• 27
    Nov

    Lego’s take on the Tesla ‘Cybertruck’ comes with innovative roof racks

    Lego seems to have been inspired by recent events to bring its own vision fo the truck of the future to the world – behold this bold design statement in all its glory. Clearly, Lego is having a go at Elon Musk  and the Tesla  Cybertruck that he unveiled last week – which was… divisive in its reception, to say the least. The Lego ...
  • 26
    Nov

    Pricefx scores additional €23M for its cloud-based pricing software

    Pricefx, the Munich-founded startup that offers cloud-based pricing software, has raised €23 million in additional funding as part of its earlier Series B round. The new investment is led by Digital+ Partners, the European B2B technology growth investor, and management consulting firm Bain & Company. Talis Capital, Pricefx’s Series A investor, also followed on, while its brings the Series B as a ...
  • 26
    Nov

    Ford VP challenges Tesla to a fair F-150 vs Cybertruck tow battle

    Elon Musk took a big swipe at Ford during the unveiling of the Cybertruck. Mid-presentation, he played a video of a Cybertruck pulling an F-150 in what was pitched as a head-to-head contest. Many have questioned if it was a fair fight (I don’t think it was)… including Sundeep Madra, VP of Ford X, the automaker’s venture incubator. Madra tweeted to Elon ...
  • 26
    Nov

    AWS Translate comes to 22 new languages and 6 new regions

    AWS seems to be using this week to get some news out ahead of its annual re:Invent developer conference in Las Vegas next week. In addition to new IoT services and updates to its Rekognition AI service, the company also today announced that it is bringing 22 new languages to its AWS Translate service and that it is expanding support for the ...
  • 26
    Nov

    India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M

    Yulu, a Bangalore-based electric bike sharing platform that maintains a partnership with Uber, said today it has won the backing of one of the country’s largest automakers. The two-year-old startup said it has entered into a strategic partnership with Bajaj Auto, which has also funded Yulu’s $8 million Series A financing round. As part of the partnership, Bajaj will co-design and ...
  • 25
    Nov

    Tesla all-electric ATV makes a surprise debut at Cybertruck event

    Tesla  CEO Elon Musk  definitely didn’t have the most issue-free presentation during last night’s Cybertruck unveil, but he did pull off a pretty impressive “one more thing moment” — revealing a surprise all-electric all-terrain vehicle (ATV) that Tesla created to pair with its futuristic pickup. The Tesla electric ATV didn’t get a lot of time to shine on its own, and instead was used primarily to demonstrate ...
  • 25
    Nov

    China Roundup: Y Combinator’s short-lived China dream

    Hello and welcome back to TechnewsApi China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we looked at how Alibaba and Tencent fared in the last quarter; the talk in Silicon Valley and Beijing this week is on Y Combinator’s sudden retreat from China. ...
  • 25
    Nov

    India’s financial services firm Paytm raises $1B

    Paytm  said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and Facebook. The company said the new financing round, dubbed Series G, was led by U.S. asset manager T. Rowe Price. Existing investors Ant Financials  (contributed $400 million), SoftBank ...
  • 25
    Nov

    HP rejects Xerox again, but leaves door open for negotiation

    In a letter released this morning from the HP, Inc. board of directors to Xerox,  Corp, the company summarily rejected Xerox’s latest take-over offer, saying it significantly undervalues the company. At the same time, it left the door open for further negotiation. In the letter, HP made it clear, it is not desperate for a buyer, and maintains it would be just ...
  • 25
    Nov

    Here’s why the Tesla Cybertruck has its crazy look

    Elon Musk revealed the Cybertruck last night, saying it looks like nothing else on the market. That’s true, but the Cybertruck shares several key features with an unlikely pickup — the first-generation Honda Ridgeline. Both the Cybertruck and Honda Ridgeline are built differently from standard pickups. They employ a unibody design, much like what’s used in most passenger vehicles. Instead of a ...