Clubhouse promises its accelerator participants either brand deals or $5K per month during the program

Amid growing competition from Twitter Spaces and other newcomers, popular social audio startup Clubhouse is making a move aimed at seeding its network with more high-quality content: It’s launching an accelerator program. During its weekly town hall event on Sunday, the company detailed its p

US e-commerce on track for its first $1 trillion year by 2022, due to lasting pandemic impacts

The COVID-19 pandemic boosted U.S. online shopping by $183 billion, according to a new report by Adobe’s e-commerce division, released this morning. This figure represents the increase in online shopping during the months of March 2020, when the pandemic began in the U.S, through February 202

Netflix gets 35 Oscar nominations, including 10 for 'Mank'

Netflix’s original films received 35 Oscar nominations this year, once again putting the streaming service ahead of any other Hollywood studios. “Mank” led the pack with 10 nominations, including Best Picture, Best Director (David Fincher), Best Actor in a Leading Role (Gary Oldman) and B

Match Group makes seven-figure investment in background check nonprofit Garbo

Match Group, the parent company to Tinder, Match, OkCupid, Hinge and other top dating apps, announced this morning it’s made a seven-figure investment into nonprofit background check platform Garbo, with the goal of helping Match Group’s users make more informed decisions about their sa

With 1v1Me, anyone can gamble on their ability to crush an opponent in player vs. player games

Anthony Geranio has played video games for the past 13 years. The 26-year-old first-time founder of 1v1Me, a new company that lets anyone gamble on their ability to win in a player versus player game, tried to make it as a professional gamer, but when that didn’t work, he turned to the tech i

Tiger Global in talks to invest in young Indian social network at $170M valuation

Who says there is no room for a new social network? Tiger Global is in advanced stages of talks to lead a round of $15 million to $20 million in seven-month-old Kutumb that values the Indian startup at about $170 million, four people familiar with the matter told technewss. The Ame

Big Tech companies cannot be trusted to self-regulate: We need Congress to act

It's been two months since Donald Trump was kicked off of social media following the violent insurrection on Capitol Hill in January. While the constant barrage of hate-fueled commentary and disinformation from the former president has come to a halt, we must stay vigilant. Now is the time to t

How ByteDance plans to crack the gaming industry

For the last few years, ByteDance, the parent company of short video app TikTok, has been working to diversify its revenue streams beyond advertisement and find more ways to monetize its hundreds of millions of users. One area it is targeting is gaming, which has historically been a lucrative busin

Coupang follows Roblox to a strong first day of trading

Another day brings another public debut of a multibillion-dollar company that performed well out of the gate. This time it’s Coupang, whose shares are currently up just over 46% to more than $51 after pricing at $35, $1 above the South Korean e-commerce giant’s IPO price range. Raising

Pakistan bans TikTok again over ‘immoral and objectionable’ videos

Pakistan has banned TikTok again in the country after reviewing a complaint that said the popular video app hosted immoral and objectionable content. A high court in the city of Peshawar on Thursday ordered the nation's telecom authority — Pakistan Telecom Authority (PTA) — to ban T

Epidemic Sound raises $450M at a $1.4B valuation to ‘soundtrack the internet’

The popularity of video and other streamed content like podcasts is continuing to grow at a breakneck speed, and today a startup called Epidemic Sound, a marketplace to source the background music for that media, is announcing a huge round of funding to scale along with it. The Stockholm-based star

Twitter Spaces to launch publicly next month, may include Spaces-only tweets

Twitter Spaces, the social network’s Clubhouse rival, is working towards a public launch in April, the company announced in comments made in a public Twitter Space audio room on Wednesday. According to the Space’s host, Alex aka @akkhosh on Twitter, the company intends to make it possib

Gamefam aims to be the first big gaming company built on Roblox

Roblox went public yesterday after seeing tremendous growth in 2020, which isn’t just good news for the company’s employees and investors — there are also startups like Gamefam hoping to take advantage of the platform’s success. Roblox has a whole ecosystem of millions of develo

Facebook is bringing ads to shorter videos and Stories

Facebook is expanding its monetization options for video creators. For anyone watching videos posted by those creators, that probably means you’ll see more ads. Facebook App Monetization Director Yoav Arnstein wrote in a blog post that creators will now be able to include in-stream ads in vid