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U.K. eases COVID-19 travel restrictions for fully vaccinated Indians
The United Kingdom has reportedly exempted fully vaccinated Indian travelers from the 10-day hotel quarantine, as it moved the country to its ‘amber’ list from the previous ‘red’ allocation. For those unaware, England’s traffic light system for international travel s... Read More
Loship bags USD 12 Mn in pre-Series C funding at USD 100 Mn valuation
Vietnamese-based one-hour delivery e-commerce startup, Loship, which started its journey as a reviews app, reportedly raised USD 12 million in a pre-Series C funding round led by BAce Capital, valuing the company at USD 100 million. The round also saw participation from SQ Capital Group, Singapor... Read More
Semiconductor startup Spectricity raises USD 16 Mn in Series B funding
The company has now reached a valuation of USD 23 million. The fresh funds will be used to hire new talent and expand product offerings. Belgian hyperspectral sensing solutions provider Spectricity has reportedly secured USD 16 million in Series B funding round, now valuing the company at... Read More
Australia toughens COVID-19 restrictions following Delta variant spike
With the highly contagious Delta COVID-19 variant cases on the rise, Australia’s Queensland has extended lockdown in Brisbane from 2nd August 2021 to 8th August. Sydney has also deployed hundreds of soldiers to enforce stricter directives for staying at home. Brisbane’s lockdown... Read More
U.S Senate advances Biden’s top priority USD 1 Tn infrastructure bill
U.S. senators have reportedly unveiled a sweeping USD 1-trillion bipartisan deal to invest in roads, ports, high-speed internet, and other infrastructure, making it the largest public works legislation to be drafted in decades. The bill that has long eluded Congress has been a top priority for U.... Read More
Sneaker platform SODA bags USD 56.4 Mn in Series C, buys rival Monokabu
Japanese sneaker platform SODA Inc. recently announced it raised USD 56.4 million in a Series C funding round led by SoftBank Ventures Asia. The round also saw participation from other investors such as JAFCO Group Co Ltd., Altos Ventures, and Korea-based sneaker reselling platform KREAM. In a... Read More
Rapid.Space and Nexedi KK to launch hyper open cloud service in Japan
Global provider of converged cloud and 5G infrastructure, Rapid.Space has recently announced its foray into the Japanese market in partnership with Nexedi KK, which is Europe’s largest open-source/ free software publisher. The company currently has over 200 points of presence across the glo... Read More
Alphabet outperforms expected Q2 earnings as digital commerce surges
Google parent company Alphabet Inc. reportedly exceeded the second-quarter earnings expectations of Wall Street, benefitting from the upsurge in digital commerce amid the pandemic. Sources close to the matter stated that the search-and-services firm clocked USD 61.9 billion in revenue, USD 18.5 b... Read More
Chipmaker TSMC mulls over Germany for first Europe chip plant
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) stated that it is too early to talk about its factory expansion in Germany and that the talks are in the initial phases as the European Union seeks to reduce chip imports amid the supply shortage. The European Commission had conducted discussions w... Read More
COVID-19 cases surge in Australia, police warn of protest repeat
Despite a weeks-long stay-at-home order, Australias most populated state reportedly recorded an increase in new COVID-19 cases, and police swore to suppress any recurrence of the raucous anti-lockdown rally over the weekend. New South Wales, which had imposed a lockdown in Sydney to curb the wide... Read More