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Companies raising supergiant VC aren’t getting any younger

This week, point-to-point “microtransit” service company Lime announced it raised $310 million in a Series D round, which valued the company at $2.4 billion, post-money. That is pretty impressive for a startup founded just a couple of years ago. Since 2017, Lime has raised more than $765 million in venture funding, which is

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Us latest News

US announces criminal charges against Huawei, seeks to extradite its CFO

In a press event today, the U.S. Department of Justice revealed that it is pursuing criminal charges against Chinese mobile giant Huawei. Following a story from The Wall Street Journal earlier this month, TechCrunch previously reported that the indictments were set to be unsealed soon. A grand jury in Seattle has charged Huawei with conspiracy

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Bing latest news

Microsoft Bing search engine has been blocked in China

Bing search engine has been blocked in China, the company said on Wednesday, making it the latest foreign technology service to be shut down behind the country’s Great Firewall. Starting at some point today, internet users in mainland China began complaining that cn.bing.com was no longer available from within the country; it is

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facebook latest news

Facebook is reportedly testing solar-powered internet drones again — this time with Airbus

Facebook last year grounded its ambitious plan to develop a solar-powered drone to beam internet across the world, but the company isn’t done with the concept, it seems. The social media giant is working with aeronautics giant Airbus to test drones in Australia, according to a new report from Germany’s NetzPolitik. Using a

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google china news

Without a search engine, Google do still doing 5 things in china

Google’s plan to build a censored search engine in China have ground to a halt. Engineers on the so-called “Project Dragonfly” are no longer allowed to view search queries from a decoy search engine set up in China, effectively pausing the venture, according to The Intercept. A Google spokeswoman declined to comment on the report and

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YouTube experiences a major outage lasting for more than an hour

No, it’s not just you. As of Tuesday evening Pacific Time, YouTube  was down for many users. The outage appears to have begun some time around 6:15 p.m., making this a pretty long outage for such a major site. https://twitter.com/TeamYouTube/status/1052373937839980544?s=19 The company is well aware of the issue and tweeting its updates. The account

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