Friday , July 3 2020

Tech

Instacart raises $100M in new funding from T. Rowe Price, on top of the $225M round co-led by DST Global and General Catalyst last month (Dan Primack/Axios)

Dan Primack / Axios: Instacart raises $100M in new funding from T. Rowe Price, on top of the $225M round co-led by DST Global and General Catalyst last month  —  Grocery delivery company Instacart has raised $100 million in new funding, on top of the $225 million it announced l …

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Taiwan's Foxconn says customs clearing procedures in India have been resolved (Yimou Lee/Reuters)

Yimou Lee / Reuters: Taiwan’s Foxconn says customs clearing procedures in India have been resolved  —  TAIPEI (Reuters) – Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved, as additional scrutiny by the country of imports from China disrupted operations in some foreign firms amid …

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European advertising associations criticize Apple's plans to require apps to seek additional permission before tracking users across other apps and websites (Reuters)

Reuters: European advertising associations criticize Apple’s plans to require apps to seek additional permission before tracking users across other apps and websites  —  (Reuters) – A group of European digital advertising associations on Friday criticized Apple Inc’s (AAPL.O) plans to require apps … Source link

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Mozilla updates Common Voice, its open source transcribed voice collection, to 7226 hours in 54 languages, releases first data set for "Hey Firefox" wake word (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Mozilla updates Common Voice, its open source transcribed voice collection, to 7226 hours in 54 languages, releases first data set for “Hey Firefox” wake word  —  Mozilla today released the latest version of Common Voice, its open source collection of transcribed voice data for startups … …

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Intel Capital to invest $253.5M in Jio Platforms for a 0.39% stake, giving the Indian firm a valuation of $65B (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Intel Capital to invest $253.5M in Jio Platforms for a 0.39% stake, giving the Indian firm a valuation of $65B  —  Intel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have …

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Lemonade, an AI-driven insurance service, closes up 140% in its NYSE debut, reaching a $3.93B market cap, more than double its 2019 valuation from Softbank (Wallace Witkowski/MarketWatch)

Wallace Witkowski / MarketWatch: Lemonade, an AI-driven insurance service, closes up 140% in its NYSE debut, reaching a $3.93B market cap, more than double its 2019 valuation from Softbank  —  Referenced Symbols  —  As the world is buffeted by digital and societal revolutions, Lemonade Inc. is hoping to leverage … …

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Caffeine, which aims to compete with Twitch but focuses on content like rap battles, has raised $113M, led by Fox Corp, Cox Enterprises, and Sanabil Investments (Lucas Shaw/Bloomberg)

Lucas Shaw / Bloomberg: Caffeine, which aims to compete with Twitch but focuses on content like rap battles, has raised $113M, led by Fox Corp, Cox Enterprises, and Sanabil Investments  —  – Fox, Cox Enterprises among investors leading funding round  — Music competitions have helped attract 2 million users Source …

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Streaming TV services' inability to negotiate their way out of the bundle system that has dominated regular cable for years is resulting in higher prices (Chaim Gartenberg/The Verge)

Chaim Gartenberg / The Verge: Streaming TV services’ inability to negotiate their way out of the bundle system that has dominated regular cable for years is resulting in higher prices  —  YouTube TV’s price hike is part of a larger problem  —  YouTube TV announced yesterday that it’d be raising …

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India's Reliance Jio launches JioMeet, a Zoom-like video-conference service, offering unlimited free calls in 720p with up to 100 participants and no time limit (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: India’s Reliance Jio launches JioMeet, a Zoom-like video-conference service, offering unlimited free calls in 720p with up to 100 participants and no time limit  —  India’s Reliance Jio Platforms, which recently concluded a $15.2 billion fundraise run, is ready to enter a new business: Video conferencing. …

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Angry over critical coverage, tech figures discuss hitting back against journalists, on Twitter and invite-only Clubhouse, leading to harassment of NYT's Lorenz (Jason Koebler/VICE)

Jason Koebler / VICE: Angry over critical coverage, tech figures discuss hitting back against journalists, on Twitter and invite-only Clubhouse, leading to harassment of NYT’s Lorenz  —  In leaked audio from an invite-only app, venture capitalists pondered everything they think is wrong with journalism. Source link

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Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger (Jack Shafer/Politico)

Jack Shafer / Politico: Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they’ll be back, and Facebook will emerge stronger  —  Every day, it seems, another major corporation joins the advertiser boycott against Facebook.  First came The North Face, …

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Seattle-based Accolade, a health care platform for employees to manage benefits, raises $220M in its IPO at a $1.2B valuation; stock up ~35% at market close (Elise Reuter/MedCity News)

Elise Reuter / MedCity News: Seattle-based Accolade, a health care platform for employees to manage benefits, raises $220M in its IPO at a $1.2B valuation; stock up ~35% at market close  —  Employee benefits startup Accolade went public on Thursday.  The company began trading at $35 per share, above its …

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Sources: India's additional scrutiny of imports from China is causing delays in operations at plants owned by Foxconn, affecting its clients like Apple and Dell (Aditya Kalra/Reuters)

Aditya Kalra / Reuters: Sources: India’s additional scrutiny of imports from China is causing delays in operations at plants owned by Foxconn, affecting its clients like Apple and Dell  —  Aditya Kalra, Sankalp Phartiyal  —  NEW DELHI (Reuters) – India’s additional scrutiny of imports from China has disrupted operations … …

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OTF staff worry about losing trust globally as the new CEO of its parent agency is pressed to divert funds from open-source tech to obscure, closed-source tech (David Gilbert/VICE)

David Gilbert / VICE: OTF staff worry about losing trust globally as the new CEO of its parent agency is pressed to divert funds from open-source tech to obscure, closed-source tech  —  This U.S. program provides encryption technologies to journalists and activists living under repressive regimes. Source link

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EU is examining whether Google's proposed acquisition of Fitbit will give the company more data to help it entrench its search engine and advertising businesses (Javier Espinoza/Financial Times)

Javier Espinoza / Financial Times: EU is examining whether Google’s proposed acquisition of Fitbit will give the company more data to help it entrench its search engine and advertising businesses  —  Lengthy questionnaires to rivals come as consumer groups warn the deal will extend Google’s data empire Source link

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Microsoft is using ransomware-like tactics to force-feed its new Chromium Edge browser to users through an automatic Windows update (Sean Hollister/The Verge)

Sean Hollister / The Verge: Microsoft is using ransomware-like tactics to force-feed its new Chromium Edge browser to users through an automatic Windows update  —  It undermines Microsoft’s own argument that automatic updates are critical  —  If I told you that my entire computer screen just got taken over by …

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