China’s JD partners with accelerator program Plug and Play to reach US startups

 E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce giant said it will share technologies, including AI, cloud and smart supply chain tech, with the program generally and work together to launch a… Read More

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Echofin is Slack for financial professionals

 Historically, financial organizations have watched forlornly through the front window while startups have adopted new and cool tools like Slack, Twitter, and Convo. Now they can join in the fun with something called Echofin. You can imagine the product as a sort of hyper-powered Slack for financial groups. Users can message each other and view portfolios and investment news and small groups… Read More

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Naspers, Innova Capital invest $82 million more for Movile’s iFood delivery business

 Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s stake in iFood, a Latin American food delivery vendor. Read More

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Africa Roundup: ToLet Acquires JumiaHouse NG, Facebook announces NG_Hub, Interswitch IPO Update

 Lagos based online real estate startup ToLet.com.ng acquired Jumia House Nigeria for an undisclosed amount. Jumia House is a subsidiary of the continent’s lone tech unicorn — Pan-African e-commerce giant Jumia.com. ToLet and Jumia House Nigeria will merge platforms under the new name PropertyPro.ng. The $1.2 million Series A startup was able to buy part of a $1 billion company… Read More

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The company behind Dots is changing CEOs

dotsandco Playdots, the company that lets gamers play with Dots, will soon have a new CEO as co-founder and current COO Patrick Moberg takes over for co-founder Paul Murphy. Murphy lead the company as CEO since the founding in 2013 and will stay with Playdots as a board member. Murphy and Moberg co-founded Playdots in 2013 and in 2015 led the company to spin out of betaworks on the back of $10 million… Read More

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Carmaker venture for EV fast-charging teams with gas stations in Europe

 Automakers are laying the groundwork for a a future in which electric cars are omnipresent – and at least as common a sight on roadways as traditional gas-powered vehicles. Last month, a group of car OEMs including Ford, BMW, Daimler, and Volkswagen Group created a new joint-venture called ‘Ionity’ to build out a charing network, starting with a series of fast-charging… Read More

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The attack of the SuperFakes

 even years ago, watch fan Andrew Dakin bought a Movado watch on eBay for $500. It looked like a mint timepiece, well-maintained and classically styled. He had just started collecting watches, so he was happy to get a deal on a unique and valuable timepiece.
“At that point I was probably like 30 watches in so I thought I knew what I was doing,” said Dakin, describing his early… Read More

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Enjoius raises $1.4 million to bring its party planning services to you

 Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party. Read More

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Weather tracking tech developer ClimaCell raises $15 million

 ClimaCell, a weather forecasting technology that uses wireless networks to create incredibly granular predictions, has raised $15 million to develop new products and expand beyond the U.S.
The Boston-based company’s service has broad applications across government and business, offering ways to better prepare for the increasing number of severe weather events that are occurring… Read More

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