EconomyWeb | Global Economic Outlook
Grocery delivery startup Honestbee is running out of money and trying to sell
April 26, 2019
Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with […]
Carbon, the fast-growing 3D printing business, is raising up to $300M
April 26, 2019
Carbon is issuing new shares at a valuation of $2.5 billion.
Movie subscription service Sinemia is ending US operations
April 25, 2019
Over the past few months, Sinemia has gone from promising MoviePass competitor to the source of frustration for moviegoers across the country. After rumors surfaced earlier this week that it would be backing away from its troubled subscription-based movie ticket offering, it posted official word tonight that it will be shutting down operations in the […]
Uber will reportedly seek up to $90 billion valuation in IPO
April 25, 2019
Uber is reportedly looking to sell shares between $44 to $50, aiming to raise $8 to $10 billion in the offering. This would value the company between $80 billion to $90 billion, Bloomberg reports. Previous reports had pegged Uber’s valuation at around $120 billion. Still, that valuation is higher than its last valuation of $76 […]
The Markup faces staff exodus and funder scrutiny following ouster of Julia Angwin
April 25, 2019
The Markup appears to be facing a staff revolt — and its financial backers may be reconsidering their support — following the firing of editor-in-chief Julia Angwin. When the site was announced last fall, it was backed by $20 million from Craigslist founder Craig Newmark, with additional funding from the John S. and James L. […]

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STARTUP • Business
Tableau, Mapbox, Exasol, and Alteryx contribute $4.3 million to fight malaria in sub-Saharan Africa
April 26, 2019
Tableau, Mapbox, Exasol, and Alteryx pledged to contribute $4.3 million in technology and training to fight malaria in sub-Saharan Africa.
Venture Deals
Happy Returns Scoops Up $11M
April 25, 2019
SANTA MONICA, CA, Happy Returns has raised funding through a strategic investment from PayPal as part of an $11 million round.
Credly Announces $11.1M Financing Round
April 25, 2019
NEW YORK, NY, Credly today announced $11.1 million in new funding.
Digital Guardian Inks $30M
April 25, 2019
WALTHAM, MA, Digital Guardian today announced it has received $30 million in additional financing.
Northpass Secures $4M Series A Investment
April 25, 2019
PARSIPPANY, NJ, Learning solution for driving business performance, has secured $4 million in Series A funding led by Edison Partners.
Embrace Raises $4.5M
April 25, 2019
LOS ANGELES, CA, announced that it has raised a $4.5 million funding round led by Pritzker Group Venture Capital.
Motimatic Raises $4M Growth Funding
April 25, 2019
SAN FRANCISCO, CA, Motivation system that uses advertising networks to achieve social good, has successfully closed $4 million in growth capital.
Venture Capital
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STARTUP • Trends
iFixit pulls Galaxy Fold teardown at Samsung’s request
April 25, 2019

What in the world is going on over at Samsung in the wake of the Galaxy Fold delay? The whole situation keeps refusing to normalize, and instead gets weirder nearly every day. The latest is that iFixit has decided to honor a Samsung request to pull its Galaxy Fold teardown off the internet, even though Samsung apparently didn’t ask iFixit to do so directly.

This oddity follows AT&T’s seemingly arbitrary decision to email a potential ship date for the Galaxy Fold despite the fact that Samsung hasn’t officially set a new release date. By requesting that iFixit pull the teardown, Samsung is apparently willing to risk the Streisand effect when it comes to people clamoring to see the innards of its device. Here’s part of iFixit’s statement...

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Technology Trends
Internet Trends
The CIA wants you to believe it traded assassinations and espionage for likes and shares
April 26, 2019

The Central Intelligence Agency (CIA) has a bit of a reputation. Depending on what side you’re on, it’s either a necessary cog in the intelligence machine, or an evil organization used to spy on citizens both foreign and domestic. But whatever you believe, it’s become increasingly clear that the CIA isn’t what you think it is. And that’s by design. For decades, whenever someone mentioned the CIA it was typically under the guise of a favorable outcome or an explosive new allegation. It was a spy movie in that no one outside the agency truly understood what was happening. The…

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STARTUP • Insights
PupBox brought puppies to the 'Shark Tank' stage, and now it's been acquired by Petco
April 25, 2019
How these Shark Tank entrepreneurs transformed their class project idea into a national retail success
Startup Insights
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Great Earnings Numbers Push Facebook Stock Higher, While Lousy Earnings Drive Down Tesla
April 25, 2019
The Entrepreneur Index™ was down on the day.
How Israel Became the Global Leader in Cannabis Research
April 25, 2019
Israeli researchers have explored the plant's seemingly limitless beneficial uses for decades while the US remained stubbornly in a prohibition dark age.

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STARTUP • Stories
Executive education that fits your lifestyle
April 26, 2019
A start-up is taking on business schools by teaching workplace skills through a web tutor
Duke’s agritech business looks to change farming
April 26, 2019
Wheatsheaf head says traditional cattle rearing is ready for innovation
Amazon: shipping shape
April 26, 2019
Online retailer’s traditional business is in a strong position, but any advantage helps
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