Germany bans smartwatches for kids over spying concerns

 Germany’s Federal Network Agency (Bundesnetzagentur) issued a blanket ban on smartwatches aimed at children this week — and asked parents who’d already purchased such a device to destroy them, for good measure. The aggressive move is a response to growing privacy concerns surrounding devices aimed at minors. Read More

Identity solutions business SailPoint up 9% following IPO

 SailPoint, the enterprise identity solutions business, went up 9 percent in its debut on the New York Stock Exchange Friday. The company raised $240 million; after pricing its shares at $12, it saw them rise to $13.11 on its first day of trading. Read More

Stitch Fix up just 1% on first day of trading, after reducing size of IPO

 Stitch Fix went up just 1 percent on its first day of trading. After pricing at $15, the company closed at $15.15. It’s also below the opening trade of $16.90. The company didn’t raise as much money as it had been hoping for. It raised $120 million, after pricing at $15, below the expected range of $18 to $20. The company also reduced the size of its IPO from 10 million shares to… Read More

Shasta Ventures promotes three to partner

 Shasta Ventures is promoting three of its principals to partner. Nikhil Basu Trivedi, Jacob Mullins and Nitin Chopra have all made it to this coveted venture capital milestone. Shasta has about $1.3 billion under management across its five funds. Notable exits include Dollar Shave Club, Nest, Apptio, SteelBrick and Skycure.  Read More

Black Friday’s best tech bets

 Thanksgiving is all about family, friends and gratefulness. The following day, on the other hand, is dedicated to rampant consumerism and generally attempting to not get trampled by a stampede of fellow deal seekers. In honor of making your Thanksgiving weekend slightly less stressful than it has to be, here’s a roundup of some of the best tech deals you’ll find a week from today. Read More

Artland is a social art market that connects galleries and buyers

 Danish startup Artland is building a social marketplace for the art world and its key players: Galleries and professional collectors, while also hoping an app-based approach helps onboard a new generation of art buyers. Read More

Media startup Axios raises another $20 million

 There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, the Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios. Existing investors Greycroft Partners and Lerer Hippeau Ventures are co-leading today’s founding… Read More

MoviePass drops pricing to under $7 per month, if you opt for the annual plan

movie theater MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when customers commit to a one-year subscription plan. That works out to a flat fee of $89.95… Read More