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REPORT: VC FUNDING IN THE US REACHED A RECORD HIGH OF $130B IN 2020, UP 14% YOY, BUT THE TOTAL NUMBER OF DEALS FELL TO 6,022, DOWN FOR THE SECOND YEAR IN A ROW (LIZETTE CHAPMAN/BLOOMBERG)

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VC FUNDING IN THE US REACHED A RECORD HIGH

Lizette Chapman / Bloomberg:

Report: VC funding in the US reached a record high of $130B in 2020, up 14% YoY, but the total number of deals fell to 6,022, down for the second year in a row  —  What began as a desperate year for startups, characterized by mass layoffs as the pandemic took hold, has turned into a record venture capital funding haul.

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The Netflix Verse

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The Netflix Verse

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You are instantly suspended by a Twitter bug when you tweet “Memphis”

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You are instantly suspended by a Twitter bug when you tweet "Memphis"

According to a glitch on Twitter, if a person tweets the phrase “Memphis,” their account will be temporarily terminated, according to BleepingComputer.

This problem first appeared today when users who were tweeting about Memphis, Tennessee, sports teams, or athletes noticed that they were suddenly suspended for a period of 12 hours.

Even while some claim that Twitter’s flaw has been fixed, a recent test by BleepingComputer shows that we were immediately suspended when we tweeted the term “Memphis.”

While it may seem like Twitter is trying to ban the great city of Mephis, this is probably the result of a spam, bot, or fraud filter that has been set up incorrectly.

Despite not disclosing the precise cause of the bug, Twitter has now addressed it.

Twitter issued a comment to BleepingComputer stating that “the situation stated was the consequence of a bug, and has subsequently been rectified.”

In our tests, in order to regain access to the account if you were impacted by the bug, you had to complete a captcha and verification process. It will welcome you back as a “person” once you have verified your account.

This suggests that a malfunctioning anti-bot filter was probably to blame for the bug.

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SPANISH DELIVERY APP GLOVO RAISES $121M FROM SWISS REAL ESTATE FIRM STONEWEG TO BUILD OUT DELIVERY-ONLY CONVENIENCE STORES FOR SUB-30 MINUTE DELIVERY TIMES (MACARENA MUNOZ MONTIJANO/BLOOMBERG)

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SPANISH DELIVERY APP

Macarena Munoz Montijano / Bloomberg:

Spanish delivery app Glovo raises $121M from Swiss real estate firm Stoneweg to build out delivery-only convenience stores for sub-30 minute delivery times  —  – Stoneweg will build, refurbish property to help Glovo expand  — Glovo’s orders for convenience items have surged 300%

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