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Nov 19, 7:00AM
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Zego, the London-based startup that appears to have spotted a gaping insurance hole in the so-called gig economy, has raised £6 million in Series A funding. The round was led by Balderton Capital, with participation from existing backers, including LocalGlobe and unnamed angel investors in the insurance sector. The company plans to use the new capital to increase engineering and other…
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Nov 18, 8:00PM
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In recent years, the SEC has had greater success policing wrongdoing due in large part to the implementation of its whistleblower program. But the whistleblowers’ crosshairs are not limited to Wall Street. Individuals are beginning to come forward in a new sphere of the business world, one with its own reputation of a problematic, win-at-all-cost culture: Silicon Valley.
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Nov 18, 7:55PM
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There are very few black and Latinx investors, with only 2 percent of investment team members at VC firms identifying as black and just 1 percent identifying as Latinx, according to the National Venture Capital Association. This is where HBCU.vc comes in. HBCU.vc, a pivot from HBCU to Startup, aims to diversify the white, male-dominated world of venture capital. HBCU.vc’s program works…
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Nov 18, 6:55PM
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We are now walking through a media desert. While access to content is astronomically high, the content that we read is dead, lifeless, and derivative. Yes, I see the irony in posting my criticism of the state of online media on, well, online media, but I want to explore how we got here and what we can do about it. We begin in about 1983. The education necessary to interact with media of that…
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Nov 18, 6:00PM
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The Gillmor Gang — Frank Radice, Esteban Kolsky, Kevin Marks, Denis Pombriant, and Steve Gillmor. Recorded live Sunday, November 12, 2017. G3: Safe Sex — Elisa Camahort Page, Lisa Padilla, Francine Hardaway, and Tina Chase Gillmor. Recorded live Friday, November 10, 2017. @stevegillmor, @fradice, @ekolsky, @DenisPombriant, @kevinmarks Produced and directed by Tina Chase Gillmor…
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Nov 18, 5:43PM
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GoCater is a marketplace with hundreds of catering companies accessible from a single platform. It makes it much easier to organize events in your company. As for caterers, it’s a great way to find clients and optimize your workflows. The startup first started as a spinoff from La Belle Assiette. I’ve covered La Belle Assiette multiple times over the years. and the company is…
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Nov 18, 4:52PM
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Tesla’s Semi is off to a promising start, despite there being no official pricing information available yet: In addition to a Walmart pilot, Canadian grocery giant Loblaw is purchasing 25 of the heavy duty all-electric transport trucks (via Canadian Press), with a $5,000 deposit for each upfront even though pricing is TBD for the vehicle, which is supposed to start shipping in 2019.…
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Nov 18, 4:00AM
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Today’s Stories Apple pushes back on the release of the Homepod Twitter tests a new tweetstorm feature Tesla unveils a new semi truck Walmart will pilot the new Tesla Semis Credits Written by: Sarah Buhr Hosted by: Sarah Buhr Filmed by: Chris Gates Edited by: John Murillo Notes: Tito continues his journey in the Outback this week so you’re with me til Friday. Let’s…
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Nov 17, 11:53PM
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Code2040, founded by Laura Weidman Powers and Tristan Walker, recently raised $5.6 million to advance its diversity and inclusion efforts in technology. The latest funding comes from The Knight Foundation, The Sara and Ev Williams Foundation and others, and brings Code2040’s total funding raised to more than $7 million. Code2040’s Fellows program, which first launched in 2012…
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Nov 17, 9:37PM
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Welcome to the 2017 TechCrunch Holiday Gift Guide! We check out a lot of really cool stuff here at TechCrunch, so we figured we ought to put that experience to good use and help you get your holiday shopping done quickly. It’s time to sit down, bust out the wallet and figure out what the heck you’re getting your parents for Christmas.
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Nov 17, 9:19PM
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Germany’s Federal Network Agency (Bundesnetzagentur) issued a blanket ban on smartwatches aimed at children this week — and asked parents who’d already purchased such a device to destroy them, for good measure. The aggressive move is a response to growing privacy concerns surrounding devices aimed at minors.
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Nov 17, 9:18PM
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SailPoint, the enterprise identity solutions business, went up 9 percent in its debut on the New York Stock Exchange Friday. The company raised $240 million; after pricing its shares at $12, it saw them rise to $13.11 on its first day of trading.
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Nov 17, 9:03PM
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Stitch Fix went up just 1 percent on its first day of trading. After pricing at $15, the company closed at $15.15. It’s also below the opening trade of $16.90. The company didn’t raise as much money as it had been hoping for. It raised $120 million, after pricing at $15, below the expected range of $18 to $20. The company also reduced the size of its IPO from 10 million shares to…
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Nov 17, 7:44PM
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Shasta Ventures is promoting three of its principals to partner. Nikhil Basu Trivedi, Jacob Mullins and Nitin Chopra have all made it to this coveted venture capital milestone. Shasta has about $1.3 billion under management across its five funds. Notable exits include Dollar Shave Club, Nest, Apptio, SteelBrick and Skycure.
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Nov 17, 7:09PM
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Thanksgiving is all about family, friends and gratefulness. The following day, on the other hand, is dedicated to rampant consumerism and generally attempting to not get trampled by a stampede of fellow deal seekers. In honor of making your Thanksgiving weekend slightly less stressful than it has to be, here’s a roundup of some of the best tech deals you’ll find a week from today.
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Nov 17, 7:02PM
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Following consumer outrage over YouTube’s handling of disturbing videos aimed at children on its network, the company has now banned one of the more controversial kid channels it hosted, Toy Freaks. The channel, the 68th largest on YouTube with over 8.5 million subscribers, was often criticized for its vile and seemingly exploitive videos featuring a dad and his daughters, which many…
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Nov 17, 5:26PM
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Danish startup Artland is building a social marketplace for the art world and its key players: Galleries and professional collectors, while also hoping an app-based approach helps onboard a new generation of art buyers.
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Nov 17, 5:19PM
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There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, the Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios. Existing investors Greycroft Partners and Lerer Hippeau Ventures are co-leading today’s founding…
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Nov 17, 4:58PM
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MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when customers commit to a one-year subscription plan. That works out to a flat fee of $89.95…
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Nov 17, 4:34PM
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Walmart says that it intends to be among the first companies to pilot Tesla’s new all-electric Semi heavy-duty truck. The retailer told CNBC that it’s “excited to be among the first” to test the new vehicle, and to see how it might help them achieve “long-term sustainability goals” including decreasing their overall emissions footprint. The retailer will…
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