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Natasha Lomas @ TechCrunch · 01/28/2021 10:45 EDT

Facebook’s ‘oversight’ body overturns four takedowns and issues a slew of policy tweaks

Facebook’s self-regulatory ‘Oversight Board’ (FOB) has delivered its first batch of decisions on contested content moderation decisions almost two months after picking its first cases. A long time in the making, the FOB is part of Facebook’s crisis PR push to distance its business from the impact of controversial content moderation decisions — by creating […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 01/28/2021 10:31 EDT

Workday nabs employee feedback platform Peakon for $700M

Workday started the work day with some big news today. It’s acquiring employee feedback platform Peakon for $700 million in cash. One thing we have learned during the pandemic is that organizations need to find new ways to build stronger connections with their employees, and that’s precisely what Peakon provides. “Bringing Peakon into the Workday […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/28/2021 10:24 EDT

MIT researchers develop a new ‘liquid’ neural network that’s better at adapting to new info

A new type of neural network that’s capable of adapting its underlying behavior after the initial training phase could be the key to big improvements in situations where conditions can change quickly – like autonomous driving, controlling robots, or diagnosing medical conditions. These so-called ‘liquid’ neural networks were devised by MIT Computer Science and Artificial […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/28/2021 10:01 EDT

Shopalyst aims to make e-commerce advertising more effective

Indian startup Shopalyst has officially launched a new platform that it calls the Discovery Commerce Cloud, which it says can help retailers take full advantage of digital advertising. Co-founder and CEO Girish Ramachandra told me that Shopalyst was created to allow for “one seamless journey for the shopper” across advertising and e-commerce — something he […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/28/2021 10:00 EDT

12 investors say lifelong learning is taking edtech mainstream

The venture potential of a startup that caters to individual students — instead of a slow-moving, small-pocketed institution — has a bullish aura that attracts investors. Add in a pandemic that forced many to embrace remote learning overnight, and it makes sense that we have seen companies like Outschool and ClassDojo turn first profits while […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/28/2021 09:49 EDT

Scalapay raises $48M to scale its buy now, pay later service in Europe

Buy now, pay later services — which let consumers finance the purchase of goods online by paying back the total in installments over time — have been growing in ubiquity this past year. Today, Scalapay, one of the companies that’s building a platform to enable buy now, pay later (BNPL) and related features, has raised […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/28/2021 09:30 EDT

Robinhood users say it’s restricting trades after the GameStop brouhaha shakes markets

Robinhood, the popular consumer trading application, has restricted its users from making some popular investments and wagers, public reports indicate. Social media is awash with notes from individual Robinhood users indicating that some popular securities are now untradable, and the company reportedly sent out a note yesterday saying that it is “implementing certain restrictions for for […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/28/2021 09:22 EDT

Qualtrics prices IPO at $30 per share, above its upgraded target range

Last night, Qualtrics priced its IPO at $30 per share, selling 50.4 million shares in the process. Notably, the company’s IPO price was harder to chase down than usual, with a formal press release in scarce supply. SEC filings indicate that the company “anticipate[s]” a price of $30 per share, and reports from media and […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 01/28/2021 09:02 EDT

UCLA is building a digital archive of mass incarceration with a new $3.6M grant

UCLA researchers have been awarded a $3.65 million grant to collect, contextualize, and digitally preserve a huge archive of materials relating to policing and mass incarceration. It should help historians and anthropologists, but more fundamentally it will thoroughly document a period that many would rather forget. The “Archiving the Age of Mass incarceration” effort is […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 01/28/2021 09:02 EDT

Fetch’s latest warehouse robot is designed to replace forklifts

San Jose-based robotics company Fetch unveiled its latest robot this morning. The PalletTransport1500 is an autonomous bot designed specifically to replace forklift uses in warehouses. The systems, which are designed to pick up and delivery pallets, are capable of sporting payloads of up to 2,504 pounds. The device joins a number of different robotic forklift […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 01/28/2021 09:00 EDT

Location broker X-Mode continues to track users despite app store bans

Apple and Google banned apps from sharing users' location data with X-Mode, a data broker with links to U.S. military contractors. Read more

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TechCrunch
Rita Liao @ TechCrunch · 01/28/2021 09:00 EDT

Online wholesale retailer Boxed taps Aeon for Asia expansion

Boxed, the New York-based online retailer that sells and delivers bulk-sized groceries, makes its foray into Asia by partnering with Aeon, one of Asia’s largest brick-and-mortar retail operators. Unlike its consumer-focused business in the U.S., which has been described as “Costco for millennials,” Boxed is exporting its nascent software-as-a-service solution to Aeon in Malaysia. As […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 01/28/2021 08:06 EDT

Tecera launches with $225M to fund cloud consulting firms

As we move deeper into a cloud-centric world, everything was supposed to get easier, but in truth there’s a lot of moving parts, and companies need help getting everything to work. This takes people with a particular set of skills to help clients with tasks like integrations, managing hybrid and multi-cloud environments and getting data […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/28/2021 08:05 EDT

Heights raises $2M for its subscription supplements aimed new ‘braincare’ category

New wellness startup Heights is formally launching this week, focusing on a category it describes as ‘braincare’. The startup will market “ultra high quality, sustainable plant-based supplements that feed your brain” based on what it says is scientific data. It has raised a $2 million Seed funding round (£1.7M) via the Seedrs crowdfunding platform, with the […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 01/28/2021 07:30 EDT

Fintech darling Nubank raises blockbuster $400M Series G at $25B valuation

While the pandemic has left some startups strapped for cash, the aptly-named Brazilian neobank Nubank is swimming in it. This morning, the company announced that it has raised a $400 million Series G round, putting their total funding to date at $1.2 billion. But even more remarkable, in addition to their new $25 billion valuation (up from […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/28/2021 06:48 EDT

UK’s competition watchdog still eyeing Facebook’s Giphy buy

The UK’s competition regulator will make a decision on whether or not Facebook’s acquisition of Giphy has a ‘realistic prospect’ of substantially lessening competition by March 25, it said today, as it continues to scrutinize the deal. “The Competition and Markets Authority (CMA) hereby gives notice pursuant to paragraph (b) of the definition of ‘initial […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/28/2021 06:36 EDT

Berlin Brands Group commits $302M to acquire D2C and Amazon merchants

If the rise of direct-to-consumer businesses has been one of the big e-commerce trends of the last decade, then the growth of startups raising huge rounds to consolidate D2C players, to bring more economies of scale to the model, has definitely been a related theme of the past year. In the latest move, a startup […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 01/28/2021 06:16 EDT

Google updates Play Store policies on gamified loyalty programs following confusion in India

Google has updated, simplified, and broadened its policy on gaming loyalty programs that Play Store apps can engage in months after confusion about the guidance prompted some backlash in India. The company said on Thursday that it now specifies guidance on gamified loyalty programs that are based on a qualified monetary transaction in an app […] Read more

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 01/28/2021 04:58 EDT

Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

Catalyst Fund, a global accelerator managed by BFA Global, announced the 8th cohort for its Inclusive Fintech Program today. The accelerator, backed by the JP Morgan Chase and Bill & Melinda Gates Foundation, runs the flagship program annually. With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 01/28/2021 04:36 EDT

Ula raises $20 million to expand its e-commerce marketplace in Indonesia

Tokopedia, Lazada, Shopee, and other firms created an e-commerce market in Indonesia in the past decade, making it possible for consumers to shop online in the island nation. But as is true in other Asian markets, most small retailers and mom-and-pop stores in the Southeast Asian country still face a myriad of challenges in sourcing […] Read more

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