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Two leading Democrats in Congress are calling for new disclosures from Facebook and Twitter about Russian disinformation campaigns on their platforms. In a letter, Rep. Adam Schiff and Sen. Dianne Feinstein, minority leads on the House Intel and Senate Judiciary committees respectively, called for the two tech companies to release any information that have about
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Facebook has confirmed to TechCrunch that it’s acquired… Confirm.io. The startup offered an API that let other companies quickly verify someone’s government-issued identification card, like a driver’s license, was authentic. The Boston-based startup will shut down as both its team and technology are rolled into Facebook, where it could help users who are locked out
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Tradeshift, a procure-to-pay supply chain management platform for SMBs and enterprise, announced Tradeshift Frontiers, an innovation lab and incubator that will focus on transforming supply chains through emerging technologies, such as distributed ledgers, artificial intelligence and the internet of things. “The use cases we’re working through Frontiers cover a very wide variety of themes, including supply
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While crypto may be obvious to us overlords of digital media, awareness of all facets of cryptocurrency still belongs to a small – but growing – minority. In a large scale survey by SurveyMonkey and the Global Blockchain Business Council, 5,000 responded to an extensive poll about the popularity and use of cryptocurrency. Some interesting
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Element.AI — which last year raised $102 million from the likes of Microsoft, Intel, Nvidia and more to build an incubator-meets-consultancy to work with multiple businesses as they launch new services and systems based on artificial intelligence — is entering the next phase of its growth this week. The Canadian startup — co-founded by Jean-François Gagné, Nicolas
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Aspect Ventures has finalized its second fund. The team led by Jennifer Fonstad and Theresia Gouw has closed $181 million, up from $150 million it raised at its inception three years ago.  An SEC filing last year alerted us that the team was fundraising, but now it’s officially official. Aspect is also adding Melinda Gates
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Japanese bitcoin and cryptocurrency exchange BitFlyer has expanded into Europe after it landed a payment license to operate across the EU. Data from Coinmarketcap.com shows that BitFlyer is the world’s 14th largest exchange based on volume, with more than $294 million trading in the last 24 hours at the time of writing. Bitcoin is the
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Netflix crossed a fun milestone today, crossing the $100 billion mark for its market cap as it once again surprised industry observers with better-than-expected growth in its subscribers. We’ll get to the financial numbers in a minute but, as usual, the big story here is that it continues to wow Wall Street with impressive growth in
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Rupert Murdoch, the executive chairman of News Corporation, today issued a statement calling for Facebook and Google to subsidize the news traveling through their platforms. In the statement, Murdoch calls on Facebook to pay a carriage fee, as cable companies do with pay TV, to trusted publishers that are posting their content on the social
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