Month: April 2019

Rappi represents a new era for Latin American technology startups. Based in Bogotá, Colombia, the on-demand delivery startup has taken the region by storm, attracting a record amount of venture capital funding in mere months. Today marks the beginning of a new round of explosive growth as SoftBank, the Japanese telecom giant and prolific Silicon
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Spot.IM announced today that it has raised $25 million in Series D funding. We’ve written about the company’s commenting platform before, but CEO Nadav Shoval said it’s now building a broader “community platform.” That platform goes beyond commenting and moderation to also include community pages and other ways to highlight and monetize user generated content.
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Rae Witte Contributor Rae Witte is a New York-based freelance journalist covering music, style, sneakers, art and dating, and how they intersect with tech. You can find her writing on i-D, The Wall Street Journal, Esquire and Forbes, among others. New York-based DJ and creative consultant Amrit and I are sitting at a women’s empowerment
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Facebook built Dating to be privacy-safe, hoping to avoid the awkwardness of friends or family checking out your romance profile. But now Facebook has found a way to let you silently express your affection for a friend without them knowing unless they reciprocate. Facebook Dating is opening in 14 more countries, bringing the total to
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Glovo, the Spain-headquartered on-demand delivery app that has similarities to Postmates in the U.S., has raised $169 million (€150m) in Series D funding. Lakestar led the round alongside Drake, owner of global pizza franchise Papa John’s. Idinvest Partners and Korelya Capital also participated, bringing total raised to approximately $322 million. The company last raised funding
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Social media giants, including Facebook -owned Instagram, have agreed to financially contribute to UK charities to fund them making recommendations that the government hopes will speed up decisions about removing content that promotes suicide/self-harm or eating disorders on their platforms. The development follows the latest intervention by health secretary Matt Hancock, who met with representatives
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The Working Assembly began as a side hustle. Jolene Delisle and Lawrence O’Toole juggled full-time jobs while collaborating on projects for startup clients, and they eventually realized there was an opportunity to help companies with branding, marketing, and advertising. In the past four years, TWA has grown from a team of two to a team
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From today, Uber has added public transport to its app in London, incorporating real-time information on the city’s Underground, Overground, train and bus network, as well as other trams, shuttle, river boat and the DLR’s driverless trains. Last summer the ride-hailing giant was granted a provisional 15-month license to operate in the U.K. capital —
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Vault Platform, a London-based startup that has built software to “re-imagine” workplace misconduct reporting, has raised $4.2 million in seed funding. Leading the round is Kindred Capital, with participation from Angular Ventures, System.One, Jane VC, and ex-Mosaic Ventures Partner Mike Chalfen. Founded in 2018 by Neta Meidav and Rotem Hayoun-Meidav, Vault is attempting to create
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Alphabet’s Q1 earnings were a disappointment for Wall Street, courtesy primarily of ad revenue shortcomings. The hardware team met with some difficulties, as well, owing in part to a stagnating global smartphone market that has impacted virtually all players. CEO Sundar Pichai cited “year over year headwinds” when referring to the company’s smartphone line, following
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Amazon announced today it has begun to ask customers to participate in a preview program that will help the company build a Spanish-language Alexa experience for U.S. users. The program, which is currently invite-only, will allow Amazon to incorporate into the U.S. Spanish-language experience a better understanding of things like word choice and local humor,
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Mobile marketing company ManyChat has raised $18 million in Series A funding. The startup, co-founded by CEO Mikael Yang, is currently focused on Facebook Messenger. It offers tools for creating a bot on Messenger while also supporting live human chatting (ManyChat says its approach is a “smart blend of automation and personal outreach”), and additional
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