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HelloFresh, the Berlin-based cooking kit delivery company, priced its IPO at the middle of its expected range at €10.25, or roughly $11.91. This means that the company could raise up to €318 million in the offering, or $369 million, assuming underwriters exercise what’s called a greenshoe option. It would value the company at nearly $2 billion, or €1.7 billion, which is below the last private
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After months of preparation, startups will gather at St. James Palace in London to compete in the Pitch@Palace pitch-off. TechCrunch will be broadcasting the competition live here beginning at 5:30 p.m. PT. The Pitch@Palace competition has toured a number of cities, including Aberdeen, Bristol and Oldham, giving startups an opportunity to hone pitches and be
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Despite Facebook’s effort to rapidly self-regulate in the wake of Russian interference in the U.S. election using Facebook ads, CEO Mark Zuckerberg says he would support government regulation if implemented properly. Meanwhile, Facebook elevated its expense estimates for 2018 to fund security hiring. “We’re working with Congress on legislation to make advertising more transparent. I
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Trip.com, a travel discovery app formerly known as Gogobot, is getting acquired amid a flurry of activity surrounding trip discovery tools and companies — and the emerging presence of Airbnb’s foray into finding experiences. The acquisition comes amid the specter of Airbnb, which has been explicit about looking to become an “experience” engine. If you
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Michigan-based Altair Engineering is off to the races in its public debut. After pricing shares at $13, the enterprise software company raised $156 million.  Then Altair saw its shares soar over 40% to close at $18.31 during the first day of trading. The company, which has been around since 1985 has built “software focused on simulation
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Facebook detailed the extent of Russia’s election interference campaign on Instagram today during its second congressional hearing. Facebook general counsel Colin Stretch said that 120,000 posts by Russian election attackers reached 16 million Americans from October through the election, and the posts reached an additional 4 million Americans prior to October when Facebook has less
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InVision, the design collaboration tool based out of New York, has today announced the close of a $100 million Series E funding round. The financing was led by Battery Ventures, with participation from existing investors Accel, Tiger Global Management, Firstmark and ICONIQ Capital, along with new investors Spark Capital and Geodesic. InVision launched back in
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The rumors had it right: Sony is rebooting its robot dog, Aibo, announcing a new four-legged companion AI-powered bot incoming with the same brand name but more rounded corners and visible facial features for extra kawaii, including a pair of expressive, puppy-dog eyes. Deep learning tech, fish-eye cameras and a series of other embedded sensors enable
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