India proposes social security benefits for gig workers in annual budget
India’s Finance Minister Nirmala Sitharaman proposed a handful of benefits for the startup ecosystem and to accelerate the growth of digital services in the annual budget Monday as the South Asian nation looks to revive the economy that was severely-hit amid the coronavirus pandemic. Sitharaman…
English learning app ELSA lands $15 million Series B for international growth and its B2B platform
Speaking is one of the hardest parts of learning a new language, especially if you don’t have someone to practice with regularly. ELSA is an app that helps by using speech recognition technology to correct pronunciation. Based in San Francisco and Ho Chi Minh City,…
Elon Musk busts Clubhouse limit, fans stream to YouTube, he switches to interviewing Robinhood CEO
Below you can read our live coverage of the first even appearance by Elen Musk on Silicon Valley’s hottest startup right now, Clubhouse. In summary, Musk used the session to ‘talk to his base’ on topics ranging from space travel, colonies on Mars, and crypto….
New rule reins in China’s flourishing self-publishing space
Despite China’s history of stringent media control, an industry of uninstitutionalized, individual publishers has managed to flourish on social media platforms like Tencent’s WeChat and ByteDance’s Toutiao. These self-publishers are called “We Media” in the Chinese internet lexicon, denoting the independent power of citizen journalists…
Ben raises $2.5M seed to fix employee benefits for SMEs
Ben, a London-based employee benefits and rewards platform, has raised $2.5 million in funding. The seed round is led by Cherry Ventures, and Seedcamp. A number of angel investors with backgrounds in fintech and HR tech also participated. They include Paul Forster (founder of Indeed),…
An electric race car has lapped Daytona for the first time
This is the Hyundai Veloster N ETCR, an electric racing car being developed for a new EV touring car category. [credit: LAT Images ] The annual 24-hour race at Daytona International Speedway in Florida got underway on Saturday afternoon. And this year’s race has been…
Hedge fund Melvin sustains 53% loss after Reddit onslaught
Enlarge (credit: Innocenti | Getty Images) Melvin Capital, the hedge fund that was wrongfooted by retail traders who drove up shares in GameStop and other companies it had bet against, lost 53 percent in January, according to people familiar with the firm’s results. The New…
Multi-layered Outside the Wire is part action thriller, part intimate drama
Enlarge / Anthony Mackie and Damson Idris must foil a a warlord’s plan to launch a network of dormant nuclear weapons in Outside the Wire. (credit: Netflix ) To say that Netflix is leaning into its recent forays into feature film-making is an understatement. The…
New study: A zero-emissions US is now pretty cheap
Enlarge (credit: Picture Alliance / Getty Images) In many areas of the United States, installing a wind or solar farm is now cheaper than simply buying fuel for an existing fossil fuel-based generator. And that’s dramatically changing the electricity market in the US and requiring…
A curious observer’s guide to quantum mechanics, pt. 4: Looking at the stars
Enlarge (credit: Aurich Lawson / Getty Images) One of the quietest revolutions of our current century has been the entry of quantum mechanics into our everyday technology. It used to be that quantum effects were confined to physics laboratories and delicate experiments. But modern technology…