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Volkswagen has locked down $25B in battery supplies for its electric vehicle push
Automaker Volkswagen’s ramping up for its big EV push, with $25 billion in committed battery supplies and plans to outfit 16 factories to build electric cars by the end of 2022, up from three with that capacity in the VW stable right now. Thus far, Volkswagen’s focus is on battery suppliers in Europe and China, its two largest markets, and likely the two that will be most important… Read More
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WeWork expands its Flatiron School education business to London with £1M in scholarships
WeWork — the co-working startup valued at $20 billion with some 200,000 members across 200 locations globally — is continuing with its strategy of expanding into a wide array of adjacent operations to grow its business. Today the company announced that it will be expanding the coding-focused Flatiron School abroad, starting in London this June.
Alongside this, it’s also… Read More
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Artland closes $1M seed for its social art marketplace
Danish startup Artland has closed $1M in seed funding for a social art marketplace app that aims to connect galleries and professional buyers. It’s also hoping to attract newcomers with an appetite to buy art but who don’t necessarily know how to go about learning about the market. Read More
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Supernova promises to automatically convert Sketch mobile app designs into native UI code
Supernova, a startup operating out of Prague in the Czech Republic, is on a mission to accelerate the app development workflow of mobile designers and developers. Chinese bike-sharing startup Ofo raises $866M in new financing led by Alibaba Group
Beijing-based bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s biggest rivals. Ofo and Mobike are the two largest bike-sharing companies in China. Read More
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Salesforce will acquire enterprise e-commerce software startup CloudCraze
Salesforce is set to buy CloudCraze, an enterprise e-commerce solution built on its cloud-based customer relationship management platform. Based in Chicago, CloudCraze announced on its site that it’s signed a definitive agreement to be acquired by Salesforce. The deal’s financial details were not disclosed. Read More
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Qualcomm’s pivotal shareholder meeting is bumped up following Broadcom hostile takeover block
After getting delayed by at least a month or so following a regulatory investigation just days before the meeting was scheduled to take place, Qualcomm’s timetable to hold the meeting is now bumped up to ten days from now — and possibly before Broadcom may complete its move to the U.S. The new change is coming as part of a presidential order by the Trump administration to block… Read More
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MoviePass CEO backpedals on location tracking and talks strategy to break even by 2019
In a rare moment of contrition, MoviePass CEO Mitch Lowe admitted misleading both consumers and advertising execs with statements last week that the company tracks the location of users before and after they go to the movies. “We don’t do the things I described,” he told TechCrunch. As for location, “We don’t record it, we don’t save it, we don’t… Read More
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Crypto author Paul Vigna talks about the future of token sales
Paul Vigna, along with his writing partner Michael Casey, are crypto gurus. A crypto critic and Wall Street Journal reporter, Vigna sees through the hype and looks for the value inherent in the crypto system. Vigna and I spoke during this, the 100th episode of Technotopia. Vigna has a lot to say about the market and feels that his new book, the Truth Machine, picks up where his and… Read More
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TV Time, the TV tracking app with over a million daily users, can now find your next binge
With TV programming now spread out across a variety of services beyond traditional network TV, it can be hard to know what to watch next and what’s popular, given how much great content there is to choose from. An app called TV Time is helping with that, by allowing TV fans to track shows they’re watching, discover new programs and socialize with fellow fans following each episode. Read More
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