Working in the shared truckload market, here’s hoping that Flock can do something about the global supply chain crisis.
Shipping carpooling is big business: Flock Freight is the newest unicorn after raising nine figures worth of cash from SoftBank in a Series D. Per Natasha Lomas, the startup “uses artificial intelligence to help financial services companies combat fraud and financial crime.” At some point, it will be entirely possible to spin up a neobank that fully outsources every single element of its tech stack. Fraud prevention as a service: That appears to be the gig that Resistant AI - which just raised $16.6 million - is chasing. If you are in building mode, this might be just the bit of writing you were looking for. Precisely what PayPal will do with Pinterest as an asset is not clear, but there is a certain historical irony to PayPal, which famously split from eBay, potentially linking up with another non-financial company.īefore we dive into pieces of discrete news, our own Romain Dillet has a great piece out today concerning how startups can go about picking the right technology stack for their business. fintech giant PayPal may buy fellow domestic public company Pinterest raised eyebrows in both financial and technology circles. PayPal may buy Pinterest: And because the day was not busy enough, news that U.S. 
And Rent the Runway is pursuing an IPO at a valuation north of $1 billion, though we have yet to fully parse that filing. Separately, Udemy set an initial IPO price range, perhaps valuing the company at more than $4 billion. Backblaze, for example, reported in its IPO filing that it has been a cash-efficient operation en route to going public. IPO updates galore: While large technology companies and governments made much of the news today, a number of former startups busy approaching the public markets also made plenty of noise.Perhaps the focus explains the company’s long-held focus on VR.
Twitter immediately exploded into jokes, but the core news element - that Facebook really is focused on building a so-called metaverse company - appears serious enough. Facebook said to ponder name change: Remember when Google created Alphabet, a holding company for its various ambitions? Facebook is reportedly mulling a similar reset and potentially renaming itself.Make it your mission to buy your pass to TC Sessions: Space 2021 today
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