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The Latest

The UK’s plan to tackle big tech won’t be one-size fits all

The director of a new unit set up this month inside the UK’s competition watchdog — with a dedicated focus on tech giants’ impacts on digital markets — has been giving a hint o

Brazil’s Positive Ventures closes on $10M fund for impact investing

Positive Ventures, a Sao Paulo-based venture firm, has secured $10 million for its latest fund. Positive Ventures has raised the capital from an impressive list of LPs including investor Luis Stuhlber

With Workfront, Adobe combines automated workflow with customer experience

Five months ago, Adobe purchased Workfront for $1.5 billion, a company that helps build marketing department workflows. Today the company is officially announcing how it intends to use it. As marketin

Family tracking app Life360 to acquire wearable location device Jiobit for $37M

Popular family tracking app Life360 is investing in hardware. The company this morning announced the $37 million acquisition of Chicago-based Jiobit, the maker of a wearable location device designed f

Adobe launches a new, simplified digital asset manager

Adobe today announced the launch of a new asset management tool, Adobe Experience Manager Assets Essentials. That’s a mouthful, but while the company didn’t necessarily simplify the name,

Teen banking service Step raises $100M Series C, announces Steph Curry’s investment

Step, the digital banking service aimed at teens and endorsed by TikTok star Charli D’Amelio, announced this morning the close of a $100 million round of Series C funding after growing to over 1

Amazon announces new Fire tablets and kids editions

There’s a bunch of tablet news coming from Amazon this morning. Leading the way is the release of two new 10-inch devices: the Fire HD 10 and Fire HD 10 Plus. The former features a 1080p display

Arm launches its latest chip design for HPC, data centers and the edge

Arm today announced the launch of two new platforms, Arm Neoverse V1 and Neoverse N2, as well as a new mesh interconnect for them. As you can tell from the name, V1 is a completely new product and may

ZenGo raises $20 million for its secure crypto wallet app

ZenGo, a mobile app to manage your cryptocurrencies, has raised a $20 million Series A funding round led by Insight Partners. ZenGo is a non-custodial wallet, which means that the company doesn’t ma

Wingcopter debuts a triple-drop drone to create “logistical highways in the sky”

German startup Wingcopter has launched a new autonomous delivery drone designed to remove a technical bottleneck hindering the growth of drone transport services. The Wingcopter 198, which was reveale

Mobile bank Current raises $220 million Series D, triples valuation to $2.2B

U.S.-based challenger bank Current, which has now grown to nearly 3 million users, announced this morning it has raised a $220 million round of Series D funding, led by new investor Andreessen Horowit

Location data analytics startup Placer.ai raises $50M Series B

It’s been a very tough year for Placer.ai’s core customer segments of retail and commercial real estate, to put it mildly. But the foot traffic and location analytics startup saw growth in new cat

Tellius announces $8M Series A to build ML-fueled business data query tool

Getting actionable business information into the hands of users who need it has always been a challenge. If you have to wait for experts to help you find the answers, chances are you’re going to

Spotify launches paid podcasts through new Anchor feature

Spotify today is officially rolling out paid podcast subscriptions, after first unveiling its new subscription platform at the company’s “Stream On” event in February. Through Spotif

Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

Clio, a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates

Property management startup Guesty raises $50M and acquires competitor Your Porter

Guesty, which has created property management software for hosts on short-term rental platforms like Airbnb and Vrbo, is announcing that it has raised $50 million in Series D funding. “In the pu

DoorDash announces new pricing for restaurants, with commissions as low as 15%

DoorDash is announcing new pricing plans for the restaurants who use the platform for pickups and deliveries. Before this, the company did not offer standardized pricing across restaurants. However, t

TikTok to open a ‘Transparency’ Center in Europe to take content and security questions

TikTok will open a center in Europe where outside experts will be shown information on how it approaches content moderation and recommendation, as well as platform security and user privacy, it announ

Kry closes $312M Series D after use of its telehealth tools grows 100% yoy

Swedish digital health startup Kry, which offers a telehealth service (and software tools) to connect clinicians with patients for remote consultations, last raised just before the pandemic hit in Wes

Wunder Mobility’s new lending business helps micromobility startups finance fleets

Wunder Mobility built its business selling software to shared scooter, e-bike and even short-term car rental startups. Now, it’s banking on a new — and once secret — lending division to brin
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