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AnyClip snaps up $47M for its video search and analytics technology

Video is, quite literally, what gets the world moving online these days, expected to account for 82% of all IP traffic this year. Today a startup that has built a set of tools to help better parse, index and ultimately discover that trove of content is announcing a big round of funding to expand its…
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25 May 2021 0

Epic vs Apple: what we learnt from the trial that could change the iPhone

When Epic Games, the maker of Fortnite, opened its case against Apple at the start of this month, accusing the iPhone maker of operating an illegal monopoly, the legal analyst Nick Rodelli gave the software developer a one-in-three chance of prevailing. Others put the odds even lower. By the time the judge retired on Monday…
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25 May 2021 0

Reddit forum discussions swing from meme stocks to crypto

Discussion on Reddit’s main cryptocurrency forum has overtaken activity on the “meme stock” forum WallStreetBets this month, reflecting how many day traders have switched their focus from the equity market to digital coins in the hunt for quick returns and a bit of fun. Data from the research group Quiver Quantitative shows that comment volumes…
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25 May 2021 0

US steel lobby mobilises to preserve Trump’s tariffs

US president Joe Biden’s promise to end trade wars with Europe after four years of transatlantic strain under Donald Trump is running into hard opposition from the American steel industry. Steel mills in the US have prospered in the past year as commodity prices have surged and the industry consolidates. Another factor in their favour…
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25 May 2021 0

Facebook co-founder Saverin’s B Capital doubles down on SaaS in China

B Capital Group, the six-year-old venture capital fund formed by Facebook co-founder Eduardo Saverin and Bain Capital veteran Raj Ganguly, is doubling down on China as it looks to allocate $500 million to $1 billion of its fund into Chinese tech companies over the next few years. With $1.9 billion assets under management, B Capital…
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25 May 2021 0