The European Commission has announced the launch of a pilot project intended to test draft ethical rules for developing and applying artificial intelligence technologies to ensure they can be implemented in practice. It’s also aiming to garner feedback and encourage international consensus building for what it dubs “human-centric AI” — targeting among other talking shops […]

Klaviyo, a Boston-based email marketing firm founded in 2012, went about building its email marketing business the old fashioned way. First it built a profitable company, then it went looking for funding to accelerate the growth. Today, it announced a massive $150 million Series B with the entire sum coming from Summit Partners. The company […]

Just 5 months after announcing £85 million in Series E funding, Monzo is already gearing up to raise additional funding, which would almost double its valuation. As reported in the Sunday Times yesterday, the U.K. challenger bank is close to raising £100 million in further funding in a new round led by an unnamed U.S. […]

Viber, the messaging app owned by Rakuten that a year ago said it had 1 billion registered users, has added another feature in its longer-term efforts to add more stickiness to its service, while also bringing in a little more revenue to the business: users now have the option of subscribing to have “local numbers” […]

Loan platform Kabbage — which offers quick assessment and approvals for small business loans using machine learning algorithms that pull data from dozens of sources — has closed another large securitization as it continues to grow its operations. The company said has closed an asset-backed securitization of $700 million, which it says it the largest transaction […]

After dropping its IPO filing two weeks ago, today Pinterest, the social media platform where people can discover and share ideas and content through grids of “pinned” images, filed an updated S-1 where it set the price range at $15-17 per share for a sale of 75 million shares. At this range, the company will raise between […]

The UK government has laid out proposals to regulate online and social media platforms, setting out the substance of its long-awaited White Paper on online harms today — and kicking off a public consultation. The Online Harms White Paper is a joint proposal from the Department for Digital, Culture, Media and Sport (DCMS) and Home […]

Veratrak, a London-based startup that aims to digitise the pharmaceutical supply chain, has picked up £1 million in seed funding. Leading the round is Force Over Mass, with participation from Seedcamp, Ascension Ventures, Blockchain Valley Ventures, and Truesight Ventures. A number of individual investors have also backed the young company. They include ex-Head of Corporate […]

A powerful data-stealing malware campaign with a tax theme is on the rise to target unsuspecting filers ahead of Tax Day. TrickBot, a financially motivated trojan, infects Windows computers through a malicious Excel document sent by a specially crafted email. Once infected, the malware targets vulnerable devices on the network and combs for passwords and […]

Southeast Asian media is ablaze with discussion of the latest “decacorn” — $10 billion-valued startup — in the region after Go-Jek reportedly hit the milestone, but the Indonesia-based company is being prematurely anointed. Two sources close to Go-Jek told TechCrunch that the ride-hailing firm’s current valuation is just shy of the $10 billion mark — […]