Amazon will refund millions of unauthorized in-app purchases kids made on mobile devices, having now dropped its appeal of last year’s ruling by a federal judge who sided with the Federal Trade Commission in the agency’s lawsuit against Amazon. The FTC’s original complaint said that Amazon should be liable for millions of dollars it charged customers, because of the way… Read More
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AT&T’s $85.4 billion acquisition of Time Warner hasn’t yet completed, but the company is already leveraging Time Warner assets to boost its own services – first with its streaming TV service DirecTV Now, which is currently giving out free HBO, and now today it’s rolling out free HBO to AT&T’s “Unlimited Plus” wireless plan subscribers. The… Read More
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French fintech startup Compte Nickel was acquired by French bank BNP Paribas yesterday. I couldn’t nail down the price but I’ve heard that it was quite significant. Compte Nickel was one of the leading fintech startups in France. You can open the equivalent of a current bank account in thousands of tobacco shops in just a few minutes. Compte Nickel gives you an IBAN and a… Read More
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Time Inc. is getting into the influencer marketing business in a bigger way, with a new offering called Time Inc. Connect. This influencer network will be “powered by” startup Speakr; this means Time Inc. Connect will combine Speakr’s technology with a unique pool of influencers. Read More
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Disrupt NY is right around the bend, and with it comes a brand new type of content: The Startup Spotlight.
Each of these companies will have a total of 15 minutes to tell their story, from origin to potential pivot to real solution, with all the highs and lows that come with it.
Today, I’m pleased to announce three of the companies we’re highlighting at the Disrupt NY Startup… Read More
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European VC firm 83North (formerly Greylock IL), which since 2008 has focused on backing startups in Europe and Israel, has closed its fourth fund — taking $250M in a raise that it says was both oversubscribed and its largest to date, and bringing its total capital under management to $800M. Read More
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Gradually, certain aspects of the law are going to be done better by software companies than law firms. And that applies particularly to contracts. SeedLegals claims to be the first legal automation platform to fully manage startup funding rounds. 
Forward Partners, the London-based VC firm originally founded by Forward Internet Group and Nic Brisbourne, has closed a new £60 million fund to continue investing in tech startups from idea to late Seed stage. 
CheckRecipient is a London startup that uses machine learning to help prevent emails from being sent to the wrong recipient. 
TechCrunch has learned that Mike Swartz, an operations veteran from Amazon who joined Instacart in February last year, has left the company. Instacart confirmed the departure.