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INSIKT raises 50 million to lend to low-income communities

Loans can be the hardest to get for the people who need them the most. Anestimated 45 million Americans don‘t have a credit scoreand others have trouble bringing up their scores, even if they are in a better financial position than in years past. While most lenders would consider low-income families with bad credit scores to be too risky, a startup called INSIKT believes that it Read More

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Twitter says Russians spent ~1k on six Brexit-related ads

Twitter has disclosed that Russian-backed accounts spent 1,031.99 to buy six Brexit-related ads on its platformduring last year‘s European Union referendum vote. Read More

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Here are the deadlines for all your online holiday shopping orders

While some folks still head to the stores on Black Friday and throughout December, many of us are turning to the web for Christmas shopping. Just one complication: shipping tends to bottleneck during the holidays and some gifts simply don‘t arrive on time. But we‘ve sorted all that out for you. Here are the order deadlines for folks buying their gifts online who want them delivered Read More

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Pepsi one-ups Budweiser brewer by ordering 100 Tesla electric semi trucks

PepsiCo is the latest company to reveal that it‘s placed orders for Tesla‘s forthcoming electric semi-truck - and also the company with the largest order so far. The beverage company has ordered 100 of the trucks per Reuters, meaning it‘s placed at least a 20,000 deposit for each of those since Tesla rose the downpayment amount for its original 5,000 starting Read More

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Nasty Gal founder Sophia Amoruso just raised venture funding for her new company

Sophia Amoruso famously founded the retailer Nasty Gal, growing it from an Ebay store that sold vintage items to a darling of the fashion world that was seeing 100 million in sales just six years later. Somewhere along the way, however, Nasty Gal lost its way. After raising 65 million over the years including from Index Ventures and renowned retail executive Ron Johnson Read More

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Commission Impossible, part two: How enemies gathered around net neutrality

One would think that the classification of internet providers as telecoms or not, and which federal agency has authority over them, is about as in the weeds as it gets. But it is a symptom of the times in which we live that no issue, however technical, provincial, or jurisdictional, can escape being swept up in the eternal hurricane of partisan politics. Read More

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Google Assistant is coming to older Android phones and tablets

The Google Assistant, Google‘s take on Siri, Cortana and Alexa without the approachable name, has long been available on most modern phones and tablets. But given the fragmentation of the Android ecosystem, many older devices will never get the newer versions of Android that actually feature built-in support for the Assistant. Now, however, Google is bringing support for its Read More

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Why content crowdfunder Patreon is halting its hated fee change

Overhauling the creative economy turns out to be quite tricky. Following massive backlash, Patreon is at least temporarily pausing its plan to change its payment processing fee stucture on December 18th from charging creators 2%-10% on the first of the next month to charging patrons 2.9% plus 0.35 per transaction up front and on the monthly anniversary of their first pledge beyond the 5% Read More

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Aurora Flight Sciences demonstrates a fully autonomous helicopter in action

Aurora Flight Sciences is a company working on making full-scale autonomous combat craft a reality, and now some of its work is ready for prime time. The company showed off an autonomous helicopter created to demonstrate its Autonomous Aerial Cargo Utility System contribution for the Office of Naval Research‘s ongoing work in the field, and it successfully navigated a UH-1H helicopter Read More

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Fanchest raises 4M in seed funding to become the best gift for sports fans

Here‘s a great present for a sports fan this holiday season: Fanchest is a Brooklyn-based startup that curates and sends team-themed gift boxes as gift. The boxes start at 59 and include about 80 worth of apparel and gear from whatever pro or college team you choose. Today the startup has announced 4M in seed funding with a diverse group of investors like New Orleans Saints Read More

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Lily raises 2M from NEA and others for a personal stylist service that considers feelings, not just fit

One of the reasons recently IPO‘d Stitch Fix became so popular among female shoppers is because of how it pairs the convenience of home try-on for clothing and accessories with a personal styling service that adapts to your tastes over time. But often, personal stylists bring their own subjective takes on fashion to their customers. A new startup called Lily aims to offer a more Read More

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Mario Bear has come to save 2017

It‘s been a long year - it feels like it actually spanned about 50, in fact. But now, at the end, some relief: Mario Bear. Yes, it‘s just a bear from Build-A-Bear Workshop. And a brand collaboration,‘ that horrific thing that usually just means some executives get a larger Christmas bonus and more people are convinced to part with their hard-earned money on Read More

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Target is buying Alabama-based, same-day delivery service Shipt for 550 million

Target, America‘s other favorite old-line retailer (the one that‘s not Walmart, with the arguably better commercials), is buying the Alabama-based delivery startup Shipt in a 550 million all-cash transaction. The deal, announced today, is another example of how every single store in America is responding to the very real threat that Amazon will drink their milkshake and eat Read More

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Aiming to be the LinkedIn for creatives, The Dots raises 4m

Professional social networks like LinkedIn have long been a mainstay of business, but what if you are more of a creative bent where LinkedIn looks pretty stuffy? In the US, Behance, a network for creatives raised 6.5m in the past and now the general idea has moved across the pond in the shape of The Dots. Aimed at the so-called No Collar‘ professionals (creatives in T-shirts, if Read More

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Berlin‘s Joblift raises 10M to attack legacy sites, in a round led by DN Capital

Joblift, a European job site in the UK, Germany, France and the Netherlands, has raised 10 million in a funding round led by the London/Berlin VC DN Capital. The round was joined by Picus Capital and existing investors Cherry Ventures, btov and TruVenturo. The fundraising brings the total raised by two-year old Joblift to 12m. The Berlin-based startup aggregates jobs data from multiple Read More

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Click-to-WhatsApp messaging buttons are now rolling out in Facebook ads

WhatsApp has always said that it has no plans to put ads into its own app, but this is not stopping Facebook, which now owns WhatsApp, from figuring out other ways of monetizing the hugely popular messaging service. Today, Facebook is launching a new ad unit that will let businesses create a link between the two platforms: advertisers can now include a button on their ads so that people can Read More

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Target is buying Alabama-based same-day delivery service Shipt for 550 million

Target, America‘s other favorite old-line retailer (the one that‘s not Walmart, with the arguably better commercials), is buying the Alabama-based delivery startup Shipt in a 550 million all-cash transaction. The deal, announced today, is another example of how every single store in America is responding to the very real threat that Amazon will drink their milkshake and eat Read More

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T-Mobile plans pay TV service in 2018 fueled by Layer3 TV acquisition

T-Mobile is getting into the paid TV business, with the acquisition of Layer3 TV, a TV tech company, and plans announced to launch its own offering sometime next year. T-Mobile‘s John Legere revealed the pay TV ambitions for the so-called Un-carrier on its YouTube channel today. The plan involves building a service that avoids long-term contracts, as well as complex bundles Read More

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Facebook‘s Brexit probe unearths three Russian-bought ‘immigration‘ ads

Facebook has provided more details about the extent of Russian digital interference related to the UK‘s Brexit vote last year. Read More

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NASA to screen ‘Star Wars: The Last Jedi‘ on the International Space Station

Being an astronaut living and working aboard the International Space Station shouldn‘t mean that you have to miss out on much-anticipated movie releases like Star Wars: The Last Jedi. In fact, it should probably mean the opposite, which is why it‘s great news that NASA will work with Disney to arrange a screening for ISS crew of the new movie, which is arriving in theatres in the U.S. Read More

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ispace just raised 90 million to launch two private moon missions by 2020

Japanese company ispace has raised 90.2 million in a Series A funding round, an amount it‘s calling the largest ever Series A in commercial space financing. The funding comes from Innovation Network Corporation of Japan, Development Bank of Japan, Tokyo Broadcasting System, Konika Minolta and others, and will help the company continue its progress towards a very Read More

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EBay acquires Terapeak to provide more analytics to marketplace sellers

EBay today announced another acquisition today that underscores the company‘s current focus on building out better data tools for third-party sellers on its platform, to help it compete better with the likes of Amazon and other marketplaces to attract their business. It‘s acquiring Terapeak, a Toronto-based startup that has built a platform that crunches data about supply, demand Read More

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T-Mobile plans pay TV service in 2018 fueled by Layer3 acquisition

T-Mobile is getting into the paid TV business, with the acquisition of Layer3 TV, a TV tech company, and plans announced to launch its own offering sometime next year. T-Mobile‘s John Legere revealed the pay TV ambitions for the so-called Un-carrier on its YouTube channel today. The plan involves building a service that avoids long-term contracts, as well as complex bundles Read More

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Events management platform Bizzabo raises 15M growth round

Just eight months after its last round of funding, events management platform Bizzabo has raised another 15 million. The new round, which brings Bizzabo‘s total funding so far to 30 million, was led by Pilot Growth Equity, with participation from Maor Investments and returning investors. Read More

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