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
A longtime Twitter insider and a confidant of co-founder Jack Dorsey, Mr. Agrawal takes over as the social media company confronts various challenges.
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
After its investigation found it could harm competition — The UK's competition regulator has officially ruled that Facebook parent … Source: GOV.UK .
Twitter CEO Jack Dorsey resigns, CTO Parag Agrawal takes over effective immediately; Dorsey to quit the board in 2022, Salesforce's Bret Taylor to become chair
Twitter CEO Jack Dorsey is stepping down as chief of the social media company, effective immediately.
Adobe: online US consumers spent $7.1B by 9PM ET on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers return to physical stores
Online retailers offered fewer discounts because of limited inventory, while more shoppers returned to stores
Researchers find Google Play apps with 300K+ downloads that stole bank credentials, posing as QR and PDF scanners, exercise apps, and cryptocurrency wallets
Crooks find new ways to prevent Google from detecting malicious packages. — Researchers said they've discovered a batch …
Twitter bans sharing private images and videos without consent, with exceptions for newsworthiness and public figures, and will remove reported offending media
Twitter has expanded its private information policy to include media, banning users from sharing photos or videos of a private individual without their permission.
Possible reasons Dorsey stepped down, including activist investors and disinterest in the role, and what to expect from Parag Agarwal, who has focused on crypto
Theories on why now, and what to expect from Parag Agrawal's Twitter — This story is part of a group of stories called
Citing “alleged serious breaches” of data protection laws, UK's ICO notifies Clearview AI of its provisional intention to fine the company £17M+
Controversial facial recognition company Clearview AI is facing a potential fine in the UK. Source: ICO .
Twitter's new CEO has to steer a company that has underperformed the market, haltingly introduced new products, and struggled to moderate harmful content
- Technologist steps into high-pressure, high-profile role — Dorsey hands years-long business struggles to new leadership
Finland is working to stop millions of text messages spreading the FluBot malware via links, which started late last week, declaring a “severe alert”
Finland is working to stop a flood of text messages of an unknown origin that are spreading malware.
Profile of FTC Chair Lina Khan, as some longtime staffers worry she is underestimating the risks of pursuing aggressive antitrust cases that are likely to fail
As monopolies and other large companies gain increasing control of our daily lives, Khan is Joe Biden's pick to do something about it. Tweets: @davidmwessel , @michaelluo , @sheelahk , @econliberties ...
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
The use of technology to help officials make more accurate offside decisions will be tested at the Fifa Arab Cup, which starts on Tuesday.
The Retail, Wholesale and Department Store Union says the NLRB has authorized a new election for Amazon warehouse workers in Alabama
Annie Palmer / CNBC :
Fundbox, which offers lines of credit up to $150K to SMBs using AI to automate loan decisions, raises a $100M Series D at a $1.1B valuation
Fundbox, a company that offers loans to small businesses, announced today it has raised $100 million in a Series D round at a valuation of $1.1 billion.
South Korean company Naver, which runs the popular Zepeto metaverse platform for 3D avatars, raises a $150M Series B at a $1B valuation from Vision Fund 2
Naver's Zepeto, boasting a base of young female users, attracts $150 million SoftBank investment, valuing it at more than $1 billion
Mainframe Industries, which develops cloud-native MMOs, raises a $23M Series B led by Andreessen Horowitz, bringing its total funding to $33.7M
Mainframe Industries, the startup behind the first cloud-native massively multiplayer online game, today announced it has raised $23 million in new funding led by Andreessen Horowitz.
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
Hivemind Capital Partners, founded by former Citi exec Matt Zhang, announced its inaugural $1.5 billion venture fund to invest in blockchain and digital asset ecosystems.
Lessen, which offers a marketplace for property services, raises a $170M Series B at a $1B+ valuation led by Fifth Wall
The home services marketplace Lessen, which is geared towards facilitating the logistics for every stage of home services and repair for both residents and service professionals …
Israeli DevOps security startup Cycode, which helps protect source code, raises a $56M Series B led by Insight Partners, following a $20M Series A in May 2021
Israeli DevOps security startup Cycode Ltd. announced today it has raised $56 million in new funding to fuel sales growth …
Developer productivity service Raycast, which helps manage SaaS tools, raises a $15M Series A led by Accel and Coatue
Developer-focused productivity tool Raycast has raised $15 million in Series A funding, led by Accel and Coatue. Also participating in the round were angel investors Johnny Boufarhat …
Abacum, which offers financial planning and analysis tools for medium-sized companies, raises a $25M Series A led by Atomico, bringing its total funding to $32M
Natasha Lomas / TechCrunch :
Via, which offers cities software and operations services to manage transit, raises $130M at a $3.3B valuation led by Janus Henderson
- Via raised $130 million in financing led by Janus Henderson — Cities are spending more on public transit programs now
CloudTrucks, which helps truck operators manage cash flows, insurance, and more, raises a $115M Series B led by Tiger Global, bringing its funding to $142M
Rebecca Bellan / TechCrunch :
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 :
Amazon debuts AWS IoT RoboRunner to simplify building apps for managing robot fleets and AWS Robotics Startup Accelerator to offer AWS credits and expert advice
Kyle Wiggers / VentureBeat :
Singapore-based YouTrip, which helps make multi-currency transactions more efficient, raises a $30M Series A led by anonymous prominent Asian family offices
And The Biggest VTL Giveaway Fintech Singapore : YouTrip Raises US$30 Million Series A to Fuel Its Growth in B2C and B2B Space Glendon Gwee / Yahoo News : YouTrip raises US$30 million in latest round ...
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 Times :
Thought Machine, which helps banks launch cloud-based services, raises a $200M Series C led by Nyca Partners at a $1B+ valuation
Natasha Lomas / TechCrunch :
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 :
Chicago-based ThreeFlow, which offers tools to insurance brokers selling employee benefits, raises $45M Series B led by Accel, after an $8M Series A in January
Anita Ramaswamy / TechCrunch :
London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M
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 :
Upbound, which created the open-source multi-cloud management project Crossplane, raises a $60M Series B led by Altimeter Capital
Ron Miller / TechCrunch :
Stockholm-based Quinyx, which helps companies schedule gig work, raises $50M Series C led by Battery Ventures at $550M valuation, bringing its funding to $89M+
Kyle Wiggers / VentureBeat :
Filing: HashiCorp aims for a valuation of up to $13B in its IPO, reveals $82.2M in revenue, up 49% YoY, and a $22M net loss in its latest quarter
Ari Levy / CNBC :
Chegg acquires Busuu, an online language learning startup with 120M+ users across 160+ countries, for €385 million
Yassir, an Algerian startup with 3M+ users offering on-demand services such as ride-hailing and last-mile delivery, raises a $30M Series A
Tage Kene-Okafor / TechCrunch :
Booking.com plans to acquire Sweden-based Etraveli Group, one of its flight-booking partners, from CVC Capital for €1.63B
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.