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Daniel Song's Newsletter Archive

Tue, Nov 24 2020

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Hello and welcome to my Nuzzel newsletter! Daniel Song (I have a small case of the napoleon complex. No biggie, though. Making buttons @vsco)
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Roiled by Election, Facebook Struggles to Balance Civility and Growth
The New York Times – Kevin Roose – Nov 24, 2020, 2:00 AM

SAN FRANCISCO — In the tense days after the presidential election, a team of Facebook employees presented the chief executive, Mark Zuckerberg, with an alarming finding: Election-related misinformation was going viral on the site. President…

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Mobile banking app Current raises $131M Series C, tops 2 million members
TechCrunch – Sarah Perez – Nov 24, 2020, 3:14 PM

U.S. challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management. The additional financing brings Current to over $180 million…

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SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion
Bloomberg – Lulu Yilun Chen – Nov 23, 2020, 7:39 PM

Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking startup ahead of a potential initial public offering. SoftBank's Vision Fund…

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Industrial drone maker Percepto raises $45M and integrates with Boston Dynamics' Spot
TechCrunch – Ingrid Lunden – Nov 24, 2020, 11:56 AM

Consumer drones have over the years struggled with an image of being no more than expensive and delicate toys. But applications in industrial, military and enterprise scenarios have shown that there is indeed a market for unmanned aerial vehicles…

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Inside the spectacular startup failure of Oomba
The Verge – Amanda Chicago Lewis – Nov 23, 2020, 7:00 AM

When her new boss started hitting on her, Ronnie* wondered if she might be able to take advantage of the situation. She was 23, and by now she'd figured out that when she raised the pitch of her voice and dressed like an anime fantasy girl…

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