Cloudflare files for initial public offering

After much speculation and no small amount of controversy, Cloudflare, one of the companies that ensures that websites run smoothly on the internet, has filed for its initial public offering. The company (which made its debut on TechCrunch’s Battlefield stage) has put a placeholder value of the offering at $100 million, but it will likely […]

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Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand […]

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How a Swedish saxophonist built Kobalt, the world’s next music unicorn

You may not have heard of Kobalt before, but you probably engage with the music it oversees every day, if not almost every hour. Combining a technology platform to better track ownership rights and royalties of songs with a new approach to representing musicians in their careers, Kobalt has risen from the ashes of the […]

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Apple rolls out Apple Card Preview to select users

Apple Card is getting its first group of public test users today. A limited amount of customers that signed up to be notified about the release of Apple Card are getting the ability to apply for the card in their Wallet app today — as well as the option to order their physical Apple Card. […]

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Apple Card can’t be used to buy crypto

Cryptocurrency fans who were hoping to use Apple’s forthcoming credit card to splash on coin are out of luck. You also won’t be able to use the Apple Card to buy lottery tickets, casino gambling chips in any form, physical or virtual, or foreign currency or travelers checks. Reuters spotted the detail in a customer […]

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Rebel Foods, which operates more than 235 ‘internet restaurants’ in India, quietly raised $125 million this month

In May, venture capitalist Michael Moritz of Sequoia Capital warned in a Financial Times column that Amazon’s recent $575 million investment in the London-based delivery service Deliveroo could prove ominous for local restaurants. Wrote Moritz: “Amazon is now one step away from becoming a multi-brand restaurant company — and that could mean doomsday for many […]

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The maker of popular selfie app Facetune just landed $135 million at a unicorn valuation

Facetune, a photo editing app that empowers users to cover their gray hairs, refine their jaw lines, and reshape their noses, was first introduced around six years ago, and it quickly climbed to the top of the download charts, becoming Apple’s most popular paid app of 2017. Despite stiff competition, it has remaining highly popular, […]

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The maker of popular selfie app Facetune just landed $135 million at a unicorn valuation

Facetune, a photo editing app that empowers users to cover their gray hairs, refine their jaw lines, and reshape their noses, was first introduced around six years ago, and it quickly climbed to the top of the download charts, becoming Apple’s most popular paid app of 2017. Despite stiff competition, it has remaining highly popular, […]

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Startups Weekly: SoftBank’s second act

In this week’s newsletter: Everything you need to know about the Vision Fund II.

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