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Ofo, the bike-sharing startup once valued at $2B, gets a makeover to become a shopping app, after over a year of struggles to refund users' deposits (Masha Borak/South China Morning Post)

Masha Borak / South China Morning Post: Ofo, the bike-sharing startup once valued at $2B, gets a makeover to become a shopping app, after over a year of struggles to refund users’ deposits  —  The Alibaba-backed company is pivoting to ecommerce and offering rebates in lieu of returning deposit moneyThe Alibaba-backed company … Ofo, the

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Chainalysis: cryptocurrency scams involving Ponzi schemes and other frauds took in over $4B in 2019, which was more than the combined $3B haul in 2017 and 2018 (Wall Street Journal)

Wall Street Journal: Chainalysis: cryptocurrency scams involving Ponzi schemes and other frauds took in over $4B in 2019, which was more than the combined $3B haul in 2017 and 2018  —  Ponzi schemes are the latest form of bitcoin fraud, with big platforms like one called PlusToken drawing the most money Chainalysis: cryptocurrency scams involving

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Cherre, which is using AI to index and analyze real estate data from disparate public and private sources, raises $16M Series A led by Intel Capital (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Cherre, which is using AI to index and analyze real estate data from disparate public and private sources, raises $16M Series A led by Intel Capital  —  Real estate data collection and analytics costs can total in the millions of dollars.  That’s why in 2016, L.D. Salmanson founded Cherre … Cherre,

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ClearMetal, which uses data analytics to optimize logistics and supply chain operations, raises a $15M round, bringing its total raised to more than $31M (Benzinga)

{$inline_image} Benzinga: ClearMetal, which uses data analytics to optimize logistics and supply chain operations, raises a $15M round, bringing its total raised to more than $31M  —  San Francisco-based logistics data analytics startup ClearMetal announced it has raised $15 million in a fresh round of funding led … ClearMetal, which uses data analytics to optimize

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Automox raises $30M Series B for developing a platform to automate configuration, patching, management, and inventory of enterprise endpoints (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Automox raises $30M Series B for developing a platform to automate configuration, patching, management, and inventory of enterprise endpoints  —  The average cost of a data breach is nearly $4 million, and yet 74% of companies say they can’t patch vulnerabilities quickly enough because they lack the necessary staff. Automox raises

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How Hoop, an app for making Snapchat friends, hit #2 in the App Store with a virality and monetization strategy making users spend in-app currency to reach out (Josh Constine/TechCrunch)

Josh Constine / TechCrunch: How Hoop, an app for making Snapchat friends, hit #2 in the App Store with a virality and monetization strategy making users spend in-app currency to reach out  —  Snapchat’s developer platform is blowing up as a gateway to teen social app users.  Hoop is the latest Snap Kit blockbuster …

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NURVV, which provides real-time coaching for runners via an app and insoles fitted with 32 sensors, raises $9M Series A led by Hiro Capital (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch: NURVV, which provides real-time coaching for runners via an app and insoles fitted with 32 sensors, raises $9M Series A led by Hiro Capital  —  Launched at CES 2020, NURVV, a biomechanics startup, has closed a $9m Series A round, led by Hiro Capital, the sports/Esports VC fund … NURVV, which

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