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Last month, Softbank, through its massive Vision Fund, led the single biggest private financing round for a health care company ever — funneling $1.1 billion into the drug holding outfit Roivant Sciences. Today, the Japanese conglomerate might be regretting that decision. The reason: despite hundreds of millions of dollars poured into one of Roivant’s publicly traded… Read More
Source: Tech Crunch
Google Cloud announced today that it has acquired Bitium, a company that focused on offering enterprise-grade identity management and access tools, such as single-sign on, for cloud-based applications. This will basically help Google better manage enterprise cloud customer implementation across an organization, including doing things like setting security levels and access policies for… Read More
Source: Tech Crunch
Europe is considering changing its copyright law. At first blush, you might think that this couldn’t possibly affect the way you debate the news of the day online, upload family videos or run your startup. But popular proposals at the EU would strike at the heart of the internet’s openness and accessibility as a platform by raising new barriers to interactive online services… Read More
Source: Tech Crunch
The Apple TV is back for sale on Amazon after a two-year hiatus – a move that was expected following Apple CEO Tim Cook’s announcement in June that Amazon’s Prime Video app would arrive on Apple TV later this year. The two companies had clearly come to an agreement that benefitted their mutual interests – for Amazon, that meant getting its streaming video app onto Apple… Read More
Source: Tech Crunch
Uber is planning to cease operations in Québec next month due to some newly proposed regulations by the Ministry of Transportation. Uber’s last day of operations in Quebec will be October 14. Read More
Source: Tech Crunch
WhatsApp has been widely blocked in mainland China by the country’s government, with text messaging as well as photo and video sharing not currently functional. However, WhatsApp had previously been blocked in the country and seen those blocks lifted within a few days, so it’s unclear how long the chat app may remain inaccessible. The New York Times reported today that WhatsApp… Read More
Source: Tech Crunch
Zögern sich. Roughly translated (and boy, do we mean roughly), that’s procrastinators rejoice. Why all the excitement? Early stage startup entrepreneurs now have an extra week to complete their applications and compete in Disrupt Berlin’s Startup Battlefield. Applications will now remain open until October 2 at 5 p.m. PT. Still, this is no time to dawdle if you want a shot at… Read More
Source: Tech Crunch
President Donald Trump will soon direct the Department of Education to commit $200 million every year to K-12 computer science education, which Code.org is marking as a victory for its nonprofit organization. As Recode reported earlier today, Trump’s memorandum calls on the Department of Education to commit at least $200 million of its grant funds to STEM education.… Read More
Source: Tech Crunch
Last week, Uber’s legal team told Judge William Alsup that Waymo was seeking $2.6 billion for an allegedly stolen trade secret related to the company’s autonomous vehicle efforts. Over the weekend, Waymo filed a document with the court noting that the correct figure was actually $1.859 billion. It’s not clear why this seemingly important detail was left uncorrected for… Read More
Source: Tech Crunch