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Astroscreen raises $1M to detect social media manipulation with machine learning
Apr 18, 11:35AM
In an era of social media manipulation and disinformation, we could sure use some help from innovative entrepreneurs. Social networks are now critical to how the public consumes and shares the news. But these networks were never built for an informed debate about the news. They were built to reward virality. That means they are […]
Marketing platform startup Adverity raises $12.4M in round led by Felix Capital
Apr 18, 9:48AM
Marketers get a lot of incoming from the data they have to deal with, bound up in hundreds of spreadsheets and reports, making it time consuming and tricky to get value out of. Tech companies like Datorama and Funnel.io have appeared to try and lighten this load. Adverity is a data intelligence platform also playing […]
Weengs, the UK logistics startup for online retailers, collects £6.5M Series A
Apr 18, 9:00AM
Weengs, the U.K. logistics startup for e-commerce businesses that need a more convenient way of getting online orders to customers, has raised £6.5 million in Series A funding. Leading the round is venture capital firm Oxford Capital, with Weeng's seed investors, including Local Globe, Cherry Ventures and VentureFriends, following on. Founded by Alex Christodolou and […]
Amazon China to close local marketplace and place more focus on cross-border
Apr 18, 8:52AM
Amazon has finally given up the fight with Chinese online shopping giants to capture the domestic market. On Thursday, the Seattle-based ecommerce company announced it will shut down its marketplace on Amazon.cn, which connects mainland Chinese buyers and sellers, while other units of its local venture will stay intact. “We are working closely with our […]
Bankin' raises $22.6 million for its financial coach
Apr 18, 8:35AM
French startup Bankin' is raising a new $22.6 million funding round (€20 million). The company has managed to attract 2.9 million users in France and wants to become the only app you need to manage your money. Overall, Bankin' has raised over $32 million (€28.4 million). Investors include Omnes Capital, Commerz Ventures, Génération New Tech, […]
Phantom Auto raises $13.5M to expand remote driving business to delivery bots and forklifts
Apr 18, 7:01AM
Remote driving startup Phantom Auto has raised $13.5 million of financing in a Series A round led by Bessemer Venture Partners — capital used to expand a logistics business targeting sidewalks, warehouses and cargo yards, all the places where autonomy and teleoperation are being deployed today. The startup, founded in 2017, has raised about $19 […]
Spotinst, the startup enabling companies to purchase and manage excess cloud capacity, acquires StratCloud
Apr 18, 7:00AM
Spotinst, the cloud automation and optimization startup founded in Tel Aviv but now with offices in San Francisco, New York, and London too, has acquired AWS partner StratCloud. Terms of the deal remain undisclosed, although I’m hearing it combines both cash and stock and was somewhere in the region of $5 million. As part of […]
Congress readies for Mueller report to be delivered on CDs
Apr 18, 5:48AM
If there weren’t enough obstacles already standing between Congress and the results of the special counsel’s multiyear investigation, lawmakers are expecting to need an optical drive to read the document. A Justice Department official told the Associated Press that a CD containing the Mueller report would be delivered to Congress tomorrow between 11 and noon […]
Starbucks challenger Luckin's fundraising spree continues with $150M investment
Apr 18, 4:41AM
Coffee startup Luckin is continuing its fundraising spree as it sets its sight on becoming an alternative to Starbucks in China. The a-year-and-a-half old company announced on Thursday that it closed a Series B-plus raise totaling $150 million. The fresh proceeds valued Luckin at $2.9 billion post-money, up from $2.2 billion just four months ago. […]
Samsung responds to reviewer complaints about its Galaxy Fold phone
Apr 18, 4:38AM
Samsung has issued a statement about its new, folding phone as early photos of tech reviewers with their shiny new toys were replaced on social media (and in numerous columns) with complaints from those same tech reviewers about problems with the phone’s screen. Apparently a number of reviewers either mistakenly destroyed their phone screens or […]
Consumers get another digital home health offering as Tyto Care and Best Buy launch TytoHome
Apr 18, 3:48AM
Best Buy is partnering with the Israeli technology Tyto Care to become the official retailer for the company’s all-in-one digital diagnostics kit through its physical stores in California, the Dakotas, Ohio and Minnesota and through its online store. Tyto previously sold its technology through healthcare plans, making its handheld examination device with attachments that act […]
PathAI raises $60 million for its computer vision-based pathogen detection technology
Apr 18, 1:26AM
With a clinical version of PathAI‘s computer vision-based pathogen detection service still at least one year from coming to market, the diagnostic technology developer has snagged $60 million in its latest round of financing. The company’s tech is used by doctors to analyze cell samples taken from patients to determine the presence or absence of […]
100 Car2go Mercedes hijacked in Chicago crime spree
Apr 18, 1:05AM
Car2go, free-floating car-sharing service owned by Daimler, temporarily shut down its service in Chicago on Wednesday after dozens of Mercedes-Benz vehicles were stolen using the app. The Chicago Police Department was alerted by Car2Go that some of their vehicles may have been rented by deceptive or fraudulent means through a mobile app, a spokesperson wrote in […]
Pinterest prices IPO above range
Apr 18, 12:06AM
Pinterest will begin trading on the NYSE tomorrow.
Co-Star raises $5 million to bring its astrology app to Android
Apr 17, 10:53PM
Nothing scales like a horoscope. If you haven’t heard of Co-Star, you might just be in the wrong circles. In some social scenes it’s pretty much ubiquitous. Wherever conversations regularly kick off by comparing astrological charts, it’s useful to have that info at hand. The trend is so notable that the app even got a […]
Kids on 45th just raised millions in seed funding to sell lightly used kids clothes — sight unseen
Apr 17, 10:37PM
A seemingly endless number of startups has attracted funding in recent years to make life easier for people with money to spend. They’re sold nice clothes, chic shoes, cool office space, on-demand car services, on-demand laundry services, on-demand cleaning services, anti-aging therapies. It goes on and on. Overlooked in the process is the overwhelming majority […]
Notes from the Samsung Galaxy Fold: day two
Apr 17, 10:20PM
I've not had any technical issues with my Samsung Galaxy Fold. So far, so good. A day or so in does, however, tend to be the time when the harsh light of day starts to seep in on these things.
Chipotle customers are saying their accounts have been hacked
Apr 17, 9:53PM
A stream of Chipotle customers have said their accounts have been hacked and are reporting fraudulent orders charged to their credit cards — sometimes totaling hundreds of dollars. Customers have posted on several Reddit threads complaining of account breaches and many more have tweeted at @ChipotleTweets to alert the fast food giant of the problem. […]
Salesforce is buying MapAnything, a startup that raised over $84 million
Apr 17, 9:37PM
Salesforce announced today it’s buying another company built on its platform. This time it’s MapAnything, which, as the name implies, helps companies build location-based workflows, something that could come in handy for sales or service calls. The companies did not reveal the selling price, and Salesforce didn’t have anything to add beyond a brief press […]
Zoom, the profitable tech unicorn, prices IPO above range
Apr 17, 9:27PM
The video conferencing business will go public on the Nasdaq tomorrow, the same day as fellow tech unicorn Pinterest.
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