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- India’s ShareChat raises $40 million, says its short-video platform Moj now reaches 80 million use...
ShareChat, an Indian social network that focuses entirely on serving users in non-English languages, said on Thursday it has raised $40 million from a clutch of investors after the Indian startup added tens of millions of new users in recent months. The five-year-old Bangalore-based startup said Dr. Pawan Munjal, chief executive and chairman of giant two-wheeler manufacturer Hero MotoCorp, Ajay Shridhar Shriram, chairman of chemical manufacturing company DCM Shriram, and existing investors Twitter, SAIF Partners, Lightspeed Ventures, and India Quotient financed the new round of capital. Ankush Sachdeva, co-founder and chief executive of ShareChat, told TechCrunch in an interview that the startup’s new fundraise is part of its pre-Series E financing round. TechCrunch understands the startup is engaging with several major VC funds and corporate giants to raise more than $100 million in the next few months. The new capital will help ShareChat better support creators on… ..... Read More.2 hours ago - Ohio-based collaboration service for biotech and pharma research, Within3, raises $100 millionWithin3, a collaboration and communication service for the biotech and pharma industries, has raised over $100 million in new financing, the company said. The investment came from Insight Partners with participation from Silversmith Capital Partners. Most of the top 20 pharmaceutical companies already use the Lakewood, Ohio-based company’s service to publish clinical studies, host advisory boards, and collaborate with researchers and other participants in the drug development process, according to a statement from the company. Within3 said it would use the new funding to continue its product development and build additional capacity to support its growth. “Investment opportunities in companies like Within3 don’t come around very often,” said Deven Parekh, Managing Director at Insight Partners, in a statement. “The company has seen explosive growth over the last 12 quarters and continues to break new records each month… At a time when collaboration, communication and cooperation is more critical than… ..... Read More.2 hours ago
- Google removes Uluru virtual walk from Street View
Parks Australia had requested user-generated images from the sacred site be immediately removed. ..... Read More.2 hours ago - Snyk acquires DeepCode to boost its code review smartsSwitzerland-based machine learning code review startup DeepCode — which bills itself as ‘Grammarly for coders’ — has been acquired by Snyk, a post-unicorn valuation cybersecurity startup which is focused on helping developers secure their code. Financial terms of the deal have not been disclosed. But the ‘big code’ parsing startup had only raised around $5.2M since being founded back in 2016, per CrunchBase — mostly recently closing a $4M seed round from investors including Earlybird, 3VC and btov Partners last year. DeepCode CEO and co-founder Boris Paskalev confirmed the whole team is “eagerly” joining Snyk to continue what he couched as “the mission of making semantic AI-driven code analysis available for every developer on the planet”. “DeepCode as a company will continue to exist (fully owned by Snyk), we will keep and plan to grow the Zurich office and tap into the amazing talent pool here and we… ..... Read More.3 hours ago
- Facebook ‘Supreme Court’ to begin work before US Presidential voteThe company's oversight board - which can overrule Mark Zuckerberg - begins work in mid-October. ..... Read More.3 hours ago
- YouTube will add mail-in voting info box next to videos that discuss voting by mail
YouTube has been relatively quiet about its strategy to battle the flow of misinformation leading into the 2020 U.S. election, but the platform has a few new measures in store. The video sharing site will begin attaching a box with vetted facts about mail-in voting on any videos that discuss the topic. The new mail-in voting info boxes will link out to the Bipartisan Policy Center, a bipartisan think tank. YouTube first rolled these info panels out in 2018 and this year expanded them to address misinformation around COVID-19. The platform’s fact-checking info boxes resemble similarly unobtrusive info labels on Twitter and Facebook. While Twitter in particular has begun taking stronger action on election-related posts that break platform rules, social platforms have opted to broadly serve up contextual facts rather than targeting misinformation with more eye-catching warnings. Example of YouTube COVID-19 info panel YouTube is a little late to… ..... Read More.4 hours ago
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