Quizlet plans for IPO over a year after hitting unicorn status
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Quizlet, a flashcard tool turned artificial intelligence-powered tutoring platform, is planning an initial public offering nearly a year after it was valued at $1 billion. According to people familiar with the matter, Quizlet is considerably far along in theApple prohibited from blocking outside payment in Epic ruling
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A judge this morning issued a ruling in California’s Epic v. Apple case, siding with the Fortnite maker on the topic of third-party payments. Effectively, the judge has ruled that Apple cannot prohibit developers from adding links for alternative payments bDataRobot CEO Dan Wright coming to TC Sessions: SaaS to discuss role of data in machine learning
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Just about every company is sitting on vast amounts of data, which they can use to their advantage if they can just learn how to harness it. Data is actually the fuel for machine learning models, and with the proper tools, businesses can learn to process thi
Have ‘The Privacy Talk’ with your business partners
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Unless you hear it first-hand, it’s can be hard to discern if a partner is thinking about privacy, if they are committed to data ethics, and how compliance is woven into their organization’s culture.WhatsApp will finally let users encrypt their chat backups in the cloud
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WhatsApp said on Friday it will give its two billion users the option to encrypt their chat backups to the cloud, taking a significant step to put a lid on one of the tricky ways private communication between individuals on the app can be compromised. The FacIceland’s Crowberry Capital launches $90M seed and early-stage fund aimed at Nordics
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Crowberry Capital, operating in Reykjavik and Copenhagen, has launched Crowberry II: a $90 million seed and early-stage fund aimed at startups in the Nordic region. A second close — bringing in an additional $40 million — is planned for July 2022Microsoft acquires TakeLessons, an online and in-person tutoring platform, to ramp up its edtech play
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Microsoft said in January this year that Teams, its online collaboration platform, was being used by over 100 million students — boosted in no small part by the Covid-19 pandemic and many schools going partly or fully remote. Now, it’s made anotheBNPL is not a winner-takes-all game
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Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Mary Ann took over this week’s show with Chris and Grace, which meant that our overdeveloped senses of curioWhy do the media always pit labor against capital?
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There are abusive corporations, and we do need a better social safety net so that people aren’t at the mercy of the doctrine of shareholder primacy, but that truth disguises a more complicated reality.Jim Lanzone breaks up with Tinder, swipes right to take the CEO job at Yahoo, Renate Nyborg takes Tinder CEO role
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Ten days after Apollo Global completed its acquisition of Yahoo (formerly Verizon Media) from Verizon for $5 billion, it has appointed a new CEO for the group. Jim Lanzone, who is currently the CEO of dating app Tinder, is coming on to lead the company (whichAmagi tunes into $100M for cloud-based video content creation, monetization
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Amagi provides cloud broadcast and targeted advertising software so that customers can create content that can be created and monetized to be distributed via broadcast TV and streaming TV platforms.MaxRewards banks $3M to reveal best payment methods that reap the most rewards
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MaxRewards is a digital wallet app that manages credit cards and automatically activates benefits like rewards, cashback offers and monthly credits.Startup insurance provider Vouch raises $90M, now valued at $550M
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Vouch, a provider of business insurance to startups and high-growth companies, announced today it has raised $90 million in new funding. The $90 million figure was raised across two rounds: a $60 million Series C co-led by SVB Capital (a subsidiary of SilicoNigerian one-click checkout platform OurPass raises $1M pre-seed, wants to build ‘Fast for Africa’
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We like to buy things online ranging from e-commerce stores to subscription-based sites. However, no one enjoys the hassle when you have to always re-log into different sites and stores. I mean, shopping can be a whole lot more fun if a fast logging and checkEpic Games asks Apple to reinstate Fortnite in South Korea after new law
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Epic Games has asked Apple to rejoin its Fortnite developer account in South Korea as the U.S. game maker plans to re-release Fortnite on iOS in South Korea, offering both Epic and Apple payments side-by-side, said in a tweet on September 10. Epic has asked AApple Music is using Shazam to solve the streaming industry’s problem with DJ mixes
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Apple Music announced today that it’s created a process to properly identify and compensate all of the individual creators involved in making a DJ mix. Using technology from the audio-recognition app Shazam, which Apple acquired in 2018 for $400 millionUber Eats, Grubhub, DoorDash sue NYC for limiting fees the apps can charge restaurants
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Food ordering and delivery platforms DoorDash, Caviar, Grubhub, Seamless, Postmates and Uber Eats have banded together to sue the City of New York over a law that would permanently limit the amount of commissions the apps can charge restaurants to use their sSnyk snags another $530M as valuation rises to $8.5B
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Snyk, the Boston-based late-stage startup that is trying to help developers deliver more secure code, announced another mega-round today. This one was for $530 million on an $8.5 billion valuation, with $300 million in new money and $230 million in secondarySnyk snags another $530M as valuation rises to $8.4B
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Snyk, the Boston-based late-stage startup that is trying to help developers deliver more secure code, announced another mega-round today. This one was for $530 million, with $300 million in new money and $230 million in secondary funding, the latter of whichWhat China’s new data privacy law means for US tech firms
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Modeled after the EU's GDPR, China's PIPL imposes protections and restrictions on data collection and transfer that companies both inside and outside of China will need to address.The 2022 Chevrolet Silverado gets a tech upgrade, hands-free trailering and a new ZR2 off-road flagship
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GM unveiled Thursday the 2022 Chevrolet Silverado, a full-sized pickup truck that received a major technology upgrade, including its hands-free Super Cruise advanced driver assistance system and an infotainment system with embedded Google services, as well aDaily Crunch: Ray-Ban Stories smart glasses are latest step in Facebook’s AR ambitions
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Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.Apple has reportedly appointed wearable chief Kevin Lynch to lead its car division
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Apple has reportedly appointed a new executive to lead the development of its secretive self-driving car division. According to Bloomberg, the company has tapped Kevin Lynch to oversee Project Titan.UK dials up the spin on data reform, claiming ‘simplified’ rules will drive ‘responsible’ data sharing
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The U.K. government has announced a consultation on plans to shake up the national data protection regime, as it looks at how to diverge from European Union rules following Brexit. It’s also a year since the U.K. published a national data strategy in whSquad Mobility eyes shared platforms as target for its compact solar electric quadricycle
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Squad Mobility’s vision of the perfect urban vehicle is a low-cost EV equipped with solar panels, swappable batteries and enough zip and range in its diminutive 6.5-foot package to meet the needs of city drivers. The early stage Dutch startup, which recDoNotPay’s ‘robot lawyer’ can now help report potholes or fallen trees to the city, file damage claims
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Tired of swerving around the same pothole every day but don’t know how to report it to your city? Already reported it but feel like said report was fired off into the ether, never to be read much less fixed? DoNotPay, a company that makes annoying proceTwitter introduces a new label that allows the ‘good bots’ to identify themselves
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Twitter today is introducing a new feature that will allow accounts to self-identify as bots by adding a label to their profile. This feature is designed to help people better differentiate between automated accounts — like bots that retweet the news, pGoogle and Jio delay their India smartphone launch
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The JioPhone Next, the much-awaited smartphone designed by Google and India’s Jio Platforms to tap hundreds of millions of users in the world’s second largest internet market, won’t launch on Friday, the Indian technology giant said ThursdaInvestors are doubling down on Southeast Asia’s digital economy
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Southeast Asian tech companies are drawing the attention of investors around the world. In 2020, startups in the region raised over $8.2 billion, about four times more than they did in 2015.Google and India’s Jio delay their smartphone launch
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The JioPhone Next, the much-awaited smartphone designed by Google and India’s Jio Platforms to tap hundreds of millions of users in the world’s second largest internet market, won’t launch on Friday, the Indian technology giant said ThursdaBox wins proxy board battle with activist investor Starboard Value
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A battle between Box and its majority shareholder Starboard Value over control of the board ended today when the company’s slate of directors easily defeated Starboard’s. It culminated months of maneuvering on both sides as they battled for controSome of the biggest names in private equity think this go-go market has another year or two (at least)
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Earlier today, as part of a private event, this editor was afforded the opportunity to talk with some of the biggest names in the world of private equity, including Carlyle cofounder David Rubenstein; Bain Capital co-chair Steve Pagliuca; Jean Salata, the CEEpic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature
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Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. The company says Houseparty will be discontinued in October when the app will stop functioning for its existing users; it wiSustainable jet fuel company Alder Fuels seals investments from United, Honeywell
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The aviation industry is notoriously difficult to decarbonize, in part because airplanes use a petroleum-based fuel to fly. Alder Fuels wants to change that. The new cleantech company, headed by Bryan Sherbacow, is developing a low-carbon jet fuel that can bGM extends Chevy Bolt EV production shutdown another two weeks
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GM has extended a shutdown at its Orion Assembly Plant another two weeks due to a battery pack shortage related to the widespread Chevrolet Bolt EV and Bolt EUV safety recall. GM said the extended downtime at the Orion plant will last through September 20. OrOpen source backend-as-a-service startup Supabase raises $30M
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Supabase, the backend-as-a-service startup, announced this week that it raised a $30 million Series A. Supabase is often described as an open source alternative to Google’s Firebase … which is a pretty good way to put it for those who know what FiLaser-initiated fusion leads the way to safe, affordable clean energy
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Fusion power plants will eventually replace most conventional power plants and related large-scale energy infrastructure that are still so dominant today. There will be no need for coal or gas.Review: Facebook’s Ray-Ban Stories make the case for smart glasses
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Facebook’s first pair of smart glasses doesn’t feel like much of a Facebook product. You won’t find the Facebook logo emblazoned on them or even its name in small print by the serial code. They aren’t Facebook Stories or Ray-Ban’Ford builds leadership team of commercial vehicle unit ahead of E-Transit launch
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Ford has hired six senior-level executives to its newly minted commercial vehicles and services business unit as the automaker prepares to bring to market the E-Transit cargo van and the F-150 Lightning Pro pickup truck — two electric vehicles it’s
