now owning nearly half of the company. Oyo has raised a whopping $1.6 billion in equity funding to date, reaching a valuation of $5 billion at its last funding round. Other investors in the company include Airbnb, Grab Holdings and Didi Chuxing. Oyo is active in 800 cities in 80 countries, with more than 23,000 hotels in its portfolio. Recently, the company announced plans to invest $300 million in..

India’s Oyo valued at $10B after founder purchases $2B in shares

July 19, 2019

July 19, 2019

The fast-growing Indian hospitality business Oyo has garnered a valuation of $10 billion after its founder, Ritesh Agarwal, reportedly purchased...

Self-driving startup AutoX expands beyond deliveries and sets its sights on Europe

July 19, 2019

July 19, 2019

AutoX, the Hong Kong and San Jose, Calif.-based autonomous vehicle technology company, is pushing past its grocery delivery roots and into the AV supplier and robotaxi business. And now, it’s taking its business to Europe. AutoX has partnered with NEVS — the Swedish holding company and electric vehicle manufacturer that bought Saab’s assets out of bankruptcy — to deploy a robotaxi pilot service in Europe by the end of 2020. Under the exclusive partnership, AutoX will integrate its autonomous drive technology into a next-generation electric vehicle inspired by NEVS’s “InMotion” concept that was shown at CES Asia in 2017. This next-generation vehicle is being developed by NEVS in Trollhättan, Sweden. Testing of the autonomous NEVs vehicles will begin in the third quarter of 2019. The vehicles will hit public roads in Europe next year, the companies said. AutoX founder and CEO Jianxiong Xiao, commonly referred to as Professor X, noted that this particular vehicle is ideal for an aut..