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  • Wattpad, the storytelling platform, is selling to South Korea’s Naver for $600 million

    Wattpad, the 14-year-old, Toronto-based, venture-backed storytelling platform with reach into a number of verticals, is being acquired by Naver, the South Korean conglomerate, in a $600 million cash-and-stock deal. Naver plans to incorporate at least part of the business into another of its holdings, the publishing platform Webtoon, which Naver launched in 2004, brought to […]

    January 19th, 2021 08:51 PM

    Reflections on the first all-virtual CES

    I’ve spent more time than I care to mention over the last several years wondering aloud about the value of in-person trade shows. There’s something seemingly antiquated in the idea of jamming a bunch of people in a room, walking from booth to booth. Sure, they’ve fulfilled an important need in the past, but aren’t […]

    January 19th, 2021 07:54 PM

    Brave web browser adds native support for peer-to-peer IPFS protocol

    The decentralized tech community is aiming to find support for technologies that go beyond cryptocurrency support. In a blog post today the team at Brave announced that they have worked with Protocol Labs to integrate native support for the InterPlanetary File System (IPFS) inside their browser. The peer-to-peer file-sharing standard launched in 2015 and has […]

    January 19th, 2021 06:47 PM

    Elon Musk said it was ‘Not a Flamethrower’

    After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018 […]

    January 19th, 2021 06:20 PM

    Daily Crunch: Microsoft backs Cruise

    Autonomous vehicle company Cruise raises a $2 billion new round, Netflix keeps growing and WhatsApp faces more privacy concerns. This is your Daily Crunch for January 19, 2021. The big story: Microsoft backs Cruise Cruise announced today that it has raised $2 billion in new funding at a $30 billion valuation, with Microsoft joining as […]

    January 19th, 2021 06:12 PM

    Podchaser raises $4M to build a comprehensive podcast database

    Podchaser, a startup building what it calls “IMDB for podcasts,” recently announced that it has raised $4 million in a funding round led by Greycroft. In other words, it’s a site where — similar to the Amazon-owned Internet Movie Database — users can look up who’s appeared in which podcasts, rate and review those podcasts […]

    January 19th, 2021 06:06 PM

    Adthena acquires Kantar’s paid search business

    Adthena is expanding its partnership with market research company Kantar by acquiring Kantar’s paid search business. The two companies announced an agreement earlier this month, through which Adthena data will be integrated into Kantar’s ad intelligence product. Now, through this new acquisition, Adthena said Kantar search clients will get access to the Adthena product suite. […]

    January 19th, 2021 05:34 PM

    Drone-focused construction startup TraceAir raises $3.5M

    Bay Area-based construction startup TraceAir today announced a $3.5 million Series A. Led by London-based XTX Ventures, this round brings the company’s total funding up to $7 million. The raise includes existing investor Metropolis VC, along with new additions Liquid 2 Ventures, GEM Capital, GPS Ventures and Andrew Filev. We first noted the company back […]

    January 19th, 2021 05:33 PM
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