Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks revealed that founder Girish Mathrubootham has stepped down as CEO. Dennis Woodside, who joined Freshworks as president in September 2022 and previously served as …...Read More

TikTok — facing yet more threats of being banned in key markets — scored an important win today to beef up its content and profile with consumers. Users on TikTok can once again create music clips using tracks from UMG’s catalog, a list featuring some of the biggest names in …...Read More

Haun Ventures is riding the bitcoin high The firm invested $5 million in Agora, a front-end solution for Dao governance, this week Blockchain startups were red-hot when Katie Haun left Andreessen Horowitz in 2021 to launch her own crypto-focused venture firm. But shortly after Haun announced that Huan Ventures’ two …...Read More

At the 2024 IAB NewFronts event on Wednesday, Snapchat announced a series of new augmented reality (AR) and machine learning (ML) tools designed to help brands and advertisers reach users on the social network with interactive experiences. The company said that it’s been investing in ML and automation to make …...Read More

When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, …...Read More

Mars exploration has been always been the exclusive purview of national space agencies, but NASA is trying to change that, awarding a dozen research tasks to private companies as a prelude to commercial support for future missions to the Red Planet. It’s the second time in a month that the …...Read More

United HealthCare CEO says ‘maybe a third’ of U.S. citizens were affected by recent hack Two months after hackers broke into Change Healthcare systems stealing and then encrypting company data, it’s still unclear how many Americans were impacted by the cyberattack. Last month, Andrew Witty, the CEO of Change Healthcare’s …...Read More

In the summer of 2022, Pinterest quietly launched a new iOS app called Shuffles that allowed people to put together collages using photos and image cutouts from its website. The app took off with Gen Z users, and the functionality later became integrated into Pinterest itself. Now the company says …...Read More

Tiger Global-backed Innovaccer in talks to raise $250 million in new funding, sources say Innovaccer, a healthtech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as much as $250 million in a new financing round, three sources familiar …...Read More

Airbnb’s summer release is usually a grand affair with tons of updates for guests and a few for hosts. This time, however, the company is introducing just a few updates for group booking along with a new category called icons, which are experiences hosted by celebrated names in music, film, …...Read More