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Technology-focused SPAC Carney Technology Acquisition II files for a $350 million IPO

Carney Technology Acquisition II, a blank check company targeting the technology industry, filed on Friday with the SEC to raise up to $350 million in an initial public offering. The…

Thailand’s logistics startup Flash Express raises $200 million

Flash Express, a two-year-old logistics startup that works with e-commerce firms in Thailand, said on Monday it has raised $200 million in a new financing round as it looks to…

India’s Razorpay becomes unicorn after new $100 million funding round

Bangalore-headquartered Razorpay, one of the handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million in a…

New Bahrain-based $60 million MENA VC fund sees post-COVID tech wave

DUBAI (Reuters) – A new Bahrain-based $60 million venture capital fund aims to invest in 120 early-stage start-ups across Arabic-speaking MENA countries, banking on the regional growth of tech and…

With $300 Million In New Funding, Zymergen Aims To Sustainably Transform The $3 Trillion Chemical And Materials Industry

By making better, greener alternatives to petrochemistry, Zymergen sees a huge economic and environmental opportunity Smoke from wildfires previewed the apocalyptic future some warn of if we can’t control climate…

‘Fortnite’ Has Given Up 73 Million iOS Only Users In Order To Fight Against Apple

Fortnite Epic Another day, another update that does not sound terribly good for Epic in its ongoing fight against Apple, as the Fortnite developer tries to get some regulation in…

Maternity Intimate Wear Market to Reach USD 347.31 Million by 2024, Belly Bandit and Cake Maternity Emerge as Key Contributors to Growth

Technavio has been monitoring the maternity intimate wear market and it is poised to grow by USD 347.31 million during 2020-2024, progressing at a CAGR of about 3% during the…

Global 5G Smartphone Sales Will Hit 250 Million in 2020

BOSTON–(BUSINESS WIRE)–Oct 8, 2020– According to the latest research from Strategy Analytics global 5G smartphone sales will surge 1,300 percent to a record 250 million units in 2020. Apple iPhone,…

Amazon India’s payments unit gets $95.5 million from parent ahead of festive season

FILE PHOTO: The logo of Amazon is pictured inside the company’s office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa BENGALURU (Reuters) – Amazon.com Inc AMZN.O has invested 7…

Square buys $50 million in bitcoin as part of larger investment in cryptocurrency

Payments platform Square has purchased $50 million in bitcoin, part of its larger investment in cryptocurrency, the company announced on Thursday. Square bought a total of 4,709 bitcoins, which the…