Author: Daniel Harrison

qa limp amazon svp fire phone Q&A with Dave Limp, Amazon SVP of devices and services, on how ambient computing can enhance the world, Fire Phone’s failure, Alexa shopping, Astro, and more Source Keep visiting gizmodofeed.com for the latest news and updates.

amazon uber doordash 26mhackettfortune Eco, a personal finance app that offers yields of 2.5% to 5% and cash back for shopping at Amazon, Uber, and DoorDash, raises $26M led by a16z crypto  —  Our mission to make business better is fueled by readers like you.  To enjoy unlimited access to our journalism, subscribe today. Source Keep visiting gizmodofeed.com for the latest news and updates.

nycbased level azevedotechcrunch NYC-based Level, which helps companies offer customized employee benefits plans and touts the ability to process claims in four hours, raises $27M Series A  —  Level, a startup that aims to give companies a more flexible way to offer benefits to employees, has raised $27 million in a Series … Source Keep visiting gizmodofeed.com for the latest news and updates.

big kyligence apache kylin ebay shanghai Big data analytics startup Kyligence, whose founders created Apache Kylin at eBay in Shanghai, raises $70M Series D, bringing its total raised to $118M  —  Kyligence develops an advanced data analytics platform, based on the open-source Apache Kylin analytics engine, that’s capable … Source Keep visiting gizmodofeed.com for the latest news and updates.

wearable 444.7m q4 ByteDance has posted at least 12 job listings related to semiconductors, including hardware and software engineers in Shanghai and Beijing  —  The standout Chinese startup ByteDance Ltd. has begun hiring employees for a possible push into semiconductors, exploring an expansion well beyond … Source Keep visiting gizmodofeed.com for the latest news and updates.

cairobased spac march zeelo Cairo-based Swvl, a private bus booking service that went public via a SPAC merger in March 2022, acquires on-demand coach service Zeelo, sources say for ~$100M Source Keep visiting gizmodofeed.com for the latest news and updates.

bharatpe vcs sequoia coatuesubramaniam Indian fintech unicorn BharatPe, backed by Sequoia, Coatue, Ribbit, and Beenext, faces allegations of embezzlement, impropriety in merchant dealings, and more  —  Calling CEO Suhail Sameer “a puppet of investors”, Grover has alleged a conspiracy behind sending him away and instituting a probe Source Keep visiting gizmodofeed.com for the latest news and updates.

denverbased nomad azevedotechcrunch Denver-based Nomad, a startup that offers financial services for small-time landlords, renters, and potential home buyers, raises a $20M Series A  —  Nomad, a marketplace that aims to provide small-time rental property owners with “guaranteed rent,” has raised $20 million in a Series A funding round led by Silicon Valley Bank Capital. Source Keep visiting gizmodofeed.com for the latest news and updates.

wearable 444.7m q4a Socure, a cloud-based identity verification and fraud prevention startup, raises $100M led by Accel at a $1.3B valuation  —  – Value is an increase from 2020, when it was worth $360 million  — Socure helps verify that customers are who they say they are Source Keep visiting gizmodofeed.com for the latest news and updates.

10.9b q1 87m china Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and an ~$87M net loss as China’s lockdown cripples smartphone sales Source Keep visiting gizmodofeed.com for the latest news and updates.