Inkitt books $59M investment, wants to turn its data-driven, self-publishing platform into a multimedia powerhouse

Book sales during the pandemic went up, and it seems the amount we are reading did, too. Now Inkitt, the startup that operates a free, popular platform of the same name for anyone to write and publish stories — stories that Inkitt then analyses using data science to determine which of them to

No-code mobile website builder Universe launches new themes, block features and more

Mobile website building platform Universe has launched a new update that brings advanced creative controls, enhanced themes, block features and more to its grid-based web builder. Universe allows users to create a custom site or open an e-commerce store directly from a mobile phone through a simpli

Facebook stock falls as global outage continues

Facebook’s stock took a dive Monday as the site suffered one of its worst outages of the past decade with services across its entire suite of products going offline while the tech company struggled to even bring its own internal services back online. The stock ended the day down nearly 5%, wi

As Apple messes with attribution, what does growth marketing look like in 2021?

It's said that you should measure what you value, and for founders, nothing is more valuable than growth. Growth provides revenues, venture capital, prestige and scale — ultimately driving the success of every business. Yet, measuring growth is complex and challenging — and it's only ge

Netflix brings its shuffle mode feature, ‘Play Something,’ to Android users worldwide

Netflix is today officially launching a new feature for its Android users that will make it easier to find something to watch when you can’t make a decision. The feature, called “Play Something,” is a shuffle mode option that will play another movie or show Netflix believes you ma

Elevate launches its approach to managing pre-tax benefits with $12M Series A

Company benefits make or break the ability to recruit top talent. On one side of that is 401(k), while on the other are consumer-directed benefits, any accounts offered by the employer to use for a designated purpose that typically has tax-advantaged benefits. Elevate has a new approach to how empl

To The Market takes on funding to create ethical, sustainable work environments for women

Jane Mosbacher Morris started her career in the U.S. Department of State helping women fight terrorism. Now she is helping them find fairly paid work. She recognized that for women to drive change they needed access to resources, so she started studying agriculture and other sectors and become inte

Amazon will allow US Prime members to send gifts using only an email or phone number

In preparation for the holiday shopping season, Amazon today announced a convenient new way to send gifts through its mobile app. Instead of entering the recipient’s mailing address — a piece of information people often don’t know in today’s age of digital communications 

Jeff Bezos invests in Indonesian e-commerce startup Ula

Updated at 8.15pm PT, October 3: In a statement just now, Ula confirmed technewss’s reporting, saying it has raised $87 million in its Series B financing round. The round was, as technewss reported, co-led by Prosus Ventures, Tencent, and B Capital. Jeff Bezos invested in the new round. “

Strike looms over labor conditions on TV and film productions by big streaming services

Update: IATSE workers have voted overwhelmingly in favor of the strike authorization. This does not mean a strike is sure to happen, only that it can should negotiations with the AMPTP fail again. IATSE president Matthew Loeb says: “The ball is in their court. If they want to avoid a strike,

Clubhouse, Vimeo, DoubleVerify and others set to sign up to beefed-up disinformation code in the EU

Audio social network Clubhouse, video sharing platform Vimeo and anti-ad fraud startup DoubleVerify are among a clutch of tech companies and organzations preparing to sign up to a beefed-up version of the European Union’s Code of Practice on Online Disinformation, the Commission said today. B

Twitter for Professionals will begin to roll out this week for businesses and creators

Twitter really can’t go a day without releasing new products. But if you’re running an account for a business or a public figure, its latest addition might capture your interest. Soon, businesses and creators will be able to opt into “professional accounts,” giving them addi

All Day Kitchens wants to expand every independent restaurant's delivery network

The pandemic ushered in the popularity of shared workspaces, known as cloud kitchens or ghost kitchens, for restaurants to cook meals exclusively for delivery. But for small, independent restaurants that couldn't afford the upfront costs for expansion, Uber Eats alums Ken Chong and Matt Sawchuk

Twitter ban in Nigeria to be lifted if platform sets up a local office and pays taxes, president says

Nigeria President Muhammadu Buhari announced on Friday that the current ban on Twitter would be lifted, but only if the social media giant met certain conditions. The president disclosed this during his televised broadcast to Nigerians on the country’s 61st Independence Day anniversary.