Snapchat is partnering with Ticketmaster to launch a new way for users to discover live entertainment events within the Snap Map, the company announced on Wednesday. The new feature will be accessible through a new in-app Mini. For context, Snap Minis are third-party programs that live inside Snapchat’s Chat section. The new “Ticketmatcher Mini” matches
Month: February 2022
Calvin Broadus, a.k.a. Snoop Dogg, rocked the stage at Sunday’s Super Bowl, and now his Casa Verde Capital team is pumping new funds into Frankfurt-based Cansativa Group, touted as the “largest medical cannabis distributor” in Germany. Cansativa Group came onto the scene in 2017 with business-to-business tools for customers to manage every stage of the
Finland-based Swappie refurbishes and resells used iPhones, taking care of the entire process, and selling the refurbished devices via its own marketplace, with a 12-month warranty. Back in 2020, it closed a €35.8 million ($40.6M) Series B to expand into new markets in Europe. It’s now raised a $124M (€108M) Series C funding round led
The ability to rent all sorts of things is a logical step in the evolution of a subscription economy, but renting hardware wasn’t necessarily top-of-mind for startups until COVID-19 hit. Pre-pandemic, a common step in the onboarding process at many VC-funded startups in the Bay Area called for new employees to visit the closest Apple
Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than
Neighborhood social network Nextdoor is revamping its product. The changes, which aim to simplify the app and promote better relationships between neighbors, follow last year’s hire of Nextdoor’s new Head of Product Kiran Prasad, who joined the company after serving at LinkedIn. Combined, the updates are laying the groundwork for a new strategic direction for
Anyone who had to get documents signed early in the pandemic knows how harrowing and dangerous the situation was. Nobody wanted to meet face-to-face, but we still had to conduct business. Today, in an effort to simplify online document signing, Zoom and DocuSign announced a new integration that lets you review and sign a document
During the worst throes of the COVID-19 pandemic, very few people could travel. Meanwhile, both 2021 and 2022 were predicted to be the years of “revenge travel” where people would do a great deal more. Or at least plan more. In the background was a site that allowed people to travel virtually, either out of
Tech healthcare unicorn Ro announced today that it has raised $150 million exclusively from existing investors, led by ShawSpring Partners, with participation from FirstMark Capital, General Catalyst, Seven Seven Six, BoxGroup, Altimeter Capital, Baupost Group, Initialized, TQ Ventures and TCG. Sources close to the company, as well as Bloomberg, confirm that the money was raised
Data indicate that the pace of startup value creation reached a fever pitch in 2021. According to venture capital data collected by PitchBook, prices spiked for startup equity across the maturity spectrum last year. The result of those rising prices was a huge gain in the pace at which paper wealth was generated. The rising
Twitter is broadening access to a feature called Safety Mode, designed to give users a set of tools to defend themselves against the toxicity and abuse that is still far too often a problem on its platform. First introduced to a small group of testers last September, Safety Mode will today launch into beta for
When consumers started buying cars, many predicted the transportation revolution would lead to air pollution, traffic and life-threatening collisions. But no one gave much thought to the security aspect. Early autos were very easy to steal: With a little practice, almost anyone could hot-wire an ignition, and Vehicle Identification Numbers were decades away. Most cars
The European Data Protection Supervisor (EDPS) has called for a bloc-wide ban on the controversial Pegasus spyware tool, warning its use could lead to an “unprecedented level of intrusiveness.” Israeli’s NSO Group, the developer of the notorious spyware, claims to only sell Pegasus to governments for the purpose of fighting crime and terrorism. However, multiple
Michael Chertoff Contributor Former Homeland Security Secretary Michael Chertoff is the author of “Exploding Data: Reclaiming Our Cyber Security in the Digital Age” and executive chairman of the Chertoff Group, a security and risk-management firm with clients in the technology sector. The Open App Markets Act, a bill that would, among many other things, require
Contact Financial Holding, Egypt’s non-bank consumer finance provider, has invested $9 million in the country’s ecommerce super-app Wasla, setting the stage for the rollout of new online shopping capabilities, products and regional expansion. Contact has been in the business of consumer finance since 2001, while Wasla was founded in 2018 by former Serag Meneassy and
Alternative protein startups have attracted a lot of investor attention over the past couple of years and the trend looks set to continue. The latest startup with funding news is Next Gen Foods, the creator of plant-based chicken alternative TiNDLE. The company announced today it has raised a $100 million Series A that will be
Two months after taking on a monster $125 million Series A that propelled the company into unicorn territory, package delivery company Veho is back with another huge round — this time $170 million in Series B. Leading the round this time was Tiger Global, with SoftBank Vision Fund 2 participating. This latest round gives the
A coordinated enforcement action focused on public sector bodies’ use of cloud services is kicking off across the European Union. More than 80 public bodies in a wide range of sectors, including health, finance, tax, education and IT service supply and procurement, will face contact from local data protection authorities — ranging from fact-finding exercises
Based in Singapore with offices throughout Asia and Australia, Reebelo wants to make buying pre-owned tech as desirable as a brand new device. “What we have seen is that many younger generations are very much open to the idea of sustainable consumption,” co-founder Philip Franta told TechCrunch. “We see a lot of growth and momentum
Mental wellness startup MindFi operates throughout APAC, but wants to deliver “culturally competent” care in each of its markets. To do that, it develops programs for its app, available as an employee benefit, with local providers that take into account religion, gender stereotypes, racial representation, communication style and values, co-founder and CEO Bjorn Lee told
After securing $16 million in Series A funding last April, Databook, an AI-powered consultative sales intelligence company, is back, this time with $50 million in Series B funding. With people still working remotely in the third year of the pandemic, Salesforce reported that 88% of salespeople feel that the “current economic conditions make it important
Banked is a FinTech startup that offers an alternative to card schemes. Consumers are able to pay without entering financial data, no need to create an account, no financial details are shared, authorization is biometric, and the merchant receives the funds in real-time. Businesses use it to drive customer engagement and loyalty with incentives and
Yann Leretaille Contributor Yann Leretaille is the co-founder and CTO of Wingback, a SaaS growth infrastructure company. The very first hire at our SaaS startup was (surprise!) not an engineer. It might seem counterintuitive, but the first person on board at Wingback was a Fractional Head of Remote — and it was the best decision
Upcycling polyethylene (the normal ubiquitous plastic we are all familiar with) into high-value plastics that can compete with “virgin” plastic (meaning plastics made directly from petro-chemicals) is a fiendish problem to solve. The fact that it’s been extremely hard to do so means billions of tonnes of plastic is never recycled, and it’s out there pouting the
Texas Attorney General Ken Paxton has filed a lawsuit against Meta over Facebook’s facial recognition practices, his office announced on Monday. The news was first reported by The Wall Street Journal, which notes that the lawsuit seeks civil penalties in the hundreds of billions of dollars. The lawsuit alleges that the company’s use of facial
Forrest Iandola Contributor Air conditioners are a major source of greenhouse gases. On Project Drawdown’s 2017 list of over 100 opportunities to reduce human-caused global warming, cleaner tech for refrigeration and air-conditioning is at the very top. So, back at my house, what’s so dirty about our air conditioner? Since I am using solar power,
Depending on your age, getting from point A to point B might have involved paper maps — what we called an “atlas,” the giant book that lived in the pocket behind the passenger seat of the car. As maps went digital, you might have relied on MapQuest to help plot the fastest route to your
Apple has been fined another €5 million in the Netherlands after the country’s antitrust watchdog said the tech giant is applying “unreasonable” conditions to local dating app providers which want to make use of non-Apple payment technology in their apps. Apple’s total fine, including earlier penalties for failing to comply with the regulator’s order, now
Last week, Samsung killed the Note once and for all. It was a symbolic move. For all intents and purposes, the phone will live on as the Ultra tier of the company’s Galaxy S line. But it represents the end of an era for the decade-old brand. It’s also another opportunity for the company to
Alphabet CEO Sundar Pichai sits down with Emily Chang on this episode of “Bloomberg Studio 1.0” to discuss his company’s $2 trillion valuation, artificial intelligence, the metaverse, climate change initiatives, China and data privacy. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily
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