New York City’s new biometrics privacy law takes effect

A new biometrics privacy ordinance has taken effect across New York City, putting new limits on what businesses can do with the biometric data they collect on their customers. From Friday, businesses that collect biometric information — most commonly in the form of facial recognition and fingerprints — are required to conspicuously post notices and […]

Clearview AI ruled ‘illegal’ by Canadian privacy authorities

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Lawsuits allege Microsoft, Amazon and Google violated Illinois facial recognition privacy law

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Impossible Foods rolls out to nearly 1,000 new grocery stores and supermarkets

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Rivian adds $1.3 billion in funding for its electric utility and adventure vehicles

American automotive technology startup Rivian has raised $1.3 billion in new funding, the company announced today. The new investment is the fourth round of capital announced by the company in 2019 alone, following prior announcements of $700 million led by Amazon, $500 million from Ford (which includes a collaboration on electric vehicle technology) and $350 […]

Political ‘fixer’ Bradley Tusk closes second fund on $70M

Tusk Venture Partners, the venture capital firm led by Bradley Tusk and managing partner Jordan Nof, has secured $70 million for its second flagship fund, the firm has confirmed to TechCrunch following a report by Fortune this morning. Fundraising for the effort began in January, when the pair filed paperwork with the U.S. Securities Exchange […]

Facebook could face billions in potential damages as court rules facial recognition lawsuit can proceed

Facebook is facing exposure to billions of dollars in potential damages as a federal appeals court on Thursday rejected Facebook’s arguments to halt a class action lawsuit claiming it illegally collected and stored the biometric data of millions of users. The class action lawsuit has been working its way through the courts since 2015, when […]

Which public US universities graduate the most funded founders?

Joanna Glasner Contributor More posts by this contributor Big revenues, huge valuations and major losses: charting the era of the unicorn IPO Some reassuring data for those worried unicorns are wrecking the Bay Area A lot of students attend public universities to lessen the financial burden of higher education. At last tally, tuition and fees […]

Nigeria’s Gokada raises $5.3M round for its motorcycle ride-hail biz

In many large cities across Africa, motorcycle taxis are as common as yellow cabs in New York. That includes Lagos, Nigeria, where ride-hail startup Gokada has raised a $5.3 million Series A round to grow its two-wheel transit business. Gokada has trained and on-boarded more than 1,000 motorcycles and their pilots on its app that […]

Following a record year, Illinois startups kick off 2019 on a strong foot

Illinois’s startup market in 2018 was very strong, and it’s not slowing down as we settle into 2019. There’s already almost $100 million in new VC funding announced, so let’s take a quick look at the state of venture in the Land of Lincoln (with a specific focus on Chicago). In the chart below, we’ve […]