Mercato Partners Just Launched Savory, A $90 Million Fund Focused On Fueling Fast-Casual Restaurant Concepts
Fitbit gains FDA authorization for its low-cost emergency ventilator: Darrell Etherington
Fitbit has secured an Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) for its Fitbit Flow emergency ventilator. The ventilator hardware is low-cost, and doesn’t require very much training or expertise to use, making it a goo…
Nanox, maker of a low-cost scanning service to replace X-rays, expands Series B to $51M: Ingrid Lunden
A lot of the attention in medical technology today has been focused on tools and innovations that might help the world better fight the COVID-19 global health pandemic. Today comes news of another startup that is taking on some funding for a disruptive innova…
Amazon reportedly considering $2 billion stake in Indian telecom operator Bharti Airtel: Manish Singh
Amazon .com may follow its American peer Facebook’s footsteps in securing a slice of India’s booming telecom market. The e-commerce giant is in early-stage talks to buy a stake worth at least $2 billion in Bharti Airtel, the third-largest telecom operator in …
Workshops, pitches and the shortlist of Europe's hottest startups in The Europas Awards: Mike Butcher
Well the votes from the public and the judges are in and we can finally reveal the shortlist for The Europas Awards 2020 to find the hottest European tech startups! The entries were sorted and sifted by journalists to compile an editorially-driven ‘long list’…
Anti-phishing startup Inky raises $20M to ramp up enterprise adoption: Zack Whittaker
Anti-phishing startup Inky has raised $20 million in its Series B round of funding, led by Insight Partners . The funding will help the company push for greater enterprise adoption and expand to international markets including Europe, Asia and Latin America. …
Bryter raises $16M for a no-code platform for non-technical people to build enterprise automation apps: Ingrid Lunden
Automation is the name of the game in enterprise IT at the moment: we now have a plethora of solutions on the market to speed up your workflow, simplify a process, and perform more repetitive tasks without humans getting involved. Now, a startup that is helpi…
Amazon Air adds 12 new aircraft to its cargo fleet, expands its ground operations: Catherine Shu
Amazon announced today it has added 12 new cargo aircraft to Amazon Air, bringing its total fleet to more than 80 aircraft, in part because of increased demand for shipments during the COVID-19 pandemic. The converted Boeing 767-300 were leased from the Air T…
Singapore-based caregiving startup launches Homage Health for online and home medical consultations: Catherine Shu
Homage, the Singapore-based startup that matches families and caregivers, has launched a new service that provides home medical visits, telehealth consultations and medication delivery. Called Homage Health, the service was already being developed before the …
Prosecutors seek arrest warrant against Samsung heir Jay Lee: Rita Liao
South Korean prosecutors said on Thursday that they have filed an arrest warrant for Samsung’s vice chairman and anointed heir Jay Y. Lee and two other former company executives over an alleged accounting fraud and a controversial merger back in 2015. Lee, wh…
SpaceX launches 60 more Starlink satellites and achieves a reusability record for a Falcon 9 booster: Darrell Etherington
SpaceX launched its second Falcon 9 rocket in the span of just four days on Wednesday at 9:25 PM EDT (6:25 PM PDT). This one was carrying 60 more satellites for its Starlink constellation, which will bring the total currently in operation on orbit to 480. The…
Ethena raises $2 million in seed funding for smarter anti-harassment software: Natasha Mascarenhas
Corporate harassment training is often defined by mandatory annual workshops, stock photo-ridden curricula and, often, outdated scenarios. Harvard graduates Roxanne Petraeus and Anne Solmssen think there’s a business in doing better than that. The duo co-foun…
FTC fines kids app developer HyperBeard $150K for use of third-party ad trackers: Sarah Perez
The U.S. Federal Trade Commission (FTC) today announced a settlement of $150,000 with HyperBeard, the developer of a collection of children’s mobile games over violations of U.S. Children’s Online Privacy Protection Act Rule (COPPA Rule). The company’s applic…
OTTO Motors raises $29M to fill factories with autonomous delivery robots: Kirsten Korosec
When Clearpath Robotics CEO and co-founder Matthew Rendall looks at the “miles” of roads inside industrial factories, he sees them filled with autonomous vehicles. And in the past five years, the company has inched toward that goal through its industrial divi…
Mercato Partners just launched Savory, a $90 million fund focused on fueling fast-casual restaurant concepts: Connie Loizos
Mercato Partners, a 13-year-old, Salt Lake City, Utah-based investment firm that oversees a growth fund, a secondary investment fund, and a venture fund, has launched yet another fund — this one a $90 million vehicle that the firm says will be used to invest …
Signal now has built-in face blurring for photos: Devin Coldewey
Apps like Signal are proving invaluable in these days of unrest, and anything we can do to simplify and secure the way we share sensitive information is welcome. To that end Signal has added the ability to blur faces in photos sent via the app, making it easy…
Slack drops 10%+ after its revenue growth, guidance fails to impress: Alex Wilhelm
Today Slack reported its earnings results for the three months ending April 30, 2020, the first quarter of its fiscal 2021. The well-known SaaS chat service posted revenue of $201.7 million, up 50% compared to its year-ago period. Slack also reported an adjus…
VMware acquires network security firm Lastline, said to lay off 40% staff: Zack Whittaker, Frederic Lardinois
VMware is acquiring network security firm Lastline, TechCrunch has learned. Since its launch in 2012, Lastline raised about $52.2 million, according to Crunchbase. Investors include Thomvest Ventures, which led the company’s $28.5 million Series C round in 20…
Kids now spend nearly as much time watching TikTok as YouTube in U.S., U.K. and Spain: Sarah Perez
A new study on kids’ app usage and habits indicates a major threat to YouTube’s dominance, as kids now split their time between Google’s online video platform and other apps, like TikTok, Netflix, and mobile games like Roblox. Kids ages 4 to 15 now spend an a…
New York City’s Wi-Fi kiosks memorialize the dead, amid citywide protests: Brian Heater
Since late-2015, LinkNYC kiosks have become a mainstay among New York’s sidewalks. A more modern replacement for decaying and disused public pay phones, the nine-foot-tall towers provide corners with access to public Wi-Fi, USB charging and access to emergenc…
Facebook adds labels identifying state-controlled media: Devin Coldewey
Facebook will soon add labels to news outlets owned or otherwise controlled by a government, marking that information as, if not necessarily false or unreliable, at least worth considering the origin of. Those so labeled will also be banned from buying ads st…
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