Clubhouse said to be in talks to raise funds at $4 billion valuation

Clubhouse, which was founded about only a year ago, has seen its popularity surge after appearances by billionaires Elon Musk and Mark Zuckerberg.

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Patreon valuation trebles after Tiger Global-led new funding round

Patreon has raised $155 million in a Tiger Global-led fresh funding round at a valuation of $4 billion. The creators' platform is said to be considering a public listing this year and has been approached by multiple SPACs.

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Nokia, Lenovo settle patent dispute over video-compression technology

Nokia had launched its legal battle against Lenovo in 2019 over alleged infringement of 20 video-compression technology patents and had cases in the US, Brazil and India, in addition to six others in Germany.

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Google AI scientist Samy Bengio resigns after colleagues' firings

Samy Bengio spent about 14 years at Google and was among its first employees involved in a decade-old project known as Google Brain that advanced algorithms crucial to the functioning of various modern AI systems.

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Software firm Canva valued at $15 billion after raising $71 million

Canva offers an online design and publishing tool with templates for presentations, social media graphics and posters, among others.

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Fantasy sports platform Fantasy Akhada raises Rs 5 crore through Prime Securities

This brings the total funds raised by the company close to the $1 million (about Rs7 crore), said Amit Purohit, founder, Fantasy Akhada. “The funds will be used towards tech development, user acquisition and user retention,” he said.

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Raining unicorns

In today's ETtech Morning Dispatch newsletter: Pharmeasy and Cred are the newest entrants of India's startup unicorn club, BPM firms see higher demand from healthcare segment and Bytedance gets relief from Bombay High Court.

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