Day: November 24, 2020

Google-backed Chinese truck-hailing firm Manbang raises $1.7 billion – TechCrunch

The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG.

The news came fresh off a Wall Street Journal report two weeks ago that Manbang was seeking $1 billion ahead of an initial public offering next year. The company declined to comment on the matter, though its CEO Zhang Hui said in May 2019 that the firm was “not in a rush” to go public.

Manbang said it achieved profitability this year. Its valuation was reportedly on course to reach $10 billion in 2018.

The company, which runs an app matching truck drivers and merchants transporting cargo and provides financial services to truckers, was formed from a merger between rivals Yunmanman and Huochebang in 2017. It was a time when China’s

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Best Holiday Gifts for Apple Fans in 2020

If you’re shopping for just the right gift for the Apple lover in your life, search no further. You’ll find curated tech gifts in various price ranges, including the new iPad Air and a MacBook cover.

The 2020 holiday season will prove unusual and unique. For the first time in most everyone’s memory, few will be rushing to physical stores and malls to browse and enjoy holiday cheer. Instead, the year is likely to see record spending for online gifting, as the pandemic encourages everyone, regardless of habit and preference, to safely shop from home. Don’t despair, as you need not go it alone. Here are gift recommendations at a variety of price points for the Apple fan in your life that are sure to bring a smile this year.

Image: KIKR

Most every Apple user’s home now has a collection of Apple Watches, iPhones, iPads, AirPods/AirPod Pros and

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Future of Farming: Bluegrass agtech facility plants first tomatoes, expects produce to hit shelves in early 2021

AppHarvest plans to use recycled rainwater on-site to sustainably grow more produce closer to US consumers.

Image: AppHarvest

On Thursday, agtech company AppHarvest announced that it had planted its first crop at the company’s sprawling 2.76 million-square-foot indoor farming complex in Morehead, Ky. The recently planted tomatoes are expected to hit store shelves in early 2021, according to AppHarvest. By doing so, the company takes a step closer toward ensuring food security in the region and more.

“Today is an important milestone for AppHarvest as we seek to build a more resilient American food system from within Appalachia,” said AppHarvest Founder and CEO Jonathan Webb in a press release. “Our team has built one of the world’s largest and most technologically advanced indoor farms, which means AppHarvest’s tomatoes soon will be on store shelves and in American homes.”

SEE: TechRepublic Premium editorial calendar: IT policies, checklists, toolkits, and research for

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