I hope this election will change the temperament of our nation and its citizens. I hope it will lead more people to ignore the tactics of both political parties and organizations seeking their attention and support.
Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. But it’s not your average French VC fund, as it’s going to be an evergreen fund focused on building a better world. It sounds ambitious, but Ekeland isn’t just daydreaming — she has a detailed action plan. If you’re not […]
Twitter announced today it’s planning to relaunch its verification system in 2021, and will now begin the process of soliciting public feedback on the new policy ahead of its implementation. Under the policy, Twitter will initially verify six types of accounts, including those belonging to government officials; companies, brands and nonprofit organizations; news; entertainment; sports; […]
Last week, Udemy, an online learning marketplace, raised $50 million at a $3.32 billion valuation, up from a $2 billion valuation earlier this year. Language learning app Duolingo raised $35 million on a $2.4 billion valuation, up from a $1.65 valuation from earlier this year. The valuation bumps for both Duolingo and Udemy underscore just […]
The Securities and Exchange Commission has issued rules that would allow public and private companies to offer equity compensation to gig workers. The rule-making comes just weeks after California voters upheld an initiative that overturned legislation that would have classified gig workers as employees. The initiative replaced employment status with requirements that gig economy companies […]
Building tech startups takes cash — and lots of it. But when you’re talking space startups, you’re talking galactic-level money. Costs blast right through Earth’s exosphere and become, literally, astronomical. If space is your jam, you’re going to need financial help, and you’ll learn where and how to access it at TC Sessions Space 2020 (December […]
Trump’s election denialism saw him retaliate in a way that isn’t just putting the remainder of his presidency in jeopardy, it’s already putting the next administration in harm’s way. In a stunning display of retaliation, Trump fired CISA director Chris Krebs last week after declaring that there was “no evidence that any voting system deleted […]
HuffPost is becoming part of BuzzFeed, but HuffPost India and HuffPost Brasil will not be making the transition — both sites are shutting down today. “Today is @huffpostIndia’s last day,” tweeted the team’s editor in chief Aman Sethi. “Pound for pound, story for story, reporter for reporter, this is the greatest newsroom I have worked […]
Fortnite’s free to play model has no doubt been a big driver in the battle royale title’s stratospheric success. Epic clearly hasn’t had much issue monetizing the game. While revenue slipped last year, it still managed to pull in a massive windfall of $1.8 billion (down from an even more staggering $2.4 billion). The company […]
Surging Tesla shares have pushed the company’s market capitalization to more than $515 billion, a fivefold increase since the start of the year. The traditionally volatile stock has continued to experience price swings. But since reaching a low for the year in March, Tesla’s share price has been on an upward trajectory that accelerated in […]
With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups, and HMBradley is quickly taking its place among the leaders with a novel twist on the banking business. Unlike […]
Australia’s intelligence agencies have been caught “incidentally” collecting data from the country’s COVIDSafe contact tracing app during the first six months of its launch, a government watchdog has found. The report, published Monday by the Australian government’s inspector general for the intelligence community, which oversees the government’s spy and eavesdropping agencies, said the app data […]
Proxyclick began life by providing an easy way to manage visitors in your building with an iPad-based check-in system. As the pandemic has taken hold, however, customer requirements have changed, and Proxyclick is changing with them. Today the company announced Proxyclick Flow, a new system designed to check in employees during the time of COVID. […]
U.S. challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management. The additional financing brings Current to over $180 million in total funding to date, and gives the company a valuation of $750 million. The […]
Time flies. It was nearly a year ago that The Exchange started keeping tabs on startups that managed to reach $100 million in annual recurring revenue, or ARR. Our goal was to determine which unicorns were more than paper horses so we could keep tabs on upcoming IPO targets. We found that Bill.com, Asana, WalkMe […]
F3, an anonymous Q&A app targeting Gen Z teens which blends a Tinder-style swipe-to-friend gamification mechanic, Stories-esque rich media responses and eye-wateringly expensive subscriptions to unlock a ‘Plus’ version that actually lets you see who wants to friend you — has raised a $3.9M seed round, including for a planned push on the US market. […]
Supply chains used to be one of those magical elements of capitalism that seemed to be designed by Apple: they just worked. Minus the occasional salmonella outbreak in your vegetable aisle, we could go about our daily consumer lives never really questioning how our fast-fashion clothes, tech gadgets, and medical supplies actually got to our […]
Back in 2018 Day One Ventures launched in Silicon Valley specifically designed to be both a VC and an investor that would also lead marketing and communications for its portfolio. Two years on, Day One has invested in numerous startups to do just that and has today filed with the SEC its new $52.5M fund. […]
The concept of the customer data platform (CDP) is a relatively new one. Up until now, it has focused primarily on pulling data about an individual consumer from a variety of channels into a super record, where in theory you can serve more meaningful content and deliver more customized experiences based on all this detailed […]
India is not done banning Chinese apps. The world’s second largest internet market, which has banned over 175 apps with links to the neighboring nation in recent months, said on Tuesday it was banning an additional 43 such apps. Like with the previous orders, India cited cybersecurity concerns to block these apps. “This action was […]
