RRE Ventures has raised $265 million for its latest fund. The firm was founded back in 1994, and this is its seventh fund (eighth if you include a separate “opportunity” fund for making follow-on investments). Exits in the last few years include Bitly (acquired by Spectrum Equity), Business Insider (acquired by Axel Springer) and TapCommerce […]

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BigID announced a big $30 million Series B round today, which comes on the heels of closing their $14M A investment in January. It’s been a whirlwind year for the NYC data security startup as GDPR kicked in and companies came calling for their products. The round was led by Scale Venture Partners with participation […]

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India’s PolicyBazaar, which runs a digital insurance business of the same name and a lending marketplace called PaisaBazaar.com, is the latest company to join SoftBank’s $100 billion Vision Fund after it announced a new funding round of over $200 million. The deal was led by the Vision Fund with participation from existing investors including InfoEdge, the company […]

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Another legacy carrier built on offering phone services is now taking a deeper dive into the world of advertising and specifically ad tech to help catapult itself into the next generation of tech and communications. Today, AT&T confirmed that it is buying AppNexus, a programmatic advertising marketplace that competes against the likes of Google and […]

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Apple News has a new old mission: Curating political news and analysis by paying a team of experienced human editors to quality-assess journalism, rather than letting unchecked algorithms run wild and exaggerate anything — no matter how awful, obnoxious or untrue. ‘Fakebook’ eat your heart out. Apple says human curation is not a new direction […]

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It’s not often you can get three cloud giants like Amazon, Microsoft and Salesforce to agree on much of anything, but today they were all part of a $27 million Series C investment in Tact.AI, a startup that has been trying to change the way sales people interact with information in CRM systems using voice. […]

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Brian Brackeen Contributor Share on Twitter Brian Brackeen is the chief executive officer of the facial recognition software developer Kairos Recent news of Amazon’s engagement with law enforcement to provide facial recognition surveillance (branded ‘Rekognition’), along with the almost unbelievable news of China’s use of the technology means that the technology industry needs to address […]

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Uber is in court in the UK today to try to overturn a decision by London’s transport regulator last fall to withdraw its license to operate in the city — where it claims to have some 3.5 million regular users. Its appeal is being heard in Westminster Magistrates Court from today, with the hearing expected […]

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By the middle of this week, all Amazon Prime members will have access to discounts at Whole Foods Market stores across the U.S. — finishing a nationwide rollout that’s part of the retailer’s master plan to dominate physical and virtual commerce in America. All Prime members will receive 10% off hundreds of sale items and […]

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It looks like Indonesian ride-hailing firm Go-Jek will finally initiate its long-awaited expansion in Southeast Asia over the next month. The company announced today that it’ll launch businesses in Vietnam and Thailand under the names of Go-Viet and Get, respectively, using a model that sees local founders run each business independently with backing from local […]

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Tencent, the $500-billion Chinese internet giant, is increasing its focus on open source after it became a platinum member of the Linux Foundation. The company has long been associated with the foundation and Linux generally, it is a founding member of the Linux Foundation’s deep learning program that launched earlier this year, and now as a […]

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Singapore’s upcoming licensing for dock-less bike-sharing services has claimed its first scalp after oBike — a Singapore-based company run by Chinese founders — announced that it would cease its service in the country ahead of the implementation of regulations. The Land Transport Authority (LTA) is introducing measures to protect Singapore’s streets from a glut of […]

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After months of speculation, Meituan, the largest service booking app in China, confirmed that it has filed for a public offering. The company’s IPO application was submitted to the Hong Kong stock exchange earlier today and is being sponsored by Goldman Sachs, Morgan Stanley and Bank of America Merrill Lynch. A spokesperson for Meituan said […]

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“So what’s going on here then?” I ask. “Two good friends just got even better [friends],” replies TransferWise co-founder Kristo Käärmann laughing, while Monzo co-founder Tom Blomfield, who is also on the video call, smiles approvingly. “Sorry for spoiling your news,” I tell the pair, who I’m interviewing ahead of an announcement today that the […]

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Suppressed in Japan. Championed in New York. Accused of betraying the billion-dollar community he created with an arcane and byzantine ritual, while accidentally solving — maybe — a transnational clandestine mining mystery. All this while leading the rollout of some of the world’s most cutting-edge cryptographic technology into production. It’s been an interesting six months […]

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