Mentoring software maker Chronus raises $78M as hybrid workforce and DEI needs drive demand

Mentoring software maker Chronus raises $78M as hybrid workforce and DEI needs drive demand

Seena Mortzavi, CEO of Chronus. (Chronus photo) Chronus, the Bellevue, Washington-based maker of mentoring software, announced on Wednesday a new $ 78 million funding. Chronus offers digital tools that support companies in implementing employee development programs for mentoring and coaching. The strong new investment comes from Level Equity from New York and San Francisco. Demand … Read more

Apple to drive China revenues with search ad launch – TechCrunch

Apple to drive China revenues with search ad launch – TechCrunch

After launching in the US five years ago, Apple’s search engine advertising service finally hit mainland China this week. The feature called Apple Search Ads enables developers to bid on an advertising space based on users’ keyword searches in the App Store, similar to Google search ads. JPMorgan previously estimated that the giant’s annual advertising … Read more

China’s drive to compete against Starlink for the future of orbital internet – TechCrunch

China’s drive to compete against Starlink for the future of orbital internet – TechCrunch

The country is investing heavily in its own satellite constellations in near-earth orbit There was a wave of companies in recent years hoping to offer broadband internet from thousands of satellites in low earth orbit (LEO) that cover most of the earth’s surface. This isn’t the first time we’ve seen excitement in this category. Companies … Read more

Covid-19: More Vaccines Near Approval, but Global Drive Could Remain Stalled

Covid-19: More Vaccines Near Approval, but Global Drive Could Remain Stalled

Here’s what you need to know: Lining up to receive the Sinopharm vaccine in Lahore, Pakistan on Wednesday. Credit…Arif Ali/Agence France-Presse — Getty Images The World Health Organization approved one Chinese-made Covid-19 vaccine and could soon approve another. The Biden administration has backed waiving intellectual property protections for vaccines, which could make it easier for more … Read more

Capital gains tax in Washington state: Is it about fairness and funding, or will it drive away startups?

Capital gains tax in Washington state: Is it about fairness and funding, or will it drive away startups?

The Washington State Capitol building in Olympia. (Flickr photo via Tom Sparks) Technicians, business owners, public order attorneys and individuals have weighed in favor of and against a proposed capital gains tax in Washington state this week. A remote hearing by the House Finance Committee was attended by 3,900 people, 2,380 of whom supported SB … Read more