Showing posts from November, 2021Show All
FIFA will use 10 to 12 cameras, collecting up to 29 data points per player 50 times per second, to make semi-autonomous offside decisions at the Arab Cup (BBC) TECH REVIEW
Developer productivity service Raycast, which helps manage SaaS tools, raises a $15M Series A led by Accel and Coatue (Aisha Malik/TechCrunch) TECH REVIEW
London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M (Finextra) TECH REVIEW
Adobe: online US consumers spent $7.1B on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers return to physical stores (Charity L. Scott/Wall Street Journal) TECH REVIEW
Chinese agencies release rules aimed at regulating the ride-hailing industry to protect drivers and riders, including setting up local supervisory offices (Coco Liu/Bloomberg) TECH REVIEW
Wise reports H1 2021 revenue rose 33% YoY to £256.3M as pre-tax profits dropped to £18.8M from £20M in H1 2020; headcount grew 32% YoY to 2,883 (Siddharth Venkataramakrishnan/Financial ...) TECH REVIEW
Singapore-based YouTrip, which helps make multi-currency transactions more efficient, raises a $30M Series A led by anonymous prominent Asian family offices (Catherine Shu/TechCrunch) TECH REVIEW
UK's CMA says Meta must sell Giphy, after finding the deal could harm social media users, rival platforms by denying access to GIFs, and UK advertisers (Jon Porter/The Verge) TECH REVIEW
Melbourne-based Mr Yum, which lets diners order food and drink using QR codes, raises a $65M Series A led by Tiger Global (Dominic Powell/The Age) TECH REVIEW
Mainframe Industries, which develops cloud-native MMOs, raises a $23M Series B led by Andreessen Horowitz, bringing its total funding to $33.7M (Kyt Dotson/SiliconANGLE) TECH REVIEW
Former Citi exec Matt Zhang announces Hivemind Capital Partners, a $1.5B VC fund to invest in blockchain startups, selects Algorand as a strategic partner (Brandy Betz/CoinDesk) TECH REVIEW
Quinyx, which helps companies with gig work scheduling, raises a $50M Series C led by Battery Ventures at a $550M valuation, bringing its total funding to $89M+ (Kyle Wiggers/VentureBeat) TECH REVIEW
Twitter's new CEO has to steer a company that has underperformed the market, haltingly introduced new products, and struggled to moderate harmful content (Bloomberg) TECH REVIEW
Endowus, a Singapore-based robo-advisor app, raises $25.6M to bring its total funding to $49M, as it looks to speed up its hiring for geographic expansion (Catherine Shu/TechCrunch) TECH REVIEW
Twitter employees speculate why Jack Dorsey stepped down and what to expect from Parag Agarwal, who is among the company's most crypto-focused executives (Casey Newton/The Verge) TECH REVIEW
Filing: HashiCorp sets an IPO range of $68-$72 per share at a $13B valuation, reveals $82.2M in revenue, up 49% YoY, and a $22M net loss in its latest quarter (Ari Levy/CNBC) TECH REVIEW
Upbound, which created the open-source multi-cloud management project Crossplane, raises a $60M Series B led by Altimeter Capital (Ron Miller/TechCrunch) TECH REVIEW
Profile of Twitter's new CEO Parag Agrawal, little known to the public and a Jack Dorsey confidant who has been involved in many big strategic initiatives (New York Times) TECH REVIEW
Researchers find Google Play apps with 300K+ downloads that stole bank credentials, posing as QR and PDF scanners, exercise apps, and cryptocurrency wallets (Dan Goodin/Ars Technica) TECH REVIEW
The Retail, Wholesale and Department Store Union says the NLRB has authorized a new election for Amazon warehouse workers in Alabama (Annie Palmer/CNBC) TECH REVIEW
Yassir, an Algerian startup with 3M+ users that provides on-demand services such as ride-hailing and last-mile delivery, raises a $30M Series A (Tage Kene-Okafor/TechCrunch) TECH REVIEW
Amazon launches AWS IoT RoboRunner to simplify building management apps for robot fleets and AWS Robotics Startup Accelerator for AWS credits and expert advice (Kyle Wiggers/VentureBeat) TECH REVIEW
Citing "alleged serious breaches" of data protection laws, UK's ICO notifies Clearview AI of its provisional intention to fine the company over £17M (Natasha Lomas/TechCrunch) TECH REVIEW
Chegg acquires Busuu, an online language learning startup that has reached 120M+ users across 160+ countries, for approximately $436M (Mike Butcher/TechCrunch) TECH REVIEW
Documents: China's Henan province is asking companies to develop a 3,000-camera surveillance system to track journalists, international students, and others (Reuters) TECH REVIEW
Analysis: Amazon has built more than 450 warehouses in the US since the end of 2019, doubling its fulfillment capacity to over 930 facilities (Wall Street Journal) TECH REVIEW