Author: Tech Support

Canada Drives, which launched an online used car shopping and next day delivery service last year, raises ~$79.4M Series B, bringing its total raised to ~$159M (Rebecca Bellan/TechCrunch)

Rebecca Bellan / TechCrunch: Canada Drives, which launched an online used car shopping and next day delivery service last year, raises ~$79.4M Series B, bringing its total raised to ~$159M  —  Canada Drives, an online car shopping and delivery platform, announced $79.4 million ($100 million CAD) in Series B funding … Canada Drives, which launched

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Coinbase has $4.36B in cash reserves as of June 30, about four times higher than at the end of 2020, as it prepares for possible tighter regulation (Kristin Broughton/Wall Street Journal)

Kristin Broughton / Wall Street Journal: Coinbase has $4.36B in cash reserves as of June 30, about four times higher than at the end of 2020, as it prepares for possible tighter regulation  —  The cryptocurrency exchange plans to use its cash to expand and prepare for higher compliance costs, CFO says Coinbase has .36B

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Facebook says it took action against 12 COVID vaccine misinfo "superspreaders" but disputes claims that those 12 were responsible for 73% of misinfo on Facebook (Karissa Bell/Engadget)

Karissa Bell / Engadget: Facebook says it took action against 12 COVID vaccine misinfo “superspreaders” but disputes claims that those 12 were responsible for 73% of misinfo on Facebook  —  Back in March, the Center for Countering Digital Hate (CCDH) published  —  a report linking more than two-thirds … Facebook says it took action against

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One, a digital bank aimed at the middle class, raises $40M Series B led by Progressive Investment Company, bringing its total funding to $66M (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch: One, a digital bank aimed at the middle class, raises $40M Series B led by Progressive Investment Company, bringing its total funding to $66M  —  One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B

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NFTs, explained

Image: Cryptokitties.co There’s nothing like an explosion of blockchain news to leave you thinking, “Um… what’s going on here?” That’s the feeling I’ve experienced while reading about Grimes getting millions of dollars for NFTs or about Nyan Cat being sold as one. And by the time we all thought we sort of knew what the

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