Catherine Shu
Writer
The Latest from Catherine Shu
TikTok apologizes for removing viral video about abuses against Uighurs, blames a “human moderation error”
TikTok has issued a public apology to a teenager who had her account suspended shortly after posting a video that asked viewers to research the persecution of Uighur people and other Muslim groups in
Alibaba’s shares climb almost 8% in their first morning of trading on the Hong Kong stock exchange
Alibaba share price increased as much as 7.7% during its first morning of trading on the Hong Kong Stock Exchange. Soon after the market opened, the shares climbed from their listing price of HKD $176
Anti-money laundering software startup TookiTaki raises $11.7 million in additional Series A funding
TookiTaki, a startup that develops machine learning-based financial compliance software, announced today it has raised a $11.7 million in additional Series A funding, led by Viola Fintech and SIG Asia
Leaked Chinese government documents detail how tech is used to escalate the persecution of Uighurs
In less than two weeks, two major reports have been published that contain leaked Chinese government documents about the persecution of Uighurs and other Muslim minorities in China. Details include th
Lucence raises $20 million Series A for its non-invasive cancer screening technology
Lucence Diagnostics, a genomic medicine startup that develops non-invasive tests for cancer screening, announced today that it has raised a $20 million Series A led by IHH Healthcare, one of the world
Robotics startup Picnic, known for its automated pizza assembly system, raises $5 million
Picnic, a robotics startup that focuses on food production, announced today that it has raised $5 million in additional seed funding. The new round was led by Creative Ventures, with participation fro
New York State Attorney General reportedly investigating WeWork
WeWork is reportedly being investigated by the New York State Attorney General. According to Reuters, the NYAG’s questions include if WeWork founder and former CEO Adam Neumann engaged in self-deali
Yahoo Japan and Line Corp. confirm merger agreement
SoftBank Corp. announced today that it has reached an agreement to merge with Z Holdings (the SoftBank subsidiary formerly known as Yahoo Japan) and Line Corp., in a move they hope will better positio
Twitter suspends accounts affiliated with Hamas and Hezbollah
Updated with statements from Quds News Network and Twitter . Twitter suspended accounts associated with Hamas and Hezbollah over the weekend after being repeatedly asked to do so by a bipartisan gro
Japanese instant-credit provider Paidy raises $143 million from investors, including PayPal Ventures
Paidy, a Japanese financial tech startup that provides instant credit to consumers in Japan, announced today that it has raised a total of $143 million in new financing. This includes an $83 million S
Field management software startup Workiz raises $5 million Series A
Workiz, a startup whose software helps field service professionals manage their work, said today it has raised $5 million in Series A funding. The funding was led by Magenta Venture Partners, with par
As Juul announces mass layoffs, a new lawsuit alleges it shipped a million contaminated pods
A lawsuit filed a by former Juul executive alleges that the company knew a batch of contaminated e-liquid had been used in about one million pods shipped to retailers earlier this year, but did not in
Market research platform Milieu Insight raises $2.4 million to launch in more Southeast Asian countries
Milieu Insight, a Singapore-based market research and data platform, announced today that it has raised $2.4 million in pre-A funding. The round, led by MassMutual Ventures Southeast Asia, will be use
ByteDance denies it will go public in Hong Kong next quarter
ByteDance has responded to a report in the Financial Times that said the Chinese internet startup plans to go public in Hong Kong as early as the first quarter of next year. “There is absolutely
Amazon acquires Health Navigator for Amazon Care, its pilot employee healthcare program
Amazon has acquired Health Navigator, a startup that develops APIs for online health services. According to CNBC, which first reported the deal, Health Navigator will become part of Amazon Care, its p
Microsoft reports a strong fiscal first quarter, but Azure’s growth rate continues to decline
Microsoft posted quarterly results today that were well ahead of analysts’ expectations, but Azure’s growth rate continues to decline as it competes with AWS. The company’s revenue for the first
PayPal reports solid third-quarter results, with total payment volume growing 25%
PayPal reported third-quarter results today that were slightly ahead of analysts’ expectations, driven by an increase in total payment volume. The company’s quarterly revenue grew 19% year-over-ye
Fabric raises $110 million Series B to expand its network of automated fulfillment centers in the US
Fabric, the startup that wants to make automated logistics available to retailers of all sizes, announced today it has raised $110 million in Series B funding. The round was led by Corner Ventures, wi
Is there room for a US equivalent to China’s No. 1 news app?
In China, Toutiao is literally big news. Not only has its parent company ByteDance achieved a $75 billion valuation, two of its apps — Toutiao, a news aggregator, and Douyin (Tik Tok in China) — a
TruTag raises $7.5 million Series C for tiny, edible barcodes that can be placed on pills, food and vaping systems
TruTag Technologies, a company that creates microscopic, edible barcodes to authenticate medications, food, vaping pods and other products, has raised a $7.5 million Series C. The funding, led by Pang