Media

Logicbroker, a Connecticut-based e-commerce company focused on cloud fulfillment, secured a $135 million growth round from K1 Investment Management. Its software provides drop-ship and marketplace automation capabilities to brands, retailers, suppliers and third-party logistics providers. As CEO Pe

Amazon is said to be working on a live audio app that sounds like it will let anyone be the DJ of their own radio show — including music. Project Mic, as the app is currently known, will reportedly focus on the US market at first, though the launch timeline is not clear. Creators will be able to

Apple has launched a new way for Fitness+ users to work out or meditate with people in other locations through group workouts powered by SharePlay. The tech giant first teased the feature at its September 14 virtual event. Fitness+ subscribers can use SharePlay to start a group workout or meditatio

NYSE-listed e-commerce platform Jumia experienced a shift in shopping habits across its markets in Africa last year, as more shoppers bought everyday products as opposed to electronics. Shopping for essentials such as foodstuff, fashion and beauty products saw Jumia's total sales value of Fast-

U.S. social networking giant Facebook reported its Q3 financial results today after the bell. It reported $29.0 billion in total revenue and earnings per share of $3.22, calculated on a diluted basis. Investors had expected the company to report revenues of $29.58 billion, per data collected by Yah

YouTube is rolling out a designated “New to you” tab on its platform after testing the feature earlier this year. The new tab is now available on the YouTube homepage across mobile, desktop and TV devices. YouTube says the feature will help users discover new creators and content beyond

After dragging in the same companies and their reticent, overtrained executives time and time again, Congress is turning its attention to two of the tech industry's fresh but important faces: TikTok and Snap. On Tuesday, lawmakers on the Senate Subcommittee on Consumer Protection, Product Safet

Radio has long been described as the most intimate of media. Quips about putting radio on the internet aside, the persistent popularity of podcasting and the cockamamie climb of Clubhouse shows that audio-based platforms will continue to echo around the upper echelons of the ecosystem for a while y

YouTube says it will soon begin to demonetize some of the channels on its platform that market themselves as “made for kids” if the content they produce is low-quality, encourages negative behavior or attitudes, or is heavily commercial. The company had previously warned this sort of co

Earlier this year, Google unveiled a partnership with Shopify that gave the e-commerce platform’s more than 1.7 million merchants the ability to reach consumers through Google Search and other services. Now, Microsoft is announcing a similar deal. The company recently said it’s teaming

Celeb video site Cameo is making its first acquisition. The company will buy Represent, a marketing and merch company that helps celebrities and brands set up individualized online storefronts. It’s a natural fit for Cameo, which invites fans to pay celebrities of all stripes for short, custo

After social media company Snap reported earnings last week, the value of its cohort of public companies fell sharply. Snap shed more than 20% of its value after telling investors that it expects a far smaller fourth quarter than the street anticipates. Privacy changes to technology platforms and w

The Facebook Papers, a vast trove of documents supplied by whistleblower Frances Haugen to a consortium of news organizations has been released. The reporting, by Reuters, Bloomberg, The Washington Post and others, paints a picture of a company that repeatedly sought to prioritize dominance and pro

One of the big leaders in buying up and scaling third-party merchants selling on Amazon and other marketplace platforms is announcing a major round of funding today as it continues to expand its ambitions. Thrasio, the Boston-based startup, has closed an all-equity Series D of over $1 billion ̵