Accel announces a $4B global, late-stage fund, after announcing $3B across funds for early- and growth-stage startups in June 2021 — Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global …
Filings: Tencent reduced its stake in edtech firm Koolearn to 1.6% from 9%; Koolearn's HK shares had surged 684% in just nine trading sessions through June 16 — Tencent Holdings Ltd. slashed its stake in a Chinese education technology firm that staged an eye-watering rally in the past two weeks …
Indian startup LeadSquared, which offers sales automation tools, has raised a $153M Series C led by WestBridge Capital at a $1B post-money valuation — LeadSquared, a SaaS startup that is helping sales teams become more efficient with its CRM platform, is the latest Indian startup to become a unicorn.
A profile of French antitrust chief Benoît Cœuré, who took over in January, as his agency details its decision over Google paying publishers for content — In a world of blockbuster antitrust enforcers, Benoît Cœuré is an anti-hero.
JD.com reports revenue from its June 18 shopping festival rose 10.3% to $56.6B, the slowest growth since 2017, as China's lockdowns dampen consumer demand — Consumers hit the brakes in latest indication of damaged sentiment from macroeconomic headwinds and lengthy lockdowns
After pausing withdrawals last week, Celsius asks for more time to stabilize its liquidity and operations and halts Twitter Spaces and AMAs — It has been one week since we paused withdrawals, Swap, and transfers. We want our community to know that our objective continues to be stabilizing our liquidity and operations.
Chicago-based Elevate K-12, which helps school districts alleviate teacher shortages by virtually connecting teachers to classrooms, has raised a $40M Series C — As the country has dealt with teacher shortages brought by unsafe work conditions due to the pandemic and burnout, among other reasons …
Solend Labs, a “decentralized” borrowing and lending protocol on Solana, votes to take over an account that deposited 5.7M SOL, over 95% of the pool's deposits — Solend users voted to “grant emergency power to Solend Labs to temporarily take over the whale's account.”
Microsoft's Surface Duo 2 is finally a compelling dual-screen phone, after many software updates and a $500 price cut, but it works best as a secondary device — It's exceedingly rare that a product actually gets better months after it was released. But Microsoft's oft-forgotten Surface Duo 2 …
Telegram surpasses 700M MAUs and unveils Telegram Premium, which will let users follow up to 1,000 channels, send files up to 4GB, and more for ~$5/month — Telegram has amassed 700 million monthly active users and is rolling out a premium tier with additional features as the instant messaging platform makes …
Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...
