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Coupang may raise up to $3.6 billion in its IPO, at a potential valuation of $51 billion

According to an amended S-1 filing, South Korean e-commerce leader Coupang expects to price its initial public offering between $27 to $30 per share, potentially raising up to $3.6 billion. After the

Compass files S-1, reveals $3.7B in revenue on net loss of $270M

Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, filed its S-1 Monday. The move comes just under one year after the New York-based company laid off 15% of

How China’s synthetic media startup Surreal nabs funding in 3 months

What if we no longer needed cameras to make videos and can instead generate them through a few lines of coding? Advances in machine learning are turning the idea into a reality. We’ve seen how d

Hyzon Motors’ hydrogen fuel ambitions include two US factories

Hyzon Motors plans to produce fuel cells, including a critical component required to power hydrogen vehicles, at two U.S. factories in a move aimed at kickstarting domestic production at a commercial

Square’s bank arm launches as fintech aims ‘to operate more nimbly’

Known for its innovations in the payments sector, Square is now officially a bank. Nearly one year after receiving conditional approval, Square said Monday afternoon that its industrial bank, Square F

Kaltura files to go public on the back of accelerating revenue growth, rising losses

It's unicorn melting season, with gobs of investors hoping for liquidity while public markets are hot. Expect more Kalturas.

Apple alum’s jobs app for India’s workers raises $12.5 million

A startup by an Apple alum that has become home to millions of low-skilled workers in India said on Tuesday it has raised an additional $12.5 million, just five months after securing $8 million from h

Daily Crunch: Klarna valued at $31B

A challenger bank raises funding at a massive valuation, Instagram adds Live Rooms and Google updates Workspace. This is your Daily Crunch for March 1, 2021. The big story: Klarna valued at $31B The S

Google restarts updates for some iOS apps after long pause triggered by lack of privacy labels

Google over the weekend began to update many of its flagship iOS apps after a lengthy delay caused by the company’s failure to add Apple’s newly required privacy labels in a timely fashion

Corporate sustainability initiatives may open doors for carbon offset startups

“You’re seeing a lot of large companies … are now investing significant amounts into really trying to understand their emissions profile and prioritize emission reductions in a data-driven way."

AWS reorganizes DeepRacer League to encourage more newbies

AWS launched the DeepRacer League in 2018 as a fun way to teach developers machine learning, and it’s been building on the idea ever since. Today, it announced the latest league season with two

Facebook will pay $650 million to settle class action suit centered on Illinois privacy law

Facebook was ordered to pay $650 million Friday for running afoul of an Illinois law designed to protect the state’s residents from invasive privacy practices. That law, the Biometric Informati

Free 30-day trial of Extra Crunch included with TC Sessions: Justice tickets

TC Sessions: Justice is coming up on Wednesday, and we’ve decided to sweeten the deal for what’s included with your event pass. Buy your ticket now and you’ll get a free month of access to Extra

Twitter rolls out vaccine misinformation warning labels and a strike-based system for violations

Twitter announced Monday that it would begin injecting new labels into users’ timelines to push back against misinformation that could disrupt the rollout of COVID-19 vaccines. The labels, which

BrioHR raises $1.3M ahead of Y Combinator’s demo day

As the next Y Combinator demo day approaches, more startups from the current Winter 2021 batch are showing up in our inboxes. One of the most interesting from the mix is BrioHR, which is building huma

Rocket Lab CEO Peter Beck explains why the company needs a bigger rocket, and why it’s going public to build it

Rocket Lab packed a ton of news into Monday to kick off this week: It’s going public via a SPAC merger, for one, and it’s also building a new, larger launch vehicle called Neutron to suppo

Cappuccino lets you share short, intimate audio stories with your friends

You might call Cappuccino the anti-Clubhouse, but the company has been iterating on its app concept for a couple of years — its CEO doesn’t have any strong opinions on Clubhouse. And it’s true t

Murmur, still in private beta, wants to help startups make private work agreements public

As building in public continues to gain popularity with early-stage startup founders, Murmur, coming out of stealth today, wants to leverage that natural transparency to a louder frequency. Founded by

Why your organization needs product principles

Product principles should always evolve to keep up with the changing ways you work and what your customers need.

Walmart drops the $35 order minimum on its 2-hour ‘Express’ delivery service

In a move designed to directly challenge Amazon, Walmart today announced it’s dropping the $35 minimum order requirement for its two-hour “Express” delivery service, a competitor to
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