Duncan Riley / SiliconANGLE:
Mobile banking startup Varo Money raises $241M Series D led by Gallatin Point Capital and The Rise Fund, bringing its total raised to $419.4M — San Francisco-based mobile banking startup Varo Money Inc. revealed today that it has raised $241 million in new funding to expand development of its mobile banking products.
Lizette Chapman / Bloomberg:
Interview with ex-Uber CTO Thuan Pham, who left last month, on his seven years atop the company, its rapid expansion, future plans, and more — Reflecting on seven years as the top technology executive at Uber Technologies Inc., Thuan Pham divides his time there into three “tours of duty,” as he describes them.
Tom Simonite / Wired:
A look at Mayhem, a bot made by a startup called ForAllSecure for finding software bugs, which is now being used by the US military and Cloudflare — Mayhem emerged from a 2016 government-sponsored contest at a Las Vegas casino hotel. Now it´s used by the military.
Manish Singh / TechCrunch:
Ride-hailing and payments firm Gojek says Facebook and PayPal were participating in its ongoing Series F; Gojek was valued at $10B after raising $1.2B in March — Facebook and PayPal have made investments in GoJek, joining Google and Tencent among other high-profile technology companies …
Salvador Rodriguez / CNBC:
Twitter appoints board member Patrick Pichette as chairman of Twitter, replacing Omid Kordestani; Pichette previously served as Google CFO from 2008 to 2015 — - Twitter on Tuesday appointed former Google chief financial officer Patrick Pichette as the company´s new chairman of the board.
Rick Edmonds / Poynter:
Blockchain journalism startup Civil is shutting down following its failure to find substitute financing after losing its major source of funding, ConsenSys — Civil, the high-profile, blockchain-backed attempt to nurture nascent digital news sites, is shutting down.
Kyle Wiggers / VentureBeat:
Locus Robotics, which makes autonomous warehouse robots, raises $40M Series D led by Zebra Technologies, bringing its total raised to $105M+ — Warehouse robotics startup Locus Robotics today announced it has raised $40 million, the bulk of which will be put toward accelerating R&D …
Twitter suspended the account of a white nationalist group claiming to be an Antifa organization that pushed violent rhetoric related to ongoing protests — Two hashtags that trended worldwide on Twitter falsely claimed that there was a “cover-up” or a “blackout” of protests in Washington, D.C., overnight.
Elizabeth A. Harris / New York Times:
Hachette, Penguin Random House, Wiley, HarperCollins sue Internet Archive, saying its project to let users borrow ebooks scanned from books violates copyrights — Penguin Random House, HarperCollins, Hachette and Wiley accused the nonprofit of piracy for making over 1 million books free online.
Damien Wilde / 9to5Google:
Samsung launches Access, a new service for US users offering an S20 handset, Microsoft 365, 1TB OneDrive, and more, starting at $37/month — Samsung has now officially launched the extra-care Access program in the United States, which gives you added protection and benefits such as a Microsoft 365 subscription.