Author: Tech Support

Yahoo Japan agreed to issue a tender offer for a 50.1% stake in Japan's largest online fashion retailer, Zozotown; the deal will be worth up to $3.7B (Nikkei Asian Review)

Nikkei Asian Review: Yahoo Japan agreed to issue a tender offer for a 50.1% stake in Japan’s largest online fashion retailer, Zozotown; the deal will be worth up to $3.7B  —  Retailer’s founder and CEO Maezawa steps down from management  —  TOKYO — Yahoo Japan plans to buy the operator of the country’s largest …

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Open-source NoSQL database startup ScyllaDB raises $25M Series C extension round, bringing the total raised to $60M (Ron Miller/TechCrunch)

Ron Miller / TechCrunch: Open-source NoSQL database startup ScyllaDB raises $25M Series C extension round, bringing the total raised to $60M  —  There are a lot of open source databases out there, and ScyllaDB, a NoSQL variety, is looking to differentiate itself by attracting none other than Amazon users. Open-source NoSQL database startup ScyllaDB raises

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Samsara, a maker of sensors and GPS units for fleet vehicle management, raises $300M at $6.3B valuation from Tiger Global, Dragoneer, a16z, and General Catalyst (Elisabeth Brier/Forbes)

Elisabeth Brier / Forbes: Samsara, a maker of sensors and GPS units for fleet vehicle management, raises $300M at $6.3B valuation from Tiger Global, Dragoneer, a16z, and General Catalyst  —  Sanjit Biswas and John Bicket, cofounders of Samsara, are newly minted billionaires following the company’s $300 million Series F funding round … Samsara, a maker

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Uber says drivers will remain contractors under AB5, as they aren't core to its business which serves as a platform for several types of digital marketplaces (Andrew J. Hawkins/The Verge)

Andrew J. Hawkins / The Verge: Uber says drivers will remain contractors under AB5, as they aren’t core to its business which serves as a platform for several types of digital marketplaces  —  The ride-hail company shrugs off a new bill in California, but legal challenges loom  —  Uber won’t be reclassifying its drivers …

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Uber argues its drivers aren’t core to its business, won’t reclassify them as employees

Illustration by Alex Castro / The Verge Uber won’t be reclassifying its drivers from independent contractors to employees in light of a new bill that passed in California, largely because the bill doesn’t specifically require them to do so, the company’s chief legal official argued Tuesday. “Contrary to some of the rhetoric we’ve heard, AB5

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Sources: Palmer Luckey's border surveillance tech startup Anduril Industries has raised a funding round at a $1B+ valuation from Andreessen Horowitz and others (Salvador Rodriguez/CNBC)

Salvador Rodriguez / CNBC: Sources: Palmer Luckey’s border surveillance tech startup Anduril Industries has raised a funding round at a $1B+ valuation from Andreessen Horowitz and others  —  KEY POINTS  — Anduril has secured a funding round with participation from Andreessen Horowitz that values the defense company at more than $1 billion. Sources: Palmer Luckey's

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