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August 17, 2016LASTEST NEWS

The next $1 billion startup acquirer won’t be a tech company

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Apple buys health startup founded by Indian-origin duo

By: Ians NEW YORK: Taking its interest in the digital health sector to the next level, tech giantApple has quietly acquired personal healthdata startup Gliimpse founded by two Indian-origin entrepreneurs. According to media reports, the acquisition reportedly happened earlier but was not publicly announced yet. An Apple spokesperson has now responded, saying: “Apple buys smaller technology companies from time to time, and we […]
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Uber advances aims by buying Otto, a six-month old startup for self-driving trucks

By: OLIVER GRIFFIN Ride hailing app Uber has announced its acquisition of Otto, a six-month old startup for self-driving trucks. Founded by former Googlers Anthony Levandowski and Lior Ron, Otto already has four trucks on the road 24 hours a day, seven days a week. According to this report from Bloomberg’s Max Chafkin, the move follows concerted efforts by Uber […]
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Google to open a dedicated space for startups in California to connect Silicon Valley to emerging markets

By: OLIVER GRIFFIN Internet giant Google has announced that it will open a 14,000 square foot space in the heart of San Francisco. This space will help the business to work directly alongside various startups and developers. While details remain thin, the search engine said the space will be used to hold events – such as the […]
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London overtakes Berlin as Europe’s startup capital, UK takes lead in Europe

By: Oliver Griffin London, capital city of the UK, has overtaken Berlin, its German counterpart, as the leading European hub for startups. According to reports in London based paper City AM, startups in London raised more funding than in any other European city this year. In the first six months of the year, London raised €1.3bn (£1.1bn), […]
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