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On the same day that Deliveroo’s IPO fizzled at the start of trading, Compass announced via a fresh S-1 filing that it will reduce the number of shares in its impending flotation and sell them at a lower price. The move by Compass, a venture-backed residential brokerage, to lower its implied

The last year wasn’t an easy one for just about anybody, but a new report from Project Include shows that the shift to remote work affected some groups more negatively than others. Unsurprisingly, it was people already struggling against harassment and bias, particularly women of color and th

As the world changes rapidly, so too do the most traditional of industries. That includes property tech and insurtech. Luckily for us, two of the top minds in those spaces are joining us on an upcoming episode of Extra Crunch Live. On April 21 at noon PT/3pm ET, Fifth Wall’s Brendan Wallace a

It seems safe to say that our honeymoon with Big Tech is officially over. After years of questionable data-handling procedures, arbitrary content management policies and outright anti-competitive practices, it is only fair that we take a moment to rethink our relationship with the industry.

Independent music distribution platform and tool factory UnitedMasters has raised a $50 million series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongside this investment.  If you're unfamil

Google tries out new ad targeting technology, PayPal adds cryptocurrency support and Substack raises additional funding. This is your Daily Crunch for March 30, 2021. The big story: Google starts testing its cookie alternative Google announced today that it has begun rolling out a n

This afternoon Substack, a paid-newsletter startup, confirmed that it has raised $65 million, as initially reported by Axios. technewss dug into the math behind the financing here. As anticipated, a16z led the new financing. What’s in store from the now Series B-backed company? Product work.

Arm today announced Armv9, the next generation of its chip architecture. Its predecessor, Armv8, launched a decade ago and while it has seen its fair share of changes and updates, the new architecture brings a number of major updates to the platform that warrant a shift in version numbers. Unsurpri

Google today announced that it is rolling out Federated Learning of Cohorts (FLoC), a crucial part of its Privacy Sandbox project for Chrome, as a developer origin trial. FLoC is meant to be an alternative to the kind of cookies that advertising technology companies use today to track you across th

Vote counting begins today in the historic effort to unionize Amazon's Bessemer, Alabama fulfillment center. The warehouse — which opened exactly a year ago to meet ramping up demand as COVID-19 bore down on the U.S. — has become ground zero for one of the most important labor effor

UPDATE: Per the Wall Street Journal, this is actually not happening and was instead an April Fool’s joke gone wrong. VW USA still has not responded to requests for comment, but VW Europe told the publication that it was in fact a joke. The release announcing the news remains live on VW’

HighRadius, which has developed AI-powered fintech software, announced Tuesday it has raised $300 million in a Series C funding round led by D1 Capital and Tiger Global. The round values Houston-based HighRadius at $3.1 billion, triple its valuation of “more than $1 billion” at the time of its

Duo, the authentication service Cisco acquired for $2.35 blion in 2018, today announced its plans to launch a passwordless authentication service that wl allow users to log in to their Duo-protected services through security keys or platform biometrics like Apple’s Face ID or Microsoft’

LinkedIn, the social network now with 740 mlion users around the world, has carved out an identity for itself as the place online where professionals go to list their places of work, get headhunted for other work, and look for work. But for years it’s been looking for ways to better leverage