Month: April 2018

NSI Ventures, the Singapore-based VC firm affiliated with PE firm Northstar Group that invested early in ride-sharing unicorn Go-Jek, is going independent after it announced it has rebranded to Openspace Ventures. NSI Ventures was started by Hian Goh, an entrepreneur who sold his startup Asia Food Channel in 2013, and finance exec Shane Chesson in 2014. The firm
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Facebook is getting the developing world online, even as the developed world criticizes its privacy practices. Mark Zuckerberg said today on Facebook’s Q1 2018 earnings call that “our Internet.org efforts have helped almost 100 million people get access to the internet who may not have had it otherwise.” That’s up from 40 million in November 2016.
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Riding high on the growing consumer demand for podcasts, a startup called Castbox this morning announced the close of $13.5 million in Series B funding for its technology-fueled podcast app. The round was led by SIG China, and includes participation from existing investors IDG Capital, Qiming Venture Partners, and GSR Ventures. To date, Castbox has raised $29.5
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Twitter is making good on its pledge to fight the persistent problems of spam, bots, harassment and misinformation that have plagued the social platform for years. Today, in its generally positive Q1 earnings report, the company announced that changes it has made related to TweetDeck and its API — two of the most common spam
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Starling, the U.K. challenger bank founded by Anne Boden, continues to execute on its “marketplace banking” vision, adding integration with Aviva-backed online investment service Wealthify. Starling already has an existing partnership with digital investing service Wealthsimple — meaning that the Starling Marketplace is getting a little more competitive — along with mortgage broker Habito, travel
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It looks like Twitter, the oft-beleaguered social network that’s still worth more than Snap, will still hold that status for a little longer after delivering a stronger-than-expected quarter this morning. Twitter’s monthly active users barely grew — though it did, indeed, grow — by around 3% worldwide year-over-year, and is now at around 336 million monthly
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