New York- and Bengaluru-based Amagi, a streaming video and ads infrastructure startup, raised a $100M+ Series F led by General Atlantic at a $1.4B valuation (Manish Singh/TechCrunch)

The Economic Times:
Large floods in Bengaluru have ignited a debate over the city’s future as India’s tech hub, amid a lack of infrastructure, poor urban planning, and traffic woes  —  Bengaluru’s residents have long complained about gridlocked traffic, water shortages, lack of infrastructure and poor urban planning …

Wall Street Journal:
General Mills and Audi paused Twitter ads, and sources say Pfizer and Mondelez have as well, as concern over content moderation grows  —  Advertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s plans for content moderation

Manish Singh / TechCrunch:
India-based Zopper, which offers insurance infrastructure APIs to banks and other financial institutions, retailers, and mobility firms, raised a $75M Series C  —  For more than half of a decade, Zopper built a platform for small and medium-sized businesses, helping merchants with invoicing …

Natasha Singer / New York Times:
Some experts say targeted ads on streaming services could be crucial in the 2022 US midterms, as others worry the ads evade federal regulation and oversight  —  Over the last few weeks, tens of thousands of voters in the Detroit area who watch streaming video services were shown different …

Dean Takahashi / VentureBeat:
Nvidia unveils its first SaaS and IaaS offering, Omniverse Cloud, a services suite for artists, developers, and enterprise teams to build and run metaverse apps  —  Nvidia today announced its first software- and infrastructure-as-a-service offering — Nvidia Omniverse Cloud …

Kyle Wiggers / TechCrunch:
Immerok, which is building an Apache Flink-based cloud service for data streaming, raised a $17M seed led by CUSP Capital, 468 Capital, and others  —  In 2011, the Apache Software Foundation released Flink, a high-throughput, low-latency engine for streaming various data types.