SoftBank turns fund for diverse entrepreneurs into an ‘evergreen’ opportunity
SoftBank, a Japanese conglomerate, announced today that it has an uncapped, evergreen fund made explicitly to back Black, Latinx and Native American entrepreneurs within the United States. The commitment is a continuation of SoftBank's $100 million Opportunity Growth Fund for underrepresented f
‘Jedi Blue’ ad deal between Google and Facebook sparks new antitrust probes in EU and UK
The European Commission and the U.K. have announced parallel formal antitrust investigations into Google and Facebook in relation to their online display ad businesses.
The twin probes, announced today by the EU’s competition division and the U.K.’s Competition and Markets Authority (CM
Google dials up focus on portability ahead of rule changes
Google has signalled it’s dialling up efforts around portability, announcing a plan yesterday to spend $3 million and “hundreds of hours” of its engineers’ time over the next five years to build on existing (sometimes very long-standing) initiatives in this area, such as the
Course Hero scoops up Scribbr for subject-specific study help
For an undisclosed price, Course Hero has acquired Scribbr, a proofreading and editing service for academic writing. This is Course Hero's latest deal in a string of buys – including CliffsNotes, LitCharts, QuillBot and Symbolab – all powered by a duo of financings that saw the edte
London’s Tactic raises $4.5M round led by Index Ventures to tackle search for sales teams
Sales teams and customer services people can spend a lot of time searching, logging, and analyzing customer and market data. This takes a lot of time, requires them to sift through multiple sources, and is obviously subject to human error. Typically they will end up Googling, outsourcing to vendors
Dear Sophie: How long does it take to get International Entrepreneur Parole?
??Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,”
Uber Eats now lets you split the bill
Now that people are socializing again as the pandemic (hopefully) winds down, Uber is tackling one of the most common problems of restaurant delivery apps: how to split the bill between friends. Uber Eats is relaunching group ordering with a new bill splitting feature — the first in a US delivery
UK expands Online Safety Bill to cover scam ads and eyes wider reforms
The UK government has again announced an extension to the scope of the draft Online Safety Bill — this time bringing scam ads into scope following pressure from campaigners.
In parallel, it has also launched a consultation on strengthening existing regulation of the online ad industry, laying
For China bulls like Jim Breyer, Russia ties present ‘geopolitical challenges and questions’
China has emerged as one of the most powerful countries in the world. Now, its close ties with Russia — against which the rest of the world has swiftly united since its invasion of Ukraine — have put the world's most populous country in a precarious position.
It's not so comfort
So is there a bottom for tech stocks, or what
Here at technewss we keep tabs on the stock market.1 And the stock market has turned into an awful vomit-machine lately, puking up last year’s gains onto its own shirt, and, by extension, the larger technology market and startup-land.
Not that this should be news per se; if you have been tra
Google says Chrome on macOS is now faster than Safari
Version 100 of Google Chrome will launch within the next few weeks, but even after all of this time, there’s still some room for speeding up the browser. As Google announced today, version 99 of Chrome on macOS manages to score 300 points on the Speedometer benchmark, which was originally dev
Google pauses its ad sales in Russia, Microsoft pauses sales
In further responses from the tech industry to Russia’s invasion of Ukraine last week and the country’s continued aggression against its neighbor, Google and Microsoft have both now said they’re pausing sales in Russia.
We understand that Google’s pause — which is focu
More deceptive cookie banners targeted in latest noyb EU action
European privacy advocacy group noyb has fired off a second batch of cookie consent complaints (270 in total) targeting websites in the region that it says are failing to properly request users’ consent to be tracked for ad targeting.
The problem is consent popups that don’t contain a c
Twitch will ban streamers who frequently share misinformation
Twitch has updated its misinformation policies and says it will ban those who frequently share falsehoods. Under the new rules, the platform will block “harmful misinformation superspreaders who persistently share misinformation on or off of Twitch,” as The New York Times first reported.