Cross-selling startup Carro secures $20M to connect brands with each other, influencers

Brands are always looking for new ways to get in front of potential customers, but though influencer marketing has grown, it's still not so easy for brands to find the right person. That's where Carro comes in. David Perry and Jason Goldberg co-founded the company in 2015 and built a cross-

OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

Travel and tourism, two of the hardest-hit industries in the COVID-19 pandemic, are slowly starting to show some signs of recovery. Now, OTA Insight — a company that builds business intelligence tools for one of the key sectors in that space, hotels — is announcing a round of funding as

Spotify finally rolls out real-time lyrics to global users

After years of ignoring consumer demand for in-app lyrics, particularly in the U.S., Spotify announced today it will make a new Lyrics feature available to all global users, both Free and Premium, across platforms. The feature is powered by lyrics provider Musixmatch, and expands on a prior deal Sp

Waldo brings its ad-free, private photo-sharing service direct to consumers

Waldo, a photo-sharing platform that has historically targeted businesses, schools, camps, sports leagues and other organizations, is capitalizing on the growing anti-Facebook sentiment to promote its newly launched consumer product. The company today is introducing a service aimed at private photo

Instagram will shut down its companion app Threads by year end

Instagram’s standalone messaging app Threads is shutting down. The app will no longer be supported by the end of December 2021, the company confirmed to technewss after reports of its impending closure began circulating via social media. Instagram is planning to alert its existing Threads us

Spotify’s new Podcast Subscriptions expand to global markets

Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service avaable to creators in global markets. The company says the service, which allows creators to mark episodes as “subscriber-only” content, wl now become avaable in 33

4 strategies for setting marketplace take rates

Every marketplace or platform startup has to decide how much they should charge for transactions on their platform, known as the “take rate.” While there is no formula set in stone, I've analyzed the take rates of over 25 private and public marketplaces below. I'll use these to

In-game creation platform Overwolf raises $75M Series D led by Andreessen Horowitz

Overwolf, a platform that enables creators to build, share and monetize items inside games, has raised a $75 million Series D funding round, led by Andreessen Horowitz (a16z). Previous investors, including Griffin Gaming Partners, Insight Partners, Intel Capital, Liberty Technology Venture Capital

Apple, Google questioned by ICO over app age ratings after UK child safety charity raises concerns

The U.K.’s data protection watchdog has written to Apple and Google seeking details of how they assess apps to determine the age ratings they apply following concerns raised by an online child safety charity. The move follows the coming into force of the U.K.’s Age Appropriate Design Co

Instacart introduces new ‘Shopper Safety Alert’ feature for delivery people on the platform

On-demand grocery platform Instacart is rolling out new safety features for its delivery workers. The company has launched a new “Shopper Safety Alert” feature that will notify its delivery providers of local critical incidents. The feature leverages law enforcement, social media and lo

Snapchat launches Memories and Explore Layers on Snap Map

Snapchat announced earlier this year that it would add Layers to Snap Map, making the social product more interactive. Today, the app is launching its first two layers: Memories and Explore. The Snap Map has been used to show people where their friends are currently located (if they opt-in to locat

Elude secures additional funding as it aims to improve travel booking experience

Travel app Elude is on a roll, announcing an additional $3 million on the heels of a $2.1 million funding round and launch in August. Alex Simon, CEO, and Frankie Scerbo, CMO, got the idea for the Los Angeles-based startup three years ago after bonding over a love of spontaneous travel, but not fin

Settle bags $60M to simplify bill payments for e-commerce

Cashflow management startup Settle announced its second round of funding in five months, this time $60 million in Series B financing as it aims to carve out a niche in the $25 trillion business-to-business payments market. Settle was founded by Alek Koenig in 2019, after spending four years as head

TikTok updates Safety Center resources following research on harmful challenges

TikTok has developed a bad reputation for hosting dangerous viral “challenges” on its app, which at their worst, have led to serious injury or death — as in the case of the blackout challenge that prompted Italian regulators to take action against the social network this year to r