TikTok parent ByteDance launches music creation and audio editing app in closed beta in the US
TikTok’s parent company ByteDance announced today that it’s launching a new, free-to-use music production app in closed beta in the United States. The app, called...
UK readies in-depth investigation into Adobe’s $20B Figma acquisition
The U.K.’s Competition and Markets Authority (CMA) has provisionally concluded that Adobe’s proposed $20 billion bid for digital design rival Figma could result in a...
YouTube limits ad blocker usage in new test
YouTube is running a new experiment to limit usage on ad blockers by asking users to turn it off or buy a premium subscription after...
Fidelity deepens valuation cut for Reddit and Discord
Fidelity has further slashed the estimated worth of its holding in social platform Reddit and chat app Discord as well as SaaS startup Gupshup, giving...
Fertifa enables companies to offer fertility and reproductive health benefits
The number of workplaces offering fertility and reproductive healthcare benefits are on the rise. Doing so can help companies become more competitive employers and bolster...
India court dismisses Twitter’s lawsuit against Indian government
An Indian court has dismissed Twitter’s lawsuit against the Indian government that sought to challenge New Delhi’s block orders on tweets and accounts. The Karnataka...
Snapchat+ reaches 4 million paid subscribers since launching a year ago
Snapchat announced today that its Snapchat+ subscription service has reached 4 million paid subscribers in its first year since launching. The company also revealed two...
How Porsche plans to grow margins with luxury and speed
Porsche — with CEO Oliver Blume behind the wheel — has zipped by a number of milestones over the past several years. Its share price...
Meituan buys founder’s months-old ‘OpenAI for China’ for $234M
One of China’s most highly anticipated artificial intelligence startups is undergoing a significant change of direction. Guangnian Zhi Wai, or Light Years Beyond, which was...
Big Tech corporate venture capital 🤝 generative AI startups
As the race to build generative AI tools for the enterprise devolves into a battle royale, Big Tech companies are busy wielding their most powerful...