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Freight technology startup, Forto, which we most recently covered when it raised $50 million late last year, is upping the stakes. It's now raised $240 million in a round led by SoftBank Vision Fund 2 to expand its trade shipments between China and Europe. Forto manages shipping containers from

PlanetScale, the company behind the open-source Vitess database clustering system for MySQL that was first developed at YouTube, today announced that it has raised a $30 million Series B funding round led by Insight Partners, with participation from a16z and SignalFire. With this, the company has n

It’s a big day for Kuaishou, TikTok’s largest rival in China. The Chinese short-video company, known overseas for one of its video apps Kwai, announced it has sailed past the one billion monthly active user (MAU) mark. How big is that? Facebook’s MAUs stood at 2.85 billion as of M

Canadian early-stage venture firm Golden Ventures has raised its fourth fund, a $100 million pool of capital that it will use to invest in between 20 to 25 companies, as well as a $20 million “Opportunities Fund” that it will use to make follow-on investments in standout performers amon

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 22, 2021. We have startup product news, funding rounds and a roster of Big Tech updates for you today. But before we ge

One of the country’s most powerful unions, the International Brotherhood of Teamsters, confirmed today that it plans to make a nationwide push to unionize Amazon warehouse workers and drivers. And it won’t be a gentle one. The news was first reported by Motherboard, which obtained a vid

India's antitrust watchdog has ordered an investigation into allegations that Google has abused the dominant position of Android in the country's smart TV market. The news comes hours after the European Union opened a formal antitrust investigation into allegations that Google abuses its le

In 2017, Paul Hawken published a book (Drawdown) compiling a set of concrete actions people could take to combat climate change. Inspired by this, Seth Bannon, founding partner at Fifty Years, a firm that provides seed funding for companies aiming to make the world a better place, decided to do som

EU antitrust authorities are finally taking a broad and deep look into Google’s adtech stack and role in the online ad market — confirming today that they’ve opened a formal investigation. Google has already been subject to three major EU antitrust enforcements over the past five

The Gillmor Gang recording session is nestled on Friday midday on the East Coast and midmorning out West. Streamed live on Twitter, Facebook Live, and Youtube embed, the show is then edited, sweetened with titles and music, and released on technewss. It’s a kind of hybrid between podcast, Z

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 21, 2021. The tech industry is skipping any sort of a summer slowdown. Facebook is taking on Clubhouse and Spotify, Ind

Collectibles boomed during the pandemic and while NFT outfits like NBA Top Shot exploded as consumers flirted with newer efforts, the sneaker world grew even more mature with enthusiasts digging deeper into communities dedicated to the hobby/passion/obsession/alternative asset class. Vancouver̵

Today, on Juneteenth, we recognize the efforts this nation still needs to put toward addressing structural racism and disparities, including in the world of tech. This week, HBCUvc, a nonprofit that aims to diversify the world of venture capital, launched a million-dollar fund. Founder Hadiyah Mujh

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. Welcome back to the Daily Crunch for Friday, June 18. Congratulations! You've made it to the end of the week without Alexander, who will return bright-eyed on