Rebel Foods, which operates more than 235 ‘internet restaurants’ in India, quietly raised $125 million this month

In May, venture capitalist Michael Moritz of Sequoia Capital warned in a Financial Times column that Amazon’s recent $575 million investment in the London-based delivery service Deliveroo could prove ominous for local restaurants. Wrote Moritz: “Amazon is now one step away from becoming a multi-brand restaurant company — and that …

Revolut launches stock trading in limited release

Fintech startup Revolut is launching its stock trading feature today. It’s a Robinhood-like feature that lets you buy and sell shares without any commission. For now, the feature is limited to some Revolut customers with a Metal card. While Robinhood has completely changed the stock trading retail market in the …

Tealium, a big data platform for structuring disparate customer information, raises $55M led by Silver Lake

The average enterprise today uses about 90 different software packages, with between 30-40 of them touching customers directly or indirectly. The data that comes out of those systems can prove to be very useful — to help other systems and employees work more intelligently, to help companies make better business …

Even the IAB warned adtech risks EU privacy rules

A privacy complaint targeting the behavioral advertising industry has a new piece of evidence that shows the Internet Advertising Bureau (IAB) shedding doubt on whether it’s possible to obtain informed consent from web users for the programmatic ad industry’s real-time bidding (RTB) system to broadcast their personal data. The adtech industry functions …

It is time for organisations to embrace the digital workplace

With the rise of both cloud-based technology and the worldwide gig economy, the last ten years of the 21st century have seen some near-revolutionary changes in workplace practice. Entrepreneurs everywhere have been more than happy to make use of these developments, taking advantage of the new business models these changes …

DevOps platform JFrog raises $165 million with valuation ‘way north’ of $1 billion

DevOps platform JFrog has raised $165 million in a series D round of funding led by Insight Venture Partners, with participation from Battery Ventures, Spark Capital, Sapphire Ventures, Scale Venture Partners, Dell Technologies Capital, Vintage Investment Partners, and Geodesic Capital. The company hasn’t revealed an exact valuation following…Read More Source: Venture Beat Republished by …

Airbnb-backed OYO moves into Europe, buys Leisure Group from Axel Springer for $415M

OYO, the fast-growing budget hotel startup out of India that’s backed by Airbnb, SoftBank, Grab and Didi, has made an acquisition to expand its footprint into Europe, specifically around self-catering home rentals. The company has picked up @Leisure Group from Axel Springer for about $415 million (€369.5 million). Axel Springer had …

FreightHub, the European digital freight forwarder, collects $30M Series B

FreightHub, the European digital freight forwarder, has raised $30 million in Series B financing. Leading the round is Rider Global — a venture fund said to be founded by logistics experts — along with Maersk Growth, the corporate venture arm of container shipping giant A.P. Moller-Maersk. Existing investors Northzone, Rocket …

Why Fintech and Investing Are a Match Made in Heaven

Financial technology (fintech) has revolutionized how businesses and individuals can invest, manage a portfolio and access loans. Fintech is also the fastest-growing industry in the UK. According to research, it generates over twenty billion pounds yearly for the British economy. In the past, if you needed access to any of the services …

Cryptographic ICE Cube tests orbital cybersecurity protocols aboard the ISS

Encryption in space can be tricky. Even if you do everything right, a cosmic ray might come along and flip a bit, sabotaging the whole secure protocol. So if you can’t radiation-harden the computer, what can you do? European Space Agency researchers are testing solutions right now in an experiment …

Working dads say their schedule means missing out on children growing up

One in five dads says their working schedule means they are missing out on seeing their children growing up, claims Quinyx. The research highlights the importance of opening up flexible working to all members of the workforce, including working dads and the impact the rigidness of the current system is …

Amazon acquires flash-based cloud storage startup E8 Storage

Amazon has acquired Israeli storage tech startup E8 Storage, as first reported by Reuters, CNBC and Globes and confirmed by TechCrunch. The acquisition will bring the team and technology from E8 in to Amazon’s existing Amazon Web Services center in Tel Aviv, per reports. E8 Storage’s particular focus was on …

Substack expands its subscription platform with discussion threads

Substack is launching a new feature called “community” — namely, the ability for newsletter publishers to create discussion threads, which can either be open to anyone or limited to subscribers. The idea of starting a discussion thread where readers can argue about things like the season finale of “Game of …

Square reports Q1 sales of $489M, up 59%, but net loss widens to $38M

After Square issued weak guidance in Q4, all eyes were on the payments company to see what kind of growth it really had in Q1. Results reported today underscored some of the challenges the company is facing. Square’s adjusted revenues were $489 million, up 59 percent year-on-year, with adjusted earnings per share of …