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Lawmakers say Amazon’s facial recognition software may be racially biased and harm free expression

By |November 30th, 2018|

Amazon has “failed to provide sufficient answers” about its controversial facial recognition software, Rekognition — and lawmakers won’t take the company’s usual silent treatment for an answer. The letter, signed by eight lawmakers — including Sen. Edward Markey and Reps. John Lewis and Judy Chu — called on Amazon chief executive Jeff Bezos to explain --> READ MORE

DoJ charges Autonomy founder with fraud over $11BN sale to HP

By |November 30th, 2018|

U.K. entrepreneur turned billionaire investor Mike Lynch has been charged with fraud in the U.S. over the 2011 sale of his enterprise software company. Lynch sold Autonomy, the big data company he founded back in 1996, to computer giant HP for around $11 billion some seven years ago. But within a year around three-quarters of --> READ MORE

China’s Infervision is helping 280 hospitals worldwide detect cancers from images

By |November 30th, 2018|

Until recently, humans have relied on the trained eyes of doctors to diagnose diseases from medical images. Beijing-based Infervision is among a handful of artificial intelligence startups around the world racing to improve medical imaging analysis through deep learning, the same technology that powers face recognition and autonomous driving. The startup, which has to date raised $70 --> READ MORE

There’s definitely reason to worry about Brexit, says Accel’s London team

By |November 30th, 2018|

Longtime Accel partners Philippe Botteri, Sonali De Rycker, Luciana Lixandru and Harry Nelis took the stage at Disrupt Berlin earlier today, and unlike many London-based investors, who have downplayed how much Brexit could hurt their local economy, the team was frank about their sundry concerns over what happens if the U.K. leaves the European Union --> READ MORE

Asana raises $50M, Airbnb gets a new CFO and a 2019 IPO preview

By |November 30th, 2018|

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week as TechCrunch Disrupt Berlin came to life, Kate Clark and I snagged some mics and dug through the biggest news of the week (a $50 million check), and talked through who may go public next year --> READ MORE

Shuttle business Via could add scooters to its lineup

By |November 30th, 2018|

Via, a shuttle-based carpooling service and platform that partners with cities in the U.S. and Europe, could soon add scooters to its business. Via CEO and co-founder Daniel Ramot said onstage at TechCrunch Disrupt Berlin that the company is experimenting with the idea of adding scooters as a complement to its shuttle business. “We’re also adding scooters mostly, --> READ MORE

Sweetgreen is opening up order-ahead locations inside WeWork

By |November 30th, 2018|

Salad startup Sweetgreen is expanding on a pilot program with WeWork that provides free delivery to WeWork members. Though, it’s more accurate to describe it as an order-ahead service that lets you pick up your food from your WeWork of choice. Geared toward WeWork employees and members, Sweetgreen at WeWork outposts are going live in --> READ MORE

Apple Music is coming to the Amazon Echo

By |November 30th, 2018|

Starting mid-December, Amazon Echo devices will be able to stream songs from Apple Music. A bit of a surprise, perhaps, given that Apple’s been a competitor in the space since launching the HomePod back in 2017. Amazon’s had its own music service for some time, as well, but the company appears to have given up --> READ MORE

Facebook quietly hired Republican strategy firm Targeted Victory

By |November 30th, 2018|

Facebook is still reeling from the revelation that it hired an opposition research firm with close ties to the Republican party, but its relationship with Definers Public Affairs isn’t the company’s only recent contract work with deeply GOP-linked strategy firms. While that work alone isn’t cause for controversy, Facebook’s work with Republican groups does call --> READ MORE

UrbanClap, India’s largest home services startup, raises $50M

By |November 30th, 2018|

UrbanClap, a four-year-old startup that offers home services across India, has closed a $50 million Series D round for expansion. The round was led by Steadview Capital, a hedge fund with more than $1 billion under management, and existing investor Vy Capital. It takes UrbanClap to $110 million raised to date, according to data from Crunchbase. --> READ MORE