Kymeta raises $85M led by Bill Gates as it prepares to launch a flat panel antenna for cellular and satellite broadband connections — Bill Gates is boosting his bet on next-generation satellite broadband technology, leading a new $85 million funding round for Kymeta as the Redmond, Wash. …
How the startup Farmers Business Network is trying to disrupt the largely brick-and-mortar $40B US farm supply business, while agri giants refuse to play along — Farmers Business Network faces pressure from big suppliers as it tries to grow its online platform
Profile of cloud database company Snowflake's CEO Frank Slootman, hired sixteen months ago, as he takes his third startup public — - Frank Slootman is preparing to take Snowflake public 13 years after his first tech IPO, Data Domain, and eight years after his second, ServiceNow.
Okta, which provides identity management service for companies, has been a big beneficiary of remote work during lockdown with its stock rising 106% since March — - Businesses, schools tap firm's tools to secure online access — McKinnon stays cautious on outlook as investors seek growth
A look at the rapid growth of TikTok in Southeast Asia, where the app has been downloaded 360M times, up 151% YoY, according to Sensor Tower — SINGAPORE (Reuters) - At 19, Sandy Saputra is big on TikTok Indonesia. Within a year, he's leapt from quiet, small-town life to star influencer status …
Cory Doctorow highlights the conceptual limitations of Shoshana Zuboff's “surveillance capitalism” and details how to dismantle it — The most surprising thing about the rebirth of flat Earthers in the 21st century is just how widespread the evidence against them is.
Slack discloses a now fixed critical RCE flaw in its desktop app; Slack paid $1,750 bug bounty to researcher, which critics say is a paltry sum for such a bug — Slack and its scores of desktop app users just dodged a major bullet. — The communications tool relied upon by journalists …
Construction of a $20B chip manufacturing plant in Wuhan stopped due to lack of funding, the latest example of China's semiconductor efforts failing to take off — Construction on a US$20 billion state-of-the-art semiconductor manufacturing plant in Wuhan has stalled due to a lack of funding It's …
How a law professor became the target of posts on conservative sites, social media harassment, and PR firms hired by gig economy companies, for supporting AB5 — Labor activists are targeted in a social media campaign as gig economy companies spend millions to prevent workers from becoming employees.
Medium says it had 1.2B page views in Q2 and now has “several hundred thousand” paying subscribers, and will start offering custom domains again — Upcoming features and a status update — We've had a busy summer. — Last month, we announced new features coming to our publishing tools …
ReliaQuest, a managed cybersecurity and intelligence services provider, raises $300M led by KKR, says its revenue grew more than 450% in the past three years — ReliaQuest, a company developing a cybersecurity managed service and intelligence platform for global enterprises …
A roundup of trends from YC's S20 Demo Day, which saw plenty of virtual events and edtech startups, and at least seven self-described “Shopify for X” startups — Y Combinator's Summer 2020 batch was the first to be completely virtual from interview to Demo Day.
BlueCity, owner of China's biggest gay dating app Blued, buys Chinese lesbian dating app LESDO, marking the first ever deal within the country's LGBT market — BEIJING (Reuters) - BlueCity BLCT.O, the owner of China's biggest gay men dating app Blued, said on Wednesday it had bought …
UK-based patent translation and IP search services company RWS has agreed to buy SDL, which develops language translation software, for £809M in all-stock deal — Support services group continues expansion with largest UK tech acquisition this year — RWS has agreed to pay £809m …
Viva Republica, the parent company of the popular South Korean p2p payments app Toss, raises $173M at a valuation of $2.6B, bringing its total raised to $530M — Viva Republica, the operator of peer-to-peer payment service Toss, has raised $173 million in a round led by existing investors …
Google is removing apps from Play Store that access the Fediverse, says Fediverse can be used to access servers hosting content with hate speech — A growing number of mobile apps meant to access the Fediverse are being removed from the Google Play Store. According to user reports …
Sources: SoftBank-backed AUTO1, a German online used-car marketplace operating in 30 markets and last valued at $3.8B in 2018, is ramping up for an IPO — - German group ramps up preparations for planned listing — Company was valued at 2.9 billion euros in 2018 fundraising
Inside Asana, whose CEO Dustin Moskovitz rejected Silicon Valley's hard-charging style while building the company, as it prepares for a investor roadshow — Covering venture capital, software and startups … At the San Francisco Museum of Modern Art, upbeat synth music announces the arrival of Dustin Moskovitz.
Pinterest is canceling its 490,000-square-foot lease at San Francisco's unbuilt 88 Bluxome project, citing a shift toward remote work amid the pandemic — Pinterest terminated its massive 490,000-square-foot lease at San Francisco's unbuilt 88 Bluxome project, citing a shift toward more remote work amid the coronavirus pandemic.
Neuralink, Musk's brain-computer interface company, revealed a prototype showing readings from a pig's brain using a coin-shaped device implanted under skull — During a press conference held virtually this afternoon, scientists at Elon Musk's Neuralink gave a progress update.
Internal report: Kenosha Guard Page was flagged at least 455 times before Facebook took it down, with four moderators saying it didn't violate any rules — In a companywide meeting on Thursday, Facebook CEO Mark Zuckerberg said that a militia page advocating for followers to bring weapons …
ProteanTecs, which provides an AI-based service to monitor chip reliability, raises $45M led by Koch Disruptive, bringing the total amount raised to $100M — ProteanTecs, which provides an AI platform to monitor chip reliability, today closed a $45 million funding round.
Facebook says that to add the new paid events feature to its app on iOS, Apple had it remove a message telling users that Apple takes a 30% cut of sales — (Reuters) - Facebook Inc on Thursday told Reuters that Apple Inc rejected its attempt to tell users the iPhone maker would take a 30% cut …
Facebook allows advertisers to target users in mainland China, despite national ban; Facebook says this is intentional, as a “small fraction” can circumvent ban — - Social network has been blocked in mainland China since 2009 — Ad archive shows messages targeting Beijing, Shanghai, Yunnan
Nutanix reported FY 2020 revenue of $1.31B, up 6% YoY, and announced a $750M investment from Bain Capital, as CEO and co-founder Dheeraj Pandey to retire — Nutanix also announced that Bain Capital will purchase $750 million in Convertible Senior Notes to become a leading shareholder in the company.
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