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Showing posts from May, 2021

French Open slammed for 'hypocritical' response to Naomi Osaka's mental health concerns

Four-time Grand Slam winner Naomi Osaka withdrew from the French Open on Monday, citing her mental health. The French Tennis Federation (FFT) has now released a response to her unexpected withdrawal. It isn't great. Last Wednesday Osaka announced she would not be doing any of the usual post-match press during the tournament in order to protect her mental wellbeing. Acknowledging that she would likely be fined for this decision, the current World No. 2 expressed a desire that the money would go toward a mental health charity. "I've often felt that people have no regard for athletes [sic] mental health and this rings very true whenever I see a press conference or partake in one," Osaka wrote in a note she shared on Twitter. "I've watched many clips of athletes breaking down after a loss in a press room and I know you have as well. I believe the whole situation is kicking a person while they're down and I don't understand the reasoning behind it.&quo

European insurtech startup Wefox grabs $650 million at $3 billion valuation

German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox is a digital insurer focused on personal insurance products, such as household insurance, motor insurance and personal liability insurance. “It’s much more than we wanted to raise initially. It was a very fast process and essentially we were oversubscribed by 4x or so,” co-founder and CEO Julian Teicke (pictured left) told me. In December 2019, the company reported a $1.65 billion valuation. And the company says today’s funding round is one of the largest Series C rounds of all time — and likely the largest Series C round for an insurtech company more specifically. “Almost all of the big existing investors are participating,” Teicke said. OMERS Ventures, G Squared, Mountain Partners, Merian, Horizons Ventures, Eurazeo, Mubadala Capital, Salesforce Ventures, Speedinvest, CE Innovation Capital,

Create your dream video game from scratch with this online course bundle

TL;DR: The Hands-On Game Development Bundle is on sale for £24.73 as of June 1, saving you 98% on list price. Time and again, you've been told learning to code is one of the most valuable skills a person can have these days. But most people never had the time or energy to learn. Well, now that you're sheltering in place, there are no more excuses. With a little help from this Hands-On Game Development Bundle , you can start coding your little heart out. And by the end of the training, you'll have your own video game to show for it. How's that for a new skill?  SEE ALSO: Secure your online world with all the best VPNs in May 2021 Read more... More about Video Games , Mashable Shopping , Online Courses , Uk Deals , and Tech from Mashable https://ift.tt/3wPv7C2 via IFTTT

Elon Musk says Tesla prices are increasing because of supply chain disruptions across the auto industry

Tesla Model Y. Tesla The prices of some Tesla models are going up because of the supply chain issues, CEO Elon Musk said. Tesla earlier this month boosted prices on its Model 3 and Model Y. The global auto industry has been hit hard by supply chain issues, notably a shortage of computer chips. See more stories on Insider's business page . Prices on some Tesla models are increasing due to global supply chain disruptions in the auto industry, particularly with raw materials, Elon Musk said on Twitter Monday. Musk's explanation came in response to a Twitter user who said he didn't like the "direction" the company was going in by "raising prices of vehicles but removing features like lumbar for the Model Y." The Tesla and SpaceX CEO responded: "Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially." -Elon Musk (@elonmusk) May 31, 2021 Tesla earlier this month boosted prices on its Model 3

Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors

Zenyum , a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused on consumer brands. The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program ), RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. L Catteron Asia’s head of growth investments, Anjana Sasidharan, will join Zenyum’s board. This brings Zenyum’s total raised so far to $56 million, including a $13.6 million Series A announced in November 2019 . In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” Other dental-related investments in L Catteron’s portfolio include Ideal Image, ClearChoice, dentalcorp, OdontoCompany, Espaçolaser and 98point6. Sequoia re

Republican Rep. Louie Gohmert downplayed the Capitol riot at a major QAnon conference and posed for photos with a conspiracy theorist influencer

Rep. Louie Gohmert, left, talks with fellow GOP Reps. Matt Gaetz and Jim Jordan. Photo by Caroline Brehman/CQ-Roll Call, Inc via Getty Images Rep. Louie Gohmert, a Texas Republican, spoke at a major QAnon conference on Saturday in Dallas. Gohmert downplayed the Jan. 6 Capitol riot to the crowd of QAnon supporters and MAGA proponents. The congressman spoke in front of a large image of the event's logo, which featured the QAnon mantra "Where we go one, we go all." See more stories on Insider's business page . Rep. Louie Gohmert, a Texas Republican, spoke at a major QAnon conference on Saturday in Dallas and downplayed the January 6 Capitol riot to a crowd that included major conspiracy theorist influencers. The congressman condemned his colleagues in the House who are pushing for a bipartisan commission to investigate the Capitol riot and argued that the events of Jan. 6 paled in comparison to both the 9/11 terror and Pearl Harbor attacks, according to report

OpenX is exploring a sale

Hi and welcome to Insider Advertising for June 1. I'm deputy editor Lucia Moses, filling in for Lauren Johnson, and here's what's going on: OpenX explores a sale. Who'll run Discovery-WarnerMedia. Fastest-growing DTC brands. If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media. Tips, comments, suggestions? Drop me a line at lmoses@insider.com or on Twitter at @lmoses. A view of the OpenX coffee bar at Advertising Week 2015 in New York City. D Dipasupil/Getty Images for AWXII Adtech company OpenX is exploring a possible sale, sources say The supply-side ad platform is exploring a potential sale , sources told Lara O'Reilly. Founded in 2008, the company has raised more than $70 million but hit hard times in the pandemic. A sale would add to the flurry of recent deal activity in adtech. Read the story. President and CEO, Discovery David Zaslav. Amanda Edwards/Getty Images for Discovery

A day in the life of a Singapore-based managing director at ServiceNow, who squeezes in 2-minute workouts between meetings and says 2020 was the best year of his working life

Wee Luen Chia (right) says 2020 has been the best year of his working life because it allowed him to spend more time with his family. Wee Luen Chia Wee Luen Chia is a Singapore-based executive at ServiceNow , an American software company. He wakes up early to get his four-year-old daughter ready for school, works from his home in the morning, and spends part of his day at the office. He says 2020 was the best year of his working life because he got to spend more time with his daughter. See more stories on Insider's business page . Wee Luen Chia, 43, is a Singapore-based executive at ServiceNow, an American software company with a global team of 14,000 people. ServiceNow As Managing Director and Area Vice President in Asia, Chia oversees a team of more than 100 people in his home country of Singapore. He joined ServiceNow , which makes software that automates business processes to help its customers work more efficiently, in 2019. He previously worked at Oracle, Red