Beyond the fanfare and SEC warnings, SPACs are here to stay

The number of SPACs in the deep tech sector was skyrocketing, but a combination of increased SEC scrutiny and market forces over the past few weeks has slowed the pace of new SPAC transactions. The correction is an inevitable step on the path to mainstreaming SPACs as an alternative to IPOs, but it

GM’s Pam Fletcher is coming to TC Sessions: Mobility 2021 to talk about how to build a startup

GM might be best known for the millions of Buick, Cadillac, Chevrolet and GMC-branded vehicles it designs, produces, finances and sells each year. But it also has a burgeoning incubator, where a team of 600 employees are working to develop 20 new businesses with a total addressable market of about

How to make sure your legal team is M&A ready

When it comes to acquiring or merging a business with another, it's imperative that decision-makers know why they're pursuing a deal and its potential impact on the company, good and bad. Mergers and acquisitions (M&A) may indeed be the best route to success, but there's a lot of ro

Facebook launches Neighborhoods, a Nextdoor clone

Facebook is launching a new section of its app designed to connect neighbors and curate neighborhood-level news. The new feature, predictably called Neighborhoods, is available now in Canada and will be rolling out soon for U.S. users to test. As we reported previously, Neighborhoods has technicall

Twitter rolls out improved ‘reply prompts’ to cut down on harmful tweets

A year ago, Twitter began testing a feature that would prompt users to pause and reconsider before they replied to a tweet using “harmful” language — meaning language that was abusive, trolling or otherwise offensive in nature. Today, the company says it’s rolling improved v

Emerging open cloud security framework has backing of Microsoft, Google and IBM

Each of the big cloud platforms has its own methodology for passing on security information to logging and security platforms, leaving it to the vendors to find proprietary ways to translate that into a format that works for their tool. The Cloud Security Notification Framework (CSNF), a new workin

Text Blaze raises $3.3M for its speed-writing automation service

Text Blaze, which was a part of the recent Winter 2021 Y Combinator accelerator batch, announced that it has closed a $3.3 million seed round. The company’s investment was led by Two Sigma Ventures’s Villi Iltchev and Susa Ventures’s Leo Polovets. The company’s product hybri

One CMO’s honest take on the modern chief marketing role

There's no shortage of commentary around the chief marketing officer title these days, and certainly no lack of opinions about the role's responsibilities and meaning within a company. There's a reason for that. CMO is the shortest tenured C-suite role — the average tenure of a CMO is

Tinder to roll out new 48-hour, in-app events called ‘Vibes’

On the heels of strong first-quarter earnings, dating app giant Match announced its plan to introduce a new live event experience to its flagship app, Tinder. Dubbed “Vibes,” the new feature combines aspects from earlier Tinder events, Swipe Surge and Swipe Night, to create a new kind o

Here’s all the biz dev support Startup Alley+ founders get at TC Disrupt 2021

We're looking for motivated early-stage founders who want to take advantage of every possible opportunity to launch their startups to new levels of success. Historically, one of the most effective ways to do that is to exhibit in Startup Alley, at technewss Disrupt. This year at technewss Dis

You can bid for a seat on Blue Origin's first human spaceflight on July 20

Jeff Bezos' Blue Origin is offering up one seat on the inaugural flight of its suborbital rocket New Shepard, set to take place July 20 — but instead of a fixed-price ticket sale, the seat will go to the highest bidder. It'll work like this: From May 5-19, bidders will be able to bid

Peloton stock crashes following recalls, security report

Shares of home-exercise giant Peloton are falling today, off some 13.6% as of the time of writing. This comes after the company announced a recall of its treadmill product, and technewss reported that the company failed to fix a security issue regarding user data. The value of Peloton shares soare

Emergence, known for its enterprise bets, just rounded up nearly $1 billion across two new funds

Emergence, the 18-year-old, San Mateo, California-based venture firm focused on enterprise tech startups, has rounded up nearly a billion dollars in capital commitments across two funds. It closed its sixth early-stage fund with $575 million; the outfit also raised a so-called opportunity fund for

Music mixing marketplace EngineEars raises $1M, with help from Kendrick Lamar

EngineEars today announced a $1 mlion raise. The company's first round of funding features investments from Kendrick Lamar, DJ Mustard, Roddy Rich and Slauson and Co. “Quality of sound is stl important in music,” Lamar said in a quote provided to technewss. “Ali has always been a pro