by Asmawisham | May 8, 2017 | Technology
Uber is expanding its Advanced Technologies Group (ATG) with a new office in Toronto, headed by local AI researcher Raquel Urtasun, a University of Toronto professor and the Canada Research Chair in Machine Learning and Computer Vision.Urtasun joins Uber in a senior...
by Asmawisham | May 8, 2017 | Technology
There’s good news for foreigners living in, or visiting, China after Didi Chuxing — the local ride-sharing leader — added support for English language and overseas credit cards to its service for the first time.Didi, which processes more 20 million rides a day across...
by Asmawisham | May 8, 2017 | Technology
I remember talking to a fairly active angel investor a few years ago and he bemoaned the fact that he didn’t have any money. “It’s all tied up in the companies I’ve invested in,” he said, before reminding me that when you back a startup so early on in its life, it can...
by Asmawisham | May 8, 2017 | Technology
“It’s a VR play. That’s the frothiest space in the Valley right now. Nobody understands it but everyone wants in. Any idiot could walk into a fucking room, utter the letters ‘V’ and ‘R’, and VC’s would hurl bricks of cash at them. By the time they find out it’s...
by Asmawisham | May 8, 2017 | Technology
Garena, one of Southeast Asia’s biggest tech startups, has picked up $550 million in new funding and changed its name. The Singapore-headquartered consumer Internet company told Bloomberg that it is now called Sea Ltd. to reflect is global expansion plans (and also...
by Asmawisham | May 8, 2017 | Technology
The year was off to a good start for technology acquisitions, according to data provided by PwC. There were 486 U.S. tech deals announced in the first quarter totaling $42.8 billion.In terms of both number of deals and value of deals, it was the best start of the year...