Showing posts from February, 2022Show All
Cloudflare acquires email protection startup Area 1 Security for $162M in cash and stock; Cloudflare's stock is down 55%+ from its November 2021 all-time high (Joe Williams/Bloomberg) TECH REVIEW
eBay reports Q4 revenue of $2.6B, up 5% YoY, gross merchandise volume of $20.7B, down 10% YoY, 147M annual global active buyers, down 9%; stock down 5%+ (Annie Palmer/CNBC) TECH REVIEW
Researcher posing as a 13-year-old girl joined VRChat, an app on Steam and Meta's Quest, and witnessed grooming, sexual material, a rape threat, racist insults (BBC) TECH REVIEW
Twitter says it mistakenly suspended around a dozen accounts posting about Russian military movements near the Ukrainian border, and reinstates some accounts (Elizabeth Culliford/Reuters) TECH REVIEW
A study finds Facebook failed to label over half of the posts linking to 184 articles from the top 10 publishers of climate change denial since May 2021 (Rachel Treisman/NPR) TECH REVIEW
Twitch launches the Ad Incentive Program to pay select streamers a guaranteed monthly minimum ad revenue based on amount of ads run per hour and hours streamed (Ash Parrish/The Verge) TECH REVIEW
Nashville-based Phosphorus Cybersecurity, which helps businesses monitor and patch vulnerable IoT devices, raises a $38M Series A (Tim Keary/VentureBeat) TECH REVIEW
Funnel, which offers CRM software and online property management tools for apartment operators, raises a $36.5M Series B led by RET Ventures (Philip Russo/Commercial Observer) TECH REVIEW
Amazon sues AppSally and Rebatest, alleging the sites used their combined 900K+ users to post fake Amazon reviews to boost third-party sellers' product rankings (Annie Palmer/CNBC) TECH REVIEW
With Meta handicapped by Apple's ATT, Shopify should build an advertising business to complement Shop Pay and the Shopify Fulfillment Network (Ben Thompson/Stratechery) TECH REVIEW
London-based fintech Weavr, which offers online businesses preconfigured financial service APIs, raises a $40M Series A led by Tiger Global (PYMNTS.com) TECH REVIEW
Berlin-based Zenjob, which offers a marketplace that connects students looking for a side job with over 2,500 companies, raises a $50M Series D led by Aragon (Natasha Lomas/TechCrunch) TECH REVIEW
Luna Foundation Guard raises $1B in a sale of LUNA, the Terra's blockchain native token, to form a BTC-denominated forex reserve for Terra's UST stablecoin (Ryan Weeks/The Block) TECH REVIEW
Nairobi-based retail B2B marketplace MarketForce raises a $40M Series A led by V8 Capital Partners, bringing its total funding to $42.5M (Annie Njanja/TechCrunch) TECH REVIEW
The US Copyright Office rejected a request to grant copyright to a work of art created by an AI, as the image didn't include an element of "human authorship" (Adi Robertson/The Verge) TECH REVIEW
DCash, an e-currency used by seven Eastern Caribbean nations, has been offline for over a month, revealing technical issues governments face with e-currencies (Jim Wyss/Bloomberg) TECH REVIEW
Princeton Digital, which invests in, develops, and operates data center infrastructure across Asia, raises $500M+ led by Mubadala that could value it at $2B+ (Olivia Poh/Bloomberg) TECH REVIEW
Singapore-based crypto trading platform Amber Group raises a $200M Series B+ at a $3B valuation led by Temasek, with Sequoia China and others participating (Alfred Cang/Bloomberg) TECH REVIEW
IRS says taxpayers wanting to access their accounts online will not be subjected to facial recognition if they choose to ID themselves in "a virtual interview" (Alan Rappeport/New York Times) TECH REVIEW
An investigation shows how vigilantes use Facebook to incite ethnic killings in Ethiopia, accusing Meta of inaction on hate speech and misinformation (The Guardian) TECH REVIEW
James Webb Space Telescope: All 18 Mirrors Capture Same Star, NASA Releases Images SCIENCE James Webb Space Telescope: All 18 Mirrors Capture Same Star, NASA Releases Images
Philippines-based PayMongo, which enables merchants to accept digital payments, raises a $31M Series B, following a $12M Series A in 2020 led by Stripe (Catherine Shu/TechCrunch) TECH REVIEW
Check, which provides payroll digitization software, raises a $75M Series C led by Stripe, bringing its total funding to $119M and valuing the startup at $725M (Rashi Shrivastava/Forbes) TECH REVIEW
PrimaryBid, which helps companies include ordinary retail investors in IPOs and follow-on fundraises, raises a $190M Series C led by SoftBank's Vision Fund 2 (Ingrid Lunden/TechCrunch) TECH REVIEW
Tropic, which helps enterprises buy and manage software as well as to identify cost savings on purchases, raises a $40M Series B led by Insight Partners (Christine Hall/TechCrunch) TECH REVIEW
Interview with Nvidia CEO Jensen Huang on the company's strategy after its failed Arm bid, Omniverse's progress, and its bet on self-driving cars (Dean Takahashi/VentureBeat) TECH REVIEW