SA国际传媒

Here’s what you need to know today in startup and venture news, updated by the SA国际传媒 News staff throughout the day to keep you in the know.

Antitrust bill targeting Big Tech advances in Senate

The Senate Judiciary Committee a major tech competition bill, The American Innovation and Choice Online Act.

The committee voted 16 to 6 to advance the bill, indicating bipartisan support for the measure, and the House of Representatives advanced a similar bill.

The Senate bill prohibits dominant platforms from discriminating against other businesses that rely on its services. In practice, that would mean, per CNBC, that could not simply decide to list its own private label products higher in its search ranking. The same idea would apply to results from 鈥檚 search engine and ‘s app store.

— Joanna Glasner

BigTime Software lands $100M

Chicago-based , a provider of practice management tools for service firms to track, manage and invoice their time, announced that it raised $100 million in a growth investment from .

— Joanna Glasner

Funding rounds

Exergyn raises $35M: Dublin-based , a developer of waste heat recovery and conversion technology, raised $35 million in Series A funding led by and . The company develops a component that it says can be slotted into a range of existing energy products, replacing the elements that are harmful to the environment with zero-carbon, pollutant-free alternatives.

— Joanna Glasner

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