Month: December 2018

Facebook users might have already moved on to the company’s next notable outrage, but the company is still answering for its privacy missteps from earlier this year. Washington D.C. Attorney General Karl Racine filed a lawsuit against Facebook on Wednesday, alleging that the company has not fulfilled its responsibility to protect user data. Racine’s office
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Adtech cybersecurity company Devcon announced today that it has raised $4.5 million in seed funding. Over the past couple of years, ad fraud has become a bigger concern in the industry, but Devcon co-founder and CEO Maggie Louie said most existing solutions focus on things like verifying ad quality and confirming that impressions aren’t coming
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PetaGene, the Cambridge, U.K.-based genomics data compression startup, has raised $2.1 million in further funding. Leading the round is U.S. venture firm Romulus Capital, with participation from other unnamed investors Silicon Valley and London. It brings total funding to $3.2 million. Previous investor Entrepreneur First, the company builder backed by Greylock Partners, also followed on.
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Sprout Social, a social media monitoring, marketing and analytics service with 25,000 business customers that helps these organizations manage their public profiles and interact with customers across Twitter, Facebook, Instagram, LinkedIn, Pinterest and Google+ (soon to RIP), has raised $40.5 million in funding in order expand its business internationally and add more functionality to its
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Uber has lost another appeal against a landmark 2016 UK employment tribunal ruling that found a group of drivers to be workers, rather than self-employed, meaning they’re entitled to benefits such as holiday pay and the National Minimum Wage. The court of appeal today upheld previous decisions classifying the drivers as workers. Although the ruling
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The latest revelations about Facebook’s handling of user data — an investigation by the New York Timesfound that Facebook had been providing special data access to large companies like Amazon, Microsoft, Spotify and others — has landed the social network once more in hot water in Europe, and specifically the United Kingdom. Today, Damian Collins MP, Chair
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Price f(x), a startup that offers cloud-based pricing software, has raised €25 million in Series B funding. Leading the round is European B2B technology growth investor Digital + Partners, and consulting firm Bain & Company. Prague-based Credo Ventures and London-based Talis Capital, which both backed Price f(x) at Series A, have also participated in this
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As Facebook colonized the rest of the web with its functionality in hopes of fueling user growth, it built aggressive integrations with partners that are coming under newfound scrutiny through a deeply reported New York Times investigation. Some of what Facebook did was sloppy or unsettling, including forgetting to shut down APIs when it cancelled its
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SoftBank Corp’s initial public offering today started with a bang before trailing off into a whimper, with the stock falling 14.5 percent during its first day of trading on the Tokyo Stock Exchange. The company is the mobile unit of conglomerate SoftBank Group, whose holdings also include Sprint and the $100 billion Vision Fund. Shares
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Uber has been granted permission by the state of Pennsylvania to reinstate tests of its autonomous vehicles, as first reported by Reuters. A spokesperson for Uber confirmed to TechCrunch that the ride-hailing giant received a letter of authorization from the Pennsylvania Department of Transportation and clarified that the company has not yet resumed self-driving operations. Uber
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Rothy’s, a three-year-old, San Francisco-based company that makes a variety of colorful flats for women, has some more walking-around money today. According to Bloomberg, the company just closed on $35 million in funding from Goldman Sachs’ asset management unit. The round brings the young company’s total funding to $42 million, including an early $5 million
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Mobile licensing changes made by Google this fall, when it tweaked terms for OEMs wanting to license its Android smartphone platform on devices destined for the European market, don’t appear to be offering succour to search rivals — despite being triggered by an antitrust ruling intended to reset the competitive playing field. The European Commission
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If you’re reading this the year it was written, you’re almost certainly not getting it over 5G. If you’re reading this in the future, congrats, you made it. And hey, remember polar bears? 5G is the latest buzzword to send the mobile industry into a tizzy. This one’s got a particular weight to it, too,
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Years ago, Google’s Street View program expanded from streets to virtually everywhere, thanks to Google’s Trekker program that put 360-degree Street View cameras into a single backpack. Today, Google announced its upgraded Trekker backpack, which is significantly smaller and lighter than before. The old one weighed in at about 44 pounds. It’s not just a
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Our distinct skillsets and shortcomings mean people and robots will join forces for the next few decades. Robots are tireless, efficient, and reliable, but in a millisecond through intuition and situational awareness, humans can make decisions machine can’t. Until workplace robots are truly autonomous and don’t require any human thinking, we’ll need software to supervise them
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I’m pleased to announce that I’ll be seeing you Varsovians tomorrow night at our pre-holiday meet-up. The Warsaw event, here, is on the 19th at WeWork in Warsaw. I’ve already chosen folks to pitch, but please come and support your fellow start-uppers. Special thanks to WeWork Labs in Warsaw for supplying some beer and pizza for
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