Thursday, December 5, 2024

Zopa, the UK neobank, snaps up $85M at a $1B+ valuation, eschewing the IPO route

Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is “not a priority.” Zopa, the UK neobank […]

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Planet A Foods nabs $30M to make tons more cocoa-free chocolate

Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B foodtech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds set to be deployed to scale its production capacity by around 7.5x. The round fast follows a […]

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Uber will need to fingerprint drivers in California to transport teens

Uber has 30 days to require certain drivers to get fingerprinted if the ride-hail giant intends to continue transporting unaccompanied teens in California.  The California Public Utilities Commission issued a ruling Thursday that requires taxi and ride-hail drivers who are carrying unaccompanied minors in the state to pass a fingerprint background check. The ruling also […]

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Meta eases up on issuing strikes for Facebook users and Instagram creators

Days after Meta admitted that it’s been over-moderating its content, with mistakes impacting creators, the company announced an expansion of a new policy that will help to keep creators from being penalized after violating Meta’s Community Standards when they mess up for the first time. On Thursday, Meta said that the policy, which launched in […]

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Women in AI: Tamar Eilam is helping IBM build sustinable computing

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. Tamar Eilam has worked at IBM for the past 24 years. She’s currently an IBM fellow, serving as chief scientist for […]

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OpenAI may be planning a ChatGPT Pro plan for $200 per month

OpenAI’s “12 days of shipmas” event doesn’t kick off for a few hours, but the first big announcement might’ve been revealed early. A staging page on a website used by OpenAI refers to a “ChatGPT Pro” plan that includes all the benefits of ChatGPT Plus, as well as new goodies. https://t.co/VkokDtYfkB pic.twitter.com/zXf2mQN2y8 — Tibor Blaho […]

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TikTok partners with Nielsen to track cross-media ad campaign performance

TikTok has formed a partnership with Nielsen that will allow advertisers and agencies to directly compare ad performance on TikTok across all screens, including digital, CTV, and linear. Nielsen says the partnership will allow advertisers to get a better understanding of TikTok’s contribution to audience reach, while also helping them better place their ads across […]

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Wednesday, December 4, 2024

Lawhive raises $40M to go after ‘Main Street’ US lawyers

U.K.-based legal tech startup Lawhive, which allows small, ‘Main Street’ law firms to run their affairs through an AI-based SaaS platform, is on something of a tear. In April it raised an $11.9 million Seed round. It’s now raised a $40million in Series A funding to expand in the US. The round was co-led by […]

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Bitcoin zooms past $100,000 mark for the first time

Bitcoin prices have been on the rise this year and the cryptocurrency has reached the mark of $100,000 price point for the first time on Wednesday. The cryptocurrency’s price has jumped more than 5% in the last 24 hours. The latest rally began with the election of Donald Trump as president, as he promised a […]

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Cleerly raises $106M from Insight Partners for AI heart health early detection

Although heart disease is the leading cause of death in the United States, a significant portion of people who experience heart attacks are unaware that they have the underlying condition. Cleerly, a cardiovascular imaging startup, hopes to fix this. By analyzing CT scans of the heart, the company’s AI software aims to identify early stage […]

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A billionaire private astronaut and SpaceX supporter may be the next NASA head

Incoming President Donald Trump has nominated Jared Isaacman, a billionaire entrepreneur and private astronaut, to lead NASA through what could be one of the most consequential periods in the agency’s history.  During the four years of Trump’s second term, NASA will need to navigate a number of significant changes and challenges, including the ongoing Artemis […]

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OpenAI CEO Sam Altman says it’d be ‘un-American’ for Elon Musk to wield political influence to harm rivals

During an interview at The New York Times’ DealBook Summit on Wednesday, OpenAI CEO Sam Altman said that it’d be “profoundly un-American” for Elon Musk, the CEO of X and Tesla, to wield political influence to “hurt competitors” and “advantage [his] own businesses.” “I don’t think people would tolerate that,” he said, per Bloomberg. Musk, […]

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Frère’s fashion brand is upgrading the ‘tech bro’ look

What do Tim Cook, Jay Z, and Fred Ehrsam, co-founder of Coinbase, all have in common?  That would be their interest in Frère, a bespoke ready-to-wear clothing brand that has attracted names all over the tech world. The brand, which only launched in March, is opening its first store in New York’s SoHo. Frère is […]

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Instagram now lets creators enable replies in Broadcast Channels

Meta is updating its Broadcast Channels feature on Instagram in an effort to make it easier for creators to collaborate with their followers, the company announced on Wednesday. Up until now, viewers could not respond to a creator’s post in a Broadcast Channel, and were limited to emoji reactions. Now, the company is giving creators […]

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TikTok adds new ways for creators to raise money for charities

TikTok is rolling out new ways for creators to raise money for charities and causes they’re passionate about. The company is partnering with Goodstack, a fintech company that manages charitable donations, to enable creators to support organizations from its validated database of nonprofit partners, including the American Red Cross and Save the Children. TikTok is […]

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