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Showing posts from November, 2021

Amazon unveils AWS Private 5G, a service providing hardware, software, and SIMs to help deploy private mobile networks quickly without per-device charges (Aisha Malik/TechCrunch)

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Aisha Malik / TechCrunch : Amazon unveils AWS Private 5G, a service providing hardware, software, and SIMs to help deploy private mobile networks quickly without per-device charges   —  At Amazon's AWS re:Invent conference this morning, the company announced the preview of “AWS Private 5G,” which is a new service … from Techmeme https://ift.tt/3rp5N6M

Privacy-focused cryptocurrency startup Iron Fish, which launched its IRON coin in April 2021, raises a $27.6M Series A led by a16z (Michael del Castillo/Forbes)

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Michael del Castillo / Forbes : Privacy-focused cryptocurrency startup Iron Fish, which launched its IRON coin in April 2021, raises a $27.6M Series A led by a16z   —  Elena Nadolinski grew up in Volgograd, Russia playing on the shells of abandoned tanks and decommissioned battleships, following the collapse of the Soviet Union. from Techmeme https://ift.tt/3ogdY3n

AWS launches its Arm-based Graviton 3 processor, claiming it will be 25% faster than Graviton 2 and 3x faster for ML workloads (Frederic Lardinois/TechCrunch)

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Frederic Lardinois / TechCrunch : AWS launches its Arm-based Graviton 3 processor, claiming it will be 25% faster than Graviton 2 and 3x faster for ML workloads   —  At its annual re:Invent conference, AWS today announced the newest generation of its Arm-based Graviton processors: the Graviton 3. from Techmeme https://ift.tt/3EbfgBY

Twitter bans sharing private images and videos without consent, with exceptions for newsworthiness and public figures, and will remove reported offending media (Kris Holt/Engadget)

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Kris Holt / Engadget : 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. from Techmeme https://ift.tt/3d5v7WY

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 (Mary Ann Azevedo/TechCrunch)

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Mary Ann Azevedo / TechCrunch : 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. from Techmeme https://ift.tt/31fkcaH

Lessen, which offers a marketplace for property services, raises a $170M Series B at a $1B+ valuation led by Fifth Wall (Amy Dobson/Forbes)

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Amy Dobson / Forbes : 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 … from Techmeme https://ift.tt/3E9m6rM

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)

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Rebecca Bellan / TechCrunch : 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   —  CloudTrucks wants to use technology to help trucking entrepreneurs operate their business: The California-based startup sells business … from Techmeme https://ift.tt/3o636ok

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 (Duncan Riley/SiliconANGLE)

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Duncan Riley / SiliconANGLE : 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 … from Techmeme https://ift.tt/3xBC23E

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)

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Anita Ramaswamy / TechCrunch : 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   —  ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. from Techmeme https://ift.tt/31ekAq3

Via, which offers cities software and operations services to manage transit, raises $130M at a $3.3B valuation led by Janus Henderson (Jackie Davalos/Bloomberg)

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Jackie Davalos / Bloomberg : 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 from Techmeme https://ift.tt/3rjWSDl

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)

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Natasha Lomas / TechCrunch : 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   —  Abacum, a SaaS maker geared toward upgrading mid-sized companies' financial planning and analysis tools, has fast-followed … from Techmeme https://ift.tt/31eG5Xi

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 (Sheelah Kolhatkar/New Yorker)

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Sheelah Kolhatkar / New Yorker : 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. from Techmeme https://ift.tt/3llqRXZ

Finland is working to stop millions of text messages spreading the FluBot malware via links, which started late last week, declaring a "severe alert" (Kati Pohjanpalo/Bloomberg)

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Kati Pohjanpalo / Bloomberg : 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. from Techmeme https://ift.tt/3o6JPDh

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 (Jiyoung Sohn/Wall Street Journal)

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Jiyoung Sohn / Wall Street Journal : 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 from Techmeme https://ift.tt/3xBykXA

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 (BBC)

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BBC : 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. from Techmeme https://ift.tt/3d1fFv5

Developer productivity service Raycast, which helps manage SaaS tools, raises a $15M Series A led by Accel and Coatue (Aisha Malik/TechCrunch)

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Aisha Malik / TechCrunch : 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 … from Techmeme https://ift.tt/3EaCo3s

London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M (Finextra)

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Finextra : London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M   —  Plum, Europe's ultimate money management app, has successfully raised a total of $24 million from a Series A funding round that will help propel … from Techmeme https://ift.tt/3d0JlZ6

Adobe: online US consumers spent $7.1B on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers return to physical stores (Charity L. Scott/Wall Street Journal)

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Charity L. Scott / Wall Street Journal : Adobe: online US consumers spent $7.1B 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 from Techmeme https://ift.tt/3FYmIRn

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)

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Coco Liu / Bloomberg : Chinese agencies release rules aimed at regulating the ride-hailing industry to protect drivers and riders, including setting up local supervisory offices   —  - Several agencies issue most comprehensive guidelines to date  — Didi's investors are grappling with uncertainty over its fate from Techmeme https://ift.tt/3d4raBK

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 ...)

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Siddharth Venkataramakrishnan / Financial Times : 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   —  Currency exchange fintech listed in London in July with a valuation close to £9bn  —  Profits at currency exchange … from Techmeme https://ift.tt/3DaTxZA

Singapore-based YouTrip, which helps make multi-currency transactions more efficient, raises a $30M Series A led by anonymous prominent Asian family offices (Catherine Shu/TechCrunch)

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Catherine Shu / TechCrunch : Singapore-based YouTrip, which helps make multi-currency transactions more efficient, raises a $30M Series A led by anonymous prominent Asian family offices   —  Singapore-based YouTrip, an online bank that focuses on making multi-currency transactions less costly and more efficient … from Techmeme https://ift.tt/3D5iDcw

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 (Jon Porter/The Verge)

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Jon Porter / The Verge : 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 … from Techmeme https://ift.tt/3o5g45K

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)

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Dominic Powell / The Age : Melbourne-based Mr Yum, which lets diners order food and drink using QR codes, raises a $65M Series A led by Tiger Global   —  Normal text sizeLarger text sizeVery large text size  —  QR code food ordering platform Mr Yum has tied off a star-studded $89 million capital raising in a major bet … from Techmeme https://ift.tt/3lnAs0a

Twitter's new CEO has to steer a company that has underperformed the market, haltingly introduced new products, and struggled to moderate harmful content (Bloomberg)

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Bloomberg : 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 from Techmeme https://ift.tt/2ZCdSJL

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)

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Catherine Shu / TechCrunch : 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   —  Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. from Techmeme https://ift.tt/3o63cMY

Twitter employees speculate why Jack Dorsey stepped down and what to expect from Parag Agarwal, who is among the company's most crypto-focused executives (Casey Newton/The Verge)

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Casey Newton / The Verge : Twitter employees speculate why Jack Dorsey stepped down and what to expect from Parag Agarwal, who is among the company's most crypto-focused executives   —  Theories on why now, and what to expect from Parag Agrawal's Twitter  —  This story is part of a group of stories called from Techmeme https://ift.tt/3d2oJjd