Rey, which uses VR-based tools powered by OxfordVR to provide on-demand mental health care services, raises $26M Series A, three months after launching — Technology can, and should, play a pivotal role in bridging the gap between the burgeoning demand for mental health services and limited supply …
Microsoft is avoiding antitrust scrutiny by rebranding itself as nice and boring, even as it reverts to some of the behaviors that led to prosecution the '90s — How has Microsoft escaped the scrutiny of reinvigorated antitrust regulators? — About the author: Molly Wood is the host …
Many viewers are experiencing the Olympics primarily through TikTok, with some of the most-watched videos coming not from NBC but from athletes themselves — The Olympics through the lens of TikTok look widely different than TV — When NBC's “Today Show” told viewers that gymnast Simone Biles …
How Apple became an “antifragile” company, by building a diverse portfolio of products and performing even stronger during the pandemic than it did before — For over two decades, “APPLE IS DOOMED” was a common refrain in Internet discussions. Originally, it was meant in a literal sense …
UK's CMA launches an inquiry into Facebook's acquisition of Kustomer, investigating whether the deal violates the UK's Enterprise Act 2002 — The U.K. Competition and Markets Authority said Friday that it has started a merger investigation into the acquisition by Facebook Inc. of Kustomer Inc.
A look at the debate over Spotify's Discovery Mode, whereby artists are prioritized for reduced royalties, a key way for Spotify to improve margins — Executives complain new Discovery Mode is ‘payola’ but one Texas frontman sees it as the future — The Josh Abbott Band …
Apple removes Unjected, a social app for “unvaxxed friendly”, citing COVID-19 misinfo; Unjected removed social feed from its Android app after a Google warning — Anti-Vax App Squares Off With Google, Apple Over Misinformation Jackie Davalos31 July 2021, 15:00 CEST …
Analysis: since August 2020, 100+ warships from 16+ countries have had GPS-based location data faked to make it look like they crossed into disputed territory — The latest weapons in the global information war are fake vessels behaving badly. — ON SEPTEMBER 17 last year …
Wisconsin-based Veda, which uses AI to automate data processing for healthcare payers and providers, raises $45M Series B led by Oak HC/FT — Veda Data Solutions, Inc., which uses artificial intelligence to automate health care data for providers and payers, closed a $45 million Series B funding round led …
Airtel Mobile Commerce, which offers mobile money services in 14 African countries, raises $200M from the Qatar Investment Authority — Three months ago, Mastercard invested $100 million in Airtel Mobile Commerce BV (AMC BV) — the mobile money business of telecom Airtel Africa.
EU fines Amazon a record $888M for violating GDPR data storage rules; Amazon says in a filing that the fine is “without merit” — - Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group
China orders 25 tech companies, including Alibaba and Tencent, to do internal inspections to rectify issues from data security to consumer rights protections — - Alibaba, Tencent, Meituan among firms summoned to meetings — MIIT has announced 6-month campaign on the internet sector
Sources: SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for investors disclosures over China's crackdown — (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings …
Binance says it will wind down futures and derivatives trading in Europe, amid regulatory pressure; users will have 90 days to close from a date specified later — Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe …
Faced with rising ransomware risks, companies seeking cybersecurity professionals are paying higher salaries and offering more autonomy — Companies are paying higher salaries, and in some cases giving more autonomy, to attract executives who manage data security
Sources: SoftBank is preparing to sell about one-third of its stake in Uber, or 45M shares, to cover its Didi losses; SoftBank has lost ~$4B on Didi — - Investors have pushed down Didi shares on concerns that the Chinese government was planning to impose fines on the company.
Inmarsat, the UK's largest satellite company, says it plans to launch low-orbit spacecraft and establish a 5G wireless network, competing with SpaceX and OneWeb — - Operator reveals roadmap to add 5G and at least 150 satellites — Joins wave of investment in 5G and low-earth orbit spacecraft
Google updates Play Store policies to ban apps offering “compensated sexual relationships”, likely impacting sugar daddy dating apps, beginning September 1 — Today, Google published a handful of changes to its Play policies, and nestled among precise legalese refinements …
As China expands oversight, Tencent's value dropped 23% in July, erasing ~$170B; nine of the top 10 losers in shareholder value in July were Chinese companies — - Tech giant is set to see its worst month ever after selloff — Nine of top 10 market value losers in July are Chinese firms
Homebase, which offers tools to manage teams and hourly workers at SMBs, raises $70M Series C led by GGV Capital, sources say at a $500M-$600M valuation — Small and medium enterprises have become a big opportunity in the world of B2B technology in the last several years …
Filing: Korean game studio Krafton, which develops PlayerUnknown's Battlegrounds, is set to raise $3.8B during a Seoul IPO, valuing the company at ~$21.2B — - Game developer sets share price at top of revised range — IPO values Tencent-backed developer at $21.2 billion
Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO — Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog
Interview with Mona Shtaya of 7amleh, a social media advocacy and digital rights group in the Middle East, on how social networks censored Palestinians in May — MONA SHTAYA WAS sitting in her apartment in Ramallah, Palestine on May 6, idly browsing through Twitter, when she first noticed something amiss.
Creators of PunkSpider say they're relaunching their search engine for hackable sites at Defcon next week to spur web admins to fix thousands of unpatched bugs — PunkSpider is back, and crawling hundreds of millions of sites for vulnerabilities. — THE WEB HAS long been a playground for hackers …
Duolingo raises $521M in its IPO after pricing shares at $102, valuing the company at $3.66B — Language learning app Duolingo Inc. and its investors raised $521 million in an initial public offering priced above the marketed range. — The company priced 5.1 million shares at $102 each Tuesday …
Class, a virtual classroom that integrates exclusively with Zoom, raises $105M led by SoftBank's Vision Fund 2 at a $804M post-money valuation — Class, a virtual classroom that integrates exclusively with Zoom, announced today that it has raised $105 million in a financing led by SoftBank Vision Fund II.
Bloomberg : Google says it plans to counter Japan's FTC over claims that it hobbles rivals in search; a source says Japan's FTC s...
