Startups
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How tax changes may impact US startups
In an effort to envision how the pending tax bill might affect U.S. startups and their investors, Crunchbase News reached out to tech industry taxation experts. We touched the M&A climate, tax treatment of interest expenses and whether rising costs of living in high-tax states will prompt an exodus to cheaper locales. Here, then, are some thoughts on the potential impacts. Read More
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Uber settles lawsuit with woman who accused executives of obtaining medical records after she was raped
Uber has settled its lawsuit with a woman (Jane Doe) who accused its now-former CEO Travis Kalanick, president of business in Asia Eric Alexander and SVP of business Emil Michael of improperly obtaining her medical records after she was raped by an Uber driver in Delhi, India.
“A settlement has been reached and the Parties anticipate the case will be dismissed on or around January… Read More
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Meet ‘Genies,’ the lifelike personalized avatars that reenact news
“We plan on making Bitmoji obsolete,” says Akash Nigam, CEO of Genies. Bragging about beating one of the world’s top apps before his has even launched is emblematic of Nigam’s and Genies’ brash style. But with $15 million in funding at a valuation over $100 million, top investors like NEA and Hollywood royalty like CAA are buying into the avatar startup. Read More
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Samir Arora unveils Sage Digital, a startup that’s all about accurate location data
Samir Arora says it’s time for a new wave of applications that use reliable location data. Arora previously founded Mode Media (which he departed before its shutdown last year, though he remains involved in Mode Media Japan) and NetObjects before that. Today he’s unveiling Sage Digital, the startup that he’s hoping will provide the data for that new wave. Arora said Sage has… Read More
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PhoneWagon raises $1.2M to track when marketing campaigns lead to phone calls
When it comes to tracking the effectiveness of online advertising campaigns, PhoneWagon CEO Ryan Shank said there’s been a big piece missing for most businesses — namely, how often those campaigns lead to phone calls. Shank has plenty of experience in local marketing, having worked in sales at Yext, then founding Mhelpdesk, which he sold to IAC’s ServiceMagic. And… Read More
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Pinterest brings on a new head of corporate and business development
Pinterest today said it is hiring a new head of corporate and business development, bringing on former Facebooker Gary Johnson as it looks to continue to expand. The hiring comes at a time when Pinterest recently saw its president, Tim Kendall, depart to start his own company. Read More
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As Cook and Pichai leave China, Valley confronts rising internet tyranny in world’s second largest market
It’s been a bad few months for internet freedom in China (and really, a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies keep all citizen data local inside China. Read More
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Lyft’s self-driving pilot with nuTonomy begins rolling out in Boston
Lyft is beginning its self-driving car pilot with self-driving car company nuTonomy in Boston as it looks to ramp up its self-driving efforts, and is now matching its riders with self-driving vehicles in parts of Boston, nuTonomy said today. Lyft announced its partnership with nuTonomy in June this year, indicating that the pilots would begin in the coming months. Read More
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Inflect raises $3M seed round to make buying internet infrastructure easier
Inflect, a startup that wants to make it easier for businesses to buy their own internet infrastructure, today announced that it has raised a $3 million seed funding round. The service, which is still in preview, provides business with the necessary data to make their purchasing decisions when they go out and look for their own data center space, networking services and exchange… Read More
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Foursquare’s VP of business development Mike Harkey, who has been with the company for more than five years, has left to join Google as its director of global product partnerships.