Month: November 2018

A grand committee of international parliamentarians empty-chaired Mark Zuckerberg at a hearing earlier today, after the Facebook founder snubbed repeat invitations to face questions about malicious, abusive and improper uses of his social media platform — including the democracy-denting impacts of so-called ‘fake news’. The UK’s DCMS committee has been leading the charge to hold Facebook
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Some consolidation is afoot in the world of business software. TechCrunch has learned that Parallels, the virtualization specialist with millions of users, is getting acquired by Corel, the Canadian company behind design apps like CorelDraw and other productivity apps like WordPerfect. Some employees at Parallels have already been briefed on the acquisition, which is expected
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Many AWS customers have to run in multiple zones for many reasons including performance requirements, regulatory issues or fail-over management. Whatever the reason, AWS announced a new tool tonight called Global Accelerators designed to help customers route traffic more easily across multiple regions. Peter DeSantis, VP of global infrastructure and customer support at AWS speaking
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Roughly one year after WhatsApp co-founder Brian Acton made his highly-publicized exit from Facebook, another executive and early employee of the messaging platform is doing the same. Neeraj Arora, WhatsApp’s chief business officer, announced today that he would be “taking some time off to recharge and spend time with family.” Facebook acquired WhatsApp for $19 billion
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After focusing on Asian markets, particularly in Southeast Asia, Bangkok-based Eko Communications is getting ready to take on Slack, Microsoft Teams, and other enterprise messaging apps in Europe. The startup announced today that it has raised a Series B of $20 million and opened offices in London (which will serve as its new commercial headquarters),
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Corvus Insurance, a two-year-old, Boston-based insurance company that uses data across more than 50 criteria to predict and prevent losses for its corporate customers in the food and pharmaceutical industries, has attracted $8 million in funding, shows a newly processed SEC filing that says the capital came from six investors. The company had previously raised
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Facebook founder Mark Zuckerberg may yet regret underestimating a UK parliamentary committee that’s been investigating the democracy-denting impact of online disinformation for the best part of this year — and whose repeat requests for facetime he’s just as repeatedly snubbed. In the latest high gear change, reported in yesterday’s Observer, the committee has used parliamentary powers
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Meet Upflow a French startup that wants to help you deal with your outstanding invoices — the company first started at eFounders. If you’re running a small business, chances are you’re either wasting a ton of time or a ton of money on accounts receivable. Most companies currently manage invoices using Excel spreadsheets, outdated banking
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An unprecedented international grand committee comprised of 22 representatives from seven parliaments will meet in London next week to put questions to Facebook about the online fake news crisis and the social network’s own string of data misuse scandals. But Facebook founder Mark Zuckerberg won’t be providing any answers. The company has repeatedly refused requests
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