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Wednesday, 31 March 2021
Spain’s Glovo picks up $528M as Europe’s food delivery market continues to heat up
Celonis announces significant partnership with IBM to sell its process mining software
TSMC says it plans to spend $100B over the next three years to expand its chip fabrication capacity (Debby Wu/Bloomberg)
Tonal, which makes a smart home strength training workout system, raises $250M Series E at a $1.6B valuation; Tonal's sales rose 800% from Dec. 2019-Dec. 2020 (JP Mangalindan/TechCrunch)
Microsoft has officially discontinued its Cortana mobile app for both iOS and Android (Tim Hardwick/MacRumors)
During an address, President Biden said Amazon uses "various loopholes" to avoid paying any federal income taxes, but says he doesn't want to "punish" them (Nandita Bose/Reuters)
Sources: draft Biden executive order would require companies doing business with the federal government to report hacks of their networks within a few days (Bloomberg)
Deliveroo debuts on the LSE at £3.31, down ~15% on its private pricing of £3.90 valuing the company at £7.59B; poor debut likely due to labor practice issues (Ingrid Lunden/TechCrunch)
Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B
Remote-controlled forklifts have arrived in France, courtesy of Phantom Auto

Facebook gets a C – Startup rates the ‘ethics’ of social media platforms, targets asset managers
