PayPal-backed money lender Tala raises $110M to enter India

Tala, a Santa Monica, California-headquartered startup that creates a credit profile to provide uncollateralized loans to millions of people in emerging markets, has raised $110 million in a new financing round to enter India’s burgeoning fintech space. The Series D financing for the five year-old startup was led by RPS Ventures, with GGV Capital and […]

Shazam data is powering Apple Music’s newest chart, the Shazam Discovery Top 50

Apple continues to make use of Shazam, the music recognition app it acquired for $400 million in 2018. Earlier this month, Apple publicly launched its Music for Artists dashboard, which included insights powered by Shazam data. Today, Apple announced that Shazam data will also now power a new Apple Music chart: the Shazam Discovery Top […]

Yubico launches its dual USB-C and Lightning two-factor security key

Almost two months after it was first announced, Yubico has launched the YubiKey 5Ci, a security key with dual support for both iPhones, Macs and other USB-C compatible devices. Yubico’s latest Yubikey is the latest iteration of its security key built to support a newer range of devices, including Apple’s iPhone, iPad, and MacBooks in […]

Developers accuse Apple of anti-competitive behavior with its privacy changes in iOS 13

A group of app developers have penned a letter to Apple CEO Tim Cook, arguing that certain privacy-focused changes to Apple’s iOS 13 operating system will hurt their business. In a report by The Information, the developers were said to have accused Apple of anti-competitive behavior when it comes to how apps can access user […]

Twitter leads $100M round in top Indian regional social media platform ShareChat

Is there room for another social media platform? ShareChat, a four-year-old social network in India that serves tens of million of people in regional languages, just answered that question with a $100 million financing round led by global giant Twitter . Other than Twitter, TrustBridge Partners, and existing investors Shunwei Capital, Lightspeed Venture Partners, SAIF […]

GradJoy is a Y Combinator-backed fintech to help you knock out your student loans

The right people to solve the trillion-dollar student debt crisis might be the ones who are suffering from it the hardest. If you’re a recent college graduate, there’s a 50% chance you took on debt when you moved off campus. If you’re like the average student borrower, you graduated with $29,800 of loan debt, and […]

How about earning crypto tokens to carbon-offset your Uber rides?

Most of us, by now, are aware that all sorts of crazy stuff is happening to the planet’s climate, and the blame is pretty much universally recognized as lying with humans pumping more and more carbon into the atmosphere. Scientists are now saying tree planting, for instance, has to happen very, very quickly if we […]

Facebook’s human-AI blend for audio transcription is now facing privacy scrutiny in Europe

Facebook’s lead privacy regulator in Europe is now asking the company for detailed information about the operation of a voice-to-text feature in Facebook’s Messenger app and how it complies with EU law. Yesterday Bloomberg reported that Facebook uses human contractors to transcribe app users’ audio messages — yet its privacy policy makes no clear mention […]

Facebook denies making contradictory claims on Cambridge Analytica and other ‘sketchy’ apps

Facebook has denied contradicting itself in evidence to the UK parliament and a US public prosecutor. Last month the Department for Digital, Culture, Media and Sport (DCMS) committee wrote to the company to raise what it said were discrepancies in evidence Facebook has given to international parliamentarians vs evidence submitted in response to the Washington, DC […]

WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions

Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures, the investment arm of state-owned Indonesian telecom Telkom Indonesia, Rakuten Capital and VentureSouq also participated as new strategic investors. According to Crunchbase, this brings QFPay’s total raised so […]