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Tech is having a reckoning. Tech investors? Not so much.
They have also been indirect beneficiaries of the insurrection at the Capitol, with spikes in users as a result of the mainstream services’ deplatforming President Trump, his surrogates, and accounts promoting the QAnon conspiracy. In a few cases, public pressure has forced action. DLive, a cryptocurrency-based video streaming site, which was acquired by BitTorrent’s Tron Foundation in October 2020, suspended or permanently banned accounts, channels, and individual broadcasts after the Southern Poverty Law Center identified those that livestreamed the attack from inside the Capitol building. Neither Tron Foundation, which owns DLive, nor Medici Ventures, the Overstock subsidiary that invested in … Read More
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Autonomous driving startup Uisee attracts Chinese state investor in $150M round – TechCrunch
There is no lack of state funding for China’s smart driving startups nowadays as the country advances its goal to become a global leader in artificial intelligence in a decade’s time. The latest to get a financial boost is Uisee, a Beijing-based company founded by a group of tech veterans including the former head of Intel Labs China, Wu Gansha. Uisee said Monday it has closed a funding round north of 1 billion yuan ($150 million) from investors including the National Manufacturing Transformation and Upgrade Fund, a $21 billion state-backed fund set up in 2019 to promote and upgrade the … Read More
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