Amazon deflects responsibility on fake reviews but admits 200M were blocked last year

Amazon admits it has a fake review problem, but does its best to spread the blame around in a new post detailing the issue. After numerous reports for years that the online retail giant is overrun with knock-off products and faked or farmed reviews, the company aims to look as if it is finally putt… Read Full Article Posted By : Tech Big News

Without a clear ask, your pitch deck is useless

Having a great &quot;ask&quot; slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there. Read Full Article Posted By : Tech Big News

Equity crowdfunding appears immune to market volatility, on track for its best year yet

With the fundraising climate now showing cloudy skies, equity crowdfunding is getting ready for a field day. Read Full Article Posted By : Tech Big News

Seed is not the new Series A

Most Series A investors today look for around $2 million in annual recurring revenues (ARR) before they lean in, but getting to that figure is a very long and thorny path. Read Full Article Posted By : Tech Big News

Apna raises $70 million to help workers in India secure jobs

Indian cities are home to hundreds of millions of low-skilled workers who hail from villages in search of work. Many of them have lost their jobs amid the coronavirus pandemic that has slowed several economic activities in the world&#8217;s second-largest internet market. Apna, a startup by an Appl… Read Full Article Posted By : Tech Big News

Spotify launches its live audio app and Clubhouse rival, Spotify Greenroom

In March, Spotify announced it was acquiring the company behind the sports-focused audio app Locker Room to help speed its entry into the live audio market. Today, the company is making good on that deal with the launch of Spotify Greenroom, a new mobile app that allows Spotify users worldwide to j… Read Full Article Posted By : Tech Big News

Lordstown Motors execs cite binding orders to restore confidence a day after CEO, CFO resignations

Lordstown Motors has enough &#8220;binding orders&#8221; from customers to fund limited production of its electric pickup truck through May 2022, executives at the company said Tuesday, just a day after an executive shakeup that included the resignation of the company&#8217;s CEO and CFO. Reaching … Read Full Article Posted By : Tech Big News

Gloat raises $57M to reinvent the internal job board

A lot of the focus in recruitment these days has been on better technology to connect people to job opportunities at new organizations, but that also leaves a wide opening to focus on one of the other big funnels for finding work: internal transfers. Today, a startup that is building tools to impro… Read Full Article Posted By : Tech Big News

Insurtech AI startup Akur8 closes $30M Series B

Automating insurance pricing is a big business, and the world of AI is coming at it &#8220;full pelt.&#8221; The latest is Akur8, an insurtech automating insurance platform whose &#8220;Transparent AI&#8221; product is trying to eat into the incumbent large business of Willis Towers Watson, among o… Read Full Article Posted By : Tech Big News

Biden admin will share more info with online platforms on ‘front lines’ of domestic terror fight

The Biden administration is outlining new plans to combat domestic terrorism in light of the January 6 attack on the U.S. Capitol and social media companies have their own part to play. The White House released on Tuesday a new national strategy on countering domestic terrorism. The plan acknowledg… Read Full Article Posted By : Tech Big News

On a growth tear, DuckDuckGo reveals it picked up $100M in secondary investment last year

Privacy tech continues cooking on gas. To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end of last year with $100 million+ in &#8220;mainly secondary investment&#8221; &#8212; from a mix of existing and new investors. Its blog post nam… Read Full Article Posted By : Tech Big News