News Hub – headlines and head turners

International business news

News Hub

June 24-29

Another week, another News Hub.

Hubbub Labs presents some of the most interesting tech and investment news from startups and corporates for the week June 22-29.

Lyft’s incredible funding of $600m

San Francisco – Uber-rival Lyft causes a sensation with new funding earmarked for expansion into Canada and more U.S. cities.

Along with recently added services, the $600m investment means the company is now snapping at market-leader Uber’s heels.

The on-demand transportation company currently has a valuation of 15.1 billion dollars.

Read more on TechCrunsh

Published: June 27th

Own delivery service for Amazon?

SeattleInternet giant Amazon is now driving the expansion of its own delivery service in the United States and hopes to optimise efficiency.

Amazon is now calling on entrepreneurs to invest a minimum of $10,000 to set up and run their own package delivery service, with up to 40 Amazon-branded vehicles.

Read more on NY Times

Published: June 28th

Brexit affects firm sales

London – A new survey revealed that more UK companies will be affected by the Brexit than previously expected.

With the UK leaving the EU, many companies have already put off investments and modified their supply chains.

Read more on The Guardian

Published: June 28th

Bosch partners with Mojio

Vancouver – Mojio is going to work with German Bosch.

The Canadian startup, which previously raised $40m, is set to receive an undisclosed amount from Bosch in its Series B funding round. The companies will collaborate to connect vehicles to digital services, including insurance providers and emergency services.

Read more on Reuters

Published: June 27th

Music without headphones – new future?

Israel – Startup Noveto has developed some new audio gear that promises a headphone-free world.

Noveto delivers sounds right to your ears by using its own fancy algorithms – without the need for headphones. It plans to launch the innovative tech by Fall 2019. We’re intrigued.

Read more on Business Insider

Published: June 27th

Event of the Week

Fuckup Nights Barcelona goes for a third round!

This time in Utopicus Barcelona on July 5th, Fuckup nights presents 3 professionals who plan to share their business failure stories with you.  

If you’re around on Thursday night at 7pm book your tickets and enjoy the unique vibes, beer, fun and a lot of learning!

Get your tickets now:  https://fuckupnights.com/events/

Hope to see you there!

Join us for weekly Barcelona startup updates

Interested in hearing about other entrepreneurs and startups? Head over to Barna Hub, a new series of blog posts, interviewing some of the most inspiring entrepreneurs, startup founders and CEOs in Barcelona.


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