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January 19, 2021, 11:55 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, Wall Street Journal, Business Insider, Windows Central, Reuters, PCMag, Associated Press, The Economic Times, ZDNet, Engadget, Forbes, Bloomberg, Protocol, Axios, Patently Apple, Petri, The Robot Report, Financial Times, Electrek, CNBC, MSPoweruser, SlashGear, and Slashdot
Tweets: @cruise, @msftnews, @kirstenkorosec, and @alex
| Chaim Gartenberg / The Verge: |
Qualcomm unveils Snapdragon 870 with a similar design to the 865 and 865 Plus, clocked at 3.2GHz, making it about 10% faster than the 865 — A slightly faster refresh of last year's Snapdragon flagship — Qualcomm has announced a new mobile phone processor: the Qualcomm Snapdragon 870 …
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Qualcomm, Qualcomm, PCWorld, Thurrott, HotHardware.com News, 9to5Google, PCMag, XDA Developers, Android Authority, Android Authority, Android Police, AnandTech, CNET, Engadget, ZDNet, Phandroid, Pocketnow, and TechPP
Tweets: @qualcomm and @lanceulanoff
| 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, Business Insider, The Economic Times, International Business Times, ANI News, Neowin, Tech in Asia, Inc42 Media, TechRadar, TechCircle, and Firstpost Tech
Tweets: @alex and @alexbrooks
| 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 … | 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 … | 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 … | Sara Fischer / Axios: |
Forbes to launch a newsletter service that will let journalists start their own paid newsletters and split the revenue, while also getting a salary and benefits — Forbes is launching a newsletter platform that will allow journalists to launch their own paid newsletters and split the revenue … | 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 … | Douglas Soltys / BetaKit: |
Bold Commerce, which offers tools for e-commerce including checkout, subscriptions, and more, raises $27M Series B led by OMERS Ventures — Once known only as Shopify's largest app developer, Winnipeg-based Bold Commerce is hoping a $35 million CAD ($27 million USD) Series B round will help … | 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.| 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 … | Kyle Wiggers / VentureBeat: |
Swimlane, which develops security operations management software, raises $40M led by EIP, bringing its total raised to $80M+ — Swimlane, a Denver-based security operations management software provider, today announced it raised $40 million. The funding will be put toward accelerating partnerships …
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FinSMEs, Security Boulevard, and SecurityWeek
| Ingrid Lunden / TechCrunch: |
Multiverse, a UK startup that finds promising, diverse candidates to fill apprenticeship roles at organizations, raises $44M Series B led by General Catalyst — University education is getting more expensive, and at the moment it feels a bit like a petrie dish for infections … | Stephanie Yang / Wall Street Journal: |
China approves Cisco's purchase of telecom equipment maker Acacia, but says they must fulfill contracts with Chinese clients and keep supplying certain products — Conditional approval removes a regulatory barrier that nearly unraveled deal — China's antitrust regulator approved Cisco …
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Bloomberg, Light Reading, and coinspeaker.com
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