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YC-backed Abacum nets $7M to empower finance teams with real-time data and collaboration tools

SaaS to support mid-sized companies’ financial planning with real-time data and native collaboration isn’t the sexiest startup pitch under the sun but it’s one that’s swiftly n

Twitch expands its rules against hate and abuse to include behavior off the platform

Twitch will start holding its streamers to a higher standard. The company just expanded its hate and harassment policy, specifying more kinds of bad behavior that break its rules and could result in a

Authentic Artists is building virtual, AI-powered musicians

Chris McGarry, who previously led music integration at Facebook’s Oculus, is taking a new approach to bringing music into the virtual world with his startup Authentic Artists. McGarry pointed to

Lowkey raises $7 million from a16z to help game streamers capitalize on short-form video

While the growth of game-streaming audiences have continued on desktop platforms, the streaming space has felt surprisingly stagnant at times, particularly due to the missing mobile element and a lack

Apple invests $50M into music distributor UnitedMasters alongside a16z and Alphabet

Independent music distribution platform and tool factory UnitedMasters has raised a $50 million series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is

With 1v1Me, anyone can gamble on their ability to crush an opponent in player vs. player games

Anthony Geranio has played video games for the past 13 years. The 26-year-old first-time founder of 1v1Me, a new company that lets anyone gamble on their ability to win in a player versus player game,

Amazon’s GameOn app, a platform for sharing mobile gaming clips, launches on iOS

Mobile gaming hasn’t seen the same demand for streaming content in the past as desktop has, but Amazon sees a market there to extend Twitch’s dominance. After launching on Android back in

Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro, which just nabbed $15 million in financing to grow its business. As video comme

Newness raises $3.5 million for its ‘Twitch for beauty streamers’

Newness, a startup co-founded by former Twitch employees, has raised $3.5 million in a Sequoia-led seed round for its live-streaming platform aimed at beauty creators and their fan communities. Though

App stores saw record 218 billion downloads in 2020, consumer spend of $143 billion

Mobile adoption continued to grow in 2020, in part due to the market forces of the COVID-19 pandemic. According to App Annie’s annual “State of Mobile” industry report, mobile app do

The deplatforming of President Trump

After years of placid admonishments, the tech world came out in force against President Trump this past week following the violent assault of the U.S. Capitol building in Washington D.C. on Wednesday.

Extra Crunch roundup: 2 VC surveys, Tesla’s melt up, The Roblox Gambit, more

Thanks very much for reading Extra Crunch this week. I hope we can all look forward to a nice, boring weekend with no breaking news alerts.

Michelle Obama calls on Silicon Valley to permanently ban Trump and prevent platform abuse by future leaders

In a new statement issued by former First Lady Michelle Obama, she calls on Silicon Valley specifically to address its role in the violent insurrection attempt by pro-Trump rioters at the U.S. Capitol

Twitch disables Trump’s channel until the end of his term to ‘minimize harm’ during transition

Following a slate of temporary and permanent bans from a number of the top online platforms, popular video streaming service Twitch today confirmed that it has disabled the president of the United Sta

Twitch updates its hateful content and harassment policy after company called out for its own abuses

Following several reports of a toxic workplace and abuse this year, Twitch today announced the introduction of a new hateful content and harassment policy for its streamer community that will go into

OnePlus co-founder Carl Pei raises $7 million for his new venture

Carl Pei, the co-founder of OnePlus who left the company two months ago, has raised $7 million from a roster of high-profile investors for his new hardware venture. The Swedish tech entrepreneur said

Gaming rules the entertainment industry, so why aren’t investors showing up?

As gaming’s popularity reaches epic heights, venture investors’ activity in the industry doesn’t seem to equate with the overall size of the games market. Spurred by an unreal year w

Gillmor Gang: Shaken, not stirred

With one day to go to the election, our thoughts are with those who look forward to talking about something else. Difficult as it might be to imagine, there must be other things to work on. One thing

4 quick bites and obituaries on Quibi (RIP 2020-2020)

In memory of the death of Quibi, here’s a quick sendoff from four of our writers who came together to discuss what we can learn from Quibi’s amazing, instantaneous, billions-of-dollars fai

Gen Z spends 10% more time in non-game apps than older users

A new report released today by App Annie digs into how Gen Z consumers engage with their smartphones and mobile apps. According to data collected in Q3 2020, Gen Z users spend an average of 4.1+ hours
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