Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health
Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.
WhatsApp begins a limited test of Meta's Novi digital wallet in the US, letting users send and receive crypto within a chat, after launching a pilot in October
Like Love Haha Wow Sad Angry — Today, WhatsApp is finally announcing a small pilot program to some people in the US …
Italy's competition authority fines Amazon €1.13B for allegedly abusing its market position and harming competitors in e-commerce logistics
Italy's competition authority announced Thursday it was slapping a €1.13 billion fine on Amazon for abusing its dominant position in the market … Source: AGCM .
Instagram plans to bring back “a version” of its chronological feed in Q1 2022, as it experiments with other options for users including a “favorites” feed
After more than five years, Instagram plans to bring back “a version” of its chronological feed next year, the company's top executive said on Wednesday.
At a congressional hearing with six crypto executives, committee members voiced concerns about stablecoins and exchanges but showed a warming up to crypto
Quick Take — Today's hearing before the House Financial Services Committee confirmed: Congress is warming up to crypto.
EU Commission proposes rules turning gig workers into employees, affecting up to 4.1M workers; EU estimates 28M work through digital labor platforms in the bloc
A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.
Kuo: Apple's AR headset will include four sets of 3D sensors to offer hand gesture controls and object detection
Apple's long rumored AR headset is predicted to include multiple highly sensitive 3D sensing modules in order to offer an innovative hand gesture and object detecting user interface …
A US appeals court grants a stay in the Epic v. Apple ruling, letting Apple keep its IAP system as the sole source of iOS in-app payments as the case proceeds
Apple can maintain its App Store payment monopoly while the case proceeds — An appeals court has paused one of the most consequential parts …
Amazon says it will shut down its global website ranking system Alexa.com on May 1, 2022, after 26 years of operation
Amazon announced on Wednesday plans to shut down its global website ranking system and competitor analysis tool “Alexa.com”, which has been available for 25 years.
DeepMind claims its language model RETRO matches the performance of neural networks 25 times its size, cutting the time and cost to train large language models
RETRO uses an external memory to look up passages of text on the fly, avoiding some of the costs of training a vast neural network
SushiSwap CTO Joseph Delong resigns after reports of project infighting and a 50% drop in the token's price over the past month
Amid a plummeting token price and rumors of infighting, Sushi CTO Joseph Delong announced on Wednesday that he is stepping away from the project “effective immediately.”
Google confirms a permanent fix is coming for a bug that prevents some Android users from calling 911 if Microsoft Teams is installed but they are not logged in
Last week, a user reported that their Pixel 3 was not able to dial 911 (emergency services in the US).
Behind the rise of “alt-jihadists” on social media and how they have adopted alt-right's organizational tactics and imagery to fuel their growing movement
The playbook of the “alt-right” is guiding a new generation of fringe jihadists, showing just how complicated extremism is about to become online. Tweets: @cepineurope , @isdglobal , @bjornih , and @m...
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and cutting down on board memberships
Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile. Tweets: @pt , @lucas_shaw , @chafkin , @tomgara...
Adam Mosseri proposes updating Section 230 so that tech companies are only protected if they follow kids' safety rules set by a new government oversight body
Danish startup Pleo, which builds expense management tools for SMBs, raises $200M at a $4.7B valuation led by Coatue Management, bringing its Series C to $350M
Danish startup Pleo, a developer of expense management tools aimed at SMBs to let them issue company cards and better manage …
A look at Cardano, a controversial blockchain-based project led by Ethereum cofounder Charles Hoskinson that aims to build a national ID system for Ethiopia
There are countless examples of the dangers posed by national ID schemes, including from Kenya, Uganda, Pakistan, India and elsewhere. Tweets: @hackylawyer , @hijodelcuervo , @ahcastor , and @bronwenm...
Berlin-based Mambu, which offers embedded financial services and banking APIs, raises a €235M Series E at a €4.9B valuation, after raising $135M in January
Embedded finance — where companies tap into APIs to integrate banking and other financial tools without having …
Sources: US will ban investment in SenseTime on Friday citing human rights abuses against Uyghurs, as the Chinese AI company prices its shares in Hong Kong
Facial recognition software specialist targeted for allegedly enabling human rights abuses — The US will put SenseTime …
Better.com CEO Vishal Garg apologizes for how he handled firing ~900 employees, 9% of his workforce, over Zoom, as a report says Better.com is delaying its SPAC
Three Executives Quit Joshua Bote / SFGATE : Startup valued at $7B lays off hundreds on Zoom before holidays Niket Nishant / The Economic Times : Better.com CEO apologises after laying off 900 employe...
SellerX, which buys and grows businesses on Amazon's marketplace, raises $500M in debt and equity at a $1B valuation, bringing its total funding to $750M
- Debt, equity financing of $500 million co-led by Victory Park — Company will use funds to buy up e-commerce brands on Amazon
BTC.com data: Bitcoin's hashrate now averages 182.83 exahashes/second, near its May peak of 190.55 EH/s, as it recovers from China's mining ban
Eliza Gkritsi / CoinDesk :
China orders another 106 smartphone apps, including popular social network Douban and karaoke app Changba, to be removed from app stores, citing data practices
Authorities say more than a hundred apps, including Douban, have failed to rectify data privacy and security violations Douban …
Edge Impulse, which lets developers create custom ML projects, raises a $34M Series B led by Coatue at a $234M valuation, bringing its total funding to $54M
55.000 projects, 30.000 developers, $54M funding, and customers including the likes of NASA, in a bit over 2 years.
Work-Bench report: less than 2% of US enterprise software startups, or 354 out of 18,500, have at least one female founder, likely due to issues getting funding
Less than 2% of enterprise software startups in the U.S. feature a female founder, a new report finds Tweets: @annelibby and @aprilkoh_ Tweets: Anne Libby / @annelibby : “In general diversity is good ...
CloudBees, which lets companies automate software deployment and quality monitoring, raises a $150M Series F at a $1B valuation
Enterprise-focused software delivery platform CloudBees has raised $150 million in a series F round of funding at a valuation of $1 billion.
Kickstarter plans to transition its crowdfunding site to a newly created blockchain-based protocol in 2022, and will offer tools for others to build on it
Jackie Davalos / Bloomberg :
A look at the ethical minefield of VCs making personal startup bets ahead of follow-up investments from their VC firms, like at GV, BlackRock, DST, and others
Bloomberg : Tweets: @ivanlevingston , @technology , @ivanlevingston , @ivanlevingston , @ivanlevingston , and @ivanlevingston Tweets: Ivan Levingston / @ivanlevingston : As VC hits records this year,...
Roku says it has agreed to a multi-year extension with Google for distributing YouTube and YouTube TV apps on its devices; Roku's stock is up 18%+
Facebook is testing a Professional Mode, letting eligible creators monetize their profiles, including the Reels Play bonus program that offers up to $35K/month
Robotic Research, which makes on and off-road autonomous vehicles for the US DoD, raises a $228M Series A led by SoftBank Vision 2 and Enlightenment Capital
Robotic Research, a self-driving technology company that has spent the last two decades developing on and off-road autonomous vehicles …
MapmyIndia, which provides mapping data to Apple, Amazon, McDonald's, and others, aims to raise up to $137M in its IPO; the company has raised $41.3M
GMP at ₹784 KS Badri Narayanan / The Hindu BusinessLine : MapmyIndia IPO opens today; raises ₹312 cr from anchor investors Livemint : MapmyIndia IPO fully subscribed on day 1. GMP, other details here ...
Twitter tests turning its in-app Explore page into a TikTok-like feed with For You and Trending tabs, amid similar experiments from Netflix, Spotify, and Reddit
Amanda Silberling / TechCrunch :
Filing: Indian ride-hailing giant Ola raises a $139M Series J at a ~$7.3B valuation led by Edelweiss, after raising $500M in July, ahead of its IPO next year
Gaurav Tyagi / Entrackr :
Department of Health and Human Services: data breaches in 2021 exposed the health information of 40M+ people in the US, up from 26M in 2020
Nicole Wetsman / The Verge : Tweets: @gregafish and @adam_k_levin Tweets: Greg Fish / @gregafish : Hospitals' lackadaisical attitude towards cybersecurity is costing people lives and money. And the h...
Byju's acquires Austria-based GeoGebra, which develops an interactive math learning tool reaching 100M students, source says for $100M in cash and stock
Market summary: 📊 — Adding up to be a good week … Arun Padmanabhan / The Economic Times : Byju's acquires Austria's math platform GeoGebra in $100 million deal
UK digital bank Monzo raises $500M led by Abu Dhabi Growth Fund at a $4.5B valuation; sources say it is exploring products like stock and crypto trading
Financial Times :
Adobe agrees to acquire ContentCal, which helps creators automate social media publishing and reporting tasks, sources say for more than $100M in cash
Ivan Levingston / Bloomberg :
Microsoft will change its hiring process as part of a settlement with the DOJ, which says it found at least six instances of immigration-related discrimination
A look at the impact of data centers in Europe, including high electricity and water usage, as Big Tech gets tax breaks, subsidized energy and agricultural land
Marietje Schaake / Financial Times : Tweets: @fsistanford , @marialazaro , @wildebees , and @martintisne Tweets: FSI Stanford / @fsistanford : .@MarietjeSchaake urges Europe not to be blindsided by l...
UiPath reports Q3 revenue of $220.8M, vs. estimates of $208.3M and up 50% YoY, ARR of $818.4M, up 58% YoY, and losses of $122.8M, up 73% YoY
Corporate spend and cash management service Rho raises a $75M Series B led by Dragoneer, bringing its total funding to $205M in equity and debt
Anna Heim / TechCrunch :
HashiCorp raises $1.2B in its IPO after selling shares at $80, up from a marketed range of $68 to $72, giving it a $14B valuation
Crystal Tse / Bloomberg :
London-based Atom Learning, which offers AI-based education materials for students aged 7 to 11, raises a $25M Series A from Vision Fund 2
Ingrid Lunden / TechCrunch :
Robin Healthcare, which offers an AI-powered smart speaker to record patients' talks with providers and help with administrative tasks, raises a $50M Series B
Rebecca Torrence / FierceHealthcare :
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.