Tag: TC

Haus raises $4.5 million to replace your wine club membership

Millennials are tired of being drunk, but are locked into a culture that puts alcohol at the center of professional events and outside-of-work gatherings. Twenty-somethings in New York and San Francisco don’t want to spend $17 on a gin and tonic at a compulsory happy hour. That’s why Haus, a…

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Indian airline SpiceJet confirms breach of 1.2 million passenger details

SpiceJet, one of India’s largest privately owned airlines, has confirmed a data breach involving the details of over a million of its passengers. The security researcher, who described their actions as “ethical hacking” but whom we are not naming as they likely ran afoul of U.S. computer hacking laws, gained…

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Codility raises $22M for its tech recruiting platform

Codility, a platform that helps tech recruiters and hiring managers asses candidates through online coding tests, today announced that it has raised a $22 million Series A round led by Oxx and Kennet Partners. This marks the first time Codility has raised any funding, after ten years as a bootstrapped…

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Avast shuts down marketing analytics subsidiary Jumpshot amid controversy over selling user data

Avast has made a huge business out of selling antivirus protection for computers and mobile devices, but more recently it was revealed that the Czech-based cybersecurity specialist was also cultivating another, more controversial, revenue stream: harvesting and selling on user data, some of which it amassed by way of those…

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Snapchat launches Bitmoji TV: zany 4-min cartoons of your avatar

If you were the star of every show, would you watch more mobile television? Snapchat is betting that narcissism drives resonance for its new weekly videos that put your and your friends’ customizable Bitmoji avatars into a flurry of silly animated situations. Bitmoji TV premieres on Saturday morning, and it’s…

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KPCB has already blown through much of the $600 million it raised last year

Kleiner Perkins, one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. The firm, which underwent a significant restructuring over the…

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