In a speech to the European Parliament today marking the inauguration of U.S. president Joe Biden, the president of the European Commission has called for Europe and the U.S. to join forces on regulating tech giants, warning of the risks of “unfiltered” hate speech and disinformation being weaponized to attack and undermine democracies. Ursula von […]
Investors and businesses should not overlook how quickly President Biden will move on policy — especially as it relates to the future of work and getting the U.S. economy back on track.
Researchers at MIT have developed a new method for growing plant tissues in a lab — sort of like how companies and researchers are approaching lab-grown meat. The process would be able to produce wood and fibre in a lab environment, and researchers have already demonstrated how it works in concept by growing simple structures […]
Fyllo has acquired DataOwl, a company offering marketing and loyalty tools for cannabis retailers. Fyllo said it already works with 320 cannabis retailers across 25 states (plus Puerto Rico and Jamaica). According to Chief Marketing Officer Conrad Lisco, this acquisition allows the company to offer the industry’s “first end-to-end marketing solution,” combining consumer data, digital […]
SpaceX has launched its seventeenth batch of Starlink satellites during its first mission of 2021, using a Falcon 9 rocket that was flying for the eighth time, and that landed again, recording a record for its reusability program. This puts the total Starlink constellation size at almost 1,000, as the company has expanded its beta […]
A lengthy antitrust investigation into PC games geo-blocking in the European Union by distribution platform Valve and five games publishers has led to fines totalling €7.8 million (~$9.4 million) after the Commission confirmed today that the bloc’s rules had been breached. The geo-blocking practices investigated since before 2017 concerned around 100 PC video games of […]
Rocket Lab has launched its 18th mission, and the first of 2021, as of 8:26 PM NZT (2:30 AM EST). The “Another One Leaves The Crust” mission took off from Rocket Lab’s Launch Complex 1 on the Mahia Peninsula in New Zealand, and flew a single communications microsatellite on behalf of client OHB Group, a […]
HiPeople, an HR tech startup based in Berlin that wants to automate the reference checking process, has raised $3 million in seed funding. Leading the round is Mattias Ljungman’s Moonfire, with participation from Capnamic Ventures and Cherry Ventures. It follows a $1.1 million pre-seed in late 2019. Notably, the seed round was closed fully remote, […]
Alibaba’s billionaire founder resurfaced as he spoke to 100 rural teachers through a video call, three months after his last public appearance in October, sending the e-commerce firm’s shares up more than 8% in Hong Kong. A recording of the call was first posted on a news portal backed by the government of Zhejiang, the […]
Barcelona-based Landbot, a “no-code” chatbot builder, has bagged an $8 million Series A led by the Spanish-Israeli VC firm Swanlaab, alongside support from Spain’s innovation-focused public agency, CDTI. Previous investors Nauta Capital, Encomenda and Bankinter also participated in the round. We last chatted to Landbot back in 2018 when it raised a $2.2 million seed […]
Anthony Levandowski, the former Google engineer and serial entrepreneur who had been sentenced to 18 months in prison on one count of stealing trade secrets, has received a pardon from President Donald Trump. The full pardon, which was one of 73 issued late Tuesday evening, means Levandowski will avoid a prison cell. The president also […]
Wattpad, the 14-year-old, Toronto-based, venture-backed storytelling platform with reach into a number of verticals, is being acquired by Naver, the South Korean conglomerate, in a $600 million cash-and-stock deal. Naver plans to incorporate at least part of the business into another of its holdings, the publishing platform Webtoon, which Naver launched in 2004, brought to […]
I’ve spent more time than I care to mention over the last several years wondering aloud about the value of in-person trade shows. There’s something seemingly antiquated in the idea of jamming a bunch of people in a room, walking from booth to booth. Sure, they’ve fulfilled an important need in the past, but aren’t […]
The decentralized tech community is aiming to find support for technologies that go beyond cryptocurrency support. In a blog post today the team at Brave announced that they have worked with Protocol Labs to integrate native support for the InterPlanetary File System (IPFS) inside their browser. The peer-to-peer file-sharing standard launched in 2015 and has […]
After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018 […]
Autonomous vehicle company Cruise raises a $2 billion new round, Netflix keeps growing and WhatsApp faces more privacy concerns. This is your Daily Crunch for January 19, 2021. The big story: Microsoft backs Cruise Cruise announced today that it has raised $2 billion in new funding at a $30 billion valuation, with Microsoft joining as […]
Podchaser, a startup building what it calls “IMDB for podcasts,” recently announced that it has raised $4 million in a funding round led by Greycroft. In other words, it’s a site where — similar to the Amazon-owned Internet Movie Database — users can look up who’s appeared in which podcasts, rate and review those podcasts […]
Adthena is expanding its partnership with market research company Kantar by acquiring Kantar’s paid search business. The two companies announced an agreement earlier this month, through which Adthena data will be integrated into Kantar’s ad intelligence product. Now, through this new acquisition, Adthena said Kantar search clients will get access to the Adthena product suite. […]
Bay Area-based construction startup TraceAir today announced a $3.5 million Series A. Led by London-based XTX Ventures, this round brings the company’s total funding up to $7 million. The raise includes existing investor Metropolis VC, along with new additions Liquid 2 Ventures, GEM Capital, GPS Ventures and Andrew Filev. We first noted the company back […]