• Max Levchin’s Affirm raises $200 million at a nearly $2 billion valuation

    Max Levchin’s Affirm raises $200 million at a nearly $2 billion valuation

    Affirm, the platform that helps consumers find financing, is getting some financing of its own. The San Francisco-based company confirmed that it’s raising $200 million, led by GIC, a Singaporean sovereign wealth fund. Existing investors Khosla Ventures and Spark Capital are also participating. Affirm’s valuation is estimated to be between $1.5 billion and $2 billion. Read More

  • Former Gawker employees are crowdfunding an effort to buy Gawker.com

    Former Gawker employees are crowdfunding an effort to buy Gawker.com

    Gawker may soon return from the dead. While Univision acquired most of Gawker Media’s sites last year (and renamed them as the Gizmodo Media Group), the deal didn’t include Gawker itself. Now a group of former Gawker employees calling themselves the Gawker Foundation has launched a Kickstarter campaign to buy the old domain and relaunch with a nonprofit, membership-funded model. Read More

  • Netflix users collectively watched 1 billion hours of content per week in 2017

    Netflix users collectively watched 1 billion hours of content per week in 2017

    Netflix users burned a lot of time watching content in 2017, though metrics seem to point that users have been watching less and less on average over time. In a year-end blog post, the streaming service announced that users watched more than 140 million hours of content per day, or 1 billion hours per week. As of Q3 2017, the company has more than 109 million subscribers. Read More

  • N26 partners with Younited Credit to launch credit offering in France

    N26 partners with Younited Credit to launch credit offering in France

    German startup N26 is now live in 17 European countries, but many features first launched in Germany and never made their way to other markets. The startup is slowly expanding core features to other key markets. That’s why the company is partnering with Younited Credit to launch consumer credit in France. It works pretty much like the existing credit feature in Germany. In the app, you… Read More

  • Google launches three new photography apps for testing experimental technology

    Google launches three new photography apps for testing experimental technology

    Google today is launching a trio of new photo apps – a part of new series of what it has dubbed photography “appsperiments.” (Get it? Ha ha.) The apps, some of which are available on both the iOS App Store and Google Play, give Google a way to test out more experimental features to see how users respond, the company explains in an announcement on its Google Research… Read More

  • Popular podcast ‘Welcome to Night Vale’ scores an FX development deal

    Popular podcast ‘Welcome to Night Vale’ scores an FX development deal

    With narrative podcasting on the rise, it’s no surprise that TV execs have begun looking at the medium as a resource for new shows. If there is a surprise in all of this, it’s that Welcome to Night Vale didn’t get picked up sooner. The podcast has developed an organic fan base through platforms like Twitter, several touring shows, spin-off podcasts and two novels. Read More

  • Facebook is trying to make the Poke happen again

    Facebook is trying to make the Poke happen again

    Facebook’s “Poke” feature has never really gone away, but now the social network is giving it a more prominent placement – and is even considering expanding the set of casual greeting options to include others, like a wink, wave, high-five or hug. Though Facebook had never really discontinued the age-old feature, which serves as a quick way to get someone’s… Read More

  • Is Trump a Twitter addict? Crunch Network

    Is Trump a Twitter addict?

    The president of the United States cannot seem to stop tweeting. Despite stern advice from his advisors and opprobrium from the world, not a day goes by that POTUS doesn’t escalate some tension in 280 characters. Each of us can relate to making a social media post we regret later and vowing never to do it again — but few of us do it on such a public scale. But is it addiction? Read More

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