Bentley is making the shift to an all-electric lineup
Bentley Motors, the ultra luxury automaker under VW Group, will only produce plug-in hybrid and all-electric cars starting in 2026 with an aim to drop all combustion engines in the next decade. The company said Thursday its entire lineup will be all-electric by 2030. That plan, known as Beyond 100, is already underway with the […]
Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off
Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the company has “begun contemplating spinning Vimeo off to our shareholders.” “Given Vimeo’s success, and investor adulation for the Software-as-a-Service (SaaS) category generally, […]
4 questions as Airbnb’s IPO looms
Almost on command after we asked yesterday if a rash of technology IPOs were about to land, news broke that Airbnb plans to drop its S-1 filing early next week with a December roadshow. The document will be of intense interest for shareholders — as well as public investors who hope to purchase shares in the […]
TikTok tests a Learn tab to showcase education and how-to videos
How-to videos have been some of the most popular content on YouTube over the years, and now, to grow engagement and the pool of users that it appeals to, the upstart video app TikTok is getting in on the action, too. After launching a dedicated “Learn On TikTok” hashtag (#LearnOnTikTok) earlier this summer with a […]
Singapore-based digital business assistant Osome raises $3 million
Osome, a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. An extension of Osome’s seed round, the new funding was led by XA Network and AltaIR Capital. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor […]
Pivoting in the pandemic, Citysocializer relaunches as a ‘Get Your Guide for virtual events’
Citysocializer, previously a platform for promoting real-world socializing in cities, has relaunched, becoming something akin to a ‘Get Your Guide for virtual events’. Just as other startups have pivoted to ‘lean in’ to current circumstances, this startup has turned its attention to how people can monetize their skills and passions from home doing the COVID-19 […]