London-based Causaly, which uses AI for biomedical research and drug discovery, raised a $60M Series B led by ICONIQ Growth, taking its total funding to $93M (Ingrid Lunden/TechCrunch)
July 14, 2023
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Critics say FTC Chair Lina Khan’s take-it-to-the-courts strategy is flawed, ahead of a House Judiciary Committee hearing to “examine mismanagement of the FTC” (Cecilia Kang/New York Times)
July 12, 2023
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A California law firm launches a class-action suit against Google, alleging user data scraping sans consent for AI training, after a similar suit against OpenAI (Catherine Thorbecke/CNN)
July 12, 2023
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Twitter’s best defense against Threads may be to refocus on news and reactions from people you follow, leaving growth via algorithmic feeds to Threads (Ben Thompson/Stratechery)
July 12, 2023
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Collective, a financial management service for freelancers offering bookkeeping, payroll, and tax tools, raised $50M, bringing its total funding to $82M (Kyle Wiggers/TechCrunch)
July 12, 2023
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Salesforce plans its first price hike in seven years by ~9% for some products like Tableau and Sales Cloud, effective August 2023 for new and existing customers (Brody Ford/Bloomberg)
July 12, 2023
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Linux distribution company SUSE says it’s creating a hard fork of Red Hat Enterprise Linux and plans to invest $10M into the project over the coming years (Frederic Lardinois/TechCrunch)
July 12, 2023
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