Facebook launches Libra Association—and says 180 companies could join

Facebook launches Libra Association—and says 180 companies could join

Facebucks — Twenty-one organizations formally became Libra members on Monday. Timothy B. Lee – Oct 15, 2019 11:00 am UTC Shrugging off defections by a number of high-profile partners, the Libra Association held its first formal meeting on Monday. The 21 companies that still support the cryptocurrency project formally ratified the Libra Association’s governing documents…

Algolia finds $110M from Accel and Salesforce for its search-as-a-service, used by Slack, Twitch and 8K others

Algolia finds $110M from Accel and Salesforce for its search-as-a-service, used by Slack, Twitch and 8K others

Algolia, one of the group of startups that provides search as a service for websites and apps as an alternative to Google and other search engines, is announcing a major round of funding today to fuel its growth. The startup — which already has over 8,000 customers, including big names like Twitch, Slack, Discovery and…

South Korea-based Mathpresso, developer of tutoring app Qanda, raises $14.5 million Series B

South Korea-based Mathpresso, developer of tutoring app Qanda, raises $14.5 million Series B

Seoul-based education technology startup Mathpresso announced today that it has raised $14.5 million in Series B funding. The company’s flagship app is Qanda, which provides students with math and science help and tutoring. Participants in the round include Legend Capital, InterVest, NP Investments and Mirae Asset Venture Investment. This brings Mathpresso’s total funding so far…

Tesla Buys Hibar Systems for Faster Battery Production –  Assembling 1000 Parts Per Minute

Tesla Buys Hibar Systems for Faster Battery Production – Assembling 1000 Parts Per Minute

Tesla Buys Hibar Systems for Faster Battery Production – Assembling 1000 Parts Per Minute Brian Wang | October 14, 2019 | Tesla bought, Hibar Systems, a Richmond Hiller, Ontario-based battery maker. Hibar is a world leader in the development of battery manufacturing technology. Hibar Systems was 30 years old. They have accumulated“technical know-how and manufacturing…