Startup funding increases 31% in Egypt during 2020
Egypt held the second-biggest share of venture capital investment in MENA last year, falling behind the UAE, which…
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startup
Amazon wants to invest in start-ups, but some are nervous about taking the money
Amazon came under fire in May when its newly released Echo Show looked almost identical to an existing…
Facebook has acquired a content rights startup called Source3 to help fight video pirates
Facebook has acquired a startup to help it crack down on users who share pirated videos and other content without…
Ex-Intel engineer to build new startup in Egypt before year-end
Intel Corporation’s ex managing director in Egypt and Levant is planning to create a new communications and…
Egyptian taxi app Ousta says ride requests climb 30% a week
Egyptian taxi-hailing startup Ousta announced receiving more than 500,000 ride requests claiming to have a 30…
Chinese investors buy ad tech startup Media.net in a $900 million deal
Advertising technology startup Media.net, founded by tech entrepreneur Divyank Turakhia, said on Monday it had been…
Intel to acquire artificial intelligence firm Nervana Systems
Intel Corp said on Tuesday it would acquire startup Nervana Systems as the world's largest chipmaker bolsters its…
Apple buys artificial-intelligence company Turi
Apple Inc has acquired an artificial-intelligence startup called Turi, according to multiple reports Friday…
Airbnb seeks funds valuing it at $30 billion
Apartment-sharing startup Airbnb is in talks for a new round of funding that would value the company at $30…
Airbnb gets $1 billion debt facility to fund expansion
Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new…
