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Documents and sources shed light on widespread mismanagement and misconduct at Oomba, which before closing, built software for organizing esports tournaments
Percepto, which builds drones for applications in industrial purposes, raises $45M Series B and integrates its Sparrow drones with Boston Dynamics' Spot
Full Truck Alliance, a Chinese startup which provides an Uber-like service for the trucking industry, raises $1.7B, source says at a ~$12B valuation
Sources: after the election, Zuckerberg agreed to temporarily tweak Facebook's algorithm to make authoritative news like CNN and NYT appear more prominently
Cars24, which operates a used-car marketplace in India, raises $200M Series E led by DST Global at a $1B+ valuation
AppsFlyer, which helps businesses evaluate ad campaign performance, extends its Series D from $210M to $225M+ from Salesforce and others at a $2B valuation
Mobile banking app Current raises $131M Series C led by Tiger Global Management, giving it a valuation of $750M, and touts over 2M members
Sources: WaPo is nearing 3M digital subscribers, up 50% YoY; NYT has tripled digital-only subscribers since 2016 to 6.1M
Court filings show Amazon defeated a lawsuit where eBay had claimed that Amazon coordinated a campaign to poach sellers from its platform
theverge.com · 2 hours ago
Amazon says it is partnering with US government's counterfeit watchdog to conduct "targeted inspections" of suspected fake goods
bloomberg.com · 2 hours ago
Researchers: Baidu Maps and the Baidu App, with ~1.4B downloads globally, were leaking sensitive user data; Baidu Maps remains removed from Google's Play Store
Twitter says it will relaunch account verifications in early 2021 for six categories, including news, companies, and government officials, and asks for feedback
Home insurance tech startup Hippo says it has raised $350M in new financing from Japan-based MS&AD Insurance, following its $150M Series E in July
Apple's M1 Macs are impressive but some may want to pass on them for now due to incompatibility or stability issues with apps like Matlab, Parallels, and Docker
Many of Parler's biggest cheerleaders, who repeatedly denounce the incumbent social networks, are more active on Twitter and Facebook than Parler
Behind the rise of TikTok's teen stars, content houses, and the D'Amelios, who this year have focused on establishing themselves as the first family of TikTok
Kea, which is building an automated voice assistant for restaurants to process routine orders, raises $10M Series A led by Marbruck
Boulevard, a spa management and payment platform, raises $27M Series B led by Index Ventures and Toba Capital
Paris-based GrAI Matter Labs, which is working to bring fastest AI per watt for edge computing with its GrAI One accelerator chip, raises $14M led by iBionext
Last month Intel quietly shut down Intel Studios, its 10,000-square-foot AR/VR volumetric capture stage in LA that opened in 2018
Google Pay will no longer support send/receive money functionality from web app, starting January 2021, also adds 1.5% fee on instant transfers via debit card
Twitter will now show a warning when someone tries to like a tweet labeled for misinformation, says such warnings decreased quote retweets of misinfo by 29%
Amazon says it is rolling out fitness-tracking features to its Echo Buds, letting users track the duration of a workout, estimated calories burned, and more
cnbc.com · 23 hours ago