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 […]

Germany's Federal Cartel Office says it has opened a proceeding against Amazon over antitrust risks and possible anti-competitive practices |
Germany’s Federal Cartel Office (FCO) is seeking to make swift use of a new competition tool to target big tech — announcing today that it’s opened a proceeding against ecommerce giant Amazon. If the FCO confirms that Amazon is of “paramount significance for competition across markets” — as defined by an amendment to the German […]

Back Market, a marketplace for refurbished electronics gadgets, raises $335M Series D led by General Atlantic at a $3.2B valuation |
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. Today’s funding round values the startup — which says it now has 5 million customers globally — at $3.2 billion, the company said. It will be using the funding to […] |

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, […] |

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 […] |

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 […] |

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 […] |

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 […] |

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. |

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 […] |

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 […] |

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 […] |

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... |

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 […]