Business

Reviews website Trustpilot said Tuesday that it has raised $55 million in a funding round aimed at fueling growth. The investment was led by Sunley House, a subsidiary of buyout-focused private equity firm Advent International. Existing shareholders Vitruvian Partners, Draper Esprit, Index Ventures and Northzone also contributed. Trustpilot didn’t disclose its valuation, but the latest
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Alphabet’s Chronicle, the cybersecurity division that was spun out of X (formerly Google X), has just announced its first commercial product — a security data platform called Backstory. Using Google’s vast infrastructure and analytics capabilities, Backstory gives security analysts the ability to parse potential threats from the avalanche of alerts, helping them more quickly pinpoint
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YouTube CEO Susan Wojcicki will speak at the Lesbians Who Code conference in San Francisco Friday at 1:15 p.m. ET, one day after her company decided to disable comments on most videos featuring minors in an effort to curb predatory behavior. The Google-owned company faced backlash from advertisers who halted spending on the platform within
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Businesses selling food and beverages infused with CBD have a message for the Food and Drug Administration: Regulate us, please. Congress’ legalization of hemp products, including most CBD, in December is forcing the FDA to consider writing new rules — and casting a cloud of uncertainty over the emerging industry. The absence of clear regulations
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Switching to Juul e-cigarettes reduces smokers’ risk to cigarette toxins at similar levels to quitting entirely, according to results from a clinical trial presented at a conference Saturday. Researchers found switching entirely to Juul reduced smokers’ exposure to biomarkers, or signals of exposure to cigarette smoking, 99.6 percent as much as abstaining entirely from cigarettes.
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The winner of the prestigious best picture award at this year’s Oscars will get a bump at the box office — but it probably won’t be huge. Following their respective nominations in January, “Black Panther,” “BlacKkKlansman,” “Bohemian Rhapsody,” “The Favourite,” “Green Book,” “A Star Is Born” and “Vice” all resurfaced at cinemas, with theater owners
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Kraft Heinz is feeling the squeeze as the brand falls behind food consumption trends and faces other mounting struggles, Wolfe Research analyst Scott Mushkin told CNBC on Friday. Management is catching heat from its connection to cost-cutting private-equity giant 3G Capital, but the food and beverage giant’s revamp of products such as Oscar Mayer is
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The second SpaceX launch of 2019 sent a hodgepodge trio of spacecraft into orbit, including an Israeli spacecraft that represents the first privately-funded lunar mission. SpaceX launched a Falcon 9 rocket on Thursday evening from Cape Canaveral Air Force Station in Florida. This was the third successful mission for the company’s rocket booster, which launched
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Even Facebook CEO Mark Zuckerberg seems to get why consumers might find its Portal creepy. In the first of a series of discussions on technology of society Zuckerberg had as part of his annual personal challenge, Zuckerberg appeared to unwittingly concede the key criticism of Facebook’s new video calling device. While talking about his desire
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Amazon is becoming a bigger presence in the world of physical retail, through its ownership of Whole Foods stores, the opening of bookstores, its rapid expansion of Amazon Go cashierless groceries and new 4-star stores for popular items. For investors focused on the company’s growing footprint, that all made for a confusing disclosure in Amazon’s
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Amazon isn’t killing Walmart online. No, not even close. Walmart’s latest earnings report on Tuesday morning shows the largest bricks-and-mortar retailer in the world is making progress in building out its website, despite Amazon’s looming presence and massive share of U.S. internet sales. Walmart’s e-commerce sales were up 43 percent during the fourth quarter, and
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Large light wooden beams hang from the ceiling with signs for the health services: optical, lab services, hearing, the “health corner” – where patients can make appointments, and pharmacy. The health services share one waiting room though they each have their own room. People can head to the health corner to speak with a Walgreens
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Two years ago, Facebook CEO Mark Zuckerberg announced a renewed focus on communities and its Groups feature, boasting that it would help create a more “meaningful” social infrastructure. It worked. Last month, Zuckerberg told investors that “hundreds of millions” of users reported belonging in “meaningful groups,” up from one million in 2017, when the company
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