Inside Seoul Robotics’s contrarian approach to autonomous vehicle tech

Seoul Robotics has taken a divergent path on the road to commercializing autonomous vehicles. Instead of developing and embedding the entire self-driving system, including sensors into a vehicle, Seoul is turning to surrounding infrastructure to do some of the heavy lifting. And its contrarian approach has attracted a new group of investors and $25 million … Read more

India proposes to regulate internet communication services

India has proposed to regulate internet-based communication services, requiring platforms to obtain a license for operating in the world’s second largest wireless market. The Department of Telecommunications’ new proposal, called Draft Indian Telecommunication Bill, 2022, seeks to consolidate and update three old rules — Indian Telegraph Act, 1885, Indian Wireless Telegraphy Act, 1933, and The … Read more

Mozilla urges action to unpick platform browser lock-ins

As antitrust regulators around the world dial up scrutiny of platform power, Mozilla has published a piece of research digging into the at times subtle yet always insidious ways operating systems exert influence to keep consumers locked to using their own-brand browsers rather than seeking out and switching to independent options — while simultaneously warning … Read more

Alibaba Cloud pledges $1B to boost overseas alliance

Alibaba is known for its sprawling e-commerce empire, but like Amazon, cloud service has been a big driver of its revenues in recent years. The Chinese cloud giant is ready to double down on its overseas reach and announced today a $1 billion investment in a “global partner ecosystem upgrade.” Alibaba Cloud is now the … Read more

Berlin’s Visionaries Club VC boosts its funds with €350M worth of fresh capital for B2B investments

It was back in 2019 that we reported on Visionaries Club, a new, Berlin-based, European VC focusing on B2B, founded by Sebastian Pollok and Robert Lacher. At the time, Visionaries Club had launched two new €40M micro funds for seed and growth-stage B2B. Pollok was previously a VC at e.ventures in San Francisco and also … Read more

Automatic emergency braking is not great at preventing crashes at normal speeds

AAA says the auto industry needs to update their testing protocols for AEB. | Image: AAA Automatic emergency braking (AEB) is pretty good at preventing low-speed rear-end crashes but kind of sucks when vehicles are traveling at more normal speeds, according to new research from the American Automobile Association (AAA). Starting September 2022, all new … Read more

EV charging operator Bump unlocks $180 million

French startup Bump has signed a multi-year financing partnership with DIF Capital Partners in order to roll out more charging stations for electric vehicles and double down on growth in general. It is an equity and quasi-equity $180 million deal that will be progressively unlocked from 2022 to 2030. Yesterday, ZePlug also announced a significant … Read more