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January 19, 2021, 9:40 AM
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| Kirsten Korosec / TechCrunch: |
Electric autonomous vehicle startup Cruise raises $2B at a $30B valuation from Microsoft, GM, Honda, and others — Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner.
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The Verge, Cruise, Forbes, Bloomberg, Protocol, Wall Street Journal, Axios, Financial Times, CNBC, MSPoweruser, and SlashGear. Tweets: @kirstenkorosec
| Manish Singh / TechCrunch: |
India asks WhatsApp to withdraw the planned change to its privacy policy over “grave concerns” and questions why users in the EU are exempt from it — India has asked WhatsApp to withdraw the planned change to its privacy policy, posing a new headache to Facebook-owned service …
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Android Police, The Economic Times, ANI News, Tech in Asia, Inc42 Media, TechCircle, TechRadar, and Firstpost Tech
Tweets: @alexbrooks and @alex
| Ingrid Lunden / TechCrunch: |
PPRO, which offers e-commerce players tools to support a variety of payment models, raises $180M at a $1B+ valuation — The pandemic hastened a shift of most commerce becoming e-commerce in the last year, and that has brought a new focus on startups that are helping to enable that process.| Meagan Simpson / BetaKit: |
Cloud backup service Rewind raises $15M Series A led by Inovia Capital — Ottawa-based Rewind has closed a $19 million CAD ($15 million USD) Series A round of financing as it looks to capitalize on and expand its “backup-as-a-service” business. — The almost six-year-old startup has developed …
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VentureBeat and SiliconANGLE
| Siddharth Venkataramakrishnan / Financial Times: |
Research: GDPR fines have risen ~40% to €159M in the past year vs. the first 20 months the law was in force; €272M has been levied since its introduction — Data protection penalties climbed 40% in the past year, according to research — Fines imposed under the General Data … | Reuters: |
Turkey bans ads on Twitter and Pinterest for not appointing local representatives as mandated by social media law, says their bandwidth will be cut 50% in April — ISTANBUL (Reuters) - Ankara has imposed advertising bans on Twitter, Periscope and Pinterest after they failed … | Paul Sawers / VentureBeat: |
Citrix acquires SaaS collaborative work management service Wrike for $2.25B in cash — Citrix has confirmed reports from earlier this week that it is buying enterprise-focused work management platform Wrike, in an all-cash deal worth $2.25 billion. — Founded in 2006, San Jose-based Wrike … | David Cohen / Adweek: |
Content discovery platform Taboola rolls out Stories in beta, letting publishers add the format directly to their websites or mobile articles — Content can be added directly to publishers' websites or mobile articles — Content discovery platform Taboola became the latest platform … | Los Angeles Times: |
Amateur digital sleuths have joined massive crowdsourcing efforts on social media to track violent Capitol rioters, passing the evidence to authorities — The digital sleuths take to their computers in the moments when they can peel away from their real-world responsibilities — jobs …
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The Independent, ProPublica, Ars Technica, FlowingData, Security Boulevard, The Verge, 9to5Mac, and Boing Boing
Tweets: @trump_ton, @bostonjoan, @nils_gilman, @mathewi, @schwanksta, and @dicktofel
| Washington Post: |
Tech giants are bracing for tougher regulation under Biden's administration, as Democrats' calls for regulation have become more urgent after Capitol attacks — The Democratic Party's calls for regulation have grown more urgent in the days since Biden won the presidency …
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Washington Post, New York Times, WTVA-TV, Washington Post, First Branch Forecast, and Washington Post
Tweets: @jjainschigg, @doctorow, @kerpen, @mitchwagner, @geromanat, @nekoplanetd, and @davekeating
| Duncan Riley / SiliconANGLE: |
Trovata, which develops automated cash management software, raises $20M Series A led by Wells Fargo Strategic Capital, bringing its total raised to $30M+ ( — Automated cash management startup Trovata Inc. said early Tuesday that it has raised $20 million in new funding to deliver new services …
More:
VentureBeat and The Paypers
| Kyle Wiggers / VentureBeat: |
K Health, a AI-powered telemedical pediatric service, raises $132M Series E led by GGV Capital and Valor Equity Partners, bringing its total raised to $271M+ — New York City-based K Health today closed a $132 million series E funding round led by GGV Capital and Valor Equity Partners …
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TechCrunch, Bloomberg, and Crunchbase News
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