Tesla is now worth half a trillion dollars
Surging Tesla shares have pushed the company’s market capitalization to more than $515 billion, a fivefold increase since the start of the year.
The traditionally volatile stock has continued to experience price swings. But since reaching a low for the year in March, Tesla’s share price
HMBradley raises $18.25 million planting a flag as LA’s entrant into the challenger bank business
With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition.
LA is home to a growing community of financial services startups, and HMBradley is quickly taking its place among the leaders with a nov
Australia’s spy agencies caught collecting COVID-19 app data
Australia’s intelligence agencies have been caught “incidentally” collecting data from the country’s COVIDSafe contact-tracing app during the first six months of its launch, a government watchdog has found.
The report, published Monday by the Australian government’s in
Proxyclick visitor management system adapts to COVID as employee check-in platform
Proxyclick began life by providing an easy way to manage visitors in your building with an iPad-based check-in system. As the pandemic has taken hold, however, customer requirements have changed, and Proxyclick is changing with them. Today the company announced Proxyclick Flow, a new system designe
Mobile banking app Current raises $131M Series C, tops 2 million members
U.S. challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management. The additional financing brings Current to over $180 million in total funding to date, and gives the company a
F3, a Stories-style Q&A app for Gen Z teens, raises $3.9M
F3, an anonymous Q&A app targeting Gen Z teens which blends a Tinder-style swipe-to-friend gamification mechanic, Stories-esque rich media responses and eye-wateringly expensive subscriptions to unlock a ‘Plus’ version that actually lets you see who wants to friend you — has r
Altana raises $7M to protect supply chains from disruptions, child labor
Supply chains used to be one of those magical elements of capitalism that seemed to be designed by Apple: they just worked. Minus the occasional salmonella outbreak in your vegetable aisle, we could go about our daily consumer lives never really questioning how our fast-fashion clothes, tech gadget
Two-year-old Day One Ventures raises new $52.5M fund to invest in Valley startups
Back in 2018, Day One Ventures launched in Silicon Valley specifically designed to be both a VC and an investor that would also lead marketing and communications for its portfolio. Two years on, Day One has invested in numerous startups to do just that and has today filed with the SEC its new $52.5
Adobe expands customer data platform to include B2B sales
The concept of the customer data platform (CDP) is a relatively new one. Up until now, it has focused primarily on pulling data about an individual consumer from a variety of channels into a super record, where in theory you can serve more meaningful content and deliver more customized experiences
India bans 43 more Chinese apps over cybersecurity concerns
India is not done banning Chinese apps. The world's second-largest internet market, which has banned more than 175 apps with links to the neighboring nation in recent months, said on Tuesday it was banning an additional 43 such apps.
Like with the previous orders, India cited cybersecurity conc
5 top investors in Dutch startups discuss trends, hopes and 2020 opportunities
The Netherlands' ecosystem has been flourishing; more than $85 million was invested in regional startups in 2019 alone. The nation’s proximity to the U.K., Belgium, France and Germany makes Amsterdam a natural gateway to those markets. Long ago the savvy Dutch realized this, and built up
Europe’s data strategy aims to tip the scales away from big tech
Google wants to organize the world’s information but European lawmakers are in a rush to organize the local digital sphere and make Europe “the most data-empowered continent in the world”, internal market commissioner Thierry Breton said today, setting out the thinking behind the
Looking to emulate Venmo, JoomPay preps a Euro launch for easy bill splitting and cash payments
JoomPay, a startup with a similar product to PayPal-owned Venmo in the U.S., is set to launch in Europe shortly after being granted a Luxembourg Electronic Money Institution (EMI) license. The app allows people to send and receive money with anyone, instantly and for free. “Venmo me” has become
New TikTok feature allows users to avoid videos with epileptic seizure triggers
TikTok announced today it is rolling out a new feature that will allow people with photosensitive epilepsy to automatically skip videos that can trigger seizures.
The “Skip All” option will be introduced to all users over the next few weeks and comes a few months after TikTok began auto