Daily Crunch: WeWork delays its IPO

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1. WeWork withdraws its S-1 filing, will delay its IPO

The pass used to be broadly expected, but The We Firm (which owns WeWork) made it official yesterday, with new co-CEOs Artie Minson and Sebastian Gunningham declaring that they’ve “made up our minds to effect off our IPO to focal level on our core enterprise.”

Since the corporate’s S-1 grew to become public, it has confronted intense scrutiny over the general explain of its funds, and further namely over the ability and behavior of Adam Neumann, who stepped down as CEO final week.

2. Europe’s high court says energetic consent is necessary for tracking cookies

It’s a resolution that plunges many internet sites into licensed scorching water in Europe. The Court says consent desires to be obtained prior to storing or accessing non-a must-enjoy cookies, such as tracking cookies for centered advertising.

3. Twitter launches its anti-abuse filter for Reveal Messages

Twitter is rolling out its spam and abuse filter for Reveal Messages, a month and a half after the corporate announced it had began trying out the feature. This ought to quiet be precious for those that desire to effect their DMs open with out having to see abusive roar material.

4. Microsoft OneDrive Deepest Vault rolls out worldwide, launches expandable storage

Earlier this summer season, Microsoft presented an further layer of safety for its OneDrive product, allowing users to guard their recordsdata with two-step verification. Now it’s rolling this selection out worldwide.

5. Pandora puts its personalization powers to work in a revamped app

The corporate’s new cell abilities involves an actual “For You” tab the keep a continuously up up to now feed of roar material is presented to users, alongside with tune and podcast suggestions.

6. Rapyd raises $100M for its ‘fintech as a provider’ API, now valued at almost a $1B valuation

Currently, Rapyd lets customers exercise its API to allow checkout, funds sequence, fund disbursements, compliance as a provider, international exchange, card issuing and integration.

7. SmartNews’ head of product on how the news discovery app desires to free readers from filter bubbles

SmartNews’ Jeannie Yang talks in regards to the app’s space within the media ecosystem, developing recommendation algorithms that don’t purple meat up biases, the variation between its Japanese and American users and the challenges of presenting political news in a extremely polarized atmosphere. (Additional Crunch membership required.)


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