Tag: north america

GM is transforming Cadillac into an electric brand

General Motors is turning Cadillac into its lead electric vehicle brand in a bid to compete against Tesla as well as a host of other automakers bringing EVs onto the market. Plans are already underway to introduce the first model from the company’s new battery electric vehicle architecture, GM said

Nexon founder hints at plan to sell his $9B majority share in gaming giant

The founder of Korea’s Nexon, one of the biggest gaming companies on the planet, today appeared to acknowledge his intention to sell his controlling interest for around $9 billion. The divestment has been a hot rumor after a report from newspaper Korea Economic Daily this week [via Reuters] suggested that Jung-Ju Kim, who founded Nexon back

Contentful raises $33.5M for its headless CMS platform

Contentful, a Berlin- and San Francisco-based startup that provides content management infrastructure for companies like Spotify, Nike, Lyft and others, today announced that it has raised a $33.5 million Series D funding round led by Sapphire Ventures, with participation from OMERS Ventures and Salesforce Ventures, as well as existing investors General

SimbaPay launches Kenya to China payment service via WeChat

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

Quantum computing, not AI, will define our future

William ("Whurley") Hurley Contributor Share on Twitter William Hurley, commonly known as whurley, is an American entrepreneur and the founder of Chaotic Moon Studios, Honest Dollar, and Equals: The Global Partnership for Gender Equality in the Digital Age. He is currently chairing the Quantum Computing Working Group for the IEEE

Security flaw in DJI’s website and apps exposed accounts to hackers and drone live feeds

It took about six months for popular consumer drone maker DJI to fix a security vulnerability across its website and apps, which if exploited could have given an attacker unfettered access to a drone owner’s account. The vulnerability, revealed Thursday by researchers at security firm Check Point, would have given

Chat app Line’s games business raises $110M for growth opportunities

Messaging app firm Line has given up majority control of its Line Games business and raised outside financing as it seeks to expand its collection of games titles and look at global expansion options. The Line Games business was formed earlier this year when Line merged its existing gaming division

Airobotics raises another $30 million for its automated drone technologies

Airobotics, the developer of automated drones that can fly without a pilot, has raised $30 million in a new round of financing. The new funding will be used to boost the company’s manufacturing efforts to meet new demand and help with the development of the company’s global headquarters in Arizona as

Chinese investment into computer vision technology and AR surges as U.S. funding dries up

Tim Merel Contributor Tim Merel is managing director of Digi-Capital. More posts by this contributor The Reality Ecosystem: What AR/VR/XR needs to go big China could beat America in AR/VR long-term Last year 30 leading venture investors told us about a fundamental shift from early stage North American VR investment to