Monica Chin / The Verge:
Sources: Snap has hired a law firm to lead an investigation into accusations of racism and sexism within the company, after former employees spoke out in June — Former staff say they experienced a racist culture — Snap has launched an investigation into accusations of racism and sexism within …
Ellen Huet / Bloomberg:
Emily Kramer, a former VP at equity management service Carta who oversaw publication of Silicon Valley gender-pay gap research, sues Carta over unequal pay — Emily Kramer helped Carta Inc. build a brand that emphasized fair compensation for women in the startup world.
Sarah Perez / TechCrunch:
Spotify launches video podcasts worldwide, starting with select creators, letting free and paid users seamlessly move between the video and audio versions — Spotify today announced the global launch of video podcasts. The new feature at launch will allow users, including both free users …
Patrick McGee / Financial Times:
The autonomous vehicle industry is gravitating toward “highway-only autonomy”, including long-haul trucks, as its hyped pursuit of “go-anywhere” taxis stalls — Sector focuses on long-haul trucks and passenger vehicles after ‘autonomous disillusionment’
Ranjan Roy / Margins:
A deep dive into how Robinhood makes money and how its UX design and algorithmic nudges can lead some inexperienced investors to undertake riskier trades — Don´t be the gravy … For someone who clearly has strong opinions they enjoy communicating with others, investing occupies a weird place for me.
Macy Bayern / TechRepublic:
Linux Foundation announces initiative to help public health officials in pandemic battle, launches two COVID-19 tracker apps using Google and Apple APIs — The project will use the Google Apple Exposure Notification system to support public health authority´s testing, tracing, and isolation practices.
Kyle Wiggers / VentureBeat:
Gyant, which provides AI-enabled remote patient-doctor engagement and symptom checking tools for hospitals and healthcare providers, raises $13.6M Series A — Last Chance: Register for Transform, VB´s AI event of the year, hosted online July 15-17. — Gyant, whose AI-enabled health platform …
Rowan Walrath / AmericanInno:
TileDB, which aims to simplify data management across industries through its technology that was spun out of MIT and Intel Labs, raises $15M Series A — TileDB, a startup headquartered in Cambridge that aims to simplify data management across industries, has brought in $15 million in Series A funding.
Arno Schuetze / Reuters:
Teamviewer has agreed to acquire Ubimax, which makes AR software and wearable computing devices, for €136.5M — FRANKFURT (Reuters) - German software company Teamviewer (TMV.DE) has agreed to acquire peer Ubimax to expand its offering in augmented reality and internet of things, it said on Wednesday.
Kira Tebbe / OneZero :
In 2019, Facebook, Apple, Amazon, Microsoft, and Google were collectively granted ~27,000 H-1B visas, over 30% of total visas available to private companies — Five tech companies use nearly 30,000 H1-B visas, while over 50% of graduate STEM degrees are earned by international students