Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. The company says Houseparty will be discontinued in October when the app will stop functioning for its existing users; it will be pulled from the app stores today, however. Related to this
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Buy now, pay later is growing globally — with various companies expanding to, and in, different parts of the world, such as Africa, Latin America and Asia. Here in the U.S., Affirm and Klarna are big players, and Square recently announced plans to acquire Afterpay, which also is eyeing growth here. Traditional buy now, pay
When it comes to people pushing the frontiers of science, few institutions can match the talent of the Department of Defense, the intelligence agencies, and the U.S. national laboratory system. With ample budgets and flexible oversight under that aura of national security, ambitious scientists and engineers are working on everything from quantum computing to next-generation
Tinder is redesigning its app to put a larger emphasis on its social, interactive features with the launch of “Explore,” a new section that will feature events, like the return of the popular “Swipe Night” series, as well as ways to discover matches by interests and dive into quick chats before a match is made.
Siegfried Glenzer Contributor Siegfried Glenzer, a recipient of the Ernest Orlando Lawrence Award, is a professor and high-energy-density division director at Stanford’s SLAC National Accelerator Laboratory and a science adviser for nuclear fusion company Marvel Fusion. The quest to make fusion power a reality recently took a massive step forward. The National Ignition Facility (NIF)
The wider world of employment has seen a huge shift in the wake of the Covid-19 pandemic. Looking for a job, finding someone to fill a role, or simply developing professionally are just not the same as they used to be for many of us. So it’s no surprise to see companies that have built
The U.K. government is preparing to spend over half a million dollars to encourage the development of detection technologies for child sexual exploitation material (CSAM) that can be bolted on to end-to-end encrypted messaging platforms to scan for the illegal material, as part of its ongoing policy push around internet and child safety. In a
The photo-sharing app that emulates disposable cameras, Dispo started rolling out a test yesterday that will record user interest in selling photos as NFTs. Some users will now see a sell button on their photos, and when they tap it, they can sign up to be notified when the ability to sell Dispo photos launches.
David Friend Contributor David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. More posts by this contributor Brand power vs. product power The herd sours on unprofitable unicorns again The U.S. produces more new startups and unicorns each year than any other country in
The creator economy loves merch which is great news for on-demand custom printing startups such as Latvia-based Printify — today it’s announcing a $45 million Series A round, led by Index Ventures, off the back of rising demand for its services. The mission: To keep growing its global marketplace of print shops to meet rising
Many efforts are underway to reduce the environmental impact of cars, but what about the tires those cars ride on? Continental thinks it might help. Roadshow reports the company has introduced the Conti GreenConcept (yes, a concept tire) where more than half of the materials are “traceable, renewable and recycled.” You can even renew the
Employee location has become a bit more complicated as some return to the office, while others work remotely. To embrace those hybrid working conditions, Google is making more changes to its Google Workspace offering by going live with spaces — its tool for small group sharing — in Google Chat for all users. Spaces integrates
Two UK tech figures are to row across the Atlantic Ocean to raise money for a charity that funds social entrepreneurs from minority backgrounds. Guy Rigby, founder and now Chair of the Entrepreneurial Services Group at Smith & Williamson, and entrepreneur, investor David Murray will raise money for UnLtd which has supported over 15,000 social
PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay later (BNPL) service platform, for approximately $2.7 billion (300 billion yen), mostly in cash, to enhance its business in Japan. The transaction completion including the regulatory approval is expected in the fourth quarter of 2021. After the acquisition, the
Artem Milinchuk Contributor Artem Milinchuk is the founder and CEO of FarmTogether, a fintech platform channeling funding into natural assets, starting with U.S. farmland. Farmland as an asset class has proven itself to be a stable investment decade after decade. Farmland’s negative correlation with the Dow Jones Industrial Average sits at an eye-popping -43% for
Buy now, pay later is officially everywhere, and Latin America is no exception. Today, one startup in the region, Addi, is announcing a $75 million extension to its Series B, bringing the total round size to $140 million. In late May, the startup announced it had raised $35 million in an equity round led by
Twitter is a useful place for following breaking news and keeping up with what the people you’re already interested in are doing, but its relative dearth of discovery features and a lack of organized community spaces make it pretty hard to connect with anyone you aren’t actively seeking out. The company is thinking about changing
A report on the future of solar energy from the Department of Energy paints a sunny picture, if you will, of the next three decades, at the end of which nearly half the country’s energy will be provided by the sun. But for that to happen, big pushes need to happen along four major lines:
Organizations are swimming in data these days, and so solutions to help manage and use that data in more efficient ways will continue to see a lot of attention and business. In the latest development, SingleStore — which provides a platform to enterprises to help them integrate, monitor and query their data as a single
“Conversational AI” startup PolyAI, based out of London, has raised $14 million in a funding round led by Silicon Valley’s Khosla Ventures, with participation from existing investors (Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital and Entrepreneur First). This follows their $12m Series A, and will provide resources for further US expansion beyond its
Earlier this year, Apple officially discontinued Music Memos, an iPhone app that allowed musicians to quickly record audio and develop new song ideas. Now, a new startup called Tape It is stepping in to fill the void with an app that improves audio recordings by offering a variety of features, including higher-quality sound, automatic instrument
Dec.02 — In this edition of “Futures in Focus,” Prosper Trading Academy Chief Executive Officer Scott Bauer examines Bitcoin, gold and copper prices. He speaks on “Bloomberg Markets.”
The travel industry was one of the hardest hit by the pandemic, and startup Headout was no exception. A marketplace that let tourists make same-day bookings for tours, events and activities, the app expanded around the world after launching in 2015. Then COVID-19 hit. But business is growing again thanks to rebounds in domestic travel and
Notion said on Wednesday it has acquired Automate.io, an Indian startup that builds connectivity and integrations with over 200 services, as the workplace productivity startup looks to accelerate its product expansion to become more compelling for tens of millions of individuals and businesses that are increasingly moving to digital collaborative tools. The San Francisco-headquartered startup,
Twitter announced yesterday that it’s testing a feature on the web that makes it possible to remove followers without blocking them. Sometimes, users want to stop a follower from seeing their tweets without outright blocking them — if that follower were to navigate directly to their page, it’d be clear that they had been blocked,
Mayors have the toughest job in the world, and leading a city is only getting harder. Even as populations swell in urban cores across the world, climate change is constraining the geographies where that growth can happen. Coastal communities which are popular with residents are also taking a gamble when it comes to rising sea
As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focussing on protecting enterprise applications. Today, the company announced a $30 million Series B. Shasta Ventures led today’s round with participation from new firms Canaan and Ericsson Ventures along with
Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50m in debt and equity led by Force Over Mass, with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp. New investors in Koyo include Force Over Mass, Matt Robinson
Sila Nanotechnologies next-generation battery technology made its commercial product debut Wednesday in the new Whoop fitness tracker, a milestone that caps a decade of research and development by the Silicon Valley startup all aimed at cracking the code to packing more energy into a cell at a lower cost. Billions have been spent over the
A number of Spotify playlist curators are complaining that the streaming music company is not addressing the ongoing issue of playlist abuse, which sees bad actors reporting playlists that have gained a following in order to give their own playlists better visibility. Currently, playlists created by Spotify users can be reported in the app for