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Apple delays plans to roll out CSAM detection in iOS 15 after privacy backlash

5 years 1 month ago
Apple has delayed plans to roll out its child sexual abuse (CSAM) detection technology that it chaotically announced last month, citing feedback from customers and policy groups. That feedback, if you recall, has been largely negative. The Electronic Frontier Foundation said this week it had amassed more than 25,000 signatures from consumers. On top of […]
Zack Whittaker

Zip acquisition of Payflex means Africa is ripe for BNPL disruption

5 years 1 month ago
Australian buy now, pay later (BNPL) company Zip this week acquired South Africa-based BNPL player Payflex for an undisclosed amount. It’s a piece of news that once again highlights the hype around BNPL services and the quest for global dominance among the leading players. This year we have covered BNPL services from the likes of […]
Tage Kene-Okafor

For VCs, the game right now is musical chairs

5 years 1 month ago
In many ways, there has never been a better time to be a venture capitalist. Nearly everyone in the industry is raking in money, either through long-awaited exits or because more capital flooding into the industry has meant more money in management fees  — and sometimes both. Still, a growing number of early-stage investors is […]
Connie Loizos

Firefly launches its first rocket, but loses the launch craft in mid-flight explosion

5 years 1 month ago
Firefly launched its first rocket from Vandenberg Space Force Base in California, and on board it carried a number of payloads with an intended destination of low Earth orbit. The rocket took off as planned, and seemed to be doing fairly well during the initial portion of the launch, before experiencing “an anomaly” that clearly […]
Darrell Etherington

DoorDash workers protest outside CEO Tony Xu’s home demanding better pay, tip transparency and PPE

5 years 1 month ago
California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California superior court judge ruling calling 2020’s Proposition 22 unconstitutional. Prop 22, which was passed last November in California, would allow app-based companies like DoorDash, Uber and Lyft to continue classifying workers as independent contractors rather […]
Rebecca Bellan

Bangkok-based insurtech Sunday banks $45M Series B from investors like Tencent

5 years 1 month ago
Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia & India, Quona Capital, Aflac Ventures and Z Venture Capital. The company says the round was oversubscribed, and that it doubled its revenue growth in 2020. Founded in […]
Catherine Shu

Online learning platform CLASS101 bags $26M Series B to support growth

5 years 1 month ago
Everything is switching from offline to online mode, spurred by the pandemic, and that also has turned around things for the creative economy. Creative professionals continue to look for ways to monetize their talents and knowledge through online education platforms like CLASS101 that bring stable incomes and improve opportunities. CLASS101, a Seoul-based online education platform, […]
Kate Park

FAA grounds Virgin Galactic amidst investigation into July mission

5 years 1 month ago
Remember that story we posted earlier today about Virgin Galactic’s first commercial flight scheduled to launch in September? We may have spoken too soon. This afternoon, the Federal Aviation Administration said it was grounding all Virgin Galactic flights until further notice, pending the results of the investigation into the company’s July 11 crewed flight. “Virgin […]
Aria Alamalhodaei

Roli is rebooting as Luminary, following financial struggles

5 years 1 month ago
I was fascinated by Roli the first time I saw founder/CEO Roland Lamb bending the keys of the Seaboard back at SXSW in 2013. Over the years, the London-based company has continued to offer creative musical solutions, including 2016’s modular Blocks system. Of course, creativity and runaway startup success don’t go hand in hand as […]
Brian Heater

Nikola and Bosch ink deal for hydrogen fuel cell modules

5 years 1 month ago
Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-trucks, the short-haul Nikola Tre and Nikola Two sleeper. “This announcement is the result of a multi-year working relationship with Bosch,” Nikola CEO Mark Russell said […]
Aria Alamalhodaei
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