Catherine Shu
Writer
The Latest from Catherine Shu
As Juul announces mass layoffs, a new lawsuit alleges it shipped a million contaminated pods
A lawsuit filed a by former Juul executive alleges that the company knew a batch of contaminated e-liquid had been used in about one million pods shipped to retailers earlier this year, but did not in
Market research platform Milieu Insight raises $2.4 million to launch in more Southeast Asian countries
Milieu Insight, a Singapore-based market research and data platform, announced today that it has raised $2.4 million in pre-A funding. The round, led by MassMutual Ventures Southeast Asia, will be use
ByteDance denies it will go public in Hong Kong next quarter
ByteDance has responded to a report in the Financial Times that said the Chinese internet startup plans to go public in Hong Kong as early as the first quarter of next year. “There is absolutely
Amazon acquires Health Navigator for Amazon Care, its pilot employee healthcare program
Amazon has acquired Health Navigator, a startup that develops APIs for online health services. According to CNBC, which first reported the deal, Health Navigator will become part of Amazon Care, its p
Microsoft reports a strong fiscal first quarter, but Azure’s growth rate continues to decline
Microsoft posted quarterly results today that were well ahead of analysts’ expectations, but Azure’s growth rate continues to decline as it competes with AWS. The company’s revenue for the first
PayPal reports solid third-quarter results, with total payment volume growing 25%
PayPal reported third-quarter results today that were slightly ahead of analysts’ expectations, driven by an increase in total payment volume. The company’s quarterly revenue grew 19% year-over-ye
Fabric raises $110 million Series B to expand its network of automated fulfillment centers in the US
Fabric, the startup that wants to make automated logistics available to retailers of all sizes, announced today it has raised $110 million in Series B funding. The round was led by Corner Ventures, wi
Is there room for a US equivalent to China’s No. 1 news app?
In China, Toutiao is literally big news. Not only has its parent company ByteDance achieved a $75 billion valuation, two of its apps — Toutiao, a news aggregator, and Douyin (Tik Tok in China) — a
TruTag raises $7.5 million Series C for tiny, edible barcodes that can be placed on pills, food and vaping systems
TruTag Technologies, a company that creates microscopic, edible barcodes to authenticate medications, food, vaping pods and other products, has raised a $7.5 million Series C. The funding, led by Pang
Edge computing startup Pensando comes out of stealth mode with a total of $278 million in funding
Pensando, an edge computing startup founded by former Cisco engineers, came out of stealth mode today with an announcement that it has raised a $145 million Series C. The company’s software and hard
Booqed, a Hong Kong-based platform for on-demand work spaces, raises $1.675 million in seed funding
Booqed, a Hong Kong-based platform for booking short-term work spaces, announced today that it has raised $1.675 million in seed funding. Participants include Colliers International (the commercial re
South Korea-based Mathpresso, developer of tutoring app Qanda, raises $14.5 million Series B
Seoul-based education technology startup Mathpresso announced today that it has raised $14.5 million in Series B funding. The company’s flagship app is Qanda, which provides students with math and s
Red Heart’s Heat Wave yarn knits together hand-crafting and new textile technology
Affordable and readily available, Red Heart is the yarn brand that many knitters, including me, used the first time we picked up a pair of needles. I was surprised to see a pitch from them land in my
Apple pulls HKmap from App Store, the day after Chinese state media criticized its ‘unwise and reckless decision’ to approve it
Less than a day after Apple was criticized by Chinese state media for allowing HKmap in the App Store, the crowdsourced map app said it had been delisted. Its removal comes less than a week after Appl
MIT is reviewing its relationship with AI startup SenseTime, one of the Chinese tech firms blacklisted by the US
The Massachusetts Institute of Technology said it is reviewing the university’s relationship with SenseTime, one of eight Chinese tech companies placed on the U.S. Entity List yesterday for their al
Southeast Asian real estate portal 99.co agrees to joint venture with iProperty, as their rival PropertyGuru prepares for IPO
Southeast Asian real estate portal 99.co has agreed to form a joint venture with iProperty. As part of the deal, iProperty owner REA Group will invest $8 million of working capital into the venture, e
Eight Chinese tech firms placed on US Entity List for their role in human rights violations against Muslim minority groups
Eight Chinese tech firms, including SenseTime and Megvii, have been added to the U.S. government Entity List for their role in enabling human rights violations against Muslim minority groups in China,
AI Medical Service raises $42.9 Series B for AI-based software that checks endoscopy scans for signs of cancer
AI Medical Service, a Tokyo-based company developing AI-based software to help detect gastric cancer, announced today that it has raised a $42.9 million Series B. Investors include Globis Capital Part
Notarize and Guaranteed Rate partner on new product that allows homebuyers to complete the entire closing process online
Notarize, a startup that enables people to get documents notarized online, announced today that it has partnered with Guaranteed Rate, one of the largest retail mortgage lenders in the U.S. Guaranteed
MyMilk Labs launches Mylee, a small sensor that analyzes breast milk at home
Many expectant mothers are told that breastfeeding will come naturally, but it is often a fraught and confusing experience, especially during the first few weeks after birth. Parents often worry about