Category: north carolina
Google faces a major multi-state antitrust lawsuit over Google Play fees
A group of 37 attorneys general filed a second major multi-state antitrust lawsuit against Google Wednesday, accusing the company of abusing its market power to stifle competitors and forcing consumers into in-app payments that grant the company a hefty cut. New York Attorney General Letitia James is co-leading the suit…
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Apple commits to 20,000 US jobs, new North Carolina campus
Apple this morning announced a sweeping plan to invest north of $430 billion over the next five years. The company says the deal involves “economic benefits” in all 50 states and would create, all told, 20,000 additional jobs in the United States over that time period. The plan is an…
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Planting seed investments on tech’s frontiers nets KdT Ventures $50 million for its latest fund
Like other venture investors over the past year, Cain McClary, co-founder of the investment firm KdT Ventures, recently made the jump to Austin. But unlike the rest of them, he was coming from Black Mountain, NC. McClary had spent the better part of the last three years with his co-founder…
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Home services platform Porch acquires four companies
Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch…
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Africa Roundup: DHL invests in MallforAfrica, Zipline launches in US, Novastar raises $200M
Events in May offered support to the thesis that Africa can incubate tech with global application. Two startups that developed their business models on the continent — MallforAfrica and Zipline — were tapped by international interests. DHL acquired a minority stake in Link Commerce, a turn-key e-commerce company that grew…
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Zipline begins US medical delivery with UAV program honed in Africa
Drones are being deployed in the fight to curb COVID-19 in the U.S. Novant Health and California based UAV delivery startup Zipline have launched distribution of personal protective gear and medical equipment in North Carolina. Novant is a non-profit healthcare provider with a network in the Southeastern United States. Through…
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