Rhea LiuTwitch-like game streaming website, Douyu TV, is reported to have raised a large amount of funding from Tencent, the WSJ reported earlier.The game streaming business is hot around the world.Twitch was acquired by Amazon last year for USD 97 million and Youtube has established an independent channel, Youtube Gaming as of June, in addition to having just launched a mobile game streaming application in Japan.There were an estimated 30 million Chinese gamers watching game streaming websites as of last year and that number may hit 100 million in 2016, according to iResearch.Chinese investors have increased their interests in the top Chinese game streaming websites.AllChinaTech has handpicked the most popular game streaming companies currently operating in China.It has since fundraised an A-series of RMB 20 million USD 3.17 million and a B-series of USD 20 million both from Sequoia Capital.Douyu, as the leader of game streaming in China, has daily pageviews of 39.69 million.It has been criticized for its aggressive expansion.Earlier this year, Douyu hired six top live casters from rival Huya.com together worth RMB 60 million.Huya.comPreviously known as YY Livecasting, Huya belongs to NASDAQ-listed company YY.
On Nov. 23, APARTSMAN, an ELV end-of-life vehicle dismantling and processing company, received RMB 50 million USD 7.8 million in a round of pre-A series funding from Jiangsu Chenlong Group, boosting its valuation to USD 39 million.APARTSMAN, based in Beijing, has branches in places like Hong Kong, Guangzhou, America and Japan.APARTSMAN s main businesses include intelligent vehicle dismantling by experienced overseas technicians and selling dismantled parts to developing countries through its e-commerce platform.Zhu Jiangang, CEO of APARTSMAN, said the market for dismantled vehicle parts in China is expecting a surge in the near future, up to RMB 600 billion.Dismantled parts and second-hand parts are the future of China s auto parts in the after-sales market, according to Zhu.
Full Circle Insights, a sales and marketing analytics company, is announcing today a $4.7 million series B round led by Aligned Partners and Salesforce Ventures.Along with the company’s previous round, this brings the total raised to $9.5 million — with the plan to significantly expand sales and marketing and to develop new products.I caught up with CEO Bonnie Crater to talk about the exploding nature of the sales tech landscape and where her company fits within the spectrum of hundreds of companies and $10 billion in funding for the total sales tech landscape.“We call it marketing performance management,” Crater said.“Marketers today struggle to figure out which campaigns are impacting revenue.Full Circle Insights does this process of calculating attribution through a variety of methods, which can be customized for each client.
Finnish science is in stable condition as well as the world average, occurs in the Finnish academy of Science space 2016 -report.for Example, the number of scientific publications per capita in many OECD countries compared with the highest, and Finnish researchers ' international co-publications share has clearly grown in recent years.in the Years 2011-2014 international co-publications was more than half, when in the early 1990s, the number was 27 percent.the number of Scientific publications over the last ten years elevated a little bit, but other research-intensive countries are, however, progressed the fastest.according to the Report of Finland of the above were, for example, Norway, Switzerland, Sweden and Denmark.University research expenditures last year were 1.45 billion euros, of which more than half of universities basic funding.
the corporate restructuring drive in case of a listed company, talvivaara's share issue the production company a bunch of new owners, when the majority of creditors sign a debt owed by marking the new shares.the liquidator Pekka Jaatinen looked at shares the success of giving winterfell to a "strong chance" yet to a new life, possibly new on industries.on the other Hand, nothing prevents it, either, that the company could still try to get involved, when the state is looking for funding its owned by terra fame today to run the mining operations.restructuring debt was winterfell with a total of more than 450 million euros.That the sum of the nearly 236 million, therefore, was used in the Talvivaara share subscription of 11.4 cents per share price.the Remaining restructuring debts cancelled almost completely, if the Espoo district court to confirm for the proposed restructuring program
the true finns mps, transport and communications committee chairman, Ari Jalonen said in his opening speech to the Caravan Show-trade fair in Turku today, that motorhomes and caravans is not coming from the tax."This is circulating untrue rumors.Motorhomes and trailers will not become a tax," Jalonen said in the announcement.at the Same time Jalonen fretted motorcycle to the planned tax.Jalonen also stressed that this government will make significant additional investments in road maintenance."Road repair debt is huge, and the government has increased road maintenance funding, so that more of you will be in better shape."
the Government was today, Wednesday, to deal with the opposition of the spacing issue regarding the vocational education cuts and reform.the Cuts after the whole vocational education should be the number to do early next year to start reform.South-Savo Education Ltd, managing director Arja-Leena saastamoinen foundation said he was concerned that the cut will jeopardize the continuity of the first and foremost investment required by sectors such as technology, construction and forestry machine operator training.”I don't know any other sector, which made such a harsh cut at once, even if student numbers remain roughly the same”, He said.a Total professional from the second grade is to cut funding roughly 25 percent,” He sums up.Stenbacka is the number of cuts in the same figures as the saastamoinen foundation.
A year ago, privately held online lenders like Prosper, SoFi, and Avant looked all but certain to go public at the same, if not higher, than the unicorn valuations than their venture investors have assigned them.In an SEC filing yesterday, Lending Club, which announced the surprise departure of its founder and CEO last Monday, revealed that investors who contributed a significant amount of funding for loans are now examining that performance or are otherwise reluctant to invest.But what started out as a disruptive movement known as peer-to-peer was far more novel than what it became, which, in many cases, is a front for whoever is providing some of these startups with capital to lend.While companies operating in this space come with inherent advantages — they use automated loan applications; they have no retail branches; they use electronic data sources and tech-enabled underwriting models that help them to quickly identify a borrower s credit risk –having deep-pocketed friends has made other things easier, like provide funding decisions within 48 to 72 hours.Smartly, some players are already looking to reimagine themselves as broader financial outfits.It also said last month that it s hoping to drum up more investor demand for the debt it originates by starting a hedge fund that will buy its own loans.
One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd. s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that s predictable.We have enough money in the bank to last 21 quarters if we keep spending at the same rate as last year, Vijay Shekhar Sharma, chief executive officer of One97 that owns Paytm, said in an interview to Bloomberg TV in Hong Kong.One97, which was founded in 2000 by Sharma, doesn t plan to sell shares in an initial public offering for at least three years, Sharma said.The company has received funding from Intel Capital, private-equity firm SAIF Partners and Fitbit Inc.-backer Sapphire Ventures LLC.A Morgan Stanley fund marked down the value of its investment in Flipkart by more than 25 percent, paring the valuation to $11 billion in less than a year from as high as $15 billion.India s only food-tech unicorn, Gurgaon-based Zomato Media Pvt., saw its billion-dollar valuation slashed in half this month by analysts at HSBC Securities and Capital Markets India .Paytm started as a provider of value-added-services for mobile phones and later evolved into a marketing platform for consumer brands to reach customers via text messages and voice calls.The payment-processing system Paytm is the public face of One97.Its businesses include mobile-recharge services and an e-commerce platform where consumers can find goods including clothing and cameras.
EyeSight's innovation doesn't require new hardware to be built, instead embedding a code into apps or software within existing capabilities on smartphones compatible with VR.Photo: Getty ImagesA start-up that makes technology to allow you to control devices touch-free with gestures has raised US$20 million to accelerate its products, including a new product that allows consumers to make selections on a virtual reality VR headset by touching thin air.Israeli-based eyeSight Technologies received the investment from Chinese conglomerate Kuang-Chi, which manufactures and researches new technologies.The solution from eyeSight Technologies allows a user to simply place their finger in front of the VR headset and move it around.A company that produces VR headsets powered by mobile does not need to build new hardware.The funding will help eyeSight commercialise its solutions and also get a foothold in China with Kuang-Chi now on board as an investor.
But the company s voice platform is fast, alarmingly accurate, and likely baked into tons of products we interact with in some form or another.MindMeld was founded in 2011 and is backed by over $15 million in funding.The company shows example after example of how voice beats just about every other input for generating a response, and even showed off its chops against incumbent giants like the Apple TV voice search.I caught up with CEO Tim Tuttle to see how the company fits into the broader scheme of AI giants e.g., IBM Waton, Amazon Echo and NLP-based startups and to get a view at where we might be headed.We re currently engaged with companies in video, music, quick service restaurants, fashion retailing, IoT, and other categories.There is definitely much greater awareness of AI based conversational interfaces among our target customers than there was even six months ago, Tuttle told me.That s the power of MindMeld s underlying tech — it s not just about powering conversational bots on Facebook Messenger and other messaging platforms the company released its bot platform yesterday, as well .Given the dramatic shift in user behavior we are seeing, this will probably change over the next year.Tuttle, like many others in the media, is particularly unimpressed by the range of bots out there in the wild.
Chinese mobile dating app Tantan has raised a $32 million USD series C funding from a group of investors, including LB Investment, Vision Capital 元璟资本 , and DST Global.The latter is headed by Russian billionaire Yuri Milner, whose investment portfolio includes big name tech companies, including Didi Chuxing, Xiaomi, Facebook, Snapchat, and Twitter.After this round of funding, we plan to continue focusing on user pain points, improving daily usage, and consolidating our position in the social application industry, a PR spokesperson from Tantan told TechNode.Well this looks familiar…The company claims to have 2.5 million active users, about 80% of which are part of China s post-90 s generation.According to Chinese media, the male-to-female ratio on Tantan s app is 6:4.Founded in 2014, the Chinese app is almost identical to Tinder, down to its UI which lets users swipe left and right for potential matches.In 2015, the Beijing-based company came under fire when multiple security risks in the app were revealed by Hong Kong-based entrepreneur, Larry Salibra.By reverse-engineering the Chinese app, Mr. Salibra discovered that sensitive user data, including passwords and telephone numbers, were not encrypted and vulnerable to hackers.
Oliver Samwer, the billionaire founder of Berlin startup incubator, Rocket Internet, has teamed up with London-based venture capital firm LocalGlobe to back a new property company Goodlord in a £2 million seed funding round.Cofounded in London in 2014 by former Foxtons estate agent Richard White and brothers Philip and Tom Mundy, Goodlord is an online service that allows tenants to pay their holding deposits, complete their references and sign the agreement from their computer, or mobile phone."Our platform connects all the stakeholders and it does it in a way that is transparent and fair to all sides," said White, the company's chief executive, in a statement.Tenants want to go and see a property and say 'Yes I ll take it' and for the deal to happen right there."Goodlord — already transacting thousands of tenancies a month — said it will use the new funding to hire more people to help build out its infrastructure and to add new features across its platform.The company currently has between 15 and 20 staff."Samwer pledged the money through his new fund, Global Founders Capital.NOW WATCH: Bumble founder: Men should stop putting these 4 things in their profilesLoading video...
Report authors call on gov.UK, business to up their spendLeaving the EU could mean UK universities lose a whopping £1bn research funding, according to report released by Digital Science today.Their data showed the UK was the fifth-largest producer of science and technical articles behind USA, China, Japan and Germany, despite receiving just 1.63 per cent from public and private sectors in research.Figures from the Organisation for Economic Cooperation and Development reveal that investment from UK companies contribute only 1.06 per cent of GDP toward research and development.This is below the average of many European countries and is almost 80 per cent lower than the R investment made by German businesses.Should the UK vote to leave next month, the report stresses that significant political efforts will need to be made to plug the funding gap and avoid long-term damage to the research and education sector .Ridley said that some of the biggest scientific organisations including The European Space Agency, The European Molecular Biology Organisation and CERN, were not EU-membership exclusive and was unfair if the EU parliament held the power to decide how money was spent.
Eight studies have received funding under Phase 2 of the NASA innovative Advanced Concepts program, including a proposal to blast tiny spacecraft to other star systems using powerful lasers.The high-risk, high-reward ideas — which received grants under Phase 2 of the NASA Innovative Advanced Concepts NIAC program — include a possible way to induce a hibernation-like state in Mars-bound astronauts and a proposal to blast tiny spacecraft between the stars using powerful lasers."The NIAC program is one of the ways NASA engages the U.S. scientific and engineering communities, including agency civil servants, by challenging them to come up with some of the most visionary aerospace concepts," Steve Jurczyk, associate administrator of NASA's Space Technology Mission Directorate in Washington, D.C, said in a statement Friday May 13 .This basic idea is at the heart of the $100 million Breakthrough Starshot project, which Stephen Hawking and other scientists announced last month.In this concept, a spacecraft would slow down upon approach to a planet by generating its own magnetic field.- See more at: http://www.space.com/32894-nasa-interstellar-flight-tech-niac-space-grants.html sthash.r4Idujwq.dpuf"Phase 2 decisions are always challenging, but we were especially challenged this year with so many successful Phase 1 studies applying to move forward with their cutting-edge technologies," Jason Derleth, the NIAC program executive at NASA Headquarters in Washington, D.C., said in the same statement.
Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, speaks at the Advancing Asia Conference in New Delhi, India.Because there s a lack of data on such issues as intimate partner violence and women s economic contributions, governments and groups can t identify where services are needed or assess which initiatives are working.A mother nurses her newborn at the maternity ward of the Kailahun Government hospital in eastern Sierra Leone.Gates underscored data s crucial role in supporting women by pointing to recent successes where numbers were key.Since 1990, the number of women dying in pregnancy and childbirth every year has dropped by nearly half.Surveys typically focus on the primary economic activity of the household.
Entertainment veterans from DreamWorks Animation have started their own virtual reality startup with $3 million in funding.The Santa Monica, California-based Spaces is headed by chief executive Shiraz Akmal and chief technology officer Brad Herman, two veterans who worked on DreamWorks Animation s early VR experiences through 2015.Spaces is already working with such companies as Microsoft, NBCUniversal, Big Blue Bubble and The Hettema Group, among others, to develop and produce a wide range of projects across all VR and mixed reality platforms.Among the target platforms are the Oculus Rift, HTC Vive, Microsoft HoloLens, Samsung Gear VR, PlayStation VR and Google Cardboard.Virtual reality spaces offer creative challenges we ve never seen before: to build fully dimensional spaces in which viewers can completely interact, Akmal said, in a statement.Herman also said, In every respect, VR is creating new horizons, and we re eager to help companies explore them.Spaces is combining remarkable capabilities, tools and creativity to push the boundaries of the VR frontier.Akmal has been the vice president of operations-product development for the now-defunct video game company THQ, and executive creative director Dean Orion has a career that has included writing for television and creating interactive, location-based attractions for DreamWorks Animation and Walt Disney Imagineering.The Spaces team has the ability and the background to make an enormous impact on VR and MxR, and I am eager to see what they accomplish, said Kai-Fu Lee, founder and CEO of Sinovation Fund, in a statement,The Spaces advisory team includes Dan Offner, attorney, angel investor and former general counsel for Oculus; Keith Boesky, former president of Eidos Interactive and the principal of Boesky & Company; and Indian film actor and entrepreneur Rana Daggubati, star of Baahubali: The Beginning, the highest-grossing film in India s history.
News: Four years after its launch, Kickstarter unveils where backers' money is going to.During the last four years, more than 1.2 million backers have presented over 1.8 million pledges, according to the organisation.Other countries from where backers supported British entrepreneurs include the US, Germany, Australia and Canada.London's entrepreneurs take the lead in terms of the amount of projects put forward.To date, the most successful project has been Dark Souls - The Board Game, a tabletop game based on the immensely popular Dark Souls video game.This was followed by the technology sector with over £20m of crowdfunding, design nearly £15m and film and video £12m .
I m not proud of my lack of political involvement, I guess I ve always told myself that given the current state of politics, a single vote wouldn t make a difference.For most Americans, every dollar counts.Uber has managed the background check process themselves, typically via a third-party, and it only takes a couple of days for a driver to be approved.For startups aimed at disrupting existing incumbents in industries that are heavily regulated, the negative impact on fundraising will be even greater.Unregulated Transportation Options are Filling the Vacuum Left By Uber and Lyft.I m sure that someone could put together a ridesharing platform that works in a limited function, but I doubt it will offer enough trips to make it worth a driver s time, affordable rides or the many accountability and safety measures provided by Uber and Lyft.
May has been a big month for personal robotics.So keep tabs on your parents and grandparents: they could be cyborgs one day.The suit works a little like an image stabilizer in a camera.There are some actuators in the belt that detect shaky movements.The team even received $2.9 million in funding from DARPA, the US government's futuristic technology arm, to develop the suit so that soldiers on the field would suffer less from muscle cramps.The researchers hope eventually the suit will mimic natural skin to the point where you can pretty much slip it on before you put actual clothes on.In the video above, though, you'll see that the robotic suit is more in the middle of the road between being the clunky power-walking suits Hyundai made and actual clothes.In the past few years, engineers have been making strides toward building robotic walking suits that would give paralyzed patients the ability to move again.This obsession with restoring limb function has led to things like mind-controlled arms and printable hands, among many other life-changing advances in prosthetics.Soon enough, these people won't have to worry about looking like robots — it'll just be like putting on a second skin.Read the original article on Tech Insider.More from Tech Insider:Take a tour of London's new super-sleek train systemGoogle just released a new messaging app that lets you do much more than send messages GOOG There's a secret Teenage Mutant Ninja Turtle Airbnb in NYC you can rent for freeGoogle just announced its Amazon Echo competitorA war is brewing between brands and the social media 'influencers' they payNOW WATCH: A hair scientist debunks the biggest myth about shavingLoading video...