Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast Asia

 Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank. Didi said the round could expand by $500 million more with input from other existing backers and new investors, too. A Grab representative confirmed that SoftBank’s Vision fund is not… Read More

TechCrunch Startup Battlefield is coming to a new continent: Announcing Australia!

 Many are familiar with the many adventurous innovations — zorbing, bungee jumping, and jet boating to name a few — that have come out of the Australian-New Zealand ecosystem. But,  so did WiFi, black box flight recorders, cochlear implants, ultrasound technology, and even atom splitting. In recent years, the Island nations have witnessed Atlassian’s 1.1B IPO, a 250M… Read More

Blackstone in talks to buy 40 pct of Israel cyber firm NSO: report

Blackstone in talks to buy 40 pct of Israel cyber firm NSO: reportBlackstone Group is in advanced talks to pay $400 million for 40 percent of privately held Israeli firm NSO Group, a maker of spyware for mobile devices, Israel's Calcalist business newspaper reported on Sunday. Another investor – ClearSky – is expected to join Blackstone in the deal as a secondary buyer for 10 percent, Calcalist said. An NSO spokesman said he could not confirm the report.


I went to Pokémon Go Fest to (try to) play the game with thousands of others. Here’s what it was like

 “Do people still play Pokémon go?” It’s a question that pops up pretty much any time the game gets mentioned. The answer: yep! It’s rarely the sidewalk-filling, flash mob-inducing hype monster that it was for a few weeks after launch — and that’s probably better for everyone. But lots and lots of people do still play. Enough people that the game can still… Read More