Xiaomi, which has led the Indian smartphone market for three consecutive years, has ceded ground to its long-rival Samsung in the world’s second largest market, according to a new report. According to estimates from marketing research firm Counterpoint, Samsung commanded 24% of the Indian smartphone market in the quarter that ended in September this year, […]
The American stock market is struggling today, with tech stocks in particular taking extra stick. After European stocks tanked on the back of COVID-19 concerns, American stocks are following suit. Tech stocks in particular. As of the time of writing, the Dow Jones Industrial Average, a venerable if dated stock market barometer, is off 2.81%. […]
It’s not just big tech that’s getting the antitrust treatment from the Department of Justice. Late Monday afternoon, the Department of Justice tipped its hand that it was investigating Visa’s proposed $5.3 billion acquisition of the venture-backed Plaid, which allows applications to connect with a users’ bank account. It’s a tool that powers a good […]
Last year, payments giant Stripe announced that it would donate $1 million of its own funds annually into companies that are building technology to remove carbon from our environment, with the recipients of that investment announced in May of this year. Now, it’s expanding that commitment with a new product aimed at getting its customers […]
Priori Legal, a startup rethinking the way that large corporations hire outside counsel, has raised $6.3 million in Series A funding. Founded by CEO Basha Rubin and CPO Mirra Levitt (who met while classmates at Yale Law School), Priori launched as a legal marketplace for small and medium businesses before finding its current model in […]
TikTok announced this morning it will expand the set of resources provided in its in-app election guide in the U.S. to include direct access to sites that help users get information about polling locations and hours, those that help people having voting difficulties, and those offering other details how the voting process works, and more. […]
The pandemic has resulted in a growth spurt for gaming, an industry that was already growing on the backs of esports and Twitch streaming. So it makes sense that startups big and small are flocking to the industry to find their own place in the ecosystem. One such company is Shotcall, founded by Thomas Gentle, […]
MarketerHire, a Los Angeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs listed on its platform. “Today’s startup economy depends on the expertise of industry specialists as much or more than full-time generalists,” said Nick Green, co-founder and […]
VPNs, or virtual private networks, are a mainstay of corporate network security (and also consumers trying to stream Netflix while pretending to be from other countries). VPNs create an encrypted channel between your device (a laptop or a smartphone) and a company’s servers. All of your internet traffic gets routed through the company’s IT infrastructure, […]
Many smart home gadgets focus on convenience or automation of typically manual tasks, but Flume’s smart water sensor provides a potentially much more vital service: The ability to track how much water you’re consuming, and alert you to potential leaks in you home’s plumbing. The company just released its second-generation Flume Smart Home Water Monitor […]
Ad-based platforms can face a lot of heat from advertisers when they can’t control how and where their ads run: just look back to the ad boycott against Facebook earlier this year (or earlier boycotts against YouTube and others) as examples of when it all goes wrong. One of the ways this is getting addressed […]
With many restaurants forced to rely entirely on the delivery and takeout business during the pandemic, there’s been a lot of discussion about whether the industry can survive while paying hefty fees to delivery platforms like Uber Eats and Grubhub. Lunchbox, on the other hand, is a startup that allows restaurants to build ordering experiences on […]
There’s a new company that’s sitting on top of some of the fastest growing consumer-facing businesses in the world — liquor and marijuana delivery — and its name is Pacific Consolidated Holdings Group. The investment firms and executive teams behind the Los Angeles-based delivery liquor delivery company, Saucey, along with Inception Companies, the backer of […]
Kandji, a mobile device management (MDM) startup, launched last October. That means it was trying to build the early stage company just as the pandemic hit earlier this year. But a company that helps manage devices remotely has been in demand in this environment, and today it announced a $21 million Series A. Greycroft led […]
Enso Security, a Tel Aviv-based startup that is building a new application security platform, today announced that it has raised a $6 million seed funding round led by YL Ventures, with participation from Jump Capital. Angel investors in this round include HackerOne co-founder and CTO Alex Rice; Sounil Yu, the former chief security scientist at […]
Thuan Pham, who stepped down as Uber’s chief technology officer and longest-serving top executive in May, has a new job in South Korea. Coupang, the country’s largest e-commerce company by market share, announced today it has hired Pham as its new CTO. For Pham, joining Coupang, a SoftBank-backed unicorn that holds a 24.6% market share […]
Alphabet’s Loon, the company focused on creating new networking capabilities using stratosphere-based infrastructure, has set a new world record for a continuous stratospheric flight. One of Loon’s ultra high-altitude balloons flew for 312 days straight, beating the existing record of 223 days by a considerable margin, and nearly racking up a full year of sustained […]
Mike Wiacek is back with a new company, a year after departing his role as chief security officer at Chronicle, Google’s moonshot cybersecurity company. Wiacek spent 13 years at Google, founding the company’s Threat Analysis Group, a unit dedicated to countering government and state-backed hacking efforts, and also co-founding Chronicle, which was rolled into Google […]
