EU considers single rules for regulating vacation rental platforms

European Union lawmakers are consulting on how to regulate the short-term rental market across the bloc — asking whether a single set of pan-EU rules or something more locally flavored is needed to rule over platforms like Airbnb. The Commission says it wants to support an expansion of compet

Cobalt launches from beta with a $2.8M seed to help creators launch products

As internet creators and influencers grow their followings, it’s not always intuitive what the best way to monetize might be. For some creators, they might find a path to monetization through subscriber-only content and branded posts, but for those with a great idea and an entrepreneurial str

SoftBank sinks $200M into Andela, propels company into unicorn territory

Andela, a fully remote company that helps tech companies build remote engineering teams (initially from Africa but now a global market), is currently valued at $1.5 billion following a $200 million Series E round led by SoftBank's Softbank Vision Fund 2, the $30 billion venture fund of SoftBank

Withings puts its heart-monitoring ScanWatch in the body of a diver's watch

Withings is launching the ScanWatch Horizon, a dolled-up version of its ScanWatch inside the body of a diving watch. Horizon comes in a bigger, 43mm case size, but is otherwise the same device we already think is the best hybrid on the market. That includes the built-in ECG, blood oxygen sensor and

Indian online learning platform Vedantu becomes unicorn with $100 million funding

Online learning platform Vedantu has raised $100 million in a new financing round and has become the latest Indian startup to become a unicorn following a year of strong growth. Vedantu, which last month refuted rumors of it considering a sale to Byju's, said on Wednesday it has raised $100 mil

Lynk demos global satellite connection for ordinary phones and prepares for commercial launch

The days of “no signal” may be behind us with the advent of Lynk’s satellite network that lets any modern phone exchange data directly with a satellite overhead, no special antenna or chip required. The company just demonstrated a two-way data link this week and announced its firs

DroneSeed’s $36M A round makes it a one-stop shop for post-wildfire reforestation

DroneSeed started as a tech-powered alternative to the backbreaking work of large-scale tree planting, but this important task is only one small part of forest restoration, the infrastructure for which is being pushed to the breaking point by wildfires. Armed with $36 million in new funding, the co

Customer success company Totango lands $100M growth investment

Totango, a company that helps SaaS companies track customer engagement to find and fix user flow errors and friction, announced Wednesday that it has raised $100 million in Series D funding, led by Great Hill Partners. Existing investors BGV, Pitango and Canvas also participated in the round, which

Hedvig banks $45M to expand its millennial-focused insurance service in Europe

Mlennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s buding a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, con

Netflix acquires its first games studio, “Oxenfree” developer Night School

"attachment_2209774" aria-describedby="" style="width: 1292px">A screenshot from Night School Studio game “Oxenfree” Night School Studio, the independent game developer known for narrative-driven titles like Oxenfree, announced today it has been acquired by Netflix. This makes it the fir

VC Peter Relan helped launched Discord; now he’s ‘brewing’ two new incubators

Peter Relan is not exactly a household name, but he has seen a lot over the course of his career and enjoyed a fair amount of success. A Stanford grad who logged time at Hewlett-Packard and Oracle before becoming the CTO of the ill-fated, bubble-era company Webvan, Relan has, in more recent years,

Employers are consumer edtech’s next beta test

Remote work may have changed the way we spend our days, but there's quite a sneaky disruptor among us: burnout. As the pandemic drags on, employees are either soul-searching for a bigger purpose or simply exhausted by the uncertainty and stale culture of their current jobs. It's not a small

Daily Crunch: Backdrop app leverages social media to help users find beautiful destinations

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome back to Daily Crunch for September 28, 2021. A big thanks to y’all for the response to yesterday's technewss+ rebrand. It was a real

NBA Top Shot creator on the NFT craze and why Ethereum still isn’t consumer friendly

Roham Gharegozlou has been betting on the potential success of NFTs for years. This year, it happened. Gharegozlou and the team at his startup, Dapper Labs, shipped the blockchain world’s first popular game, CryptoKitties, back in 2017. The startup then launched NBA Top Shot late last year, a