Epic Games CEO Tim Sweeney, whose high-profile antitrust lawsuit against Apple is now under appeal, is today calling out the iPhone maker for giving itself access to an advertising slot its competitors don’t have: the iPhone’s Settings screen. Some iOS 15 users noticed Apple is now advertising its own services at the top of their…
Zūm, a startup that provides optimized transportation services for school-age children, has announced the close of a $130 million Series D raise, bringing its total funding to more than $200 million. The company intends to use the funds to add 10,000 new electric vehicles to its platform with the end goal of achieving 100% EVs…
Getsafe has extended its Series B round that it previously announced in December 2020. In addition to its original Series B round of $30 million, the company is adding another $63 million in fresh capital. Overall, Getsafe has raised a $93 million Series B round. Investors in today’s funding round include unnamed family offices as…
Twitter announced Wednesday that it would offload MoPub, the mobile ad platform it bought back in 2013, selling the company to mobile game and marketing software maker AppLovin. Twitter paid around $350 million for MoPub back in 2013 and will sell the company for $1.05 billion in cash. MoPub helped Twitter bring in around $188…
Will Uppington Contributor Will Uppington is the CEO and co-founder of TruEra. The European Commission announced first-of-its-kind legislation regulating the use of artificial intelligence in April. This unleashed criticism that the regulations could slow AI innovation, hamstringing Europe in its competition with the U.S. and China for leadership in AI. For example, Andrew McAfee wrote…
Spanish ride-hailing unicorn Cabify is getting into grocery deliveries as it looks to add another string to its multi-modal mobility and urban utility bow. It announced the addition of a ‘Super’ option in its app today — which is available for users in nine cities in its home market, namely: A Coruña, Alicante, Barcelona, Madrid,…
While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa, CEO and co-founder of Autify, came to realize that there’s one common problem in the software development industry; software testing takes excessive time. Chikazawa and co-founder Sam Yamashita started Autify in 2016 in San Francisco to…
Ride-hailing giant Uber is facing a legal challenge over its use of real-time facial recognition technology in a driver and courier identity check system that it uses in the UK. The App Drivers & Couriers Union (ADCU) announced the legal action Tuesday, alleging that Uber’s biometric identity checks discriminate against people of color. The union…
Facebook’s hours-long outage on Monday may have hurt the company, its founder, shareholders, and many businesses that rely on the social juggernaut’s services. But for its instant messaging rivals, it was a very good day. Telegram founder and chief executive Pavel Durov said on Tuesday that his instant messaging app added a staggering 70 million…
Keeping a small sales business afloat in Latin America can involve long bus trips to find new products, lack of working capital and payment difficulties. These inefficiencies then trickle up to wholesalers who then have to raise costs and deadlines for deliveries. This caught the attention of second-time entrepreneurs Bruno Ballardie and Fernando Zanatta, who…
