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Deliveroo has had another win in the U.K. courts, beating back an appeal by the IWGB union which has sought for years to challenge the gig platform over couriers’ rights but has continued to fail to overturn the company’s classification of riders as self-employed. The latest appeals cou

U.S./Israeli startup Sorbet — which helps companies de-risk themselves against accrued paid time off (PTO) by employees — has raised another $15 million, in a round led By Dovi Frances' Group 11, not long after a $6 million seed round only last April. Sorbet says it removes the burden of PT

Following Wise’s announcement earlier this month that it planned to go public by way of a direct listing on the LSE, today the company made the news formal with a regulatory filing. The London-based company — formerly known as TransferWise and primarily in the business of transferring m

After launching five years ago in the United States, Apple’s search advertising service finally arrived in mainland China this week. The feature, called Apple Search Ads, lets developers bid on an advertising slot based on users’ keyword search in the App Store, similar to how Google se

Industries like real estate, automotive and financial services have long and offline sales cycles and digital advertising tends not to perform well in these areas. The conversion rates are low and because the real-world assets are offline the temptation of advertisers is to buy leads and clicks, wh

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 23, 2021. The value of leading cryptocurrencies has rebounded some in the last day or so. Congrats to the hodlrs out th

I firmly believe that principles as much as products drive a company's success. A startup may have a persuasive brand story and good public relations, but if it's internally inconsistent — if its employees and executives cannot identify its central values — sooner or later there

Cleerly Coronary, a company that uses A.I powered imaging to analyze heart scans, announced a $43 million Series B funding this week. The funding comes at a moment when it seems that a new way of screening for heart disease is on its way.  Cleerly was started in 2017 by James K. Min a cardiologist

This year we're taking exhibiting in Startup Alley, the epicenter of opportunity at every Disrupt, to a whole new level at technewss Disrupt 2021 (September 21-23). Team technewss will tap up to 50 exhibiting founders to take part in Startup Alley+, an exclusive, VIP experience designed to gr

Outschool founder Amir Nathoo has a message to the edtech sector, which recently found itself under a spotlight thanks to the pandemic: Add your voice, and don't try to always appear neutral. The founder of the unicorn business penned a statement, co-signed by other edtech leaders, promoting th

Inspired by this Hunter Walk tweet and the ensuing chatter. technewss recently sat down with Leading Investor from Well Known Firm to chat about their investing theses, the state of today’s venture capital market, and why prices are so high for early-stage startups. We’

It's become increasingly obvious over the last few years, as Vladimir Putin has tightened his grip on his country, that Russian entrepreneurs who want to engage properly with the rest of the world have had to leave their mother country. Gone are the days when a startup in Russia might attract a

In 2019, LinkedIn’s engineering team announced DataHub, a metadata tool it had built to help it organise, search and discover insights from its vast data trove. In 2020, LinkedIn open sourced it. Now, a startup co-founded by one of the creators of DataHub and by a former senior engineer from

Frumtak Ventures, one of the few VCs in Iceland, has raised its third fund, Frumtak III. The $57 million (ISK 7b, €48m) fund will focus on post-seed and Series A startups. The firm says its typical ticket size will range from $1-5 million (€850k-4.2m). Frumtak was a somewhat lesser-known Europe