Startups – SofttPlus.com

Startups

While tech waffles on going public, biotech IPOs boom – TechCrunch

July 21, 2018

For people who make investment decisions based on revenues and projected earnings, biotech IPOs are kind of a non-starter. Not only are new market entrants universally unprofitable, most have zero revenue. Going public is mostly a means to raise money for clinical trials, with red ink expected for years to come. That pattern may be […]

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CowryWise micro-savings service opens high-yield government bonds to everyday Nigerians – TechCrunch

July 20, 2018

In emerging market countries where economic volatility is a way of life, there aren’t a lot of relatively safe options for members of the burgeoning middle class to park their money. For instance, countries like Nigeria have experienced a tremendous growth in the number of citizens entering the middle class, which now accounts for about […]

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What should competitive Fortnite look like? – TechCrunch

July 20, 2018

Last weekend, Epic Games put forth its first true effort at official competitive Fortnite Battle Royale. It was a disaster. The private hosts used for the tournament were about as laggy as could be, with pro players getting eliminated simply because they couldn’t move. This tournament was for a total prize of $250K. That’s big […]

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Tempow’s Bluetooth stack can improve your TV setup – TechCrunch

July 20, 2018

French startup Tempow has been working on improving the Bluetooth protocol at a low level to make it more versatile. The company is introducing a new audio profile for your TV or set-top box. TV and set-top box manufacturers can license Tempow’s software and integrate new features in their devices. It works with regular Bluetooth […]

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Public shareholders got high today on Tilray, the first marijuana company to IPO on Nasdaq – TechCrunch

July 20, 2018

Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 million shares at $17 apiece and watched them soar, closing at $22.39, a jump of slightly more than 32 percent. It […]

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Yelp partners with event management startup Gather to make planning your next party easier – TechCrunch

July 19, 2018

Event management software company Gather today announced the introduction of its Gather Booking Network, and inaugural partners Yelp and EVENTup. The network is designed to help party goers, venues and event planners connect more easily and start celebrating sooner. Gather was founded in 2013 by CEO and co-founder Nick Miller, Alex Lassiter (SVP of Sales) […]

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Malta paves the way for a decentralized stock exchange – TechCrunch

July 19, 2018

Malta AKA “Blockchain Island” has been making waves lately in the world of cryptocurrency and governance. Their latest move involves the crypto exchange Binance and the ICO builders at Neufund. The plan is simple: Neufund will help MSX, the Malta Stock Exchange’s skunkworks, create tokenized securities. Binance has agreed to carry these securities on its […]

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Ofo shuts down many international markets to focus on profitability – TechCrunch

July 19, 2018

Chinese bike-sharing company Ofo is entering a new phase. After a period of aggressive growth, the company is looking back at its international markets and focusing on the most promising ones. A couple of weeks ago, the company issued a press release highlighting some of the priorities outside of China. As part of this move, […]

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Lifebit raises $3M to scale-up AI-powered analysis of DNA data – TechCrunch

July 19, 2018

Making sense of DNA data is a two-step process, namely the biochemical-sequencing of the DNA and the analyzing and extracting insights from the sequenced DNA data. As of today in 2018, the first part of this process is now almost fully automated requiring minimal human intervention. Even sequencing costs have dropped below $1,000 and soon […]

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Uber partners with Cargo to help drivers make money by selling stuff to riders – TechCrunch

July 19, 2018

Uber has teamed up with Cargo, a startup that makes it easy for rideshare drivers to sell goods to their passengers. Cargo works by giving drivers free boxes, filled with goods like gum, phone chargers and snacks, to sell to passengers from the center of the car console. Cargo, which has partnered with brands like […]

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