Technology
- Irish startup Keelvar, which develops supply chain automation software, raises $18M Series A led by Elephant and Mosaic Ventures (Annie Musgrove/Tech.eu)
- Irish startup Keelvar, which develops supply chain automation software, raises $18M Series A led by Elephant and Mosaic Ventures (Annie Musgrove/Tech.eu)
- Messaging app Signal adds face blurring tool on iOS and Android to help hide protesters' identities (Moxie Marlinspike/Signal Blog)
- Messaging app Signal adds face blurring tool on iOS and Android to help hide protesters' identities (Moxie Marlinspike/Signal Blog)
- Bryter, which develops a no-code platform for non-tech people to build enterprise automation apps, raises $16M Series A co-led by Accel and Dawn Capital (Ingrid Lunden/TechCrunch)
- Bryter, which develops a no-code platform for non-tech people to build enterprise automation apps, raises $16M Series A co-led by Accel and Dawn Capital (Ingrid Lunden/TechCrunch)
- ZoomInfo prices its IPO at $21 per share, above its upwardly revised target range, which would raise $934.5M and value the company at $8B+ (Joshua Franklin/Reuters)
- ZoomInfo prices its IPO at $21 per share, above its upwardly revised target range, which would raise $934.5M and value the company at $8B+ (Joshua Franklin/Reuters)
- Kitty Hawk shuts down original Flyer program, shifts focus to developing Heaviside, a sleeker electric aircraft that can fly and land anywhere autonomously (Kirsten Korosec/TechCrunch)
- Kitty Hawk shuts down original Flyer program, shifts focus to developing Heaviside, a sleeker electric aircraft that can fly and land anywhere autonomously (Kirsten Korosec/TechCrunch)
- Sources: Amazon is in early-stage talks to buy a ~5% stake worth at least $2B in Indian mobile operator Bharti Airtel (Reuters)
- In open letter on racism, Tim Cook speaks out on the "senseless killing" of George Floyd, says we must commit to creating a better, more just world for everyone (Tim Cook/Apple)
- Employees at Star Theory, which was developing Kerbal Space Program 2, say the game studio closed after Take-Two canceled the contract and poached key members (Jason Schreier/Bloomberg)
- iOS 13.5.5 beta code hints that Apple still plans to introduce a service bundle that includes Apple Music, Apple TV+, and more in a single subscription (Filipe Espósito/9to5Mac)
- Cloud data services company NetApp says it's acquiring Israeli cloud storage company Spot.io, sources say for $450M (CTech)
- Sources: Unity is preparing for a US IPO, led by Goldman Sachs, that could happen as early as fall 2020; PitchBook estimates Unity's last valuation at ~$6.3B (Bloomberg)
- a16z announces Talent x Opportunity fund, starting with $2.2M from a16z partners, to invest in underserved founders; all returns will be reinvested in the fund (Natasha Mascarenhas/TechCrunch)
- A proposed $5B class action suit filed Tuesday accuses Google of covertly collecting user browsing info in Incognito mode via Google Analytics and other tools (Jonathan Stempel/Reuters)
- Activists say Microsoft, Amazon, and IBM, all who expressed solidarity with protestors, should reassess their work with police forces; none have said they will (Emily Birnbaum/Protocol)
- Uber CEO Dara Khosrowshahi says its global rides business is down 70% YoY, a slight improvement from its lowest point during the pandemic (Lizette Chapman/Bloomberg)
- Transcript of Mark Zuckerberg's Tuesday meeting with Facebook employees, including his thoughts on Trump's recent posts, democracy, speech, and racial justice (Shirin Ghaffary/Vox)
- Over 30 early Facebook employees, including its first comms chief, write an open letter to Mark Zuckerberg opposing his choice to leave Trump's posts unaltered (Mike Isaac/New York Times)
- Apptopia: since May 25, Americans have downloaded Signal 234K times and Citizen 121K times; Twitter was downloaded more than Facebook and Instagram this week (Rani Molla/Vox)
- America is awash in cameras, a double-edged sword for protesters, who can record police brutality, and cops, who can use them to track down protesters (Washington Post)
- Snap says it has stopped promoting Trump's account in Discover, after a tweet from days ago about protesters at the White House meeting "ominous weapons" (Casey Newton/The Verge)
- Report: cryptocurrency fraud estimated to be $1.36B in 2020, with thieves increasingly obfuscating origins of funds as exchanges enact anti-laundering measures (Robert Stevens/Decrypt)
- Microsoft starts bringing its Chromium-based version of Edge to all Windows 10 users through an automatic update; the browser previously needed to be downloaded (Liam Tung/ZDNet)
- Supercuts of violent police behavior during widespread protests have been going viral on Twitter, Instagram, and Facebook, with one racking up over 45M views (Taylor Lorenz/New York Times)
- Mobile banking startup Varo Money raises $241M Series D led by Gallatin Point Capital and The Rise Fund, bringing its total raised to $419.4M (Duncan Riley/SiliconANGLE)
- Lili, which is building banking products for freelance workers, raises $10M seed funding led by Group 11 (Anthony Ha/TechCrunch)