Media

Just ahead of its 2021 virtual investor day on Thursday, Twitter this morning announced its three long-term goals focused on user base and revenue growth, and a faster pace of shipping new features across its platform. The company said it aims to “at least” double its total annual reven

Online advertising can be a “pretty dry topic,” as Facebook’s head of brand marketing Andrew Stirk acknowledged, but with a new campaign of its own, the social networking giant is looking to “bring to life how personalized ads level the playing field” for small busines

A week after Facebook grabbed eyeballs globally by blocking news publishers and turning off news-sharing on its platform in Australia, the country’s parliament has approved legislation that makes it mandatory for platform giants like Facebook and Google to negotiate to remunerate local news p

Doubtnut, an Indian startup that helps students learn and master concepts from math and science using short videos, has raised $31 million in a new financing round, months after it rejected an acquisition offer from India’s largest edtech firm, Byju’s. The three-year-old Gurgaon-headqua

India announced sweeping rules to regulate social media firms, streaming services and digital news outlets on Thursday, posing new challenges for giants such as Facebook, Twitter, Google and Netflix that count Asia’s third-largest economy as their key overseas market. Ravi Shankar Prasad, Ind

The newest unicorn in India is a startup that is helping construction and real estate companies in the world’s second-most populated nation procure materials and handle logistics for their projects. Four-year-old Infra.Market said on Thursday it has raised $100 million in a Series C round led

ViacomCBS executives held a virtual investor event today where they outlined the strategy for Paramount+, the streaming service set to launch on March 4 that’s basically a rebranded, expanded version of CBS All Access. In addition to launching in the United States, executives said the service

After years of losses, African e-commerce giant Jumia claimed significant progress towards profitability in its Q4 2020. Backing that claim, Jumia reported record gross profit and some improvements to its cost structure. The company wrote in its earnings release that while “2020 has been a ch

Since going public, most of the news out of Airbnb has been around policy. Today, the company has an announcement that’s all about the product. As the pandemic evolves the way we do everything, and we collectively realize that much of that new behavior will be permanent, tech companies are lo

YouTube announced this morning it will soon introduce a new experience designed for teens and tweens who are now too old for the schoolager-focused YouTube Kids app, but who may not be ready to explore all of YouTube. The company says it’s preparing to launch a beta test of new features that

Over the past year, the coronavirus crisis has spurred app usage in the United States as people stay indoors to limit contact with others. Mobile games particularly have enjoyed a boom, and among them, games from Chinese studios are gaining popularity. Games released on the U.S. App Store and Googl

BigCommerce has partnered with Walmart to allow its customers to sell on the Bentonville, Arkansas-based retailer’s e-commerce marketplace, it announced this morning. Shares of Austin-based BigCommerce rose sharply in pre-market trading after the news, gaining around 10% before the bell. Walm

RecargaPay, a Brazil-based fintech that allows users to top off their prepaid cell phones online, announced this morning that they've closed their $70 million Series C. The company, which operates solely in Brazil, was launched in 2010 by Miami-based serial entrepreneur Rodrigo Teijeiro, who is

The Facebook-Australia news battle seems to have reached an end, Android gets an update and Lucid Motors is going public via SPAC. This is your Daily Crunch for February 23, 2021. The big story: Facebook brings news sharing back to Australia Last week, Facebook responded to the Aust