Tuesday, May 18, 2021

Amazon Extends Ban on Police Use of Facial Recognition Software

Amazon said it is extending until further notice a moratorium it imposed last year on police use of its facial recognition software. https://ift.tt/3eX6cGE

Goldbelly, an online marketplace enabling restaurants and chefs to sell and ship their dishes across the US, raises $100M Series C, says it now has 850 partners (Michael J. de la Merced/New York Times)

Michael J. de la Merced / New York Times:
Goldbelly, an online marketplace enabling restaurants and chefs to sell and ship their dishes across the US, raises $100M Series C, says it now has 850 partners  —  Goldbelly, an e-commerce platform for restaurant food, boomed during the pandemic.  Will the trend stick?



Baidu reports Q1 revenue of $4.38B, up 25% YoY, driven partly by a 70% YoY growth of its non-ad revenue, and says its flagship app had 558M MAUs as of March (Reuters)

Reuters:
Baidu reports Q1 revenue of $4.38B, up 25% YoY, driven partly by a 70% YoY growth of its non-ad revenue, and says its flagship app had 558M MAUs as of March  —  China's Baidu Inc reported quarterly revenue on Tuesday that beat Wall Street estimates, as the company beefed up its cloud …



Apple iPhone 13 may get a new colour in 2021

Apple iPhone 13, as some would like to call it, may come in a new colour option: Rose Pink, as claimed on Twitter by the Peng Store, an online/offline store based out of Nigeria. The tweet claims that the iPhone Pro Max will have a Rose Pink colour option and that it would launch in December 2021. https://ift.tt/2S6INJQ

DailyPay, which provides software that lets workers control when they get paid, raises $175M Series D and $325M in debt funding, source says at a $1B+ valuation (Luisa Beltran/Barron's Online)

Luisa Beltran / Barron's Online:
DailyPay, which provides software that lets workers control when they get paid, raises $175M Series D and $325M in debt funding, source says at a $1B+ valuation  —  DailyPay, a fintech that helps workers access their wages in real time, has raised $500 million in capital.



NYSE sets Squarespace's reference price at $50 per share for its direct listing on Wednesday, which would give the company a market value of about $6.8B (Bloomberg)

Bloomberg:
NYSE sets Squarespace's reference price at $50 per share for its direct listing on Wednesday, which would give the company a market value of about $6.8B  —  - Web-hosting service going public via direct listing Wednesday  — Squarespace was valued at $10 billion in March funding round



A profile of OpenTable CEO Debby Soo, who shifted its focus from diners to restaurants; it now seats ~2B diners a year across 65K restaurants, an all-time high (Brent Crane/Bloomberg)

Brent Crane / Bloomberg : A profile of OpenTable CEO Debby Soo, who shifted its focus from diners to restaurants; it now seats ~2B diners...