Author: Tech Support

Squire, which develops software for barbershops, raises $59M Series C led by Iconiq Capital at a $250M valuation, just months after raising a $34M Series B (Natasha Mascarenhas/TechCrunch)

Natasha Mascarenhas / TechCrunch: Squire, which develops software for barbershops, raises $59M Series C led by Iconiq Capital at a $250M valuation, just months after raising a $34M Series B  —  Squire, a startup that sells software to barbershops, has raised $59 million in a round led by Iconiq Capital. Squire, which develops software for

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Adtech company PubMatic, which develops infrastructure for programmatic ads, raises $118M in its IPO and hits a high of $33.16 after pricing shares at $20 (Luisa Beltran/Barron's Online)

Luisa Beltran / Barron’s Online: Adtech company PubMatic, which develops infrastructure for programmatic ads, raises $118M in its IPO and hits a high of $33.16 after pricing shares at $20  —  With all eyes on DoorDash’s mammoth $3.37 billion offering, PubMatic made its public equity markets debut Wednesday.  Shares soared nearly 59%. Adtech company PubMatic,

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France unveils sweeping know-your-customer rules for cryptocurrency firms operating in and servicing the country and plans more rules on crypto transactions (Danny Nelson/CoinDesk)

Danny Nelson / CoinDesk: France unveils sweeping know-your-customer rules for cryptocurrency firms operating in and servicing the country and plans more rules on crypto transactions  —  The French Ministry of Finance unveiled sweeping know-your-customer requirements on all cryptocurrency companies operating … France unveils sweeping know-your-customer rules for cryptocurrency firms operating in and servicing the country

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Sources: Altimeter Capital invested $150M-$200M in Cockroach Labs at a $2B valuation and $150M-$200M in workflow automation company Workato at a $1.7B valuation (Eric Newcomer/Newcomer)

Eric Newcomer / Newcomer: Sources: Altimeter Capital invested $150M-$200M in Cockroach Labs at a $2B valuation and $150M-$200M in workflow automation company Workato at a $1.7B valuation  —  Cockroach and Workato secretly raised pricey rounds from Altimeter.  I explore funky happenings in early stage investing. Sources: Altimeter Capital invested 0M-0M in Cockroach Labs at a

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U.S., states sue Facebook as an illegal monopoly, setting stage for potential breakup

The U.S. government and 48 state attorneys general filed wide-ranging antitrust lawsuits against Facebook on Wednesday, alleging the tech giant relied on illegal, anti-competitive tactics to buy, bully or kill its rivals and become the most powerful social-networking site in the world. U.S., states sue Facebook as an illegal monopoly, setting stage for potential breakup

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New York AG Letitia James leads a coalition of 48 AGs in suing Facebook, alleging the company uses a "buy or bury" approach toward its competitors (NY State Attorney General)

NY State Attorney General: New York AG Letitia James leads a coalition of 48 AGs in suing Facebook, alleging the company uses a “buy or bury” approach toward its competitors  —  AG James Leads Bipartisan Coalition of 48 Attorneys General Charging Anticompetitive Conduct  —  Facebook Thwarted Competition, Reduced Consumer Privacy for Profits New York AG

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FTC announces lawsuit against Facebook for ‘illegal monopolization’

The US Federal Trade Commission (FTC) today announced its lawsuit against Facebook alleging the company has formed an illegal monopoly based on anticompetitive practices. According to a notice from the FTC, the suit involves the company’s Instagram, Messenger, and WhatsApp services as well as Facebook‘s alleged imposition of anti-competitive practices on software developers. The notice

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