Sequoia wraps up new $695M fund for India and Southeast Asia – TechCrunch

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Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago. Reports at the beginning of this year suggested that the firm was shooting for a $1 billion fund, perhaps influenced by
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NYU and Facebook team up to supercharge MRI scans with AI – TechCrunch

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Magnetic resonance imaging is an invaluable tool in the medical field, but it’s also a slow and cumbersome process. It may take fifteen minutes or an hour to complete a scan, during which time the patient, perhaps a child or someone in serious pain, must sit perfectly still. NYU has been working on a way
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HUD complaint accuses Facebook ads of violating Fair Housing Act – TechCrunch

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A new complaint filed Friday by the U.S. Department of Housing and Urban Development (HUD) accuses Facebook of helping landlords and home sellers violate the Fair Housing Act. According to the grievance filed by the department, Facebook’s ad settings let sellers disregard laws by targeting specific demographics. HUD says that the ability to tailor Facebook
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Movado Group acquires watch startup MVMT – TechCrunch

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The Movado Group, which sells multiple brands, including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased the company for $100 million. “The acquisition of MVMT
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Facebook’s Kodi box ban is nothing new – TechCrunch

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According to recent reports, Facebook has updated its Commerce Policy to specifically ban the sale of Kodi boxes on its site – that is, devices that come with pre-installed Kodi software, which are often used for illegally streaming digital content. However, the ban is not a new one – Facebook confirms its policy on Kodi box
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Facebook awards $200K to Internet Defense Prize winners – TechCrunch

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Facebook announced today the winners of its annual Internet Defense Prize and awarded first-, second- and third-place winners a total of $200,000 for research papers that addressed topics of internet security and privacy. Combined with $800,000 in Secure the Internet Grants awarded to security and privacy researchers earlier this week, the company has now completed its
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Facebook is going back to college – TechCrunch

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More posts by this contributor Broadening education investments to full-stack solutions College for the 21st century Kids these days take a greater interest in practical things than we give them credit for. For example, this summer my 12-year-old son Leo was at sleepaway camp in Canada. When we received his first letter home, among camp
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Facebook cracks down on opioid dealers after years of neglect – TechCrunch

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Facebook’s role in the opioid crisis could become another scandal following yesterday’s release of harrowing new statistics from the Center for Disease Control. It estimated there were nearly 30,000 synthetic opioid overdose deaths in the U.S. in 2017, up from roughly 20,000 the year before. When recreational drugs like Xanax and OxyContin are adulterated with
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