500 Global closes $143M fund for Southeast Asia startups

September 6, 2023
500 Global, the venture firm and seed accelerator, has closed $143 million in financing for what it claims is its largest Southeast Asia early-stage fund to date. The new tranche, 500 Southeast Asia III, or “500 SEA III” for short, counts a sovereign wealth fund, public and private pension funds, a university endowment and 500 […]

Meta denied injunction against Norway’s ban order on its surveillance ads

September 6, 2023
Meta has lost a first bid to get an injunction slapped on a ban Norway’s data protection authority imposed on its consentless behavioral ad targeting in July. The order also provides for daily fines for non-compliance. An Oslo District court rejected Meta’s arguments seeking to block the order and ruled in favor of the Datatilsynet. […]

HubSpot unveils strategy to integrate AI across the platform

September 6, 2023
HubSpot, the Boston-based marketing and CRM platform, announced a comprehensive AI strategy it’s calling HubSpot AI, at its Inbound customer conference in Boston today. While HubSpot, much like other enterprise SaaS vendors, has been building in elements of AI for years, with the rise of ChatGPT this year, it is taking a broader approach, while maintaining […]

Read-it-later app Matter can now transcribe your favorite podcasts

September 6, 2023
Matter, a GV-backed read-it-later app that competes broadly with apps like Pocket and Instapaper, though with more of a focus on reading recommendations, is today launching a new way to use its app. The company this morning is debuting “Readable Podcasts,” a feature that will let you save favorite podcasts and transcribe their audio to […]

Bandana is building a platform to help hourly wage workers find better jobs

September 6, 2023
Bandana’s co-founder and CEO Timothy Makalinao grew up in a working class household and saw first-hand how hard it can be for hourly wage employees to find decent work and support a family. When he launched his company last year with two friends he met at college a decade ago — COO Caleb Lee and […]