WhatsApp said on Tuesday it is adding a new shopping feature to its app as the Facebook -owned instant messaging service looks to court more merchants and invite a larger portion of its 2 billion userbase to shop. The instant messaging platform, where business accounts already process messages from more than 175 million people, said […]
Opendoor has opened the door, so to speak, for startups to apply their technical expertise in search, marketplaces and audience segmentation to rethink the very antiquated and analogue world of property. Today, a startup that is doing this in the specific area of distressed property is announcing a round of growth funding to ramp up […]
Engineers at Cloudflare and Apple say they’ve developed a new internet protocol that will shore up one of the biggest holes in internet privacy that many don’t know even exists. Dubbed Oblivious DNS-over-HTTPS, or ODoH for short, the new protocol makes it far more difficult for internet providers to know which websites you visit. But […]
With nearly half a million customers across Mexico already and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a dominant player in Mexico’s emerging fintech industry. And the company has recently raised another $45 million to consolidate its position. “When your […]
Reliance’s Jio Platforms, the largest telecom operator in India, plans to roll out a 5G network in the country in the second half of 2021, top executive Mukesh Ambani announced on Tuesday. “India is today among the best digitally connected nations in the world. In order to maintain this lead, policy steps are needed to […]
The Seattle-based startup Recurrent said today it has closed on $3.5 million in financing as it looks to become the Carfax for electric vehicle batteries. The battery system is arguably the most important part of any electric vehicle and as the market for used electric vehicles expands, independent verification on battery life and range can […]
German e2e encrypted email provider Tutanota has been ordered by a regional court to develop a function that allows it to monitor an individual account. The encrypted email service provider has been fighting a number of such orders in its home country. The ruling, which was reported in the German press late last month, contradicts […]
Nielsen is updating its TV ratings to reflect a world which audiences are watching TV both live and on-demand, across a variety of different streaming services and devices. While the firm has long provided the standard measure for TV audiences, things are more fragmented when it comes to digital viewing. So the upcoming Nielsen One […]
The old saw about finding a place where companies still use spreadsheets, and then building a startup to solve the problem, was a good way to dream up new software as a service (SaaS) companies. But the next generation of that idea may be to instead find a place where data is locked, fragmented or […]
Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two years ago in its last round. Dragos was founded in 2016 to detect and respond to threats facing industrial control systems (ICS), the devices critical to the continued operations of power plants, water and energy supplies, […]
Sebastian Siemiatkowski, the co-founder and CEO of Klarna — the Swedish fintech “buy now, pay later” sensation that is currently Europe’s most valuable private tech company — is dismissive of the suggestion that non U.S. companies should relocate to Silicon Valley if they really want to grow. “We did hear that and I think it’s […]
DealShare, a startup in India that has built an e-commerce platform for middle and lower income groups of consumers, said on Tuesday it has raised $21 million in a new financing round as it looks to expand its footprint in the world’s second largest internet market. WestBridge Capital led the Series C round of the […]
Outfund, the revenue-based finance startup that wants to help online businesses fund growth without giving away equity, has raised £37 million in a “late seed” investment. A mixture of debt and equity, the round is led by Fuel Ventures, alongside TMT Investment and Force over Mass. Outfund says it will use the funds to offer […]
Most people know Wish as a site that sells throwaway doodads from China, but in anticipation of its impending IPO, the ten-year-old, San Francisco-based company has begun portraying itself as a kind of Amazon for the rest of us. Judging by what we’ve read and heard from sources in recent months, Wish wants to paint […]
Lemonade is launching its renters insurance in France. This is the company’s third European launch after the Netherlands and Germany. Originally from the U.S., Lemonade is now a public company with a current market capitalization close to $4 billion. Lemonade will compete directly with a local competitor called Luko. Both companies share a lot of […]
Shippit, a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participation from Jason Lenga. Founded in 2014, Shippit’s technology automates tasks related to order fulfillment, including finding the best carrier for an order, tracking packages and […]
Despite several efforts from carriers, telecom regulators, mobile operating system developers, smartphone makers, and a global pandemic, spam calls continued to pester and scam people around the globe this year — and they only got worse. Users worldwide received 31.3 billion spam calls between January and October this year, up from 26 billion during the […]
Young people have long been a prime, if especially careful, target for financial services companies: find the right and responsible way to connect with them, and you could have a good customer for many years. Today, one of the startups building services specifically for those under 18 is announcing a round of growth funding, money […]
Getsafe, the digital-first insurance startup that initially launched with an app for home contents insurance, has closed $30 million in Series B funding. Swiss Re, the reinsurer giant, led the round. Existing investors, including Earlybird and CommerzVentures, also participated. Getsafe has raised a total of $53 million to date since being founded in May 2015. […]
Another federal judge has issued a preliminary injunction against U.S. government restrictions that would have effectively banned TikTok from operating in the United States. The ruling (embedded below) was made by U.S. District Court Judge Carl Nichols in a lawsuit filed by TikTok and ByteDance against President Donald Trump, Secretary of Commerce Wilbur Ross and […]
