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Selling a startup can come with an emotional cost

6 years 1 month ago
Every founder dreams of building a substantial company. For those who make it through the myriad challenges, it typically results in an exit. If it’s through an acquisition, that can mean cashing in your equity, paying back investors and rewarding long-time employees, but it also usually results in a loss of power and a substantially […]

Kard raises another $3.5 million for its challenger bank for teens

6 years 1 month ago
French startup Kard has added $3.5 million (€3 million) to its seed round. The company already raised the same amount last year, which means that Kard has raised $7 million (€6 million) in total for its seed round. Founders Future is leading the round, with Laurence Krieger, Michael Vaughan, Jon Oringer and Iris Mittenaere also […]

Google Maps gets a COVID-19 layer

6 years 1 month ago
Google today announced an update to Google Maps that will bring a new COVID-19 layer to the service to help you better understand the number of cases in a given area. With the pandemic continuing to spread in many countries — and ahead of what many fear will be a second wave — Google Maps […]

Spain’s top court rejects Glovo’s classification of couriers as self-employed

6 years 1 month ago
Glovo, a Spain-based delivery platform startup, is facing legal disruption in its home market after the country’s Supreme Court ruled against its classification of delivery couriers as ‘autonomous’ (i.e. self employed) — finding riders are instead in a laboural relationship with the platform. It’s the latest in a string of legal rulings around the classification […]

Instagram’s TikTok clone Reels updates to allow longer videos, easier edits

6 years 1 month ago
Instagram is today rolling out a few changes to its TikTok competitor, Reels, after early reviews of the feature criticized its design and reports indicated it was failing to gain traction. The company says it’s responding to user feedback on a few fronts, by giving Reels users the ability to create longer videos, extend the […]

Data breach at New York Sports Clubs owner exposed customer data

6 years 1 month ago
Town Sports International, the parent company of New York Sports Clubs and Christi’s Fitness gyms, is mopping up after a security lapse exposed customer data. Security researcher Bob Diachenko received a tip from a contact, Sami Toivonen, about an unprotected server containing almost a terabyte of spreadsheets representing years of internal company data, including financial […]

How Robinhood and Chime raised $2B+ in the last year

6 years 1 month ago
Last night Robinhood, the American fintech unicorn that provides free securities trading services to consumers via an app, announced that it raised an additional $460 million in its previously known Series G. That round is now worth $660 million at an $11.7 billion post-money valuation. A little over a month ago Robinhood announced that it […]

WhyLabs brings more transparancy to ML ops

6 years 1 month ago
WhyLabs, a new machine learning startup that was spun out of the Allen Institute, is coming out of stealth today. Founded by a group of former Amazon machine learning engineers, Alessya Visnjic, Sam Gracie and Andy Dang, together with Madrona Venture Group principal Maria Karaivanova, WhyLabs’ focus is on ML operations after models have been […]

EU’s antitrust probe of Google-Fitbit gets more time

6 years 1 month ago
European antitrust regulators now have until almost the end of the year to take a decision on whether to green light Google’s planned acquisition of Fitbit. The tech giant announced its intention to buy the fitness tracking wearable maker in November 2019, saying it would shell out $2.1 billion in cash to make off with […]

Spotify adds an interactive feature for podcasts with launch of ‘Polls’

6 years 1 month ago
Spotify today is introducing a new feature designed to make podcasts more interactive. The company says it’s beginning to test “Polls,” a tool that will allow listeners to engage with podcasts by answering questions posed by the podcast hosts during the show. The polls will appear in the Spotify app, and can be found either […]
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