Daily Crunch: After quarters of explosive growth, a profitable Robinhood files to go public

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 1, 2021. It's Robinood IPO day! That's the headline, really. This afternoon the American consumer fintech compa

Paris court fines Airbnb $9.6 million for illegal listings

A court in Paris has fined Airbnb, the popular marketplace for vacation rentals. According to the court, the tech company has failed to comply with local regulation when it comes to listing your apartment on the platform. Airbnb should pay $9.6 million (€8.08 million) to the city of Paris. This d

TC Early Stage 2021: Marketing & Fundraising kicks off in 1 week

It's only one week left until we get our bootcamp on at TC Early Stage 2021: Marketing & Fundraising. It's your chance to learn everything you need to know about fundraising, growth marketing, brand building, pitch deck development and more. And we've tapped the brightest minds in s

Months later, we’re still making sense of the Supreme Court’s API copyright ruling

APIs, or application programming interfaces, make the digital world go round. Working behind the scenes to define the parameters by which software applications communicate with each other, APIs underpin every kind of app — social media, news and weather, financial, maps, video conferencing, you n

Paper gets $100M worth of venture-backed paper for B2B edtech

For edtech startups, it's always been easier to go direct-to-consumer than it is to sell into school districts. The latter has stodgy and strict sales cycles, while the former has a bit more flexibility when it comes to opening up that wallet. The pandemic added validation to this dynamic by s

Duolingo Director of engineering Karin Tsai talks opinionated development

Karin Tsai joined Duolingo in 2012 and is now the director of engineering. Yesterday, at technewss's City Spotlight: Pittsburgh, she spoke on the company's extensive development process and unique culture.  This interview was pre-recorded and aired a day after the company filed its SEC Fo

As work went remote, companies flocked to a startup dumping CVs for skill tests

As companies scrambled to re-orient themselves last year during the pandemic, one thing was clear: the shift to remote working had come sooner than anyone expected. With this came a fundamental shift in how businesses would have to hire new talent. And the question was, were managers going to labor

Germany’s icon group VC bets $30M to back startups enabling traditional companies to pivot

Icon group is a new $30M VC fund being launched out of Germany’s iconmobile group, a WPP network agency. This means a reorganization of the company from a full-service innovation agency into also offering VC backing. iconmobile has garnered a reputation as an innovative technology, design, an

VividQ, which has raised $15M, says it can turn normal screens into holographic displays

VividQ, a UK-based deeptech startup with technology for rendering holograms on legacy screens, has raised $15 million to develop its technology for next-generation digital displays and devices. And it’s already lining up manufacturing partners in the US, China and Japan to do it. The funding

Daily Crunch: Insecure server exposes Byju's students’ names, phone numbers, emails and more

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for June 30, 2021. It's the last day of the quarter. It's the last day of the first half of the year. It's the halfw

Look out language teachers, a synthetic human could be about to take your job

Hour One, a startup that allows businesses to create 'photoreal' presenters that can speak pre-set any text or any language in a highly realistic manner, has signed a deal with Berlitz. The language learning giant will use the platform to augment its instructor-led services and grow its onl

Amazon betrays its fear with petition to sideline FTC Chair and antitrust hawk Lina Khan

Amazon has petitioned that the newly minted Chair of the FTC and implacable critic of the company, Lina Khan, be recused from decisions relating to the company. The company argues that she has been too outspoken about the failure to regulate Amazon to handle matters impartially. It will be for the

SWORD Health closes on $85 million Series C for virtual MSK care

SWORD Health, a virtual musculoskeletal care platform founded in 2015, announced today that it has raised an $85 million Series C funding round led by General Catalyst. Other participating investors included BOND, Highmark Ventures, BPEA, Khosla Ventures, Founders Fund, Transformation Capital and G

5 reasons why you should attend TC Early Stage 2021: Marketing

It's almost go-time for all you early-stage startup founders. That's right, on July 8-9 thousands of determined entrepreneurs around the world will gather virtually for the best little two-day bootcamp we like to call TC Early Stage 2021: Marketing and Fundraising. Two days focused on the b