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Snap stock down 24% on weak earnings, ad revenue slumpSnap, the parent company of Snapchat, has seen its stock tumble 20% in after-hours trading after reporting first-quarter earnings Thursday....
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Hackers steal emails, private messages from hookup websitesHackers have stolen email addresses, direct messages, and other personal data from users of two dating websites, according to a data breach...
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Microsoft makes its AI-powered Designer tool available in previewToday, Microsoft Designer, Microsoft’s AI-powered design tool, launched in public preview with an expanded set of features. Announced in...
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Bluesky’s best shot at success is to embrace shitpostingI have joined so many social media websites since October 27, 2022, the fateful day in which Elon Musk tanked his net worth and volunteered for...
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Pinterest announces multi-year ads partnership with Amazon alongside earnings beatPinterest today announced a multi-year strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform....
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Brett Harrison ‘never lost faith in the business’ while at now-shuttered FTXIt has been almost six months since FTX collapsed, and a lot has transpired since then, including executives being charged to industry...
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Chief, a professional network for women leaders, cuts staff amid restructuring effortChief , a professional network designed for women in leadership, has cut 14% of staff, or 43 jobs today, saying in an email seen by TechCrunch...
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Binance.US sailed away from its $1.3B deal with Voyager, now what?Welcome back to Chain Reaction. Earlier this week, Binance.US broke off its $1.3 billion deal to buy crypto broker Voyager Digital’s...
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YouTube Music officially rolls out podcasts for listeners in the USYouTube Music is officially adding podcasts to its platform in the United States on Android, iOS and the web. The rollout comes a few months...
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Google tests a new ad slot on the Play Store ahead of its I/O developer conferenceGoogle has been spotted testing a new Play Store ad slot ahead of its I/O developer conference in May. If rolled out publicly, the change could...
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Pitch Deck Teardown: Careerist’s $8M Series A deckCareerist claims it closed an $8 million round of funding with a tight 12-slide deck and gave us a lot to learn from in the process. Not all in...
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Lyft layoffs to affect 26% of workforceLyft said Thursday it will cut 26% of its workforce, or about 1,072 people, as part of a restructuring plan aimed at rebuilding its core...
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Replit, the web-based IDE developing a GitHub Copilot competitor, raises $100MInvestors continue to pump money into generative AI tech. Case in point, Replit, an IDE startup developing a code-generating AI-powered tool...
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Bipartisan Senate bill would ban social media algorithms for minorsIn a bipartisan effort to “protect kids from harm,” an unlikely cohort of senators introduced a bill that would restrict minors’ access to...
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Researchers develop tiny hydraulic haptics for touchscreen notifications you can physically feelIf you find smartphone notifications annoying enough already thanks to their skill at exploiting the full range of distraction options available,...
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London’s Sturgeon Capital launches $35M fund aimed at emerging startups in Central AsiaWe reported last year on the launch of a $225 million VC platform from the International Finance Corporation, a member of the World Bank, which...
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Meta updates its avatars with new body shapes, hair and clothingMeta announced today that it’s introducing new body shapes, improved hair and clothing textures to its avatars. The company also announced...
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Y Combinator-backed Luca aims to optimize retail prices at enterprise scaleLuca , a startup building price planning and prediction tools for retailers, today announced that it closed a $2.5 million seed round led by...
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NBCUniversal reports higher Peacock losses as it shows CEO the doorPeacock losses continue to widen this quarter, NBCUniversal parent company Comcast reported Thursday, just days after the company announced...
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Capital efficiency is the new VC filter for startupsIgor Shaverskyi Contributor A finance nerd with a decade of experience across various industries,...
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Energy Dome gets $44M uplift into its CO2 battery for renewable energy storageItalian climate startup Energy Dome , which has developed a “CO 2 Battery” for storing renewable energy, has closed a €40 million...
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Intuit’s shiftIf artificial intelligence feels like it is taking over the world, that feeling has become an anxious obsession among larger tech companies....
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Korean fintech Kakao Pay to acquire majority stake in US brokerage firm SiebertKakao Pay , the online payment service of South Korean messaging and internet giant Kakao, announced that it has acquired a stake in Siebert...
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Meta says about 10% of its global ad revenue at risk from EU data flows orderMeta’s earning call yesterday was upbeat on better than expected revenue for the quarter. However buried in its disclosures to investors...
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James Murdoch-backed Viacom18 to bring Succession, other HBO catalog to IndiaWarner Bros. Discovery has partnered with Mukesh Ambani-backed Viacom18 to bring HBO and other movies and shows from the WB catalog to India in a...
