China’s internet regulator takes aim at forced data collection

China is a step closer to cracking down on unscrupulous data collection by app developers. This week, the country’s cybersecurity watchdog began seeking comment on the range of user information that apps from instant messengers to ride-hailing services are allowed to collect. The move follows

YC-backed LemonBox raises $2.5M bringing vitamins to Chinese millennials

Like many overseas Chinese, Derek Weng gets shopping requests from his family and friends whenever he returns to China. Some of the most wanted imported products are maternity items, cosmetics and vitamin supplements. Many in China still uphold the belief that “imported products are better.&#

Health tech venture firm OTV closes new $170 million fund and expands into Asia

OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China to spearhead its growth in the Asia Pacific region. OTV currently has a

WH’s AI EO is BS

An executive order was just issued from the White House regarding “the Use of Trustworthy Artificial Intelligence in Government.” Leaving aside the meritless presumption of the government’s own trustworthiness and that it is the software that has trust issues, the order is almost

Daily Crunch: Google fires co-lead of its Ethical AI team

Google fires a leading researcher, Stripe launches a new banking service and WarnerMedia shakes up the theatrical business model. This is your Daily Crunch for December 3, 2020. The big story: Google fires co-lead of its Ethical AI team Timnit Gebru, a leading researcher in the fiel

Gift Guide: Games on every platform to get you through the long, COVID winter

Welcome to technewss’s 2020 Holiday Gift Guide! Need help with gift ideas? We’re here to help! We’ll be rolling out gift guides from now through the end of December. You can find our other guides right here. It’s a great time to be a gamer — I mean, what else is there to

Henry picks up cash to be a Lambda School for Latin America

Latin America's startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Now that the spotlight has arrived, those same startups need more talent than ever before to meet demand. That's where one seed-stage

Fantasy startup Esports One raises $4M more

Esports One, a startup bringing the fantasy approach to esports, is announcing that it has raised an additional $4 million in funding. When I first wrote about Esports One in April, co-founder and COO Sharon Winter described it as the first “all-in-one fantasy platform” in the esports w

This is a good time to start a proptech company

Like many things in life, building great businesses is all about timing. We've seen multibillion dollar failures from the dot-com era such as Pets.com and Webvan be reincarnated a decade later as Chewy and Instacart — this time as runaway successes. The same could be said about real estat

Developers can now enroll in Apple’s ‘Small Business Program’ for reduced App Store fees

Just a few weeks back, we learned that Apple would be launching an “App Store Small Business Program” that would reduce its fees from 30% to 15% for developers earning less than $1 million per year from the App Store. That program is starting to roll out now, with Apple opening up the e

Stripe announces embedded business banking service Stripe Treasury

Fintech startup Stripe has announced an ambitious new product today called Stripe Treasury. The company is partnering with banks to offer a banking-as-a-service API. In other words, Stripe clients will be able to provide bank accounts to their customers — the service is invite-only for now. This

Two key UK military nonprofits join forces to boost veteran training in cyber and tech

Advancements in the tech and the cyber threat landscape are creating vast job opportunities. The global cybersecurity market is projected to reach £210 billion by 2026. But in the U.K., out of 952,000 working-age (16-64) U.K. military veterans and 15,000 service leavers a year, only 4% of them are

Twitter finally shuts down its abandoned prototype app twttr

Twitter is shutting down its experimental app twttr, which the company had used publicly to prototype new features back in 2019. The app was first introduced at the Consumer Electronics Show in January 2019, then launched to testers that March. Its primary focus had been on trying out new designs f

Boost ROI with intent data and personalized multichannel marketing campaigns

Coronavirus is causing large and small businesses to drastically cut marketing budgets. In Forrester's self-described “most optimistic scenario,” the analysts project a 28% drop in U.S. marketing spend by the end of 2021. Even Google is cutting its marketing budget in half. As marketers mov