A New Mobile Office
Happy Monday.
Apple has started the week communicating a $2.5B plan to help California’s housing crisis. This on on the heels of similar $1B infusions from Facebook and Google in recent months.
The Apple fund will include a $1B affordable housing investment fund, and a $1B first-time homebuyer mortgage assistance fund.
Up in Redmond, Microsoft has unveiled a new office app for iOS and Android, one which sees Word, Excel, and PowerPoint combined into a single download. The new version features a prominent actions section that makes key features more easily accessible (like transferring files from your smartphone to your desktop).
Monday Fund-day: South Korea’s CODE42 has raised $25M in a pre-Series A funding round led by Kia Motors. CODE42 is an autonomous transportation startup and will use the funding to build its Urban Mobility Operating System.
And Casstime, a China-based automotive aftermarket search engine and procurement platform, raised an $80M Series C1. Casstime’s search platform allows users to find unique part numbers by enteringn the VIN and part name, then uses an algo to assign multiple suppliers that have fit the user’s past purchasing behavior.
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