The SEC and the DOJ just charged this startup founder with fraud, saying he lied to Tiger and others
Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, co-founder of mobile app testing company HeadSpin, with fraud. The SEC says he violated antifraud provisions, and the civil penalties it’s seeking include a permanent injunction, a c
Using AI to reboot brand-client relationships
Marketing automation has usually focused on driving sales, mainly using past purchase or late funnel behavior (e.g., paid search) as a predictor of an imminent purchase. While effective at boosting sales numbers, this widely implemented strategy can result in a disservice to brands and industries t
Europe’s quick-commerce startups are overhyped: Lessons from China
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic. These companies have raised more than $2 billion to date.
Existing and well-funded online food-delivery service players like Deliv
Hulu launches support for HDR on select original content
For the first time, Hulu has started adding support for HDR viewing, years after some of its competitors. The gradual rollout of HDR support began on August 19, Hulu told technewss, and should be available to all users with HDR-compatible devices in the coming days.
So far, Hulu has only enabled H
Mindset, an artist-driven mental wellness audio platform, raises $8.7M in seed funding
Mindset, a platform featuring personal story collections from recording artists, announced today that it raised $8.7 million in seed funding.
As co-founders of the K-pop-focused podcast production company DIVE Studios, brothers Brian Nam, Eric Nam and Eddie Nam noticed that the studio’s best-
Macro relaunches its Zoom skin to focus on self-expression and inclusion
Productivity has been a focal point for many enterprise businesses since before the pandemic hit, and even more so since its onset. But Macro founders Ankith Harathi and John Keck are taking a different tack.
The startup’s Zoom SDK-powered product has been reimagined by its team, and is relau
Messenger celebrates its 10th anniversary with new features and a plan to become the ‘connective tissue’ for real-time experiences
To celebrate its 10-year anniversary, Messenger today announced a handful of new features: poll games, word effects, contact sharing and birthday gifting via Facebook Pay. But beyond the fun features, Facebook has been testing a way to add voice and video calls back into the Facebook app, rather th
Digital locker app Movies Anywhere adds AI-powered lists to organize your library
Movies Anywhere, an app that allows you to centralize your digital movie collection from across services, is rolling out a new feature that will help you make better sense of your growing library. The company today introduced an AI-powered feature called “My Lists,” which automatically
Microsoft will bring cloud gaming to Xbox consoles this holiday season
Microsoft is moving into the next phase of its plan to bring Xbox Cloud Gaming to as many devices as possible, and it’s one of the most important steps yet. Starting this holiday season, Xbox Game Pass Ultimate subscribers will have access to cloud gaming on Xbox Series X/S and Xbox One conso
NBA All-Star Chris Paul joins digital media startup Greenfly's growth round
Greenfly's latest funding round has a new face: Phoenix Suns point guard Chris Paul joined as a strategic investor and partner in the company, which developed digital media flow management software.
Paul's investment is part of an $8.4 million strategic growth round that also includes Veran
Walmart announces GoLocal, a last-mile delivery service for other retailers
Walmart today announced a new delivery service business called Walmart GoLocal, which allows other merchants, both large and small, to tap into Walmart’s own delivery platform to get orders to their customers. Merchants can choose to use the service for a variety of delivery types, including
Substack acqui-hires team behind subscription social app Cocoon
Subscription newsletter platform kingpin Substack shared today that they’ve acqui-hired the team behind Cocoon, a subscription social media app built for close friends.
We covered the Y Combinator-backed startup’s initial $3 million seed raise led by Lerer Hippeau back in November 2019,
After testing, Instagram launches ads in the Instagram Shop tab globally
Last year, Instagram unveiled Shops as part of Facebook’s larger pivot toward e-commerce. Shops is front-and-almost-center on the app’s bottom navigation bar, even more readily accessible than the button to upload a new photo. Now, after testing in the U.S. earlier this month, Instagram
TikTok expands Shopify partnership, pilots TikTok Shopping in US, UK and Canada
TikTok is moving into e-commerce. The company announced this morning an expanded partnership with e-commerce platform Shopify, as well as a pilot test of TikTok Shopping among select Shopify merchants across the U.S., U.K. and Canada in the weeks to come.
The social video platform first announced i