Antoine Gara / Financial Times:
Sources: Thomas Bravo is raising $35B for tech company buyouts; in 2021, the PE firm acquired RealPage for $10.2B and Proofpoint for $12.3B — US-based specialist on an acquisition binge is raising $35bn for more — The mood was buoyant when private equity...
Ryan Browne / CNBC:
Atomico: European tech startups will raise a record $121B in 2021, up from $41B in 2020, with <1% going to early-stage; 98 unicorns were created in 2021 — - Start-ups in Europe are on track to haul in a record $121 billion in funding this year, according to a report from...
Europe is “solidifying its place as a global tech power”, according to Atomico’s annual State of European Tech 2021 report, research which has become an annual fixture of the European tech scene. According to the research, Europe is now the second region globally when it comes to early-stage...
When it comes to saving the planet, Raj Kapoor, Lyft’s former chief strategy officer and head of business, doesn’t think asking consumers (or the government) to change their ways is an effective strategy. Instead, he and Josh Felser, the co-founder of Freestyle Capital and a serial entrepreneur...
The Guardian:
The EU has spent hundreds of million euros over the past decade on tech, including drones and sensor systems, to track down refugees at its borders — We map out the rising number of high-tech surveillance and deterrent systems facing asylum seekers along EU borders
Benedict Evans / Benedict Evans/Presentations:
Overview of macro tech trends, with a focus on Web3, metaverse, and the move to the cloud, which is just beginning as on-prem IT spend still dwarfs cloud spend — The most exciting themes in technology today are transformative visions for 2025 or...
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Sense, an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told TechCrunch.
The San Francisco-headquartered startup has raised...
Scott Bade Contributor
Scott Bade is special series editor of the TechCrunch Global Affairs Project and a regular contributor on foreign affairs. He's a former speechwriter for Mike Bloomberg and co-author of "More Human: Designing a World Where People Come First."
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I have a run of internal meetings starting in 15 minutes, so we have to be quick, but tech stocks are taking body blows yet again today. A selloff earlier in the week had us taking note. Today cements our raised eyebrows.
And when we say tech shares are under attack, we are not only pointing...
Wall Street Journal:
The US plans to work with friendly nations to limit the export of surveillance tools and other tech used by authoritarian governments to suppress human rights — Administration official cites China's use of monitoring technologies, which Beijing has defended, in calling for...
Suzanne Vranica / Wall Street Journal:
Marketers are reacting to privacy laws and Big Tech policy changes with quizzes and other events to collect their own customer info and build detailed profiles — Marketers are staging sweepstakes, quizzes and events to gather people's personal information...
Yinka Adegoke / Rest of World:
A look at China's extensive tech investments in Africa, including undersea cables, data centers, and fintech apps, as part of its “Digital Silk Road” initiative — As the Chinese “tech stack” leads from undersea cables to smartphones and fintech apps, concerns...
This story was reported in partnership with video surveillance news site IPVM.
At least three U.S. federal agencies, including the military, have purchased China-made video surveillance equipment banned from use in the federal government.
Purchasing records seen by TechCrunch and video...
Bloomberg:
Sources: China plans to ban companies from going public on foreign markets through variable interest entities, closing a loophole used by its tech companies — China is planning to ban companies from going public on foreign stock markets through variable interest entities …
Kevin Roose / New York Times:
Jack Dorsey joins other tech leaders who seem to have grown tired of managing their platforms, amid increasing political controversy and hard-to-fix problems — Jack Dorsey, who is stepping down after six years as Twitter's chief executive, is one of the tech...
The HashiCorp IPO intends to shoot the narrows between Thanksgiving and Christmas, with its first IPO pricing interval set to give it among the richest valuations of any technology company with a strong open source component to its core business.
The Exchange explores startups, markets and...
The second annual Sight Tech Global happens this week, on December 1-2, and this free, virtual event is incredibly packed with insights about how rapid advances in technology are fostering an accessibility revolution for people who are blind or have low vision. Register today.
All the sessions...
Financial Times:
Sources: UK's CMA is expected to force Meta to sell recently-acquired Giphy, the first time the competition watchdog has reversed a Big Tech acquisition — Move would be the first time the competition watchdog has reversed a Big Tech acquisition — The UK competition regulator...
Stefanie Marotta / Bloomberg:
Coveo, which offers AI-powered enterprise search and personalization services, raises CAD$215M from its Toronto IPO, one of Canada's largest tech IPOs this year — - Coveo shares fell below issue price twice in its first week — Company closed one of the largest...