Google Translate adds 24 new languages, including its first indigenous languages of the Americas
In addition to improving Google Assistant’s ability to communicate with users in a more natural way, Google today announced improvements to its Google Translate service. The company said it’s adding 24 new languages — including its first indigenous languages of the Americas with t
Faye hopes to do for travel insurance what Lemonade did for general insurance
While (former) startups like Lemonade came along to attack the tired world of insurance, the travel insurance market is now coming in for the same treatment from the likes of Safetywing (covered by TC here) and Battleface.
In an ideal world, travel insurance would be easier to understand, would pa
AboveBoard's $6 million seed will help place underrepresented folks in executive roles
Lucinda Duncalfe, CEO and founder of AboveBoard, knows that she's not the first to try to disrupt hiring pipelines in order to better position diverse candidates. But, the seasoned entrepreneur is optimistic that the angle her company is taking will make a difference, anyways.
The traditional e
UK opts for slow reboot of Big Tech rules, pushes ahead on privacy ‘reforms’
The U.K. government has confirmed it will move forward on a major ex ante competition reform aimed at Big Tech, as it set out its priorities for the new parliamentary session earlier today.
However it has only said that draft legislation will be published over this period — booting the prospe
Freada and Mitch Kapor are ‘stepping back’ from Kapor Capital
Kapor Capital co-founders Freada and Mitch Kapor are stepping back from the venture capital firm they launched over a decade ago. In a blog post announcing the news, the Kapor's say that Uriridiakoghene “Ulili” Onovakpuri and Brian Dixon will be the new managing partners at the firm — whi
Zomato tumbles below its last private valuation
Indian food delivery firm Zomato’s shares fell below 52 rupees apiece, giving it a market cap of $5.3 billion as tech stocks continue to nosedive across the globe. At a $5.3 billion market cap, Zomato is now trading below its last private valuation ($5.4 billion) from early 2021. Swiggy, Zoma
Elon Musk gives Europe’s speech platform rules the thumbs up
While the world continues to wonder what ‘free speech absolutist‘ and gadfly billionaire Elon Musk might mean for the future of Twitter, the European Union has chalked up an early PR win in the long game of platform regulation — extracting agreement from the Tesla founder that its
Bookaway books $35M to scale up its ground transportation booking platform
Travel and tourism are coming back online in the wake of COVID-19 restrictions getting relaxed, and today a startup tackling one part of the equation for getting from home to one’s destination is announcing some funding to capitalize on that. Bookaway, which has built a platform for people to
Byrd nabs $56M to grow its European e-commerce logistics and fulfillment network as an alternative to Amazon
Shopify put a spotlight on the role and significance of logistics and fulfillment in e-commerce when it snapped up Deliverr for $2.1 billion last week to gain its own, direct foothold into providing those services for its e-commerce customers a la Amazon. Now, an up-and-coming startup in fulfillmen
BharatPe to claw back founder’s shares, terminate ‘several’ employees
BharatPe says it has initiated actions to claw back co-founder Ashneer Grover’s restricted shares and terminate services of several employees who engaged with sketchy vendors as the Tiger Global-backed fintech startup looks to recover from a strange and tremulous episode early this year.
The
Match Group sues Google over ‘monopoly power’ in Android app payments
The parent company of dating apps Tinder, Match and OkCupid is suing Google, alleging that the company exerts too much control over payments through its Google Play app marketplace.
The lawsuit, filed Monday in California’s Northern District, accuses the company of deploying “anticompet
White House doubles down on affordable broadband with central sign-up
The last couple years have driven home the necessity of a decent broadband connection to take part in today’s work and entertainment worlds. But internet access can be expensive or slow in many places — which is why the FCC and White House are expanding efforts to lower prices and improve a
Hugging Face reaches $2 billion valuation to build the GitHub of machine learning
Hugging Face has closed a new round of funding. It's a $100 million Series C round with a big valuation. Following today's funding round, Hugging Face is now worth $2 billion.
Lux Capital is leading the round, with Sequoia and Coatue investing in the company for the first time. Some of the
Post-pandemic reset leads to wave of layoffs in tech
OK, maybe it is a reckoning.
Over the past week, we've witnessed an alarming amount of layoffs across the startup ecosystem, from buzzy, big names like Cameo, On Deck and Robinhood, to B2B platforms like Workrise and Thrasio. The common thread between most of these layoffs, according to founder