Aunt Bertha Raises $27M in Funding

Aunt Bertha, an Austin TX-based operator of closed-loop social care networks, raised $27M in funding. The funding round was led by Warburg Pincus, with participation from existing investors Pershing Square Foundation, Techstars Ventures, Noro-Moseley Partners, Digitalis Ventures and The Social Entrepreneurs’ Fund (TSEF). In conjunction with the funding, tech executive and Kiva.org CEO Chris Tsakalakis will join Aunt… Continue reading Aunt Bertha Raises $27M in Funding

Admit It: The Facebook Oversight Board Is Kind of Working

Judging from the press releases filling my inbox and the tweets lighting up my timeline, no one is happy with Facebook right now. On Friday, the company issued its response to the Facebook Oversight Board’s recommendations on the indefinite ban of Donald Trump. We learned that Trump’s account is now frozen for precisely two years… Continue reading Admit It: The Facebook Oversight Board Is Kind of Working

Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC

Autonomous vehicle startup Aurora is close to finalizing a deal to merge with Reinvent Technology Partners Y, the newest special purpose acquisition company launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson, according to several sources familiar with the talks. One of the sticking points is the… Continue reading Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC

SoftBank Vision Fund may deploy over $4b in Indian tech bets this year

“In India, we’ve already invested more than $2 billion in 8-9 companies in the first five months of this year…a few deals are yet to be announced. And we will continue to invest if we find the right opportunities. We anticipate investing a similar size in the remainder of this year,” SoftBank Vision Fund CEO… Continue reading SoftBank Vision Fund may deploy over $4b in Indian tech bets this year

Uber, Lyft, DoorDash and other gig companies said California’s Prop 22 would create opportunity for workers of color. A new study says it ‘legalized racial subordination.’ (UBER, LYFT, DASH, GRUB, AMZN)

Gig companies said labor law exemptions would create better opportunities for workers of color. Instead, California’s Prop 22 “legalized racial subordination,” a new research paper argues. The law worked like 1930s “wage codes” that paid workers in mostly minority industries less. See more stories on Insider’s business page. Last year, Uber, Lyft, DoorDash, Instacart, and… Continue reading Uber, Lyft, DoorDash and other gig companies said California’s Prop 22 would create opportunity for workers of color. A new study says it ‘legalized racial subordination.’ (UBER, LYFT, DASH, GRUB, AMZN)

Aurora brings in outsiders to boost safety efforts, public trust of driverless vehicles

Aurora, the autonomous vehicle company that acquired Uber ATG last year, has assembled a team of outside experts, shared new details about its operations in a self-assessment safety report and launched a website as part of a broader effort to win over consumers wary of the technology that they may someday share the road with, or… Continue reading Aurora brings in outsiders to boost safety efforts, public trust of driverless vehicles

50 founders and VCs dish on what it’s like to work with Jason Calacanis, Silicon Valley’s polarizing, Howard Stern-inspired angel investor

Ashley Welch and her cofounder were finally in the room for the big break they’d been working towards: a chance to pitch their tech startup to a prominent venture-capital investor. Though she was confident in her vision for the company, Welch was frustrated by her business partner’s habit of talking over her. Suddenly, the investor… Continue reading 50 founders and VCs dish on what it’s like to work with Jason Calacanis, Silicon Valley’s polarizing, Howard Stern-inspired angel investor

Synctera Raises $33M in Series A Funding

Synctera, a San Francisco, CA-based solution for partnership banking at scale, raised $33M in Series A funding. The round, which brought total funding raised to date to $45.4M, was led by Fin VC, with participation from Mastercard and Gaingels, and follow-on investments from Lightspeed Venture Partners, Diagram Ventures, SciFi Ventures and Scribble Ventures, and strategic… Continue reading Synctera Raises $33M in Series A Funding

Social Marketing is Getting More Personal(ized)

Since the earliest days of MySpace, internet celebrities have flexed their promotional muscle by spinning up their own direct-to-consumer brands and selling millions of dollars worth of merchandise to their followers. It’s no surprise their campaigns work so well: Influencer marketing is widely understood to be one of the most effective forms of marketing, primarily… Continue reading Social Marketing is Getting More Personal(ized)

Six-Word Sci-Fi: Stories Written By You

THIS MONTH’S PROMPT In six words, write a story about a casual encounter with aliens. Disclaimer: All #WiredSixWord submissions become the property of WIRED. Submissions will not be acknowledged or returned. Submissions and any other materials, including your name or social media handle, may be published, illustrated, edited, or otherwise used in any medium. Submissions… Continue reading Six-Word Sci-Fi: Stories Written By You