Business

As our society continues to devalue facts and statistics, Data.world, a two year old data collaboration startup out of Austin, Texas, is fighting back with its passionate community of data nerds. Today the company is announcing a $18.7 million Series B led by Pat Ryan’s family investment group to further build out its platform …

Uber pinned hopes on running its self-driving fleet in San Francisco but motored off to Arizona two months ago when that plan ran up against some local red tape. Now, just as Uber is dealing with an explosive report of sexual harassment within its engineering team, the company has officially rolled out its …

SoftBank is being linked with an investment that could value WeWork at more than $20 billion. CNBC reported that the Japanese telco giant is gearing up to make an initial investment of $2 billion into WeWork, with a view to putting nearly $1 billion more into the firm. The publication said …

Foxconn is taking over SoftBank’s Asia-based tech investment fund. The manufacturing giant, which is responsible for producing Apple’s iPhone among many other tech products, has agreed to buy a majority 54.5 percent stake in SoftBank Asia Capital in exchange for $600 million, according to a filing. The deal is scheduled to …

Following a scathing report of sexual harassment at Uber over the weekend, CEO Travis Kalanick hosted an all-hands meeting today, along with board member Arianna Huffington and Chief Human Resources Officer Liane Hornsey, to discuss the company’s next steps.  The allegations come from former Uber engineer Susan Fowler Rigetti, who …

Already a hit in the limited California regions that it serves, doctor-on-demand startup Heal is planning to take its house call service to more cities across the country. Today, the company announced that it would be expanding into cities in Florida, Texas, New York and Pennsylvania by the end of the year. …

One of President Trump’s first moves in office was to order a sweeping hiring freeze across the federal government, preventing hiring for all jobs except for narrow exemptions in national security and the military. Although the executive order hasn’t stirred as much controversy has Trump’s more recent orders on immigration, it …

Privacy Labs, a stealth-stage startup that wants to enable internet users to “regain control” of their personal data, has landed a $4 million seed funding round. The company doesn’t have a product right now and is cagey about what it will eventually release, but nonetheless its promise has persuaded Initialized Capital to …

It probably comes as no surprise: Theranos, the blood testing technology company once worth billions, is struggling to survive. A new report from The Wall Street Journal says the company had just $200 million cash on hand left at the end of 2016 — a quarter of its $800 million in …

Alibaba affiliate Ant Financial has again extended its global reach after it completed its maiden investment in the Philippines. The company, which manages payment service Alipay and Alibaba’s digital banking services and is valued at $60 million, said it made an undisclosed investment in Mynt, a financial venture from Globe Telecom. Mynt’s …