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Ravin.ai, an Israel and U.K.-based startup developing AI to autonomously inspect vehicles for damage, has closed a $4 million seed round. The investment is led by Pico Venture Partners, with participation from Shell Ventures and “automotive entrepreneur” Adam Draizin. It marks Shell Ventures’ first Israel investment. Founded in 2018 and based in Haifa and London,
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The two people who sat down in reception without an appointment would not leave the startup’s office until the end of the day. Two months later, a letter followed informing the company it had been suspended from the United Kingdom’s register of licensed sponsors, the database of companies the government has approved to employee foreign
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For the third year as president, France’s president Emmanuel Macron talked to the French tech ecosystem at VivaTech in Paris. This time, he used this opportunity to defend his policies so far and say that tech startups have nearly everything they need to succeed Frichti’s Julia Bijaoui, TransferWise’s Flora Coleman, OpenClassrooms’ Pierre Dubuc, Vinted’s Thomas
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Alex Chuang Contributor Alex Chuang is the Managing Partner of Shape Immersive, a boutique studio that helps enterprise and brands transform their businesses by incorporating VR/AR solutions into their strategies. More posts by this contributor The fall of the unicorns brings a new dawn for water bears British science fiction writer, Sir Arther C. Clark,
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As Uber’s biggest shareholder, SoftBank Group had high hopes for the ride-sharing company’s stock market debut last week. Instead, the Japanese conglomerate’s shares have been sliding along with Uber’s following its disappointing initial public offering. SoftBank shares began sliding at the end of last week after Uber set its IPO price at the low end
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Such hate. Such dismay. “How Slack is ruining work.” “Actually, Slack really sucks.” “Slack may actually be hurting your workplace productivity.” “Slack is awful.” Slack “destroys teams’ ability to think, plan & get complex work out the door.” “Slack is a terrible collaboration tool.” “Face it, Slack is ruining your life.” Contrarian view: Slack is
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Virtual reality is the ultimate money pit. Tech giants are selling low-margin hardware on which users play software that was funded by those same companies. This strategy seems to continue year after year without a hockey stick chart in sight. While VR may still be waiting for its breakout hardware hit, there has already been
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Last year at Google I/O, Google introduced a host of new digital wellbeing tools aimed at helping people better manage their screen time, track app usage, and configure their device’s ‘do not disturb’ settings. Today, Google is updating its suite of tools to include a new feature called “Focus Mode” that lets you temporarily disable
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Luckin Coffee, the ambitious Chinese upstart that’s going after Starbucks, could raise nearly $600 million from its upcoming IPO. That’s according to a price range released by the Chinese startup. In a new filing, Luckin said it plans to sell 30 million shares at an initial range of $15-$17. That gives an estimated raise of