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Splunk acquires network observability service Flowmill

Data platform Splunk continues to make acquisitions as it works to build out its recently launched observability platform. After acquiring Plumbr and Rigor last month, the company today announced that it has acquired Flowmill, a Palo Alto-based network observability startup. Flowmill focuses on helping its users find network performance issues in their cloud infrastructure in []

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Ignore the social media echo chambers

I hope this election will change the temperament of our nation and its citizens. I hope it will lead more people to ignore the tactics of both political parties and organizations seeking their attention and support.

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Twitter to relaunch account verifications in early 2021, asks for feedback on policy

Twitter announced today it‘s planning to relaunch its verification system in 2021, and will now begin the process of soliciting public feedback on the new policy ahead of its implementation. Under the policy, Twitter will initially verify six types of accounts, including those belonging to government officials; companies, brands and nonprofit organizations; news; entertainment; sports; []

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Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

Marie Ekeland has unveiled her next act - and it‘s a new fund called 2050. But it‘s not your average French VC fund as it‘s going to be an evergreen fund focused on building a better world. It sounds ambitious, but Ekeland isn‘t just daydreaming as she has a detailed action plan. If you‘re not []

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As edtech grows cash rich, some lessons for early stage

Last week, Udemy, an online learning marketplace, raised 50 million at a 3.32 million valuation, up from a 2 million valuation earlier this year. Language learning app Duolingo raised 35 million on a 2.4 billion valuation, up from a 1.65 valuation from earlier this year. The valuation bumps for both Duolingo and Udemy underscore just []

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Decrypted: Apple and Facebook‘s privacy feud, Twitter hires Mudge, mysterious zero-days

Trump‘s election denialism saw him retaliate in a way that isn‘t just putting the remainder of his presidency in jeopardy, it‘s already putting the next administration in harm‘s way. In a stunning display of retaliation, Trump fired CISA director Chris Krebs last week after declaring that there was no evidence that any voting system deleted []

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Learn how to access funding for your startup at TC Sessions: Space 2020

Building tech startups takes cash - and lots of it. But when you‘re talking space startups, you‘re talking galactic-level money. Costs blast right through Earth‘s exosphere and become, literally, astronomical. If space is your jam, you‘re going to need financial help, and you‘ll learn where and how to access it at TC Sessions Space 2020(December []

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SEC issues proposed rulemaking to give gig workers equity compensation

The Securities and Exchange Commission has issued rules that would allow public and private companies to offer equity compensation to gig workers. The rule-making comes just weeks after California voters upheld an initiative that overturned legislation that would have classified gig workers as employees. The initiative replaced employment status with requirements that gig economy companies []

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Following its acquisition by BuzzFeed, HuffPost shuts down its Brazil and India editions

HuffPost is becoming part of BuzzFeed, but HuffPost India and HuffPost Brasil will not be making the transition - both sites are shutting down today. Today is @huffpostIndia‘s last day, tweeted the team‘s editor in chief Aman Sethi. Pound for pound, story for story, reporter for reporter, this is the greatest newsroom I have worked []

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Fortnite adds a 12 monthly subscription bundle

Fortnite‘s free to play model has no doubt been a big driver in the battle royale title‘s stratospheric success. Epic clearly hasn‘t had much issue monetizing the game. While revenue slipped last year, it still managed to pull in a massive windfall of 1.8 billion (down from an even more staggering 2.4 billion). The company []

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India bans 43 more Chinese apps over cybersecurity concerns

India is not done banning Chinese apps. The world‘s second largest internet market, which has banned over 175 apps with links to the neighboring nation in recent months, said on Tuesday it was banning an additional 43 such apps. Like with the previous orders, India cited cybersecurity concerns to block these apps. ‘This action was []

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Tesla is now worth half a trillion dollars

Surging Tesla shares have pushed the company‘s market capitalization to more than 515 billion, a fivefold increase since the start of the year. The traditionally volatile stock has continued to experience price swings. But since reaching a low for the year in March, Tesla‘s share price has been on an upwards trajectory that accelerated in []

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India bans another 43 Chinese apps over cybersecurity concerns

India is not done banning Chinese apps. The world‘s second largest internet market, which has banned over 175 apps with links to the neighboring nation in recent months, said on Tuesday it was banning an additional 43 such apps. Like with the previous orders, India cited cybersecurity concerns to block these apps. ‘This action was []

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Australia‘s spy agencies caught collecting COVID-19 app data

Australia‘s intelligence agencies have been caught incidentally collecting data from the country‘s COVIDSafe contact tracing app during the first six months of its launch, a government watchdog has found. The report, published Monday by the Australian government‘s inspector general for the intelligence community, which oversees the government‘s spy and eavesdropping agencies, said the app data []

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HMBradley raises 18.25 million planting a flag as LA‘s entrant into the challenger bank business

With 90 million in deposits and 18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a novel twist on the banking business. Unlike []

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3 new 100M ARR club members and a call for the next generation of growth-stage startups

Time flies. It was nearly a year ago that The Exchange started keeping tabs on startups that managed to reach 100 million in annual recurring revenue, or ARR. Our goal was to determine which unicorns were more than paper horses so we could keep tabs on upcoming IPO targets. We found that Bill.com, Asana, WalkMe []

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Proxyclick visitor management system adapts to COVID as employee check-in platform

Proxyclick began life by providing an easy way to manage visitors in your building with an iPad-based check-in system. As the pandemic has taken hold, however, customer requirements have changed, and Proxyclick is changing with them. Today the company announced Proxyclick Flow, a new system designed to check in employees during the time of COVID. []

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Three new 100M ARR club members and a call for the next generation of growth-stage startups

Time flies. It was nearly a year ago that The Exchange started keeping tabs on startups that managed to reach 100 million in annual recurring revenue, or ARR. Our goal was to determine which unicorns were more than paper horses so we could keep tabs on upcoming IPO targets. We found that Bill.com, Asana, WalkMe []

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Mobile banking app Current raises 131M Series C, tops 2 million members

U.S. challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised 131 million in Series C funding, led by Tiger Global Management. The additional financing brings Current to over 180 million in total funding to date, and gives the company a valuation of 750 million. The []

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F3, a Stories-style Q&A app for Gen Z teens, raises 3.9M

F3, an anonymous QA app targeting Gen Z teens which blends a Tinder-style swipe-to-friend gamification mechanic, Stories-esque rich media responses and eye-wateringly expensive subscriptions to unlock a Plus‘ version that actually lets you see who wants to friend you has raised a 3.9M seed round, including for a planned push on the US market. []

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Altana raises 7M to protect supply chains from disruptions, child labor

Supply chains used to be one of those magical elements of capitalism that seemed to be designed by Apple: they just worked. Minus the occasional salmonella outbreak in your vegetable aisle, we could go about our daily consumer lives never really questioning how our fast-fashion clothes, tech gadgets, and medical supplies actually got to our []

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Adobe expands customer data platform to include B2B sales

The concept of the customer data platform (CDP) is a relatively new one. Up until now, it has focused primarily on pulling data about an individual consumer from a variety of channels into a super record, where in theory you can serve more meaningful content and deliver more customized experiences based on all this detailed []

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Two-year-old Day One Ventures raises new 52.5M fund to invest in Valley startups

Back in 2018 Day One Ventures launched in Silicon Valley specifically designed to be both a VC and an investor that would also lead marketing and communications for its portfolio. Two years on, Day One has invested in numerous startups to do just that and has today filed with the SEC its new 52.5M fund. []

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5 top investors in Dutch startups discuss trends, hopes and 2020 opportunities

The Netherlands‘ ecosystem has been flourishing; more than 85 million was invested in regional startups in 2019 alone. The nation‘s proximity to the U.K., Belgium, France and Germany makes Amsterdam a natural gateway to those markets. Long ago the savvy Dutch realized this, and built up Schiphol to become the world‘s twelfth-busiest airport. Indeed, Amsterdam‘s []

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