Month: October 2022

With $17M in funding, Immerok launches cloud service for real-time streaming data

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In 2011, the Apache Software Foundation released Flink, a high-throughput, low-latency engine for streaming various data types. A decade later, a startup called Immerok — founded by David Moravek, Holger Temme, Johannes Moser, Konstantin Knauf, Piotr Nowojski and Timo Walther — has developed an Apache Flink cloud service called Immerok Cloud, which is serverless — … Read more

Geely’s Europe expansion continues, Argo robotaxis on the Lyft app and Tesla AI Day takeaways

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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe … Read more

Tim Cook is latest CEO to question the ‘metaverse’

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Tim Cook at the recent iPhone 14 launch. | Photo by Kevin Mazur/Getty Images While Meta funnels billions into CEO Mark Zuckerberg’s pitch for the metaverse, Apple CEO Tim Cook thinks most people couldn’t even define the metaverse, let alone spend long periods of time living their lives inside of it. “I always think it’s … Read more

Maserati’s GranTurismo Folgore will be its first EV

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The Folgore EV is one of three GranTurismo models coming. | Image: Maserati Maserati is releasing new details on its redesigned GranTurismo luxury performance coupe, and offers some fresh tidbits on the upcoming all-electric version of it. Announced in March, The GranTurismo Folgore will be the automaker’s first EV, and will launch ahead of its … Read more

South African startup Talk360’s seed funding hits $7M after new backing

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Months after the initial close of its seed round, Talk360, a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million. Talk360’s latest investors include Allan Gray E2 Ventures (AGEV), Kalon Venture Partners, E4E Africa, Endeavor, existing lead investor HAVAÍC, … Read more

TikTok said to be launching live shopping in the US

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TikTok is hunting for partners to launch its live shopping offering in the US as it is looking to outsource operations for these features. According to a report from Financial Times, the short video app has been talking with California-based TalkShopLive to provide infrastructure for live shopping features on TikTok. This tech will allow creators … Read more

Prosus terminates $4.7 billion BillDesk acquisition

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Prosus Ventures and its subsidiary payments giant PayU have called off the $4.7 billion merger of BillDesk they announced last year, saying “certain conditions precedent” were not fulfilled by the deadline in a surprising development a month after the proposed acquisition received approval from the local antitrust watchdog. “Certain conditions precedent were not fulfilled by … Read more