Connecting employer healthcare plans to surgical centers of excellence nets Carrum Health $40 million

Six years after launching its service linking employer-sponsored insurance plans with surgical centers of excellence, Carrum Health has raised $40 million in a new round of financing to capitalize on tailwinds propelling its business forward.  As the COVID-19 pandemic exposes cracks in the U.S. he

The tech-powered wave of smart, not slow, tutoring sessions

While starting a tutoring marketplace is easy, scaling is often where the troubles begin. Tutoring marketplaces require a base of tutors that have the bandwidth and empathy to work with students across different learning styles, goals and comprehension levels. The nuance means that fast scale isn&#

Shopify pulls Donald Trump stores off its platform

Facebook isn’t the only big tech company taking action against Donald Trump’s web presence in the wake of yesterday’s riots in Washington, D.C. Shopify, which hosted shops related to Trump’s campaign paraphernalia and the outgoing President’s personal brand, TrumpStore

SoFi to go public in merger with Chamath Palihapitiya’s newest SPAC

Consumer financial services startup SoFi is going public via a merger with special purpose acquisition company Social Capital Hedosophia Holdings Corp V, one of a series of blank-check companies formed by venture capital investor Chamath Palihapitiya. The deal, confirmed by SoFi, would value the fi

Former Disney and Discovery execs to launch Struum, a ‘ClassPass for streaming services’

Former Disney and Discovery execs are teaming up to launch a new streaming service called Struum, arriving in the spring, that aims to take the ClassPass model and apply it to the streaming landscape. That is, Struum’s plan is to aggregate content from smaller video-on-demand services, then p

Lisbon’s startup scene rises as Portugal gears up to be a European tech tiger

Almost four years ago I wrote a long deep dive into Lisbon's tech scene. So it's great to check back in with both Lisbon and Portugal for a slightly briefer update on where it's at. As well-outlined by Stephan Morais, founder and managing general partner at Indico Capital Partners, Port

US says India, Italy and Turkey digital taxes are discriminatory, but won’t take any actions for now

Digital services taxes adopted by India, Italy and Turkey in recent years discriminate against U.S. companies, the U.S. Trade Representative said on Wednesday. USTR, which began investigations into the three nation's digital services taxes in June last year, said it found them to be inconsisten

Twitter adds huge pop-up warning to Trump video telling Capitol Hill rioters ‘we love you’

Twitter took a new action against President Trump’s account Wednesday, adding a large, pop-up warning message to his latest tweet addressing the ongoing chaos on Capitol Hill. The company has restricted engagement on the tweet, citing a “risk of violence.” Trump’s new messag

Pro-Trump mob storms the US Capitol, touting ‘Stop the Steal’ conspiracy

A chaotic scene unfolded in Washington D.C. on Wednesday as a large crowd of pro-Trump protesters stormed the U.S. Capitol Building. The Trump supporters flooded into the nation’s capital to attend a rally held earlier by President Trump outside the White House. The rally was timed to protest

Teamflow lands $3.9 million for a productive virtual HQ platform

After a year of video calls and Slack messages, the definition of workplace is set to shift again. In a post-pandemic world, some will return to the office, many will remain remote and regardless of where an employee sits, Florent Crivello, the founder of Teamflow, has raised millions for what he v

The NYSE will delist three Chinese telecoms after all

The New York Stock Exchange announced this morning that it will be delisting three major Chinese telecom companies, a move that it first announced last week before seeming to reverse course on Monday. This is all happening in response to the Trump administration’s broader order barring U.S. i

Daily Crunch: NYSE won’t delist Chinese telcos

The New York Stock Exchange reverses course, Nintendo acquires a game studio and an Indian electronics and lifestyle startup raises $100 million. This is your Daily Crunch for January 5, 2021. The big story: NYSE won’t delist Chinese telcos The New York Stock Exchange is rever

Affirm targets up to $38 per share in IPO, pushing its valuation above $9B

Today Affirm, a fintech startup that offers payment options to e-commerce customers, released a new S-1/A filing. The new document follows a late-December filing of a similar nature, though that update focused on changing the language of Affirm’s reported results, tweaking its language to rem

Tile to launch a new tracker powered by ultra-wideband technology, add AR finding to app

Tile is preparing to introduce a new product this year that will serve as a rival to Apple’s long-awaited AirTags and other lost-item trackers coming to the market, including those from Samsung, technewss has learned. While previous Tile trackers have leveraged Bluetooth to help users locate