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Showing posts from July, 2021

SolCyber, which offers endpoint detection and response services, comes out of stealth with $20M Series A led by ForgePoint Capital (Kyle Wiggers/VentureBeat)

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Kyle Wiggers / VentureBeat : SolCyber, which offers endpoint detection and response services, comes out of stealth with $20M Series A led by ForgePoint Capital   —  All the sessions from Transform 2021 are available on-demand now.  Watch now.  —  SolCyber, a managed security service provider, today emerged from stealth … from Techmeme https://ift.tt/3fklvJv

FRISS, which provides automated fraud and risk detection technology for property and casualty insurance companies, raises $65M Series B led by Accel-KKR (Vishal Singh/Silicon Canals)

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Vishal Singh / Silicon Canals : FRISS, which provides automated fraud and risk detection technology for property and casualty insurance companies, raises $65M Series B led by Accel-KKR   —  Dutch and US-based FRISS is a cybersecurity company that focuses completely on automated fraud and risk detection for P&C insurance companies across the world. from Techmeme https://ift.tt/3rL7p8Q

Replicated, which sells tools that help software makers create and deploy on-premises versions of their applications, raises $50M Series C led by Owl Rock (Mike Wheatley/SiliconANGLE)

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Mike Wheatley / SiliconANGLE : Replicated, which sells tools that help software makers create and deploy on-premises versions of their applications, raises $50M Series C led by Owl Rock   —  On-premises software delivery company Replicated Inc. is much richer today after grabbing $50 million in a new round of funding. from Techmeme https://ift.tt/2VhxTCN

Cyolo, which is developing zero trust security tech to enable users to securely access their organization's apps, servers, and files, raises $21M Series A (Kyle Wiggers/VentureBeat)

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Kyle Wiggers / VentureBeat : Cyolo, which is developing zero trust security tech to enable users to securely access their organization's apps, servers, and files, raises $21M Series A   —  All the sessions from Transform 2021 are available on-demand now.  Watch now.  —  Cyolo, a startup developing a platform … from Techmeme https://ift.tt/3id9CXs

Medical imaging startup Exo, which aims to commercialize its AI-powered point-of-care workflow software and handheld ultrasound device, raises $220M Series C (Christine Hall/TechCrunch)

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Christine Hall / TechCrunch : Medical imaging startup Exo, which aims to commercialize its AI-powered point-of-care workflow software and handheld ultrasound device, raises $220M Series C   —  Exo, pronounced “echo,” raised a fresh cash infusion of $220 million in Series C financing aimed at commercializing … from Techmeme https://ift.tt/3legPbP

Mercury, which offers banking services to startups, raises $120M Series B, including a $5M allotment for crowdfunding, led by Coatue at a $1.62B valuation (Joe Burns/FinLedger)

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Joe Burns / FinLedger : Mercury, which offers banking services to startups, raises $120M Series B, including a $5M allotment for crowdfunding, led by Coatue at a $1.62B valuation   —  Mercury, a company which offers software and banking services for scaling startups, announced raising a $120 million Series B led by Coatue, according to a company blog post. from Techmeme https://ift.tt/3lhOHoj

Rey, which uses VR-based tools powered by OxfordVR to provide on-demand mental health care services, raises $26M Series A, three months after launching (Rashi Shrivastava/Forbes)

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Rashi Shrivastava / Forbes : Rey, which uses VR-based tools powered by OxfordVR to provide on-demand mental health care services, raises $26M Series A, three months after launching   —  Technology can, and should, play a pivotal role in bridging the gap between the burgeoning demand for mental health services and limited supply … from Techmeme https://ift.tt/3yl4l5R

The perfect storm striking World of Warcraft

All of a sudden, WoW players are in revolt, and its competitors are having a boom. from RSSMix.com Mix ID 8290670 https://ift.tt/2WvFhuP

Microsoft is avoiding antitrust scrutiny by rebranding itself as nice and boring, even as it reverts to some of the behaviors that led to prosecution the '90s (Molly Wood/The Atlantic)

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Molly Wood / The Atlantic : Microsoft is avoiding antitrust scrutiny by rebranding itself as nice and boring, even as it reverts to some of the behaviors that led to prosecution the '90s   —  How has Microsoft escaped the scrutiny of reinvigorated antitrust regulators?  —  About the author: Molly Wood is the host … from Techmeme https://ift.tt/3xjm7oN

Many viewers are experiencing the Olympics primarily through TikTok, with some of the most-watched videos coming not from NBC but from athletes themselves (Tatum Hunter/Washington Post)

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Tatum Hunter / Washington Post : Many viewers are experiencing the Olympics primarily through TikTok, with some of the most-watched videos coming not from NBC but from athletes themselves   —  The Olympics through the lens of TikTok look widely different than TV  —  When NBC's “Today Show” told viewers that gymnast Simone Biles … from Techmeme https://ift.tt/3zVmGGX

How Apple became an "antifragile" company, by building a diverse portfolio of products and performing even stronger during the pandemic than it did before (Josh Centers/TidBITS)

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Josh Centers / TidBITS : How Apple became an “antifragile” company, by building a diverse portfolio of products and performing even stronger during the pandemic than it did before   —  For over two decades, “APPLE IS DOOMED” was a common refrain in Internet discussions.  Originally, it was meant in a literal sense … from Techmeme https://ift.tt/3li7kbq

UK's CMA launches an inquiry into Facebook's acquisition of Kustomer, investigating whether the deal violates the UK's Enterprise Act 2002 (Jaime Llinares Taboada/MarketWatch)

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Jaime Llinares Taboada / MarketWatch : UK's CMA launches an inquiry into Facebook's acquisition of Kustomer, investigating whether the deal violates the UK's Enterprise Act 2002   —  The U.K. Competition and Markets Authority said Friday that it has started a merger investigation into the acquisition by Facebook Inc. of Kustomer Inc. from Techmeme https://ift.tt/3idMyrv

With help from Google, impersonated Brave.com website pushes malware

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Enlarge (credit: Getty Images ) Scammers have been caught using a clever sleight of hand to impersonate the website for the Brave browser and using it in Google ads to push malware that takes control of browsers and steals sensitive data. The attack worked by registering the domain xn--brav-yva[.]com, an encoded string that uses what’s known as punycode to represent bravė[.]com, a name that when displayed in browsers address bars is confusingly similar to brave.com, where people download the Brave browser. Bravė[.]com (note the accent over the letter E) was almost a perfect replica of brave.com, with one crucial exception: the “Download Brave” button grabbed a file that installed malware known both as ArechClient and SectopRat. (credit: Jonathan Sampson ) From Google to malware in 10 seconds flat To drive traffic to the fake site, the scammers bought ads on Google that were displayed when people searched for things involving browsers. The ads looked benign enough. As the ...

The pandemic effect is slowing

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Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by what the weekday Exchange column digs into, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here .  Our work this week kicked off in China , dug into African startup activity , dealt with China once again , took a very deep dive into the Latin American startup ecosystem and wrapped with a second look at the Robinhood IPO . In other words, not much was really going on at all! You may have been surprised to see Amazon’s stock fall off a cliff Friday. After all, the company posted huge revenue gains to just over $113 billion during the quarter. And AWS, its public cloud business, seemed to tick along nicely. But investors had expected more growth and had priced the Seattle-based e-commerce player accordingly. When Amazon missed revenue expectations and projected Q3 2021 growth of “between 10% and 16% compared with third quarter 2020,”...

5 lessons from Duolingo’s bellwether edtech IPO of the year

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Duolingo landed onto the public markets this week, rallying excitement and attention for the edtech sector and its founder cohort. The language learning business’ stock price soared when it began to trade, even after the unicorn raised its IPO price range , and priced above the raised interval. Duolingo’s IPO proves that public market investors can see the long-term value in a mission-driven, technology-powered education concern; the company’s IPO carries extra weight considering the historically few edtech companies that have listed. Duolingo’s IPO proves that public market investors can see the long-term value in a mission-driven, technology-powered education concern; the company’s IPO carries extra weight considering the historically few edtech companies that have listed. For those that want the entire story of Duolingo, from origin to messy monetization to historical IPO, check out our EC-1 . It has dozens of interviews from executives, investors, linguists and competitors. F...

China roundup: Keep down internet upstarts, cultivate hard tech

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Hello and welcome back to TechCrunch’s China roundup , a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The tech industry in China has had quite a turbulent week. The government is upending its $100 billion private education sector, wiping billions from the market cap of the industry’s most lucrative players. Meanwhile, the assault on Chinese internet giants continued. Tech stocks tumbled after Tencent suspended user registration , sparking fears over who will be the next target of Beijing’s wrath. Incisive observers point out that the new wave of stringent regulations against China’s internet and education firms has long been on Beijing’s agenda and there’s nothing surprising. Indeed, the central government has been unabashed about its desires to boost manufacturing and contain the unchecked powers of its service industry, which can include everything from internet platforms, film studios to after-school centers. ...

A look at the debate over Spotify's Discovery Mode, whereby artists are prioritized for reduced royalties, a key way for Spotify to improve margins (Anna Nicolaou/Financial Times)

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Anna Nicolaou / Financial Times : A look at the debate over Spotify's Discovery Mode, whereby artists are prioritized for reduced royalties, a key way for Spotify to improve margins   —  Executives complain new Discovery Mode is ‘payola’ but one Texas frontman sees it as the future  —  The Josh Abbott Band … from Techmeme https://ift.tt/3C1hEuE

Apple removes Unjected, a social app for "unvaxxed friendly", citing COVID-19 misinfo; Unjected removed social feed from its Android app after a Google warning (Jackie Davalos/Bloomberg)

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Jackie Davalos / Bloomberg : Apple removes Unjected, a social app for “unvaxxed friendly”, citing COVID-19 misinfo; Unjected removed social feed from its Android app after a Google warning   —  Anti-Vax App Squares Off With Google, Apple Over Misinformation Jackie Davalos31 July 2021, 15:00 CEST … from Techmeme https://ift.tt/3j7PLZ1

This Week in Apps: Instagram restricts teens’ accounts, Elon Musk criticizes App Store fees, Google Play’s new policies

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Welcome back to This Week in Apps,  the weekly TechCrunch series  that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record  218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also  spent  3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American  watches  3.7 hours of live TV per day, but now spends four hours per day on their mobile devices. Apps aren’t just a way to pass idle hours — they’re also a big business. In 2019, mobile-first companies had a  combined  $544 billion valuation, 6.5x higher than those without a mobile focus. In 2020, investors  poured $73 billion in capital into mobile companies — a figure that’s up 27% year over year. This Week in Apps will finally be a newsletter! It will...