Snapask, an on-demand tutoring app, announced today that it has raised $35 million in Series B funding. Earmarked for the startup’s expansion in Southeast Asia, the round was led by Asia Partners and Intervest. Launched in Hong Kong five years ago, Snapask has now raised a total of $50 million and operates in Hong Kong, […]

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Stonly is building a service for customer support teams so that they can share step-by-step guides to solve the most common issues. The startup just raised a $3.5 million funding round led by Accel with business angels also participating, such as Eventbrite CTO Renaud Visage and PeopleDoc founders Jonathan Benhamou and Clément Buyse. The startup […]

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Welcome to the $100 million ARR club, BounceX. This morning (evening, timezone depending), BounceX, a New York-based marketing technology startup, announced that it has reached the $100 million annual recurring revenue (ARR) threshold, adding its name to our running list of companies that have crossed over into nine-figure revenue while remaining private. BounceX also announced […]

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UK startup Babylon Health pulled app data on a critical user in order to create a press release in which it publicly attacks the UK doctor who has spent years raising patient safety concerns about the symptom triage chatbot service. In the press release released late Monday Babylon refers to Dr David Watkins — via […]

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The student loan crisis in the U.S. has left venture capitalists searching for novel approaches to financing higher education, but can the same systems designed for helping coders in Silicon Valley get jobs at Google help underserved students in developing countries become part of a global work force? Similar to the buzzy San Francisco startup […]

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It’s been a big news day for Salesforce . It announced that co-CEO Keith Block would be stepping down, and that it had acquired Vlocity for $1.33 billion in an all-cash deal. It’s no coincidence that Salesforce targeted this startup. It’s a firm that builds six industry-specific CRMs on top of Salesforce — communications, media […]

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Checkout.com, the quiet London-based payment platform, has acquired its first startup, ProcessOut. Checkout.com surprised everyone last year when it announced a gigantic $230 million Series A round. It turns out the payment processing boom is not over yet. Checkout.com focuses on enterprise clients with customers all around the world. It provides a full-stack payment service, […]

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Let’s talk about money. More specifically, let’s talk about how much things cost. A few years back, the price of flagship smartphones leapt above the $1,000 threshold, owing largely to the cost of screen technology. It’s a tough calculus, but that’s the price of innovation. The rising cost of smartphones is largely regarded as a […]

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Salesforce today announced that Keith Block, the company’s co-CEO, is stepping down. This leaves company founder Marc Benioff as the sole CEO and chair of the CRM juggernaut. Block’s bio has already been wiped from Salesforce’s leadership page. Block stepped into the co-CEO role in 2018, after a long career at the company that saw […]

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The Walt Disney Company announced this afternoon that Robert Iger, the company’s long-time CEO who ushered in the company’s lush franchise and entertainment platform profits, will step down immediately as chief executive. Bob Chapek, a long-time senior exec at the company who most recently held the position of chairman of Disney Parks, Experiences and Products, […]

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Facebook is aiming to build on its VR hardware launches of 2019 with an investment in virtual reality software. Facebook announced today that it has acquired Bay Area VR studio Sanzaru Games, the developer of “Asgard’s Wrath,” considered by many enthusiasts to be one of the Oculus Rift’s best games. Terms of the deal weren’t […]

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A significant majority of Americans have lost faith in tech companies’ ability to prevent the misuse of their platforms to influence the 2020 presidential election, according to a new study from Pew Research Center, released today. The study found that nearly three-quarters of Americans (74%) don’t believe platforms like Facebook, Twitter and Google will be […]

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Comcast has acquired Xumo, a free, ad-supported streaming service with more than 190 channels. The service has a complicated ownership history — it began in 2011 as a joint venture between Panasonic and Myspace parent company Viant, which was acquired by Time Inc. in 2016, and then Time Inc. was later acquired by Meredith. The companies […]

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Security is all too often focused on keeping hackers out and breaches at bay. But in the case of Remine, a real estate intelligence startup, it left its doors wide open for anyone to run rampant. Remine is a little-known but major player in the real estate analytics and intelligence market. It works by collecting […]

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Just under a month ago Facebook switched on global availability of a tool which affords users a glimpse into the murky world of tracking that its business relies upon to profile users of the wider web for ad targeting purposes. Facebook is not going boldly into transparent daylight — but rather offering what privacy rights […]

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