Jeff Bezos just can’t get away from labor issues. The beleaguered billionaire, who has faced repeated and persistent criticism over working conditions at the company he formerly led, Amazon, is now facing allegations of a hostile work environment at his space company Blue Origin. An essay jointly composed by 21 current and former employees paints…
OfBusiness, a commerce startup that sells industrial goods and provides small businesses with credit, has doubled its valuation in less than two months to $3 billion. Tiger Global led the six year-old startup’s $207 million Series F round, and SoftBank and Alpha Wave participated in it, OfBusiness said. The new investment comes just two months…
Incident.io has raised a $4.7 million funding round led by Index Ventures and Point Nine. When your company is facing an outage or a data breach, Incident.io provides the right framework to communicate about the issue — both internally and externally — and make sure it is resolved as quickly as possible. In addition to…
After a decade of a handful of dominant social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing — in a few different directions at once. Content creators (arguably either a special echelon of influencers or anyone who…
Folks in the UK looking for a show or movie to stream have even more options at their disposal. is now available in the country. The free, ad-supported service offers a mix of originals and popular movies and shows from elsewhere, as notes. Alongside IMDB TV’s own projects such as Luke Bryan: My Dirt Road…
Energize Ventures, an early and growth-stage venture fund, has announced the closing of its second fund with total capital commitments of $330 million. Fund II will be used to help scale and commercialize software across renewable energy, mobility, cybersecurity, battery storage, critical infrastructure and climate resiliency. The fund, which is worth exactly double what Energize…
Millennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s building a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, contents, and accident insurance geared to the lifestyles of younger…
Peter Relan is not exactly a household name, but he has seen a lot over the course of his career and enjoyed a fair amount of success. A Stanford grad who logged time at Hewlett-Packard and Oracle before becoming the CTO of the ill-fated, bubble-era company Webvan, Relan has, in more recent years, become known…
Amazon held an event this morning, and wow-oh-wow did they announce a lot. Smart thermostats! Flying security cameras! Robot companions! Didn’t tune in or have time to catch it all? Here’s a recap of the biggest news: Smart Thermostat Image Credits: Amazon Amazon is building a thermostat, partnering with Honeywell to get it done. It’ll…
Australia’s competition watchdog is the latest to push for legal powers to curb Google’s dominance in the adtech sector. It has made the call as it published its final report on an inquiry examining competition concerns in the digital advertising sector. In the report, the Australian Competition and Consumer Commission (ACCC) concludes that new regulatory…
