Pinterest introduces Idea Pins, which allow creators to make content using video, music, creative editing tools, and more, with up to 20 stories per Pin
Pinterest is expanding further into the creator community with today’s launch of a video-first feature called “Idea Pins,” aimed at creators who want to tell their stories using video, music, creative editing tools and more. The feature feels a lot like Pinterest’s own take on TikTok, mixed with Stories, as the new Pins allow creators […]
IAB: podcast ad revenue in the US grew 19% in 2020 to hit $842M, up from $708M in 2019 and $479M in 2018, and is set to reach $2B by 2023
The world of podcasting has grown exponentially over the last few years and it doesn’t look like it’s slowing down any time soon. The Interactive Advertising Bureau (IAB), which this week has been leading the charge with the podcast upfronts, predicts that podcast ad revenue in the U.S.
Chinese autonomous driving company WeRide says it raised an undisclosed sum to complete its Series C at a $3B+ valuation, four months after its $310M Series B
Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion. This is first time the company has disclosed its value. The company did not share how much it has raised this round, […]
Behind the online battle between notable tech figures including A16Z partners and Balaji Srinivasan, and the journalists who report, and tweet, on the industry
Silicon Valley feels picked on by “woke” journalists “who can’t code.” Reporters feel picked on by petty zillionaires with anger-management problems. Inside the nasty clout battle for how the most important industry in the world gets written about.
SimilarWeb closes down 0.6% in its NYSE debut after raising $165M in its IPO at a valuation of ~$1.6B; its revenue in 2020 was $93.5M with a net loss of $22M
The Israel company, which has developed a platform for understanding online behavior by monitoring traffic on the web and mobile apps, has raised $165 million.
Munich-based parcelLab, which helps retailers send automated personalized shipping messages to their customers, raises $112M Series C led by Insight Partners
Munich-based parcelLab, which offers a final-mile fulfillment service for online retailers, has closed a $112 million (GB£80 million) Series C funding round led by the U.S. VC/PE firm Insight Partners. Germany’s Endeit Capital participated as a co-investor, alongside existing investors Capnamic Ventures and coparion. ParcelLab last raised an undisclosed Series B in October 2019. The […]
NetSPI, which provides penetration testing and vulnerability management services to enterprises, raises $90M; NetSPI expects sales of about $50M in 2021
It's the second large round of outside investment raised by NetSPI, a provider of cybersecurity services and tests for businesses and institutions.
Apple says it has parted ways with recent hire Antonio Garcia-Martinez, an ex-Facebook staffer and author, after employee backlash over sexist writings of his
Some Apple employees were up in arms over the hiring of Antonio García Martínez.
Microsoft is shutting down its Azure Blockchain Service on September 10, six years after initial launch, and no new deployments are being supported as of May 10
Six years after its initial launch, Microsoft's Azure Blockhain as a Service is going to be shut down this September.
Colonial Pipeline says it has restarted operations, after being shut down for five days due to DarkSide's ransomware attack
Colonial Pipeline, operator of the largest U.S. fuel pipeline, said it is restarting operations after being shut down for five days due to a cyberattack.
Biden signs EO to strengthen US cyber defenses, including the development of cybersecurity standards for software companies that sell to the government
The order comes as the administration grapples with cybersecurity crises, including a ransomware strike on a major fuel pipeline that has caused gas shortages.
Elon Musk says Tesla has suspended accepting bitcoin for vehicle purchases, citing concerns about bitcoin mining's use of fossil fuels
Tesla has stopped accepting bitcoin as payment for its cars out of concern that it will contribute to greater consumption of fossil fuels, according to a statement CEO Elon Musk tweeted Wednesday. Tesla had only just started accepting bitcoin in late March.
Facebook's Diem says it has withdrawn its application for a Swiss payment license and will shift its operations to the US via a California state-chartered bank
Diem, the digital currency project backed by Facebook, has abandoned plans to secure a payment license from Switzerland's FINMA watchdog.
Some Apple workers are seeking an investigation into the hiring of Antonio García Martínez, an ex-Facebook PM, for past statements on women and people of color
In the petition, Apple employees expressed concern about the views Antonio García Martínez expressed in his book Chaos Monkeys. Martínez was a former Facebook product manager.
As part of its Q2 earnings, Sonos says a German court granted a preliminary injunction against a Google subsidiary over a patent dispute
Google may have to stop selling its smart speakers, media players and even phones in Germany soon: A Hamburg court recently issued a preliminary injunction against the company in response to a Sonos patent infringement lawsuit.
Review of Asus' new ZenFone 8 flagship, available for $599-$799: thoughtful and compact design, robust build, and great performance, but battery life is average
The ZenFone 8 features a design optimized for one-handed use. It offers a 5.9-inch display with a fast 120Hz refresh rate, top-of-the-line Snapdragon 888 processor, and sturdy build quality with an IP68 waterproof rating. It’s a small phone that doesn’t skimp on features.
Q&A with Unicode Consortium's Jennifer Daniel, the first woman leading the Emoji Subcommittee, on inclusivity, how emoji are perceived globally, and more
As the new head of the Emoji Subcommittee for the Unicode Consortium, Jennifer Daniel has a vision for how to make these symbols work for everyone.
Stampli, which helps companies manage invoices and see how costs are allocated, raises $50M Series C led by Insight Partners and says it has ~1,000 customers
This morning Stampli, a software platform that optimizes corporate invoice management, announced a $50 million Series C financing round, led by Insight Partners with participation from Signal Fire and Nextworld Capital. The company launched in 2015 with the goal of simplifying the process of invoice management. Why is that needed? Services and software are purchased […]
FBI warns that cybercriminals are abusing search ads to promote phishing sites, often targeting banks, a growing trend since at least mid-2020
The Federal Bureau of Investigation says that cybercrime gangs are using search results and search engine ads to lure victims on phishing sites for financial institutions in order to collect their login credentials.
An in-depth look at how a team of fact-checkers at Alt News in India is struggling against misinformation spread by the ruling BJP party on Facebook services
As the pandemic rages in India, these fact-checkers say the prime minister’s brand of misinformation is to blame.
Sources: blockchain-based gaming infrastructure startup Forte raises $185M Series B at a $1B post-money valuation led by Griffin Gaming Partners
Forte's long-term plan is to gradually decentralize its platform.
VMware names COO of products and cloud services Raghu Raghuram as its new CEO, after Pat Gelsinger left to become Intel's CEO in January
The virtualization company has been vetting CEO candidates since the departure of Pat Gelsinger in January.
Researcher details an exploit for Apple's Find My network that allows packets of arbitrary data to be transmitted by simulating a Find My broadcast
The Find My network is used by Apple to report locations of items and devices via the data connection of any nearby iPhone, Mac, or other Apple device. Security researcher Fabian Bräunlein has today released a blog post demonstrating how the Find My network can be exploited as a generic data transfer mechanism. By faking […]
Epic v. Apple is shining a light on Apple's anti-steering rules, which prevent developers from pointing users to better deals on their website or elsewhere
In Epic v. Apple, Judge Yvonne Gonzalez Rogers is discussing a kind of policy change Epic never put on the table — ending anti-steering rules that restrict app developers, keeping them from telling customers when they have payment options outside of Apple’s iOS walled garden.
Profile of Judge Yvonne Gonzalez Rogers, who is presiding over the Epic v. Apple trial and has previously handled several cases involving both companies
Judge Yvonne Gonzalez Rogers has handled several cases involving both companies.
Cloudflare, which is already doing all of its computing on the edge, is uniquely suited to a world where politics matter more than economics
Cloudflare is uniquely positioned to become a major player in an Internet 3.0 world, where politics matter more than economics.
London-based Unmind, which lets employers offer digital mental health services to their staff, raises $47M Series B led by EQT Ventures
Mental health has been put into the spotlight in a big way in recent times. For many of us, our lives and lifestyles have changed massively in the last year, and alongside that, we’re collectively facing pandemic-fueled mortality on a global scale in a way that hasn’t existed for generations, a perfect storm of sorts […]
Big Time Studios, started by ex-CEO of Decentraland, comes out of stealth with $21M to let game studios offer NFTs in their games
Big Time Studios has raised $21 million to bring nonfungble tokens (NFTs) to mainstream game economies, starting with its own game.
Instagram will let users list up to four pronouns on their profiles, viewable to friends or the public, available in a “few countries”
Instagram is allowing users in a few countries to define their pronouns on their profiles. This can be publicly accessible or made only available to people who follow them.
Research: Rumble, a video-sharing site popular with conservatives, is more likely than not to recommend videos with misinfo for “vaccine”, “election” searches
Research shows the emergent video platform can recommend conspiracy theories and other harmful content more often than not.
Snap suspends anonymous Q&A apps Yolo and LMK after lawsuit over teen's death, allegedly due to bullying messages
The mother of Carson Bride, a 16-year-old who died after being bullied over Snapchat apps, filed suit against the tech companies yesterday.
The US cable industry sees Biden's broadband plan as a grave threat because its language favors fiber and prioritizes funding for locally owned networks
The $2 trillion American Jobs Plan, introduced in late March, had a whopping $100 billion for broadband infrastructure baked in — and a promise to give that money first to affordable local networks owned by municipalities and co-ops. Local broadband proponents are preparing for battle against cable giants over President Biden's broadband plan.
Amazon updates the Echo Show 8 and 5 with better cameras, the ability to turn on Alexa's security mode, and adds a $95 Kids Edition of the Echo Show 5
The Echo Show 8 is better for video calls now, with a 13-megapixel camera that can automatically pan to keep you in frame. The smaller Show 5 also has a new camera, but the main news for it is the price drop.
Treasury Prime, which develops APIs to help banks automate routine business processes, raises $20M Series B co-led by Deciens Capital and QED Investors
This morning Treasury Prime, a banking-as-a-service startup that delivers its product via APIs, announced that it has closed a $20 million Series B. The capital comes around a year since the startup announced its Series A, and around 1.5 years since it raised its preceding round. For Treasury Prime, the new capital was an internal […]
Israel-based VisibleRisk, which helps enterprises assess how vulnerable they are to hacking campaigns, raises $25M Series A from Moody's Corp. and Team8 Labs
Cybersecurity analytics startup VisibleRisk secures $25M in fresh funding - SiliconANGLE
Bird agrees to go public via a SPAC, at an implied value of around $2.3B; the deal includes a $160M investment led by Fidelity
The E-scooter company will ride its way to the New York Stock Exchange.
Handshake, a diversity-focused recruitment network aimed at college students, raises $80M Series E at a $1.5B+ valuation co-led by Lightspeed and Spark Capital
Job-hunting for those close to leaving or just out of college is a different ballgame these days than it used to be. Gone (at least for now) are the open job fairs and so-called milk rounds where prospective employers go en masse to tap student bodies for potential new entrant hires. In their place, virtual […]
Instagram and Twitter apologize for deleting pro-Palestine posts, blaming technical errors, but critics say their “discriminatory” algorithms are to blame
Instagram and Twitter have blamed technical errors for deleting posts mentioning the possible eviction of Palestinians from East Jerusalem, but data rights groups fear "discriminatory" algorithms are at work and want greater transparency.
UK-based Lyst, an e-commerce marketplace for high fashion brands and stores to sell directly to users, raises $85M, sources say at a $700M valuation
E-commerce continues to be a huge focus for investors watching consumer behavior and spending patterns in the wake of the Covid-19 pandemic. In the latest development, UK startup Lyst, a portal for high fashion brands and stores to sell directly to users, has picked up $85 million, in what the startup is describing as a […]
SoftBank reports Q4 Vision Fund profit of $37B and Group net profit of $45.88B, due to good stock performance of portfolio companies Coupang and Uber
SoftBank Group Corp (9984.T) on Wednesday reported a record 4.03 trillion yen ($37 billion) Vision Fund unit profit from a fourth-quarter gain on Coupang , putting it among the world's top earning firms a year after an unprecedented loss.
Q&A with law professor and Facebook moderation expert Kate Klonick on the Oversight Board Trump ruling, companies maintaining quasi legal systems, and more
Nilay Patel talks to professor Kate Klonick about what the Oversight Board’s decision to uphold Facebook’s ban of Donald Trump means and whether "oversight boards" would work for other tech giants.
Investigation: an army of fake bots covertly amplify Chinese propaganda on Twitter by retweeting posts from diplomats and state media tens of thousands of times
BRUSSELS (AP) — China’s ruling Communist Party has opened a new front in its long, ambitious war to shape global public opinion: Western social media. Liu Xiaoming, who recently stepped down as China’s ambassador to the United Kingdom, is one of the party’s most successful foot soldiers on this evolving online battlefield...
Amazon wins appeal over $300M EU tax bill, as EU court in Luxembourg annuls a 2017 decision from the European Commission
The tech giant struck a new blow to European Union’s efforts to wring more tax from big tech companies when the bloc’s second-highest court sided with it over a $300 million tax bill.
US agrees to remove Xiaomi from blacklist which could have restricted American investment in the company, following Xiaomi's lawsuit earlier this year
Xiaomi Corp. and the U.S. government have reached an agreement to set aside a Trump administration blacklisting that could have restricted American investment in the Chinese smartphone maker.
Vinted, an online marketplace for used clothes and home goods, raises €250M Series F led by EQT Growth at a €3.5B valuation
The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its own in the last year of lockdown living as a popular and trusted way to buy and sell things. Now one of the larger players in that system — the clothes and home […]
Profile of Robinhood, whose goal of democratizing finance stems from the Occupy Wall Street movement, as critics fear the app will only reinforce the wealth gap
In eliminating barriers to investing in the stock market, is the app democratizing finance or encouraging risky behavior?
Location tracking tax apps like TaxBird, which aim to shield users from audit risks due to residency status, have become popular with the rise of remote work
With remote work more common now, tax apps that track your location have become relevant for professionals who want to work wherever they want to live.
A look at the fight over using differential privacy techniques in the US Census, which anonymizes datasets but some argue lowers the quality of the datasets
The U.S. Census Bureau is undertaking a privacy overhaul. It’s not going well
Researcher discovers a series of vulnerabilities, known as Frag Attacks, impacting Wi-Fi devices from the past 24 years, even when WEP and WPA are activated
A Belgian security researcher has discovered a series of vulnerabilities that impact the WiFi standard, with some bugs dating back as far back as 1997 and affecting devices sold for the past 24 years.
Cycode, which focuses on helping enterprises secure their DevOps pipelines, raises $20M Series A led by Insight Partners, bringing its total raised to $24.6M
Israeli security startup Cycode, which specializes in helping enterprises secure their DevOps pipelines and prevent code tampering, today announced that it has raised a $20 million Series A funding round led by Insight Partners. Seed investor YL Ventures also participated in this round, which brings the total funding in the company to $24.6 million. Cycode’s […]
Arkose Labs, which is developing a service that detects and mitigates online fraud, raises $70M Series C led by SoftBank Vision Fund 2
Arkose Labs, a startup fighting online fraud with AI tools, raised $70 million in a venture capital funding round.