Nate Lanxon
Stories by Nate Lanxon
Scooter-sharing major Lime said to plan more layoffs in US
Lime had already slashed its workforce in January.
Indian ride-hailing firm Ola begins signing up drivers in London
Ola had been expected to begin its London business before the end of the year, but the company is now said to expect a January launch.
Uber’s Europe business at risk after London licence revoked again
The London transportation regulator said Uber failed to adequately verify drivers’ identities and safeguard the service for passengers.
Uber founder Kalanick’s startup CloudKitchens said to have raised $400m
The financing is said to have valued the ex-Uber CEO's startup at about $5 billion.
Scooter startup Tier raises $60m led by UAE’s Mubadala Capital
Mubadala forms part of Abu Dhabi’s efforts to diversify its economy by turning oil revenue into profitable investments.
E-scooter Voi secures $30m funding to fend off rivals Lime, Bird Rides in Europe
Voi’s $30 million of new capital comes from existing investors, including Balderton Capital and LocalGlobe, as well as new investors Project A and C
SoftBank-owned ARM set to buy US-based Treasure Data
The acquisition is part of ARM’s push into the Internet of things. Treasure Data is backed by investors including Sierra Ventures and SBI, a former
China-backed fund Silk Ventures raises $500m for US and EU Startups
Silk Ventures will focus on fintech, artificial intelligence, medical technologies
Samsung unveils Iris-Reading Note 7 to keep Apple at bay
After extending its lead over Apple Inc. in the global smartphone market with the Galaxy S7, Samsung Electronics Co. is now trying to keep that spirit
