Business

Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously. Its Series C funding was led by 5Y Capital, with…

Sony Pictures Networks India said on Wednesday it has agreed to acquire Zee Entertainment, which if the deal materializes, will bring together two of the largest broadcasting giants in India that run large cable television networks, streaming services, music labels, and own scores of other digital assets. The subsidiary of…

The Wall Street Journal published a powerful multi-part series on the company this week, drawing from internal documents on everything from the company’s secretive practice of whitelisting celebrities to its knowledge that Instagram is taking a serious toll on the mental health of teen girls. The flurry of investigative pieces…

French startup Skello has raised a $47.3 million funding round (€40 million). The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company. What makes it special is that Skello automatically takes into account local labor laws and collective agreements. Partech is…

The first all-civilian crew in history has made it to space. The Inspiration4 crew took off from NASA’s Kennedy Space Center in Florida at 8:04 EST PM, commencing the first space mission in human history featuring zero trained astronauts. The reusable first-stage of the Falcon 9 rocket executed two burns…

Google’s streaming TV service, YouTube TV, announced today it’s adding more Spanish-language networks to its base membership package and is preparing to launch an add-on package that will include even more Spanish-language content. Starting today, all subscribers will gain access to three new TV networks at no additional cost: Univision,…

The U.S. Securities and Exchange Commission (SEC) has charged App Annie, a leading mobile data and analytics firm, as well as its co-founder and former CEO and Chairman Bertrand Schmitt, with securities fraud. App Annie and Schmitt have agreed to pay over $10 million to settle the fraud charges which…

Walmart has tapped Argo AI and Ford to launch an autonomous vehicle delivery service in Austin, Miami and Washington D.C., the companies said Wednesday. The service will allow customers to place online orders for groceries and other items using Walmart’s ordering platform. Argo’s cloud-based infrastructure will be integrated with Walmart’s…

Casper has laid off dozens of employees, including three C-Level executives: its chief marketing officer, chief technology officer and chief operating officer, sources say. The mattress company declined to comment. The round of layoffs, communicated to employees on Friday, largely impacted retail and operations teams, signaling that the business may…

The first production Rivian R1T electric pickup truck in “Rivian blue” rolled off the assembly line Tuesday morning at the company’s factory in Normal, Illinois, marking a milestone more than a decade in the making for the automaker and its founder and CEO, RJ Scaringe. The company, which started in…