Cube, a startup that aims to help companies “plan their financial future,” has raised $30 million in a Series B funding round led by Battery Ventures. Existing backers Mayfield Fund, Bonfire Ventures and Operator Collective participated in the financing, along with new strategic investor GTMfund. The round brings the company’s total amount raised to $45 … Read more
The European Union is considering how to respond to a major blow to its antitrust enforcement after a Luxembourg court sided with chipmaker Qualcomm — which had appealed a €997 million ($1 billion+) fine the EU charged in 2018. had raised her. At the time, the bloc’s competition regulator concluded that Qualcomm had abused its … Read more
The banking sector is not always welcoming to startups, depending on the market outlook. As inflation mounts and companies prepare for the worst, once-promising neobanks are forced to face the music. For example, Varo Bank, the first neobank to receive a US banking charter, recently revealed that it may run out of money by the … Read more
The ‘big layoff’, the trend of employees leaving their jobs at a higher than normal rate, continues unabated. According to a May PwC survey, 20% of workers said they are likely to change jobs in the next 12 months, while about 35% plan to ask their employers for a pay rise in the next year. … Read more
Pok Pok, a Toronto-based edtech company, announced it has raised $3 million in seed funding to expand its play-based learning experiences for kids. The company was founded in 2019 after it emerged from Snowman, the small studio behind the award-winning iOS games Alto’s Adventure, Alto’s Odyssey, Skate City and others. The idea for Pok Pok … Read more
In an effort to present itself as a viable competitor to the ruling short video platform TikTok, YouTube today announced that its rival service YouTube Shorts is now viewed by more than 1.5 billion logged-in users each month, less than two years after its launch. In comparison, TikTok announced 1 billion monthly users in September … Read more
Blac Chyna’s attorney responded to the Kardashian-Jenners’ request, demanding that she pay them more than $391,000 in legal fees. Lynne Ciani, who represented Chyna in her recent two-week trial against the reality TV stars, told Vidak For Congress in an exclusive statement on Tuesday that the family “cannot reclaim” her client (née Angela White)’s legal … Read more
Tom Hiddleston finally confirmed his engagement to Zawe Ashton three months after getting down on one knee. “I’m very happy,” the actor told the Los Angeles Times in an interview published Tuesday. Hiddleston, 41, sparked speculation in March that he had proposed to the 37-year-old actress when they were photographed at the BAFTA Awards in … Read more
Postscript, an SMS marketing company, has raised $65 million in Series C funding and will usher in brands in more ways to personally connect with their customers. We checked in with the company earlier last year when it raised $35 million in Series B funding to continue helping Shopify stores connect with customers via SMS. … Read more
Metropolis, a startup building payment infrastructure for parking facilities, today announced it has raised $167 million in a Series B round co-led by 3L Capital and Assembly Ventures with participation from Dragoneer, Eldridge Industries, Silver Lake Waterman, UP Partners and former Deputy Mayor of New York Dan Doctoroff. CEO Alex Israel told Vidak For Congress … Read more