Tencent will shutter its game streaming service Penguin Esports on June 7, after China blocked a Tencent-led merger between Huya and DouYu — Tencent Holdings Ltd. announced it will shut down its game streaming service, more than a year after Beijing blocked its effort to create China's equivalent …
One-click checkout service Bolt acquires crypto payments startup Wyre, sources say for around $1.5B — Deal extends crypto's hot M&A market following record deal activity in 2021 — Bolt Financial Inc., a payments-focused financial technology company, is acquiring crypto-services startup …
How Gwyneth Paltrow, Mila Kunis, and others are pushing women to invest in NFTs, which critics see as a form of self-serving feminism centered on white women — Gwyneth Paltrow and Mila Kunis joined a Zoom in January to encourage 5,000 women in the audience to break into the male-dominated world of crypto.
Berlin-based consumer electronics rental service Grover raises a $110M Series C in equity led by Energy Impact Partners and $220M in debt at a $1B+ valuation — A growing number of people are looking for ways to live more sustainably amid increasing concerns over the environment and what we humans keep doing to pollute it.
Fetch Rewards, which offers rewards to customers who submit receipts of purchases from 600+ partners, raises $240M led by Hamilton Lane at a $2.5B valuation — Fetch Rewards, a shopping rewards app backed by SoftBank Group Group's (9984.T) Vision Fund 2, has raised $240 million in a funding round …
Biden appears to show support for Amazon workers who unionized in Staten Island, saying in a speech: “By the way, Amazon, here we come. Watch” — “By the way, Amazon, here we come. Watch,” the president said. But the White House quickly said his remarks did not mean the government would get formally involved.
Coinbase adds support for the popular UPI payment method in India, making the cryptocurrency exchange functional in the country for the first time — Coinbase is adding support for the popular UPI payment instrument in India, making its eponymous cryptocurrency exchange functional …
Inside Kyiv's IT office, whose workers have spent the past five weeks adapting and repurposing everyday tech, like the Kyiv Digital smartphone app, for wartime — Even the app's logo reflects this shift. What was once a friendly sky-blue “K” for Kyiv has been redesigned into a black-and-gray military camo pattern.
MicroStrategy uses a loan against its bitcoin holdings to buy $190.5M more bitcoin, a first for the company; MicroStrategy now owns 129,218 BTC, worth ~$6B — MicroStrategy Inc. used a loan against its Bitcoin holdings for the first time to purchase $190.5 million more of the cryptocurrency.
Berlin-based Productsup, which offers e-commerce tools for 900+ brands, raises a $70M Series B led by Bregal Milestone, bringing its total funding to ~$90M — To many people, e-commerce is synonymous with shopping on Amazon, but the reality is that a retailer has the option to use a bundle …
Uber says it plans to add long-distance travel bookings to its UK app in 2022, including intercity trains, coaches, and flights — Ride-booking app aims to become a broader travel hub as part of Khosrowshahi plan delayed by pandemic — Uber plans to add long-distance travel bookings …
FTX makes a “significant” investment in stock exchange IEX, made famous by Michael Lewis' “Flash Boys”; IEX represented 2.7% of US equities volume in March — Crypto exchange FTX US agreed to take a stake in IEX Group Inc., owner of the stock exchange made famous by …
Amazon's Project Kuiper books 83 satellite launches over five years to deploy most of its 3,236 satellites, which will beam internet to earth — The subsidiary is partnering with Arianespace, ULA, and Blue Origin — Project Kuiper — Amazon's planned internet-from-space initiative …
Victoria Song / The Verge : With the Ray-Ban Meta smart glasses, which can easily slot into people's lives, Meta has exceeded expecta...
