Techmeme
February 24, 2020, 12:40 AM

Top News

Wall Street Journal:
Sources: Intuit is nearing a deal to buy personal finance portal Credit Karma for about $7B in cash and stock; the deal could be announced as soon as Monday  —  Acquisition would be Intuit's largest ever and the first sizable transaction under CEO Sasan Goodarzi
Shaun Nichols / The Register:
Safari will reportedly no longer accept new HTTPS certificates that are valid for more than 398 days beginning on September 1, down from 825 days  —  Keep your crypto below 398 days after September 1 and you're all good  —  Safari will, later this year, no longer accept new HTTPS certificates …
Pew Research Center:
Survey of 979 tech experts: 49% say tech will “mostly weaken” democracy between now and 2030, 33% say it will “mostly strengthen” democracy, 18% see no change  —  About half predict that humans' use of technology will weaken democracy between now and 2030 due to the speed …
Sarah Perez / TechCrunch:
eMarketer estimates Twitch will have 37.5M monthly active viewers in the US this year and is on pace to surpass the 44M mark by 2022  —  Twitch, the Amazon-owned streaming service for gamers, is poised to surpass 40 million monthly active viewers in the U.S. as of next year, according to a new forecast from eMarketer out on Thursday.
John Thornhill / Financial Times:
Tim Berners-Lee's Inrupt raised over $10M in 2019 to operationalize Solid, an open source project to decentralize the web and give users control of their data  —  Sir Tim Berners-Lee's start-up Inrupt to expand operational team and launch pilot projects  —  Inrupt, the start-up company founded …
Natasha Lomas / TechCrunch:
Irish DPC report: 6 inquiries into multinational tech companies' GDPR compliance were opened in 2019, bringing major cross-border probes to 21, but no decisions  —  The lead European Union privacy regulator for most of big tech has put out its annual report which shows another major bump …
Manish Singh / TechCrunch:
CB Insights: fintech startups across the world raised $33.9B across 1,912 deals in 2019, which is down from $40.8B raised across 2,049 deals in 2018  —  Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed.
McKinsey Insights & Publications:
McKinsey: low- to mid-band 5G will reach 80% of world's population by 2030 and cost $400B to $500B to deploy; high-band 5G will cover ~25% and cost $700B-$900B  —  The promise of 5G has captured the attention of business leaders, policy makers, and the media.  But how much of that promise is likely to be realized anytime soon?
Privacy International:
Tests find Facebook's Download Your Information tool gives users an incomplete and inconsistent list of advertisers who have uploaded their data to Facebook  —  In 2018, following the Cambridge Analytica scandal, Facebook announced the “Download Your Information” feature allowing users …
Manish Singh / TechCrunch:
India's BharatPe, which helps merchants take digital payments and secure working capital, raises $75M Series C valuing it at $400M+, after 2019's $50M Series B  —  BharatPe, a New Delhi-based startup that is enabling hundreds of thousands of merchants to accept digital payments …
Liz Hollis / BioWorld:
Q Bio, a digital health platform offering continuous health monitoring and annual physical exams via subscriptions starting at $3,495/year, raises $40M Series B  —  Redwood City, Calif.-based Q Bio Inc., which is offering a quantitative assessment of personal health, has come out of stealth mode …
FinSMEs:
Cyber insurance company At-Bay, which helps businesses assess risk across their tech stack with continuous vulnerability monitoring, raises $34M Series B  —  At-Bay, a Mountain View, CA-based cyber insurance company, raised $34m in Series B funding.  —  The round was led by Acrew Capital and Munich Re Ventures, through its HSB fund.

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