Month: September 2021

In an interview, Satya Nadella described Microsoft’s failed TikTok deal as the “strangest thing” he has ever worked on and says TikTok came to Microsoft (Dieter Bohn/The Verge)

Dieter Bohn / The Verge: In an interview, Satya Nadella described Microsoft’s failed TikTok deal as the “strangest thing” he has ever worked on and says TikTok came to Microsoft  —  Remember when wild policy swings like this happened all the time?  —  It’s difficult to remember now …

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FCC details a $1.9B program to reimburse mostly rural US telecom carriers for removing network equipment made by Chinese companies like Huawei and ZTE (David Shepardson/Reuters)

David Shepardson / Reuters: FCC details a $1.9B program to reimburse mostly rural US telecom carriers for removing network equipment made by Chinese companies like Huawei and ZTE  —  The U.S. Federal Communications Commission (FCC) on Monday said it would open a $1.9 billion program to reimburse mostly rural U.S. telecom carriers …

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Nasdaq sets Amplitude’s reference price at $35 per share for its direct listing on Tuesday, which would give the data analytics company a valuation of ~$3.6B (Luisa Beltran/Barron’s Online)

Luisa Beltran / Barron’s Online: Nasdaq sets Amplitude’s reference price at $35 per share for its direct listing on Tuesday, which would give the data analytics company a valuation of ~$3.6B  —  The Nasdaq assigned a $35 reference price to Amplitude, the data analytics company going public Tuesday.

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Facebook should release the documents behind WSJ’s Facebook Files to the public, as they are likely to come out anyway, and provide the raw data to researchers (Casey Newton/Platformer)

Casey Newton / Platformer: Facebook should release the documents behind WSJ’s Facebook Files to the public, as they are likely to come out anyway, and provide the raw data to researchers  —  The company’s least-bad option might also do a lot of good … The fallout from the Wall Street Journal’s Facebook Files series continues.

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Singapore-based neobank Aspire, which offers Southeast Asian SMBs working capital and other financial services, raises $158M Series B in equity and debt (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch: Singapore-based neobank Aspire, which offers Southeast Asian SMBs working capital and other financial services, raises $158M Series B in equity and debt  —  Aspire, the Singapore-based neobank that wants to become an “end-to-end financial operating system” for Southeast Asian businesses …

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Activision Blizzard settles with the EEOC, which sued it earlier in the day over alleged sexual harassment and discrimination, will create $18M fund for victims (Kellen Browning/New York Times)

Kellen Browning / New York Times: Activision Blizzard settles with the EEOC, which sued it earlier in the day over alleged sexual harassment and discrimination, will create $18M fund for victims  —  The video game publisher Activision Blizzard said Monday that it would pay $18 million in a settlement with a federal employment agency …

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Bijnis, whose app helps factory owners in India build a digital presence and sell products to retailers, raises $30M Series B led by Westbridge Capital (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Bijnis, whose app helps factory owners in India build a digital presence and sell products to retailers, raises $30M Series B led by Westbridge Capital  —  The proliferation of affordable and fast mobile data allowed hundreds of millions of Indians to come online for the first time in the past decade.

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Syndio, which provides workplace analytics software for companies to resolve pay equity issues, raises $50M Series C co-led by Emerson Collective and Bessemer (Kurt Schlosser/GeekWire)

Kurt Schlosser / GeekWire: Syndio, which provides workplace analytics software for companies to resolve pay equity issues, raises $50M Series C co-led by Emerson Collective and Bessemer  —  In its quest to help companies treat all employees fairly, Seattle-based Syndio has raised $50 million in new funding, the startup announced Monday.

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