Picsart

Picsart launches a suite of AI-powered tools that let you generate videos, backgrounds, GIFs and more

Picsart, a photo-editing startup backed by SoftBank, is launching a new suite of AI-powered tools for businesses and individuals. The suite, called Picsart Ignite, includes 20 tools that are designed

Picsart adds interest-driven communities called ‘Spaces’ for social collaboration

Digital creation platform Picsart is launching new in-app communities dedicated to specific topics and interests, the company announced on Tuesday. The communities are called “Spaces” and

Picsart’s AI-powered SketchAI app turns images and outlines into digital art

Riding the generative AI wave, Picsart, the developer behind various photo and video editing apps for the web and mobile devices, is introducing a new iOS app that transforms photos and drawings into

Zoom and Enhance (kinda) go from fiction to fact with Picsart’s AI image enhancer

“Can you enhance that?” the CSI detective asks a bespectacled computer nerd, pointing at a six-pixel area of CCTV footage that may or may not be a driver’s license. Two seconds later

Carbon Health lays off 8% of staff

The company noted the layoffs were the result of winding down certain business lines related to the pandemic and a shift to focus on profitability.

A third straight week of tech layoffs in the books

You thought the market was bad for venture capitalists, but what about the actual workers behind the tech companies they’ve backed? Reluctantly, we’re writing a tech layoffs roundup for the third

Picsart brings its editing tools to Google Drive with new integration

Digital creation platform Picsart has launched an integration with Google Drive via the Google Workspace Marketplace. The new integration enables users to edit Google Drive images in Picsart’s w

Daily Crunch: Samsung erases the Note, starts new page with Galaxy S22 Ultra phablet

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Picsart brings its creative tools to developers with new API

Digital creation platform Picsart has launched a new API program called Picsart for Developers, the company announced on Wednesday. Picsart offers a range of digital creation and editing tools aimed a

Picsart acquires R&D company DeepCraft in seven-figure deal to aid video push

SoftBank-based digital creation platform Picsart, which recently hit uniciorn status, announced today it’s acquiring the research and development company DeepCraft. The deal is a combination of

TikTok brings its Video Kit to desktop, web and consoles

TikTok announced today it’s expanding its Video Kit offering for developers to include those building apps for the web, desktop and consoles, in addition to its previous support for mobile platf

Google lowers Play Store fees to 15% on subscription apps, as low as 10% for media apps

Google is lowering commissions on all subscription-based businesses on the Google Play Store, the company announced today. Previously, the company had followed Apple’s move by reducing commissio

Picsart raises $130M from SoftBank, becomes unicorn on the back of its visual creator tools

Picsart COO Tammy Nam said it was now past a $100 million run rate, and that it was worth more than $1 billion after the SoftBank round. That was the extent of our ability to mine her for details.

Two $50M-ish ARR companies talk growth and plans for the coming quarters

This group of companies are what we're calling our $50 million annual recurring revenue (ARR) group, though we're not too strict on that revenue figure.

App management startup AppFollow raises $5M Series A round led by Nauta Capital

AppFollow, an app management startup, has raised a $5 million Series A round led by Barcelona’s Nauta Capital, alongside existing investors Vendep Capital and RTP Global participating. The Helsinki-

Watch an unfiltered interview of PicsArt founder at Disrupt Berlin

Smartphones have become a creative playground thanks to cameras and innovative apps, such as PicsArt. With PicsArt, anybody can add filters and stickers and tweak photos and videos in many different w

PicsArt hits 130 million MAUs as Chinese flock to its photo-editing app

If you’re like me, who isn’t big on social media, you’d think that the image filters that come inside most apps will do the job. But for many others, especially the younger crowd, ma

Former Viki CEO Tammy Nam joins PicsArt as its first COO

PicsArt, the company behind the photo-editing app of the same name, has hired Tammy Nam as its first chief operating officer. Nam was most recently the CEO of Viki, the Rakuten-acquired video streamin

Creative-focused app PicsArt hits 100M MAUs, attracting brands tired of trolls

You would think that social networks are more or less “done” now. What would be the point of another in a world filled with so many options? But in fact, there remains a niche which has been growi

Prisma adds art filtered video, GIFs coming next

Art filter photo app Prisma is adding a big new feature to its iOS app in an update landing today: support for videos.
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