{"id":45869,"date":"2023-10-20T15:46:53","date_gmt":"2023-10-20T15:46:53","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/the-news-wrap-snapchat-raises-more-than-700-million-startupsmart\/"},"modified":"2023-10-20T15:46:53","modified_gmt":"2023-10-20T15:46:53","slug":"the-news-wrap-snapchat-raises-more-than-700-million-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/the-news-wrap-snapchat-raises-more-than-700-million-startupsmart\/","title":{"rendered":"THE NEWS WRAP: Snapchat raises more than $700 million &#8211; StartupSmart"},"content":{"rendered":"<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"445\" height=\"352\" itemprop=\"image\" class=\"entry-thumb\" src=\"\/wp-content\/uploads\/2013\/03\/l_news-wrap-445.jpg\" alt=\"\" title=\"l_news-wrap-445\"><\/div>\n<p>Snapchat has raised an additional $US537 million in funding from investors, according to <i>The Wall Street Journal<\/i>.<\/p>\n<p>&nbsp;<\/p>\n<p>The round was led by Chinese e-commerce company Alibaba Group Holding and two hedge funds.<\/p>\n<p>&nbsp;<\/p>\n<p>The latest capital injection values Snapchat at $US16 billion, up from $US10 billion in December.<\/p>\n<h2>Apple buys German augmented reality software startup<\/h2>\n<p>Apple has purchased a German augmented reality software startup to explore the possibility of integrating the company\u2019s technology with its products.<\/p>\n<p>&nbsp;<\/p>\n<p>The terms of the deal were not disclosed. However, Apple gave Reuters its usual one-sentence statement saying it buys smaller technology companies \u201cfrom time to time\u201d and does not comment.<\/p>\n<p>&nbsp;<\/p>\n<p>Metaio specialises in augmented-reality software for the retail and automotive markets and has received investment from serial entrepreneur Carl Westcott and Silicon Valley equity fund Atlantic Bridge.<\/p>\n<h2>Woolworths leaks customer data in $1 million gift card breach<\/h2>\n<p>Woolworths has mistakenly emailed customer data along with the redeemable codes for more than 8000 gift cards, forcing the grocery giant to cancel more than $1 million in vouchers.<\/p>\n<p>&nbsp;<\/p>\n<p>The company told <i>Fairfax<\/i> it takes data security and customer concerns \u201cseriously\u201d.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cWe experienced a technical fault with an e-voucher offered to customers this week,\u201d the statement read.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cWe are working to resolve the issue and are assisting customers.\u201d<\/p>\n<h2>Overnight<\/h2>\n<p>The Dow Jones Industrial Average is down 115.44 points, falling 0.64% yesterday to 18,010.68. The Aussie dollar is currently trading at around 76.5 US cents.<\/p>\n<p>&nbsp;<\/p>\n<p><i>Do you know more on this story or have a tip of your own? Raising capital or launching a startup?<\/i> <i>. Follow&nbsp;StartupSmart&nbsp;on<\/i> <i>Facebook<\/i><i>,<\/i> <i>Twitter<\/i><i>, and<\/i> <i>LinkedIn<\/i><i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Snapchat has raised an additional $US537 million in funding from investors, according to The Wall Street Journal. &nbsp; The round<\/p>\n","protected":false},"author":2,"featured_media":63109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45869"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=45869"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/63109"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=45869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=45869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=45869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}