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  • December 6, 2021
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Facebook Gaming might not be a hot streaming destination like Twitch or YouTube Gaming, but the social network is steadily adding interactive features to build its appeal. Facebook is trying out a new layer of interactivity the company is calling “play with streamer” that lets viewers hop into game streams with their favorite streaming personalities. […]
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  • December 6, 2021
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Serve Robotics, the autonomous sidewalk delivery company that spun out from Uber-owned Postmates in March, has closed an expanded seed round at $13 million. The company will use the funds to accelerate its expansion plans into new customer segments and geographic areas, which will require them to build more sidewalk robots to fuel that growth. […]
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  • December 6, 2021
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U.S. securities regulators have opened a probe into Tesla over allegations from a whistleblower that the company did not disclose to shareholders fire risks from its solar panel systems. The allegations were made by Steven Henkes, a former Tesla employee, who filed his complaint with the U.S. Securities and Exchange Commission back in 2019, Reuters […]
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  • December 6, 2021
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Berlin-based smartphone-as-a-service provider, Everphone, has topped up with $65 million in a Series C equity raise in addition to taking $135M in debt financing — for a total raise of $200M. The latest tranche of funding is led by German private equity investor, Cadence Growth Capital (CGC), which is now Everphone’s biggest shareholder. Deutsche Telekom, […]
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  • December 6, 2021
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Lucid Group has been subpoenaed by securities regulators investigating the electric automaker’s merger that enabled it to become a a publicly traded company. Lucid said in regulatory filing Monday morning that the Securities and Exchange Commission requested certain documents related to its investigation. “Although there is no assurance as to the scope or outcome of […]
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  • December 6, 2021
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DoorDash announced today that it’s introducing “ultra-fast” deliveries in 10-15 minutes beginning with a single DashMart location in New York City. To start, ultra-fast deliveries will be offered from a new location in Chelsea, with more locations and partners coming over the next few months in New York and elsewhere. The company is additionally beginning to test […]
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  • December 6, 2021
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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Despite the advanced week, news is still coming in in hot and heavy, so strap in for today’s busy episode: Cryptos have failed to recover from their weekend swoon, leading to most major […]