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Facebook’s use of ad data triggers antitrust probes in UK and EU

5 years 4 months ago
Facebook is facing a fresh pair of antitrust probes in Europe. The U.K.’s Competition and Markets Authority (CMA) and the EU’s Competition Commission both announced formal investigations into the social media giant’s operations today — with what’s likely to have been coordinated timing. The competition regulators will scrutinize how Facebook uses data from advertising customers […]

Equity listeners, do you like prizes? Take our super-fun survey!!!

5 years 4 months ago
Hello Equity podcast family, we’re back with another survey. This is our second go-round with collecting your feedback, notes and vibes. The first survey we conducted back in the early days of 2020 was super useful in helping us better tune the show. Since then, Equity has grown in frequency and we’ve expanded our production […]

Amazon is now open to getting sued

5 years 4 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Despite it being a short week, as always, it was a busy, busy time. Our regular Friday producer Grace was under the weather today, so Chris stepped in to help out. And as noted at the top of […]

SoftBank pours up to $150M into GBM, a Mexico City-based investment platform

5 years 4 months ago
Grupo Bursátil Mexicano (GBM) is a 35-year-old investment platform in the Mexican stock market. In its first three decades of life, GBM was focused on providing investment services to high net worth individuals and local and global institutions. Over the past decade, the Mexico City-based brokerage has ramped up its digital efforts, and, in the […]

AI cybersecurity provider SentinelOne files for $100M IPO

5 years 4 months ago
SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange (NYSE). In an S-1 filing on Thursday, the security company revealed that for the three months ending April 30, its revenues increased by 108% year-on-year to $37.4 million […]

In latest Big Tech antitrust push, Germany’s FCO eyes Google News Showcase fine print

5 years 4 months ago
The Bundeskartellamt, Germany’s very active competition authority, isn’t letting the grass grow under new powers it gained this year to tackle Big Tech: The Federal Cartel Office (FCO) has just announced a third proceeding against Google. The FCO’s latest competition probe looks very interesting, as it’s targeting Google News Showcase — Google’s relatively recently launched […]

Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF

5 years 4 months ago
Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group. This brings Prixa’s total raised to $4.5 million since it launched in 2019. Co-founder and chief executive officer James Roring M.D., told TechCrunch in an email that the […]

This one email explains Apple

5 years 4 months ago
An email has been going around the internet as a part of a release of documents related to Apple’s App Store based suit brought by Epic Games. I love this email for a lot of reasons, not the least of which is that you can extrapolate from it the very reasons Apple has remained such […]

Europe wants to go its own way on digital identity

5 years 4 months ago
In its latest ambitious digital policy announcement, the European Union has proposed creating a framework for a “trusted and secure European e-ID” (aka digital identity) — which it said today it wants to be available to all citizens, residents and businesses to make it easer to use a national digital identity to prove who they […]

A new video platform offering classes about skilled trades begins to build momentum

5 years 4 months ago
Trade schools are nothing new, but a new startup called Copeland thinks it can build a big business by bringing education about plumbing, drywall, cabinetry and more to the masses through high-quality pre-filmed classes online that feature industry pros and professional educators. If it sounds like a kind of MasterClass for all things construction, that’s […]

Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality 

5 years 4 months ago
Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund.  The introduction […]

TikTok just gave itself permission to collect biometric data on US users, including ‘faceprints and voiceprints’

5 years 4 months ago
A change to TikTok’s U.S. privacy policy on Wednesday introduced a new section that says the social video app “may collect biometric identifiers and biometric information” from its users’ content. This includes things like “faceprints and voiceprints,” the policy explained. Reached for comment, TikTok could not confirm what product developments necessitated the addition of biometric […]

White House expands investment ban on Chinese tech and telecom companies

5 years 4 months ago
The Biden administration has replaced and expanded Trump-era restrictions on investing in certain Chinese firms deemed supportive of that country’s surveillance and military apparatus. Major tech, space and telecom companies are listed in the initial 59 covered by the executive order, with more to come by order of the Treasury. “I find that the use […]

Medium sees more employee exits after CEO publishes ‘culture memo’

5 years 4 months ago
In April, Medium CEO Ev Williams wrote a memo to his staff about the company’s shifting culture in the wake of a challenging year. “A healthy culture brings out the best in people,” he wrote. “They feel psychologically safe voicing their ideas and engaging in debate to find the best answer to any question — […]
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