The popular news app News Break is announcing that it has raised $115 million in new funding. The press release claims this round makes News Break “one of the first new unicorns of 2021,” but the startup declined to disclose its actual valuation. Founder and CEO Jeff Zheng said that when he started the company […]
Three years ago, Mercedes-Benz unveiled MBUX, an infotainment system that represented a leap forward in the legacy automotive industry. That system, with its crisp graphics, intuitive user interface and voice assistant, was closer to the experience of using a smartphone and finally got away from the pixelated screens and cluttered designs found in most modern […]
Elon Musk, the tech billionaire set to likely soon become the world’s richest man, and one of the most influential voices in the world of tech entrepreneurship, continued his recent trend of criticizing Facebook with a Twitter post late Wednesday night, following the attempted insurrection by pro-Trump rioters at the U.S. Capitol building. Musk shared […]
The ongoing push for social distancing to slow the spread of Covid-19 has meant that more people than ever before are using internet-based services to get things done. And that is having a direct impact on digital customer service, which is seeing unprecedented traffic and demands when things are not running smoothly. Today, one of […]
As the pandemic took hold in 2020, companies accelerated their move to cloud services. Lacework, the cloud security startup, was in the right place at the right time as customers looked for ways to secure their cloud native workloads. The company reported that revenue grew 300% year over year for the second straight year. It […]
This morning Hopin, a quickly-growing startup that sells a technology platform for hosting digital events, announced that it has acquired StreamYard. The acquired company, which bootstrapped itself to material revenue scale, will retain its brand and in-market product. The deal is worth $250 million, paid in a mix of cash and stock. Hopin raised a […]
Waymo will no longer use the term ‘self-driving’ to describe the technology it has been developing for more than a decade, opting instead for ‘autonomous.’ The Alphabet company said that this seemingly small shift is an important effort to clarify what the technology does and doesn’t do. It’s also been viewed as an attempt distance […]
Challenger banks, incumbent banks, and all of the many businesses that are making inroads into any kind of banking service all have something in common: when it comes to launching a new product like a credit line or a deposit or current account, these days many of them are opting not to build from the […]
Digital services taxes adopted by India, Italy, and Turkey in the past years discriminate against U.S. companies, the U.S. Trade Representative said on Wednesday. USTR, which began investigations into the three nation’s digital services taxes in June last year, said it found them to be inconsistent with international tax principles, unreasonable, and burdening or restricting […]
Too Good To Go, the startup that lets you buy food right before it goes to waste, is raising a $31.1 million round. blisce/ is leading the round and investing $15.4 million as part of today’s round. Existing investors and employees are also participating. While the company has been around for a while, this is […]
French startup Pennylane has raised $18.4 million (€15 million) for its accounting service that combines automated processes with human accountants. Existing investors Global Founders Capital and Partech are investing once again. Pennylane is both a software-as-a-service company that helps you deal with your financial data and an accounting firm. By working with accountants directly, it […]
IPRally, a burgeoning startup out of Finland aiming to solve the patent search problem, has raised €2 million in seed funding. Leading the round is by JOIN Capital, and Spintop Ventures, with participation from existing pre-seed backer Icebreaker VC. It brings the total raised by the 2018-founded company to €2.35 million. Co-founded by CEO Sakari […]
Snapchat locked President Donald Trump’s account after pro-Trump rioters stormed the United States Capitol. A Snap spokesperson confirmed to TechCrunch that the action was taken on Wednesday and added that the company will monitor the situation closely before re-evaluating its decision. This is not the first time Snap has taken action against Trump’s account over […]
The State Department ordered diplomats to stop posting on social media after pro-Trump rioters stormed the United States Capitol, reports CNN, citing three diplomatic sources. Diplomats overseas were also told by the under secretary for public affairs to remove scheduled content for Facebook, Hootsuite and Twitter until told otherwise, and that planned social media posts […]
It was hard not to feel emotional today, as the world watched for more than four hours as rioters stormed into and throughout the Capitol building in Washington to disrupt the certification of the election win of incoming U.S. President-Elect Joe Biden. They’d been encouraged earlier in the afternoon by outgoing President Donald Trump to […]
Eat Just, a food startup from San Francisco making chicken-less eggs, has ambitions to crack the Chinese market where consumer appetite for plant-based food is growing and other Western vegan substitute brands like Beyond became available in recent quarters. The startup said this week it will be suppling to fast-food chain Dicos, a local rival […]
After removing a video in which President Trump praised a violent group of his supporters who broke into the U.S. Capitol building, Facebook is rolling out a new set of rules in response to the day’s shocking events. Both Facebook and Instagram also announced that the president would be locked out of posting to his […]
Today’s historic and terrifying coup attempt by pro-Trump extremists in Washington, D.C. played out live the same way it was fomented — on social media. Once again Twitter, streaming sites and other user-generated media were the only place to learn what was happening in the nation’s capital — and the best place to be misled […]
After pro-Trump extremists violently stormed the U.S. Capitol, a number of tech executives and industry leaders are calling on Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg to more aggressively curb the president’s messages amplifying and endorsing violence. After Trump released a video calling the extremists “very special” and telling them to go home, […]
Color of Change, the nonprofit civil rights advocacy group, along with a growing number of other organizations, called for social media companies such as Twitter and Facebook to remove President Donald Trump from their platforms, following a chaotic day of protests and rioting that led a mob of pro-Trump supporters to storm the U.S. Capitol […]
