Spotify buying podcast hosting and ad company Megaphone for $235M

Spotify has come under fire of late over questions around musician compensation, but when it comes to podcasting, it has money to burn. This morning, the streaming service confirmed its acquisition of Megaphone for a reported $235 million. Launched by The Slate Group in February 2015 as Panopoly, i

Remote raises $35M to help orgs with global workforce payroll, benefits and more

Remote working has become the norm in many offices around the world this year, as organizations do what they can to help contain the rapid transmission of Covid-19 by reducing in-person interactions between workers. That’s also meant a renewed focus on how companies manage employees who have

Why I left edtech and got into gaming

Now that COVID-19 has accelerated the adoption of digital education tools, edtech has become one of the hottest areas of investment. As someone who has been in edtech for nearly 20 years, this sounds like the precise moment to capitalize on all the newfound interest. Which is why what I'm about

Walmart and Cruise partner to test autonomous grocery delivery in Arizona

U.S. retailer Walmart and autonomous vehicle company Cruise are pairing up to test grocery delivery in Scottsdale, Arizona. Under the pilot program, customers will be able to place an order from their local Walmart store and have it delivered via one of Cruise’s autonomous, electric Chevy Bol

JumpCloud raises $75M Series E as cloud directory service thrives during pandemic

JumpCloud, the cloud directory service that debuted at technewss Disrupt Battlefield in 2013, announced a $75 million Series E today. The round was led by BlackRock with participation from existing investor General Atlantic. The company wasn’t willing to discuss the current valuation, but ha

Uber will now let users book rides 30 days in advance and pick a favorite driver

Uber is rolling out a new feature this week that will let users reserve rides up to 30 days in advance and pick their favorite driver for the trip as the ride-hailing company seeks new ways to attract customers during the COVID-19 pandemic. The new option, called Uber Reserve, which will begin to s

Tailscale raises $12 million for its WireGuard-based corporate VPN

Tailscale has raised a $12 million funding round. Accel is leading the round, with Heavybit and Uncork Capital participating. The company is building a better corporate VPN by leveraging a modern protocol and focusing on ease of implementation. A VPN, or a virtual private network, is an encrypted t

Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa

The African continent is currently one of the fastest-growing regions when it comes to mobile growth, and financial technology companies that are building services to meet that rapidly-expanding market are getting a lot of attention. In the latest development, Kuda, a startup out of Nigeria that op

Qualcomm Ventures invests in four 5G startups

Qualcomm Ventures, Qualcomm’s investment arm, today announced four new strategic investments in 5G-related startups. These companies are private mobe network specialist Celona, mobe network automation platform Cellwize, the edge computing platform Azion and Pensando, another edge computing pl

Europe lays out antitrust case against Amazon’s use of big data

The European Commission has laid out a first set of antitrust charges against Amazon focused on its dual role as a platform for other sellers but also a retailer itself on its own platform — and its cumulative use of third party merchant data to underpin Amazon’s own retail decisions. C

Hopin raises $125M for its online events platform on the back of surging growth

This morning Hopin, a startup that provides online events software, announced that it has closed a $125 million Series B round of capital. The new funds come mere months after Hopin raised a $40 million Series A this summer. According to Hopin CEO Johnny Boufarhat, the new capital was raised at a $

Alphabet’s X partners with Econet Group to roll out Project Taara wireless light-beam broadband in Africa

Alphabet’s X “Moonshot Factory” subsidiary has a lot of cutting-edge projects in development, so it’s always exciting when one of them gets ready for real-world deployment. On Tuesday, X announced that its “Project Taara” high-speed optical wireless broadband end

Renewable power represents almost 90% of total global power capacity added in 2020

""> Bucking the slowdown in most of the power sector caused by responses to the COVID-19 pandemic, renewable energy actually grew in 2020, and will represent about 90% of the total power capacity added for the year, according to the International Energy Agency. A surge in new projects from China and

Patreon and Acast partner for patron-only podcast distribution

Patreon and Acast are teaming up to make it easier for podcasters to publish episodes that are only avaable to the patrons financially supporting them on Patreon. Most paywall solutions for podcasts are pretty clunky or limited. That’s why Acast launched technology last year that allows publi