Archive for August 3rd, 2006
links for 2006-08-02
Posted by: amygdala on August 3, 2006
- Revolut plans ad sales push, expects to derive a "proper chunk" of its revenue from targeted ads, and hires a former TikTok executive to lead its media strategy (Akila Quinio/Financial Times)
- Nominal, which offers tools for data analysis, testing, and more to startups building advanced hardware like drones, emerges from stealth with $27.5M in funding (Lizette Chapman/Bloomberg)
- TabaPay, which offers instant payment services, agrees to acquire assets of banking-as-a-service startup Synapse, after Synapse filed for Chapter 11 bankruptcy (TechCrunch)
- Amazon ends drone deliveries in Lockeford, California, which began in 2022, and plans to expand them to Tolleson, Arizona, in 2024 and other US regions in 2025 (Annie Palmer/CNBC)
- HR software company Rippling announces a $200M Series F led by Coatue at a $13.5B valuation, up from $11.25B in March 2023, and a separate $590M tender offer (Connie Loizos/TechCrunch)
- Newsletter service Ghost says it plans to add ActivityPub support in 2024; rival service Buttondown also plans ActivityPub support (Nilay Patel/The Verge)
- Source: UnitedHealth's Change Healthcare was compromised on February 12, nine days before the ransomware attack; the company paid a ransom to the hackers (James Rundle/Wall Street Journal)
- Pomelo, a "send now, pay later" startup that lets users in the US send money in the form of credit to people in the Philippines, raised a $35M Series A (Mary Ann Azevedo/TechCrunch)
- Meta opens up its VR OS called Horizon OS to third parties and says Asus and Lenovo are both planning Meta Horizon OS-compatible headsets (Scott Stein/CNET)
- Cloud data management company Informatica says it is not currently in talks to be acquired, after Salesforce's reported interest in a ~$10B deal; INFA falls 8%+ (Rohan Goswami/CNBC)
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Amy G. Dala 