Bilibili ups the ante in games with $123 million investment in TapTap

Competition in China’s gaming industry is getting stiffer in recent times as tech giants sniff out potential buyouts and investments to beef up their gaming alliance, whether it pertains to content or distribution. Bilibili, the go-to video streaming platform for young Chinese, is the latest

Spain’s Glovo picks up $528M as Europe’s food delivery market continues to heat up

On the heels of Deliveroo raising more than $2 billion ahead of its debut on the London Stock Exchange this week, another hopeful in the food delivery sector has closed a super-sized round. Glovo, a startup out of Spain with 10 million users that delivers restaurant take-out, groceries and other it

Daily Crunch: Facebook makes it easier to view a non-algorithmic News Feed

Facebook has some thoughts and updates about its News Feed, Siri gets some new voices and Tonal becomes a unicorn. This is your Daily Crunch for March 31, 2021. The big story: Facebook makes it easier to view a non-algorithmic News Feed Facebook highlighted features today that shoul

Lowkey raises $7 million from a16z to help game streamers capitalize on short-form video

While the growth of game-streaming audiences have continued on desktop platforms, the streaming space has felt surprisingly stagnant at times, particularly due to the missing mobile element and a lack of startup competitors. Lowkey, a gaming startup that builds software for game streamers, is aimin

Facebook says Trump can’t skirt its ban through daughter-in-law’s account

Trump’s daughter-in-law Lara Trump promoted a new interview with the former president on Facebook and Instagram Tuesday, but a workaround to Trump’s ban on two of the world’s most popular social networks wasn’t long for this world. She was apparently swiftly cautioned by Fac

Discord is launching new Clubhouse-like channels for audio events

Everyone is scrambling to build a Clubhouse clone right now, but for Discord it makes perfect sense. With everyone stuck at home searching for safe ways to rekindle their social lives over the last year, Discord’s appeal exploded. The company cites new behavior it observed during the pandemic

Consumers spent $32B on apps in Q1 2021, the biggest quarter on record

The pandemic’s remarkable impact on the app industry has not slowed down in 2021. In fact, consumer spending in apps has hit a new record in the first quarter of this year, a new report from App Annie indicates. The firm says consumers in Q1 2021 spent $32 billion on apps across both iOS and

The Weeknd will sell an unreleased song and visual art via NFT auction

Abel Tesfaye, the Super Bowl-headlining musician known as The Weeknd, is the latest artist to embrace the excitement around NFTs (non-fungible tokens). Specifically, he’s teaming up with Nifty Gateway, the same marketplace that worked with Beeple to auction off a piece of digital art for $6.6

Spotify adds three new types of personalized playlists with launch of ‘Spotify Mixes’

Spotify this morning announced it’s significantly expanding its selection of personalized playlists with the addition of three new categories of playlists under the heading of “Spotify Mixes.” This collection will include artist mixes, genre mixes and decade mixes — meaning

Facebook denies its algorithms are a problem, but launches a tool to more easily view a non-algorithmic News Feed

Following years of backlash over its algorithms and their ability to push people to more extreme content, which Facebook continues to deny, the company today announced it would give its users new tools to more easily switch over to non-algorithmic views of their News Feed. This includes the recentl

Facebook gets a C; startup rates the ‘ethics’ of social media platforms, targets asset managers

By now you've probably heard of ESG (Environmental, Social, Governance) ratings for companies, or ratings for their carbon footprint. Well, now a U.K. company has come up with a way of rating the “ethics” of social media companies. EthicsGrade is an ESG ratings agency, focusing on A

LinkedIn confirms it’s working on a Clubhouse rival, too

Clubhouse’s list of competitors is growing. LinkedIn has now confirmed it’s also testing a social audio experience in its app which would allow creators on its network to connect with their community. Unlike the Clubhouse rivals being built by Facebook and Twitter, LinkedIn believes its

Apple Maps adds COVID-19 travel guidance for over 300 airports worldwide

Apple has updated its native Maps app with more helpful information designed to assist with travel while mitigating the spread of COVID-19. Apple Maps on iPhone, iPad and Mac will now show COVID-19 health measure information for airports when searched via the app, either through a link to the airpo

Free Extra Crunch membership included with TC Early Stage tickets

technewss Early Stage is coming up this week, and all attendees can get three months of free access to Extra Crunch as a part of a ticket purchase. Extra Crunch is our members-only community focused on founders and startup teams, and it features over 100 exclusive articles per month.  Head here t