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Magic Leap Hires Top Microsoft Executive as C.E.O.

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SAN FRANCISCO — Magic Leap said on Tuesday that it had hired Peggy Johnson, a top executive at Microsoft, to be its chief executive,...
Tech

Alphabet’s Loon launches its balloon-powered Kenyan internet service – TechCrunch

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Alphabet’s Loon has officially begun operating its commercial internet service in Kenya . This is the first large-scale commercial offering that makes use...
Tech

Berlin’s Cavalry Ventures closes €80M, backed by DACH founders and EIF – TechCrunch

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Cavalry Ventures, the Berlin-based early-stage venture fund which was the lead inceptor into BRYTER, has closed its second fund of €80M, more than 3.5x...
Tech

A Bird? A Plane? No, It’s a Google Balloon Beaming the Internet

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NAIROBI, Kenya — A fleet of high-altitude balloons started delivering internet service to Kenya on Tuesday, extending online access to tens of thousands of...
Tech

K Fund has another €70M to back early-stage Spanish startups and is launching a pre-seed program – TechCrunch

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K Fund is officially outing its fund II today, which sits at €70 million, up from €50 million the first time around. The remit remains...
Tech

OwnBackup lands $50M as backup for Salesforce ecosystem thrives – TechCrunch

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OwnBackup has made a name for itself primarily as a backup and disaster recovery system for the Salesforce ecosystem, and today the company announced...
Tech

Organise, a platform for worker rights, raises £570K seed funding led by Ada Ventures – TechCrunch

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Organise, a U.K. startup that has built a platform to help workers organise and campaign for better rights, has raised £570,000 in seed funding. The...
Tech

TikTok faces ban in the US; pulls out of Hong Kong – TechCrunch

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The world’s most popular short video app continues to be in the crosshairs of politicians globally. On Monday night, Secretary of State Mike Pompeo told...
Tech

Facebook-backed Unacademy acquires PrepLadder for $50 million – TechCrunch

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Indian online learning platform Unacademy said on Tuesday it has acquired Chandigarh-based startup PrepLadder for $50 million as the major edtech giant scouts...
Tech

Palantir Technologies Files to Go Public

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SAN FRANCISCO — Palantir Technologies, a Silicon Valley data start-up, said on Monday that it had filed to go public, setting up one of...
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