Headout raises $12M, plans to hire 150+ people as domestic travel rebounds
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The travel industry was one of the hardest hit by the pandemic, and startup Headout was no exception. A marketplace that let tourists make same-day bookings for tours, events and activities, the app expanded around the world after launching in 2015. Then COVTwitter wants you to tweet to interest-based communities, not just followers
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Twitter is a useful place for following breaking news and keeping up with what the people you’re already interested in are doing, but its relative dearth of discovery features and a lack of organized community spaces make it pretty hard to connect with
SEC wants to regulate Coinbase’s crypto yield product, Coinbase disagrees
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Coinbase CEO Brian Armstrong has reacted strongly to the company’s current relationship with the U.S. Securities and Exchange Commission. According to him, the SEC is threatening to sue the cryptocurrency exchange if it launches its yield-generating produc‘Thin file’ loans startup Koyo closes $50M Series A led by Force Over Mass
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Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50m in debt and equity led by Force Over Mass, with participation from existing investors Forward Partners, Frontline VentuSila Nanotechnologies’ battery technology will launch in Whoop wearables
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Sila Nanotechnologies next-generation battery technology made its commercial product debut Wednesday in the new Whoop fitness tracker, a milestone that caps a decade of research and development by the Silicon Valley startup all aimed at cracking the code to pThoma Bravo takes a stake in threat intelligence provider Intel 471
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Private equity giant Thoma Bravo has taken a stake in Intel 471, a provider of cyber threat intelligence for enterprises and governments. The strategic growth investment, which comes as organizations double-down on cybersecurity amid a pandemic-fueled rise iSpotify playlist curators complain about ongoing abuse that favors bad actors over innocent parties
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A number of Spotify playlist curators are complaining that the streaming music company is not addressing the ongoing issue of playlist abuse, which sees bad actors reporting playlists that have gained a following in order to give their own playlists better viFormer head of Mint raises $4.5M for Lean to give gig workers access to financial products
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Gig and independent workers have different needs when it comes to financial products than salaried employees at a company. It’s a challenge that Tilak Joshi, founder of Lean, became acutely aware of during his tenure as head of Mint and years as a product eTwitter tests a safety feature on web to remove followers without blocking them
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Twitter announced yesterday that it’s testing a feature on the web that makes it possible to remove followers without blocking them. Sometimes, users want to stop a follower from seeing their tweets without outright blocking them — if that followeUK offers cash for CSAM detection tech targeted at e2e encryption
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The UK government is preparing to spend over half a million dollars to encourage the development of detection technologies for child sexual exploitation material (CSAM) that can be bolted on to end-to-end encrypted messaging platforms to scan for the illegalA Chinese EV startup wants to build a ridable robot unicorn for kids
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Never mind buying a robot dog for your kids — you might just get them a mythical creature instead. Chinese EV maker Xpeng has teased a robot unicorn meant for children to ride.TrueFort snares $30M Series B to expand zero trust application security solution
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As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focussing on protecting enterprise applications. Today, the company announced a $30 millioMicrosoft acquires video creation and editing software maker Clipchamp
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Video editing software may become the next big addition to Microsoft’s suite of productivity tools. On Tuesday, Microsoft announced it’s acquiring Clipchamp, a company offering web-based video creation and editing software that allows anyone to puDear Sophie: When can I apply for my US work permit?
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My husband just accepted a job in Silicon Valley. His new employer will be sponsoring him for an E-3 visa. How soon can I apply for my U.S. work permit?TikTok, influencers on the clock
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Alex Wilhelm is on a well-deserved vacation this week, so for the Equity Wednesday deep dive, we took the conversation to Twitter Spaces.We must subsidize and regulate space exploration
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Space can and should be about much more than giving the 1% another Instagrammable moment and increasing the wealth of the billionaires who provide the service.Forerunner is software for NFIMBYs, or no flooding in my backyard
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Mayors have the toughest job in the world, and leading a city is only getting harder. Even as populations swell in urban cores across the world, climate change is constraining the geographies where that growth can happen. Coastal communities which are populaUnitQ raises $30M in Accel-led round to help companies improve product quality
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Product quality is hugely important when it comes to the success of a product. Even if your product seems really cool, if it’s buggy or doesn’t work well, many people will just stop using it rather than taking the time to figure it out or even report a prDJI’s smartphone camera stabilizer gets smaller for the OM 5
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DJI’s camera stabilization tech started life as an outgrowth of its drone tech, and has managed to develop into a robust line of its own. Roughly this time last year, the company announced that its smartphone-focused Osmo line was being rebranded to the simNew leAD Sports & Health, Tavistock Group fund comes as sport tech market poised for double-digit growth
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The new fund comes as the global sports technology market is poised to grow at a compounded annual growth rate of 17.5% to reach $40.2 billion by 2026.Real-time database platform SingleStore raises $80M more, now at a $940M valuation
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Organizations are swimming in data these days, and so solutions to help manage and use that data in more efficient ways will continue to see a lot of attention and business. In the latest development, SingleStore — which provides a platform to enterprisNotion acquires India’s Automate.io in push to accelerate product expansion
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Notion said on Wednesday it has acquired Automate.io, an Indian startup that builds connectivity and integrations with over 200 services, as the workplace productivity startup looks to accelerate its product expansion to become more compelling for tens of milAddi raises $75M to advance ‘buy now, pay later’ in LatAm, nearly triples valuation
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Buy now, pay later is officially everywhere, and Latin America is no exception. Today, one startup in the region, Addi, is announcing a $75 million extension to its Series B, bringing the total round size to $140 million. In late May, the startup announced iGoogle Workspace opens up spaces for all users
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Google is tying everything together with a handbook for navigating hybrid work, which includes best practice blueprints for five common hybrid meetings.Amazon’s cashierless ‘Just Walk Out’ tech is coming to Whole Foods stores
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Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor NVIDIA’s latest tech makes AI voices more expressive and realistic Sony’s ZV-E10 brings interchangeable lenses to its vlogging camera series After lauContinental’s eco-friendly concept tire includes a renewable tread
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Many efforts are underway to reduce the environmental impact of cars, but what about the tires those cars ride on? Continental thinks it might help, with its new Conti GreenConcept tire.Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others
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Over 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved despite mobile penetration exceeding 90%. Traditional banks often overlook this segment because of their spending power or financial status and fintechBeauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business
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The beauty industry is worth some $500 million annually, and the Covid-19 pandemic has led to a sharp rise in the proportion of sales being carried out online. Today, a London-based beauty startup is announcing a major round of funding in hopes of reaping thGaia Capital Partners in Paris rebrands as Revaia, closes first €250M growth fund
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Paris-based VC fund Gaia Capital Partners has change its name to Revaia and announced the final closing of its first growth fund, at €250 million. The firm said it exceeded its initial target of €200 million, and the fund will be ‘ESG focused’. RevaiPayPal acquires Japan’s Paidy for $2.7B to crack the buy-now, pay-later market in Asia
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PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay later (BNPL) service platform, for approximately $2.7billion (300 billion yen), mostly in cash, to enhance its business in Japan. The transaction completionNigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services
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In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to serve the needs ofOwl Ventures and Harvard Management Company back India’s study abroad platform Leap in $55 million round
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Leap, a two-year-old startup with headquarters in San Francisco and Bangalore that is helping students in India find the right college abroad, prepare for entrance tests, and also secure visas and loan, said on Wednesday it has raised $55 million in a new finOwl Ventures and Harvard back India’s study abroad platform Leap in $55 million round
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Leap, a two-year-old startup with headquarters in San Francisco and Bangalore that is helping students in India find the right college, prepare for tests, secure visas and loan, said on Wednesday it has raised $55 million in a new financing round from severaLeap Finance raises $55 million to help Indian students study abroad, plans international expansion
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Hundreds of thousands of teenagers and young adults get on flights each year from India to a foreign land to pursue higher education. Upon landing, they face myriad challenges. One big one: They don’t have a local credit history, so they can’t avail a ranNew IBM Power E1080 server promises dramatic increases in energy efficiency, power
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We know that large data centers running powerful servers use vast amounts of electricity. Anything that can reduce consumption would be a welcome change, especially in a time of climate upheaval. That’s where the new IBM Power E1080 server, which is powIndian fintech Slice launches $27 credit limit cards to tap 200 million users
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Even as there are hundreds of millions of Indians who have bank accounts, only about 30 million of them have credit cards. The adoption rate of the plastic card has largely remained stagnant in the South Asian nation for the last few years. The relatively youE-commerce aggregator Rainforest raises $20M just months after its last funding
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Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million pre-Series A round led by Monk’s Hill Ventures. Other participants included January Capital, Crossbeam Venture Partners, Amasia and LIndonesia-focused Intudo Ventures closes $115M third fund
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Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed. Fund III’s limited partners includeGeely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet
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Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million (RMB 3.8 billion) Series B raise that the company says will help it upgrade its technology and expand its fleet, according to a statement rele
