Month: October 2018

Facebook has removed 82 pages, groups and accounts for “coordinated inauthentic behavior” that originated out of Iran. The social networking giant discovered the “inauthentic behavior” late last week, according to a blog post by the company’s cybersecurity policy chief Nathaniel Gleicher. He said the operation relied on posing as U.S. and U.K. citizens, and “posted about politically charged
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Blockchain startup Blockchain shared its roadmap for the coming months. The company is launching a hardware wallet in partnership with Ledger. Blockchain is also launching a new trading platform called Swap — this platform will find the best trading prices across a variety of exchanges and liquidity pools so that you can exchange tokens at
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Innovusion, a two-year-old startup developing LiDAR sensor technology for autonomous vehicles, has raised $30 million in a Series A funding round co-led by Chinese firms Nio Capital and Eight Roads Ventures along with U.S.-based F-Prime Capital. Other seed round and strategic investors joined the round, the startup said. Nio Capital is the venture arm of
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Most students in the U.S. have used or at least heard of Quizlet, the website for creating digital flashcards. The company leverages machine learning to predict in which areas its users need the most help and provides 300 million user-generated study decks, maps, charts and other tools for learning. Roughly eight months after closing a
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NBA legend Michael Jordan is playing the esports game now, leading a $26 million round of funding for the ownership group aXiomatic. For Jordan and new co-investor Declaration Capital — the family office investing the personal wealth of David Rubenstein, who co-founded and serves as co-executive chairman of the multi-billion-dollar private equity firm, The Carlyle Group — investing in
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The dev team that’s now engineering the Fleksy keyboard app has raised more than $800,000 via an equity crowdfunding route. As we reported a year ago, the development of Fleksy’s keyboard has been taken over by the Barcelona-based startup behind an earlier keyboard app called ThingThing. The team says their new funding raise — described
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Dropbox has been building out Paper, its document-driven collaboration tool since it was first announced in 2015, slowly but surely layering on more functionality. Today, it added a timeline feature, pushing beyond collaboration into a light-weight project planning tool. Dropbox has been hearing that customers really need a way to plan with Paper that was lacking.
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The Daily Crunch is TechCrunch’s roundup of our biggest and important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Tesla earns its first profit in two years Tesla reported a profit in the third quarter, reversing seven consecutive quarters of losses.
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Founders Fund has led the $6 million Series A for Summersalt, an early-stage e-commerce startup embracing the next-gen consumer’s penchant for inclusivity and affordability. Headquartered in St. Louis, the 1-year old company sells swimsuits designed in-house with eco-friendly fabrics directly to consumers. Like other D2C brands, Summersalt cuts out the middlemen to give its customers
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Tado, the smart thermostat and AC control maker, has raised a further $50 million in funding from an array of noteworthy and strategic investors. Backing the Munich-headquartered company this time around is Amazon, E.ON, Total Energy Ventures, Energy Innovation Capital, and the European Investment Bank. It brings total funding to $102 million since being founded
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Facebook wants to make YouTube-style monologue videos the new way for politicians to talk straight with their constituency. Today, Facebook launches Candidate Info, featuring thousands of direct-to-camera vertical videos where federal, state, and local candidates introduce themselves and explain their top policy priority, qualifications, and biggest goal if they win office. Congress members including Elizabeth
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