News

Intuit Fined $141 Million for Free TurboTax Deception

New York Attorney General Letitia James announced a record multistate agreement with Intuit Inc., the owner of TurboTax, for deceiving millions of low-income Americans into paying for tax services that should have been free. As a result of Attorney General James’ agreement, Intuit will pay $141 million in restitution to millions of consumers across the nation […]

Google

Google Cloud Powers Local Mosquito Forecast

Google Cloud is teaming up with SC Johnson to power its national mosquito forecast by zip code for its OFF! repellent brand. Mosquitoes can infect more than 700 million people a year with dangerous diseases like Zika, Malaria, Dengue Fever, and Yellow Fever. Prevention is the best protection, and stopping mosquito bites before they happen is […]

Venture Capital

Home Depot Unveils $150 Million Venture Fund

Home Depot, the nation’s largest chain of home-improvement stores, has unveiled Home Depot Ventures, a venture capital fund created to back early-stage companies. The $150 million fund aims to invest in companies that advance The Home Depot’s ability to provide a seamless interconnected shopping experience, develop new and differentiated capabilities, and extend its low-cost provider […]

Apple News

Roku Inks Deal With Apple Music

SAN JOSE — Apple Music is now available globally on the Roku streaming platform in a new deal between the two companies. Apple Music subscribers can stream on any Roku device including Roku streaming players, Roku TV models and Roku premium audio products like the Roku Streambar Pro. Current Apple Music subscribers can access the […]

News

Radisson Hotel Group Partners With Plug and Play

Radisson Hotel Group has formed a partnership with Plug and Play’s Travel & Hospitality program, located in the heart of Silicon Valley. Plug and Play is a global innovation platform that brings together the best startups with the world’s largest corporations. Through this partnership, Radisson Hotel Group will strengthen its connections with selected startups, enabling […]

News

2/3 of U.S. Population Lives Paycheck-to-Paycheck

SAN FRANCISCO — LendingClub Corporation, the parent company of LendingClub Bank, has released findings from its ninth edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The Credit Edition examines the growing shares of U.S. consumers in all economic brackets living paycheck to paycheck, and the impact on their ability to access credit […]

News

SEC Nearly Doubles Size of Crypto Enforcement Unit

The Securities and Exchange Commission (SEC) announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly known as the Cyber Unit) in the Division of Enforcement will grow to 50 dedicated positions. “The U.S. has […]

Venture Capital

ShiftLeft Scores $29 Million

SANTA CLARA –– ShiftLeft, a provider of automated application security testing, has secured an additional $29 million in funding from SYN Ventures and Blackstone Innovations Investments with participation from existing investors. The funding will be applied to accelerate product development, marketing and sales efforts. As part of the expansion capital funding, SYN Managing Partner Jay […]

News Venture Capital

Chipotle Launches $50 Million Venture Fund

National restaurant chain Chipotle Mexican Grill has formed Cultivate Next, a new venture fund which intends to make early-stage investments into companies that further Chipotle’s mission to Cultivate a Better World. The aim of Cultivate Next is to support seed to Series B stage companies that can accelerate the Company’s strategic priorities such as running […]

Venture Capital

Venture Funding Slows in Q1, But Remains Strong

Global venture capital investment during Q1’22 reached $144.8 billion, higher than all, but the four consecutive record-breaking quarters seen during 2021 – making for a robust result, despite the decline, according to the KPMG’s Venture Pulse report, covering Q1’2022. The quarterly report, published by KPMG Private Enterprise, analyses key VC deals and trends globally in key jurisdictions […]

Venture Capital

Synthesis AI Closes $17 Million Series A

SAN FRANCISCO — Synthesis AI, a developer of synthetic data technologies to build advanced computer vision AI models, has closed $17 million in Series A financing led by new investor 468 Capital, with additional participation from Sorenson Ventures and Strawberry Creek Ventures and existing investors, Bee Partners, PJC, iRobot Boom Capital and Kubera Venture Capital. The latest round brings Synthesis AI’s total funding to over $24 million. […]

Venture Capital

Pando Raises $6.9 Million

SAN FRANCISCO — Pando, which operates a career progression platform, has raised a total of $6.9 million led by Craft Ventures with participation from Lerer Hippeau, GFC, Correlation Ventures, and additional strategic investors including Jane Alexander CMO at Carta, Ashkay Kothari COO at Notion, and Des Traynor Co-founder at Intercom. The new funds will be used to […]