Why we’re looking into the Mueller report

After nearly two years of investigation and months of delays — not to mention partisan bickering the whole time, Special Counsel Robert Mueller’s report on the president’s campaign and Russian interference in the 2016 election is out today. We’re not a politics news site but we’re still looking into it — tech has figured more […]

Grab plans to raise $2B more this year to fund an acquisition spree in Southeast Asia

Always be raisin’. That appears to be the motto of Southeast Asia’s ride-hailing companies Grab and Go-Jek. Fresh from closing a near-$1.5 billion raise from SoftBank’s Vision Fund as part of a huge, multi-billion Series H deal, Grab said today that it plans to extend the round to $6.5 billion to amp up its battle […]

Australia passes law to hold social media companies responsible for “abhorrent violent material”

“This law, which was conceived and passed in five days without any meaningful consultation, does nothing to address hate speech, which was the fundamental motivation for the tragic Christchurch terrorist attacks,” Sunita Bose, the managing director of the Digital Industry Group, which represents social media companies told The New York Times . Social media companies […]

Google reshuffles its leadership in Asia Pacific

There’s a changing of the guard within Google’s Asia Pacific business. In recent weeks, personnel changes within two of its most important roles show the search giant is entering a new era of management for its fast-growing business across the continent. Scott Beaumont, a British executive who previously ran Google in China and Korea, stepped […]

Forge acquires IRA Services to expand offering for private company shares

Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million. IRA Services is a trust company that provides custodial services for retirement accounts managed by individuals and mid-to-large sized Institutions. Stripped of financial jargon, the […]

Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

Where to begin… Netflix darling Marie Kondo is hitting up Sand Hill Road in search of $40 million to fund an ecommerce platform, Y Combinator is giving $150,000 to a startup building a $380,000 flying motorcycle (because why not) and Jibo, the social robot, is calling it quits, speaking to owners directly of its imminent […]

Warung Pintar raises $27.5M to digitize Indonesia’s street vendors

The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar company helping street stall traders to tap the internet, so Warung Pintar, another startup helping digitize the country’s vendors, has pulled in $27.5 million for growth. Bukalapak […]

Ciitizen raises $17 million to give cancer patients better control over their health records

Ciitizen, the company founded by the creators of Gliimpse (an Apple acquisition that’s been incorporated into the company’s HealthKit) which is developing tools to help patients organize and share their medical records, has raised $17 million in new funding. Ciitizen, like Gliimpse before it, is an attempt to break down the barriers that keep patients […]

Facebook’s got 99 problems but Trump’s latest “bias” tweet ain’t one

By any measure Facebook hasn’t had the best of years in 2018. But while toxic problems keep piling up and, well, raining acidly down on the social networking giant — from election interference, to fake accounts, faulty metrics, security flaws, ethics failures, privacy outrages and much more besides — the silver lining of having a core […]

Putting the band back together, ExactTarget execs reunite to launch MetaCX

Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers. The former president of ExactTarget and later chief executive of Salesforce Marketing Cloud has made billions of dollars building products to help support customer service, and now he’s back at it […]