SMB-focused Pie Insurance raises $315M Series D

Pie Insurance, which provides workers’ compensation insurance to small businesses, has closed on a  $315 million Series D round of funding. In 2021, the size of this round wouldn’t have turned heads. But in today’s environment, where investors are pulling back and venture funding has slowed considerably, a $315 million raise stands out.  The financing … Read more

SentinelOne launches $100M fund to invest in enterprise cybersecurity startups

SentinelOne, an AI endpoint security firm that went public last June, has announced the launch of S Ventures, a $100 million fund to invest in the generation of enterprise cybersecurity startups. The launch of S Ventures comes at an interesting time for the cybersecurity market. While startups in this sector have long weathered the current … Read more

Volvo’s EX90 electric SUV will have laser sensors and cameras that can detect drunk driving

Volvo’s Concept Recharge, released in 2021, is meant to preview the upcoming EX90 SUV. | Image: Volvo Volvo announced that it will unveil its new flagship electric vehicle, the EX90 SUV, on November 9th. The EX90 is meant to replace the company’s current flagship, the gas-powered XC90 SUV, as Volvo transitions to an all-electric car … Read more

Now you can touch Alexa on Fire tablets, too

Tap to activate Alexa is coming to Fire tablets, including the new Fire HD 8 and 8 Plus. | Image: Amazon Amazon is bringing more accessibility features to its Fire tablets — including the new Fire HD 8 and Fire HD 8 Plus announced today — adding support for Tap to Alexa, compatibility with Bluetooth … Read more

Spotify Island on Roblox launches a new virtual destination for hip-hop listeners

It’s been four months since Spotify’s debuted its virtual Spotify Island on Roblox, which made it the first music streaming service to have an official presence within the gaming platform. Today, Spotify launched a new space-themed digital destination on Roblox called Planet Hip-Hop, which will soon feature up-and-coming female rapper Doechii. Spotify Island’s new Planet … Read more

IT services group Wipro fires 300 employees moonlighting for competitors

IT services giant Wipro has fired 300 employees in recent months who were found to be moonlighting for competitors, a top executive said Wednesday, weighing in on a practice that has gained momentum across the globe as firms incorporate work-from-home norms. Rishad Premji, the chairman of Wipro, which employs over 250,000 employees in over five … Read more

Knoetic lands $36M to unify diverse sources of HR data

In the last decade, so-called chief people officers (CPO) have seen a dramatic expansion of their day-to-day responsibilities. The role has evolved from an administrative HR function to a more strategic position, particularly as the pandemic has shined a spotlight on the importance of retention, upskilling and recruiting during a crisis. But despite the increased … Read more

TikTok takes aim at political grifting and fundraising in latest policy tweaks

TikTok has announced an incoming tightening of its policies around political accounts using its video-sharing platform, such as those belonging to political parties, politicians and governments. The changes look intended to limit, er, political grifting (for want of a better term) — with an incoming ban on use of monetization features (like tipping, gifting and … Read more