Month: December 2022

EU warns Elon Musk’s Twitter has ‘huge work ahead’ to comply with its strict new rules

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Illustration by Kristen Radtke / The Verge; Photo: Getty Images A top European Union official has said that Twitter has “huge work ahead” to get ready for the bloc’s strict new rules for online platforms. Thierry Breton, the commissioner responsible for implementing the upcoming Digital Services Act (DSA), posted a short video clip of a … Read more

Shield, a communication compliance platform for financial institutions, raises $20M

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Two months ago, the Securities and Exchange Commission (SEC) said it had fined 16 Wall Street firms more than $1.1 billion for “widespread recordkeeping failures” regarding maintaining electronic communications, contravening federal securities laws. In addition, the SEC is now probing private equity firms on their employees’ use of messaging apps for work purposes, including WhatsApp, … Read more

Web3 developer platform Fleek raises $25M led by Polychain Capital

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Web3 developer platform Fleek has raised $25 million in Series A funding led by Polychain Capital, the company shared exclusively with TechCrunch. Additional investors in the round include Coinbase Ventures, Digital Currency Group, Protocol Labs, Arweave, North Island Ventures, Distributed Global, The LAO, and Argonautic Ventures. The startup is aiming to build an interface and … Read more

Zoe, which went viral with its Covid-reporting app, raises $30M to track nutrition and health

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Zoe, a startup founded by doctors and researchers out of London and Boston, made its name during the pandemic with a popular — dare we say viral? — self-reporting Covid-19 app. Embraced both by consumers and researchers, it provided early data into how Covid-19 spread and the symptoms associated with the initial infection and its … Read more