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Pex, a startup aiming to give rightsholders more control over how their content is used and reused online, has raised $57 million in new funding. The round comes from existing investors including Susa Ventures and Illuminate Ventures, as well as Tencent, Tencent Music Entertainment, the CueBall Gro

Founded in late-2014, Salt Lake City-based Zencastr has become a kind of lifeline for many podcasters, as the pandemic pushed formerly in-person podcasts online. The startup is hardly a household name, but the company says it's used by around 6% of all podcasts, based on an estimated 800,000 to

Titan, a startup that is building a retail investment management platform aimed at millennials, has closed on $12.5 million in a Series A round led by VC heavyweight General Catalyst. A bevy of other investors put money in the round, including Sound Ventures (actor Ashton Kutcher and Guy Oseary'

Shared electric moped startup Revel will start offering monthly electric bike subscriptions in New York, the second new business venture the company has announced in the past several weeks. Revel said Tuesday it was expanding its product line — which until the end of January consisted only of sha

SpaceX has launched yet another batch of Starlink satellites – a full complement of 60, the standard size for its current Falcon 9-based Starlink missions. This brings SpaceX’s total to just around 1,000 in active on orbit, taking into account the handful that were experimental or have been

Vikrum Aiyer, the now-former vice president of global public policy and strategic communications at Postmates, penned a memo to his former colleagues and other stakeholders in the gig economy outlining what he thinks needs to happen next in the industry. In his letter, Aiyer says “it would be

The Israeli startup Redefine Meat, which has developed a manufacturing process to make plant-based proteins that more closely resemble choice cuts of beef than the current crop of hamburger-adjacent offerings, has gotten a big vote of confidence from the investment arm of one of Asia’s premie

Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, two sources familiar with the matter told technewss. The salt-to-software giant is buying over 60% stake in BigBasket in a deal that values the Indian startup between $1.8 bil

TikTok is facing a fresh round of regulatory complaints in Europe where consumer protection groups have filed a series of coordinated complaints alleging multiple breaches of EU law. The European Consumer Organisation (BEUC) has lodged with the European Commission and the bloc’s network of co

Most small businesses, which form the backbone of an economy, today don’t have the resources to handle their IT needs. Take restaurants, for example. They have likely outsourced this job to contract IT professionals to reduce expenses. Every time they need to buy a point-of-sale machine, a pr

Update: after this article was published, Palo Alto Networks confirmed the acquisition for $156 million. Our original story is below. The pandemic and the world’s big shift to doing (even) more online has put an unprecedented amount of pressure on cybersecurity. Now, it looks like one of the

Carl Pei, co-founder of OnePlus, knows a thing or two about communities. At the Chinese smartphone maker, Pei fielded product and feature ideas from fans and held frequent gatherings to hear their feedback. At his new venture, Nothing, Pei is going a step further. The London-headquartered firm said

Revent — a new European early-stage (pre-seed to series A) venture capital fund with an “impact” focus — is coming out of the gate today, and is poised to reach its target of a €50 million ($60 million) fund, with the first close of that already completed. Focusing on environmenta

Fronted, the London-based fintech aiming to make life easier for renters, including lending the cash needed for a deposit, has finally launched. In March, its founders took the decision to “hibernate” the nascent business after the first lockdown and with the pandemic taking hold. But,