In 2015, then-Twitter product manager Terri Burns penned a piece about staying optimistic despite the sexism and racism that exists expansively within tech. “America has broke my heart countless times, but I believe that technology can be a tool to mend some of the woes of the world and produce tools to better humanity,” she […] Read more ›
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It wasn’t the lingering exhaustion that made Christine Huang, a New York public school teacher, leave the profession. Or the low pay. Or the fact that she rarely had time to spend with her kids after the school day due to workload demands. Instead, Huang left teaching after seven years because of how New York […] Read more ›
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VC firm e.ventures is expanding its footprint in Europe with a new office in Paris as well as a new Paris-based partner. Jonathan Userovici, who previously worked for Idinvest Partners, is joining e.ventures as partner and head of Paris office. Originally founded in the U.S. 20 years ago, e.ventures has been expanding to new geographies […] Read more ›
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Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. The deal, which comes just days after Daimler and Waymo announced plans to work together to build an autonomous version of the Freightliner Cascadia truck, […] Read more ›
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Uber says it has received more than 8,500 demands for arbitration as a result of it ditching delivery fees for some Black-owned restaurants via Uber Eats. Uber Eats made this change in June, following racial justice protests around the police killing of George Floyd, an unarmed Black man. Uber Eats said it wanted to make […] Read more ›
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What do you call the grey area between a Series A and a Series B? In 2020, when the money is taken on opportunistically, you call it a Series A-1 extension, according to Teampay. Even if the new capital was raised at a new, higher valuation. At least that’s what Teampay CEO Andrew Hoag has […] Read more ›
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UK-based Fertifa has bagged a £1 million (~$1.3M) seed to plug into a fertility-focused workplace benefits platform. Passion Capital is investing in the round, along with some unnamed strategic angel investors. The August 2019-founded startup sells bespoke reproductive health and fertility packages to UK employers to offer as workplace benefits to their staff — drawing […] Read more ›
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Reliance Jio Platforms, the telecom venture run by India’s richest man (Mukesh Ambani), had 405.6 million subscribers in the quarter that ended in September, becoming the first operator outside of China to cross 400 million subscribers in a single country market. The Facebook and Google-backed telecom operator said its finances has improved, too, despite the […] Read more ›
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If the projections are to be believed, the amount of money swirling around the space industry is poised to grow considerably over the next decade. Consider that the aviation giant Boeing estimates that the aerospace market will reach $3 trillion in market size between now and 2029. It’s most certainly in Boeing’s best interest to […] Read more ›
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The cloud infrastructure market kept growing at a brisk pace last quarter, as the pandemic continued to push more companies to the cloud with offices shut down in much of the world. This week the big three — Amazon, Microsoft and Google — all reported their numbers and as expected the news was good with […] Read more ›
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Yesterday’s earnings deluge made plain that tech shares are not rocketing higher as 2020 comes to a close. Indeed, in pre-market trading this morning, Microsoft, Apple, Facebook and Amazon are all down. Alphabet is the only member of the Big Five that is worth more today than yesterday. Strong advertising and cloud results helped the […] Read more ›
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Coronavirus cases in the United States are reaching new peaks. E-commerce is continuing to boom. And B8ta, a San Francisco startup which is betting on the future of physical retailers, is doubling down on its in-person footprint. B8ta offers shelf space to unique digital products, such as electric skateboards or a coffee alarm clock, on […] Read more ›
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Mobile news organization NowThis is announcing a bit of counter-programming for next week’s presidential election — it’s partnering with meditation app Calm to create a livestream for anyone who needs relief from stress of Election Day news. Not that NowThis is exactly avoiding that news, but this livestream (combining breathing exercises and other meditative activities […] Read more ›
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China was the first major global smartphone markets to rebound from the early days of the COVID-19 pandemic. Stringent lockdown measures were able to help the country recover from the virus relatively quickly during the first wave, as sales started to return well ahead of other areas. In Q3, however, things have taken begun to […] Read more ›
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Here’s an example of ad targeting that’s actually good for public health: In a campaign encouraging people to wear masks, the Illinois state government has been focusing its digital ad dollars on the counties with highest COVID risk. To achieve this, the government’s been working with Civis Analytics, the data science company founded by Dan […] Read more ›
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The UK’s ICO has reduced the size of a data breach penalty for hotel business Marriott — dropping it to £14.4 million (~$23.8M) in a final penalty notice down from the £99M ($123M) figure that the watchdog initially said it would levy in July 2019. The fine relates to a data breach suffered by the […] Read more ›
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Global fitness giant Under Armour announced this morning that it will be selling MyFitnessPal to investment firm Francisco Partners for $345 million, five and a half years after acquiring it for $475 million. The company also announced that it will be winding down the Endomondo platform which it also acquired at the same time for […] Read more ›
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AOL founder Steve Case was there, just outside of Washington, D.C., when in 1996 the Communications Decency Act was passed as part of a major overhaul of U.S. telecommunications laws that President Bill Clinton signed into law. Soon after, in its first test, a provision of that act which states that, “[n]o provider or user […] Read more ›
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Amazon expects to incur $4 billion in COVID-related costs next quarter, an estimate that provides a bellwether for other businesses, large and small, trying to stay operational and control expenses amid the pandemic. The upshot: Amazon is planning for COVID to remain an unwelcome companion through the end of the year with costs higher than […] Read more ›
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WhatsApp, the popular instant messaging app owned by Facebook, is now delivering roughly 100 billion messages a day, company’s chief executive Mark Zuckerberg said at the quarterly earnings call Thursday. For some perspective, users exchanged 100 billion messages on WhatsApp on last New Year’s Eve. That is the day when WhatsApp tops its engagement figures, […] Read more ›
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06.05.2026 12:26
Last update: 12:21 EDT.
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