Media

"speakable-summary" dir="ltr">Kompliant, a startup delivering an “AI-driven” business onboarding and risk scoring platform, today announced that it raised $14 million in a seed round led by Level One Fund with contributions from former Visa president John Partridge and Current CEO Stuart

In a bit of an unusual agreement, Warner Bros. Discovery announced that HBO Max will have joint streaming custody of the comedy series “Abbott Elementary” with Disney+’s sister streaming service Hulu. The two streaming giants will now share the hit ABC show on their competing services. Hu

Twitter’s bid to get Elon Musk to follow through with his multibillion-dollar bid to buy the social network will officially go to trial on October 17, a Delaware judge has confirmed. As Bloomberg reported earlier today, the ongoing feud between Twitter and the world’s wealthiest man wil

Twitter is increasing the price of its subscription service, Twitter Blue, from $2.99 to $4.99 per month. Starting in October, existing subscribers will have to pay more. New users will currently have to pay the hiked rate. Apart from the U.S., the price hike is also applicable to other countries l

In this current climate, Roku needed a win. Despite the company reporting total net revenue growth of 18% year over year to $764 million– a nice increase from $737.7 million last quarter — the company missed Wall Street's expectations. Analysts expected revenue of $805 million, which wo

Apple released its third-quarter earnings on Thursday and reported $19.6 billion in services revenue, marking a 12% year-over-year increase, but narrowly falling short of Wall Street predictions of about $19.7 billion. The tech giant’s third-quarter services revenue also falls short of last q

E-commerce giant Amazon reported its second-quarter results today, and despite inflation and a net loss of $2 billion, the results were surprisingly better than expected. All of the loss is chalked up to Amazon’s stake in Rivian. The second-quarter net loss is compared to the net income of $7

YouTube wants to quickly ramp up the number of short-form “Shorts” videos available on its platform in order to better compete with TikTok. To aid with this effort, the company is today rolling out a new creator tool that turns existing YouTube videos into Shorts in a matter of moments.

Instagram head Adam Mosseri says the social network will walk back some recent changes to the app that have led to intense criticism from users. Mosseri revealed the news in an interview with reporter Casey Newton. Instagram will phase out a test that turned users’ home feeds into a TikTok-li

Snapchat’s recent move into premium subscriptions has gained a bit of traction in its first weeks on the market. Though the social app maker just last week reported a disappointing second quarter with an earnings miss amid a weak advertising landscape, its brand-new subscription Snapchat+ has

Instagram announced today that it will start prompting a random assortment of people on its platform in the United States to participate in an optional survey about their race and ethnicity. The company says the survey will help it better understand different experiences people may have on Instagra

Snap is launching a new Sounds Creator Fund to financially support independent artists who are distributing music on Snapchat via DistroKid. Starting in August, the company will distribute payments for up to 20 songs per month at $5,000 per song. Snap anticipates awarding up to $100,000 in grants e

Peacock, the streaming service of Comcast's NBCUniversal, ended the second quarter with 13 million paid subscribers, parent company Comcast reported this morning. In the first quarter, there were 13 million paying customers out of 28 million monthly active accounts. This means that Peacock'

Snapchat has launched a new in-app game called Ghost Phone designed to showcase the company’s AR technology by allowing players to discover the secrets of an abandoned phone and hunt supernatural beings around them. To launch the game, users can either head to Snapchat’s Lens Explorer a