Edition:
United States

Jane Lanhee Lee

Gong, AI for sales teams, raises $200 million at $2.2 billion valuation

Aug 12 2020

Gong I.O Ltd, a platform leveraging artificial intelligence for sales teams, on Wednesday said it raised $200 million at a $2.2 billion valuation, and said its revenues roughly tripled in the first half of 2020 as people shifted to working from home during the coronavirus pandemic.

Global tech show CES in Las Vegas to be only online in 2021 due to COVID-19

Jul 28 2020

CES, the biggest global tech and gadget show, held every January in Las Vegas, will be only online in 2021 due to concerns over the coronavirus pandemic, organizer Consumer Technology Association said on Tuesday.

SoftBank-backed startups among those approved for U.S. paycheck loan program

Jul 27 2020

(This July 6 story has been refiled to clarify that CloudMinds Technology Inc is a U.S.-based subsidiary of CloudMinds Inc in paragraphs 5-6)

U.S. prosecutors say Chinese researcher is evading arrest in San Francisco consulate

Jul 23 2020

OAKLAND, Calif. The FBI believes that a Chinese researcher, accused of visa fraud for hiding her affiliation with the Chinese military, has been holed up in the Chinese consulate in San Francisco for a month, according to court filings. | Video

U.S. prosecutors say Chinese researcher is evading arrest in San Francisco consulate

Jul 22 2020

OAKLAND, Calif. The FBI believes that a Chinese researcher, accused of visa fraud for hiding her affiliation with the Chinese military, has been holed up in the Chinese consulate in San Francisco for a month, according to court filings.

Airbnb approached about blank-check company merger for public listing: CEO

Jul 22 2020

Home rental startup Airbnb has been approached about going public through a merger with a blank-check acquisition company, a novel way of listing on the stock market that is gaining traction, co-founder and chief executive Brian Chesky said on Wednesday.

Exclusive: Amazon plans at least $100 million to keep Zoox talent after $1.3 billion deal

Jul 09 2020

Amazon.com Inc plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant.

Data shows companies that raised funds in 2020 also approved for U.S. PPP loans

Jul 08 2020

Several Silicon Valley firms backed by venture capitalists were unsure over whether to apply for a U.S. pandemic aid program, but data analyzed by CB Insights shows a big chunk of companies that raised funds this year also applied for the aid.

SoftBank-backed startups among those approved for US paycheck loan program

Jul 06 2020

OAKLAND, Calif. Four technology startups backed by SoftBank Group Corp's $100 billion (£80 billion) Vision Fund were among the small companies approved for a U.S. pandemic aid program, according to data released by the Treasury Department on Monday.

UPDATE 1-SoftBank-backed startups among those approved for US paycheck loan program

Jul 06 2020

OAKLAND, Calif., July 6 Four technology startups backed by SoftBank Group Corp's $100 billion Vision Fund were among the small companies approved for a U.S. pandemic aid program, according to data released by the Treasury Department on Monday.

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