Daily Archives: April 14, 2021

6 posts

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Indian fintech Zeta turns unicorn with SoftBank-led funding

Bangalore-based fintech startup Zeta has clinched the much sought-after unicorn status after finalizing a new financing round led by SoftBank Vision Fund 2, sources familiar with the matter told TechCrunch. SoftBank Vision Fund 2 has led a ~$250 million Series D round in the five-year-old Indian startup, the sources said. […]

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Triller owner gets a new CEO with acquisition of Amplify.AI; also acquires livestreaming service FITE TV

Would be TikTok competitor Triller, operated by parent company TrillerNet, is gaining a new CEO, the company announced today. The short-form video app said it’s acquiring an A.I.-based customer engagement platform, Amplify.AI, whose co-founder Mahi de Silva will now become TrillerNet’s CEO. Existing CEO Mike Lu will transition to president […]

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Blue Origin launches and lands New Shepard rocket in key prep flight for human passengers

Blue Origin has launched its New Shepard rocket for the second time this year, and the 15th time overall. The mission profile saw the reusable spacecraft fly to suborbital space, and then return for a parachute-assisted landing at Blue Origin’s launch facility in West Texas. This flight was a little […]

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Uber hit with default ‘robo-firing’ ruling after another EU labor rights GDPR challenge

Labor activists challenging Uber over what they allege are ‘robo-firings’ of drivers in Europe have trumpeted winning a default judgement in the Netherlands — where the Court of Amsterdam ordered the ride-hailing giant to reinstate six drivers who the litigants claim were unfairly terminated “by algorithmic means.” The court also […]

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How Pilot charted a course of not raising too much money

A few weeks ago, we wrote about fintech Pilot raising a $100 million Series C that doubled the company’s valuation to $1.2 billion. Bezos Expeditions — Amazon founder Jeff Bezos’ personal investment fund — and Whale Rock Capital joined the round, adding $40 million to a $60 million raise led […]