Grab, the $16 billion-valued ride-hailing firm that acquired Uber’s Southeast Asia business last year, is in talks with Alibaba’s Ant Financial and PayPal as it considers spinning out of its financial services unit to double down on its non-transportation business, TechCrunch has learned. The seven-year-old company’s coming-of-age moment was a deal to buy Uber’s regional…
There’s little arguing that artificial intelligence is one of the hottest sectors of the tech industry. From recommending personalized content in your YouTube feed to translating text, diagnosing cancer and driving cars, the number of domains that the AI industry is touching is constantly expanding. With so much hype and money surrounding the AI industry,…
If your online e-commerce business is running over the Magento platform, you must pay attention to this information. Magento yesterday released new versions of its content management software to address a total of 37 newly-discovered security vulnerabilities. Owned by Adobe since mid-2018, Magento is one of the most popular content management system (CMS) platform that…
Now you can search Facebook for how much Trump has spent on ads in the past year, which Pages’ ads reference immigration or what a Page’s previous names were. It’s all part of Facebook’s new Ad Library launching today that makes good on its promise to increase transparency after the social network’s ads were used…
Betaworks Studios, the brainchild of New York City seed-stage venture capital fund Betaworks, has amassed the support of WeWork, or The We Company, as they now call themselves. JLL Spark Ventures and the co-working giant have led co-led a $4.4 million investment in the membership-based co-working club described as a supportive community for builders. Betaworks…
A revealing cluster of emails reviewed by Business Insider and Channel 4 News offers a glimpse at the fairly chaotic process of how Facebook decides what content crosses the line. In this instance, a group of executives at Facebook went hands-on in determining if an Instagram post by the conspiracy theorist Alex Jones violated the…
Ellevest, a digital investment platform specifically focused on helping women meet their financial goals, has raised an additional $33 million in a new round led by Rethink Impact and PSP Growth. The funding includes a handful of notable, new investors including Melinda Gates’s investment fund Pivotal Ventures; PayPal; Wynn Resorts co-founder Elaine Wynn; former Google…
Fresh from picking up a majority stake in Europe-based The Next Web, the Financial Times is buying another tech blog. The newspaper, which was founded in 1888, is adding Singapore-based Deal Street Asia to its roster with a deal expected to close in April, according to three sources with knowledge of discussions. Founded in 2014…
The same day the Human Rights Campaign downranked the company in its index of the best LGBTQ-friendly employers, Google decided to yank a controversial app accused of promoting conversion therapy from the Play Store. On that list, known as the Corporate Equality Index, the HRC, a prominent LGBTQ rights organization, included a footnote that it…
Next week, insurgent ridesharing provider Lyft will commence its long-awaited initial public offering (IPO). An IPO marks the point when a company makes its shares available on a public stock exchange, and Lyft is releasing 32.5 million shares costing $72 apiece. That values the company at a cool $24.3 billion. Lyft plans to list on…
