Facebook rolls out new tools for Group admins, including automated moderation aids – TechCrunch

Facebook today introduced a new set of tools aimed at helping Facebook Group administrators get a better handle on their online communities and, potentially, help keep conversations from going off the rails. Among the more interesting new tools is a machine learning-powered feature that alerts admins to potentially unhealthy conversations taking place in their group.…

Lordstown Motors execs cite binding orders to restore confidence a day after CEO, CFO resignations – TechCrunch

Lordstown Motors has enough “binding orders” from customers to fund limited production of its electric pickup truck through May 2022, executives at the company said Tuesday just a day after an executive shakeup that included the resignation of the company’s CEO and CFO. Reaching that goal will come at a cost. The company is putting…

Kai-Fu Lee’s Sinovation bets on Linux tablet maker Jingling in $10M round – TechCrunch

Kai-Fu Lee’s Sinovation Ventures has its eyes on a niche market targeting software developers. In April, the venture capital fund led a $10 million angel round in Jingling, a Chinese startup developing Linux-based tablets and laptops, TechCrunch has learned. Other investors in the round included private equity firm Trustbridge Partners. Jingling was founded only in…

Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2 – TechCrunch

Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth, Provident Growth and Indies Capital. About 90% of vehicles sold through Carro are secondhand,…