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UBQ Materials, which claims it has developed a plastic-like material made from 100% unsorted household waste, has raised a $170 million funding round led by TPG Rise, TPG’s global impact investing platform, made through TPG Rise Climate, the firm’s dedicated climate investing fund, and The Rise Funds, its multisector impact investing fund. The financing round
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South Korean startup Kakao Entertainment announced today it has acquired Wuxiaworld, an Asia fantasy fiction platform, via its serialized fiction app subsidiary Radish to bolster the mobile storytelling business. The transaction size is $37.5 million.   Wuxiaworld, which has grown through word-of-mouth, claims it is now the largest English-language Asia fantasy platform in the U.S. in terms of
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Apple’s carrier partners for the iPhone, iPad, and Apple Watch are not paying out promised rebate discounts, frustrating customers. Bloomberg’s Mark Gurman breaks it down on Power On. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here: Get the latest in
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SQream, a well-funded Israel-based data analytics platform, today announced that it has acquired no-code data platform Panoply in an effort to expand its cloud services. At the core of SQream’s service is its GPU-centric “data acceleration platform,” which promises to speed up SQL queries and enable users to run their queries on more data. Panoply, on
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In its latest move to placate European competition regulators, Google has offered a set of commitments to France’s antitrust watchdog — in the hopes of settling a costly (for it) intervention over legally mandated payments for displaying snippets of news publishers’ content. Back in July, France’s Autorité de la Concurrence slapped the tech giant with
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The US government will place eight Chinese companies including drone manufacturer DJI on an investment blocklist for alleged involvement in surveillance of Uyghur Muslims, the Financial Times has reported. The firms will reportedly be put on the Treasure department’s “Chinese military-industrial complex companies” list on Tuesday, meaning US citizens will be barred from making any
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The crease, it seems, is unavoidable. It’s right there, smack in the middle of the those big, expensive folding displays. And it’s invariably (and perhaps understandably) the first comment on nearly every story I post about a foldable phone. The alternative isn’t ideal, either — a gap between two distinct displays à la Microsoft’s Surface
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If you think of Pabio as “Stitchfix for furniture, in Europe,” you’re probably pretty close to the mark. The company started in Switzerland a couple of years ago with a mission to stop people from buying disposable Ikea stuff for a two-year stint in an apartment, replacing it with well-styled, well-thought-out interior design suggestions and
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Signal AI, an artificial intelligence startup that trawls the vast sea of internet and other publicly available data to provide organizations with sentiment insights and other information to make better business decisions, has raised $50 million. It plans to use the funds to continue building out its AI platform to bring in more diversified data
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Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration. Wowzi, which connects social
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I’ve visited Brinc’s headquarters the last few times I’ve been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization primary through its consumer hardware companies — a primary focus when it was founded, back in 2014. Brinc has expanded its scope a fair bit
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Rotten Tomatoes announced today that it’s partnering with TikTok to launch a TikTok Jump that will allow users to link to movies and TV trailers, ratings, reviews, information on where to watch, clips, cast information and more. TikTok Jump is the short-form video app’s third-party integration tool that aims to deepen its relationships with third-party
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Buoyed by a new cash infusion of $5.5 million in Series A funding, GlobalWonks emerged Tuesday as Enquire AI. The Washington, D.C.-based company leverages artificial intelligence in a tool for businesses to find global subject-matter expertise in real time, from both internal and external resources. Uzabase led the oversubscribed funding round and was joined by
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