Pray.com, an interfaith social networking app for members of religious communities, has raised a $14 million Series A led by TPG Growth. Previous investors Science Inc. and Greylock Partners also returned for the round, which brings the Santa Monica-based startup’s total funding, including a seed round announced last June, to $16 million. Founded in 2016,
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YouTube is taking action on the proliferation of conspiracy videos found on its platform: YouTube CEO Susan Wojcicki told an SXSW panel Tuesday that the company would be introducing so-called “information cues” sourced from relevant Wikipedia articles on videos that talk about popular conspiracy theories. These will appear as text boxes that can prevent alternative
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Tech Will Save Us, the U.K. startup getting kids excited about technology through a range of ‘hackable’ toys, has raised $4.2 million in Series A funding led by Initial Capital. The round also includes Backed VC, SaatchInvest, All Bright, Unltd-inc, and Leaf VC, along with angel investors Chris Lee (co- founder of Media Molecule), Martin
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A new early-stage VC fund targeting tech startups in the Nordics is getting its official launch today. Founded by serial entrepreneur and Slush Chairman Ilkka Kivimäki​, and former F-Secure and startup executive Pirkka Palomäki​, Helsinki-based Maki.vc will invest in nascent and burgeoning companies in the region, both at seed and Series A stage. The VC
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This will be welcome news for cryptocurrency fans in the U.K. and Europe. Coinbase, one of more popular and accessible cryptocurrency exchanges, has been granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA). From a regulatory standpoint, this means that Coinbase is now able to issue e-money and provide payment services
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YouTube’s mobile app is getting a dark mode. The company announced this morning its dark theme, first introduced on its desktop site last year, is launching today on the YouTube iOS app and arriving soon after on Android. With the setting enabled, YouTube’s background turns from white to black throughout the YouTube experience as you
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Harman and Samsung have entered into a strategic association that will have Harman taking up the SmartThings’ standard and carrying it forward against other Internet of Things products. Announced today, Samsung SmartThings R&D team and HARMAN Connected Services (HCS), a division of HARMAN International, will collaborate on the platform with HCS developing and supporting the
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Tandem, the U.K. challenger bank co-founded by fintech veteran Ricky Knox, continues to be on a shopping spree. Following the purchase of Harrods Bank, the banking arm of the famous luxury British department store, the company is acquiring Pariti, a money management app that has garnered 95,000 users. Terms of the deal remain undisclosed, although
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The United Nations has warned that Facebook’s platform is contributing to the spread of hate speech and ethnic violence in crisis hit Myanmar. It’s yet another black mark against social media at a time when the tech industry’s reputation as an accelerator of false information is attracting criticism from the highest places. This week the government
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WeWork — the co-working startup valued at $20 billion with some 200,000 members across 200 locations globally — is continuing with its strategy of expanding into a wide array of adjacent operations to grow its business. Today the company announced that it will be expanding the coding-focused Flatiron School abroad, starting in London this June. Alongside
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Salesforce is set to buy CloudCraze, an enterprise e-commerce solution built on its cloud-based customer relationship management platform. Based in Chicago, CloudCraze announced on its site that it’s signed a definitive agreement to be acquired by Salesforce. The deal’s financial details were not disclosed. According to Crunchbase, CloudCraze received $30.6 million in funding, including a
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