Facebook is facing new antitrust investigations in Europe. The UK’s Competition and Markets Authority (CMA) and the EU Competition Commission both announced a formal investigation into the social media giant’s activities today – with likely coordinated timing. Competition regulators will look into how Facebook uses data from advertisers and users of its single sign-on tool … Read more
If you didn’t want to spend $ 9.99 a month to see the meme-worthy iCarly reboot, now you don’t have to. On Monday, Paramount + will launch its ad-supported Essential plan at $ 4.99 per month. This lower-cost plan replaces the CBS All Access Plan, which included advertising but also gave access to local CBS … Read more
India could fight with the second wave of the coronavirus, rising unemployment and a dwindling economy, but the South Asian nation’s burgeoning startup ecosystem has never had it better. High profile investors in India have long been aggressively pursuing growth and late stage businesses, and record amounts of capital have flowed into the country. But … Read more
Home Services Market Urban Company announced Wednesday that it has raised $ 255 million in a new round of funding and confirmed a valuation of $ 2.1 billion. The new round of funding – a Series F – was led by Prosus Ventures, Dragoneer and Wellington Management, while Vy Capital, Tiger Global and Steadview participated. … Read more
The COVID-19 pandemic has created many problems around the world, and supply chains are no exception. There are a number of applications that aim to solve workflow challenges across the supply chain. However, real-time access to information from transport companies has so far been difficult for shippers and logistics companies. Enter Project44. The 7-year-old Chicago-based … Read more
Thousands of charging stations for electric vehicles will be built across the country over the next decade. ChargerHelp !, founded in January 2020 by Kameale C. Terry and Evette Ellis, wants to make sure they keep going. Terry came up with the idea for the on-demand EV charging station repair app while working at EV … Read more
Jai Kisan, an Indian startup trying to bring financial services to rural India, where commercial banks have single-digit penetration, said Monday it had raised $ 30 million in a new round of funding to help scale its business. Hundreds of millions of people in India now live in rural areas. Most of them have no … Read more
A venture capitalist once told me frankly that when you see the phrase “democratization” in technical marketing material, consider it a red flag. Democracy in general is often associated with an ironic limitation: it benefits white and male participants disproportionately. Well, you know me well enough to know that I normally wouldn’t start your Saturday … Read more
Schottland zieht langsam aber sicher die Aufmerksamkeit im Startup-Bereich Großbritanniens auf sich. Im Jahr 2020 haben schottische Startups laut Tech Nation zusammen 345 Millionen Pfund gesammelt und mit fast 2.500 Startups die meisten aufstrebenden Tech-Unternehmen außerhalb Londons. Auch die Mittelbeschaffung für Risikokapital nimmt jedes Jahr stetig zu. Die schottische Hauptstadt Edinburgh bietet eine wunderschöne, hügelige … Read more
Wejo, the connected vehicle data startup supported by GM and Palantir, plans to go public through a merger with the special purpose venture acquisition company Virtuoso Acquisition Corp. that contains debt. The deal brings Wejo $ 330 million in proceeds, including a cash stake from Virtuoso of $ 230 million and a private investment in … Read more