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Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot

TechCrunch

million in its Series A financing round at a valuation of about $425 million to accelerate its TaaS service and urban mobility operation system (UMOS). South Korean local media Korean Economic Daily first reported the news, citing anonymous sources, that Hyundai is in talks to invest at least 400 billion WON (~$306.4

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Do you need another app to discover beautiful places when you travel?

TechCrunch

In the summer of 2019, Timilehin Ajiboye became intrigued with the idea of building a travel app after conversations with a circle of friends. And while social media, growing exponentially over the past decade, has changed the way we communicate and connect, it has also changed how we travel. Social media and travel.

Travel 346
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Egyptian startup Convertedin raises $3M, caters to e-commerce brands in MENA and Latin America

TechCrunch

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Other participating investors include 500 Global and MSAS.

SMB 262
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Automattic acquires analytics company Parse.ly

TechCrunch

How Automattic wants to build the operating system of the web. Both companies, Gernert said, come from similar backgrounds, with “roots” in digital publishing and a “heavy focus on understanding the impact of content.” The financial terms of the acquisition were not disclosed.

Analytics 246
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Jio Platforms invests $200 million in Google-backed Glance

TechCrunch

Jio Platforms is investing $200 million in Glance, which serves media content, news and casual games on Android handsets’ lockscreen, the two said Monday, the latest in a series of bets from Mukesh Ambani’s empire as it looks to expand its offering to more than 420 million telecom subscribers it reaches in the South Asian market.

Retail 209
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Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services

TechCrunch

As a serial entrepreneur running businesses in tech and media, Obasi experienced how tough running operations and banking his business simultaneously was in Nigeria. The founders built the product between June and September 2019 and went live in October. million pre-seed round. Image Credits: Prospa.

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Four short links: 8 May 2019

O'Reilly Media - Ideas

Brian Kernighan interviews Ken Thompson (YouTube) -- wonderful footage from Vintage Computer Festival East 2019. Continue reading Four short links: 8 May 2019. Old Timers, Web Flashback, Software Collapse, Revisions to Paxos. Hypertext and our Collective Destiny (Tim Berners-Lee) -- a 1995 talk honouring Vannevar Bush.