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Google fined $1.49BN in Europe for antitrust violations in search ad brokering
Mar 20, 11:15AM
The European Commission has just announced another antitrust fine for Google . The latest fine — $1.49BN — relates to its search ad brokering business which competition commissioner Margrethe Vestager noted today is “by far” the company’s main source of revenue. “Today’s decision is about how Google abused its domiance to stop website’s using brokers […]
Markforged raises $82 million for its industrial 3D printers
Mar 20, 11:00AM
3D printer manufacturer Markforged has raised another round of funding. Summit Partners is leading the $82 million Series D round with Matrix Partners, Microsoft's Venture Arm, Next47 and Porsche SE also participating. When you think about 3D printers, chances are you're thinking about microwave-sized, plastic-focused 3D printers for hobbyists. Markforged is basically at the other […]
Tandem Bank launches 'Autosavings' account
Mar 20, 9:00AM
Tandem Bank, the U.K. challenger bank, is launching a new savings account powered by its “Autosavings” feature designed to make it easier to save. Paying 0.5 percent interest, the Tandem Autosavings account is effectively a flexible savings bank account built on top of Tandem’s existing bank account aggregation app and the various credit cards it […]
Ahead of third antitrust ruling, Google announces fresh tweaks to Android in Europe
Mar 20, 8:54AM
Google is widely expected to be handed a third antitrust fine in Europe this week, with reports suggesting the European Commission’s decision in its long-running investigation of AdSense could land later today. Right on cue the search giant has PRed another Android product tweak — which it bills as “supporting choice and competition in Europe”. […]
Opera's VPN returns to its Android browser
Mar 20, 8:30AM
Opera had a couple of tumultuous years behind it, but it looks like the Norwegian browser maker (now in the hands of a Chinese consortium) is finding its stride again and refocusing its efforts on its flagship mobile and desktop browsers. Before the sale, Opera offered a useful stand-alone and built-in VPN service. Somehow, the […]
Welcome Pickups lands €3.3M funding to offer 'in-destination' travel services
Mar 20, 8:00AM
Welcome Pickups, an Athens-based startup offering a range of “in-destination” travel services from the point of pickup onwards, has raised €3.3 million in Series A funding. The backing comes from VentureFriends, Market One Capital, Howzat, Jabbar, and Openfund. Also participating is Alejandro Artacho, who founded Spotahome, and John Tsioris, founder of Instashop. Launched in Greece […]
Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costs
Mar 20, 6:47AM
Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December, reported a net loss of 876 million yuan ($127 million) in its first set of quarterly results since going public. The loss, which TME forecasted in its prospectus filed ahead of the IPO, […]
Former Oath CEO Tim Armstrong is exiting Verizon with a payout worth more than $60 million
Mar 20, 6:10AM
Tim Armstrong will leave Verizon Communications with an awards and benefits package worth more than $60 million. The Wall Street Journal calculated the total amount based on a securities filing from last Monday by combining Armstrong's compensation in 2018, severance and a special incentive package he was given by Verizon when it acquired AOL in […]
Doctolib is now a unicorn with new $170 million round
Mar 20, 6:01AM
French startup Doctolib has raised a new round of funding of $170 million (€150 million). The round is led by General Atlantic, with existing investors Accel, Eurazeo, Kernel and Bpifrance also participating. Some German healthcare entrepreneurs are also joining the round — the company isn't detailing the names of those investors. But Doctolib is detailing an […]
Here are the 88 companies that launched at YC's W19 Demo Day 2
Mar 20, 2:43AM
Today was the second half of Y Combinator’s two-day Demo Day for its Winter 2019 class. Over 85 startups pitched on stage yesterday, and another huge batch launched today. Previously held at the Computer History Museum in Mountain View, this YC Demo Day instead took over a massive warehouse in San Francisco. Like yesterday’s pitches, […]
These ad execs have a venture fund they'd like to sell you
Mar 20, 2:13AM
Mike Duda comes from the world of advertising. In fact, he spent 13 years at the renowned ad agency Deutsch, becoming the youngest partner in the company's history until another creative, Brent Vartan, came along and stole the title. Little wonder that in 2010, when Duda struck out on his own to create Bullish (formerly […]
Launching from YC, Eclipse Foods casts a long shadow over the $336 billion dairy industry
Mar 20, 12:50AM
Eclipse Foods may be the company that finally takes milk out of the dairy business. Ever since the acquisition of WhiteWave Foods by the French dairy giant Danone for over $10 billion investors have been thirsting for a technology that would give consumers a better tasting, more milky (for lack of a better word), milk […]
Waymo is gearing up to put a lot more self-driving cars on the road
Mar 19, 11:11PM
Waymo is opening another technical service center in the Phoenix area, an expansion that will allow the autonomous-vehicle technology startup to double its capacity in the area as it prepares to grow its commercial fleet. The new 85,000-square-foot center will be located in Mesa and is expected to open sometime in the second half of […]
Media fragmentation is annoying consumers
Mar 19, 10:24PM
Deloitte’s Technology, Media and Telecommunications division published its 13th-annual Digital Media Trends survey, focused on identifying changes in the ways US consumers engage with various types of media. Led by an independent research firm, the survey had roughly 2,000 consumer respondents across demographics – with the report categorizing respondents based on age (Gen-Z: ages 14-21, […]
Netflix is experimenting with different episode orders for 'Love, Death & Robots'
Mar 19, 10:22PM
You probably know that Netflix is big on data and personalization — it tailors the shows and movies recommended to each user, and even tests different images to promote those titles. Now it’s extending that approach to the episode order of a new show, the animated science fiction series “Love, Death & Robots.” Lukas Thoms, […]
Salesforce finally embedding Quip into platform, starting with Sales and Service Cloud
Mar 19, 10:16PM
When Salesforce bought Quip in 2016 for $750 million, it was fair to wonder what it planned to do with it. While company founder Bret Taylor has moved up the ladder to chief product officer, Quip remained a standalone product. Today that changed when the company announced it was embedding Quip directly into its sales […]
The 9 biggest questions about Google's Stadia game streaming service
Mar 19, 9:27PM
Google's Stadia is an impressive piece of engineering to be sure: Delivering high definition, high framerate, low latency video to devices like tablets and phones is an accomplishment in itself. But the game streaming services faces serious challenges if it wants to compete with the likes of Xbox and PlayStation, or even plain old PCs and smartphones. Here are our 9 biggest questions about the new platform.
Kickstarter CEO Perry Chen steps down
Mar 19, 9:11PM
Kickstarter CEO Perry Chen issued an open letter on the site's blog today, noting that he will be stepping down from his role. The executive served as one of three co-founders for the service, launching the site in 2009, with Yancey Strickler and Charles Adler. He served as CEO for Kickstarter's first five years and […]
Camera maker Insta360 raises $30M as it eyes 2020 IPO
Mar 19, 9:10PM
Insta360, one of the pioneers in making 360-degree cameras, just raised $30 million in a Series C+ funding round from Chinese investors, including Everest Venture Capital, MG Holdings and Huajin Capital. The Shenzhen-based camera maker declined to disclose its latest valuation. It plans to use the fresh proceeds in research and development, marketing and after-sales services […]
Quantum-safe communication over the internet infrastructure? Yeah, that's doable
Mar 19, 9:00PM
We're close to the deployment of a commercial quantum computing system. We need a security scheme that will protect data exchanged between quantum computers on the existing internet infrastructure.
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