Tencent backs Indian education startup BYJU’s at a valuation of $800 million

Tencent backs Indian education startup BYJU’s at a valuation of $800 million

 Tencent, Asia’s highest-valued tech company, has continued to invest in India after it backed online education service BYJU’s. The startup that includes the Chan Zuckerberg Initiative and Sequoia among its investors. The size of the investment has not been disclosed, but a source close to the deal told TechCrunch that it values BYJU’s around the $800 million mark. Tencent… Read More

Microsoft unveils a Cortana-powered thermostat

Microsoft unveils a Cortana-powered thermostat

 The latest addition to the smart thermostat space is a product that includes Microsoft’s Cortana virtual assistant.
We’re all familiar with the rise of the internet-enabled thermostats, thanks to the development of companies like Nest, and now Microsoft is entering the space after it partnered with Johnson Controls to develop a product called GLAS.
The rather stunning looking… Read More

Clara Labs nabs $7M Series A as it positions its AI assistant to meet the needs of enterprise teams

Clara Labs nabs $7M Series A as it positions its AI assistant to meet the needs of enterprise teams

 Clara Labs, creator of the Clara AI assistant, is announcing a $7 million Series A this morning led by Basis Set Ventures. Slack Fund also joined in the round alongside existing investors Sequoia and First Round. The startup will be looking to further differentiate within the crowded field of email-centric personal assistants by building in features and integrations to address the needs of… Read More

Facebook may begin testing a paywall for selected media stories as soon as October

Facebook could begin testing a paywall for subscription news stories as early as October, according to a top company executive. Campbell Brown, who heads up the social network’s new partnerships business, made the reveal at the Digital Publishing Innovation Summit on Tuesday, The Street reported. We have independently confirmed that, too. “We are in early talks with several… Read More

Stox to launch token sale for its new prediction market

Stox to launch token sale for its new prediction market

 Stox.com is Invest.com’s prediction market product and it’s getting a little boost through a newly-opened token sale using Bancor’s smart token protocol. This announcement, while full of jargon, means that Stox will be able to raise money to develop infrastructure and increase its marketing and sales groups. Stox is a spin-off of Invest.com, an established player in the… Read More




Pin It on Pinterest