Team studies drone strikes on airplanes by firing them into a wall at 500 MPH

Bird strikes are a very real danger to planes in flight, and consequently aircraft are required to undergo bird strike testing — but what about drones? With UAV interference at airports on the rise, drone strike testing may soon be likewise mandatory, and if it’s anything like what these German …

Financial services marketplace CompareAsiaGroup raises $20 million in new funding led by Experian

Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup, the financial services marketplace. Experian led the initial closing of a $20 million B1 round. In addition to new funding, the investment also gives Hong Kong-based CompareAsiaGroup access to Experian’s …

Cathay Capital and AfricInvest to raise $168M Africa VC fund

Tunisia based private equity firm Africinvest has teamed up with Cathay Capital — a global private equity firm based in Paris — to launch a new Africa tech fund with a target raise of $168 million. Details are still forthcoming, but the Cathay Africinvest Innovation Fund will focus primarily on …

Eric Schmidt and Diane Greene are leaving Alphabet’s board of directors

Google’s parent company Alphabet announced that two board members, Eric Schmidt and Diane Green, will not be seeking re-election when their terms expire on June 19. Schmidt has been on the company’s board since 2001, and also served as Google’s CEO for a decade, until April 2011. He then became …

India’s GoWork raises $53M in debt financing to expand its co-working spaces business

GoWork, a Gurgaon-based startup that runs a co-working spaces business in India, said on Tuesday it has raised $53 million in a debt round to scale its business in the country as competition in the market, including from recent entrant Oyo Rooms, intensifies. The debt round for the two-year-old startup …

Study: Twitter isn’t doing enough to combat ‘fake news’

Almost two years since the 2016 presidential election, misinformation campaigns are still running rampant on social media. Now, a new study claims that things are looking especially grim on Twitter. A study by the Knight Foundation published Thursday found that “more than 80 percent” of Twitter accounts that were involved …

Office taxonomy and an increasingly diverse workplace ecosystem

It is perhaps the most common misconception of evolutionary theory that all animals are somehow evolving towards some end point – meaning us. This notion is perhaps best summed up when a sceptic asks: “If we have evolved from monkeys, why are there still monkeys?” The lesser of the two problems …

Vulcan Cyber announces $10M Series A to automate security patching efforts

Many software vulnerabilities are already known, and vendors have even issued patches, but the problem is there are so many patches that it’s often difficult for companies to keep up. Vulcan Cyber wants to help by bringing a level of automation to the patching operation, and in the process reduce …

Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to $90M

Carro, an automotive marketplace and car financing startup based in Singapore, said it has raised $30 million to extend and close its $90 million Series B financing round and acquired Indonesia-based marketplace Jualo as it looks to further scale its business in Southeast Asia. The Series B round, for which …

Microsoft aims to train and certify 15,000 workers on AI skills by 2022

Microsoft is investing in certification and training for a range of AI-related skills in partnership with education provider General Assembly, the companies announced this morning. The goal is to train some 15,000 people by 2022 in order to increase the pool of AI talent around the world. The training will …

Scale AI and its 22-year-old CEO lock down $100 million to help label Silicon Valley’s data

Big artificial intelligence companies are promising an automated future but many of their products rely on the labeled training data coming from Scale AI, a startup that highlights machine learning’s intimate bond between human contractors and algorithms. The three-year-old startup announced Monday that it had closed a $100 million Series …

Kotlin is now Google’s preferred language for Android app development

Google today announced that the Kotlin programming language is now its preferred language for Android app developers. “Android development will become increasingly Kotlin-first,” Google writes in today’s announcement. “Many new Jetpack APIs and features will be offered first in Kotlin. If you’re starting a new project, you should write it …

Factmata gets backed by eyeo, maker of Adblock Plus, and takes over its Trusted News app

“Fake news” — news content that either misleads people with half-truths, or outright lies — has become a permanent fixture of the internet. Now, as tech and media platforms continue to search for the best way to fight it, Factmata — a London startup backed by Biz Stone, Craig Newmark, …

U.S. Treasury just designated China as a currency manipulator, so expect more economic shocks

The U.S. Treasury has just taken the extraordinary step of designating China as a currency manipulator, something no administration has done since the days of Bill Clinton. With the action, the trade war between the U.S. and China has entered a new phase that will likely see both countries stepping …